Welcome to Luxury For Less, a weekly column highlighting the best deals in luxury real estate. Written by Brandy Schantz of TTR Sotheby’s International Realty, Luxury For Less offers tips and tricks navigating the competitive real estate market and securing the home of your dreams. To learn more, visit ttrsir.com.
Vienna is a popular place to live in the D.C. Metro area.
People love the small-town charm, the proximity to Tysons Corner and the trails that wind through our enchanting town. When the weather is nice, we all meet outdoors to enjoy a run, take a leisurely stroll to the Whole Foods, or walk our dogs. It’s a pretty idyllic life in the D.C. Metro area and no one who lives here is surprised that we consistently top lists of best places to live in the U.S.
The only problem, this town is becoming more and more expensive. Real estate prices are quite diverse in Vienna. The town is divided into 4 quadrants with each quadrant selling homes at different prices. Currently, the hot market in Vienna seems to be in Southeast.
Southeast is very desirable for its proximity to Tysons, great schools and walkability to Westwood Country Club. Living on Mashie or Niblick Drive has suddenly become very elite, in part thanks to the very large, high-end homes recently built on those two streets. In addition to paying top dollar to get in to Southeast Vienna, the town taxes can break the budget.
Recent sales in southeast include a $1,030,000 condo on Glyndon and $2,350,000 detached home on Niblick. Top that off with an additional real estate tax for living in the Town of Vienna of 22.5 cents per $100 of the property’s assessed value. It’s steep to live in this neighborhood.
What if you want to live in Vienna without the extra taxes or the price tag over $2M? Just east of the town and mere steps from this hot neighborhood are many great homes that sell for less and lack the extra taxes. This neighborhood is just west of Old Courthouse Road and east of Electric Avenue.
Most of the homes were built 10 years ago or more but have a lot of space and similar access to the trails, Tysons and the shops on Maple Avenue. In contrast to Southeast, the most expensive home sold in this neighborhood in the past six months was a detached home with over 7500 sq. ft. that sold for $1,695,000. Still too much? Most of the homes in this neighborhood sold for around $1M with many below that amount. Vienna addresses without the steep Vienna prices.
This week we have quite a few great homes featured and one just outside the town limits in Vienna to consider!
- 1838 Toyon Way Vienna (Reduced $30,000)
- 622 Tapawingo Road SW (Reduced $19,500)
- 7108 Penguin Place Falls Church (Reduced $260,000)
- 8601 Tebbs Lane McLean (Reduced $25,000)
- 901 Falls Bridge Lane Great Falls (Reduced $71,000)
The properties listed are a small selection of properties available in the Tyson’s Corner area. For a full list of properties listed on MLS and private exclusives, please contact Brandy Schantz.