A Waterfront Asset with Unmatched Scale Experience the crown jewel of Peninsula 88. Penthouse #1 is not simply a residence; it is a strategic acquisition in DC’s most transformative waterfront corridor. Boasting a rare 270-degree panoramic vista, this 1,850 sq ft home is defined by its massive 455 sq ft private, open-air terrace—the largest in the building with access from every room of the residence, zero overhead obstructions, offering unrivaled panoramic horizons and a true open-air sanctuary. ***Unparalleled Design & Convenience: Beyond the breathtaking views of the Anacostia and Potomac Rivers, PH1 offers a unique "triple-threat" of value: ***Expansive Outdoor Living: The terrace functions as a secondary living room, accommodating a full 8-person dining set and a fire-pit lounge—all with direct access from every room in the home. ***The Logistics Advantage: Includes two "VIP" extra-large parking spaces (no adjacent cars) and a massive 8'x6' storage unit, both strategically located next to the elevators for maximum convenience. ***Effortless Ownership: Positioned in a LEED Silver building with an efficient fee structure, this property is designed for both effortless high-end personal use as well as high-demand executive rental with long-term asset appreciation potential. National Park Activation: Ideally positioned for the long-term holder, PH1 sits adjacent to the newly activated $10M+ National Park Service rehabilitation project. With federal contracts for the park’s transformation now underway (2026), this residence offers a unique "front-row" advantage as Buzzard Point matures into DC’s premier recreational waterfront. The upcoming Anacostia Riverwalk Trail extension will soon provide seamless pedestrian connectivity directly behind the building. The Interior Experience: Floor-to-ceiling 9-ft windows frame the river from every vantage point. The residence features 6.25” wide-plank wood flooring, a chef’s kitchen with Viking appliances, and a quartz waterfall island. Recent upgrades include a reverse osmosis water system and remote-controlled window treatments throughout the home. Community & Location: Peninsula 88 This LEED Silver building offers a host of low-fee amenities: a top-floor community room and sky terrace with fire pits, billiard table, and grills; Onsite Building Manager & Remote Concierge; electric car charging; dog wash; and secure kayak storage. Embrace luxury waterfront living within walking distance of Nats Park, Audi Field, and the burgeoning retail at The Stacks.
For sale
$1,799,000
88 V St SW #Penthouse 1, Washington, DC 20024
2beds
1,395sqft
Condominium
Built in 2020
-- sqft lot
$1,764,200 Zestimate®
$1,290/sqft
$1,314/mo HOA
What's special
Quartz waterfall islandUnrivaled panoramic horizonsReverse osmosis water system
- 356 days
- 200
- 20
Zillow last checked:
Listing updated:
Listed by:
Gerard Muskus 954-257-9880,
McWilliams/Ballard, Inc.
Source: Bright MLS,MLS#: DCDC2225026
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Basement
- Area: 455
Heating
- Forced Air, Other
Cooling
- Central Air, Other, Electric
Appliances
- Included: Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- 9'+ Ceilings
- Flooring: Engineered Wood
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: No One Above
Interior area
- Total structure area: 1,850
- Total interior livable area: 1,395 sqft
- Finished area above ground: 1,395
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Basement, Covered, Garage Faces Side, Inside Entrance, Oversized, Underground, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Hallway(s)
Features
- Levels: One
- Stories: 1
- Pool features: None
- Waterfront features: River
Lot
- Features: Urban Land Not Rated
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 0667/S/2108
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Glass
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $1,314 monthly
- Subdivision: Capitol Gateway
HOA
- Has HOA: No
- Amenities included: Storage, Party Room, Other
- Services included: Gas, Trash, Reserve Funds, Parking Fee, Common Area Maintenance, Maintenance Structure
- HOA name: Peninsula 88
Location
- Region: Washington
Financial & listing details
- Price per square foot: $1,290/sqft
- Tax assessed value: $12,652
- Annual tax amount: $12,652
- Date on market: 10/16/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,VA Loan
- Inclusions: Murphey Bed / Sofa Combo Conveys With The Residence.
- Ownership: Condominium
Estimated market value
$1,764,200
$1.68M - $1.85M
$5,113/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Price change | $1,799,000-2.8%$1,290/sqft |
Source: | ||
| 2/18/2026 | Price change | $1,850,000-5.1%$1,326/sqft |
Source: | ||
| 10/16/2025 | Listed for sale | $1,950,000+9.4%$1,398/sqft |
Source: | ||
| 8/5/2020 | Sold | $1,782,750$1,278/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $15,505 +22.6% | $1,840,150 +22.3% |
| 2025 | $12,652 0% | $1,504,100 |
| 2024 | $12,656 0% | $1,504,100 |
| 2023 | $12,660 -0.1% | $1,504,100 |
| 2022 | $12,668 0% | $1,504,100 |
| 2021 | $12,672 | $1,504,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southwest Waterfront
Nearby schools
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.








