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$48 Million: A Portion of Mt. Vernon Sells, Becomes Priciest Home to Sell in DC Area

by UrbanTurf Staff

River View. Click to enlarge.

A portion of George Washington's Mount Vernon estate has sold, UrbanTurf has learned, becoming the priciest residential sale on record in the DC region. 

The 16.5-acre property along the banks of the Potomac known as River View was listed last year with Heather Corey of TTR Sotheby's International Realty for $60 million. The home sold for $48 million on Friday. 

Living room. Click to enlarge.

The new owner may be Georgia businessman Wayne Johnson, who said that he had a letter of intent to buy the property about a month ago. The home, located at 7979 East Boulevard Drive, was owned by Robert Stevens and Michelle Stevens. Stevens is the former CEO of Lockheed Martin. 

The listing includes a 16,000 square-foot main house, as well 400 feet of water frontage, a three-bedroom guest house, a fully reconstituted carriage house with four parking spaces and a studio apartment, a waterfront dock and reproduction of English colonial boxwood and rose gardens.

River View dethrones the former McLean estate of AOL co-founder Jim Kimsey as the priciest home sale in the region. That home sold for $45 million last January. 

Photos courtesy of Sean Shanahan.

This article originally published at http://dc.urbanturf.com/articles/blog/48-million-a-portion-of-mt-vernon-sells-becomes-priciest-home-to-sell-in-dc/18895

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