PRICE ADJUSTMENT! Luxury 2BR Condo in Potomac Yard with TWO Assigned Garage Spaces—Effortless City Living in Alexandria. Exceptional Value in Potomac Yard! Experience refined, low-maintenance living in this beautifully updated 2-bedroom, 2-bath luxury condo located in the heart of Alexandria’s vibrant Potomac Yard community. With a recent price adjustment, this is an incredible opportunity to own a stylish urban retreat offering the perfect blend of comfort, convenience, and sophistication. Step inside to discover a bright, open-concept layout filled with natural light, spacious living and dining areas, floor-to-ceiling slate fireplace and a contemporary kitchen designed for both effortless entertaining and everyday living. The thoughtfully designed floor plan offers two generously sized bedrooms, each paired with well-appointed bathrooms to create a private, retreat-like atmosphere. A standout feature of this home is the inclusion of TWO assigned garage parking spaces—a rare and highly coveted amenity in Alexandria—providing unmatched convenience and added value. Ideally situated near shopping, dining, parks, Metro access, and commuter routes, this home delivers the ultimate lock-and-leave lifestyle in one of Alexandria’s most desirable communities. Luxury, location, and a newly adjusted price make this condo an opportunity you won’t want to miss.
Pending
Price cut: $14K (5/14)
$566,000
181 E Reed Ave APT 411, Alexandria, VA 22305
2beds
1,263sqft
Condominium
Built in 2003
-- sqft lot
$562,500 Zestimate®
$448/sqft
$939/mo HOA
What's special
Beautifully updatedTwo generously sized bedroomsWell-appointed bathroomsFloor-to-ceiling slate fireplace
- 95 days |
- 43 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Sherri Foster 703-472-1818,
Pearson Smith Realty, LLC
Source: Bright MLS,MLS#: VAAX2055602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Bathroom 1
- Level: Main
Bathroom 2
- Level: Main
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Open Floorplan, Kitchen Island
- Flooring: Wood
- Windows: Window Treatments
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Corner, Glass Doors, Screen, Stone, Gas/Propane
Interior area
- Total structure area: 1,263
- Total interior livable area: 1,263 sqft
- Finished area above ground: 1,263
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Basement, Assigned, Garage
- Attached garage spaces: 2
- Details: Assigned Parking, Assigned Space #: 85, 99
Accessibility
- Accessibility features: Accessible Elevator Installed, No Stairs
Features
- Levels: One
- Stories: 1
- Patio & porch: Brick, Roof Deck
- Exterior features: Storage, Sidewalks, Balcony
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 50703850
- Zoning: CRMU/M
- Special conditions: Standard
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick Veneer
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Community
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Main Entrance Lock, Security Gate
- Condo and coop fee: $939 monthly
- Subdivision: Preston
HOA
- Has HOA: No
- Amenities included: Common Grounds, Elevator(s), Storage, Fitness Center, Meeting Room, Security
- Services included: Common Area Maintenance, Security, Sewer, Snow Removal, Water, Trash
- HOA name: The Preston
Location
- Region: Alexandria
Financial & listing details
- Price per square foot: $448/sqft
- Tax assessed value: $645,051
- Annual tax amount: $7,321
- Date on market: 3/26/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Condominium
Estimated market value
$562,500
$534,000 - $591,000
$3,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2026 | Pending sale | $566,000$448/sqft |
Source:  Bright MLS #VAAX2055602 Report a problem | ||
| 5/14/2026 | Price change | $566,000-2.4%$448/sqft |
Source: Bright MLS #VAAX2055602 Report a problem | ||
| 3/31/2026 | Price change | $580,000-3.2%$459/sqft |
Source: Bright MLS #VAAX2055602 Report a problem | ||
| 3/26/2026 | Listed for sale | $599,000-4.2%$474/sqft |
Source: Bright MLS #VAAX2055602 Report a problem | ||
| 3/23/2026 | Listing removed | $625,000$495/sqft |
Source: Bright MLS #VAAX2051532 Report a problem | ||
| 2/19/2026 | Price change | $625,000-0.8%$495/sqft |
Source: Bright MLS #VAAX2051532 Report a problem | ||
| 12/5/2025 | Listed for sale | $630,000+11.3%$499/sqft |
Source: Bright MLS #VAAX2051532 Report a problem | ||
| 3/2/2023 | Sold | $566,000+1.3%$448/sqft |
Source: Bright MLS #VAAX2019140 Report a problem | ||
| 2/23/2023 | Pending sale | $559,000$443/sqft |
Source: Bright MLS #VAAX2019140 Report a problem | ||
| 2/10/2023 | Contingent | $559,000$443/sqft |
Source: Bright MLS #VAAX2019140 Report a problem | ||
| 2/7/2023 | Price change | $559,000-3.5%$443/sqft |
Source: Bright MLS #VAAX2019140 Report a problem | ||
| 1/19/2023 | Listed for sale | $579,000-1%$458/sqft |
Source: Bright MLS #VAAX2019140 Report a problem | ||
| 11/7/2022 | Listing removed | $585,000$463/sqft |
Source: Bright MLS #VAAX2017204 Report a problem | ||
| 10/26/2022 | Price change | $585,000-3.3%$463/sqft |
Source: Bright MLS #VAAX2017204 Report a problem | ||
| 10/10/2022 | Price change | $605,000-3.2%$479/sqft |
Source: Bright MLS #VAAX2017204 Report a problem | ||
| 9/23/2022 | Listed for sale | $625,000+50.6%$495/sqft |
Source: Bright MLS #VAAX2017204 Report a problem | ||
| 11/25/2009 | Sold | $415,000-4.6%$329/sqft |
Source: Public Record Report a problem | ||
| 5/8/2007 | Sold | $435,000+7.7%$344/sqft |
Source: Public Record Report a problem | ||
| 2/14/2005 | Sold | $403,850$320/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $7,321 +3% | $645,051 +3% |
| 2025 | $7,110 | $626,395 |
| 2024 | $7,110 +2.3% | $626,395 |
| 2023 | $6,953 +4.4% | $626,395 +4.4% |
| 2022 | $6,661 +4.4% | $600,097 +5.6% |
| 2021 | $6,379 | $568,492 +3.7% |
| 2020 | -- | $548,397 +6.3% |
| 2019 | -- | $515,750 +8.7% |
| 2018 | $4,412 -13.4% | $474,602 -4.7% |
| 2017 | $5,097 | $497,760 +1.9% |
| 2016 | $5,097 +10.4% | $488,679 +10.4% |
| 2015 | $4,617 -7.5% | $442,620 -7.5% |
| 2014 | $4,990 +15.4% | $478,461 +8.2% |
| 2013 | $4,323 | $442,071 |
| 2012 | $4,323 | $442,071 |
| 2011 | $4,323 | $442,071 |
| 2010 | $4,323 +3.3% | $442,071 -4.6% |
| 2009 | $4,186 +4.4% | $463,517 -2.3% |
| 2008 | $4,008 -0.8% | $474,274 -2.6% |
| 2007 | $4,042 -17.4% | $486,980 -18.9% |
| 2006 | $4,891 -16% | $600,100 +10.3% |
| 2005 | $5,823 | $544,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Potomac West
Nearby schools
GreatSchools rating
- 2/10Cora Kelly School for Math Science and TechnologyGrades: PK-5Distance: 0.3 mi
- 4/10George Washington Middle SchoolGrades: 6-8Distance: 1.4 mi
- 2/10Alexandria City High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: Alexandria City 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
- Alexandria City
- Alexandria
- 22305
- Potomac West
- 181 E Reed Ave Apartment 411
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