Comstock Launches New Phase of Falls Grove Development

MANASSAS, VA— Comstock Homes of Washington, LC reports that it has begun the development of a new phase of its Falls Grove community here—The Estates at Falls Grove, a private enclave of 19 single-family detached homes.

The company, a wholly owned subsidiary of Comstock Holding Companies, Inc., based in Washington, DC, says that brisk sales of tits Roxbury and Latham townhome condominium models in the first phase of the community has led Comstock to accelerate the schedule for development of the Estates at Falls Grove, which it expects to generate $10 million in revenue.

Comstock began sales of the Falls Grove single family homes in late November. The line offers brand new products for Comstock—the Savoy, Chatham and Keswick models. The homes range in size from 2,200 to 3,000 square feet and are priced from $450,000. The models offer three to five bedrooms and two or three baths and a powder room.

Comstock has also started construction of the final section of the townhome style condominiums in the first phase of Falls Grove. The townhomes range in size from approximately 1,600 to 1,900 square feet and are priced from the high $200,000s. The townhomes feature three bedrooms, three bathrooms, upgraded appliances, granite countertops and designer cabinetry.

“The Falls Grove community provides home shoppers with numerous lifestyle choices at attractive prices in a tremendous location,” says Dennis Kelleher, division president of Comstock Homes of Washington, LC. “Sales of the townhomes in the first phase of Falls Grove have been strong because of the award winning designs and the strong value proposition. With our new line of unique single-family homes, we expect sales in this newest phase of the Falls Grove community to be strong as well. With a limited supply of estate lots, we expect to build out this phase of the community quickly.”