Chevy Chase has always been a hot neighborhood, home to the affluent and educated. Located in the northwest part of D.C., the 107-year-old district is a beautiful haven of serenity, a perfect place for small families and retirees looking for their own patch in a quiet and peaceful community.
Suburb within the City
Chevy Chase is a rather unique neighborhood – while in appearance and spirit truly suburban, its close proximity to Downtown makes it as much as part of the city as any outer area of D.C. This is something held dearly by residents of Chevy Chase, showing that a peaceful lifestyle in a green neighborhood doesn’t necessarily mean you’re not cut out for living in the city. The community sticks to traditional values – a patch of land and a small house, serving as a place to truly rest after a hard day of work in the urban jungle.
Abundant in parks and home to the highly regarded Lafayette Elementary School, Chevy Chase delivers everything you can ask for in terms of comfortable family life. Smaller corner stores like Broad Branch Market and comfortable gathering places like the Politics and Prose bookstore instill Chevy Chase with the friendly and positive small town feel. At the same time, large retail anchors like the Chevy Chase Pavilion and the Mazza Gallerie, cater to just about all shopping, dining and entertainment needs of the residents.
Small, but Affordable Homes
Part of the reason Chevy Chase has become so popular over the recent years, is because here a detached family house is not a unique luxury as it’s often seen in other parts of D.C. Calm leaf tree alleys lined up with small brick bungalows with a small green patch around is the norm. A lot of the residences hold special value, being hand-made as part of the “Seers Catalog Homes”, an early 19th century housing option where people would receive materials and instructions by mail to build their own home.
Median home value is around $1 million, which is a much more within reach compared to Georgetown or Cleveland Park where price of detached single-family homes is about $1.5 million. With irregular lots, unique projects and peculiar layouts, every home in Chevy Chase is unique. That’s exactly what the residents love about it – from the smallest tool shed to the largest villa, every aspect of the neighborhood has its own spirit and peculiar style, a trait often missing in modern up-scale development projects.
Average household income within a half-mile - $145k
Chevy Chase Pavilion renovation - $32M
SF of the new three-story H&M - 21.7k
Residents with bachelor’s degree or higher - 82%
Source : Neighborhood Profiles: 2014 Edition. (2014, February 17). Washington, DC Economic Partnership, Retrieved from http://www.wdcep.com/wp-content/uploads/2014/02/np14_final_lowres.pdf