525 Water St SW, Unit 403

$1,599,000
Price
2
Beds
1,295 Sq. Ft.
$1,235 / Sq. Ft.
1,295
Sq. Ft.
$1,235
per Sq. Ft.

Description

Welcome to Penthouse 403 at 525 Water, an extraordinary two-level condominium in the heart of the Southwest Waterfront. This rare residence offers high ceilings, custom upgrades, two garage parking spaces and a seamless blend of modern comfort and timeless sophistication, all just moments from the energy of The Wharf. Adding to its appeal, Penthouse 403 includes two secure garage parking spaces and an oversized storage unit, an amenity rarely available in the building and highly sought after in city...Welcome to Penthouse 403 at 525 Water, an extraordinary two-level condominium in the heart of the Southwest Waterfront. This rare residence offers high ceilings, custom upgrades, two garage parking spaces and a seamless blend of modern comfort and timeless sophistication, all just moments from the energy of The Wharf. Adding to its appeal, Penthouse 403 includes two secure garage parking spaces and an oversized storage unit, an amenity rarely available in the building and highly sought after in city living. The main level opens with ten-foot ceilings and a light-filled living and dining area anchored by a custom-built entertainment center with black granite detailing, a sleek quartzite-topped desk, and a matching full-length display shelf. The gourmet kitchen is both striking and functional, with custom oversized cabinetry and an upgraded, larger island, built-in pantry storage with pull-out shelving, white quartzite countertops, a designer full-height backsplash, and upgraded Electrolux Icon appliances. An InSinkErator instant hot water system and upgraded disposal elevate everyday living, while a private balcony extends the entertaining space outdoors. Completing this level is a spacious bedroom with adjustable closet shelving, and a built-in safe, paired with a beautifully appointed bath featuring white marble shower walls with designer accents, Porcelanosa flooring, granite surfaces, and custom cabinetry with integrated linen storage. Ascending the staircase, the upper-level features soaring eleven-foot ceilings and a dramatic primary suite. This retreat is enhanced by a custom wardrobe and shoe cabinet with granite accents, a dedicated dressing area with large mirrors and integrated lighting, and refined details such as track lighting, a ceiling fan, and exposed spiral ductwork that add a modern edge. The en-suite primary bath is finished with spa-like precision, offering white marble walls and wainscoting, water jet cut stone flooring, a granite vanity with a matching shelf, and a luxurious shower with dual shower heads, a built-in seat and shelving. Beyond the interiors, the residence offers private outdoor living with an expansive terrace designed for al fresco dining and entertaining, complete with a rare gas line for grilling or firepits. Additional thoughtful touches include a custom laundry room with a full-size Electrolux washer and ducted dryer, porcelain tile floors, adjustable shelving, and automatic lighting. Throughout the home, dimmable light fixtures, custom storage solutions, and high-end finishes reflect the attention to detail that defines this one-of-a-kind property. Perfectly positioned within 525 Water, this penthouse places you at the The Wharf’s dynamic waterfront, with premier dining, boutique shopping, entertainment venues, and tranquil green spaces just outside your door. With its expansive layout, bespoke upgrades, and private outdoor terrace, Penthouse 403 represents the pinnacle of waterfront living in Washington, DC.
  1. Listed by Michelle F Giannini • Hoffman Realty
    P: (202)-438-1021 michelle@hoffmandev-realty.com

Property Details for 525 Water Street Southwest, Unit 403

Tax ID Number
0473//2079
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
4
Structure Type
Penthouse Unit/Flat/Apartment
Style
Contemporary
Levels/Stories
2
LISTING UPDATED: 11/04/2025 12:47 AM

Property Details for 525 Water Street Southwest, Unit 403

StatusActive
MLS #DCDC2223850
Days on Market72
Taxes$7,434 / year
HOA Fees-
Condo/Co-op Fees$1,575 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2016
CountyDistrict of Columbia

Location

Listing Courtesy of Hoffman Realty
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Building Information for 525 Water Street Southwest, Unit 403

Building/Complex525 Water CondominiumFloor-Stories5Residences107Pet PolicyAllowedPet Policy DetailsCase by Case BasisYear Built2016

Payment Calculator

$10,096 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,901

Property Taxes

$620

HOA Dues

$1,575

The Payment Calculator is for illustrative purposes only.

Property Information for 525 Water Street Southwest, Unit 403

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Name: Potomac Channel
  • Water Body Type: River
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: 525 Water, A Condominium
  • HOA Condo Coop Mgmt Type: Professional - On-site
  • HOA Condo Coop Fee Includes: Water, Trash, Sewer, Management, Common Area Maintenance, Gas
  • HOA Condo Coop Amenities: Concierge, Common Grounds, Elevator, Exercise Room, Party Room
  • Property Manager Y/N: Yes
  • Other Fees: $250
  • Other Fees Frequency: One Time
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $1,007,360
  • Year Assessed: 2024
  • City Town Tax: $7,434
  • Zoning: MU-12
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size/Weight Restriction
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 0
All Upper Levels
  • # Bedrooms Count All Upper Levels: 1
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
  • # Bathrooms Half All Upper Levels: 0
Upper Level 1
  • # Bedrooms Count Upper Level: 1
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
  • # Bathrooms Half Upper Level: 0
Rooms
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Stories: Main, Upper 1
Rooms Information
Room 1
  • Room Type: Bathroom 2
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Living Room
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Laundry
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Bedroom 1
  • Room Level: Upper 1
  • Room Exists: Yes
Room 6
  • Room Type: Bedroom 2
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Bathroom 1
  • Room Level: Upper 1
  • Room Exists: Yes
Building Info
Building Info
  • Building Level Count: 4
  • Total Finished SQFT: 1,295.00
Lot / Land Information
Lot / Land Information
  • Soil Types: Urban Land Not Rated
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Number of Assigned Spaces: 2
  • Assigned Parking Space Number(s): G1-60 & G1-61
  • Parking Features: Assigned
  • Garage Features: Additional Storage Area, Inside Access
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Desk in Lobby
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: BBQ Grill
  • Outdoor Living Structures: Balcony, Terrace
  • Pool: No Pool
  • Horse: No
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 525 Water Street Southwest, Unit 403

DateEvent & SourcePriceAppreciation
Sep 26, 2025

Listed (Active)

BRIGHT #DCDC2223850

$1,599,000
DateEvent & SourcePrice
09/26/2025

Listed (Active)

BRIGHT #DCDC2223850

$1,599,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 525 Water Street Southwest, Unit 403

Taxable ValueLand$302,210Additions$705,150Total$1,007,360
Tax Record2025$7,666 ($639 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,212 SqFtAbove Grade Finished SqFt1,212 SqFtLot Size556 SqFtStyleCondominiumYear Built2016CountyDISTRICT OF COLUMBIAAPN0473 2079

Schools near 525 Water Street Southwest, Unit 403

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Amidon-Bowen Elementary School
PublicPK to 5

Jefferson Middle School Academy
Public6 to 8

Eastern High School
Public9 to 12

Excel Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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525 Water Street Southwest, Unit 403 is a condo for sale in Washington, DC 20024. This property was listed for sale on September 26, 2025 by Hoffman Realty, it's currently listed at $1,599,000. This listing's school district is District Of Columbia Public Schools. Nearby schools include Amidon-Bowen Elementary School, Jefferson Middle School Academy and Eastern High School. 525 Water Street Southwest, Unit 403 is a 2-bed, 2-bath, 1,295 sqft condo built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Hoffman Realty

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/04/2025 12:47 AM