507 S Adams St Arlington, VA 22204
Penrose NeighborhoodEstimated payment $12,615/month
Highlights
- New Construction
- Heated Floors
- Colonial Architecture
- Thomas Jefferson Middle School Rated A-
- Open Floorplan
- Bonus Room
About This Home
Modern Elegance in the Heart of Penrose – A Custom Masterpiece by William Andrew Homes
Welcome to your dream home—where bold modern architecture meets the warmth of timeless design in one of Arlington’s most cherished neighborhoods. Set on a beautifully landscaped corner lot in the vibrant and close-knit Penrose community, this brand-new custom residence offers a harmonious blend of luxury, comfort, and sophistication. Designed to impress from the very first glance, the home’s striking exterior features a bold black metal roof, crisp white facade, natural wood accents, and dramatic floor-to-ceiling windows that flood the interior with light.
Inside, a thoughtfully crafted open-concept layout spans multiple levels, creating spaces that are both cozy for everyday living and expansive for effortless entertaining. Elegant details abound—from wide-plank hardwood floors and designer lighting to refined architectural touches that elevate every corner. The heart of the home is a chef-worthy kitchen outfitted with premium Thermador appliances, custom cabinetry, and a show-stopping oversized island—perfect for gathering, cooking, and making memories.
Enjoy peaceful mornings on your private primary suite balcony or unwind in the lush, landscaped yard—with Penrose Park just beyond your back gate. This seamless connection between indoor and outdoor living enhances the overall sense of tranquility and flow throughout the home.
Tucked into a charming neighborhood with tree-lined streets, this location offers the best of both worlds: a peaceful residential setting with easy access to Clarendon, Columbia Pike, local parks, restaurants, and more. Whether you're grabbing coffee from a nearby cafe or commuting into DC, convenience is always at your doorstep.
Located within the Penrose Historic District, a neighborhood celebrated for its character and strong community spirit, this home offers not just a beautiful space—but a lifestyle rooted in connection and charm. Come experience it for yourself.
Listing Agent
(716) 450-2964 kristen.schifano@bicdecaro.com RLAH @properties License #SP40001905 Listed on: 04/29/2025
Co-Listing Agent
(703) 501-1795 stuckeylindsay92@gmail.com RLAH @properties License #SP200205164
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,519
Year Built
- Built in 2025 | New Construction
Lot Details
- 5,867 Sq Ft Lot
- Landscaped
- Corner Lot
- Property is in excellent condition
- Property is zoned R-6
Parking
- 2 Car Direct Access Garage
- Side Facing Garage
Home Design
- Colonial Architecture
- Craftsman Architecture
- Transitional Architecture
- Farmhouse Style Home
- Bump-Outs
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 4 Levels
- Open Floorplan
- Sound System
- Built-In Features
- Bar
- Chair Railings
- Wainscoting
- Ceiling height of 9 feet or more
- Recessed Lighting
- Bay Window
- Bonus Room
Kitchen
- Butlers Pantry
- Gas Oven or Range
- Built-In Range
- Stove
- Range Hood
- Built-In Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
- Instant Hot Water
Flooring
- Wood
- Heated Floors
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Connecting Stairway
- Interior Basement Entry
- Sump Pump
- Basement Windows
Eco-Friendly Details
- ENERGY STAR Qualified Equipment
Outdoor Features
- Balcony
- Exterior Lighting
- Porch
Schools
- Alice West Fleet Elementary School
- Jefferson Middle School
- Wakefield High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Programmable Thermostat
- Underground Utilities
- 60 Gallon+ Natural Gas Water Heater
Community Details
- No Home Owners Association
- Built by William Andrew Homes
- Penrose Subdivision
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 24-029-001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,549 | $730,800 | $647,700 | $83,100 |
| 2024 | $7,519 | $727,900 | $647,700 | $80,200 |
| 2023 | $7,308 | $709,500 | $632,700 | $76,800 |
| 2022 | $7,144 | $693,600 | $602,700 | $90,900 |
| 2021 | $6,813 | $661,500 | $565,000 | $96,500 |
| 2020 | $6,266 | $610,700 | $515,000 | $95,700 |
| 2019 | $5,974 | $582,300 | $485,000 | $97,300 |
| 2018 | $5,655 | $562,100 | $460,000 | $102,100 |
| 2017 | $5,353 | $532,100 | $430,000 | $102,100 |
| 2016 | $5,124 | $517,100 | $415,000 | $102,100 |
| 2015 | $5,073 | $509,300 | $405,000 | $104,300 |
| 2014 | $4,759 | $477,800 | $385,000 | $92,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Price Changed | $2,250,000 | -8.9% | $516 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $2,469,000 | -3.6% | $566 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $2,560,000 | -1.5% | $587 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $2,600,000 | +322.1% | $596 / Sq Ft |
| 10/25/2023 10/25/23 | Sold | $616,000 | -8.7% | $696 / Sq Ft |
| 10/09/2023 10/09/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | For Sale | $675,000 | -- | $763 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $616,000 | Ekko Title | |
| Deed | $131,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,631,250 | New Conventional | |
| Closed | $1,349,977 | New Conventional | |
| Previous Owner | $129,929 | No Value Available |
Source: Bright MLS
MLS Number: VAAR2056542
APN: 24-029-001
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