Penrose Homes For Sale, Arlington VA

Penrose is a neighborhood in South Arlington, and is located toward the eastern end of the Columbia Pike Corridor. It’s a place with a lot of history but it is still evolving, with antique homes for sale side-by-side with new condos and townhouses.

The community is bound by Arlington Boulevard on its northern side, Washington Boulevard to the east, the Pike along the southern edge and both Walter Reed Drive and S. Fillmore Street to the west. Surrounding neighborhoods include Arlington Village, Arlington Heights and Lyon Park. It’s also fairly close to the Rosslyn-Ballston Corridor.

Start browsing Penrose homes for sale in Arlington VA below. To schedule a showing or for more information about other Arlington VA real estate that’s currently on the market, contact our local real estate experts today at (202) 798-3600!

Search MLS Listings at Penrose Subdivision

All Listings $800,000 - $900,000 $900,000 - $1,000,000
Over $1,000,000
2516 1st Rd S, ARLINGTON
  • Residential
  • 9 Beds
  • 9 Baths
  • 4,452 SqFt

2516 1st Rd S, ARLINGTON

$1,800,000
2711 1st St S, ARLINGTON
  • Residential
  • 5 Beds
  • 5 Baths
  • 4,185 SqFt

2711 1st St S, ARLINGTON

$1,300,000
2707 1st St S, ARLINGTON
  • Residential
  • 5 Beds
  • 5 Baths
  • 4,185 SqFt

2707 1st St S, ARLINGTON

$1,300,000
718 S Barton St, ARLINGTON
  • Residential
  • 2 Beds
  • 1 Baths
  • 918 SqFt

718 S Barton St, ARLINGTON

$925,000
2813 2nd St S, ARLINGTON
  • Residential
  • 3 Beds
  • 3 Baths
  • 2,880 SqFt

2813 2nd St S, ARLINGTON

$839,999 ↓ $29,901

Penrose dates back to early colonial land grants in the 1700s, and was later platted for residential development in 1882 by Henry Louis Holmes and William H. Butler, both leaders in the African American community in the DC area. At that time, the neighborhood was still known as Central Arlington. The arrival of a local streetcar line helped boost the construction of homes for sale in the early 1900s. Home building continued up to the early 1940s, and by that time, also included a number of brick Colonial Revival-style apartment buildings. Those buildings, originally intended to house World War II workers, have largely converted to condos for sale in the modern era.

Original architectural styles in Penrose include Queen Anne and other Victorian subsets, original Craftsman bungalows, mid-century Ramblers, duplexes and brick cottages, and more recent upscale construction from Arts & Crafts homes to luxury townhouses. Real Estate prices here tend to have a fairly wide range, from the low six figures to over a million dollars.

The Columbia Pike Corridor in general suffered a slow decline during the 1970s and 1980s, before beginning a lengthy revitalization process that is still ongoing. Plans for a new electric streetcar line eventually fell through, but that hasn’t kept county and local business leaders from encouraging new retail, restaurants, commercial development and community involvement.

Today, Penrose enjoys historic district status and has seen a robust growth in property values. Among the amenities is the popular Alamo Cinema ‘N’ Drafthouse, housed in a historic theater that is over 70 years old. Locals also enjoy the proximity to restaurants and retail along Wilson and Clarendon Boulevards to the north, as well as in communities such as Pentagon City and Crystal City to the south.

Metropolitan Regional Information System LogoThe listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than COMPASS are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2020.

Listing information last updated on January 29th, 2020 at 4:01pm EST.

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