506 S Payne Street, Alexandria, VA 22314
- $1,050,000
- 3
- BD
- 3
- BA
- 1,224
- SqFt
- Sold Price
- $1,050,000
- List Price
- $1,050,000
- Closing Date
- Jun 12, 2026
- Days on Market
- 7
- Status
- CLOSED
- MLS#
- VAAX2055388
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 1,224
- Lot Size (Acres)
- 0.05
- Style
- Colonial
- Year Built
- 1940
- County
- Alexandria City
- School District
- Alexandria City Public Schools
Property Description
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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Additional Information
- Subdivision
- Cavalier Homes
- Taxes
- $9609
- Interior Features
- 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
- School District
- Alexandria City Public Schools
- Elementary School
- Lyles-Crouch
- Middle School
- George Washington
- High School
- Alexandria City
- Fireplaces
- 1
- Fireplace Description
- Electric
- Flooring
- Hardwood
- View
- Garden/Lawn, Street
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Roof
- Other, Flat
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes