The District is famously unaffordable, particularly in the Northwest neighborhoods with the highest demand.
But does the classic real estate mantra of “location, location, location” mean that homebuyers on a budget have no chance of owning property in Chevy Chase or Georgetown? Not necessarily.
Large condominium buildings offer a range of unit sizes throughout much of Northwest, from close-in Dupont Circle to upper Connecticut Avenue. Meanwhile, large single-family homes have been carved up into comparatively affordable condo units in other parts of the city.
Based on The Current’s recent check of five areas of Northwest, potentially appealing properties do exist at a variety of price points — from comfortably below $300,000 to more than $2 million. These pages examine current listings in or around Chevy Chase, Dupont Circle, Georgetown, the Palisades and Petworth.
You can buy in Northwest for less than $300,000, but don’t expect a spacious palace. But if you’re comfortable in a studio or one-bedroom condo, city living is available on a relative budget. Do factor in the condo fees if you’re counting pennies, though.
Chevy Chase: Although Chevy Chase is best known for its single-family homes, upper Connecticut Avenue is also lined with large apartment houses. In The Garfield at 5410 Connecticut Ave. NW, Unit 909 is a one-bedroom unit with 505 square feet that’s listed for $265,000 plus $434 per month of condo fees. (photos not available)
Dupont Circle: Unit 1015 on the top floor of The Lauren, 1301 20th St. NW, is a 467-square-foot studio. It’s listed for $260,000, plus a condo fee of $484 per month. (Photos by Marlon Crutchfield)
Georgetown: A Georgetown address is available for $290,000: 1657 31st. St. NW, Unit 107, the ground level of a historic building. This 395-square-foot studio has a monthly condo fee of $363. (Photos by Ivan Luka)
Palisades/Foxhall: Unit 206, a one-bedroom, one-bathroom 562-square-foot condo at 4570 MacArthur Blvd. NW in the Palisades/Foxhall area, is listed at $215,000 plus condo fees of $483 per month. (Photos by S.W. Kunk)
Petworth: In Petworth, Unit B1 at 4120 14th St. NW is available for $249,900. The one-bedroom, one-bathroom condo has 692 square feet and a monthly fee of $281. (Photos by Maria Honeywell)
Once your budget increases to $500,000, you can start to hope for a second bedroom and bathroom for your condo — though single-family homes remain out of reach in these five neighborhoods. However, especially if you’re particular about location, this price range won’t necessarily buy you the fanciest finishes.
Chevy Chase/Van Ness: In upper Connecticut Avenue, Unit 225 of 3001 Veazey Terrace NW is available for $449,900 plus condo fees of $985 per month. It’s a two-bedroom unit with 1,348 square feet. (Photos by BTW Images)
Dupont Circle: At 1700 17th St. NW, Unit 303 has one bedroom, one bathroom and 662 square feet of living space, and it’s on the market for $449,900 plus monthly condo fees of $431. (photo not available)
Georgetown: Unit 102 of 1045 31st. St. NW is available for $485,000 plus a monthly condo fee of $700 per month. The home features one bedroom and one bathroom, and covers 962 square feet. (photo not available)
Palisades/Wesley Heights: On the eighth floor of the condo building at 3101 New Mexico Ave. NW, Unit 804 has one bedroom, one bathroom and 1,170 square feet of living space. It’s listed for $415,000 with condo fees of $853 per month. (Photos by HomeVisit)
Petworth: Petworth is a booming neighborhood that features various condominium units priced around $500,000. This two-bedroom, two-bathroom condo — 804 Taylor St. NW, Unit 303 — is listed for $460,000. It has 877 square feet of living space and monthly condo fees of $315. (Photos by Pierce Lamb)
Around $1 million
A seven-figure price point allows for pleasant single-family row houses or detached homes in outlying sections of D.C. or sleek condominium units in more central neighborhoods such as Dupont Circle or Georgetown.
Chevy Chase: Chevy Chase provides comfortable, quiet homes for less than $1 million. The property at 5404 Nebraska Ave. NW has four bedrooms and 2,480 square feet of living space, and it’s listed for $919,000. Another option in Chevy Chase is 5534 30th St. NW, a property with three bedrooms, three bathrooms and nearly 3,000 square feet of living space. It’s currently on the market for $849,000. (Photos by HomeVisit)
Dupont Circle/West End: In the Residences at Ritz-Carlton, 1111 23rd St. NW, Unit 3G costs $989,500 and offers 1,115 square feet, two bedrooms and two bathrooms. Note that condo fees are particularly steep at $1,695 per month. (Photos by HomeVisit)
Georgetown: For $899,000, Unit 9 in the former Phillips School. 2735 Olive St. NW, offers two bedrooms, two baths and 1,070 square feet of space. Condo fees are $710 per month. (Photos by Sean Shanahan)
Palisades/Foxhall: In the Palisades/Foxhall area, a row house at 1567 44th St. NW is listed for $949,000 and has 1,750 square feet of space that includes three bedrooms and two bathrooms. (Photos by Larry Golfer)
Petworth: In Petworth, many row houses sell to developers who divide them into condos or rental apartments. At 14 Grant Circle NW, this 2,450-square-foot row house with four bedrooms and three-and-a-half bathrooms is available as a modern single-family home for $924,900. (Photos by Scott Goodson)
Around $2 million
Buyers willing and able to spend around $2 million have a variety of options. In Georgetown or Dupont, buyers can choose lavish condos with glorious views of the city or the Potomac River, or opt for a spacious and freshly updated row house, possibly with a built-in rental unit to help offset the mortgage cost. In outlying Northwest neighborhoods, a $2 million home is likely to be particularly big or to feature an eye-popping architectural twist — or both.
Chevy Chase/Van Ness: Modest-looking from the front, 3540 Van Ness St. NW also showcases a dramatic rear addition. The home has 6,800 square feet of living space with six bedrooms and six-and-a-half baths, and is listed for $2,070,000. (Photos by Marlon Crutchfield)
Dupont Circle: In a neighborhood where large single-family homes are often turned into apartments, 1915 S St. NW provides five bedrooms and 2,867 square feet as part of a single household. It’s available for $1,849,900. (photo not available)
Georgetown: 1510 33rd St. NW is a 1938 row house in Georgetown, fresh off a recent remodeling. The $1,699,000 property includes 2,160 square feet of living space with four bedrooms and three bathrooms. (Photos by Shoot & Showcase)
Palisades/Wesley Heights: This four-bedroom, four-bathroom home at 2923 45th St. NW was built in 1928 and includes 2,870 square feet of living space. It’s on the market for $1,999,000. (Photos by Peter Papoulakas at HomeVisit)
Petworth/Crestwood: The 16th Street NW corridor is famous for its grand old homes, and the 1921 property at 4224 16th lives up to such expectations. With nine bedrooms and 6,671 square feet of living space, it’s listed at $1,845,000. Nearby, 4805 Blagden Ave. NW is nearly as spacious with 6,250 square feet; it has five bedrooms and four-and-a-half bathrooms and is listed for $2,250,000. (Photos by HomeVisit)