$1,599,000

Estimated payment $10,673/month

2 Beds
2 Baths
1,295 Sq Ft
$1,235 Price per Sq Ft

Highlights

  • Concierge
  • 4-minute walk to Waterfront-Seu
  • Water Oriented
  • Fitness Center
  • Penthouse
  • 3-minute walk to Southwest Waterfront Park

About This Home

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.

Listing Agent

Michelle Giannini

(202) 438-1021 michelle@hoffmandev-realty.com Hoffman Realty License #BR98368600 Listed on: 09/26/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,434

Year Built

  • Built in 2016

HOA Fees

  • $1,575 Monthly HOA Fees

Parking

  • Assigned parking located at #G1-60 & G1-61
  • Parking Storage or Cabinetry
  • 2 Assigned Parking Spaces

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,295 Sq Ft Home
  • Property has 2 Levels
  • Living Room

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Water Oriented
  • River Nearby
  • Terrace
  • Outdoor Grill

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0473//2079

Community Details

Overview

  • Association fees include water, trash, sewer, management, common area maintenance, gas
  • $250 Other One-Time Fees
  • Low-Rise Condominium
  • 525 Water, A Condominium Condos
  • Deeolivia Community
  • Sw Waterfront Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,434

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,575 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2016
  • Assigned Parking Space Numbers: G1-60 & G1-61
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1295
  • Living Area Sq Ft: 1295
  • Price Per Sq Ft: 1234.75
  • Above Grade Finished Sq Ft: 1295
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Exterior Features: Bbq Grill
  • Spa: No
  • Water Access: No
  • Water Body Name: Potomac Channel
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Additional Storage Area, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1575.47
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 525 Water, A Condominium
  • HOA Condo Co-Op Amenities: Concierge, Common Grounds, Elevator, Exercise Room, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Trash, Sewer, Management, Common Area Maintenance, Gas
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: One Time

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony, Terrace
  • Soil Types: Urban Land Not Rated
  • Zoning: MU-12
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 7434.00
  • Assessor Parcel Number: 0473//2079
  • Tax Year: 2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,434 $976,800 $293,040 $683,760
2023 $7,072 $930,660 $279,200 $651,460
2022 $7,431 $966,660 $290,000 $676,660
2021 $7,709 $996,560 $298,970 $697,590
2020 $7,821 $995,800 $298,740 $697,060
2019 $7,558 $964,000 $289,200 $674,800
2018 $7,695 $978,690 $0 $0
2017 $8,319 $978,690 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2025 09/26/25 For Sale $1,599,000 -- $1,235 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed $1,149,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: DCDC2223850

Bright MLS

APN: 0473-2079