Change Real Estate Presents:

506 S Payne Street
Alexandria VA 22314

For Sale: $1,050,000.00 Active

List Date: 2026-04-22

Alexandria
3 bedrooms
3 bathrooms
1,775 build ft2
2,078 land ft2

About This Property

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!

Listing Agent: Kristie A Zimmerman. Compass 703-786-6155 kristie@dcmdvahomes.com

Virtual Tours / Videos

https://listings.hdbros.com/videos/019d7f67-da70-70ea-ba44-b0617311f30b?v=302

Property Features

Location Information
County:
Subdivision: CAVALIER HOMES
Interior Features
Appliances: Cooktop, Disposal, Dishwasher, Oven - Double, Refrigerator, Stainless Steel Appliances, Icemaker, WaterHeater, Built-In Microwave
Interior: Combination Dining/Living, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Bathroom - Stall Shower, Upgraded Countertops, Crown Moldings, Recessed Lighting, Skylight(s), Wet/Dry Bar, Wood Floors
Laundry:
Furnished: None
Flooring: Hardwood
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: 1
Windows:
Utilities:
Sewer: Public Sewer
Rooms
Room Type: Primary Bedroom
Level: Upper 1
Room Type: Primary Bathroom
Level: Upper 1
Room Type: Bedroom 2
Level: Upper 1
Room Type: Bedroom 3
Level: Upper 1
Room Type: Kitchen
Level: Main
Room Type: Living Room
Level: Main
Room Type: Dining Room
Level: Main
Room Type: Half Bath
Level: Main
Room Type: Basement
Level: Lower 1
Room Type: Laundry
Level: Lower 1
Room Type: Full Bath
Level: Lower 1
Room Type: Utility Room
Level: Lower 1
Exterior Features
Year Built: 1940
Legal Subdivision: Cavalier Homes
Subdivision Name: Cavalier Homes
Schools
Elementary School: Lyles-Crouch
Junior High School: George Washington
High School: Alexandria City

IDXListing Courtesy of Kristie A Zimmerman. Compass 703-786-6155 kristie@dcmdvahomes.com

Property Photos [Click to enlarge]

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