3303 Water Street: Luxury On the Waterfront

• April 12th 2012

by Shilpi Paul

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When 3303 Water Street (map) was built in 2004, almost no expense was spared.

Anthony Lanier, the Brazilian-born, Austria-raised developer behind Eastbanc, the firm responsible for developing Cady’s Alley and much of Georgetown and the West End, constructed the building in an ‘industrial luxe’ fashion. Tucked away on Water Street steps from the Potomac, the building manages to be both off the beaten path and centrally located. One side overlooks the canal, and the shops on M Street are a few minutes away. The exterior was constructed with brick, metal, glass and concrete for a mostly modern look that manages to blend in with the brick architecture in the neighborhood. The interiors are lofty and breezy.

Because several of the units were sold before construction was completed, many of the residents were able to customize units, adding built-ins and closet features. Two residents even super-sized their spaces, combining a couple original floor plans to create a massive 6,650 square-foot home. One of those condos is currently on the market for the catchy yet sky-high price of $7,777,777.

In total, there are 70 units at 3303 Water, ranging from one-bedrooms to the aforementioned palaces. The floor plans vary, with some flats and some duplexes, some with open spaces and some with cozier layouts. There are modern architectural elements, like floor-to-ceiling windows offering views of Rosslyn, the Potomac, the Key Bridge and Roosevelt Island. The lobby is staffed around the clock with security and a concierge, and parking is available, as well as extra storage. The common areas are correspondingly attractive. An 8th floor deck is open to residents and can be rented out for private parties, and there is a ninth floor rooftop pool. The one blight to the location is its very close proximity to the Whitehurst Freeway, which runs right by the center of the building.

Many of the original residents have stuck around. Overall, the demographic is certainly wealthy, but includes residents of all ages. “Young couples stay, get married, have children,” Monica Boyd, an agent who sold many of the units, told UrbanTurf. “I never imagined kids at Water Street, but there are quite a few.”

Four units are currently on the market. The six-bedroom, multi-million dollar condo mentioned above tops the list, but on the low end is a one-bedroom, 950 square-foot condo for just $925,000.

This article originally published at https://dc.urbanturf.com/articles/blog/3303_water_street_luxury_on_the_waterfront/5408.