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For sale
  • Price cut: $51K (5/19)
    $1,799,000

    88 V St SW #Penthouse 1, Washington, DC 20024

    2beds
    1,395sqft
    : 
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    Condominium
    Built in 2020
    -- sqft lot
    $1,753,400 Zestimate®
    $1,290/sqft
    $1,314/mo HOA

    What's special

    Quartz waterfall islandUnrivaled panoramic horizonsReverse osmosis water system
    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.
    261 days
    |
    203
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gerard Muskus 954-257-9880,

    McWilliams/Ballard, Inc.

    Source: Bright MLS,MLS#: DCDC2225026MLS Logo

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      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

        $1,753,400

        $1.67M - $1.84M

        $5,227/mo

        Price history

        DateEventPrice
        5/19/2026Price change$1,799,000-2.8%$1,290/sqft
        Source: Bright MLS #DCDC2225026 Report a problem
        2/18/2026Price change$1,850,000-5.1%$1,326/sqft
        Source: Bright MLS #DCDC2225026 Report a problem
        10/16/2025Listed for sale$1,950,000+9.4%$1,398/sqft
        Source: Bright MLS #DCDC2225026 Report a problem
        8/5/2020Sold$1,782,750$1,278/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        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.
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        Climate risks

        Neighborhood: Southwest Waterfront

        Getting around

        47 / 100
        Car-Dependent
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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