DC mansion sells for $16.1M in record deal

New York /
Apr.April 12, 2014 02:00 PM

The Williams-Addison house at 1645 31st St. NW in Washington, D.C. sold for $16.1 million, making it the highest price paid for a home in the District since 2010 despite being sold for less than the asking price.

The 12,000-square-foot Second Empire mansion, which was listed earlier this year at $16.8 million, is one of the few remaining estates in Georgetown and the only one with its original boundaries.

Neither listing agent Victor Valentine of Stages Select and Capital City Real Estate nor buyer’s agent Laurie Mensing of Long and Foster would disclose the buyer’s identity.

The property had been known for years as the Friendly Estate because former Washington Post managing editor and Pulitzer Prize-winning reporter Al Friendly lived there with his family. It was later owned by Marc Teren, a former CEO of The Washington Post Co.’s online subsidiary.

Capital City Real Estate spent two years restoring the home, which was originally built between 1815 and 1817. [WP] —TRD


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