Waterfront Homes under $500,000

Waterfront Homes under $500,000

Welcome to Waterfront, a vibrant and picturesque subdivision nestled in the heart of Washington, DC. This charming area is a delightful blend of urban sophistication and natural beauty, making it an ideal place to call home. With its stunning waterfront views along the Anacostia River, Waterfront offers residents a unique lifestyle characterized by scenic parks, walking trails, and an array of recreational activities.

One of the most appealing aspects of Waterfront is the accessibility to homes priced under $500,000. This makes it a fantastic opportunity for first-time homebuyers, young professionals, and families looking to invest in a thriving community without breaking the bank. These affordable homes provide a perfect canvas for personalization, whether you’re seeking a cozy condo with modern amenities or a quaint townhouse with character.

Living in Waterfront means enjoying the best of both worlds—the hustle and bustle of city life paired with the tranquility of waterfront living. Residents can indulge in a variety of local dining options, boutique shops, and cultural attractions, all just a stone's throw away. The community is also well-connected to public transportation, making commuting a breeze.

Imagine waking up to stunning sunrises over the water, spending weekends exploring nearby parks, or enjoying leisurely strolls along the riverfront. Waterfront is not just a place to live; it’s a lifestyle. Don’t miss your chance to be part of this thriving community where affordable homes and breathtaking views come together seamlessly. Discover your dream home in Waterfront today!

Newest Waterfront Homes under $500,000

429 N St Sw Unit S-704, Washington
$479,999
2 Beds ⋅ 2 Baths
Nestled within the prestigious Tiber Island cooperative, this 7th-floor 2-bedroom, 2-bath residence offers a serene retreat with lush green views from every room. Inside, hardwood floors and abundant natural light create a warm and inviting atmosphere throughout the thoughtfully designed living space. The gourmet kitchen is a chef’s dream, boasting ample white cabinetry, a tiled backsplash, and stainless steel appliances, including a gas range. Whether preparing a casual meal or hosting a dinner party, the adjacent dining area creates a seamless layout for everyday living and entertaining. The spacious living room is filled with natural light through large windows and a sliding glass door that opens to the private balcony, offering the perfect place to unwind while taking in the city views that surround you. Retreat to the generously sized primary bedroom that provides a tranquil space with a large walk-in closet and en-suite bath featuring a tiled walk-in shower. A secondary bedroom with ample closet space and a well-appointed hallway bath complete this unit. Community amenities elevate the living experience with a refreshing outdoor pool, well-equipped exercise room, common laundry room, and welcoming lobby with 24/7 concierge service. Coop fees include property taxes, all utilities, internet, underlying mortgage, master insurance, and building maintenance, providing added convenience and a carefree lifestyle in this pet-friendly building. Tiber Island residents enjoy easy access to the Waterfront SEU Metro station (green line), Nationals Park, and The Wharf, with its vibrant shopping, dining, entertainment, and waterfront events throughout the year. Experience the perfect blend of comfort, convenience, and city living in this exceptional home.

429 N St Sw Unit S-704, Washington

Listing courtesy of Keller Williams Capital Properties. Contact:

