Northern Virginia just crossed a major milestone — and it didn’t happen in Arlington or Tysons.
It happened in Reston.
According to the Washington Business Journal, a penthouse at the JW Marriott Residences Reston just sold for $10.25 million, setting a new all-time record for a condo in Virginia.
Read the full story here: https://www.bizjournals.com/washington/news/2026/04/28/reston-jw-marriott-condo-sale-record.html
The Details That Stand Out
This wasn’t just any unit.
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More than 5,700 square feet of interior living space
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Over 2,000 square feet of outdoor balcony space
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360-degree panoramic views of Reston, Tysons, and the Appalachian foothills
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A final price that nearly doubles the previous Virginia condo record of $5.65 million
The buyer combined two penthouse units into one, creating a true one-of-a-kind residence at the top of the building.
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Why This Matters
This sale is more than just a headline. It’s a signal.
For years, Northern Virginia’s luxury condo market has typically topped out in the $3 million to $5 million range. Crossing into eight figures changes the conversation entirely.
It shows that Northern Virginia is no longer just a high-income suburban market — it is evolving into a true luxury destination with pricing power that can compete at a much higher level.
JW Marriott Reston, VA
The Bigger Vision Behind It
The sale is part of the broader Reston Station and Reston Row development, led by Comstock Holding Companies.
This is not a standalone building. It’s part of a larger mixed-use vision that includes:
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A 248-room JW Marriott hotel
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93 branded luxury residences
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Trophy office buildings
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Retail, restaurants, and public spaces
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Direct access to the Silver Line Metro
Developments like this are reshaping how people think about suburban living in Northern Virginia.
My Take
I’ve personally been inside the models at the JW Marriott Residences, and I can say this with confidence:
Comstock is building at a different level.
They are a developer with real vision and pride in their product. Everything feels intentional — from the finishes to the amenities to how the entire community is designed to function together.
It’s not just about luxury for the sake of it. It’s about creating a complete lifestyle experience that feels first class from start to finish.
What to Watch Next
This likely won’t be a one-off.
There are already more high-end projects in the pipeline across Northern Virginia, including branded residences coming to Tysons. As more of these developments come online, expect continued pressure on the upper end of the market.
Metro-accessible, walkable, mixed-use environments are becoming the new standard for luxury in this region.
Bottom Line
A $10 million condo sale in Reston would have sounded unrealistic just a few years ago.
Now it’s the new benchmark.
And it’s a clear sign that Northern Virginia’s real estate market is entering a new phase.
About Chris Colgan
Chris Colgan is the founder of Real Nova Network and team leader of Chris Colgan – eXp Realty – Powered by PLACE.
Through colganteam.com and realnovanetwork.com, Chris covers Northern Virginia real estate trends, major developments, and hyper-local market updates to help buyers and sellers make confident decisions.
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