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800 4th St. SW #S-815 is a beautiful studio condo with an open floor plan and nine-foot ceilings. It is on the top floor of Potomac Place Tower with a sliding glass door balcony and a great view of U.S. Capitol building and Nationals Park. This unit has a recently remodeled kitchen and bathroom, plus new hardwood floors and an AC unit. It comes with extra storage space in the building, as well as a pool, fitness center, and 24-hour concierge. 800 4th St. SW is in the heart of the Southwest Waterfront neighborhood and is one block from the Waterfront Metro, close to the Wharf development, and soon-to-be-built soccer stadium. You can walk to Safeway, CVS, Starbucks, Nationals Park, the Capitol, and much more soon! 800 4th St. SW #S-815 is listed at…

We’ve been watching The Wharf project here at Capital Park Realty for some time now. Check out this blog, and this one, from back when the project first broke ground more than two years ago. The $2 billion, 27-acre construction project down on the Southwest Waterfront currently looks like a big hole in the ground along the Washington Channel, but Phase I is still on pace to be completed in the fall of 2017. If you head down there, you will see more than a dozen cranes at work in the area. The first residential building, which is technically not part of The Wharf but located at the south end of it, is 525 Water, which is scheduled to open in 2016. VIO will be the first official Wharf residential building and will open in 2017. There seem to be updates…

VIO will be the second residential building to be completed along the Southwest Waterfront and the first one that is actually a part of the construction project “The Wharf.” It is set to open in the fall of 2017 and development is already underway. VIO means “I Journey” in Latin, and developers PN Hoffman, Handel Architects, and WG Architects plan to use that phrase in making you feel like you are living in a resort-like destination. The building will consist of 112 units over 12 floors. There will be a saltwater infinity pool on the roof with great views of the Washington Channel, Potomac River, and downtown DC. Most units will come with a garaged parking space and balconies with views of the waterfront. Select condominiums will also have private…

525 Water Street SW will be one of the first new residential buildings to open along the Southwest Waterfront, next to the massive project known as “The Wharf.” Developed by PN Hoffman, it will feature 108 condominiums on four floors ranging from studios to 3-bedroom units with various floor plans. Prices will start around $400k for the studios and go up to $1 million for the largest condos. The street level will be retail and a courtyard in the center of the building will be an integral part of the complex. There will also be a 3.5 acre park next to 525 Water along the Washington Channel. 525 Water is scheduled to open in the summer of 2016 and is opening its sales office for pre-sales tomorrow, Saturday September 19th. You must be present that day to…

Spring in the Nation’s Capital brings two certainties: cherry blossoms and more listings showing up on the real estate market. It has been quite the seller’s market over the winter, with a high demand and low supply of properties in the DC area. The sales price to original asking price is close to 100% right now. While we don’t foresee it turning into a buyer’s market anytime soon, there will be more listings coming available throughout the spring and summer.

Most well priced listings are seeing multiple offers. More often than not, the winning offer is above the seller’s asking price with very few, if any, contingencies. It’s commonplace in DC for purchasers to accept the property “as-is,” and many buyers are choosing to waive any financing,…

Southwest Waterfront construction will begin soon since the Phase 1 Planned Unit Development (PUD) of the Wharf project was unanimously approved by the District’s Zoning Commission.

The approval includes 1.5 million square feet of residential, hotel, office and retail space, as well as three piers, various open spaces, thoroughfares, and a waterfront park spanning three acres. These areas of development are located in Parcels 2, 3, 4, and 11. Parcel 2 will house a Combined Heating and Power (CHP) facility in addition to residential and retail space, as well as a cultural and entertainment venue. Parcel 3a will incorporate a commercial office building with ground floor retail. Parcel 3b will also have ground floor retail with the InterContinental Hotel…

Southwest Waterfront development is taking shape as part of DC’s Anacostia Waterfront Initiative.  This new mixed-use development, called the Wharf, will span 27 acres of land and 24 acres of water from the northern landmark of the Maine Avenue Fish Market to the southern point of Fort McNair.  This swath of land has remained largely untouched since the infamous Urban Renewal 50 years ago. 

The Wharf aims to change the waterfront to include cafes, restaurants, homes, office space, hotels, retail, and public spaces.  Those public spaces will include waterfront parks, promenades, piers, and docks.

The first phase of development along the Southwest Waterfront includes 3 apartment buildings, a cultural venue, a condo building, a co-generation power…