New listing in cleveland park!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here’s another new listing in the area. https://redf.in/Zhmpe9

Maybe a bit more like the one on 34th street in terms of neighborhood, but seems like a nice traditional house on a nicer, quieter street than 34th. But is $2.7M really the going rate for this type of house now?!?

This one is under contact already anyway. Wow! That was fast…

This is what the market is like in Cleveland Park and Woodley Park. A beautiful home in a nice location goes immediately and at a surreal price. This house has a large unfinished basement and garage, which aren't listed in the size and contribute to the value. The only significant minuses I see are limited backyard space (because the house is set back in the lot) and good-but-not-great walkability (about 15 minutes to the Woodley Park strip and that's it).

Right. It isn’t far from Cathedral Commons either, but you’re not going to want to walk it for your weekly grocery run. I’m surprised there’s no talk about putting a large grocery store (along with apartments) at the Marriott Wardman Park site. Woodley/CP could use it (especially if they’re really thinking about adding 900 apartments).

There's been a lot of vocal community interest in this! Unfortunately, the Wardman site developer (Carmel Partners) has repeatedly refused. They also haven't budged on other possible priorities, like more green space amenities for the neighborhood or more affordable housing. They have the zoning rights to build profitable apartments, so that's what they're going to do. It's a once-in-a-generation missed opportunity for Woodley Park. Also a testament to DC's incompetent urban planning... simultaneously all this talk about walkable neighborhoods and affordable housing (especially in Ward 3), then barely a peep when the opportunity comes up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here’s another new listing in the area. https://redf.in/Zhmpe9

Maybe a bit more like the one on 34th street in terms of neighborhood, but seems like a nice traditional house on a nicer, quieter street than 34th. But is $2.7M really the going rate for this type of house now?!?

This one is under contact already anyway. Wow! That was fast…

This is what the market is like in Cleveland Park and Woodley Park. A beautiful home in a nice location goes immediately and at a surreal price. This house has a large unfinished basement and garage, which aren't listed in the size and contribute to the value. The only significant minuses I see are limited backyard space (because the house is set back in the lot) and good-but-not-great walkability (about 15 minutes to the Woodley Park strip and that's it).

Right. It isn’t far from Cathedral Commons either, but you’re not going to want to walk it for your weekly grocery run. I’m surprised there’s no talk about putting a large grocery store (along with apartments) at the Marriott Wardman Park site. Woodley/CP could use it (especially if they’re really thinking about adding 900 apartments).

There's been a lot of vocal community interest in this! Unfortunately, the Wardman site developer (Carmel Partners) has repeatedly refused. They also haven't budged on other possible priorities, like more green space amenities for the neighborhood or more affordable housing. They have the zoning rights to build profitable apartments, so that's what they're going to do. It's a once-in-a-generation missed opportunity for Woodley Park. Also a testament to DC's incompetent urban planning... simultaneously all this talk about walkable neighborhoods and affordable housing (especially in Ward 3), then barely a peep when the opportunity comes up.

Seems like it would be better for everyone (except the developer I suppose) in terms of housing values, crowding, etc. to do 10-20% affordable units plus a large grocery store/retail. Are they really suggesting no retail? There’s nothing over there to support 900 units - even the Starbucks down the block closed! I suppose this could at least stimulate better development on Connecticut Ave.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here’s another new listing in the area. https://redf.in/Zhmpe9

Maybe a bit more like the one on 34th street in terms of neighborhood, but seems like a nice traditional house on a nicer, quieter street than 34th. But is $2.7M really the going rate for this type of house now?!?

This one is under contact already anyway. Wow! That was fast…

This is what the market is like in Cleveland Park and Woodley Park. A beautiful home in a nice location goes immediately and at a surreal price. This house has a large unfinished basement and garage, which aren't listed in the size and contribute to the value. The only significant minuses I see are limited backyard space (because the house is set back in the lot) and good-but-not-great walkability (about 15 minutes to the Woodley Park strip and that's it).

Right. It isn’t far from Cathedral Commons either, but you’re not going to want to walk it for your weekly grocery run. I’m surprised there’s no talk about putting a large grocery store (along with apartments) at the Marriott Wardman Park site. Woodley/CP could use it (especially if they’re really thinking about adding 900 apartments).

