Where the Old Money Lives in Northern Virginia (2025 Edition)
Posted
by Chris Colgan
on Saturday, June 28th, 2025 12:00pm.
Where the Old Money Lives in Northern Virginia (2025 Edition)
Key Highlights:
The Plains, VA is home to one of the wealthiest individuals in the world
Middleburg is Virginia's equestrian capital with centuries-old family estates
Old Town Alexandria's fortunes trace back to colonial ports and tobacco empires
McLean combines historic legacies with some of the most expensive modern real estate in the U.S.
In Northern Virginia, old money doesn't shout — it whispers. It doesn't flash new Ferraris; it preserves 200-acre estates, conservation easements, and equestrian legacies dating back to before the United States was born.
Let’s take a journey through the four most iconic old money enclaves in Northern Virginia and understand what truly separates generational wealth from high price tags.
The Plains, VA: Billionaire Privacy in a Town of 255
The Plains is a tiny town with a population of just 255—but it punches far above its weight. It's home to Jacqueline Mars, heiress to the Mars candy fortune, who resides at Stonehall Farm, a 200-acre estate surrounded by over 400 acres of conservation land.
“Wealth whispers” culture: No McMansions, just elegant estates tucked behind old stone walls
Median sold price: $820,000 (May 2025)
Equestrian land: ~$19,000/acre (limited availability due to easements)
Middleburg, VA: The Equestrian Capital of the East
Founded in 1787, Middleburg is where horse country meets heritage. Generational estates like Welbourne, owned by the Delaney family since 1812, tell stories of uninterrupted family legacy.
Established in 1749, Alexandria was once one of the top 10 busiest ports in America. Old Town's wealth was built through tobacco and shipping empires — and families like the Lees still echo in its streets.
Median list price: $1.3M (May 2025, up 44%)
Luxury homes: 18th/19th century architecture on cobblestone streets
Amenities: 200 independent shops and restaurants, museums, water taxis
Multigenerational land ownership, historic wealth preservation, and a focus on legacy over luxury.
2. Who lives in The Plains, VA?
Billionaire Jacqueline Mars, celebrities, and ultra-high-net-worth individuals seeking discretion.
3. Why is Middleburg known as horse country?
It’s home to century-old fox hunts, equestrian farms, and elite resorts like Salamander.
4. Is McLean really that wealthy?
Yes. It combines political, corporate, and old family wealth with top-tier real estate.
5. What is a conservation easement?
A legal agreement that limits development, preserving land and offering tax benefits.
6. How old is Old Town Alexandria?
Founded in 1749, it was one of colonial America’s busiest ports.
7. Can regular buyers afford these places?
Parts of them, yes. There are more affordable pockets in surrounding areas.
8. Why do old money homes appreciate slower?
There’s limited turnover. Long-term ownership preserves value but slows resale.
9. Are these areas still relevant in 2025?
Absolutely. Prestige, zoning protections, and historical value ensure desirability.
10. What’s the vibe like in these towns?
Sophisticated, private, and heritage-rich—think linen suits, vintage Land Rovers, and foxhunting clubs.
Ready to Buy or Sell in Old Money Country?
I’m Chris Colgan with the Colgan Team. I’ve lived in Northern Virginia my entire life and helped thousands relocate or invest here. If you're looking for generational real estate, you need an insider who knows the hidden pockets.
Luxury Listings, Northern Virginia Real Estate, Wealth & Lifestyle
Tags
Loudoun County, Old Money Virginia, Middleburg Luxury Homes, Best Towns for Wealth in VA, Generational Wealth Homes, McLean Million Dollar Homes, Historic Real Estate Northern VA