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The Preston Condos For Sale in Alexandria, VA

HomeAlexandria
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Current Real Estate Statistics for Homes in Alexandria, VA (Community: The Preston)

3
Homes Listed
37
Avg. Days on Site
$154
Avg. $ / Sq.Ft.
$185,200
Med. List Price

The Preston Condos For Sale | Alexandria, VA

The Preston at Potomac Yard is a boutique condominium building at 181 E. Reed Avenue, Alexandria, VA 22305, between Del Ray and Potomac Yard. With just 53 condominium residences, the building offers a smaller residential setting than many of the larger condo developments in Alexandria.

Buyers searching for The Preston condos for sale will find one- and two-bedroom residences, garage parking, community amenities, and access to the Potomac Yard Metro station. The location also places residents near the restaurants of Del Ray, shopping along Route 1, and employment centers in National Landing.

The Preston at Potomac Yard Fast Facts

Building The Preston at Potomac Yard
Address 181 E. Reed Avenue, Alexandria, VA 22305
Residences 53 condominiums
Stories 4
Year Built 2003, according to property records
Ownership Condominium
Neighborhood Potomac Yard / Del Ray corridor
Nearest Metro Potomac Yard, Blue and Yellow Lines
Parking Assigned garage parking; spaces vary by unit
Management Condominium association with professional management

The Preston Condos and Floor Plans

The Preston offers one- and two-bedroom condominiums with layouts suited to buyers seeking a manageable home near Metro. Individual residences may feature nine-foot ceilings, open living areas, kitchen islands, walk-in closets, in-unit laundry, and private balconies or patios.

Some ground-level residences have direct courtyard access, while upper-floor units may offer different views and outdoor spaces. Finishes vary because owners have updated their homes over time. Buyers comparing Potomac Yard homes for sale should review each listing's floor plan, parking allocation, and storage arrangements.

Building Amenities and Parking

The Preston provides several shared amenities without the scale of a high-rise condominium complex.

  • Fitness center
  • Community room and billiards area
  • Rooftop terrace
  • Landscaped courtyard
  • Elevator access
  • Garage parking
  • Storage facilities
  • Controlled building entry

Parking and storage rights can differ between units. Before purchasing, confirm the assigned spaces, condominium fees, included services, pet restrictions, and any planned building assessments.

Potomac Yard Metro and Commuting

One of The Preston's main advantages is its location near the Potomac Yard Metro station, which opened in 2023 and serves the Blue and Yellow Lines. Residents can use Metro to reach National Landing, Reagan National Airport, Pentagon City, and other destinations throughout the Washington metropolitan area.

Route 1 provides connections toward Old Town Alexandria, Arlington, and Crystal City. The nearby Virginia Tech Innovation Campus adds another recognizable destination to the Potomac Yard corridor.

Shopping, Restaurants, and Outdoor Recreation

The Preston sits near Potomac Yard Center, with shopping and everyday services along Route 1. Del Ray's Mount Vernon Avenue offers independently operated restaurants, coffee shops, and neighborhood businesses.

Buyers who enjoy outdoor activities can explore Potomac Yard Park, Four Mile Run, and nearby connections to regional walking and cycling routes. The restaurants and waterfront attractions of Old Town North are also accessible from the building.

For buyers considering other established Alexandria condo communities, Parkfairfax offers a different garden-style setting, while Carlyle Towers provides a larger condominium environment near Eisenhower Avenue.

What Buyers Should Know Before Purchasing

Condominium ownership involves more than evaluating the individual residence. Review the association's financial statements, reserve information, insurance coverage, governing documents, and recent meeting minutes. Ask whether any special assessments or significant maintenance projects have been approved or discussed.

Buyers should also confirm current pet policies and rental restrictions directly with the association. These details can affect how a residence fits your plans, particularly if you have pets or may rent the property in the future.

Frequently Asked Questions About The Preston Condos

Where is The Preston condominium located?

The Preston is located at 181 E. Reed Avenue in Alexandria, Virginia, near Potomac Yard and Del Ray.

How many condos are in The Preston?

The Preston contains 53 condominium residences in a four-story building.

When was The Preston built?

Property records generally identify 2003 as the construction year, although some marketing descriptions reference 2005.

Does The Preston have garage parking?

Yes. The building offers assigned garage parking. Buyers should verify the number of spaces conveyed with each unit.

Is The Preston near Potomac Yard Metro?

Yes. The Potomac Yard Metro station serves the Blue and Yellow Lines and is accessible from the building.

Are pets allowed at The Preston?

Pets are permitted subject to condominium association rules. Buyers should request the current written pet policy before purchasing.

Search The Preston Condos For Sale

Explore available condominiums at The Preston at Potomac Yard using the MLS listings on this page. Review interior photographs, floor plans, parking details, and property disclosures to compare available residences.

Buying or Selling at The Preston?

Dell Residential Group at Samson Properties can help you evaluate available condos, review building considerations, and navigate your Alexandria real estate transaction.

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