Mount Pleasant, Catching Up to DC’s Other Top Neighborhoods

Posted by Andre M Perez on Wednesday, February 19th, 2014 at 12:11pm.

Mount Pleasant Real Estate For Sale in Washington DCWashington DC’s Mount Pleasant neighborhood is one of the fastest-growing real estate sectors in the metropolitan area but it wasn’t always that way. Once a prosperous streetcar suburb, this was one of many neighborhoods hit hard by the 1968 DC riots. Soon after, homeowners left in droves. Years of economic blight followed, eventually followed by a new generation of homebuyers, attracted by competitive prices.

As homes in Mount Pleasant were purchased and renovated, a divide became apparent between new residents and the existing commercial strip. Mount Pleasant Street, during the 1990’s, was typified by fast-food restaurants, liquor stores and shuttered storefronts. Extending into the 2000’s, the number of closed businesses, along with a lack of upscale shops and popular restaurants, contributed to a dampening effect to the real estate market itself.

Much has changed over the past decade, as attractive real estate prices and a diverse influx of businesses has fueled a new wave of buyers. Mount Pleasant is bordered by Rock Creek Park to the west, the ultra-trendy Adams Morgan neighborhood to the south and the rapidly gentrifying Columbia Heights neighborhood to the east. Home values have jumped 14.8 percent over the past year in Mount Pleasant, during a period when prices in some of the other Metro areas have flattened.

The Mount Pleasant real estate market offers a diverse range of older properties and architectural styles, including charming Victorian-style rowhouses, century-old apartment buildings, Colonial and Dutch Revival, as well as some Tudor-style single family homes and grand old mansions that have been sub-divided into condos. While prices have generally been competitive compared to neighboring communities, a hot seller’s market is now taking over

Walking through the revitalized commercial strip offers a window into Mount Pleasant’s resurgence. An eclectic blend of locally-owned bakeries, coffee shops, cafes, antique stores, a bicycle shop, shoe repair, and yes, some of the old street vendors, all set against a backdrop of colorfully-painted storefronts, affords the opportunity for a fun and affordable retail experience. And, for those who want more upscale dining, the 14th Street Restaurant Row is just a few miles south.

With a median list price of $625,000 and a 15 percent rise in property values over the past 12 months, the real estate market in Mount Washington is catching up to its neighbors—it was inevitable in the geographically-compressed DC hub. Still, there are some buyer opportunities—it just takes a little more searching these days.


SEARCH SOME OF MOUNT PLEASANT'S HOTTEST REAL ESTATE LISTINGS BELOW:

Price, High to Low
40 Properties Found.

