506 S Payne St

Alexandria, VA 22314
  • $1,050,000

    Price
  • 3

    Bed
  • 2.5

    Bath
  • 1,775

    SqFt

About the Listing COMPS6 - 154701

Nestled in Old Town Alexandria, 506 S Payne Street is an extraordinary townhome redefining exceptional living. This classic 3-bedroom, 2.5-bathroom townhome built in 1940 has been beautifully transformed to live like brand new, preserving its original structural quality while introducing today’s modern updates for the perfect balance of warmth, style and functionality. Step inside to discover a sunlit living space adorned with LED lighting, large picture window, engineered floors, crown molding and an elegant stacked stone wall with an inviting, eco-friendly electric fireplace. The open-concept kitchen is a culinary haven, featuring granite countertops, stainless steel appliances, accented backsplash and custom stained butcher block island. A half bath plus seamless flow from the kitchen to the living and dining areas and private outdoor patio creates an ideal setting for entertaining—whether it’s an intimate dinner party or casual weekend brunch. Upstairs, you’ll find a spacious main bedroom with an expanded walk-in closet and two additional bedrooms, one includes a washer/dryer hookup for upper level laundry. The renovated bathroom features a timeless finish and thoughtful clerestory window detail, ensuring natural light, convenience and sophistication. The lower level offers a second laundry hookup, storage, full bath, wet bar and versatile recreation space—perfect as a guest room, home office, gym or media room. The outdoor space sets this home apart - you’ll appreciate privacy in the back yard with a six foot, low maintenance pvc fence, plush green grass and a patio that feels like your own urban oasis. Imagine sipping your morning coffee or hosting summer outdoor gatherings. The shed provides storage for yard, hobby and entertaining essentials. Living here means being just steps away from the best of Old Town—King Street boutique shops, award-winning restaurants, scenic waterfront parks and Metro access for easy travel. Commuting is a breeze with an 87 walk score, 80 bike score plus minutes to access Route 1/I495. With its unbeatable location and undeniable charm, 506 S Payne St is more than a home—it’s a lifestyle and it’s waiting for you!

Listing Highlights

Status Active With Contingency
Days on Site 14
Property Type Townhome
MLS ® VAAX2055388
Year Built 1940
Total Square Footage 1,775
Lot/Acreage 0.05
Neighborhood Cavalier Homes
Elementary School Lyles-Crouch
Middle School George Washington
High School Alexandria City

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full / 1 Half
  • Appliances: Cooktop, Disposal, Dishwasher, Oven - Double, Refrigerator, Stainless Steel Appliances, Icemaker, Water Heater, Built-In Microwave
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces: 1, Electric,1 Fireplace
  • Floor: Hardwood
  • Above Ground Sq Ft: 1224
  • Below Ground Sq Ft: 551
  • Basement: Fully Finished,Improved,Walkout Stairs,Windows
  • Other: Combination Dining/Living,Combination Kitchen/Dining,Family Room Off Kitchen,Floor Plan - Open,Kitchen - Gourmet,Kitchen - Island,Bathroom - Stall Shower,Upgraded Countertops,Crown Moldings,Recessed Lighting,Skylight(s),Wet/Dry Bar,Wood Floors
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Rear Yard,Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Zoning: RB
  • Roof: Other,Flat
  • Others: Excellent
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $9,609
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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506 S Payne St Alexandria, VA 22314

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Originating MLS: BRIGHT_MAIN

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