500 S Wayne St, Arlington, VA 22204
OFF MARKET
  • Studio

500 S Wayne St, Arlington, VA 22204

Penrose

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
415 S Adams St, Arlington, VA
0.02
Single-Family Home
$650,000
02/13/26
2
3
1,732
507 S Adams St, Arlington, VA
0.04
Single-Family Home
$1,899,900
02/24/26
5
5.5
4,363
411 S Veitch St, Arlington, VA
0.09
Single-Family Home
$745,000
05/15/26
2
2
1,497
307 S Adams St, Arlington, VA
0.09
Single-Family Home
$1,125,000
05/27/26
3
2.5
2,008
629 S Adams St, Arlington, VA
0.10
Single-Family Home
$768,800
06/05/26
4
3
1,788
311 S Wayne St, Arlington, VA
0.12
Single-Family Home
$640,000
03/20/26
2
1.5
1,194
302 S Barton St, Arlington, VA
0.13
Single-Family Home
$1,265,000
10/16/25
5
4
2,750
712 S Wayne St, Arlington, VA
0.14
Single-Family Home
$1,300,000
02/27/26
4
3.5
2,618
200 S Adams St, Arlington, VA
0.15
Single-Family Home
$949,900
06/11/26
4
3
1,916
2408 2nd St S, Arlington, VA
0.15
Single-Family Home
$612,500
11/18/25
4
3
2,448

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
507 S Adams St, Arlington, VA 22204
0.04
$1,899,900
5
5.5
4,363
Recently Sold
415 S Adams St, Arlington, VA 22204
0.02
$650,000
2
3
1,732
Recently Sold
511 S Wayne St, Arlington, VA 22204
0.03
$601,000
2
1
850
Off Market
416 S Adams St, Arlington, VA 22204
0.05
$924,600
5
4
2,683
Off Market
2207 6th St S, Arlington, VA 22204
0.04
$615,000
2
1
956
Recently Sold
414 S Wayne St, Arlington, VA 22204
0.03
$972,200
4
3.5
2,430
Off Market
413 S Wayne St, Arlington, VA 22204
0.04
$572,300
2
1
850
Off Market
516 S Veitch St, Arlington, VA 22204
0.06
$711,300
3
3
1,767
Off Market
401 S Barton St, Arlington, VA 22204
0.08
$966,200
3
2
1,918
Off Market
629 S Adams St, Arlington, VA 22204
0.10
$768,800
4
3
1,788
Recently Sold
331 S Wayne St, Arlington, VA 22204
0.07
$723,700
2
2
1,671
Off Market
311 S Adams St, Arlington, VA 22204
0.08
$1,192,200
3
2.5
2,296
Off Market

Homes for rent near 500 S Wayne St

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Local Information

  • Map ViewExplore the area around 500 S Wayne St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

500 S Wayne St is in the Penrose neighborhood in Arlington, VA and in ZIP code 22204.
500 S Wayne St, Arlington, VA 22204 is a studio property in Penrose. This property is not currently displayed as for sale or rent on Trulia.

Market trends in Arlington

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$793K
$19.98KMoM
Sale-to-List Price
100.0%
Price per sq ft
$515
$8MoM
Available listings
602
41MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Penrose
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Penrose

At least 26 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 94 % Say it's walkable to grocery stores

  • 93 % Say it's walkable to restaurants

  • 81 % Say people would walk alone at night

  • 80 % Say streets are well-lit

  • 74 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 73 % Say parking is easy

  • 69 % Say car is needed

  • 60 % Say it's quiet

  • 57 % Say yards are well-kept

  • 56 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "This is a great neighborhood with lots of shopping and restaurants. Easy transit and parking. I have lived here almost twenty years. Love the neighborhood. "
    0
    Flag
  • Marvi S.
    "Very caring neighbors, clean neighborhood, ease of getting around, affordable rents. Bus stop is at a hop away from my building. We can reach nearest metro station (Pantagon City) in 7-9 minutes. Blue and yellow line can easily take us anywhere in DC with fewer transfers. Grocery shops are on very short walking distance."
    5
    Flag
  • Marvi S.
    "Many families in our neighborhood. This area is really good for kids. Public transport is very easily available. Groceries stores are a hop away."
    0
    Flag
  • Sue.dorr
    "I see a lot of friendly people and their dogs when I’m out walking my dog. The dog park is close and well maintained "
    0
    Flag
  • Dkkim66
    "Very easy commute to DC, easy access to Metro via bus, or 20 minute walk, bike friendly. Close to shopping and restaurant s."
    0
    Flag
  • Alejandrosandoval
    "Really nice neighborhood I have lived here for the past 2 years and it is lovely highly recommended "
    3
    Flag
  • GV
    "Nice area just completely self absorbed residents. Just a very cold place. There are lost of restaurants that are good. But like I said the resident done care a bit about anyone but them selves. "
    1
    Flag
  • Chris
    "Great neighborhood! Safe, walkable to bars, restaurants, Pentagon, Pentagon City, Farmers market, lots to do!"
    0
    Flag
  • 8ertom
    "Parking can sometimes be a hassle, there is a lot of street parking that goes on in the neighborhood "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 500 S Wayne St

  • Is Arlington a buyer's or seller's market?
    Arlington is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Arlington?
    The median sale price in Arlington is $793K. That is down $19.98K from the prior month.
  • What do residents say about the Penrose neighborhood?
    Residents describe the Penrose neighborhood in Arlington, VA as dog-friendly, pedestrian-friendly, and walkable to grocery stores. See recently sold homes in Penrose, Arlington.
  • What are the closest schools to 500 S Wayne St?
    The closest schools to 500 S Wayne St in Arlington, VA are Alice West Fleet Elementary (Pre-K, rated 6/10), Jefferson Middle School (rated 5/10), Wakefield High School (rated 4/10).

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

81 rentals with an outdoor space in Arlington, VA

Apartments for Rent

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Off Market Homes Near 500 S Wayne St

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Homes for sale near 500 S Wayne St

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