Six Units Remain at Victoria Condo Development in DC
- Oct 29, 2014
Washington, D.C.—Urban Pace has announced that it has sold 10 of 16 condominium units at Drummond Development’s recently completed Victoria condominium development in Washington, D.C. The development, located at 1443 Chapin Street NW, is Drummond’s second condominium project on the street, following its Meridian Heights development, which completed in 2005.
“Victoria is our latest experiment in a series of condominium projects we have brought to market and it’s the finest work we’ve produced to date,” says Drummond Principal Steve Schwat. “Victoria has everything—ultimate convenience in location, well thought-out design elements, and exciting interior details—all at a very reasonable price including low condominium fees.”
Victoria is comprised of a mix of one- and two-bedroom residences, as well as four duplex penthouses. Prices for the units range from the $400,000s for one-bedroom units and the $600,000s for two-bedroom units to the $700,000s for penthouses, according to the property’s website, but Urban Pace President Lynn Hackney says that some have exceeded those amounts.
“Victoria condominiums have sold at prices ranging from $449,000 to $1.05million—an average of $725 per square foot, which is about $75 per square foot higher than we expected,” she says. “This is a reflection of the project’s quality construction, the highly desirable location, and its stunning design and interior finishes.”
Each unit features an assortment of luxury finishes and user friendly technology, including Nest “learning” programmable thermostats and smoke detectors. The luxury interiors include custom kitchens with 56-inch lighted wall cabinets, snow-white quartz countertops, stainless steel appliances, under-cabinet lighting, full-size washer and dryer, three-quarter-inch maple hardwood flooring, glass subway bath tile and custom LED lighting fixtures. Select units also include GE Monogram appliances such as double-wall ovens and over-the-range pot filler fixtures.
The primary draw of Victoria is its close proximity to Meridian Hill Park and other area conveniences such as retail, dining, entertainment and transit, including Metro access at 14th and U Streets, and the Columbia Heights Metro station several blocks to the north.
Other community features and services include underground parking, outdoor spaces, city views and elevator services, and storage.
“The secured underground garage is serviced by an elevator that takes owners directly to their homes,” Schwat says. “Autos, bicycles and strollers can be stored conveniently and securely. The individual homes’ floor-to-ceiling windows deliver awesome views of the city and carefully chosen amenities really do improve the living experience. The smoke detectors talk, the thermostats learn, there’s a place to plug in your iPhone, and there’s almost always a breeze because Victoria is at a higher elevation than most of the city.”