Old Town is the historic heart of Alexandria, Virginia, an independent city on the Potomac River about seven miles south of Washington, DC. Founded in 1749 as a colonial tobacco port and named for the Scottish merchant John Alexander, it is one of the oldest communities in the region and home to the third-oldest locally designated historic district in the country. Old Town is known for its preserved 18th- and 19th-century architecture, red-brick sidewalks, and cobblestone streets, its mile-long King Street corridor of independent shops and restaurants, and a revitalized Potomac waterfront. It sits within ZIP code 22314, has its own Metro stations on the Blue and Yellow lines, and was George Washington's hometown, with his Mount Vernon estate a few miles down the river.
The Old Town real estate market is one of the most sought-after in Northern Virginia, and it centers on historic homes and condominiums rather than large single-family houses. In recent years the median sale price in the 22314 ZIP code has run in the range of roughly $870,000 to $1.1 million, with homes selling quickly and close to asking. Condominiums generally start around $350,000 and rise into the seven figures for large or waterfront units, historic Federal and Victorian rowhouses commonly range from about $800,000 to well over $1.5 million depending on block and condition, and the largest historic homes and new waterfront residences trade above $3 million. Because Old Town is a protected historic district, inventory is limited and well-prepared homes tend to sell within weeks.
What sets Old Town apart is a rare combination of genuine colonial history, a walkable urban village, and a waterfront setting, all a short trip from Washington. Its streets hold homes dating to the 1750s, some on land originally owned by George Washington, alongside taverns the Founding Fathers frequented, and every historic property is protected by the city's Board of Architectural Review. At the same time, King Street offers more than 200 independent shops and restaurants, the waterfront has been reinvented with parks, the Torpedo Factory Art Center, and new luxury residences, and residents can reach downtown Washington in about twenty minutes by Metro, water taxi, or car. That mix of history, walkability, and location draws professionals, historic-home enthusiasts, and buyers who want a true neighborhood rather than a commuter subdivision. Old Town's history also includes a significant and painful chapter in the domestic slave trade, now told at sites such as the Freedom House Museum and the Alexandria Black History Museum.
Advisory Partners brings boutique, concierge-level guidance to the Old Town market and the wider DMV. Affiliated with Compass, the team pairs data-driven valuations and marketing built for the luxury market with the block-by-block knowledge Old Town rewards, since a historic rowhouse, a waterfront condominium, and a new-construction residence are three very different transactions, each with its own buyer and its own preservation considerations under the Board of Architectural Review. Whether you are buying a Federal rowhouse near Captain's Row, selling a waterfront condominium at Robinson Landing, or navigating the architectural-review process on a historic home, Advisory Partners treats every transaction as the high-stakes decision it is, from the first conversation through closing.