Property Highlights
Property Details
Price: $150,000
2 Bed
2 Bath
977 Sq Ft
Unassigned Parking
Year Built: 1968
Price: $150,000
2 Bed
2 Bath
977 Sq Ft
Unassigned Parking
Year Built: 1968
1523 Colonial Dr #303 is a two-bedroom, one-and-a-half-bath condominium in the Colonial Drive Condominiums, a well-established community in the Lake Ridge area of Woodbridge, Virginia. At 977 square feet, the residence offers a practical layout with meaningful HOA coverage that includes gas, heat, exterior building maintenance, pool access, and road maintenance. At a list price of $150,000, this residence represents an accessible entry point into Prince William County’s condominium market.
The Colonial Drive Condominiums have anchored the Lake Ridge corridor of Woodbridge since 1968, offering residents a low-maintenance ownership model backed by a comprehensive HOA structure. Unit 303 is a third-floor, two-bedroom residence with 977 square feet of living space and a layout that balances bedroom separation with shared living areas.
The HOA at Colonial Drive is notably inclusive, covering gas, heat, exterior building maintenance, insurance, pool access, reserve funds, and road maintenance. For an owner focused on predictable monthly costs, this structure meaningfully reduces the variables of homeownership.
Pool access is available to all residents through the association, providing a shared outdoor amenity without additional cost. Unassigned parking is available on the property for residents and guests.
At $150,000, this residence sits at an accessible price point within Prince William County’s condominium market, offering a two-bedroom configuration and full HOA coverage that is difficult to replicate at this level.
Neighborhood & Lifestyle
A snapshot of everyday conveniences, destinations and experiences just moments from your door.
Neighborhood & Lifestyle
A snapshot of everyday conveniences, destinations and experiences just moments from your door.
Property Location
The Colonial Drive Condominiums were built in 1968 and remain an established presence in the Lake Ridge area of Woodbridge, Virginia. Unit 303 is a third-floor, two-bedroom residence offering 977 square feet, one full bath, and one half bath. The building’s HOA structure is notably comprehensive, covering gas, heat, exterior maintenance, insurance, pool access, reserve funds, and road maintenance.
Woodbridge’s Lake Ridge area sits in Prince William County, offering residents access to the broader Northern Virginia suburban corridor. The community is positioned near retail, dining, and service options that serve everyday needs, with major commuter routes providing connectivity to employment centers throughout the region. The area has been a stable residential destination in Prince William County for decades.
Ownership at Colonial Drive is structured for low day-to-day maintenance responsibility. The HOA manages exterior upkeep, covers gas and heat, and maintains the community pool, allowing residents to focus on the interior of their residence rather than building-wide concerns. Unassigned parking is available on-site, and the third-floor position offers a degree of separation from ground-level activity.
A Wardman team member and the Wardman Residential team at Compass have experience working across the Northern Virginia condominium market, including Prince William County communities like Woodbridge and the Lake Ridge corridor. We have assisted both buyers and sellers in navigating the HOA-intensive condo segment, where understanding what an association covers is as important as the unit itself. If you are evaluating condominium ownership in Woodbridge or the surrounding Prince William County market, reach out — we are glad to share recent comparables and our perspective on the current landscape.
Key details about the residence, building, and location to help you evaluate this opportunity.
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5712 22nd St N, Arlington, VA 22205