Nearest Airport: RONALD REAGAN WASHINGTON NATIONAL
Community Characteristics: Significant Percentage of Family Households, Close to Military Facility(ies), Many Single Family Dwellings
Income Per Capita: $71,665
Average Household Expenditure: $109,070
Foggy Bottom real estate is home to one of Washington, D.C.’soldest neighborhoods. Its boundaries are roughly defined as Rock Creek Park to the west, 17th Street to the east, Pennsylvania Avenue to the north, and Constitution Avenue to the south. Foggy Bottom real estate owners and residents are served by the Foggy Bottom-GWU Station, on Metro’s blue and orange lines. Available Foggy Bottom real estate includes newly developed luxury condominiums and historic single-family homes.
Foggy Bottom’s unusual name has been attributed to both the fog rolling off the nearby Potomac River and the area’s industrial origins, though neither explanation has been verified. The neighborhood is perhaps best known for its many impressive landmarks; the Kennedy Center for the Performing Arts, the Watergate Hotel, the World Bank, and the U.S. State Department are all located on Foggy Bottom real estate, making the area especially popular among artists and business professionals. But families and students are also drawn to Foggy Bottom real estate, thanks to the neighborhood’s 43-acre George Washington University campus. You can learn more about the Foggy Bottom estate market, including timely statistics about active inventory and the median sales price of area homes, by visiting the Foggy Bottom housing market report. You can also refer to the facts below for additional details about living in Foggy Bottom.
Resource: Long & Foster