Rare sweat-equity opportunity in an unbeatable Reston location! Priced well below assessed value, this 3-level end-unit townhome offers tremendous potential for investors, renovators, or buyers looking to build instant equity. Featuring 3 bedrooms, 1 full bath, and 2 powder rooms, the home offers generous room sizes, abundant natural light, and a functional layout ready for your vision. The newly renovated full bath is already complete, while the kitchen awaits your personal touch. The lower level features a spacious recreation room with a cozy wood-burning fireplace, powder room, and an enormous storage area rarely found in townhomes. Enjoy peaceful views as the home backs to open space, providing exceptional privacy, along with a rear paver patio and storage shed. Located in a small enclave of townhomes with one assigned parking space and plentiful visitor parking, you'll love the convenience of being just minutes from the Reston Metro Station and Wegmans. South Lakes Shopping Center is within walking distance and offers Safeway, Starbucks, CVS, local restaurants, fitness options, and everyday conveniences. Reston Town Center is just a short drive away, featuring premier dining, shopping, entertainment, seasonal events, and outdoor gathering spaces. Commuters will appreciate easy access to the Dulles Toll Road (Route 267), I-66, and Dulles International Airport just 10 minutes away. This is a fantastic opportunity to create your dream home in one of Northern Virginia's most sought-after communities. Property requires extensive rehabilitation and is being sold as-is. Due to condition, the home will not qualify for FHA or VA financing.
For sale
$489,000
11550 Ivy Bush Ct, Reston, VA 20191
3beds
1,520sqft
Townhouse
Built in 1982
1,890 Square Feet Lot
$484,400 Zestimate®
$322/sqft
$137/mo HOA
What's special
Cozy wood-burning fireplaceGenerous room sizesRear paver patioStorage shedFunctional layoutExceptional privacySpacious recreation room
- 6 days |
- 1,155 |
- 54 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nikki Lagouros 910-382-0029,
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: VAFX2320902
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Game Room
Game room
- Features: Flooring - Carpet, Fireplace - Wood Burning
- Level: Lower
- Area: 216 Square Feet
- Dimensions: 12 X 18
Heating
- Heat Pump, Electric
Cooling
- Central Air, Heat Pump, Electric
Appliances
- Included: Dishwasher, Dryer, Washer, Cooktop, Refrigerator, Microwave, Electric Water Heater
- Laundry: In Basement, Dryer In Unit, Washer In Unit
Features
- Doors: Sliding Glass
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Mantel(s)
Interior area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
- Finished area above ground: 1,220
- Finished area below ground: 300
Property
Parking
- Parking features: Assigned, Parking Lot
- Details: Assigned Parking, Assigned Space #: 8
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Patio
- Exterior features: Sidewalks
- Pool features: Community
- Fencing: Partial
- Has view: Yes
- View description: Garden
Lot
- Size: 1,890 Square Feet
- Features: Backs - Open Common Area
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0262 101B0044
- Zoning: 372
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Aluminum Siding
- Foundation: Slab
Condition
- Fixer
- New construction: No
- Year built: 1982
Details
- Builder model: FAIRFIELD END UNIT
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Reston
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Jogging Path, Pool, Tennis Court(s), Tot Lots/Playground, Common Grounds, Baseball Field, Lake, Soccer Field, Volleyball Courts, Water/Lake Privileges
- Services included: Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
- HOA fee: $410 quarterly
Location
- Region: Reston
Financial & listing details
- Price per square foot: $322/sqft
- Tax assessed value: $568,800
- Annual tax amount: $6,829
- Date on market: 6/18/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$484,400
$460,000 - $509,000
$3,011/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $489,000+43.4%$322/sqft |
Source:  Bright MLS #VAFX2320902 Report a problem | ||
| 1/1/2015 | Sold | $341,000$224/sqft |
Source:  Long & Foster Broker Feed #VAFX290760_100 Report a problem | ||
| 7/28/2005 | Sold | $341,000$224/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,242 +9% | $518,830 +9.2% |
| 2024 | $5,729 +10.1% | $475,210 +7.3% |
| 2023 | $5,205 +5.2% | $442,800 +6.5% |
| 2022 | $4,949 | $415,680 +3.5% |
| 2021 | -- | $401,760 +11.8% |
| 2020 | $4,420 +2% | $359,230 +2% |
| 2019 | $4,332 +6.8% | $352,070 +6.8% |
| 2018 | $4,057 -1.8% | $329,700 -3.6% |
| 2017 | $4,131 +0.2% | $341,950 |
| 2016 | $4,122 +10.4% | $341,950 +6.5% |
| 2015 | $3,735 -7.7% | $321,130 -7.9% |
| 2014 | $4,048 | $348,830 +14.6% |
| 2013 | -- | $304,510 +8.9% |
| 2012 | -- | $279,740 -5.8% |
| 2011 | -- | $297,110 +5.6% |
| 2010 | -- | $281,270 -13.5% |
| 2009 | -- | $325,050 -0.9% |
| 2008 | -- | $327,840 -3.5% |
| 2007 | -- | $339,810 +86.2% |
| 2003 | -- | $182,530 +12% |
| 2002 | -- | $162,975 +23% |
| 2001 | -- | $132,545 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: South Lakes Dr - Soapstone Dr
Nearby schools
GreatSchools rating
- 7/10Terraset Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 7/10Hughes Middle SchoolGrades: 7-8Distance: 0.4 mi
- 4/10South Lakes High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- High: South Lakes
- District: Fairfax County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Fairfax County
- Reston
- 20191
- South Lakes Dr - Soapstone Dr
- 11550 Ivy Bush Ct
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