There are very few neighborhoods in DC that can attract a buyer willing to spend $17 million on a custom home that hasn’t been built yet, but perhaps Georgetown is one of them.
UrbanTurf has learned that Robert Elliott, the developer that plans to replace the Georgetown Dominos at 3255 Prospect Street NW (map) with seven high-end condos is also offering another option that could be constructed in place of the condos if the right buyer comes along.
Existing elevation at 3255 Prospect Street NW
Elliott is also offering plans for a 16,000 square-foot mansion spread over four levels to be built on site, which would include options such as a 10-12 car garage. The buyer would work with architecture and design firm Beyer Blinder Belle to customize the interior, as the exterior has already been approved by the Commission of Fine Arts and the Old Georgetown Board. The home would carry $17 million price tag and is being marketed by the Hatfield-Weir team at Washington Fine Properties.
While the $17 million home is marketed in the coming months, the developer will continue to work on plans for the condos and is setting a deadline of around November of this year for a buyer to bite on the single-family home option.
This article originally published at http://dc.urbanturf.com/articles/blog/16000_square_feet_12-car_parking_17_million_spec_house_floated_in_georgetow/12728
Most Popular... This Week • Last 30 Days • Ever
Following a bankruptcy auction, sale closed on the property last November.... read »
The new home also has an owner's suite that spreads out over 3,300 square feet.... read »
Built in 1840, the home has been home to members of Congress and presidential cabinet... read »
Over 8,000 apartments were absorbed in DC in 2021 for the first time.... read »
A neighbor of the priciest home to ever sell in the DC region appears to be taking in... read »
UrbanTurf is re-running its primer on property taxes which outlines a few things that... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
The H Street Corridor once epitomized DC's development boom, but construction activit... read »
The upzoning would mandate additional Inclusionary Zoning units for developments alon... read »
The Shaw pipeline is starting the year off hot.... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
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. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro