Georgetown Real Estate, Washington DC
Georgetown has long reigned as Washington, DC’s most famous neighborhood, as well as one of the priciest. The fact that real estate for sale in Georgetown has an average list price of $1.2 million is even more remarkable when you consider that a reported 80 percent of all properties are actually condos! Adding to the allure is the waterfront location, an endless array of shops, restaurants and red-hot nightspots, as well as Georgetown University’s recent naming in College Magazine as the “tenth most hipster university.”
The lopsided number of condos for sale in Georgetown should be taken with a grain of salt. First, row houses—of which there are plenty in Georgetown—are normally qualified as multifamily dwellings in real estate terminology. Also, you can fit a whole lot of residential units in a high-rise building. As for as detached single-family homes for sale, yes they do exist—like a Federal-style nine-bedroom mansion built in 1798 that recently listed for $11 million. Ready to whip out your checkbook? Check out Georgetown real estate listings below, or give District Partners at Compass a call today for more information about all Washington DC real estate for sale.
Georgetown Real Estate For Sale
- All Listings
- $300,000 - $400,000
- $400,000 - $500,000
- $500,000 - $600,000
- $700,000 - $800,000
- $800,000 - $900,000
- $900,000 - $1,000,000
- Over $1,000,000
Georgetown Neighborhood Information
First established in 1751 as a shipping port for tobacco, Georgetown has some of the oldest homes for sale in the entire metropolitan area. Common architectural styles you'll find associated with Georgetown real estate include include Georgian, Federal, Victorian, Classical Revival and Queen Anne. The Old Stone House built in 1765 is the oldest unchanged building in the District, and many other historic buildings serve as landmarks, offices or diplomatic missions. Among the foreign embassies in the neighborhood are France, Sweden, Thailand, Ukraine and Cameroon. Surrounding neighborhoods include the Palisades to the north and Foggy Bottom to the south.
Georgetown Real Estate at a Glance - Washington DC
Despite the neighborhood’s proclivity for expensive properties, condos for sale start off at around $300,000 for studio and one-bedroom units. There’s also a thriving rental market which is always welcome news for students at GU. Also, living in Georgetown doesn’t mean you have to live in an antique home—there’s a number of contemporary buildings as well as recently built retro-looking townhouses, such as Wormley Row.
Frequently Asked Questions
Q: Is Georgetown the oldest neighborhood in Washington, DC?
A: Georgetown is often referred to as Washington’s oldest neighborhood, as it existed prior to the formation of the District of Columbia. Founded in 1751 and incorporated in 1789, it was originally considered part of Maryland. It is also the oldest historic district in DC.
Q: Is Georgetown the most expensive neighborhood in Washington when it comes to homes for sale?
A: Although certainly known for high-priced real estate, Georgetown is not Washington’s most expensive neighborhood as of this writing. Communities such as Woodley Park, Kent, Spring Valley, and Berkley all have higher average prices, due in no small part to a greater percentage of detached single-family homes in those areas.
Q: What are some of the fun things to do in Georgetown?
A: The historic port neighborhood along the Potomac River is known for its upscale shopping and dining scene, as well as walking tours and quaint cobblestone streets. Georgetown Waterfront Park was recently renovated. The C&O Canal with its old towpath and hiking/bicycling trails is also popular with outdoor enthusiasts.
Q: How far is Georgetown from the downtown Washington area?
A: The distance is approximately two miles, depending on where your specific starting and ending points are. For instance, the distance from popular Farmers Fishers Bakers restaurant in Georgetown to the White House in downtown DC is about 1.4 miles.
Georgetown: A Special Place to Live
So that’s Georgetown—famous politicians, hipster students, upscale shopaholics and amazing homes and condos for sale. Add lovely parks, a Whole Foods and a Trader Joe’s, the only 24-hour Starbucks in the District and great restaurants like 1789, Miss Saigon, Kintaro, Kate Leopold’s and Bourbon Steak, and you’re just beginning to scratch the surface of what makes this venerable DC community so appealing.