490 M St Sw Unit W-806, Washington
$430,000
1 Beds ⋅ 1 Baths
SPECTACULAR WHARF/MONUMENT/RIVER VIEWS FROM THIS TOP FLOOR, COMPLETELY RENOVATED, LARGE (850sf) ONE BEDROOM! NEW FLOORING THROUGHOUT, NEW KITCHEN AND BATHROOM. KITCHEN: 39" CABINETS AND BUILT-IN PANTRY. BATHROOM: COMPLETELY NEW WITH GRAPHITE COLORED TILE IN SHOWER , COMBINED WITH WHITE WAVY TILE FLOOR TO CEILING IN REST OF THE BATHROOM. MAIN SHOWER RACK HAS HAND-HELD, BODY SPRAYS, AND SHOWER HEAD. 2ND SHOWERHEAD ON OPPOSITE WALL. TEAK FOLDABLE BENCH. SLIDING GLASS DOORS 5/8" THICK. BUILT-IN VENT FAN/NIGHTLIGHT/BLUETOOTH SPEAKER SYSTEM IN BATH CEILING. BUILT-IN DESK AREA OFF LIVING ROOM. 128 CUBIC FEET OF CLOSET SPACE IN BOTH THE BEDROOM AND LIVING ROOM. BRAND NEW HIGH END ENERGY EFFICIENT COMBINATION WASHER/DRYER. ENTIRE UNIT WIRED WITH CAT-6 CABLE AND CONNECTIONS ON LIVING ROOM AND BEDROOM WALLS FOR TV, AND AT DESK FOR HIGH SPEED INTERNET. LARGE BEDROOM (APPROX 12' X 16' (LARGER THAN MOST NEW CONSTRUCTION), VAST AND OPEN LIVING ROOM AND DINING AREA COMBINATION. LARGE BALCONY WITH VIEWS OF THE JEFFERSON MEMORIAL, THE WASHINGTON MONUMENT, AND THE NEW WHARF! ENERGY EFFICIENT RECESSED LED LIGHTING THROUGHOUT! GARAGE PARKING SPACE IS AVAILABLE FOR ADDITIONAL $50K (NOT INCLUDED IN LIST PRICE). TIBER ISLAND HAS BEAUTIFUL OUTDOOR POOL, BRAND NEW GYM OPEN 24/7, 24-HR DESK IN MAIN BUILDING. NEW LOBBY FURNITURE ON ORDER. HALLWAY RENOVATION EXPECTED NEXT YEAR. TIBER HAS OVER $4M IN RESERVES AND HAS NEVER HAD AN ASSESSMENT. ACROSS STREET FROM WATERFRONT METRO, NEW WHARF, SAFEWAY, CVS, ARENA STAGE, MORE! STEPS 2 NATS PARK, AUDI FIELD, NATIONAL MALL, NAVY YARD, HAINS POINT, BIKE AND JOGGING PATHS! COOP FEE $595\MO, ALL UTILS\CABLE\WIFI $399\MO, RE TAX $1,800\YR! (TAXES ON COMPARATIVELY PRICED CONDO WOULD BE APPROXIMATELY TWICE THE REAL ESTATE TAXES ON THIS UNIT!)

490 M St Sw Unit W-806, Washington

Listing courtesy of Welcome Home Realty, LLC. Contact:

