Friendship Heights

Certain DC’s neighborhoods certainly have a reputation for being exclusive. However, while a former president, lobbyists, big names in the media and politicians all call swanky Kalorama home, it isn’t tops when it comes to DC’s wealthiest ZIP codes.

That honor goes to ZIP Code 20015, ranked as the most expensive in DC, at least according to GoBankingRates.com. The financial website looked at cost of living data from across the nation, then put it together with mortgage data and median home value data collected from Zillow.

Then, the website calculated the area with the most expensive ZIP Code. In the DC area, that honor went to a neighborhood straddling the Maryland border, south of Silver Spring and Chevy Chase.

The average home in ZIP Code

One of northwest DC’s best-kept secrets, The Harrison offers dozens of newer construction condominiums within one of the region’s most coveted locations. Just a short walk from the Metro and close to numerous options in shopping and nightlife, The Harrison is known for its stylishly appointed homes and functional living accommodations.

Found right along Wisconsin Avenue in Friendship Heights, the building is tucked away between Ingomar and Harrison Streets, a convenient location that puts residents close to everything they need and want, surrounded by an urban environment. The four-story building includes just 49 residences, complete with a handsome lobby, an elevator, a relaxing courtyard and the benefit of garage parking and controlled entry

Known for its innovative properties, ranging from high-end condominiums to mixed-use developments, PN Hoffman rises to new heights with a true gem in the outstanding property of Chase Point. This contemporary high-rise includes 107 luxury condos, located right in the middle of one of Washington DC’s most impressive meccas of luxury shopping.

At eight stories high Chase Point towers above Chevy Chase and Friendship Heights, located at the desirable corner of Western Avenue and Military Road in one of the DC area’s most coveted communities. The site puts residents easily within steps of the Metro, plus various dining, shopping and entertainment options. In addition, the fashionable location is close to the Kennedy Center and Reagan National Airport.

Wealth in DC combined with enviable demographics explodes with endless possibility for luring upscale DC metro area residents.  While Friendship Heights---the neighborhood bordering Maryland and DC---has long been a bastion of luxury shopping in DC, newcomer CityCenter DC arrived downtown last year with a splash and has opened a group of high-end shops that will keep the well-to-do happy without having to make a pilgrimage to New York City or possibly even Friendship Heights.  High-fashion designer Dior has a store in Friendship Heights and plans to open one at CityCenter, so Friendship Heights may soon start to experience an exodus of exclusive international and fashion lines as they move further down Wisconsin Avenue to closer-in downtown.

It’s been

Friendship Heights is a shopping mecca for Washingtonians.  With the feel of a wealthy suburb but with a DC address, Friendship Heights is a place you can live, work and play.  It’s located at the border of both northwest DC and a wedge of southern Montgomery County, Maryland.  A walkable neighborhood with excellent retail and transportation options, Friendship Heights offers upscale retail stores and a selection of restaurants as well as residential and office space and the Friendship Heights Metro Station on the Red Line, making it a very convenient neighborhood.

Residents and visitors are drawn to Friendship Heights for the shopping along a stretch of Wisconsin Avenue that runs the gamut of retail from T.J. Maxx and a few discount shops at the

DC Condo Boutique team member Mansour Abu-Rahmeh represented the buyer of a Chase Point condo located at 4301 Military Road #303, Washington, DC 20015 in DC’s Friendship Heights neighborhood.  This condo features 2 BR / 2 BA / 1,450 SF of living space and closed on September 12th, 2014 for $934,000 / $644 SF.  Two garage parking spaces conveyed with this unit.

This striking designer condo features two bedrooms, two full bathrooms and a den.  Luxury finishes include Brazilian cherry floors, a marble foyer, Viking and Bosch appliances, custom lighting and Hunter Douglas blinds and shutters.  Chase Point was delivered in 2007 by PN Hoffman and offers a 24-hour desk, fitness center and is within walking distance of all the fabulous shopping and dining in

A new map by Zillow was released last week to much fanfare across DC, calculating housing affordability based on a monthly payment of $2,000, or 18 percent of a buyer’s monthly income, assuming a $500,000 home purchase price.  The color-coded map from dark red to dark green revealed the 20015 zip code as the least affordable, which includes the pricey DC neighborhoods of Chevy Chase DC and Friendship Heights.  After 20015, the 20003 zip code for the Capitol Hill neighborhood comes in 2nd, and the 20007 zip code for the neighborhoods in Georgetown, Glover Park, Foxhall, and Massachusetts Avenue Heights comes in at #3.  Longtime DC residents would not be surprised by these findings.

The map reveals DC’s eastern neighborhoods (NE) as most affordable and the

The Friendship Heights neighborhood is an upscale residential village in northwest DC, with a median household income that exceeds $100,000.  A mix of residents from school-age children to empty nesters live here and everything in between.  While known as a shopping mecca to area DC residents, it is the type of neighborhood for people who love to live in the city; enjoy a walkable neighborhood; have upscale retail at their fingertips and prefer lots of public transportation options.  For those lucky enough to live in one of Friendship Heights’ luxury condominiums, many say it feels more like a suburban than urban center while soaking up the comforts of suburban living.

Bounded by River Road to the southwest, Willard Avenue and Western Avenue to the north,

The most expensive DC condo sold in June 2013 was in Logan Circle at The Metropole located at 1515 15th Street NW #607 Washington, DC 20005.  This 3 BR / 3 BA / 2,351 SF penthouse condo includes two parking spaces.  The selling price was $1.9M / $808 SF which was 100% of asking price.

Congratulations to selling Realtor Annie Cefaratti with Keller Williams Realty for closing the most expensive condo sale in the District in June 2013.

Honorable mention for the second most expensive condo to sell in the District during June 2013 was a in Friendship Heights at Chase Point located at 4301 Military Road NW #702, Washington, DC 20015.  This condo features 2 BR / 2.5 BA / 2,126 SF and includes two parking spaces.  The selling price was $1.665M / $783 SF,

Chase Point is a luxury condo project delivered in 2007 by esteemed developer PN Hoffman located a block from the Friendship Heights Metro Station.  PN Hoffman has a long track record of delivering unique and architecturally interesting projects in Washington, DC including the Alta at Thomas Circle, Lofts at Adams Morgan and Union Row.  Our team truly enjoys showing listings in PN Hoffman projects as there is such a wide variety of floor plans and the finishes are stylish and top quality.

The location of Chase Point at the corner of Military Road and Western Ave in Friendship Heights offers and abundance of benefits.  Many of DC's finest retailers including Gucci, Jimmy Choo, Neiman Marcus and Saks Fifth Avenue are located within walking distance.  The