#VAAX2042082, Lisa Dubois-Headley, Listing Office: RE/MAX Distinctive Real Estate, Inc.
704 S Fairfax St Alexandria, VA 22314
Property details
About 704 S Fairfax St
Old Town’s SW Quadrant - Townhouse on Rare Double Lot Offers Endless Possibilities! This elegant 3BR/2.5BA brick townhouse sits on an exceptional oversized double lot (parcels 704 & 702-A) offering unique development potential. Beyond the historic charm and modern updates inside, the additional lot provides prime potential development such as a garage/carrriage house or an accessory dwelling unit (ADU), expanding both living and investment options (subject to restrictions). The home itself is rich in character, featuring hardwood floors, large windows, and two wood-burning fireplaces. The inviting living room leads to a spacious formal dining room with built-ins, while the updated kitchen boasts granite countertops, stainless steel appliances, and French doors opening to an oversized private garden—ideal for entertaining or future expansion. Upstairs, the primary suite includes a Juliet balcony, two large closets, and an ensuite bath, while the second bedroom features built-ins framing a cozy fireplace. A versatile loft level offers flexible space perfect for a third bedroom, home office, or bonus space. The lower level includes a generous laundry room with ample storage. Currently configured with rare off-street parking for two vehicles, this property presents endless possibilities for expansion while maintaining its historic character. Located just blocks from Alexandria's waterfront, shops and restaurants. With easy access to King Street Metro, Reagan National Airport, Washington, DC, and major commuter routes, the location is perfect for commuters. This property is a standout for those looking to invest in Old Town’s charm — with the added benefit of future expansion potential.
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- MLS Number: VAAX2040144
- MLS Name: BRIGHT
- Office Name: RE/MAX Distinctive Real Estate, Inc.
- Office Phone: (703) 821-1842
- Office Email: broker@remaxdistinctive.com
- Listing Agent: Lisa Dubois-Headley
- Agent Phone: (703) 350-9595
- Agent Email: lisa@chrissyandlisa.com
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Last updated on: 3/10/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,695,000
704 S Fairfax St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,168,955 | $13,267 |
2023 | $1,103,597 | $12,249 |
2022 | $1,070,370 | $11,881 |
2021 | $991,556 | $11,006 |
2020 | $943,236 | $10,658 |
2019 | $906,958 | $10,248 |
2018 | $906,958 | $10,248 |
2017 | $888,144 | $10,036 |
History based on county public records data.
Nearby schools
6
Lyles-Crouch Traditional Academy
Public District KG-5
0.2 mi
•530 S Saint Asaph St
4
Naomi L. Brooks Elementary School
Public District KG-5
1.6 mi
•600 Russell Rd
4
Belle View Elementary School
Public District PK-6
2.0 mi
•6701 Fort Hunt Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $135,169. The majority of Alexandria, VA residents have income $200k+ annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 704 S Fairfax St
This home is located at 704 S Fairfax St in Alexandria, VA and zip code 22314 in the Old Town neighborhood. This 2,000 square foot home, which was built in 1978, sits on a 0.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $1,695,000.
While more than 101 listings in Alexandria, VA in February 2025 were sold above asking price, there were more than 39 listings sold at asking price, and more than 67 were sold below. Between January and February 2025, Alexandria, VA real estate market has seen increase in the number of listings by 22.8%. The median list price of listings available in February 2025 was $670,635, while the average time on the real estate market was 26 days.