DC’s Most Expensive Home Finds a Buyer

by UrbanTurf Staff

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Halcyon House

Halcyon House, the most expensive home on the market in DC, went under contract yesterday. No word on who the buyer is just yet.

The news comes just two weeks after the listing price for the home in Georgetown was reduced to $12.5 million from $15 million.

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The house, located at 3400-3410 Prospect Street NW (map), was originally listed a few years ago for $30 million, and the price subsequently dropped a few times. Not unlike Evermay, the massive estate on the other side of Georgetown that sold back in July, the home went under contract for less than 50 percent of its original sales price. (Washington Fine Properties Mark McFadden was not only the listing agent for Halcyon House, but also brought the buyer for Evermay.)

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Built in in the late 1700s by Benjamin Stoddert, the home has gardens that were designed by Pierre L’Enfant and at one point was owned by the nephew of Mark Twain. For years, the estate has been used as both a residence and as a venue to host weddings and other lavish events.

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Photos courtesy of HomeVisit.

This article originally published at http://dc.urbanturf.com/articles/blog/dcs_most_expensive_home_finds_buyer/4603

4 Comments

  1. jj said at 8:36 pm on Thursday November 17, 2011:

    Thank goodness, I can’t believe it took so long for it to sell.  I hope they got the asking price, it was a steal at that price.

  1. richard said at 8:50 pm on Thursday November 17, 2011:

    And just as one big one gets sold, another big one comes back on the market,at a more attractive price: http://www.sothebysrealty.com/eng/sales/detail/180-l-905-4355852/dupont-washington-dc-20009

  1. patrick said at 11:34 pm on Monday November 21, 2011:

    The same people who bought Everymay bought it for 11 million…that was a steal for that size property, although it has a somewhat awkward location on that corner.  Wonder what they will use it for.  How many giant houses do you need in one neighborhood?!

  1. VZ said at 1:25 pm on Wednesday May 23, 2012:

    So it’s an organization that bought it? So there is a chance they’d sell it again down the road?...

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