There's been a lot of vocal community interest in this! Unfortunately, the Wardman site developer (Carmel Partners) has repeatedly refused. They also haven't budged on other possible priorities, like more green space amenities for the neighborhood or more affordable housing. They have the zoning rights to build profitable apartments, so that's what they're going to do. It's a once-in-a-generation missed opportunity for Woodley Park. Also a testament to DC's incompetent urban planning... simultaneously all this talk about walkable neighborhoods and affordable housing (especially in Ward 3), then barely a peep when the opportunity comes up.

Seems like it would be better for everyone (except the developer I suppose) in terms of housing values, crowding, etc. to do 10-20% affordable units plus a large grocery store/retail. Are they really suggesting no retail? There’s nothing over there to support 900 units - even the Starbucks down the block closed! I suppose this could at least stimulate better development on Connecticut Ave.

Yep.

https://www.youtube.com/watch?v=Z40xSKukAcA

https://www.youtube.com/watch?v=VBY97T3yXGc

https://www.washingtonpost.com/dc-md-va/2023/02/20/wardman-park-hotel-dc-affordable-housing/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here’s another new listing in the area. https://redf.in/Zhmpe9

Maybe a bit more like the one on 34th street in terms of neighborhood, but seems like a nice traditional house on a nicer, quieter street than 34th. But is $2.7M really the going rate for this type of house now?!?

This one is under contact already anyway. Wow! That was fast…

This is what the market is like in Cleveland Park and Woodley Park. A beautiful home in a nice location goes immediately and at a surreal price. This house has a large unfinished basement and garage, which aren't listed in the size and contribute to the value. The only significant minuses I see are limited backyard space (because the house is set back in the lot) and good-but-not-great walkability (about 15 minutes to the Woodley Park strip and that's it).

Right. It isn’t far from Cathedral Commons either, but you’re not going to want to walk it for your weekly grocery run. I’m surprised there’s no talk about putting a large grocery store (along with apartments) at the Marriott Wardman Park site. Woodley/CP could use it (especially if they’re really thinking about adding 900 apartments).

There's been a lot of vocal community interest in this! Unfortunately, the Wardman site developer (Carmel Partners) has repeatedly refused. They also haven't budged on other possible priorities, like more green space amenities for the neighborhood or more affordable housing. They have the zoning rights to build profitable apartments, so that's what they're going to do. It's a once-in-a-generation missed opportunity for Woodley Park. Also a testament to DC's incompetent urban planning... simultaneously all this talk about walkable neighborhoods and affordable housing (especially in Ward 3), then barely a peep when the opportunity comes up.

Seems like it would be better for everyone (except the developer I suppose) in terms of housing values, crowding, etc. to do 10-20% affordable units plus a large grocery store/retail. Are they really suggesting no retail? There’s nothing over there to support 900 units - even the Starbucks down the block closed! I suppose this could at least stimulate better development on Connecticut Ave.

Yep.

https://www.youtube.com/watch?v=Z40xSKukAcA

https://www.youtube.com/watch?v=VBY97T3yXGc

https://www.washingtonpost.com/dc-md-va/2023/02/20/wardman-park-hotel-dc-affordable-housing/

Terrible Post headline. “atone”? That kind of attitude is going to ensure there is no “atoning”. Whatever you think about affordable housing, luxury rentals seems like a bad and boring use for the area. Why not a Whole Foods, 20% affordable/workforce apartments, some super luxury condos/townhouses, and some market (luxury) rentals? Seems like a better mix and will still make the developer a ton of money.

[Anonymous]

Anonymous wrote:Seems very underpriced.

Which one? The Rodman listing? Looks like it needs a decent amount of work to me. If it’s not under contract by now, what does that mean?

[Anonymous]

So in Upper NW/Upper NW adjacent, we have:
Amazon Fresh in Friendship Heights
Whole Foods in Friendship Heights
Whole Foods in Tenleytown
Wegman's at City Ridge
Giant at Cathedral Commons
Whole Foods in Glover Park
Trader Joe's in Glover Park
Safeway in Glover Park
Giant in Van Ness
A bunch of smaller store's like Rodman's, Magruder's, Yes!, Streets...

How many groceries can this slice of the city possibly need?

[Anonymous]

Anonymous wrote:So in Upper NW/Upper NW adjacent, we have:
Amazon Fresh in Friendship Heights
Whole Foods in Friendship Heights
Whole Foods in Tenleytown
Wegman's at City Ridge
Giant at Cathedral Commons
Whole Foods in Glover Park
Trader Joe's in Glover Park
Safeway in Glover Park
Giant in Van Ness
A bunch of smaller store's like Rodman's, Magruder's, Yes!, Streets...

How many groceries can this slice of the city possibly need?

Agree! Who walks to get weekly groceries anyway? Can you possibly carry that much stuff?

[Anonymous]

I personally don’t want stuff that attracts more riff raff to my neighborhood. I’d rather no one knew where my house is. Especially in todays DC. That will make my property be even more valuable.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Seems very underpriced.

Which one? The Rodman listing? Looks like it needs a decent amount of work to me. If it’s not under contract by now, what does that mean?

I suspect the issue is that it needs serious structural work, but it's not entirely clear how much. That's going to delay offers.

[Anonymous]

Anonymous wrote:So in Upper NW/Upper NW adjacent, we have:
Amazon Fresh in Friendship Heights
Whole Foods in Friendship Heights
Whole Foods in Tenleytown
Wegman's at City Ridge
Giant at Cathedral Commons
Whole Foods in Glover Park
Trader Joe's in Glover Park
Safeway in Glover Park
Giant in Van Ness
A bunch of smaller store's like Rodman's, Magruder's, Yes!, Streets...

How many groceries can this slice of the city possibly need?

The gap is Connecticut Ave between Van Ness and Dupont. We live just a couple blocks from a grocery store, and that's amazingly valuable with small kids.

[Anonymous]

Definitely the mullet of houses: business in the front, party in the back.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So in Upper NW/Upper NW adjacent, we have:
Amazon Fresh in Friendship Heights
Whole Foods in Friendship Heights
Whole Foods in Tenleytown
Wegman's at City Ridge
Giant at Cathedral Commons
Whole Foods in Glover Park
Trader Joe's in Glover Park
Safeway in Glover Park
Giant in Van Ness
A bunch of smaller store's like Rodman's, Magruder's, Yes!, Streets...

How many groceries can this slice of the city possibly need?

The gap is Connecticut Ave between Van Ness and Dupont. We live just a couple blocks from a grocery store, and that's amazingly valuable with small kids.

Yup. And adding thousands to the neighborhood without basic amenities seems short sighted.

On the plus side, I have to think we’ll get some good restaurants.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:5000 sqft lot?!

That’s pretty average yeah?

No!

It’s the lowest sqft for a conforming lot in DC.

It’s typical for Cleveland Park, and most SFH close in to downtown. For most of us it means minimal/no side yard, but a decent sized back deck/patio/garden. Enough to enjoy the outdoors without having much to maintain.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:5000 sqft lot?!

That’s pretty average yeah?

No!

It’s the lowest sqft for a conforming lot in DC.

It’s typical for Cleveland Park, and most SFH close in to downtown. For most of us it means minimal/no side yard, but a decent sized back deck/patio/garden. Enough to enjoy the outdoors without having much to maintain.

My lot is smaller! and I don't care. I have a deck, a parking spot, and a little garden. It's fine. It's 6bed/5.5 bath, you don't need to expand unless you have like 5 kids.

I like this house generally. I think the lower price reflects that you need to redo the kitchen.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:5000 sqft lot?!

That’s pretty average yeah?

No!

It’s the lowest sqft for a conforming lot in DC.

It’s typical for Cleveland Park, and most SFH close in to downtown. For most of us it means minimal/no side yard, but a decent sized back deck/patio/garden. Enough to enjoy the outdoors without having much to maintain.

My lot is smaller! and I don't care. I have a deck, a parking spot, and a little garden. It's fine. It's 6bed/5.5 bath, you don't need to expand unless you have like 5 kids.

I like this house generally. I think the lower price reflects that you need to redo the kitchen.

PP. Just saw that it also reflects structural issues. Yikes