Price Reduction - Waterfront
Listed By:
Real Broker, LLC
Address
525 Water Street SW # 319, Washington, DC
Price
$ 850,000
Property Attributes
  • MLS#DCDC2136214
  • TypeCondos
  • CountyWASHINGTON
  • CityWashington
  • NeighborhoodWaterfront
  • Zip20024
  • StyleContemporary
  • Year Built2016
  • Taxes$ 3086
  • Price$ 850,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage970
  • Lot Size0.01 Acres
Data Source:
Bright MLS
Property Description

Welcome to Residence #319 at 525 Water Street, an exemplary haven of modern luxury nestled in the heart of Washington DC's iconic Wharf district. This stunning waterfront property affords its residents an exceptional lifestyle, combining upscale living with unmatched convenience and access to the city's vibrant waterfront. Pull into your private parking in the building. Jump across the street to a park, restaurant, show or boat ride. Come back home to step into this 2 bedroom, 2 bathroom condominium, the immediate allure is the abundance of natural light streaming through the floor-to-ceiling windows. These expansive windows not only illuminate the space with a warm and inviting glow but also frame the captivating views of the waterfront and park, creating a serene backdrop to everyday living. The open-concept living area seamlessly transitions into a sleek, modern kitchen equipped with top-of-the-line stainless steel appliances, elegant cabinetry, and premium countertops. Whether entertaining guests or enjoying a quiet evening at home, this space is perfectly designed for both comfort and functionality. The opulence continues in one of the largest units in the building with a generously sized primary bedroom, which boasts its own private access to the balcony. Imagine waking up to the gentle sounds of the water and stepping directly outside to savor your morning coffee in the fresh air. The en-suite bathroom, with its chic finishes and fixtures, provides a spa-like retreat within your own home. The second bedroom, equally as plush, can serve as a guest room, home office, or creative space, with easy access to the second full bathroom, which is as lavishly appointed as the first. Step outside onto the balcony and you are greeted with a space that is perfect for al fresco dining, entertaining, or simply soaking in the breathtaking views of the waterfront. Residents of 525 Water Street enjoy a host of amenities designed to enhance the living experience. The friendly concierge service ensures a warm welcome home each day, while the lobby features a coffee bar ideal for those morning pick-me-ups. The spacious gym caters to all fitness levels, and the landscaped courtyard offers a tranquil escape from the hustle and bustle of city life. For those who commute or seek to explore the city, the convenience of living one block from the Waterfront Metro station cannot be overstated. Access to public transportation, as well as a variety of dining, shopping, and entertainment options, puts the best of DC right at your doorstep. Residence #319 at 525 Water is not just a home; it's a lifestyle. With its combination of modern luxury, enviable amenities, and a location that's second to none, this property is a rare gem in Washington DC's most sought-after waterfront community.

Price History
4/21/2024 Listed $900,000
5/8/2024 6% - $850,000

General Features

Sewer Public Septic
Heating Forced Air
Cooling Central A/C
Possession Immediate
Zoning LOOK UP
Garage Spaces 1.00
Association Fee Includes Common Area Maintenance,Ext Bldg Maint,Gas,Insurance,Parking Fee,Sewer,Snow Removal,Trash,Water
Architectural Style Contemporary
Construction Materials Combination
Year Built 2016
Levels 1
Unit Number 319
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Building Name 525 WATER
Accessibility Elevator
HOA Fee 2 970.00
County WASHINGTON
New Construction No
Property Type Residential
Association Amenities Common Grounds,Concierge,Elevator,Exercise Room,Party Room
HOA / Comm Assn No
Subdivision Name WATERFRONT
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Type address into GPS.
ModificationTimestamp 2024-05-22T04:33:06
City WASHINGTON
Buyer Agent Compensation 2.5
Senior Community Y/N No
Lot Size Square Feet 399.00
Tax Assessed Value 684290.0
Waterfront Y/N Yes
Street Name WATER
HOA Fee 2 Frequency Monthly
Tax Annual Amount 3086.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Yes
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total 876.29
Historic Y/N No
Vacation Rental Y/N No
Virtual Tour https://view.ricoh360.com/66388716-41f5-40b6-9f4c-c11cd4d13454
Total SQFT 970
Days on Market 21
Builder Name Pn Hoffman
Standard Status Active
Year Built Source Assessor
Legal Subdivision R. L. A. SW
Tax Lot 2064
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 970
Full Baths 2
Street Suffix STREET
Central Air Y/N Yes
Total Bedrooms 2
Entry Level 3
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Pool No Pool
Water Source Public
Total Parking Spaces 1
Garage Features Basement Garage
Type of Parking Parking Garage
Water View Y/N No
Lot Size Acres 0.01
Water Body Type Canal
Lot Size Units Square Feet
Lot Size Source Assessor
Builder Model Water view
Soil Types Urban Land Not Rated
Land Assessed Value 205290.00
Navigable Water Y/N No
Water Oriented Y/N Yes
Parking Garage - # of Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 20024

Price
AVG $910K
$850K
Taxes
AVG $41,313
$3,086
Visits
AVG 450
191
Data Provided by Inside Real Estate®
Year Built
AVG 1983
2016

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