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Palisades

Palisades

$1,530,016 Average Value
$563 Average Price per Sq Ft
21 Homes For Sale

Palisades, the streetcar suburb along the Potomac

Palisades, located about 5 miles from Downtown Washington, D.C., is an upscale enclave on a strip along the Potomac River. The neighborhood was built around the 1890s as one of the city's original streetcar suburbs, with a connected tram line running from Glen Echo to Georgetown, giving Palisades its horizontal shape. Palisades became a favorite spot over the first half of the 20th century for building custom homes that would be harder to fit in D.C.'s more compact downtown areas. Today, Palisades stands as one of the District's most unique neighborhoods, where locals can fish and kayak in the Potomac, bike to Georgetown in minutes, or take in riverfront views from spacious homes. Michael Brennan, Senior VP of Compass, says of Palisades, "It's still a very closed-in neighborhood lined with mature trees and easy access to downtown."

Shop and dine global cuisine on MacArthur Boulevard

Unique storefronts, independently owned restaurants, and a local post office sit along MacArthur Boulevard's "main street" strip. Brennan says that “there’s walkability if people need CVS or Starbucks or restaurants.” Here, locals can walk a block or two from home to sites like the Old MacArthur Theater, a 1940s-era neighborhood movie theater with a modern, Art Deco-influenced design that has been repurposed as a CVS pharmacy. MacArthur Boulevard also hosts a cluster of international restaurants. Bistro Aracosia specializes in Afghan fare like kabobs and hot chicken korma. Et Voila!, a Belgian bistro, serves moules marinière and other mussel dishes for dinner and decadent Belgian waffles for brunch. It also has a selection of Belgian beers. Locals head to Sweet Agave Bar & Grill for happy hour after work, with discount deals on tacos and margaritas. For a night in, there's sushi for takeout at Kotobuki, serving Japanese dishes out of the second floor of an older rowhouse. Safeway, known for generations as a neighborhood go-to for groceries, closed in 2019 amid redevelopment plans. Now, a trip to Whole Foods on 40th Street, about 2 miles away, is the closest option for grocery shopping. In a pinch, you can visit Mimi's Convenience, a bodega with grab-and-go deli sandwiches, household essentials and an extensive selection of beer and wine.

Rare opportunity for fishing in D.C. at Fletcher's Cove

One of the perks of living in Palisades is easy access to outdoor recreation. Palisades has Fletcher's Cove — sometimes known as Fletcher's Boat House — on the Chesapeake and Ohio Canal for a quiet afternoon of fishing. Fletcher's tackle shack supplies the neighborhood's anglers and hosts a prime spot on the river to catch shad and perch. Fishing is uncommon in D.C., making places like Fletcher's even more valuable. It also rents kayaks and canoes for people who want to set out on the Potomac River and bikes for cyclists who want to ride beside intricate waterways along the Chesapeake & Ohio Canal Trail. Palisades Recreation Center and Playground offers climbing structures, a splash pad and a water slide for the summer months. The center has a computer lab, a fitness center and a basketball court. A walk past the Rec Center parking lot leads to a community art installation made of mirror fragments, spare bike parts, discarded metal and even clothing. The spot — dubbed The Glass Forest or The Glass Shrine — was first created by a local homeowner and has evolved and expanded as other residents added their own touches over the years.

Rownhouses, condos and old and new custom homes

Home values in the Palisades range from $300,000 to $750,000 for compact midcentury condos, $800,000 to $1.5 million for brick rowhouses, and $1 million to $3 million for detached single-family homes. Brennan notes that “Palisades [residents] get city features in a more suburban treelined environment.” Some single-family homes come with terraced yards and are set off from the street with stone walls and staircases to navigate the natural slope of the landscape. Others date to the neighborhood's earliest days when it acted as a late 19th-century resort that offered a seasonal escape from the summer heat of D.C. streets. There are colonial, Craftsman and Cape Cod styles, custom builds, and Contemporary homes built around 2000 on the market. Residents can catch decent views of the sunsets from their porches, as the neighborhood rests on the westward hills above the Potomac River.

Palisades community events

The Palisades Community Association promotes a small-town feel with neighborhood events like a longstanding Fourth of July parade and its year-round Farmers Market, held on Sunday mornings at 48th Place and MacArthur Boulevard. Locals can browse fresh produce, baked goods and preserves like apple butter. The Palisades Public Library, a neighborhood institution housed in a renovated 1960s building on V Street, provides reading, computer and media resources to the community and hosts public events like indoor yoga classes.