520 N Street Sw Unit S522, Washington
$209,000
1 Baths
Resort-Style Living at Harbour Square Co-op in the SW Waterfront! Welcome to Unit S522 at 520 N Street SW, a spacious and bright studio co-op located in the heart of Washington, DC's vibrant Southwest Waterfront neighborhood. Just minutes from The Wharf, Capitol Hill, the Yards and Audi Field, this updated 591-square-foot apartment features a smart layout with a dedicated bedroom alcove – providing the feel of a one-bedroom home! Updated Interiors & Private Outdoor Space Once inside you’re greeted by a refreshed living space, featuring brand-new flooring, an updated full bathroom with tub/shower, and a kitchen with new appliances – equipped to handle your culinary needs. Storage will never be an issue, as this unit offers fantastic closet space throughout. Another highlight of this home is the expansive, west-facing balcony. Overlooking the community's lush landscaping and serene water features, it is the perfect spot for your morning coffee or unwinding at sunset. All-Inclusive, Amenity-Rich DC Living Experience the ultimate in convenience and comfort at the renowned Harbour Square co-op. The comprehensive monthly fee of $1,228.98 covers almost everything: property taxes, electricity, water, central heating and air conditioning, plus a high-speed internet and cable TV package. Harbour Square’s top-tier amenities make everyday living feel like a vacation. Residents enjoy access to a 24/7 gatehouse with concierge and security, an indoor swimming pool, a fully equipped fitness center, gorgeous common roof terraces to take in the city, lush green gardens, BBQ areas, rental garage parking, guest parking, car wash, and EV charging. Unbeatable Location Nestled in zip code 20024, you are perfectly positioned to take advantage of the best of DC. Enjoy easy access to waterfront dining, entertainment, and shopping. Commuting is a breeze with nearby Metro stations, multiple bus routes, and easy access to major highways. Key Features & Co-op Details: Address: 520 N St SW, Unit S522, Washington, DC 20024 Layout: Extra-large Studio with Bedroom Alcove / 1 Bathroom (591 Sq. Ft.) Outdoor Space: Large private west-facing balcony overlooking gardens and water features. Amenities: 24/7 security, indoor pool, fitness center, common roof deck, bike room, and BBQ area. Parking: On-site rental garage parking available starting at $185/mo (EV charging available via ChargePoint). Guest parking is also available. Inclusive Fee: $1,228.98/mo includes property taxes, electricity, HVAC, water, internet and TV package, and community amenities. Pet Policy: Pet-friendly building with no restrictions on the number or size of pets! Sub-leasing: Renting is permitted after 2 years of ownership (limited to 3 years). Don't miss out on this incredible opportunity to own a piece of the SW Waterfront. Approximately 591 square feet, per the co-op's records. All unit size references are approximate and should not be used for valuation. Some photos are virtually staged. FAQ's • Renting is allowed after 2 years of ownership and limited to 3 years • Ownership cannot be taken in an LLC or corporation. Owners must be natural persons or a trust of the occupant • Harbour Square requires all cash purchasers to obtain a cash evaluation letter as part of the Board Approval process • No restriction on the number or size of pets • Laundry is in the basement of each building (NOTE: owners CAN add washer and dryer in the unit)) • Parking spaces are rented from the co-op • Electric car charging is available in the garage using ChargePoint • Monthly co-op fee includes property taxes, utilities, cable/internet and more • Harbour Square is becoming a non-smoking property (see management office for more info)

520 N Street Sw Unit S522, Washington

Listing courtesy of Compass. Contact:

430 M St Sw Unit N807, Washington
$445,000
2 Beds ⋅ 2 Baths
Welcome to 430 M Street SW #N807, a rarely available top-floor 2-bedroom, 2-bath residence in the heart of Southwest DC, complete with TWO GARAGE PARKING SPACES. Nestled within a full-service cooperative community just moments from The Wharf, this light-filled home offers an exceptional combination of space, convenience, and value. Inside, an open and inviting floor plan is enhanced by desirable eastern exposure, filling the home with natural light throughout the day. The spacious living and dining areas flow seamlessly to a large private balcony, creating the perfect setting for morning coffee, outdoor dining, or simply unwinding above the city. The thoughtfully designed layout features two generously sized bedrooms and two full baths, providing flexibility for guests, roommates, or a dedicated home office. Residents enjoy access to a swimming pool, fitness center, beautifully maintained grounds, and a pedestrian pathway that leads directly to the waterfront at The Wharf. Whether you're heading out for dinner, enjoying a waterfront concert, shopping, or catching the Metro, everything you need is just moments from your door. Safeway, Waterfront Metro, Nationals Park, Audi Field, and countless dining and entertainment options are all within easy reach. Adding to the home's exceptional value, the cooperative fee includes all utilities, high-speed WiFi, and real estate taxes, creating a truly simplified ownership experience with predictable monthly expenses. Combining top-floor privacy, abundant natural light, private outdoor space, and an unbeatable Southwest Waterfront location, this is a rare opportunity to enjoy one of Washington's most vibrant and connected neighborhoods.

