River Place Condos For Sale & Arlington Real Estate, VA

River Place is one of the largest and most recognizable residential communities in Arlington, Virginia. Located in the heart of Rosslyn, just across the Potomac River from Washington, DC, River Place offers buyers a rare opportunity to own property within walking distance of Metro, Georgetown, and many of the region's largest employment centers.

Originally completed in 1954, River Place consists of approximately 1,650 residences spread across four high-rise buildings situated on more than 16 acres of professionally maintained grounds. The community remains popular with first-time buyers, investors, government employees, military personnel, and commuters who want an Arlington address without the price tag often associated with newer luxury towers in Rosslyn.

Few communities in Northern Virginia offer the combination of location, amenities, and accessibility found at River Place. Residents enjoy quick access to downtown Washington, DC, Georgetown, the Pentagon, National Landing, Reagan National Airport, and Arlington's urban corridors while living in one of the county's most established residential communities.

River Place Building Overview

River Place is made up of four separate residential buildings located along Arlington Boulevard.

• River Place North – 1121 Arlington Boulevard
• River Place East – 1021 Arlington Boulevard
• River Place South – 1011 Arlington Boulevard
• River Place West – 1111 Arlington Boulevard

Although each building has its own characteristics, all four share access to the larger River Place community amenities and common areas. Over the years, many residences have undergone significant renovations, creating a wide variety of finishes, layouts, and price points throughout the development.

River Place Quick Facts

• Built: 1954
• Property Type: Cooperative Residences
• Style: High-Rise Community
• Total Units: Approximately 1,650
• Neighborhood: Rosslyn
• Metro: Rosslyn Station
• Ownership: Cooperative (Co-op)
• Status: Completed

River Place Residences & Floor Plans

River Place offers a broad range of floor plans that appeal to a variety of buyers. Whether you're looking for a pied-à-terre near Washington, DC, an investment property, or a primary residence close to Metro, River Place provides options that are often difficult to find elsewhere in Rosslyn.

Available floor plans may include:

• Studio residences
• Junior one-bedroom layouts
• Traditional one-bedroom residences
• Large one-bedroom homes with dens
• Two-bedroom floor plans
• Select corner and penthouse residences

Many units have been renovated with modern finishes including updated cabinetry, stone countertops, stainless steel appliances, hardwood flooring, recessed lighting, and renovated bathrooms. Buyers will find significant variation between residences, making it important to compare updates, condition, views, and monthly fees when evaluating available listings.

Depending on the building and floor level, some residences offer views of Rosslyn's skyline, Georgetown, the Potomac River, Theodore Roosevelt Island, or Washington, DC.

River Place Amenities & Features

One of River Place's strongest advantages is its extensive amenity package. The community functions almost like a small neighborhood, with services and conveniences located directly on-site.

• Large outdoor swimming pool
• Fitness center
• Community meeting rooms
• Convenience store
• Dry cleaning services
• Beauty salon
• Garage parking
• Controlled access buildings
• Elevator service
• Common laundry facilities
• On-site management
• Professionally maintained grounds

The large pool area is particularly popular during the summer months and provides a resort-like atmosphere that is difficult to replicate in many newer high-rise developments.

Important Details Buyers Should Understand

River Place differs from most condominium communities in Arlington. Buyers should understand two important factors before purchasing.

River Place Operates As A Cooperative

Unlike a traditional condominium, River Place operates as a cooperative, commonly referred to as a co-op. Buyers purchase shares in the cooperative rather than owning a condominium unit outright.

This ownership structure can affect financing options, monthly fees, lending requirements, and the purchase process. Working with a lender and Realtor familiar with River Place can help buyers better understand the process.

River Place Is Located On A Land Lease

Another important consideration is that River Place sits on leased land. The current land lease is scheduled to expire in 2052.

The land lease is one of the primary reasons River Place homes often sell at lower price points than nearby Rosslyn condominiums. Buyers should carefully evaluate how the lease structure may impact financing, investment goals, and long-term ownership strategies.

Rosslyn Location & Lifestyle

Location is the primary reason many buyers choose River Place. The community sits just a short walk from the Rosslyn Metro Station, which serves the Orange, Silver, and Blue Lines.

Residents enjoy convenient access to:

• Rosslyn Metro Station
• Georgetown
• Key Bridge
• Theodore Roosevelt Island
• Mount Vernon Trail
• Downtown Washington, DC
• The Pentagon
• National Landing
• Clarendon
• Ballston
• Tysons
• Reagan National Airport

Rosslyn has evolved into one of Arlington's most dynamic urban neighborhoods, offering modern office towers, restaurants, coffee shops, waterfront parks, and easy access to some of the region's most desirable destinations.

Why Buyers Consider River Place

River Place continues to attract buyers because it offers an opportunity to live in Rosslyn at a price point that is often significantly lower than nearby luxury buildings.

Many buyers appreciate:

• Exceptional Rosslyn location
• Walkability to Metro
• Access to Georgetown
• Extensive amenity package
• Variety of floor plans
• Potential investment opportunities
• Strong commuter convenience
• Lower acquisition cost compared to newer buildings

While the co-op structure and land lease are important considerations, many buyers find the tradeoff worthwhile because of the community's location and accessibility.

Nearby Rosslyn Condo Communities

Buyers considering River Place may also want to explore nearby Arlington condo communities including Prospect House, The Waterview, Turnberry Tower, Key & Nash, and other residences throughout Rosslyn.

River Place FAQ

Is River Place a condominium?

No. River Place operates as a cooperative (co-op) rather than a traditional condominium community.

When was River Place built?

River Place was originally completed in 1954.

How many buildings are part of River Place?

The community consists of four buildings: River Place North, River Place East, River Place South, and River Place West.

How many residences are in River Place?

There are approximately 1,650 residences throughout the community.

Why is River Place typically more affordable than nearby Rosslyn condos?

The cooperative ownership structure and land lease contribute to lower acquisition costs compared to many nearby luxury condominium buildings.

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