427 N Street SW, WASHINGTON, DC 20024 (MLS # DCDC2277482)

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PRICE $799,000 BEDS 2 BATHS 2 HOME SIZE 1,636 sqft LOT SIZE n/a Request More Info Schedule a Showing

Spacious and distinctive two-bedroom townhouse-style residence at Tiber Island, offering multiple levels of living, exceptional private outdoor space, custom finishes, dual-zone HVAC, and two separately deeded parking spaces in one of Southwest Washington's most architecturally significant communities. The custom kitchen features beautiful countertops and backsplash, a wall oven, gas burners, generous cabinetry, and an open connection to the dining area. Oversized windows and glass doors bring in abundant natural light and open directly to a private landscaped patio and garden, creating a wonderful extension of the home for dining, gardening, and entertaining. Upstairs, a dramatic living room features exposed brick, hardwood floors, and walls of glass opening to an expansive private terrace. Multiple levels and private outdoor spaces give the residence a character, scale, and sense of privacy that feels much more like a Washington townhouse than a traditional co-op. Two generously sized bedrooms occupy separate upper levels, providing excellent privacy and flexibility. The top-floor primary suite features an updated ensuite bath, extensive built-in storage, hardwood floors, abundant natural light, and its own private balcony. The second bedroom and full bath are ideal for guests, family, or a home office. A lower level provides additional flexible space for storage, fitness, hobbies, or other uses. Dual-zone HVAC provides added comfort throughout the home. Tiber Island is an important part of Southwest Washington's celebrated mid-century redevelopment and architectural history. Gracious green spaces, mature landscaping, garden courtyards, and pedestrian pathways create a peaceful residential setting just moments from the Southwest Waterfront. Walk to The Wharf and enjoy the waterfront, trails, parks, restaurants, entertainment, and recreation. Waterfront Metro, Arena Stage, the National Mall, Nationals Park, Audi Field, Safeway, and the broader Southwest neighborhood are all close at hand. THE CO-OP ADVANTAGE One of the most compelling aspects of Tiber Island is the number of homeownership expenses consolidated into the monthly payment. Unlike a condominium, a co-op purchaser owns shares in the corporation that owns the property, together with the right to occupy the residence. Current monthly charges for this residence are: Unit co-op fee: $597.93 Real estate taxes: $253.37 Utilities/Insurance: $888.06 Parking space: $108.51 Parking space: $108.51 TOTAL: $1,956.38 The monthly charges incorporate real estate taxes, utilities, insurance and cooperative operating expenses, along with the services and amenities provided by Tiber Island. The professionally managed community offers 24-hour concierge service, a swimming pool, fitness facilities, security, beautifully maintained grounds, common-area maintenance, and an established on-site maintenance operation. This is why the $1,956.38 monthly payment should not simply be compared with a condo fee. The better comparison is the total cost of ownership, since expenses that may be separate bills elsewhere are consolidated here. I can help buyers do the math and understand what is included for a true apples-to-apples comparison. TWO SEPARATELY DEEDED PARKING SPACES The residence includes two separately deeded parking spaces, each associated with its own cooperative shares and owned with the property"”an exceptional benefit this close to The Wharf, Metro, and downtown Washington. A rare opportunity to combine the privacy, scale, outdoor space, and character of a Washington townhouse with the amenities, services, and convenience of a full-service cooperative in one of Southwest DC's most distinctive communities.