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
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