There’s precious little open, developable land left in Arlington, but one of the bigger privately-owned properties is now for sale.
A 1.72 acre property at 1722 N. Glebe Road, adjacent to Glebe Elementary School and Capital Life Church, is listed for sale at $8,820,117. Previously home to Hill’s Nursery and Camellia Garden, the property includes a boarded-up house built in 1941 but is otherwise mostly trees and empty land across three connected lots.
“It’s the largest property on the market in Arlington right now, even though it’s listed online as 1.32 acres, across all three lots it’s actually 1.72,” said the listing agent, Jeena Ingraham of Samson Properties.
The asking price has been marked down from $9.9 million when it was first listed on July 23.
“Rarely available, tear-down and build in North Arlington, very close to D.C. Previously the Hill Nursery, the property is being sold as is,” the listing says, adding that it’s “7 miles from Amazon’s HQ2.”
Though the property is adjacent to Glebe Elementary, an Arlington Public Schools spokesman said the school system has no plans to purchase it.
There are also no plans for Arlington County to acquire the lots, a spokeswoman for the Arlington Dept. of Environmental Services said, even though the county has been actively trying to acquire properties for public use.
The minimum lot requirement for a single-family home in Arlington’s R-6 zoning district is 6,000 square feet, so 12 homes could potentially fit in 1.72 acres. However, it would require a lengthy subdivision process with the County, which Ingraham said she has not begun.
“We’ve had plenty of interest from investors and developers looking to build their family-home portfolio, but nothing confirmed yet,” she said.
Nearby homes listed on real estate website Redfin average in the $1 million range, suggesting that whoever purchases it will likely need to build several properties to turn a profit.
As for the owner and the nearly $9 million listing price?
“He’s a native to Arlington, and it’s his vision,” Ingraham said.
Image 1, 3 via Google Maps, Image 2 via Samson Properties