Newsletter

Address: 80 Holly Hill Court
Neighborhood: Sleepy Creek Farms
Listed: $499,000

New Construction. Adena Design values the importance of being connected to nature and the ability to provide that experience to our customers. Our latest model offers the sophistication of modern styling combined with maintenance free materials and functionality.

The home is crafted with Pella casement windows and doors, Allura cement board siding, Timbertech composite decking and Superior Walls. An open main level floor plan with a full wall of operable glass opens onto a deck with a pond view. Stainless steel appliances and quartz countertops compliment the refined design of the kitchen cabinets.

The master bedroom is located on the main level and features a walk-in closet and private cantilevered balcony. There are solid acacia wood floors throughout the main level. Both bathrooms present ceramic tile shower surrounds with glass entry doors and Moen plumbing fixtures. Ten foot tall floor to ceiling windows flanking a large metal clad gas fireplace combine to form an artistic focal point in the main living space. The lower level consists of a bedroom, full bathroom and oversized one car garage.

The 2.5 acre lot is situated adjacent to a large community pond on which you may fish, swim or picnic in a serene wooded landscape.

Minutes to Cacapon State Park and downtown Berkeley Springs, West Virginia. Great Airbnb investment opportunity! Additional properties offered by Adena Design are also available.

Listed by:
Megan Rippon | REALTOR
Long & Foster
(C) 717-209-0477
(O) 540-662-3484
[email protected]
480 W Jubal Early Drive STE #100
Winchester, VA 22601
Margie BARTLES, Broker

Neighborhood Spotlight is a recurring column covering both the City of Alexandria and Alexandria in Fairfax County. This monthly column is sponsored and written by the Seward Group of TTR Sotheby’s International Realty.

Did you know in the early 1990’s the owner of the then Washington Redskins, unsuccessfully pushed for the construction of a new football stadium where Potomac Yard has transformed over the last 10 years?

Or that there was a push in the early 2000’s to build a baseball stadium in Pentagon City? Clearly, neither happened and the rumors of sporting stadiums popping up has long passed. A quick Google search today on the term “National Landing” immediately results in adjectives like transformation, innovation and dynamic.

National Landing is the umbrella term being used to identify what will become the nation’s most well-connected urban center over the next decade. It’s comprised of three bustling neighborhoods — Potomac Yard (Northeastern Alexandria) and Arlington’s Pentagon City and Crystal City — and is set to soon outpace some of the largest D.C. and suburban markets in the region (Read the full report here).

Amazon HQ2’s announcement to locate in Arlington might have been one of the primary drivers for the term National Landing, but there is plenty of excitement happening in the Potomac Yard section of NaLa (the latest nickname to recognize National Landing). The Virginia Tech $1B Innovation Campus, projected to be completed 2024, forecasts an enrollment of 600 masters and doctoral students a year supporting their goal to create the nation’s most diverse graduate technology campus.

The long-awaited Potomac Yard Metro Station (yellow line) is scheduled to open later this year. More retail continues to open such as Total Wine. Amazon Fresh will open any day now in the former Shoppers Food Warehouse spot.

For those looking to own a home in Potomac Yard, the most exciting option (with current availability) is the Dylan located at 701 Swann Avenue. This new six-story luxury condo building has become one of the fastest selling luxury condo projects in the DMV. Out of the 129 units that will be delivered starting the end of 2022, there are about 45 left for sale. One to three-bedroom floorplans exist ranging from the $600K’s to over $1.2M.

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This week’s Q&A column is written by Sallie Seiy of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact Sallie at 703-798-4666 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: As a homeowner, how can I prepare my home for the fall?

Answer: Can you believe it’s already August?! While we are still in the hot, humidity of summer, the sounds of school bells and leaves falling are not too far off. Fall will come just as quickly as summer is fading.

With the change in seasons, there are new responsibilities as a homeowner. First step is to prepare.

