Navy Yard Homes For Sale in Washington DC
The Navy Yard in Washington, DC, also sometimes known as Near Southeast, is a neighborhood by the Anacostia River. It is named after the Washington Navy Yard which was founded in 1799. The shipyard was one of the world's largest but downsized over time and now occupies about half of its original space. The area went though marked urban decay and industrial pollution before a Superfund cleanup program began. An ambitious commercial development program was initiated during the late 1990's and gained traction in the early 2000's. On the other side of the river is the Anacostia neighborhood, once home to blue collar shipyard workers. But for more information about Navy Yard homes for sale in Washington DC, check out the active MLS listings below:
Navy Yard Washington DC Real Estate
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More About Navy Yard Homes For Sale in Washington DC
The Navy Yard and its next-door neighbor, Capitol Riverfront, have brought a new commercial and residential presence to the area through large scale projects such as the United States Department of Transportation, Yards Park and Nationals Park, the latter of which is home to the Washington Nationals baseball team. Riverwalk Trail is partially completed and will eventually stretch for 20 miles along the Anacostia River. Homes for sale range from old Victorian row houses in the 8th Street Historic District to brand new buildings featuring office space, hotels, apartments, condos, trendy loft spaces, restaurants and shops.
A neighborhood with an eye on the future, the Navy Yard is rolling out a number of commercial projects such as Florida Rock, combining retail, office space, a hotel and residential units. Of the ongoing plans, none is more ambitious than The Yards, a sprawling 40-acre complex that is opening in stages over a lengthy period. The Yard's master plan was unveiled in 2004 and called for an eventual full build of 20,000 employees and $2 billion in private funding. The Foundry lofts, Boilermaker Shop and Park Pavilion have already opened. The Shed, an adaptive reuse of a historic industrial building, is currently under construction and will feature dining and office space.
While early phases at the Navy Yard focused largely on the commercial sector, there is an increasing emphasis on residential use. Homes for sale will be concentrated on the upscale condo market, although there are some mixed-income housing in the works. There will also be a significant residential rental component. The neighborhood is well served by public transportation via the Navy Yard and Capitol South metro stations. With stunning river views and plentiful green space, this new live, work and play environment is being hailed as an urban model of the future.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on October 16th, 2018 at 1:54pm EDT.