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400 Madison St Unit 501/510, Alexandria, VA, 22314

3beds
4baths
2,201sqft
$1,790,000
$813price/sqft
$10,919/moest. monthly cost
$436,760/yrincome needed

About This Home

Positioned within the Alexandria House, #501/510 is a masterfully re-imagined residence that represents the pinnacle of luxury high-rise living in the heart of Old Town, Alexandria. This extraordinary 3 bed and 3.5 bath home is the brilliant result of two individual units seamlessly combined into a singular, sprawling sanctuary boasting over 2,200 interior square feet of fluid, light-filled space. Custom-tailored and proudly featured in the pages of Southern Home magazine, every square inch of the property reflects bespoke craftsmanship, timeless sophistication, and a meticulous attention to detail. Bounded by walls of glass, the space opens to an enormous, (430+ sq ft!) private terrace with river views—a rare high-rise asset that serves as a massive outdoor retreat perfect for al fresco dining and relaxation. Because the home expertly merges two full footprints, it grants the ultimate luxury of abundance—including both a grand formal living room and a separate dining room alongside a highly coveted secondary private entrance. Of the three bedrooms, two include generously sized walk-in closets and en-suite bathrooms. Two large storage units and two garage parking spaces included. Life at Alexandria House elevates daily living with a robust suite of world-class, club-style amenities. Enjoy exclusive access to the spectacular rooftop pool (complete with dedicated baths and spa), a secondary panoramic rooftop sun deck, and a penthouse-level party and catering room with its own private balcony overlooking the city. The full-service secure building also features a full-time front desk attendant, state-of-the-art fitness room, a quiet resident library, and professional meeting rooms. Combining the scale of a single-family home with the effortless convenience of a luxury condominium building, this turnkey property is a true Alexandria unicorn.

Getting Around

94
WalkingWalker's Paradise
65
TransitGood Transit
82
BikeVery Bikeable

Schools

2/10
2/10

Construction

Condition

  • Year built: 1975

Materials

  • Construction materials: Other,Brick

Other

  • Builder model: CUSTOM DOUBLE UNIT

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Ice Maker,Washer,Water Heater
  • Laundry features: Has Laundry,Washer In Unit,Dryer In Unit,In Basement,In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 4
  • Main level bedrooms: 3

Features

  • Breakfast Area,Dining Area,Bar,Other
  • Door features: Sliding Glass
  • Flooring: Wood,Stone
  • Number of fireplaces: 1
  • Fireplace features: Glass Doors,Heatilator
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,201

Heating & Cooling

  • Heating features: Zoned,Electric
  • Cooling features: Zoned,Electric

Interior Area

  • Total structure area: 2,638
  • Total interior livable area: 2,201 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors,Doors - Lever Handle(s),Doors - Swing In

Details

  • Parcel number: 12174076
  • Attached to another structure: Yes
  • Zoning: CRMU/H
  • Special condition: Standard
  • Other equipment: Intercom

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Roof Deck
  • Exterior features: Other
  • Has view: Yes
  • View description: Garden,City,Trees/Woods,Water,River
  • Has water view: Yes
  • Water view: Water,River
  • Waterfront features: River

Parking

  • Total spaces: 2
  • Parking features: Underground,Limited Common Elements,Parking Space Conveys,Private,Attached
  • 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 $9,051$108,612
Home Insurance *$284$3,408
Property Taxes $1,372$16,464
Electricity $212$2,544
Total$10,919$131,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$374,365/yr
40% on housing$327,570/yr
45% on housing$291,173/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

$813This listing

vs Other Active Listings

Avg $/sqft

ZIP 22314$447
Alexandria City$344

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
2026-08-05Contingent$1,790,000
2026-07-17Price change$1,790,000
2026-06-04Listed for sale$1,890,000

For Sale by Agent

AgentKathleen Eder
BrokerageCompass

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