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506 S Payne St photo 1
for saleNew — 2d on marketopen: Sun 2-4pm (4/26)
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$1,050,000

3beds
|
3baths
|
1,775sqft
|
1940built
506 S Payne St,Alexandria, VA 22314

Est.$6,904/moCustomize payment

Open houses

Apr26

Sunday, April 26

14:00 – 16:00

What's special

Just listed

On the market for 2 days

$592/sqft

Price per square foot

Built in 1940

86 years old

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-concep...

Listed by Kristie A Zimmerman, Compass

703-786-6155 · kristie@dcmdvahomes.com · Office 703-266-7277

MLS #VAAX2055388 · Listed April 22, 2026

Property details

Cost estimate

Est. monthly payment

$6,655/mo
Principal & interest
$5,504
Property tax
$801
Home insurance (est.)
$350

Down payment

$210,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($210,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Customize scenario

Price history

DateEventPrice
Apr 22, 2026Listed for sale$1,050,000

Location

506 S Payne St, Alexandria, VA 22314

Nearby schools

LYLES-CROUCH

Elementary School

GEORGE WASHINGTON

Middle School

ALEXANDRIA CITY

High School

Nearby homes

$1,050,000

3 beds · 3 baths · 1,775 sqft