Parkfairfax Homes under $500,000

Welcome to Parkfairfax, a charming subdivision nestled in the heart of Alexandria, Virginia. This vibrant community offers a unique blend of suburban tranquility and urban convenience, making it an ideal destination for families, professionals, and first-time homebuyers alike.

Parkfairfax is known for its picturesque tree-lined streets, lush green spaces, and a rich history that dates back to the 1940s. The architecture here is a delightful mix of mid-century modern and contemporary designs, with many homes featuring spacious layouts and inviting outdoor areas. One of the most appealing aspects of this community is the availability of homes priced under $500,000, making it an attractive option for those looking to invest in a home without breaking the bank.

Residents of Parkfairfax enjoy easy access to a variety of amenities, including shopping centers, dining options, and recreational facilities. The community is conveniently located just minutes from Old Town Alexandria, where you can explore quaint boutiques, waterfront parks, and an array of cultural attractions. Additionally, the area is well-connected to public transportation, providing a seamless commute to Washington, D.C., and beyond.

With its affordable housing options, welcoming atmosphere, and proximity to the best that Alexandria has to offer, Parkfairfax is a hidden gem waiting to be discovered. Whether you're looking for your first home or considering a move to a vibrant community, Parkfairfax is the perfect place to call home. Come and experience the charm of this wonderful neighborhood today!

Newest Parkfairfax Homes under $500,000

3105 Martha Custis Dr, Alexandria — Parkfairfax $289,000

Welcome to ParkFairfax, a charming and amenity rich community offering the perfect blend of convenience and tranquility. Residents enjoy access to three swimming pools, t...

1 Beds
1 Baths
VAAX2066844 MLS
Parkfairfax Bldg.

Courtesy of Long & Foster Real Estate, Inc.

Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

1638 Preston Rd Unit 809, Alexandria image

1638 Preston Rd Unit 809, Alexandria — Park Fairfax $385,000

Freshly updated and move-in ready, this charming two-bedroom Parkfairfax residence combines classic character with thoughtful modern improvements. Tucked away in a peacef...

2 Beds
1 Baths
VAAX2066790 MLS
Park Fairfax Bldg.

Courtesy of Serhant

Listing courtesy of Serhant. Contact:

3727 Lyons Ln, Alexandria $389,000

Charming patio-level home in Alexandria's sought-after Parkfairfax community. This two-bedroom residence offers approximately 900 square feet of one-level living with 2 b...

2 Beds
2 Baths
VAAX2066490 MLS

Courtesy of Berkshire Hathaway HomeServices PenFed Realty

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact:

3319 Valley Dr, Alexandria $365,000

Welcome to historic beautiful Parkfairfax! This is a Madison model that faces a woody area. Updated kitchen with white shaker style quiet-close cabinets and drawers, new ...

2 Beds
1 Baths
VAAX2066620 MLS

Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty. Contact:

1919 N Quaker Ln, Alexandria — Parkfairfax $410,000

Welcome to this quaint two-bedroom townhouse-style condo, ideally located in the highly desirable Parkfairfax community. This home blends historic charm with thoughtful u...

2 Beds
1 Baths
VAAX2066556 MLS
Parkfairfax Bldg.

Courtesy of Compass

Listing courtesy of Compass. Contact:

3118 Wellington Rd, Alexandria $468,900 ▼

HIGHLY MOTIVATED SELLER!!!! Welcome home to this beautiful, turn-key end-unit townhome-style condo in the sought-after Parkfairfax community! Spanning two bright and airy...

2 Beds
1 Baths
VAAX2066482 MLS

Courtesy of Corcoran McEnearney

Listing courtesy of Corcoran McEnearney. Contact:

1617 Fitzgerald Ln, Alexandria $300,000

Welcome to 1617 Fitzgerald Lane, a beautifully updated one-bedroom, one-bathroom condominium located in the highly sought-after ParkFairfax Community in Alexandria, VA. T...

1 Beds
1 Baths
VAAX2066454 MLS

Courtesy of Corcoran McEnearney

Listing courtesy of Corcoran McEnearney. Contact:

3603 Gunston Rd, Alexandria $485,000 ▼

Welcome to 3603 Gunston Rd in ParkFairfax. This is a RARE 2-bedroom, 1 1/2 bathroom unit. that is thoughtfully updated blending original character with modern finishes. L...

2 Beds
2 Baths
VAAX2066330 MLS

Courtesy of Century 21 Redwood Realty

Listing courtesy of Century 21 Redwood Realty. Contact:

3506 Martha Custis Dr, Alexandria $300,000 ▼

The best of Parkfairfax. Quiet mews setting, nestled in the charming Parkfairfax community, this delightful 1-bedroom, 1-bathroom condo offers a perfect blend of comfort...

1 Beds
1 Baths
VAAX2066286 MLS

Courtesy of Corcoran McEnearney

Listing courtesy of Corcoran McEnearney. Contact:

1600 Ripon Pl, Alexandria — Parkfairfax $410,000

Welcome to 1600 Ripon Place, where the tranquility of a wooded retreat meets the convenience of city living. This charming two-level Madison model is on a cul-de-sac, and...

2 Beds
1 Baths
VAAX2065680 MLS
Parkfairfax Bldg.

Courtesy of Corcoran McEnearney

Listing courtesy of Corcoran McEnearney. Contact:

3413 Martha Custis Dr, Alexandria — Parkfairfax $350,000 ▼

Make an offer on this beautifully renovated condo in the highly desirable Parkfairfax community! Fresh, modern, and completely move in ready, this home has been thoughtfu...

2 Beds
1 Baths
VAAX2063508 MLS
Parkfairfax Bldg.

Courtesy of Ikon Realty

Listing courtesy of Ikon Realty. Contact:

1024 Valley Dr, Alexandria — Parkfairfax $299,900 ▼

Price Reduced to $299,000! Stop renting and start owning with this stunning, top-floor end unit in historic Parkfairfax, freshly renovated in summer 2026 and completely m...

1 Beds
1 Baths
VAAX2065262 MLS
Parkfairfax Bldg.

Courtesy of CENTURY 21 New Millennium

Listing courtesy of CENTURY 21 New Millennium. Contact: