550 Water St # 400 Charlottesville, VA
$ 1,240,000
Property Attributes
  • MLS#590257
  • TypeCondos
  • CityCharlottesville
  • AreaCharlottesville
  • NeighborhoodThe 550
  • Zip22902
  • Style
  • Price$ 1,240,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2040
Listing Provided Courtesy Of:
Property Description

The 550 is an ultra-premium, boutique-scale residential condo building located 1 block off the Downtown Mall. This dramatic, glass & brick structure designed by Formwork & constructed by Martin Horn was awarded the most influential residential construction project of 2018 by the Urban Land Institute. This 2 bed/2.5 bath space on the 4th floor enjoys sweeping views of Charlottesville's vibrant downtown scene & the mountains beyond. Huge windows, an open floor plan, expansive & private covered terrace (427 square feet), secure garage parking & storage unit. There is only 1 other, 1 bedroom unit on the 4th floor.

Elementary School Middle School High School
Burnley-Moran Elementary School Walker & Buford Middle School Charlottesville High School
Price History
5/9/2019 Listed $1,750,000
1/15/2020 12% - $1,550,000
5/29/2020 20% - $1,240,000

General Features

Association Frequency Monthly
Bathrooms 2.5
Beds 2
Cooling Heat Pump
Elementary School Burnley-Moran
Features Area Maint, Exterior Maint, Master Ins. Policy, Prof. Mgmt., Reserve Fund, Trash Pickup
Garage Yes
Green - Construction Rigid Insulation
Green Features Yes
HOA Fee 645
Heating Central Heat, Forced Air, Heat Pump, Natural Gas
High School Charlottesville
Laundry Stack Unit Hookup
Legal Description Unit 400 The 550
Listing Area Charlottesville
Middle School Walker & Buford
New Construction Yes
Price Per Sq Ft 607.84
Short Sale No
Status Active
Status Active
Stories 1 Story
Structure-features Dual Vanities, MBr Sitting Area, Walk-in Closet
Structure-security Buzz-in Door, Security System, Smoke Detector(s)
Subdivision THE 550
Type Condo
View Blue Ridge View, Mountain View, Panoramic View, Urban View
Water Public Water
Year Built 2020
Zoning D Downtown Corridor Mixed Use

Interior Features

# Baths: Upper Level(s) 2.5
# Beds: Upper Level(s) 2
Above Grade Finished 2040
Above Grade Total Sq. Ft. 2040
Basement Yes
Basement Full, Inside Access, Outside Entrance, Unfinished, Walk Out
Below Grade Total Sq. Ft. 41
Below Grade Unfinished 41
Full Baths 2
Half Baths 1
Kitchen Appliances/feat Breakfast Bar, Dishwasher, Disposal, Eat-in, Gas Range, Island, Microwave, Recessed Light, Refrigerator
Kitchen Cabinets/counters Solid Surface Counter
Master Bath On Main Level Yes
Master Bed On Main Level Yes
Total Finished Sq. Ft. 2040
Total Sq. Ft. 2231
Total Unfinished Sq. Ft. 191

Exterior Features

Foundation Insulated Concrete Form
Garage # Cars 1
Garage Bg Unfin 150
Garage Features Attached, Auto Door, Electricity, Heated, In Basement, Large Vehicle
Garage Total Bg 150
Sewer/Septic Public Sewer
Structure-deck/porch Deck, Patio - Covered
Structure-window/ceiling 9' Ceilings, Casement Windows, Insulated Windows, Screens


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22902

AVG $1.34M
AVG 108
Year Built
AVG 2011
AVG 90
Data Provided by Walkscore ® not using MLS data

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