430 M St Sw Unit N807, Washington

Listing courtesy of Serhant. Contact:

429 N St Sw Unit S203, Washington
$178,500
1 Beds ⋅ 1 Baths
MID-CENTURY MODERN AT THE WHARF! Just steps to the SW Waterfront, Metro, and the dining, music, and energy of The Wharf, this fully renovated Tiber Island JR. ONE-BEDROOM delivers style and simplicity in one seamless package. Unit 203 features an open-concept layout with partition wall separating the sleeping zone. Gleaming parquet floors, private balcony with sunset views, all updated in a meticulous 2018 renovation. Perched like a peaceful treehouse, this home blends light, space, and mid-century charm. Enjoy resort-style amenities — pool, TWO fitness centers, 24-hour concierge, and waterfront access — with a co-op fee that covers taxes, utilities, insurance, and maintenance. Turn-key, tranquil, and totally connected. Call for a private tour TODAY!

429 N St Sw Unit S203, Washington

Listing courtesy of Keller Williams Capital Properties. Contact:

490 M St Sw Unit W-101, Washington
$324,000
1 Beds ⋅ 1 Baths
Consider Buying or Renting… Washington DC Living, Reimagined. Step into this beautifully renovated 1BR/1BA co-op at Tiber Island, where 1,000 feet of waterfront meets effortless city living. The 2022-renovated galley kitchen — upgraded countertops, smart layout, built-in pantry storage — flows into an open-concept living/dining space framed by oversized energy-efficient sliding windows. Watch the river, gardens, and skyline change light all day. Rich hardwood and engineered flooring throughout add warmth; the updated bath delivers a clean, modern finish. Beyond your door: resort-style amenities most condos can’t touch — fitness center, community pool, landscaped grounds, grilling areas, and 24-hour security with monitored entry. Steps from the Wharf, waterfront dining, and the SW Duck Pond. All-in monthly fee covers virtually everything — heat, water, building maintenance, even laundry — true low-maintenance ownership. Priced to move in one of DC’s most coveted waterfront enclaves. This is the value play on the water.

490 M St Sw Unit W-101, Washington

Listing courtesy of HER Properties, LLC. Contact:

510 N Street Sw Unit N 431, Washington
$199,900
1 Baths
CONVEYS FULLY FURNISHED. This unit is the perfect turnkey DC pied-a-terre for commuters or owner occupants looking for a smooth, move-in ready home. Please note that the active Harbour Square coop rules require 2 years of ownership prior to renting. Harbour Square Cooperative, one of Southwest Waterfront’s most desirable gated communities, where city living meets a peaceful, waterfront lifestyle. Residence N431 at 510 N Street SW offers the opportunity to live in the heart of Washington, DC’s vibrant Waterfront neighborhood, just moments from the Wharf, the Washington Channel, and the Waterfront Metro Station. Inside, wake up under skylights. Walk to the waterfront and all-in lifestyle living with amenities included in the coop fee. This home offers comfortable living space designed for both everyday living and entertaining. Large windows invite natural light into the residence, creating a bright and welcoming atmosphere. The layout provides a balance of openness and functionality—perfect for enjoying quiet evenings at home or hosting friends before heading out to the Wharf for dinner and live music. Living at Harbour Square means enjoying a collection of amenities rarely found in the city. Residents benefit from a 24-hour gated community with concierge service, beautifully maintained courtyards and green spaces, and access to the Harbour Square pool and fitness center. The community also features rooftop terraces with sweeping water and monument views, bike storage, and convenient on-site services that make daily living effortless. Step outside and you’re immediately connected to one of DC’s most exciting neighborhoods. Just a short walk away is The Wharf, home to award-winning restaurants, music venues, waterfront parks, and seasonal events. Commuting is easy with the Waterfront Metro Station (Green Line) nearby, along with quick access to Nationals Park, Audi Field, the National Mall, and Downtown DC. Whether it’s kayaking on the Washington Channel, enjoying outdoor concerts, or dining along the waterfront, this location delivers a lifestyle that blends convenience, culture, and recreation. With its gated community setting, resort-style amenities, and unbeatable proximity to the Wharf and Waterfront Metro, 510 N St SW #N431 offers a rare chance to experience the best of Southwest DC waterfront living.

