Fun Facts to Know and Tell about Shadowood Condominium

Did you Know:

The chimney attached to the clubhouse was once used for the central heating plant. When the plant was decommissioned in the 1990s, bats moved in and there is now a thriving bat colony living in the chimney! Watch the bats leave their home near dusk some summer evening as they catch and eat mosquitoes.
Shadowood is the only condominium in South Reston with a clubhouse.
The Shadowood Condominium Association owns two units in the complex and pays itself monthly condo fees and utilities. The rental income generated from these units is added to replacement reserves.
Much like the Washington Monument, some Shadowood buildings have two (or more) slightly different brick colors. This is because the original developer, Gulf Reston, built the slabs and first floors of all buildings at the same time and then stopped construction because it could not sell the units. They stood, partially constructed, for several years before they were finished in the 1980s.
For a similar reason, the first units built (2200-2204 Castle Rock Square) were built with four levels. The original development plan called for 625 units in four-story buildings. When Gulf Reston struggled to sell the built units, it decided to build the remaining at three stories.
Although the rumor persists, Shadowood was never a rental community that later converted to condos. Some units, however, were sold under a rent-to-own plan.
Shadowood, like all high-performing organizations, borrows money to finance various projects using a $5 million line of credit.
Shadowood has a AAA credit rating (the best possible).
Shadowood has never had a special assessment and has fully funded reserves.
The original kitchens were built in one piece by Westinghouse and dropped into each unit by a crane as the unit was built around the kitchen!
One of Virginia's very first condominium developments, Shadowood is correctly known as a "Horizontal Property Regime." Our documents are governed by the Horizontal Property Act. Why it's called Horizontal, when the buildings are Vertical is anyone's guess!
The original sales prices were in the $20,000 range ($9,000,000 equity); most down payments are more than that today.
The current equity in the entire Shadowood property is nearly $150,000,000.00

See the History of Shadowood for a light-hearted history of Shadowood.

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Shadowood Images

A view from above, early 1970s Shadowood construction photos and sales and marketing brochures

1972_SCA_Sales_Brochure

1979 Sales Prices / Condo Fees

1990s Marketing Brochure

Gorgeous, Superbly Renovated Clubhouse -- Granite kitchen, warm welcoming lobby, meeting room with 55" Olevia HDTV, private conference room and library