The recently built MacArthur High is the newest in D.C. Public Schools

Children attend District of Columbia Public Schools like Hardy Middle School and Key Elementary School, both rated an A-minus on Niche, with Key Elementary being a Blue Ribbon School. Students here can finish their grade-school learning at MacArthur High School, the newest school in the D.C. Public School district, opening its doors in August of 2023.

Georgetown is 4 miles away on MacArthur Boulevard or the Capitol Crescent Trail

"Living in Palisades means you're right by MacArthur Boulevard, so you can easily scoot into Georgetown," says Cheryl Leahy, a Realtor with Compass Realty. Georgetown is less than 4 miles east of Palisades along MacArthur Boulevard, keeping one of D.C.'s most notable commercial districts close to home. Residents also have the option to bike to Georgetown along the scenic Capitol Crescent Trail, taking around 20 minutes. WMATA bus stations are spread along MacArthur Boulevard, and the Tenleytown-AU Metro station is roughly 3 miles away for public transit throughout the city.
Maxwell Olarinde
Written By
Maxwell Olarinde
Matthew Bloch
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Matthew Bloch

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Roby Thompson, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Ronald Reagan Washington Ntl

18 min drive

Bus

Macarthur Blvd NW & Cathedral Ave NW

Bus

Macarthur Blvd NW & 47th Pl NW

Bus

Q St NW & Macarthur Blvd NW

Bus

Macarthur Blvd NW & Elliott Pl NW

Bus

Macarthur Blvd NW & Dana Pl NW

Bus

Macarthur Blvd NW & Q St NW

Bus

Loughboro Rd NW & Sibley Hospital

Crime and Safety

1 - Low Crime, 10 - High Crime Palisades US
Homicide 2 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Palisades Demographics and Home Trends

Housing Trends

Median List Price
$1,381,500
Median Sale Price
$1,350,000
Median Single Family Sale Price
$1,997,500
Median Townhouse Sale Price
$1,390,000
Median 2 Bedroom Sale Price
$750,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
53
Median Home Sale Price YoY Change
7%
Average Price Per Sq Ft
$563

Neighborhood Facts

Number of Homes in Neighborhood
1,037
Number of Homes for Sale
21
Median Year Built
1947
Months of Supply
4.80
Average Single Family Home Size Sq Ft
2,721
Significantly above the national average
1,927
Average Townhouse Size Sq Ft
2,160
Average 2 Bedroom Size Sq Ft
1,164
Average 1 Bedroom Size Sq Ft
599
Average Studio Size Sq Ft
479
Median Lot Size Sq Ft
5,227

Open Houses

  • Saturday, Jul 26
    2 - 4pm

    4621 Laverock Place NW, Washington, DC 20007

    $2,550,000

    • 4 Beds
    • 2.5 Baths
    • 3,319 Sq Ft
    • 4621 Laverock Place NW
    • New 24 days ago

    **ENJOY EXQUISITE POTOMAC RIVER VIEWS from this 4 bedroom, 3.5 Bath home, in the most exciting location: enjoy all that the Palisades and Georgetown have to offer, among a private cul de sac of 22 homes. Light shines throughout this perfect balance of traditional and contemporary design, great flow and spaces for entertaining, built ins, 3 fireplaces, plus 1 car garage and driveway

    Meredith Margolis Compass

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  • Saturday, Jul 26
    1 - 3pm

    1406 Foxhall Rd NW, Washington, DC 20007

    $1,388,000

    • 4 Beds
    • 3.5 Baths
    • 2,240 Sq Ft
    • 1406 Foxhall Rd NW
    • New 1 day ago

    Ideally located between Georgetown and the Palisades, this semi-detached townhome is flooded with natural light and offers refined living inside and out. From the high ceilings to the new flagstone side patio and the stunning roof deck, this property meets all the criteria for luxury living in one of the best neighborhoods in DC. Recently painted and upgraded, this 4-bedroom, 3.5-bath home with

    Carolyn Schafer Long & Foster Real Estate, Inc.

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Roby Thompson, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,057
Median Age
38
Population Density
5 ppl/acre
Population under 18
25.7%
On par with the national average
23.8%
Population over 65
17.3%
On par with the national average
19.1%

Finances

Median Household Income
$149,050
Significantly above the national average
$71,702
Average Household Income
$183,777

Education and Workforce

High School Graduates
97.8%
College Graduates
85.9%
Significantly above the national average
34.1%
Advanced Degrees
57.5%
Significantly above the national average
13.3%
% Population in Labor Force
69.9%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
31°F
Average Summer High Temperature
89°F
Annual Snowfall
13''

Area Factors

Bikeable

Bike Score®

55 / 100

Car-Dependent

Walk Score®

11 / 100

Some Transit

Transit Score®

38 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Palisades