Did you know Virginia’s 3-Day Sales Tax Holiday is coming up this weekend on Friday, August 5 until Sunday, August 7? Along with the traditional clothing, shoes and school supplies, you can also purchase emergency preparedness products and Energy Star™ and WaterSense™ products! Items like these could help you save money on your electricity and water bills or help in the event that a large snow or rainstorm knocks the power out or puts big tree branches down on your driveway.

A few of the products you can purchase this upcoming weekend that will benefit your home: generators, washing machines, chainsaws and accessories, shower heads, etc.

Around the house a few things you can do to prepare for the fall would be:

  • Power-wash your exterior: Wash away the mold and mildew that summer can leave behind.
  • Reseal your deck: This helps to prevent any cold moisture from penetrating your deck.
  • Clean out your gutters: Fall means leaves falling and clogging your gutters.
  • Schedule an HVAC fall tune up: Get on their calendars early in case there are repairs needed.
  • Hunt for any air leaks: If there are any drafts coming from windows or doors, go ahead and caulk them to help keep heating costs down.
  • Fireplace inspection: If you have one, get a chimney inspection prior to use!
  • Battery Checks: Make sure your carbon dioxide and carbon monoxide batteries are changed out.

The final check — as the temperatures cool off and the outdoor plants go dormant, make sure to remove hoses and winterize your outdoor hose bibs!

When you are ready to sell your current home or start searching for a new one, please give me a call!

As a fifth generation Realtor and the granddaughter of an architect and builder, Sallie has deep roots in real estate. She is passionate for the charm, history, and architecture of Alexandria and its surrounding communities. If you would like more information on selling or buying in today’s complex market, contact Sallie today at 703-798-4666 or visit her website SallieSeiy.com.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria

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Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria, Virginia. I, along with my rock-star team members, Sue Kovalsky, Micki MacNaughton, and Adrianna Vallario, have more than 35 years of experience in real estate and sold over $175 million in 2021.

1323 Wilkes Street

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

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This week’s Q&A column is sponsored and written by Lisa Groover of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact Lisa at 703-919-4426 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: What do real estate agents do when they are not out selling houses?

Answer: I am often asked what I do when I am not helping my clients buy or sell their homes. In addition to walking my dogs in Old Town, I love being involved in the community, not only socially, but in ways that help others.

I welcome the opportunity to share some of the experiences I have had this summer and invite you to two upcoming events.

Old Town VillageFood Drive For ALIVE!

Founded in 1969, ALIVE! is the oldest and largest private safety net in the City of Alexandria dedicated to fighting poverty and hunger.

The summer months of July and August are the time of year when we can really help.

Special thanks to everyone who participated in the food drive on July 16th in Old Town Village. With your generous donations, we collected 639 pounds of all sorts of food! Executive Director Jenn Ayers said, “Thank you for your commitment to ALIVE! and the people we serve.”

She noted that our drive will be feeding 512 Alexandria residents in need.

K9 Yappy Hour Hosted by The Alexandria Police Foundation

As you know, I am a big dog lover, so when I heard about the K9 Yappy Hour being held in the courtyard at The Alexandrian Hotel, I wanted to be involved.

Funds raised at the event on May 19th benefited the well-being of Alexandria’s active and retired police dogs.

According to The Alexandria Police Foundation’s Executive Director, Ginny Hill-Obranovich, it had been several years since a Yappy Hour was held, and that she was happy to see so many people enjoying an evening with their dogs.

It was terrific seeing so many of my friends, clients, neighbors, colleagues and your dogs.

Thank you for your support of the Alexandria Police Dogs!

Upcoming Clothing and Housewares Drive to Save a Heart!

Saturday, August 13 | 10 a.m.-1 p.m.
Old Town Village Roundhouse | 343 S. Fayette Street, Alexandria, VA 22314

The Twig, the Junior Auxiliary of Inova Alexandria Hospital, has pledged another $1 million towards the renovation of the hospital’s Cardiovascular Intensive Care Unit.

