WATERFRONT LUXURY AT PENINSULA 88 ! Available Immediately! Experience the best of waterfront living in this elegant 2-bedroom, 2-bath residence at the coveted Peninsula 88. Perfectly positioned on the 5th floor with unobstructed views of the Anacostia River, this home blends modern sophistication with serene natural beauty--now available for flexible lease terms or rent-to-own. Step inside to discover soaring 9-foot ceilings, wide-plank wood flooring, and floor-to-ceiling windows that flood the space with natural light. The gourmet kitchen features sleek quartz countertops, under-cabinet lighting, and premium stainless steel appliances. Both bedrooms offer generous walk-in closets, spa-inspired bathrooms, and direct balcony access for captivating river views. Residents enjoy an elevated lifestyle with resort-style amenities, including a breathtaking rooftop Sky Terrace with fire pits, grilling stations, and sweeping water and city vistas. Additional amenities include a community lounge, full-time concierge, secured garage parking, refrigerated package storage, EV charging stations, pet wash area, and kayak and bike storage. Ideally located at the tip of Buzzard Point--just moments from The Wharf and Navy Yard--Peninsula 88 offers the perfect blend of tranquility, luxury, and convenience. Whether you're seeking a short-term stay or exploring a rent-to-own opportunity, this waterfront retreat adapts beautifully to your lifestyle.
For sale
Price cut: $26K (4/26)
$899,000
88 V St SW #509, Washington, DC 20024
2beds
1,015sqft
Condominium
Built in 2020
-- sqft lot
$883,300 Zestimate®
$886/sqft
$936/mo HOA
What's special
Premium stainless steel appliancesSleek quartz countertopsGenerous walk-in closetsGourmet kitchenUnder-cabinet lightingWide-plank wood flooringSpa-inspired bathrooms
- 75 days |
- 127 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Robert Schlee 202-766-9892,
Coldwell Banker Realty - Washington
Source: Bright MLS,MLS#: DCDC2254854
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Washer, Oven/Range - Gas, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Disposal, Range Hood, Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Open Floorplan, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Kitchen - Gourmet, Walk-In Closet(s), Bathroom - Walk-In Shower
- Flooring: Hardwood, Ceramic Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,015
- Total interior livable area: 1,015 sqft
- Finished area above ground: 1,015
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Underground, Secured, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Features: Urban Land Not Rated
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0667/S/2060
- Zoning: CG-5
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $936 monthly
- Subdivision: Southwest Waterfront
HOA
- Has HOA: No
- Amenities included: Community Center, Elevator(s), Fitness Center, Party Room, Picnic Area, Concierge
- Services included: Common Area Maintenance, Maintenance Structure, Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Gas, Management
- HOA name: Peninsula 88
Location
- Region: Washington
Financial & listing details
- Price per square foot: $886/sqft
- Tax assessed value: $920,290
- Annual tax amount: $7,693
- Date on market: 4/16/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Estimated market value
$883,300
$839,000 - $927,000
$3,940/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2026 | Price change | $899,000-2.8%$886/sqft |
Source:  Bright MLS #DCDC2254854 Report a problem | ||
| 4/16/2026 | Listed for sale | $925,000+2.9%$911/sqft |
Source: Bright MLS #DCDC2254854 Report a problem | ||
| 4/8/2026 | Listing removed | $4,000$4/sqft |
Source: Bright MLS #DCDC2249504 Report a problem | ||
| 3/9/2026 | Listed for rent | $4,000+5.3%$4/sqft |
Source: Bright MLS #DCDC2249504 Report a problem | ||
| 3/2/2026 | Listing removed | $3,800$4/sqft |
Source: Bright MLS #DCDC2229558 Report a problem | ||
| 1/18/2026 | Price change | $3,800-5%$4/sqft |
Source: Bright MLS #DCDC2229558 Report a problem | ||
| 1/12/2026 | Price change | $4,000-11.1%$4/sqft |
Source: Bright MLS #DCDC2229558 Report a problem | ||
| 12/26/2025 | Price change | $4,500-5.3%$4/sqft |
Source: Bright MLS #DCDC2229558 Report a problem | ||
| 11/14/2025 | Price change | $4,750-5%$5/sqft |
Source: Bright MLS #DCDC2229558 Report a problem | ||
| 10/29/2025 | Listed for rent | $5,000$5/sqft |
Source: Bright MLS #DCDC2229558 Report a problem | ||
| 9/18/2025 | Listing removed | $899,000$886/sqft |
Source: Bright MLS #DCDC2211010 Report a problem | ||
| 7/7/2025 | Price change | $899,000-2.8%$886/sqft |
Source: Bright MLS #DCDC2174914 Report a problem | ||
| 6/9/2025 | Price change | $925,000-2.6%$911/sqft |
Source: Bright MLS #DCDC2174914 Report a problem | ||
| 5/6/2025 | Price change | $950,000-1.6%$936/sqft |
Source: Bright MLS #DCDC2174914 Report a problem | ||
| 2/20/2025 | Price change | $965,000-1.5%$951/sqft |
Source: Bright MLS #DCDC2174914 Report a problem | ||
| 1/16/2025 | Listed for sale | $979,900$965/sqft |
Source: Bright MLS #DCDC2174914 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,689 -0.1% | $920,290 |
| 2024 | $7,693 -0.1% | $920,290 |
| 2023 | $7,697 -0.1% | $920,290 |
| 2022 | $7,705 +19.2% | $920,290 +18.9% |
| 2021 | $6,467 | $774,060 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Southwest Waterfront
Nearby schools
GreatSchools rating
- 4/10Amidon-Bowen Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Jefferson Middle School AcademyGrades: 6-8Distance: 1.2 mi
- 3/10Eastern High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington, DC
- District of Columbia
- Washington
- 20024
- Southwest Waterfront
- 88 V St SW Unit 509
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