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Central Park Homes for Sale

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    $1,100,000

    • Land
    • 1.78 Acres
    • $617,978 per Acre

    1068 1076 Hospitality Ln, Fredericksburg, VA 22401

    Price below tax value! Motivated Seller.. willing to consider some seller financing, due diligence period. Make an offer. This 1.78+/- AC parcel is a shovel-ready pad site zoned PD-C in the Special Tourism and Events Overlay District. Suitable for mixed use. Public utilities at site, curb, gutters and sidewalks. Part of the Federal Opportunity zone.

    Jeff Stein Tranzon Key

    1068 1076 Hospitality Ln, Fredericksburg, VA 22401
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    $475,000

    • Land
    • 0.45 Acre
    • $1,055,556 per Acre

    1154 Carl D Silver Pkwy, Fredericksburg, VA 22401

    Gayle Bailey Keller Williams Realty

    1154 Carl D Silver Pkwy, Fredericksburg, VA 22401

Why Live in Central Park

Central Park in Fredericksburg is a burgeoning neighborhood known for its proximity to the East Coast’s largest shopping center and easy access to Interstate 95, making it convenient for both commuters and shoppers. The neighborhood features newly built, three-story Colonial Revival homes with unique facades of brick and vinyl, modest yards, and street parking. These homes, built in 2020, offer spacious interiors averaging 1,900 square feet. Central Park is home to Lafayette Upper Elementary, Walker-Grant Middle School, and James Monroe High School, with the latter having a high rating. The area is rich with things to do, including Fun Land for family entertainment, Regal Cinema for moviegoers, and Battlefield Tours of Virginia for history enthusiasts. Dining options are plentiful, with Park Lane Tavern and the Melting Pot offering diverse culinary experiences. Grocery shopping is convenient with Wegmans nearby, and other essentials can be found at Lowe’s and Target. The neighborhood is also served by the Fredericksburg Regional Transit system. Central Park’s combination of modern amenities and strategic location makes it a vibrant and practical choice for home buyers.

Frequently Asked Questions

Is Central Park a good place to live?
Central Park is a good place to live. Central Park is considered car-dependent and somewhat bikeable. Central Park has 6 parks for recreational activities. It is sparse in population with 2.3 people per acre and a median age of 30. The average household income is $94,443 which is below the national average. College graduates make up 39.1% of residents. A majority of residents in Central Park are renters, with 98.5% of residents renting and 1.5% of residents owning their home. A local real estate agent serving Central Park can help you decide if this neighborhood is the right one for you. Learn more on our Central Park neighborhood guide.
How much do you need to make to afford a house in Central Park?
The median home price in Central Park is $427,500. If you put a 20% down payment of $85,500 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,180 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K a year to afford the median home price in Central Park. The average household income in Central Park is $94K.
What are the best public schools in Central Park?
The best public schools that serve Central Park are:
What are the best private schools in Central Park?
The best private schools that serve Central Park are:
What are the most popular zip codes in Central Park, Fredericksburg, VA?
The most popular zip codes in Central Park, Fredericksburg, VA include 22407, 22401, 22406, 22405 and 22408.
What are the most popular neighborhoods near Central Park, Fredericksburg, VA?
The most popular neighborhoods near Central Park, Fredericksburg, VA are Cowan Boulevard, Fall Hill, Central Fredericksburg, Celebrate Virginia and Marye's Heights.
Are home prices dropping in Central Park?
Yes, home prices in Central Park are down 4% in the last 12 months.

Home Trends in Central Park, VA

Housing Trends

Median Sale Price
$427,500
Median Townhouse Sale Price
$420,000
Average Price Per Sq Ft
$213
Number of Homes for Sale
0
Last 12 months Home Sales
4
Months of Supply
0.00
Median List Price
$427,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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