The Waterview | Market Pulse | August 2018

Located by the river’s edge in Arlington is a complex offering rarefied upscale living. The Le Meridian Hotel forms the basis of the experience with The Waterview condominium occupying floors 14 through 30.  From full-service amenities to some of the most spectacular views in the region, this is the epitome of “Life At The Top.”

Actually buying in can be a challenge, however—there are only four active listings as of this writing and no new entries in August.

The most recent actives to come on the market were both in July. Unit #2107 was listed for $875,000 with 2-bedrooms, 2.5 baths, views of Georgetown and 1,232 square feet of living space, translating to $710 per square foot. Unit #1603 listed on July 31 for $774,000 with 2-beds, 2-baths and 1,077 square feet.

There are no condos currently under contract but there have been some recent sales. Unit #1804 with 1-bed, 1-bath and 570 square feet listed on July 17 for $524,900 and closed August 1 at $482,000—just 38 days on market. Unit #2205 is a 1-bed, 1-bath residence with 660 square feet that listed for $555,000 and closed at $525,000 on July 31 with a price-per-square-foot of $795. The highest-priced sale this year was #2701 with 3-bedrooms, 3-baths and 2,165 feet of space. The unit listed for $2,125,000 and closed for an even $2 million which is 94% of its asking price.

Designed by Pei Cobb Freed & Partners, The Waterview has won numerous awards and accolades.

LifeAtTheTop.com

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