Kalorama Real Estate, Washington DC
If you’re looking for the most expensive real estate for sale in Washington, DC, come to Kalorama. This neighborhood features a stunning array of massive mansions, beautiful row houses and grand old apartment buildings that have been renovated and converted to condos for sale. And with an average price tag of $2.5 million you’ll be hard-pressed to find a fancier real estate marketplace.
But don’t be discouraged if you’re not swimming in cash. You can actually find condos for sale in Kalorama to fit almost any budget. In fact, studio and one-bedroom units start at around $200,000. List prices climb steadily from there and just don’t seem to stop—currently topping out around $22 million. That’s quite a range and in fact, there’s a historical precedent for the disparity. For more information about Kalorama real estate for sale, contact District Partners at Compass today, at (202) 798-3600.
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Kalorama Neighborhood Information
Kalorama was the name of a palatial estate surrounded by natural splendor, built in the late 1700s. It wasn’t until the 1880s that the area now known as the Kalorama Triangle was subdivided. The construction of bridges and arrival of streetcar lines circa 1900 brought a development boom lasting mainly until 1931. Architecture tended toward either middle-class dwellings or high-style variations of trends like English Arts and Crafts, Georgian Revival and Mediterranean.
Kalorama Real Estate at a Glance - Washington DC
How does that translate to modern home buyers? Simply put, condos for sale in former apartment buildings cost less while crazy old mansions that were designed for Washington’s elite prior to the Great Depression cost more. Row houses, originally built as affordable worker dwellings, now fall somewhere in the middle with prices generally determined by square footage.
Kalorama’s neighbors include Columbia Heights to the north, Adams Morgan to the east, Dupont Circle to the south and Massachusetts Avenue’s Embassy Row to the west. Also, Rock Creek Park wraps around the western side. The average real estate prices here can be greatly affected by particular high-end listings. But suffice to say, browsing homes for sale in this centrally located urban neighborhood is a lot of fun.
Amenities & Things To Do in Kalorama
There’s not a lot of retail businesses within the neighborhood’s actual borders but there’s plenty of walkable options in nearby Adams Morgan. Mornings often start with joggers doing their soul-searching runs before heading to the Hill, or moms pushing strollers or accompanying their nannies who are doing the actual stroller-pushing. Who knows, you may even meet a former president -- Barack Obama and his family moved here after he left office.