Where: 1391 Pennsylvania Ave., SE
Number of units: 247
Floor plans: There are 10 floor-plan options, ranging from one-bedrooms with a bathroom to three bedrooms with two bathrooms.
Prices: Prices start at $332,900 for one-bedrooms, $363,900 for one-bedrooms with a den and a parking spot, $399,900 for two-bedrooms with parking, and $479,900 for two-bedrooms with a den and parking.
In each unit: Hardwood floors and granite countertops, stainless-steel appliances, walk-in closets, and ceramic tile in the kitchens and bathrooms.
A revival of a 1950s apartment building, The Takoma offers condo-living in quaint Takoma Park.
What: The Takoma
Where: 111 Lee Avenue, Takoma Park
Number of units: 46
Number sold: 39
What: The Grove at Arlington Ridge
Where: 2311 25th Street South, Arlington
Number of units: 190
Number sold: 115
Floorplans: One-, two-, and three-bedroom units ranging from 700 to 1,400 square feet.
Prices: One-bedroom condos start at $274,900; two-bedroom, two-baths at $354,900; and three-bedroom, two-baths at $431,900.
In each unit: Hardwood floors in the common areas, carpeted bedrooms, and ceramic-tiled kitchens and bathrooms. Kitchens feature granite countertops and stainless-steel appliances. Each unit has nine-foot ceilings, a balcony, and a washer/dryer. All top-floor units in the four-story building come with fireplaces.
What: The Moderno.
Where: 1939 12th St., NW, plus two smaller buildings at 1937 and 1935 12th St..
Number of units: 19.
Number sold: 13.
Sizes: The 30,000-square-foot building features flats, duplexes, and triplexes ranging from 635 to 2,300 square feet.
Floor plans: The main building features 15 residences ranging from one-bedroom/one-bath units to two-floor penthouses. All units in the main building have outdoor space off of the bedroom or living room. The auxiliary buildings include four larger units with patios and terraces. Penthouse residences and units in the auxiliary buildings come with parking. Buyers of other units can purchase a spot for $40,000.
Prices: $346,900 to $1.2 million.
In each unit: Hardwood floors, floor-to-ceiling glass windows (double-insulated on the front units), solid-core wood doors, quartz countertops, breakfast bars, and washer/dryers. Buyers can customize their closets using the Elfa organizing system. Some units also come with a Sub-Zero refrigerator/freezer.
Building amenities: The Moderno doesn’t offer many of the hotel-like amenities found at other nearby high-end buildings—there’s no doorman, concierge, or fitness center. But residents are offered private storage spaces and the building has an elevator.
Closest Metro stop: The U Street station on the Metro’s Green and Yellow lines is half a block away.
Special deals: PNC Bank is offering 100-percent financing to qualified buyers.
Expected completion: Done. Buyers began moving in at the end of February.
What: The Lacey
Where: 2250 11th St., NW
Number of units: 26
Number sold: 14
Floorplans: The 12 remaining units—seven one-bedrooms and five two-bedrooms—range in size from 554 to 1,748 square feet.
Prices: $325,000 to $899,000
In each unit: Floor-to-ceiling windows and maple floors. Kitchens have white Corian counters with stainless-steel edges and appliances from companies in Italy, New Zealand, and Sweden.
Building amenities: The building was designed by Division1 Architects, the firm behind stylish area restaurants Mondo Sushi and Lima Restaurant and Lounge. Private balconies and common rooftop decks have views of the U.S. Capitol and Washington Monument, while indoors you can use the EcoSpace Elevator, a “green” elevator that uses less power than a typical elevator. There are only 13 parking spots, listed for $40,000 each.
Closest metro: The green and yellow line’s U Street station is about five blocks away.
Special deals: If you use the building’s preferred lender, the asking price drops one percent.
Expected completion: Done. Owners are able to move in immediately.
The Fitz, a large condo development in Rockville, will auction off its remaining 40 units amid sluggish demand. The 221-unit project is an apartment conversion located at 501 Hungerford Drive in Rockville, about a ten-minute walk from Metro. The auction is to be held at 1pm next Saturday, February 28th at the Bethesda Marriott. The minimum bid for one-bedrooms is $159,000; for two-bedrooms $219,000.
Between four million and five million people are expected to descend upon DC for inauguration week. With a limited amount of hotel space, renters’ attention has largely been focused on Craigslist. It’s time to make room for one more.
Last Friday, Andre Butters, a mortgage-company owner, launched the Web site Inauguralhomes.com. By yesterday afternoon, the site—designed to connect inauguration visitors to DC-area homes—already had 120 residences listed for rent.
Butters started the site with three friends, two from Wall Street and a fellow mortgage-company owner—all Barack Obama supporters. Butters, a Bethesda resident, helped enter data and make phone calls for the Democratic nominee during the presidential campaign.
“First and foremost,” he says, “we’re Obama supporters. We saw a need for housing, and what better way to get involved than to take a leadership position?”
Listing Price: $10,600,000
Time on the Market: One month
This week, we take you out of the country and into this contemporary Georgetown condo. Located right next to the C&O Canal and the Potomac, this condo has great water views through the floor-to-ceiling windows, which surround the three-sided, 6,650-square-foot space. The master bedroom and master bathroom are separated by a translucent wall, and the hallways have custom cabinets and Venetian plaster. But what we love most about this place is what comes with it; besides two storage rooms, four parking spaces, a conference room, and fitness center, the building also has its own rooftop terrace with a pool and outdoor seating. From the terrace, you can see the Washington Monument and The Kennedy Center on one end, and on the other, the Key Bridge and the spire of Georgetown University. The unit is the largest in the building, which was built in 2004.
For more photos of this property, click here.