Reston Neighborhood Real Estate Summary – 2015/2016
Neighborhood – Beacon Heights Drive
Summary – The 30, 5-level town homes on Beacon Heights Drive are the most unique homes in Reston, and among the most dramatic and elegant. Located on a bluff overlooking Lake Thoreau, these 30 homes are highlighted by elevators allowing easy access to any level, decks and open window spaces providing spectacular water views, and top quality amenities on every floor. The unique and incredible, spacious homes deserve a look by those seeking upscale elegance in a fabulous location.
Three homes sold in 2015 and 2016 year-to-date in this neighborhood. Sales are summarized below:
Date Address Sales Price No. BR/bath Sq.Ft. Price/Sq.Ft.
Jan 2015 2078 $918,000 3/2.5 2,477 $371
Aug 2015 2050 $950,000 3/3.5 2,489 $382
Jan 2016 2056 $920,000 3/3 .5 2,489 $370
Forecast for the Future on Beacon Heights –
The growth in Reston and demand for higher income homes bode well for these homes in the coming years. There is simply nothing else like these homes in style, elegance, and life style, and this will eventually be noticed by those seeking something out of the ordinary. I would be very surprised if prices on future sales in 2016 do not return to the million dollar mark.
I am very “bullish” on the future pricing in this neighborhood.
Ray Wedell, Realtor
Chartered Financial Analyst, CFA