506 S Payne St, Alexandria, VA 22314

$1,050,000
3
BD
3
BA
1,775
SqFt

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Sold Price
$1,050,000
List Price
$1,050,000
Status
CLOSED
Days on Market
7
Closing Date
Jun 12, 2026
MLS#
VAAX2055388
Subtype
Residential
Style
Colonial
Year Built
1940
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,775
Lot Size
2,078
Acres
0.05
Subdivision
Cavalier Homes

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!

Additional Information

Interior Features
Dining Combo, Dining Combo, Family Room Off Kitchen, Open Floor Plan, Gourmet Kitchen, Kitchen Island, Shower Stall, Upgraded Countertops, Crown Molding, Recessed Lighting, Skylight(s), Bar, Wood Floors
Taxes
$9,609
Property Description
Colonial
Zoning
RB
Flooring
Hardwood
Appliances
Cooktop, Disposal, Dishwasher, Double Oven, Refrigerator, Stainless Steel Appliance(s), Ice Maker, Water Heater, Built-In Microwave
Heating
Forced Air
Air Conditioning
Central Air
Levels
Three Or More
Roof
Other, Flat
Foundation
Slab
School District
Alexandria City Public Schools
Elementary School
Lyles-Crouch
Middle School
George Washington
High School
Alexandria City
View
Garden, Street

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Calculator source: Real Geeks

Listing courtesy of Compass. Contact:

Selling Office: Corcoran McEnearney.