You can help achieve their goal by donating the following items:

  • Gently worn apparel for men, women and teens
  • Housewares (kitchen utensils, pots and pans, vases, dishes, tools)
  • Decorative accessories (artwork, frames, lamps — no bedding or pillows)
  • Handbags, shoes, ties, hats, jewelry
  • Books, luggage and so much more!

All items will be sold at affordable prices at The TWIG Thrift Shop (Open September through mid-June at 106 N Columbus Street). Proceeds will be donated to Inova Alexandria Hospital. *Receipts will be provided

Upcoming Shop & Support to Benefit the Unmet Medical Needs in Alexandria

Wednesday, August 10 | Sara Campbell | 320 Prince Street, Alexandria, VA 22314

10 a.m.-7 p.m. | Sips & Bites from 4-7 p.m.

Enjoy first pick on deeply discounted Sidewalk Sale Deals and 10% off all full priced lady’s apparel and accessories. Sara Campbell boutique will donate 10% of all sales to the Board of Lady Managers, a humanitarian organization serving the unmet medical needs in Alexandria.

Stop by anytime during the day, or for lovely refreshments from 4-7 p.m. Don’t forget to mention the Board of Lady Managers!

I love living and working in Alexandria, where I am dedicated to giving back to our wonderful community. Please join me on August 10th and/or August 13th at one of the upcoming events.

Lisa Groover is a licensed real estate agent with McEnearney Associates, Inc. in Old Town Alexandria, VA. As an active member of the community since 1989, Lisa specializes in Alexandria, and is thrilled to have the opportunity to work closely with her friends, neighbors, former clients and their referrals.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria

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Address: 601 S Lee Street
Neighborhood: Old Town
Listed: $1,650,000

Circa 1799, this fabulous historic house in the Southeast quadrant of Old Town is a must see! Semi-detached with windows on 3 sides, natural light flows into this house highlighting many wonderful elements.

The original living room fireplace mantel creates a great atmosphere with the additional bookshelves. The stunning kitchen addition with custom cabinets, tiled floor, quartzite counter tops is a chef’s dream featuring a Bertazzoni range and hood and the expansive island. Pella triple paned windows in the breakfast room allow for more natural light and the banquettes lift for storage.

French doors open to a deep patio with a pergola and fan, the ideal place for a glass of wine or alfresco dinner. Two spacious bedrooms plus a library are on the second floor with a beautifully renovated bath. The irresistible part of this second floor is the enormous outdoor deck overlooking the patio and the mature crape myrtle tree. The 3rd bedroom and renovated bath are on the top floor.

The lower level features a tall, exposed brick wall, wood floors, a standing working desk, second laundry and many closets. This is a one-of-a-kind house that has been lovingly cared for and renovated.

Listed by:
Babs Beckwith
McEnearney Associates, Inc.
703-627-5421
[email protected]
BabsBeckwith.com

Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria, Virginia. I, along with my rock-star team members, Sue Kovalsky, Micki MacNaughton, and Adrianna Vallario, have more than 35 years of experience in real estate and sold over $175 million in 2021.

Fantastic location in sought after Del Ray!

Two bedroom, 1.5 bath duplex with bright southern exposure. Granite counters in the kitchen, stainless steel appliances, hardwood floors on main and upper levels. Fabulous fully finished basement with fireplace. Beautifully landscaped yard for your enjoyment with screened in Gazebo. Walk to “The Avenue” and enjoy all Del Ray has to offer. Close to metro, DCA and National Landing. Pet’s considered case by case, dogs okay, no cats.

2405 Sanford Street, Alexandria, VA 22301The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

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This week’s Q&A column is written by David Howell, Executive Vice President and Chief Information Officer, of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant market news, contact David at 703-855-5089 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: How was the real estate market in the Fairfax County portions of Alexandria for the first half of 2022?

Answer: Earlier this month, we took an in-depth look at contract activity in the City of Alexandria for the first half of the year compared to the same months of the previous year. (Read more here.)

