Officially called “The Townes at Waterford” these 43 town homes are tucked away behind the Waterford condominiums, and backing to the Lake Anne property. The community is an exclusive development, originally built by Stanley Martin. and has exceptional access to transportation, schools, recreational facilities, and Lake Anne.
Lake Anne will soon undergo a major redevelopment, which will increase its cache as a quality venue in Reston. The Silver Line Metro will be approximately one mile from The Townes at Waterford.
Because of limited parking, all homes are designed with two car garages and room for two more cars to park in the driveway. There are only 14 visitor parking spaces, and these are strictly monitored, so as not to be used by anyone other than guests of a home owner.
Listings rarely come available in this neighborhood, and they usually sell quickly. It is likely that recent sales have closed well below where the sellers’ could have sold had recent supply/demand imbalances favoring the seller been taken more into account. But hindsight is always 20-20.