Recently Listed Open House 4/23 5pm - 7pm
506 S Payne Street
Alexandria, VA, 22314 $ 1,050,000
Bedrooms3 Baths2.1 Sq 1,775 Monthly Estimate*
$ 6,465
for $1,050,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,775 square foot townhouse was built in 1940 on a lot size of 0.05.
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 todays 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 entertainingwhether its an intimate dinner party or casual weekend brunch. Upstairs, youll 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 spaceperfect as a guest room, home office, gym or media room. The outdoor space sets this home apart - youll 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 TownKing 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 homeits a lifestyle and its waiting for you!
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Open House
4/23/2026 5:00 PM - 7:00 PM
506 S Payne Street Alexandria, VA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 1775
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Roof Other Flat
Appliances Cooktop Disposal Dishwasher Oven - Double Refrigerator Stainless Steel Appliances Icemaker Water Heater Built-In Microwave
Zoning RB
Patio/Porch Features Patio(s)
Architectural Style Colonial
Construction Materials Brick Masonry
School District ALEXANDRIA CITY PUBLIC SCHOOLS
Year Built 1940
View Garden/Lawn Street
Levels 3
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County ALEXANDRIA CITY
New Construction N
Property Type Residential
HOA N
Subdivision Name CAVALIER HOMES
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions gps
City ALEXANDRIA
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 2078.00
Tax Annual Amount 9609.0
Property Condition Excellent
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 857.84
Additional Parcels Y/N N
Vacation Rental Y/N N
Virtual Tour https://listings.hdbros.com/videos/019d7f67-da70-70ea-ba44-b0617311f30b?v=302
Standard Status Active
Year Built Source Assessor
Legal Subdivision CAVALIER HOMES
Tax Lot 508
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InteriorInterior Amenities 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
Heating Fuel Natural Gas
Basement Fully Finished Improved Walkout Stairs Windows
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Electric
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1224
Half Baths 1
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 551
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Bedroom 3 Kitchen Basement Laundry Utility Room Primary Bathroom Full Bath Half Bath
Below Grade Finished Area Unit Type Square Feet
Laundry Type Lower Floor
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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ExteriorPool No Pool
Fencing Fully Vinyl Privacy
Lot Features Front Yard Rear Yard
Water Source Public
Type of Parking On Street
Foundation Details Slab
Water View Y/N N
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 408756.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bykristie@dcmdvahomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,465
- Monthly Property Taxes
- $801
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTownhouse listings in Alexandria, VA
Average List Price $915,860
Percent of Sale Price 13%
About Alexandria, VA 161,089 Population
26% Since 2002
$ 91,233 Median Income
39.37 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
3534355 Elementary School
3533705 Middle School
Alexandria City High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/22/2026 | $1,050,000 | | Listed Price |