See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

625 Slaters Ln #402, Alexandria, VA, 22314

3beds
2baths
1,575sqft
$1,199,900
$762price/sqft
$7,378/moest. monthly cost
$295,120/yrincome needed

About This Home

Exceptional value for a 3-bedroom residence with a private terrace and sweeping DC skyline views close to the the Potomac River, Penthouse 402 at Towngate North offers a rare opportunity to own one of Old Town North’s most distinctive residences, blending modern design with effortless indoor-outdoor living just minutes from the Old Town waterfront, King Street, Washington, DC, and Reagan National Airport. This residence features an expansive open layout anchored by a chef’s kitchen with an Italian quartz waterfall island, JennAir appliance suite, custom cabinetry, and elevated designer lighting throughout. Floor-to-ceiling windows frame dramatic city views while filling the living spaces with natural light. A standout feature of this residence is the approximately 363 sq ft private terrace, creating a true extension of the home—perfect for entertaining, outdoor dining, or enjoying sunset views over the DC skyline and Potomac River corridor. The spacious primary suite offers a spa-inspired bath and generous closet space, while additional bedrooms provide flexibility for guests, a home office, or secondary living. Originally converted to luxury residences in 2022, Towngate North offers boutique living in one of Alexandria’s most vibrant and connected neighborhoods, with easy access to the waterfront, National Landing, Amazon HQ2, and beyond. A rare, repositioned offering—ideal for those seeking a turnkey primary residence or lock-and-leave pied-à-terre with unmatched outdoor space and views. Schedule your private showing today!

Getting Around

66
WalkingSomewhat Walkable
55
TransitGood Transit
84
BikeVery Bikeable

Schools

4/10
4/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 2022

Materials

  • Construction materials: Brick Veneer

Other

  • Builder name: Brookfield Residential

Type & Style

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

Interior

Appliances

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

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Breakfast Area,Built-in Features,Combination Kitchen/Dining,Flat,Open Floorplan,Walk-In Closet(s),Upgraded Countertops,9'+ Ceilings
  • Finished area below ground: 0
  • Finished area above ground: 1,575

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,575
  • Total interior livable area: 1,575 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 60047530
  • Attached to another structure: Yes
  • Zoning: ALEXANDRIA CITY
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Terrace,Roof Deck
  • Exterior features: Barbecue,Lighting,Other
  • Has view: Yes
  • View description: City,River,Trees/Woods
  • Has water view: Yes
  • Water view: River

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Covered,Storage,Underground,Secured,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
Lightning
Strong Wind
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 $6,067$72,804
Home Insurance *$190$2,280
Property Taxes $919$11,028
Electricity $202$2,433
Total$7,378$88,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$252,960/yr
40% on housing$221,340/yr
45% on housing$196,746/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

$762This listing

vs Other Active Listings

Avg $/sqft

ZIP 22314$450
Alexandria City$345

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
2026-04-20Price change$1,395,000
2026-04-04Price change$1,425,000
2026-03-09Price change$1,525,000
2026-01-09Price change$1,599,900
2025-11-13Listed for sale$1,624,900

For Sale by Agent

AgentMaria Park
BrokerageDouglas Elliman of Metro DC, LLC - Arlington

Similar Homes