506 S Payne St, Alexandria, VA 22314
Local realty services provided by:Mountain Realty ERA Powered
Listed by: kristie a zimmerman
Office: compass
MLS#:VAAX2055388
Source:BRIGHTMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$591.55
About this home
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!...
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Home facts
- Year built:1940
- Listing ID #:VAAX2055388
- Added:4 day(s) ago
- Updated:April 27, 2026 at 01:44 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Hardwood
- Dining Description:Combination Dining/Living, Combination Kitchen/Dining, Dining Room
- Bathrooms Description:Full Bath, Half Bath, Primary Bathroom
- Kitchen Description:Built-In Microwave, Cooktop, Crown Moldings, Dishwasher, Disposal, Icemaker, Kitchen - Gourmet, Kitchen - Island, Oven - Double, Recessed Lighting, Refrigerator, Stainless Steel Appliances, Upgraded Countertops, Water Heater, Wet/Dry Bar
- Bedroom Description:Primary Bedroom
- Basement:Yes
- Basement Description:Fully Finished, Improved, Walkout Stairs, Windows
- Living area:1,775 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1940
- Building area:1,775 sq. ft.
- Lot area:0.05 Acres
- Lot Features:Front Yard, Rear Yard
- Architectural Style:Colonial
- Construction Materials:Brick, Masonry
- Exterior Features:Patio(s)
- Foundation Description:Slab
- Levels:3 Story
Schools
- High school:ALEXANDRIA CITY
- Middle school:GEORGE WASHINGTON
- Elementary school:LYLES-CROUCH
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$591.55
- Tax amount:$9,609 (2025)
Features and amenities
- Laundry features:Laundry
- Amenities:Crown Moldings, Recessed Lighting, Skylight(s), Wet/Dry Bar
Parking
- Parking description:On Street
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