Significant price improvement! 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!
Listed by Maria Park
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Douglas Elliman of Metro DC, LLC
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5712185655
Last updated April 28, 2026
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Source: BrightMLS #VAAX2054882
Listing Facts
TypeCondo
NeighborhoodPotomac Yard
Bedrooms3
Bathrooms2
Days on Prevu54
HOA/Maint. Fees$1,169/month
Taxes$14,755/year
Size1,575 sqft
Price per sqft$886
Amenities
Concierge
Elevator
Fitness Center
Location
Mortgage Calculator
Listing History
04/20/2026
Price Decreased
$1,395,000
04/04/2026
Price Decreased
$1,425,000
03/09/2026
Listed by Douglas Elliman of Metro DC, LLC
$1,525,000
Property Details for 625 Slaters Lane 402
Association
Amenities
Association Amenities: Concierge, Community Center, Exercise Room, Extra Storage, Elevator, Fitness Center, Meeting Room, Picnic Area, Reserved/Assigned Parking, Security
How many bedrooms and bathrooms does this condo have?
There are 3 bedrooms and 2 bathrooms in this condo at 625 Slaters Lane 402.
Does this condo have parking?
Yes, there are 2 parking spaces available for 625 Slaters Lane 402.
What are the annual taxes for 625 Slaters Lane 402?
Annual taxes for this condo are estimated at $14,755.
How does 625 Slaters Lane 402 compare to other condos in Potomac Yard?
This condo is listed 56% above the average price for condos in Potomac Yard and has been on the market for 24 more days than the typical home in this area.
What is the square footage on this condo?
According to the MLS, this listing is 1,575 sqft.
625 Slaters Lane 402 is a 3-bedroom, 2-bath condo for sale in ALEXANDRIA VA 22314. Listed on Prevu for 54 days at $1,395,000. This includes a recent price decrease of $30,000. This property features 1,575 square feet of living space, located in Potomac Yard. The median listing price for condos in this area is $917,500. Additional amenities include concierge, elevator, and fitness center. Browse more condo listings in Alexandria.
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