510 N Street Sw Unit N 431, Washington

Listing courtesy of Keller Williams Capital Properties. Contact:

240 M St Sw Unit E406, Washington
$275,000
1 Beds ⋅ 1 Baths
Closing costs credit of up to 3% of the sales price with a ratified contract by 10/15/26! Use this for a rate buydown. Carrollsburg Condominium is a well-maintained and long-standing staple community of Southwest DC. This sprawling community provides tranquil resort-style living just steps from DC's sparkling waterfront in a neighborhood adorned with mature trees. The community provides 24-hour Concierge Service, on-site management & building maintenance, a private pool, community park-like grounds for relaxing outdoors, secure bike storage, a community room, rental storage, and garage parking. Carrollsburg Condominium is perfectly located just steps from Safeway, dry cleaners, and many more day-to-day conveniences for easy living. Enjoy a plethora of DC arts, entertainment, and sporting events surrounding Carrollsburg. Walk to theater shows at Arena Stage, just one block away. Take in a DC United Soccer game and Washington Nationals Baseball game within just a few blocks. Enjoy live music, shows, boutique shopping, and some of DC's best-in-class restaurants just a short stroll away on The Wharf waterfront. Be the host with the most when you have guests who can visit the Capitol building, Smithsonian Museums, The National Mall, and other memorials all within walking distance from Carrollsburg. The great outdoors can be enjoyed at nearby Southwest Waterfront Park, King Greenleaf Recreation Center, Lansburgh Park & Dog Park, Randall Recreation Center, Jefferson Fields, and Benjamin Banneker Park. Hains Point offers biking and jogging paths, indoor and outdoor tennis & pickleball courts, mini-golf, picnic grounds, and a full golf course! With the waterfront at your doorstep, you can enjoy boat rentals, boat charters, paddleboarding, and kayaking. Carrollsburg Condominium is across the street from the Metro and also is conveniently located near several Metrobus lines for carefree transportation around the Metro area. Take a leisurely water taxi ride with views from The Wharf to Georgetown, Alexandria, and National Harbor. Quick access to 395/695 and South Capitol Street makes getting in and out of the city a breeze. This condo community is also approved for VA Financing buyers. Carrollsburg Condominium offers the home you deserve for the very best of DC living! Features of #E406: This super-spacious 1-bedroom 1-bath condo is spread out over 744sf and provides large living spaces for comfortable everyday living and entertaining. Upon entering, natural light welcomes you home. The entry foyer has an oversized multifunctional coat and storage closet. The extra-large living room provides space that allows multiple ways to design the layout of your furnishings. The sliding glass doors off the living room lead out onto a private covered balcony where you can enjoy morning coffee, reading outside, toast happy hour, and dine al fresco. The living room flows seamlessly into the expansive dining room. Adjacent to the dining room is the fully-equipped and well-appointed kitchen with ample cabinet storage, granite countertops, stainless steel appliances, and gas cooking. Wood floors flow throughout this lovely home. A hallway with a linen closet leads to the tiled bathroom with vanity storage and a shower/tub. The bedroom is a king-size retreat for peaceful serenity, with a floor-to-ceiling window and a wall of oversized closets. This home is abundant with storage spaces! The monthly condo fee of $950.64 includes ALL utilities(electric, gas, water, & sewer), building operations & maintenance, the building's master insurance, reserve funds, snow removal, grounds maintenance & landscaping, the community pool, and 24/7 front desk/concierge. Carrollsburg is a pet-friendly community allowing two pets per home. The community is rental-friendly, only requiring a minimum 6-month lease. Garage parking, for rent/purchase from another owner, is commonly available and subject to availability. Extra storage available for rent from the association.

