$1,050,000
UNDER CONTRACT

2942 Penny Ln Fairfax, VA 22031

Estimated payment $6,857/month

Total Views 342
3 Beds
3.5 Baths
1,906 Sq Ft
$551 Price per Sq Ft

Highlights

  • Fitness Center
  • Rooftop Deck
  • Contemporary Architecture
  • Fairhill Elementary School Rated A-
  • Open Floorplan
  • 2-minute walk to Penny Lane Park

About This Home

Welcome to 2942 Penny Lane, an exquisite contemporary townhouse nestled in the highly sought-after Mosaic District of Fairfax. This exceptional property offers a harmonious blend of luxury and comfort, designed to elevate your lifestyle. Step inside and be greeted by a spacious, open floor plan flooded with natural light and accented by rich hardwood flooring throughout. The heart of the home is the gourmet kitchen, featuring granite countertops, a stylish tiled backsplash, stainless steel appliances, a generous pantry, and a large island—perfect for culinary creations and casual gatherings. The adjoining living and dining areas, enhanced by recessed lighting, create an inviting space ideal for both relaxation and entertaining. Retreat to the serene primary suite, complete with a walk-in closet and a spa-inspired ensuite bath boasting a dual-sink granite vanity and a large walk-in shower. This home offers two versatile flex spaces to suit your lifestyle—whether you need a home office, gym, or creative studio, the possibilities are endless. A full-size washer and dryer are conveniently located on the bedroom level for added ease. The upper level features a spacious family room/flex space with double-door access to your private (10x18) rooftop terrace—perfect for morning coffee or unwinding under the stars. Recent improvements include upper level HVAC (2023) and lower level HVAC and Furnace (2024), water heater (2022), dishwasher (2022,) custom blinds throughout (2021) and custom stair runners and ceiling fans. Enjoy the vibrant Mosaic District lifestyle with 35 specialty shops, 35 acclaimed restaurants, a movie theatre, and a variety of services just steps from your front door including a free shuttle service to the Dunn Loring Metro Station (Orange Line). Other community amenities include access to a refreshing outdoor pool, state-of-the-art fitness center and a close-by dog park. Is this the one you've been looking for? Schedule a showing today!

Listing Agent

Joyce Sheftic

Coldwell Banker Realty License #0225149574 Listed on: 08/28/2025

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,459

Year Built

  • Built in 2014

Lot Details

  • 871 Sq Ft Lot
  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Brick Front

Interior Spaces

  • 1,906 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Atrium Doors
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on upper level
  • Front Loading Dryer
  • Front Loading Washer

Basement

  • Walk-Out Basement
  • Front Basement Entry
  • Basement with some natural light

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Rooftop Deck
  • Terrace

Schools

  • Fairhill Elementary School
  • Jackson Middle School
  • Falls Church High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 200+ Amp Service
  • Water Dispenser
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 0493 37020065

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, lawn maintenance, management, pool(s), recreation facility, reserve funds, road maintenance, snow removal, trash
  • Mosaic District Townhouse HOA
  • Mosaic At Merrifield Subdivision, Bryant Floorplan
  • Property Manager

