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Colonial Village was built between 1935 and 1940 and was one of the first garden-style apartment complexes in the United States and the first large-scale rental housing project to be financed by a mortgage issue by the Federal Housing Administration. Designed in the Colonial Revival style, the community became the prototype for most of the garden area apartments in the Washington area during the 1930s and 1940s. The concept was so popular that 15,000 applications were received for the first 276 units. According to a long-time resident, “Young brides in Washington set their marriage dates by (when) their applications for an apartment in the village (were accepted).”
Originally, the complex consisted of 24 freestanding clusters of buildings containing 1,059 units. In the early 1980s, it was redeveloped and divided into three condominiums (Colonial Villages I, II and III), a cooperative (The Commons), and two rental properties. Colonial Village is listed in the National Register of Historic Places.
Colonial Village is just a very short distance to the Court House Metro, the Clarenden, Court House and Roslyn neighborhoods, and is in close proximity to the Key Bridge with quick access into Georgetown and DC. The neighborhood has access to a variety of restaurants, grocery stores (Giant and Harris Teeter), services, schools and nightlife. The buildings feature courtyards that were designed as a park within a park and offer a variety of walkways and landscaping including magnolia trees that flower in late spring and early summer.
According to city-data.com, Colonial Village has 2,431 residents (47% male; 53% female). The median age of residents is 31.5 and the average household size is 1.5 people. 14.7% of the population is married vs. 35.3% in Arlington and 2.5% of its households has children vs. 14.8% in Arlington. Property Prices According to Redfin, there are currently 7 condos on the market ranging from a low of $278,500 for a 1 bdrm, 1 bath condo with 675 sq ft to $423,750 for a 2 bdrm, 2 bath with 1,000 sq ft to a high of $610k for a 2 bdrm, 2.5 bath unit that is 1,500 sq ft. The average list price for a condo is $367,500, average unit is 946 sq ft and properties are on the market for an average of 55 days.
Ready to start your search for a Colonial Village home?
Are you getting ready to sell your Colonial Village home? As a long-time Arlington resident, I can help you best highlight all the positives of living here! For a free pricing analysis and comprehensive marketing plan, contact me or visit my Sellers Resource Center.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.