• Nearest Airport: RONALD REAGAN WASHINGTON NATIONAL

• Community Characteristics: Significant Percentage of Family Households, Close to Military Facility(ies), Many Single Family Dwellings

• Population: 102,500

• Income Per Capita: $71,665

• Average Household Expenditure: $109,070

 

Friendship Heights real estate is always a popular option for those looking to live in Washington, D.C. Friendship Heights is an affluent residential and commercial neighborhood that straddles the border of northwest Washington, D.C. and southern Montgomery County, MD.

Upscale shopping is synonymous with Friendship Heights. The area is well-known for its two popular shopping plazas, Chevy Chase Pavilion and Mazza Gallerie, which combined offer more than 440,000 square feet of retail and dining. Three more retail destinations – the Chevy Chase Center, the Collection at Chevy Chase, and Wisconsin Place – are currently in development. And no fewer than three grocery stores, all within close proximity, serve the neighborhood’s residents, with a fourth soon to be added. In addition, much of Friendship Heights’ real estate for home buyers is located in mixed-use buildings, like the proposed seven-story Akridge development, which will combine 13,000 square feet of retail with seventy new condominiums.

Friendship Heights real estate also includes a thriving office district. The corporate headquarters of both GEICO and the Ritz-Carlton call the area home, as do two broadcast media studios, WMAL and WTTG. And more office space will be added with the completion of Wisconsin Place.

Resource: Long & Foster