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.
Active
$1,149,000
525 Water St SW Unit 428, Washington, DC 20024
2beds
1,350sqft
Single Family Residence
Built in 2016
-- sqft lot
$-- Zestimate®
$851/sqft
$-- HOA
What's special
- --
- 156
- views
- 3
- saves
Zillow last checked:
Listing updated:
Listed by:
Renee Peres (301)651-0521,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12775642
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Bathroom (Full)
- Level: Second
- Area: 1 Square Feet
- Dimensions: 1X1
Bedroom 2
- Level: Second
- Area: 1 Square Feet
- Dimensions: 1X1
Kitchen
- Level: Main
- Area: 1 Square Feet
- Dimensions: 1X1
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,350 sqft
Property
Parking
- Total spaces: 1
- Parking features: Yes, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 0473 2104
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Washington
Financial & listing details
- Price per square foot: $851/sqft
- Tax assessed value: $1,060,940
- Annual tax amount: $8,652
- Date on market: 10/2/2026
- Ownership: Condo
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2016 | Sold | $1,099,900$815/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $8,882 +2.7% | $1,060,940 +2.6% |
| 2025 | $8,652 +3.1% | $1,033,570 +3.1% |
| 2024 | $8,390 +5.2% | $1,002,210 +5.1% |
| 2023 | $7,978 -3.1% | $953,340 -2.9% |
| 2022 | $8,231 -3.3% | $982,110 -3.2% |
| 2021 | $8,511 -1.3% | $1,014,610 +0% |
| 2020 | $8,624 -6.4% | $1,014,590 -6.4% |
| 2018 | $9,212 | $1,083,710 |
| 2017 | $9,212 | $1,083,710 |
Find assessor info on the county website
Monthly payment
Est. payment





