Residential

550 Water St, Charlottesville VA 22902

  • $1,795,000
  • MLS #:670654

Neighborhood: Water St
Square Ft Finished: 2,266
Square Ft Unfinished: 0
Elementary School: Burnley-Moran
Middle School: Walker & Buford
High School: Charlottesville

Property Type: residential
Subcategory: Condominium
HOA: Yes
Area: Charlottesville
Year Built: 2018
Price per Sq. Ft: $792.14
1st Floor Master Bedroom: EntranceFoyer,KitchenIsland,RecessedLighting
HOA fee: $800
View: Mountains, Panoramic, Residential
Security: Other, SurveillanceSystem
Design: Contemporary
Driveway: Covered, Deck, Patio
Garage Num Cars: 2.0
Cooling: HeatPump
Air Conditioning: HeatPump
Heating: ForcedAir
Water: Public
Sewer: PublicSewer
Features: Wood
Appliances: Dishwasher, Disposal, GasRange, Microwave, Refrigerator, WineCooler
Amenities: AssociationManagement, Insurance, MaintenanceStructure, ReserveFund, SnowRemoval, Trash
Laundry: WasherHookup, DryerHookup
Possession: CloseOfEscrow
Kickout: No
Annual Taxes: $13,933
Tax Year: 2025
Legal: Unit 201 Water Street Condo
Directions: Water Street
Located just one block from Charlottesville's Historic Downtown Mall, The 550 represents the pinnacle of boutique, luxury living. Designed by Formwork and constructed by Martin Horn, this award-winning glass and brick landmark was recognized by the Urban Land Institute as the Most Influential Residential Construction Project of 2018. It is the only residence in the building with its own private entrance off Water Street. This striking three bedroom, three bath home features architect-designed details through out, including a stunning custom staircase, expansive windows and an open-concept living space that seamlessly blends style and function. Enjoy both a private covered terrace and an expansive rooftop deck with panoramic downtown and mountain views. The full-floor primary suite offers exceptional privacy and comfort, while two additional bedrooms provide flexibility for guests or a home office. Additional highlights include secure garage parking for two vehicles and the ease of low-maintenance, lock-and-leave living all in one of Charlottesville's most desirable downtown locations.

Builder: Martin Horn
Days on Market: 2
Updated: 11/02/25
Courtesy of: Loring Woodriff Real Estate Associates

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Directions:
Water Street
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Listing Office: Loring Woodriff Real Estate Associates