240 M St Sw Unit E406, Washington

Listing courtesy of RLAH @properties. Contact:

1311 Delaware Ave Sw Unit S330, Washington
$50,000
1 Baths
Welcome to this bright and charming studio at River Park Mutual Homes Cooperative in Southwest DC. This open-concept layout flows seamlessly onto a spacious private balcony—perfect for morning coffee, unwinding after work, or entertaining guests. Floor-to-ceiling windows flood the unit with natural light and offer peaceful views of the beautifully landscaped, tree-filled grounds. The kitchen features nice island style countertops and an efficient, functional layout ideal for everyday living. River Park is a gated, mid-century modern community known for its strong sense of community and resort-style amenities, including a 24-hour concierge, fitness center, pool, picnic area, resident lounge, and bike storage. Located just steps from Waterfront Metro, The Wharf, Safeway, Arena Stage, the National Mall, and an incredible mix of restaurants, music venues, and museums—this home offers unbeatable convenience and lifestyle. Monthly co-op fees include all utilities—electric, water, heat, and trash—making this an exceptional value and a smart alternative to renting or condo ownership. SHORT SALE -

1311 Delaware Ave Sw Unit S330, Washington

Listing courtesy of Samson Properties. Contact:

354 N St Sw Unit 354, Washington
$330,000
3 Beds ⋅ 2 Baths
**Price Reduced**This beautifully maintained interior townhome offers a three-level, three-bedroom + basement, and two-bath oasis in the celebrated River Park community of Southwest DC. Designed by Charles Goodman, the residence showcases his signature mid-century modern style while blending seamlessly with modern finishes updated with custom designed stained-glass windows across the exterior front of both the kitchen and foyer. The main level features an open and airy layout with expansive windows that fill the space with natural light. Well-kept wood floors flow throughout, creating warmth and continuity. The updated kitchen includes modern finishes and new stainless steel appliances, while both bathrooms have also been updated with clean, contemporary design. Upstairs, two spacious bedrooms provide comfort and flexibility with an abundance of natural light from the extra high barrel roof ceilings, while the library includes lots of natural lights and built-in shelving. The lower level features a versatile bonus area — perfect for a den,gym, or creative studio — along with additional storage. Step outside to your private backyard retreat, patio area to relax or entertain outdoors. As a member of River Park, you’ll enjoy a host of amenities, including an outdoor pool, fitness center, playground, picnic areas, and 24/7 front desk services, all within an 11-acre gated community. The co-op structure simplifies ownership by covering most utilities and maintenance, combining the benefits of a house with the convenience of condo living. Ideally located just blocks from The Wharf, Safeway, Waterfront Metro, Nationals Park, and Arena Stage, this home offers quick access to dining, entertainment, and major commuter routes. A move-in ready home with updated finishes and ready for your own touches, generous light, and private outdoor space — this River Park townhome is the one. Schedule a tour today! Motivated Seller will pay two months of condos fees. Contact LA for Qs

354 N St Sw Unit 354, Washington

Listing courtesy of RLAH @properties. Contact:

1101 3rd St Sw Unit 306, Washington
$428,000
1 Beds ⋅ 1 Baths
Enjoy this cozy one-bedroom, one-bathroom unit in the heart of downtown DC. This move-in-ready corner unit features an open floor plan and abundant natural light, thanks to floor-to-ceiling windows that offer stunning city views. The gourmet kitchen is equipped with wood cabinetry, Silestone countertops, black stainless-steel gas appliances, and a built-in washer and dryer combo. An additional storage unit is conveniently located on the basement level. The building is pet-friendly (with restrictions) and offers excellent amenities, including a fitness center, party room, and a private outdoor courtyard. The unit is within walking distance of the SW Waterfront Metro Station, Safeway, and CVS. Just a few blocks away, you’ll find the National Mall and the Historic Wharf, featuring fine dining, music venues, shops, Arena Stage, Nationals Park, and Audi Field.

1101 3rd St Sw Unit 306, Washington

Listing courtesy of Taylor Properties. Contact:

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