GEORGETOWN REAL ESTATE
Georgetown is a gorgeous historic district of grand homes and cobblestone streets built around the serene C&O canal. While Georgetown is famous for its historic charm and old-world architecture, it is also a bustling modern center. At present, luxury real estate in Georgetown is at the centre of diverse cultural activities and a wide range of options for dining out, shopping, and entertainment.
The historic community of Georgetown was first established in 1751. While other areas of Washington D.C. have undergone extensive redevelopment, Georgetown’s picturesque tree-lined cobblestone streets are home to extraordinary buildings that date back to before the Revolutionary War.
Georgetown’s blend of hip urbanity and historic charm, along with its prominent location in the Washington D.C. Metro Area, make this district one of the most unique neighborhoods in America.
GEORGETOWN REAL ESTATE INSIGHTS
Georgetown homes for sale include many elegant historic townhouses and apartments which reflect the district’s unique character. Georgetown’s prime D.C. Metro Area location, vibrant cultural life, and rich history all contribute to making this one of the most desirable and sought-after neighborhoods in the region.
Properties in Georgetown have a median list price of $824 per square foot, which is considerably higher than the Washington D.C. average of $524. The median list price of homes in Georgetown is $1,495,000, while the median valuation of homes rose by 2.5% over the past year and is currently standing at $1,156,800.
PEOPLE & LIFESTYLE
Georgetown is an important part of the capital’s political scene, being home to the embassies of countries including France, Sweden, Venezuela, and many more. Past residents have included important political figures such as Thomas Jefferson and John F. Kennedy, as well as inventor Alexander Graham Bell and actress Elizabeth Taylor.
Its streets are steeped in history, from the Old Stone House on M Street which was built in 1765, to Alexander Graham Bell’s Volta Laboratory, which played an important role in the development of sound recording technology in the late-19th century.
The charm of historic Georgetown is supplemented by a lively modern cultural life. High-end Italian restaurants Fiola Mare and Café Milano are favored by both politicians and local residents, while 1789 offers locally-sourced cuisine in a genteel atmosphere. Recent additions to Georgetown’s culinary scene include Ladurée, an upscale Parisian-style bakery serving delicious macarons and other pastries, as well as Blue Bottle Coffee, which offers high-end craft coffee in a hip modern environment. Georgetown’s M Street is a cultural center of the town, with fabulous restaurants, upscale home design and fashion stores, and home to multiple art galleries.
Georgetown’s beautiful waterfront area is another cultural and entertainment hub. The bars and restaurants in Washington Harbor, including Fiola Mare, provide spectacular views and first-class dining and entertainment. The waterfront area is also home to Georgetown Waterfront Park, which provides opportunities for kayaking, cycling, and jogging. Cyclists and outdoor enthusiasts have a plethora of options within Georgetown and in the area beyond, with a wealth of bike racks making the town an easy place to traverse via bicycle, while numerous trails converge in Georgetown and lead to the natural beauty of the countryside beyond its borders.
Georgetown’s blend of history and cultural vibrancy comes to the forefront each July 4th with the Independence Day parade and picnic at the Palisades. This event has been hugely popular since it was first held in 1966, offering free hot dogs, watermelon, moon bounces, and live music.
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