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Back 506 South Payne Street
Off Market

506 South Payne Street

Alexandria VA 22314

3
3
1775 sq. ft.
2078 sq. ft.
Townhouse
Last sold for $1,050,000
Kristie ZimmermanKristie Zimmerman, last sold this property on 12 June 2026 after 50 days on market.

Overview

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!

Features

3 bedrooms
3 bathrooms
1775 sq. ft. floor area
2078 sq. ft. lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Alexandria over the last 12 months, the estimated median property value of 506 South Payne Street is $1.23m.

Median value
$1.23m
Estimated value range
$575k - $3.4m
Median days on market
7
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Alexandria. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 506 South Payne Street

2026
Sold
$1,050,000
12 Jun 2026 by Kristie Zimmerman, of Compass
2024
Sold
$815,000
05 Feb 2024 by Saad Jamil, of Samson Properties

Happy sellers in Alexandria

92%
92% of sellers in Alexandria reported that their sale price either exceeded or met their price expectations.

Alexandria stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Alexandria over the last 12 months.

Local market activity for 3 bedroom townhouses in Alexandria

In the last 12 months, 140 three-bedroom townhouses similar to 506 South Payne Street, have been sold.

This represents a 26% increase in three-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Alexandria

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Jillian Keck Hogan

Jillian Keck Hogan is an award winning recommended agent for Alexandria.  They have 11 local sales and collected 2 local reviews across the last 12 months.

  •   5   (31 reviews)
  •  2 Reviews in Alexandria
  •  11 Sales in Alexandria
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Kerry Adams

Kerry Adams is an award winning recommended agent for Alexandria.  They have 8 local sales and collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in Alexandria
  •  8 Sales in Alexandria
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Tobin Seven

Sellers who recommend Tobin Seven have praised them for being local expert, dedicated, reliable, clear communication, responsive, strategic, and supportive

  •   5   (40 reviews)
  •  1 Review in Alexandria
  •  3 Sales in Alexandria
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Cynthia Howar

Sellers who recommend Cynthia Howar have praised them for being local expert and supportive

  •   5   (20 reviews)
  •  1 Review in Alexandria
  •  1 Sale in Alexandria
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