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


Related Articles

arrow_forward_ios
Ribbon co-founders Shaival Shah and Wei Gan (Ribbon, iStock)
Homebuying startup Ribbon to take on Midwest, West Coast markets
Homebuying startup Ribbon to take on Midwest, West Coast markets
(Compass)
Waterfront home in Water Mill asks $19.5M
Waterfront home in Water Mill asks $19.5M
Loy Carlos leaves Corcoran for Serhant luxury unit
Loy Carlos leaves Corcoran for Serhant luxury unit
Loy Carlos leaves Corcoran for Serhant luxury unit
Deconstruct Podcast
Now streaming: the debut episode of Deconstruct, TRD’s new podcast
Now streaming: the debut episode of Deconstruct, TRD’s new podcast
New Yorkers who signed concession-laden apartment deals during the pandemic are finding a rude surprise when it's time to renew. (iStock)
New York: Welcome to the era of sky-high renewals
New York: Welcome to the era of sky-high renewals
For the first time this year, homebuilders received a respite from rising materials costs, driven by a drop in softwood lumber. (iStock)
Homebuilders finally get a break on material costs
Homebuilders finally get a break on material costs
Competition in the residential market peaked in April when nearly 75 percent of home offers had to contend with at least one other bid. (iStock)
Pressure on home shoppers eases as bidding wars hit 2021 low
Pressure on home shoppers eases as bidding wars hit 2021 low
Buyers undaunted as climate change risks staggering number of U.S. homes
Buyers undaunted as climate change risks staggering number of U.S. homes
Buyers undaunted as climate change risks staggering number of U.S. homes
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...