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$1,149,000
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Property Description
Welcome to 525 Water Street SW, a beautifully customized top-floor residence in the heart of Southwest Waterfront. This spacious 2-bedroom, 2-bathroom condo offers approximately 1,350 square feet of thoughtfully designed living space, garage parking, and a rare wraparound terrace with views of the Potomac River. Natural light pours through oversized floor-to-ceiling windows, highlighting the hardwood floors, open layout, and stylish upgrades throughout. The gourmet kitchen opens seamlessly to the living and dining areas, creating an inviting space for both everyday living and entertaining. The current owners have invested in meaningful improvements, including custom closet systems, enhanced storage solutions, and a redesigned second bathroom. The spacious primary suite features a customized walk-in closet and a luxurious ensuite bath with double vanities and elegant finishes. A generously sized second bedroom and full bath provide flexibility for guests, a home office, or both. One of the home's standout features is its exceptional outdoor space. The private wraparound terrace offers plenty of room for dining, relaxing, and taking in river views, creating a true indoor-outdoor lifestyle rarely found in the city. Residents enjoy access to a fitness center, resident lounge, landscaped courtyard with grilling area, full-time concierge service, video security, assigned garage parking, and in-unit laundry. Perfectly positioned at The Wharf, this home places some of DC's best restaurants, shops, entertainment, and waterfront activities just steps away. Combining modern comfort, custom upgrades, and an unbeatable location, 525 Water Street SW offers a unique opportunity to enjoy one of the city's most vibrant waterfront communities.
Full Property Details
Full Property Details for 525 Water St #428
General
- Price: $1,149,000
- Taxes: $8,652 (2025)
- Status: Active
- Type: Condo /Townhouse
- Source: MRED
- MLS ID: 12775642
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Attached, Garage
Location
- Area: Out of Area South
- Township: RLA
- Driving Directions: On Water St SW, between Maine Ave SW and P Pl SE and 6th St SW
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 100lbs.
- Mgmt. Company: R. L. A. SW (WASHINGTON DC)
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Penthouse
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 4
- Stories/Levels: 2
- Square Feet: 1,350
- Sq. Ft. Source: Survey
- Year Built: 2016
Unit Information
- Units in Building: 107
Lot Features
- Lot Dimensions: Condo
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assessment Year: 2016
- Tax Amount: $8,652
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 0473 2104
Listed by Compass
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Tax History
Tax History for 525 Water St #428
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,652
3%
$1,033,570
3%
2024
$8,390
3%
$1,002,210
5%
2023
$8,184
-1%
$953,340
-3%
2022
$8,231
-3%
$982,110
-3%
2021
$8,511
-1%
$1,014,610
—
2020
$8,624
3%
$1,014,590
3%
2019
$8,408
-9%
$989,220
-9%
2018
$9,212
—
$1,083,710
—
2017
$9,212
—
$1,083,710
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 525 Water St #428
525 Water Street #428, Washington, DC 20024 (MLS# 12775642) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 525 Water Street #428 is currently listed for $1,149,000 and was received on October 01, 2026. Want to learn more about 525 Water Street #428? Do you have questions about finding other Condo / Townhouse real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.
