What Does $500,000 Buy You in Arlington?

I had a conversation with another agent yesterday about a recent call she got. The out of town buyer was looking for a single family home, with at least 2 bedroom and 1 bath in North Arlington with a garage for under $350,000.

How do politely tell someone – not gonna happen?

In North Arlington, the cheapest home currently on the market is in Highview Park (22207) listed for $425,000.
In South Arlington, the cheapest home currently on the market is in Columbia Forest (22204) listed for $379,000.

So let’s see what $500,000 buys you:

Along the Orange Line, meaning within a 1 mile radius of a metro (Rosslyn, Courthouse, Clarendon, VA Square, Ballston, East Falls Church):

1800 Wilson Blvd Unit 115

2 Bedroom or 1 Bedroom with Den, 1 Bathroom
~900 sq ft
1 Parking Space
Built in 2007

The Belvedere, 1600 Oak St N

2 Bedroom, 2 Bathroom
~1,185 sq ft
1 Parking Space
Built in 1986

A Duplex Style Home
6909 Little Falls Rd, Arlington
2 Bedroom, 2 Bathroom
~936 sq ft
Built in 1948
(No condo or HOA monthly fee)

A Single Family Home
805 Florida St N, Arlington
3 Bedrooms, 1 Bathroom
~1,300 sq ft
Built in 1950

Along the Blue Line, meaning within a 1 mile radius of a metro (Arlington National, Pentagon, Pentagon City, Crystal City):

1300 Crystal Drive, Unit 610S
2 Bedroom, 2 Bathroom
~1,516 sq ft
Built in 1981

Townhome
924 Rolfe St S, Arlington
3 Bedroom, 2.5 Bath
~1,584 sq ft
Built in 1987
1 Car Garage

Now obviously the farther away from a metro you go, the more options you’ll have. To see a list of everything for sale under $500k in Arlington, click here.