1766 Lanier Pl Nw

WASHINGTON, DC
$1,750,000

MLS#: DCDC178576
4 Bed, 3½ Bath
2515 Sqft, 0.07 Acres
Residential

Photo of Listing #DCDC442104

1752 Lamont St Nw

WASHINGTON, DC
$1,650,000

MLS#: DCDC442104
4 Bed, 3 Bath
3466 Sqft, 0.06 Acres
Residential

1713 Euclid St Nw

WASHINGTON, DC
$1,650,000

MLS#: DCDC434040
5 Bed, 3 Bath
3100 Sqft, 0.04 Acres
Residential

2910 18th St Nw

WASHINGTON, DC
$1,550,000

MLS#: DCDC439030
5 Bed, 4 Bath
0.04 Acres
Residential

Photo of Listing #DCDC440324

1633 Irving St Nw

WASHINGTON, DC
$1,550,000

MLS#: DCDC440324
7 Bed, 3½ Bath
4205 Sqft, 0.06 Acres
Residential

Photo of Listing #DCDC446292

1920 Park Rd Nw

WASHINGTON, DC
$1,544,900

MLS#: DCDC446292
5 Bed, 3½ Bath
2922 Sqft, 0.06 Acres
Residential

Photo of Listing #DCDC443494

1656 Hobart St Nw

WASHINGTON, DC
$1,500,000

MLS#: DCDC443494
4 Bed, 3½ Bath
2615 Sqft, 0.04 Acres
Residential

Photo of Listing #DCDC439456

1935 Park Rd Nw

WASHINGTON, DC
$1,445,000

MLS#: DCDC439456
6 Bed, 4 Bath
3379 Sqft, 0.06 Acres
Residential

1842 Monroe St Nw #2 - Penthouse

WASHINGTON, DC
$1,350,000

MLS#: DCDC445238
3 Bed, 3½ Bath
2218 Sqft
Residential

Photo of Listing #DCDC446692

1632 Argonne Pl Nw

WASHINGTON, DC
$1,349,900

MLS#: DCDC446692
4 Bed, 3½ Bath
2800 Sqft, 0.04 Acres
Residential

1879 Newton St Nw

WASHINGTON, DC
$1,275,000

MLS#: DCDC446320
3 Bed, 2½ Bath
0.05 Acres
Residential

Photo of Listing #DCDC445192

3219 Walbridge Pl Nw

WASHINGTON, DC
$1,195,000

MLS#: DCDC445192
4 Bed, 4½ Bath
2038 Sqft, 0.05 Acres
Residential

Photo of Listing #DCDC444972

1849 Monroe St Nw

WASHINGTON, DC
$1,175,000

MLS#: DCDC444972
4 Bed, 2½ Bath
2304 Sqft, 0.05 Acres
Residential

1842 Monroe St Nw #1 - Main

WASHINGTON, DC
$1,150,000

MLS#: DCDC445232
3 Bed, 3½ Bath
1700 Sqft
Residential

1844 Monroe St Nw

WASHINGTON, DC
$1,150,000

MLS#: DCDC446210
3 Bed, 3½ Bath
1700 Sqft
Residential

1715 Kenyon St Nw #b

WASHINGTON, DC
$1,149,000

MLS#: DCDC446352
2 Bed, 2½ Bath
1750 Sqft
Residential

Photo of Listing #DCDC446088

1657 Harvard St Nw

WASHINGTON, DC
$1,149,000

MLS#: DCDC446088
4 Bed, 2 Bath
2360 Sqft, 0.05 Acres
Residential

Photo of Listing #DCDC444924

3410 Brown St Nw

WASHINGTON, DC
$1,100,000

MLS#: DCDC444924
4 Bed, 2½ Bath
2402 Sqft, 0.04 Acres
Residential

Photo of Listing #DCDC447006

1785 Lanier Pl Nw #4

WASHINGTON, DC
$1,100,000

MLS#: DCDC447006
2 Bed, 2½ Bath
2400 Sqft, 0.02 Acres
Residential

1865 Park Rd Nw #2

WASHINGTON, DC
$1,049,000

MLS#: DCDC445046
3 Bed, 2½ Bath
1850 Sqft, 0.03 Acres
Residential

1715 Kenyon St Nw #a

WASHINGTON, DC
$999,850

MLS#: DCDC443000
2 Bed, 2½ Bath
1900 Sqft
Residential

Photo of Listing #DCDC445198

2018 Pierce Mill Rd Nw

WASHINGTON, DC
$995,000

MLS#: DCDC445198
4 Bed, 2 Bath
2365 Sqft, 0.06 Acres
Residential

Photo of Listing #DCDC443818

2040 Pierce Mill Rd Nw

WASHINGTON, DC
$929,900

MLS#: DCDC443818
4 Bed, 2½ Bath
2180 Sqft, 0.03 Acres
Residential

Photo of Listing #DCDC438714

1732 Hobart St Nw

WASHINGTON, DC
$919,000

MLS#: DCDC438714
3 Bed, 2½ Bath
2213 Sqft, 0.04 Acres
Residential

1672 Oak St Nw

WASHINGTON, DC
$799,555

MLS#: DCDC443974
3 Bed, 3½ Bath
1850 Sqft, 0.02 Acres
Residential

Photo of Listing #DCDC438936

3338 17th St Nw

WASHINGTON, DC
$750,000

MLS#: DCDC438936
3 Bed, 2 Bath
1869 Sqft, 0.06 Acres
Residential

Photo of Listing #DCDC443174

1620 Oak St Nw

WASHINGTON, DC
$750,000

MLS#: DCDC443174
3 Bed, 2½ Bath
1394 Sqft, 0.03 Acres
Residential

1624 Oak St Nw

WASHINGTON, DC
$675,000

MLS#: DCDC445406
3 Bed, 2 Bath
1020 Sqft, 0.04 Acres
Residential

1789 Lanier Pl Nw #1

WASHINGTON, DC
$619,900

MLS#: DCDC443752
2 Bed, 1 Bath
1000 Sqft, 0.24 Acres
Residential

2412 17th St Nw #c-03

WASHINGTON, DC
$549,900

MLS#: DCDC444718
2 Bed, 2 Bath
1211 Sqft, 0.01 Acres
Residential

Photo of Listing #DCDC446828

3420 16th St Nw #401

WASHINGTON, DC
$529,900

MLS#: DCDC446828
1 Bed, 1 Bath
1030 Sqft, 0.01 Acres
Residential

Photo of Listing #DCDC446550

2853 Ontario Rd Nw #304

WASHINGTON, DC
$500,000

MLS#: DCDC446550
1 Bed, 1 Bath
837 Sqft, 2.65 Acres
Residential

2605 Adams Mill Rd Nw #33

WASHINGTON, DC
$454,900

MLS#: DCDC443272
1 Bed, 1 Bath
742 Sqft, 0.12 Acres
Residential

Photo of Listing #DCDC443186

1615 Kenyon St Nw #38

WASHINGTON, DC
$389,900

MLS#: DCDC443186
1 Bed, 1 Bath
641 Sqft, 0.01 Acres
Residential

Photo of Listing #DCDC442904

1613 Harvard St Nw #102

WASHINGTON, DC
$389,000

MLS#: DCDC442904
1 Bed, 1 Bath
595 Sqft, 0.01 Acres
Residential

Photo of Listing #DCDC443024

3025 Ontario Rd Nw #507

WASHINGTON, DC
$374,900

MLS#: DCDC443024
1 Bed, 1 Bath
750 Sqft, 0.3 Acres
Residential

Photo of Listing #DCDC445190

1615 Kenyon St Nw #57

WASHINGTON, DC
$374,895

MLS#: DCDC445190
1 Bed, 1 Bath
619 Sqft, 0.01 Acres
Residential

Photo of Listing #DCDC436292

2633 Adams Mill Rd Nw #104

WASHINGTON, DC
$359,900

MLS#: DCDC436292
1 Bed, 1 Bath
768 Sqft, 0.01 Acres
Residential

1763 Columbia Rd Nw #406

WASHINGTON, DC
$349,995

MLS#: DCDC445222
1 Bed, 1 Bath
592 Sqft
Residential

Photo of Listing #DCDC442966

2440 16th St Nw #308

WASHINGTON, DC
$328,000

MLS#: DCDC442966
1 Bed, 1 Bath
490 Sqft, 0.01 Acres
Residential

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