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125 N Lee St #Dh407, Alexandria, VA, 22314

1beds
1baths
687sqft
$549,900
$800price/sqft
$3,589/moest. monthly cost
$143,560/yrincome needed

About This Home

Torpedo Factory Condominium: Old Town's best address! Quiet, turnkey, one-level living with garage parking and an incredibly low monthly fee! Perched on the fourth floor of the iconic Torpedo Factory Condominium, this home offers a rare opportunity to own a stylish, fully updated retreat at Old Town Alexandria’s most coveted address. This one-level home is defined by its southern exposure, where oversized windows invite an abundance of natural light to illuminate the open floor plan. The airy, thoughtful layout creates a sense of spaciousness that far exceeds its footprint, perfectly framing serene treetop views over the lush central courtyard. Accessible by elevator for easy, stair-free living, this residence occupies a coveted position on the peaceful side of the community, offering a tranquil sanctuary just moments from the vibrant energy of Old Town. Every inch of this home is completely turnkey, featuring a brand-new HVAC system installed in 2026 for total peace of mind. The interior is as functional as it is beautiful, boasting a primary bedroom with a generous walk-in closet, multiple additional closets, and the convenience of an in-unit stacked washer and dryer. Life here is made effortless with an included garage parking spot, though you may find yourself leaving the car behind more often than not. The location is truly unparalleled, situated just one block from the bustling shops and dining of King Street and a single block from the scenic Potomac River waterfront. Residents enjoy immediate access to cozy cafes, locally-owned boutiques, historic landmarks, and miles of riverside jogging trails. When it’s time to venture further, the home offers seamless connections to Reagan National Airport, the Pentagon, and downtown Washington, DC. This is more than just a home; it is a gateway to the very best of Old Town living, blending modern comfort with an unbeatable urban lifestyle. The Torpedo Factory Condominium is Old Town's best address.

Getting Around

95
WalkingWalker's Paradise
55
TransitGood Transit
74
BikeVery Bikeable

Schools

2/10
2/10

Construction

Condition

  • Year built: 1985

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Dryer In Unit,Washer In Unit,In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Flooring: Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 687

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 687
  • Total interior livable area: 687 sqft

Property

Accessibility

  • Accessibility features: Doors - Swing In,Accessible Elevator Installed,No Stairs

Details

  • Parcel number: 50471030
  • Attached to another structure: Yes
  • Zoning: RM
  • Special condition: Standard
  • Exclusions: Bathroom Mirror

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Parking

  • Total spaces: 1
  • Parking features: Inside Entrance,Garage Door Opener,Garage Faces Front,Assigned,Lighted,Secured,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Strong Wind
Earthquake
Hail
Hurricane
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,780$33,360
Home Insurance *$87$1,044
Property Taxes $520$6,240
Electricity $202$2,433
Total$3,589$43,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,051/yr
40% on housing$107,670/yr
45% on housing$95,706/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$800This listing

vs Other Active Listings

Avg $/sqft

ZIP 22314$454
Alexandria City$346

vs Homes Sold Last Month

Median $/sqft

ZIP 22314$453
Alexandria City$475

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Contingent$549,900
2026-06-18Listed for sale$549,900
2013-01-16Sold$335,000

For Sale by Agent

AgentKelly Virbickas
BrokerageCompass

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