508 GIBBON ST Alexandria, VA 22314 Price Dropped by $26K
UPDATED: 11/12/2026 08:26 PM ON MARKET: 62 days on market
$849,000
2 Beds2 Baths1,400 SqFt
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $606
Subdivision Old Town
MLS Listing ID VAAX2065238
Style Colonial
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,400
Year Built 1880
Available Date 2026-09-11
Annual Tax Amount $7,703
Tax Year 2026
Lot Size 1,102 Sqft
Acres 0.03
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
1880. OLD TOWN. OPPORTUNITY.
Some buyers want a house where every decision has already been made. Others want a home with history, personality, incredible space, and the freedom to make it their own.
508 Gibbon Street has nearly 150 years of Old Town history behind it, and its next chapter is yours to write.
This semi-detached home offers character you cannot manufacture, space you might not expect, and a location you simply cannot recreate.
And yes, it needs some work. Let's talk about why this might be exactly the opportunity you've been waiting for.
First, the space. Two bedrooms, one and a half updated baths, generous closets, open living and dining areas, a separate family room with a wood-burning fireplace, and a sun-filled second-floor flex space with three skylights. Work from home? Create something? Need a quiet retreat? You've got options.
The kitchen opens to the main living spaces, making entertaining easy. Original antique pine floors, stained glass, built-ins, and architectural details bring personality to everyday life. A fenced backyard offers private outdoor space, and a storage shed keeps the bikes, tools, and extras out of sight.
No basement? No problem. With closets, built-ins, and outdoor storage, there's more room for everyday living than you might expect.
No dedicated parking? You're across from an elementary school, where parking demand follows a different rhythm than Old Town's busiest restaurant and shopping streets. And when so much of your life is within reach, you may find yourself using your car less often.
The floors aren't perfectly level. Some updates have been completed, including the bathrooms, roof, and skylights, while other improvements are waiting for your vision. This is an opportunity to make choices for yourself instead of paying for someone else's.
But the biggest selling point isn't inside the house.
It's Old Town Alexandria.
Coffee shops, restaurants, waterfront walks, neighborhood parks, festivals, parades, and road races become part of your everyday life. King Street and the heart of Old Town are close by. Reagan National Airport, the Beltway, and connections throughout Northern Virginia and DC make getting around remarkably convenient.
This is more than a house decision. It's a lifestyle decision.
508 Gibbon Street offers a compelling opportunity in ZIP code 22314: historic character, substantial living space, an exceptional location, and room to create something distinctly yours.
You can change the floors. You can change the finishes. You can make the house your own.
You cannot recreate Old Town. And you certainly cannot recreate 1880.
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