Prime 1.39-Acre Residential Development Opportunity in Alexandria! A rare find in the heart of Fairfax County, this expansive 1.4-acre double-lot assemblage (consisting of 3509 and 3505 Franconia Rd) offers unparalleled potential for builders, developers, or investors looking to capitalize on low Northern Virginia inventory. Development Potential: * By-Right Potential: Zoned R-2, the property currently allows for detached single-family dwellings. With 60,000+ square feet of land, a subdivision into multiple premium lots is a high-value path. * Density Play: Strategically located near existing high-density and townhouse communities. Initial feasibility studies suggest the possibility of a larger townhouse footprint (up to 21 units) with a successful rezoning application. * Value-Add Strategy: "Build three, sell two—live for free!" Or, develop a private luxury enclave minutes from the city. Utilities & Site Features: * Ready to Build: Electric, natural gas, public water, and public sewer are all available at the property. * Land Value Only: An existing structure remains on the property but is not habitable and conveys strictly AS-IS. The value is entirely in the land and the location. * Topography: Relatively level and manageable acreage, making it an "easy build" compared to more rugged NoVa lots. Unbeatable Location: Positioned along the high-visibility Franconia Road corridor, this site offers immediate access to I-495/395/95. Commuters are minutes from the Franconia-Springfield Metro, Old Town Alexandria, and Kingstowne Center. Enjoy close proximity to top-tier Fairfax County schools, shopping, and dining. Take advantage of this rare opportunity to secure significant acreage in one of the most sought-after zip codes in the DC Metro area. Assemblage includes Tax IDs: 0822 01 0046 and 0822 01 0046A.
Lot/land
$1,999,999
3509 & 3505 Franconia Rd, Alexandria, VA 22310
--beds
--baths
1.39Acres
Unimproved Land
Built in ----
1.39 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1166 days |
- 80 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Colin Concannon 703-728-4651,
LBT Residential Real Estate LLC
Source: Bright MLS,MLS#: VAFX2123436
Facts & features
Property
Lot
- Size: 1.39 Acres
Details
- Additional parcels included: Sale includes both lots 46 and 46A for the total of 1.39 acres. Lot 46 Tax ID = 0822 01 0046
- Parcel number: 0822 01 0046A
- Zoning: 120
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Alexandria
Financial & listing details
- Tax assessed value: $715,880
- Annual tax amount: $8,293
- Date on market: 4/24/2023
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,904/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Price change | $1,999,999+17.7% |
Source: | ||
| 9/5/2024 | Price change | $1,699,900+30.8% |
Source: | ||
| 1/8/2024 | Listed for sale | $1,299,900 |
Source: | ||
| 1/1/2024 | Listing removed | -- |
Source: | ||
| 4/24/2023 | Listed for sale | $1,299,900+7% |
Source: | ||
| 9/18/2020 | Listing removed | $1,215,000 |
Source: LBT Residential Real Estate LLC #VAFX1136698 Report a problem | ||
| 9/14/2020 | Price change | $1,215,000+0.2% |
Source: LBT Residential Real Estate LLC #VAFX1136698 Report a problem | ||
| 8/31/2020 | Price change | $1,212,500+0.2% |
Source: LBT Residential Real Estate LLC #VAFX1136698 Report a problem | ||
| 8/17/2020 | Price change | $1,210,000+0.4% |
Source: LBT Residential Real Estate LLC #VAFX1136698 Report a problem | ||
| 8/3/2020 | Price change | $1,205,000+0.2% |
Source: LBT Residential Real Estate LLC #VAFX1136698 Report a problem | ||
| 7/27/2020 | Price change | $1,202,500+0.2% |
Source: LBT Residential Real Estate LLC #VAFX1136698 Report a problem | ||
| 6/23/2020 | Listed for sale | $1,200,000 |
Source: LBT Residential Real Estate LLC #VAFX1136698 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Rose Hill
Nearby schools
GreatSchools rating
- 9/10Clermont Elementary SchoolGrades: PK-6Distance: 1 mi
- 7/10Twain Middle SchoolGrades: 7-8Distance: 1.1 mi
- 4/10Edison High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- 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
- Alexandria
- 22310
- Rose Hill
- 3509 & 3505 Franconia Rd






