Crestwood

     Many consider Crestwood to be one of Washington's best kept secrets. 
     Nestled into Rock Creek Park, this quiet, suburban neighborhood is filled with stately homes built at the beginning of World War II on generously sized lots.
    Crestwood is bounded to the north by Colorado Avenue, to both the south and west by Rock Creek Park, and to the east by 16th Street.
     Indeed, the grandeur of the homes lining 16th Street -- not to mention the wealthy homeowners those residences attracted in the 1920s -- earned the area the nickname: "The Gold Coast."
     Crestwood abounds with spacious detached Tudors and Colonials (both the traditional Flemish red brick style, as well as the stucco-faced Spanish Colonials). 
     Row houses also can be found in the neighborhood. But unlike other parts of the city where such homes often are narrow, Crestwood's row houses include large porch-fronted farmhouses that boast either green or red terra cotta roofs. 
    No matter what the architectural style though, most all of the homes have one thing in common: true craftsmanship. These homes were designed with gracious entertaining in mind, as evidenced by the floor plans and the formal dining rooms.
     As Crestwood is strictly residential, with absolutely no commercial endeavors in the neighborhood, a car is a must here. But if you have a car, Crestwood has easy access to downtown DC or Maryland via 16th Street, as well as Virginia via Rock Creek Park.
     Sen. John D. Rockefeller (D-W.Va.) liked the area so much that he purchased a 22-acre estate in the neighborhood nearly 20 years ago. 
     Rockefeller's multi-million dollar home aside... Crestwood homes typically sell for less than comparative homes in other upper northwest neighborhoods west of Rock Creek Park.  However, in recent years, home prices have been climbing steadily. 
    But there are still a few "deals" to be had -- like the former home of the Israeli Embassy. Located at 4800 17th Street, NW, the 6,000 square foot mansion sold in May 2001 for $600,000. 
     Adding to the neighborhood's charm is its proximity to the Carter Barron Amphitheater.  Located in Rock Creek Park (near the intersection of 16th Street and Colorado Avenue), this outdoor Greek-style theater offers wonderful concerts and theatrical productions throughout the summer -- including free performances of Shakespearean plays!
     To read a Washington Post article about Crestwood, click here. To learn more about the neighborhood, click here.



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FAST FACTS*

Average 3 BR House:  $552,187
Average 4 BR House:  $849,416
Average 5 BR House:  $723,214
Average 6 BR House:  $955,000


Range in Prices: $500,000 - $1.2 million

$500,000 paid for a 3BR contemporary on a 3,000 square foot lot in September 2003.
$1.2 million paid for a newly constructed (circa 2000) 4BR with pool on 1/2 acre treed lot in September 2003.

*Based on MLS Data for the Six-month Period Ending January 2004.