Over the past twenty years, Del Ray has experienced tremendous growth and transformation, becoming one of the most sought-after and cherished neighborhoods in Alexandria. Many residents echo the notion that Del Ray is “where Main Street still exists”. If you are thinking about buying your first home in Alexandria, you should definitely consider Del Ray and here are the reasons why…..
It’s a Smart Investment
Multiple surveys by the National Association of Realtors show that walkability is directly linked to increasing property values. So it’s no surprise that, from a resale perspective, purchasing a home in Del Ray makes a lot of sense. But did you know that Del Ray is also an excellent value when compared to similar neighborhoods in Arlington and DC?
Del Ray is significantly more affordable than its nearby counterparts. For example, the average sales price for home today (including condos, row houses and detached homes) in Del Ray is $738,000. Compare Del Ray’s average to that of Clarendon which, over the last 12 months, was $100,000 more at $839,000 (and included many more condos). That’s a big difference that translates to real value for you.
Del Ray is that perfect mix of urban yet suburban. You want character. You want to walk out your door and head to a favorite coffee shop, yoga studio or restaurant but you don’t want to deal with all of the hassles like noise, parking, and higher taxes that go along with living in DC. Del Ray is for you.
Del Ray is a tight community. When you go out to dinner, you don’t find that mix of neighbors and tourists that you might in Old Town. It’s much more of a local scene. Del Ray has no shortage of year-round community-sponsored events such as the Art on the Avenue festival, Halloween parade, First Thursdays and Cinema Del Ray. And there’s a fantastic local Farmers Market held year-round every Saturday morning.
Restaurants…whatever you are in the mood for, you’ll find it here. Twenty+ restaurants are dotted along 10 city block and not one is a national chain! Cheesetique, Taqueria Poblano, Evening Star, The Front Porch, Del Ray Cafe, Bon Vivant, Junction Bakery, Live Oak, Grape+Bean, Del Ray Sushi, Holy Cow Burger, Pork Barrel BBQ, Lena’s Pizza and Stomping Ground are just some of the wide variety of eateries you will find.
For the fitness enthusiasts, Del Ray is called “Well Ray” for a reason… you’ll find yoga, pilates, barre, spin, and bootcamp, along with holistic medicine centers, massage studios and acupuncturists. There is also a great YMCA, nearby running and bike paths, tennis courts and multiple playing fields. Public and private golf courses are only minutes away.
Though the origin of the name “Del Ray” is a mystery, the neighborhood was one of the first commuting suburbs to Washington DC. More than 100 years ago, railway and streetcar lines travelled through the Commonwealth Street station to DC, Old Town Alexandria and as far as Bluemont, VA. Throughout the century, the small town feel remained, even as the communities of Del Ray, St. Elmo, Hume and Mt.Ida joined to form the Town of Potomac, which was incorporated in 1908 and added to the National Register of Historic Places in 1992.
Easy Access to DC
Though the streetcars are gone, commuting from Del Ray is still easy via the Braddock Road Metro, the award-winning Crystal City-Potomac Yard Transitway, and multiple bus lines. A proposed Potomac Yard Metro stop will make Metro even more convenient. Driving into DC is a breeze and some people even bike. Major commuter arteries are very close by – Route 1, 395, 495 and the GW Parkway. The Pentagon is walking distance and you can literally jog to Washington National airport (DCA).