Recreation

  • Fitness Center
  • Community Pool
  • Dog Park

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,459

Year Built

Built in 2014

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 8/28/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Buildout Allowance: No
  • Remarks Public: Welcome to 2942 Penny Lane, an exquisite contemporary townhouse nestled in the highly sought-after Mosaic District of Fairfax. This exceptional property offers a harmonious blend of luxury and comfort, designed to elevate your lifestyle. Step inside and be greeted by a spacious, open floor plan flooded with natural light and accented by rich hardwood flooring throughout. The heart of the home is the gourmet kitchen, featuring granite countertops, a stylish tiled backsplash, stainless steel appliances, a generous pantry, and a large island—perfect for culinary creations and casual gatherings. The adjoining living and dining areas, enhanced by recessed lighting, create an inviting space ideal for both relaxation and entertaining. Retreat to the serene primary suite, complete with a walk-in closet and a spa-inspired ensuite bath boasting a dual-sink granite vanity and a large walk-in shower. This home offers two versatile flex spaces to suit your lifestyle—whether you need a home office, gym, or creative studio, the possibilities are endless. A full-size washer and dryer are conveniently located on the bedroom level for added ease. The upper level features a spacious family room/flex space with double-door access to your private (10x18) rooftop terrace—perfect for morning coffee or unwinding under the stars. Recent improvements include upper level HVAC (2023) and lower level HVAC and Furnace (2024), water heater (2022), dishwasher (2022,) custom blinds throughout (2021) and custom stair runners and ceiling fans. Enjoy the vibrant Mosaic District lifestyle with 35 specialty shops, 35 acclaimed restaurants, a movie theatre, and a variety of services just steps from your front door including a free shuttle service to the Dunn Loring Metro Station (Orange Line). Other community amenities include access to a refreshing outdoor pool, state-of-the-art fitness center and a close-by dog park. Is this the one you've been looking for? Schedule a showing today!
  • Special Features: 4224
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Front Loading, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading, Icemaker, Water Dispenser
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Bathroom - Jetted Tub
  • Window Features: Double Pane, Energy Efficient
  • Fireplace: No
  • Door Features: Atrium
  • Foundation Details: Slab
  • Levels Count: 4
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Office, Bathroom 2, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Walkout Level, Front Entrance, Daylight, Partial
  • Laundry Type: Washer In Unit, Upper Floor, Dryer In Unit
  • Total Sq Ft: 1906
  • Living Area Sq Ft: 1906
  • Price Per Sq Ft: 550.89
  • Above Grade Finished Sq Ft: 1906
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2942

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front
  • Access To Pool: No
  • Exterior Features: Roof Deck
  • Pool Private: No
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No
  • Fencing: No

Garage/Parking

  • Garage Spaces: 2.00
  • Attached Garage: No
  • Garage: Yes
  • Open Parking: No
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Cooling: No
  • Electricity On Property: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Dog Park, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Name: MOSAIC DISTRICT TOWNHOUSE HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District: Fairfax County Public Schools
  • Elementary School: FAIRHILL
  • Middle School: JACKSON
  • High School: FALLS CHURCH
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 804028219436
  • Elementary School: FAIRHILL
  • High School: FALLS CHURCH
  • Middle Or Junior School: JACKSON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Land Use Code: 031
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Outdoor Living Structures: Terrace
  • Property Attached Yn: No
  • Property Condition: Excellent
  • Zoning: 402
  • Zoning Description: PDH-30
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Green Verification: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 11459.00
  • Assessor Parcel Number: 0493 37020065
  • Tax Lot: 65
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2025
  • Tax Opportunity Zone: No

MLS Schools

  • School District Name: Fairfax County Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,295 $974,980 $294,000 $680,980
2023 $10,344 $916,620 $288,000 $628,620
2022 $10,224 $894,100 $276,000 $618,100
2021 $10,225 $871,290 $257,000 $614,290
2020 $9,966 $842,040 $257,000 $585,040
2019 $9,966 $842,040 $257,000 $585,040
2018 $9,683 $842,040 $257,000 $585,040
2017 $9,776 $842,040 $257,000 $585,040
2016 $5,026 $837,040 $252,000 $585,040
2015 $9,341 $837,040 $252,000 $585,040
2014 $8,492 $779,620 $240,000 $539,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $1,050,000 +10.5% $551 / Sq Ft
06/01/2021 06/01/21 Sold $950,000 +5.6% $498 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $900,000 -- $472 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 Navy Federal Title Svcs Llc
Gift Deed -- None Available
Warranty Deed $873,198 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $156,000 Credit Line Revolving
Previous Owner $560,000 New Conventional
Previous Owner $625,500 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: VAFX2261128

Bright MLS

APN: 0493-37020065