Reston Neighborhood Real Estate Report: Beacon Heights 2012/2013

Reston Neighborhood Real Estate Summary – 2015/2016

Neighborhood – Beacon Heights Drive

Beacon Heights

 

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

Samson Properties

Chartered Financial Analyst, CFA

703-855-7299

www.RestonFineHomes.com

raywedell@comcast.net

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About RayWedellRealEstate

Real estate professional with Samson Properties. Chartered Financial Analyst, CFA
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