Textile Museum Sells Kalorama Properties for $19 Million
A buyer recently got a bit of discount on two historic Kalorama properties listed by The Textile Museum and George Washington University (GWU).
2320-2330 S Street NW (map) were originally listed for $22 million, making them two of the most expensive properties in DC. A private buyer closed on the properties Thursday for $19 million.
story continues below
loading...story continues above
The properties had been listed for sale by Coldwell Banker for about two years. The buildings, both on the National Register of Historic Places, include 27,000 square feet of living space and 7,000 square feet of gardens.
2320 S Street was home to the Textile Museum’s founder, George Hewitt Myers, who commissioned architect John Russell Pope to build the house in 1912, according to a news release. Myers bought the house next door, built by Waddy Butler Wood, in 1925. Both homes eventually became the home of The Textile Museum until it moved to GWU’s campus in Foggy Bottom in late 2013. GWU and The Textile Museum will use the proceeds from the sale to fund the museum.
The property is zoned for residential or cultural uses, meaning it could end up as an embassy or a private school rather than a private home.
See other articles related to: george washington university, kalorama, textile museum
This article originally published at https://dc.urbanturf.com/articles/blog/textile_museum_sells_kalorama_properties_for_19_million/9946.
Most Popular... This Week • Last 30 Days • Ever
The big news in the development pipeline east of DC's H Street Corridor is the resur... read »
In this article, UrbanTurf looks at the estimated annual maintenance costs associated... read »
Today, UrbanTurf is examining one of our favorite metrics regarding competition in th... read »
Another concept has been unveiled for one of DC's most contentious development sites,... read »
The residential development in the works along Florida Avenue NE is looking to increa... read »
- The 4 Projects In The Works Near DC's Starburst Intersection
- What Are the Annual Maintenance Costs When You Own a Home?
- The 6 Places In The DC Area Where You Aren't The Only One Bidding On a Home
- A First Look At The New Plans For Adams Morgan's SunTrust Plaza
- 46 to 48: The Biggest Project In Trinidad Looks To Get Bigger
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro