Tag: real estate
Townhouses proposed for Gallows Road
One of 11 houses on a property proposed for higher density. Fairfax County is considering an amendment to the Comprehensive Plan to consolidate a group of properties along Gallows Road and allow increased density – which would pave the way for a townhouse development. The property is in Mason District between Gallows Road, Libeau Lane, … Continued
Annandale Road farm for sale
The farm on Annandale Road. The “farm” on Annandale Road is on the market for $3 million. The owners, Bobbi Ngo and her husband, have been growing vegetables and herbs on their 2.1-acre yard since they moved there more than 30 years ago. The house is a modest, brick two-story rambler built in 1951 with … Continued
Fairfax County’s economic situation shows some improvement
The latest economic indicators report for Fairfax County prepared by the Department of Management and Budget presents a mixed bag. Here’s the positive news: Home prices are up. The average sales price of all homes that sold in January 2017 in Fairfax County was $545,772, an increase of 8.1 percent over the average price of … Continued
Historic Oak Hill is on the market
Oak Hill, the oldest and most historically significant house in Annandale, is on the market for $1.55 million. The listing, by Christie’s International Real Estate, says the Georgian-style house, at 4716 Wakefield Chapel Road has six bedrooms, five and a-half bathrooms, a modern kitchen, and a private apartment over a two-car garage. The 2.6-acre property … Continued
Expansion of townhouse development proposed
A completed section of Ambrose Hills and a new tot lot. Stanley Martin Cos., the developer of the Ambrose Hills townhouse development on Columbia Pike and Powell Lane, is requesting a rezoning to build five more homes on a small parcel it acquired a couple of years ago, long after the rest of the property … Continued
Home assessments are up 1.3 percent in Annandale
Real estate assessments rose an average of 0.68 percent from 2016 to 2017 for residential homes in Fairfax County. The average home is assessed at $533,168. Residential assessments in Annandale rose an average of 1.32 percent, the second highest increase of any area except Burke. The average home value in Annandale is $451,164. The biggest … Continued
Demand strong for commercial office space, yet vacancy rates remain high
The Lee Building in Bailey’s Crossroads. The commercial office market in Fairfax County remained strong during the first half of 2016, according to a report released by the Fairfax County Economic Development Authority. The majority of new leasing activity was in Tysons, Reston, and Chantilly, however, with minimal activity in the Annandale/Mason District area. The direct … Continued
Skyline Center for sale
The Skyline Center The Skyline business campus in Bailey’s Crossroads will be sold at auction to the highest bidder on Dec. 21, the Washington Business Journal (WBJ) reports. The property is being sold – in a substitute trustee’s sale – from the steps of the county courthouse after the owner, Vornado Realty Trust, defaulted on … Continued
Renovations under way on Annandale office building
Tenants sought for 7409 Little River Turnpike. The renovation of an office building at 7409 Little River Turnpike in Annandale, first announced in May 2014, is under way after several challenges caused delays. The building has four retail spaces on the first floor. The configuration of the second floor is flexible so the number of … Continued
A few changes under way in central Annandale
A few changes are under way in central Annandale, but nothing seems to be happening with some long-vacant buildings. A Cash for Gold shop opened at 7262 Columbia Pike, next to the T-Mobile store by the Little River Turnpike intersection. The building used to house a martial arts studio and, before that, an auto parts … Continued
Withdrawal of AvalonBay means Southeast Quadrant won’t be developed
The Southeast Quadrant on Columbia Pike. The withdrawal of AvalonBay from the land swap previously approved by the development company and the Fairfax County Board of Supervisors means the Southeast Quadrant of Bailey’s Crossroads will remain undeveloped for the foreseeable future. “The land swap was negated when AvalonBay withdrew,” says Mason Supervisor Penny Gross. “It’s … Continued
Work underway on infill housing opposed by Malbrook residents
The site of an infill housing project at the end of Brooks Place. Work is under way on an infill housing development between the Lake Barcroft and Malbrook communities, even though Malbrook residents charge the project is in violation of their subdivision’s covenants. Malbrook residents’ lawsuit to block the development was denied a hearing by … Continued
New houses for sale in Seven Corners
New homes on a new cul de sac off Peace Valley Lanein Seven Corners are ready for purchase. The development, called, Reserve at Oakview, includes seven homes at Champion Oak Court. Two model homes are completed. The rest of the homes will be built after the lots are sold. One has already been sold, … Continued
Bailey’s Crossroads office building sold
The Lee Building is on the corner of Leesburg Pike and Washington Drive across the street from a vacant lot where Spectrum plans to develop a retail center. The Lee Building, an aging, five-story office building at 5881 Leesburg Pike in Bailey’s Crossroads, has been sold for $3.1 million. The buyer, Fitzgerald Lewis, listed as … Continued
Luxury homes planned for Seven Corners
An artistic rendering showing the potential style of the houses planned by Banyan Development. Five new single-family homes will be built on a large lot at the corner of Arlington Boulevard and Beechwood Lane in Seven Corners. “We can accommodate a wide range of customization,” says the developer, Mark Schacknies, the founder of Banyan Development … Continued