318 N Quaker Ln Alexandria, VA 22304
Seminary Hill NeighborhoodEstimated payment $51,377/month
Highlights
- Water Views
- Cabana
- Wooded Lot
- Guest House
- 3.8 Acre Lot
- No HOA
About This Lot
An extraordinary offering in one of Northern Virginia’s most desirable locations, Clarens Estate is a rare, nearly 4-acre parcel in central Alexandria City with a unique opportunity for subdivision and residential development. According to a feasibility study conducted by RC Fields, the property can be subdivided into up to six individual lots, offering flexibility for developers or investors seeking a premium infill project in a highly coveted urban setting. Alternatively, retain the grandeur of the existing estate and parcel off a portion of the land for strategic development or long-term investment. Key development highlights include: potential to subdivide the property into a maximum of 6 lots, elevated topography with potential Potomac River views, rare large parcel within Alexandria city, prime location just 5 minutes from Old Town Alexandria and 15 minutes from Washington, D.C.See residential listing VAAX2043762 for additional details.
Listing Agent
(240) 498-4043 jaci.appel@wfp.com Washington Fine Properties, LLC Listed on: 05/27/2025
Co-Listing Agent
(703) 499-0251 hadley@thegoodhartgroup.com Washington Fine Properties, LLC License #5019951
Property Details
Property Type
- Land
Est. Annual Taxes
- $44,303
Lot Details
- 3.8 Acre Lot
- Masonry wall
- Wrought Iron Fence
- Privacy Fence
- Landscaped
- No Through Street
- Open Lot
- Wooded Lot
- Back, Front, and Side Yard
- 6 Lots in the community
- Property is zoned R 20
Property Views
- Water
- Scenic Vista
- Woods
- Garden
Additional Homes
- Guest House
Schools
- Alexandria City High School
Listing and Financial Details
- Tax Lot 505
- Assessor Parcel Number 25403000
Community Details
Overview
- No Home Owners Association
Recreation
- Cabana
- Poolside Lot
- Pool Equipment Shed
- Office or Studio
- Storage Shed
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $45,332 | $4,121,198 | $2,031,304 | $2,089,894 |
| 2024 | $45,332 | $3,903,396 | $1,925,460 | $1,977,936 |
| 2023 | $43,328 | $3,903,396 | $1,925,460 | $1,977,936 |
| 2022 | $42,356 | $3,815,830 | $1,877,513 | $1,938,317 |
| 2021 | $41,320 | $3,722,560 | $1,840,699 | $1,881,861 |
| 2020 | $42,126 | $3,666,104 | $1,840,699 | $1,825,405 |
| 2019 | $41,536 | $3,675,779 | $1,840,699 | $1,835,080 |
| 2018 | $43,272 | $3,829,413 | $1,937,578 | $1,891,835 |
| 2017 | $43,448 | $3,844,946 | $1,937,578 | $1,907,368 |
| 2016 | $41,256 | $3,844,946 | $1,937,578 | $1,907,368 |
| 2015 | $37,566 | $3,601,755 | $1,827,903 | $1,773,852 |
| 2014 | $37,115 | $3,558,517 | $1,827,903 | $1,730,614 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Price Changed | $8,950,000 | 0.0% | $1,177 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $8,950,000 | -10.1% | -- |
| 04/08/2025 04/08/25 | For Sale | $9,950,000 | -- | $1,309 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,900,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | Commercial | |
| Open | $2,183,000 | New Conventional | |
| Closed | $2,000,000 | No Value Available | |
| Closed | $1,000,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $500,000 | Credit Line Revolving | |
| Closed | $1,000,000 | No Value Available |
Source: Bright MLS
MLS Number: VAAX2045682
APN: 051.03-07-31
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