




5408 Mount Vernon Memorial Hwy, Alexandria, VA, 22309
About This Home
Steeped in American history and positioned in one of Northern Virginia's most strategically valuable corridors, this rare land assemblage presents a monumental development opportunity. Offered exclusively as a combined package, 5400 and 5408 Mount Vernon Memorial Highway deliver approximately 2.83 contiguous acres of prime, high visibility Alexandria real estate. Located on land originally surveyed and owned by George Washington as part of his historic Mount Vernon Estate, this premier parcel grouping combines two distinct tax identification numbers to unlock a premier footprint for an ambitious builder, investor, or visionary looking to construct a private multiacre custom enclave. The layout of the development portfolio includes 5400 Mount Vernon Memorial Highway, which spans an expansive 1.7 acres and features a stately, sun drenched six bedroom, four and a half bath estate. This structure provides strong immediate rental income or an elegant primary residence while development plans are finalized, offering robust subdivision possibilities. Adjoining it is 5408 Mount Vernon Memorial Highway, consisting of approximately 1.13 acres. The existing cottage serves as a functional teardown, shifting the primary value to its superb, cleared acreage and expansive footprint. By bundling these adjoining properties, developers can bypass the friction of separate land acquisition, optimizing site layout, minimizing setback limitations, and maximizing total lot yield. Together, these properties, encompassing two parcels (Tax ID#s 109-2-01-0035 & 109-2-01-0034) are offered as a combined sale. Beyond its historical pedigree, the location offers exceptional lifestyle and commuting advantages, providing seamless access to major employment hubs, commercial centers, and transit infrastructure. Positioned minutes from Fort Belvoir, it offers effortless access for defense contractors and military personnel. Direct proximity to the George Washington Memorial Parkway, Route 1, and Interstate 95 ensures a smooth commute to the Pentagon, Joint Base Andrews, and downtown Washington, D.C. Residents will enjoy a high quality of life with immediate access to nearby Mount Vernon Plaza and local boutiques, providing a blend of national retailers and local specialties. Furthermore, the property is located just a short distance from the historic waterfront dining of Old Town Alexandria, vibrant eateries, local marinas, and the scenic Mount Vernon Trail, combining suburban privacy with an active lifestyle. This land assemblage represents a significant opportunity along a prestigious corridor, allowing developers to secure a substantial piece of Northern Virginia's heritage and shape its future.
Getting Around
Schools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Other
- Construction materials: Combination
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Humidifier,Ice Maker,Oven/Range - Electric,Refrigerator,Washer,Water Heater,Electric Water Heater
Basement
- Level: Lower
- Area: 208
- Dimensions: 13 X 16
Basement
- Has basement: Yes
- Basement: Full
Bedroom1
- Features: Flooring - HardWood
- Level: Main
- Area: 132
- Dimensions: 11 X 12
Bedroom2
- Features: Flooring - HardWood
- Level: Main
- Area: 120
- Dimensions: 10 X 12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Attic,Eat-in Kitchen,Floor Plan - Traditional
- Finished area below ground: 0
- Finished area above ground: 840
Heating & Cooling
- Heating features: Hot Water,Electric
- Cooling features: Ceiling Fan(s),Heat Pump,Electric
Interior Area
- Total structure area: 840
- Total interior livable area: 840 sqft
Kitchen
- Level: Main
- Area: 169
- Dimensions: 13 X 13
Living Room
- Features: Flooring - HardWood
- Level: Main
- Area: 208
- Dimensions: 13 X 16
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1092 01 0034
- Zoning: 120
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 1.13 Acres
- Features: Wooded
Parking
- Parking features: Circular Driveway,Off Street,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Heat Wave
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,135 | $145,620 |
| Home Insurance * | $525 | $6,300 |
| Property Taxes | $2,560 | $30,720 |
| Electricity | $202 | $2,433 |
| Total | $15,422 | $185,064 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2024-04-23 | Listing removed | -- |
| 2024-04-01 | Listed for rent | $2,300 |
| 2022-08-15 | Listing removed | -- |
| 2022-07-19 | Listed for rent | $2,150 |
| 2019-04-14 | Listing removed | $1,800 |
| 2019-03-07 | Price change | $1,800 |
| 2019-02-22 | Listed for rent | $1,900 |
| 2016-08-19 | Listing removed | $399,500 |
| 2016-07-27 | Price change | $399,500 |
| 2016-05-18 | Listed for sale | $417,500 |
| 2003-10-16 | Sold | $290,000 |