This week we will look at the data for the Fairfax County portions of Alexandria (which we will refer to as South Alexandria going forward) during the same time.

One of the main differences between the city and county is the mix of condos, townhomes and detached homes. The graph below looks at contracts for each area based on these property types. The number of attached homes (duplexes and townhomes) is similar, but condos are the largest segment of the more urban neighborhoods of the city, and detached homes are the primary segment of South Alexandria’s suburban housing stock.

The remaining charts are concerned only with South Alexandria. To put contract activity into context for the first half of 2022, we will first look at month-end inventory and the number of new listings coming on the market year-to-date.

  • Month-End Inventory: At the end of June, there were 7% fewer homes on the market in South Alexandria compared to last June. (The City of Alexandria has seen a decrease of 28.0%.)
  • New Listings by Month: With the exception of February, so far this year the number of new listings coming on the market each month was down. Year-to-date, the number of new listings has decreased 8.5%.

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Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria, Virginia. I, along with my rock-star team members, Sue Kovalsky, Micki MacNaughton, and Adrianna Vallario, have more than 35 years of experience in real estate and sold over $175 million in 2021.

Welcome home to this beautiful townhome in Old Town located on a cul-de-sac!

With top to bottom renovations, this home has 3 bedrooms and 2.5 bathrooms, wood floors throughout, and brand new built-in storage system in the Master bedroom. All spaces are so bright, with modern updates and designer features. The outdoor patio is fully fenced and perfect for those outdoor spring and summer BBQ’s. Park the car in the driveway and enjoy living in Old Town just one block from King Street, one block from Whole Foods, and less than 1/2 mile to the King St Metro. Pet friendly!

A multi-year lease is desired, up to 3 years, beginning September 1. Showings begin Saturday!

320 Commerce Street, Alexandria, VA 22314The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

0 Comments

This week’s Q&A column is sponsored and written by Hope Peele of The Peele Group and McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact The Peele Group at 703-244-6115 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: How have the interest rate hikes affected the real estate market for buyers?

Answer: Seeing mortgage interest rates climb over the last few months has been scary for both buyers and sellers. Many buyers are wondering if they can still afford to buy, and many sellers are wondering if they missed their opportunity to sell at a great price. What I am seeing is a much more balanced market, which can be good for both buyers and sellers.

It has been very disappointing for buyers to see the interest rates climb. Many buyers are concerned about their ability to buy a new home with these increases. As 2022 has progressed, the super-competitive housing market began to slow down a bit in April with each new rate hike. By early summer, the rates hit 6% and many buyers took a break to figure things out.

Now we are seeing some of those buyers rethink things, and as they head back into the market they are finding a much more balanced environment. Of course, if you are wanting a home in a really hot neighborhood, it may still be super competitive. However, in general, it just got a lot easier for buyers. Yes, your monthly mortgage will be higher, but there are some great things about this market.

Since the pool of buyers has shrunk somewhat, there will be less competition for many homes. While the interest rates are higher, both the cash required at settlement and the risks involved in purchasing have gone down.

During the past two years there were often multiple offers, sometimes even 15-20 buyers competing for the same home. Buyers were not only having to make offers well above the list price, but they were waiving home inspection, appraisal and financing contingencies. This was a super stressful process for most buyers, who were accepting most or all the risk in the purchase, and oftentimes not getting the home they wanted.

When they did get the home, they had to be ready and able to put down substantial amounts of extra cash in case they had to cover a low appraisal. They also had to have extra cash in case of potential problems with the home, since they often had to waive home inspections and budget to fix things themselves.

To give you some perspective, a home in Alexandria was listed for $695,000 in early 2022 and sold for $758,000. That buyer probably had to come up with an extra $63,000 on top of their 10% or 20% down payment to get to closing. Or they may have had to reduce their downpayment to roll the shortage into the mortgage, increasing their monthly payment. In the current market, it very well may go for exactly list price, saving the buyer from coming up with that extra cash at closing.

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