Way back in June 2010, UrbanTurf reported that there seemed to be a high number of bed and breakfasts listed for sale in the city. One of those properties was the DC GuestHouse, a nine-bedroom property in Shaw, with an asking price of $4 million.
A year and a half later, the bed and breakfast has found a buyer, but at half its initial listing price. The GuestHouse, located at 1337 10th Street NW (map), sold yesterday for $1.95 million, slightly less than its most recent price of $1.99 million and well below what it was asking in 2010. Still, the seller saw some serious appreciation as they purchased it back in 1999 for a paltry $392,000.
The DC GuestHouse officially closed its doors at the end of 2011, and held an estate sale earlier this month. No word yet on what the future holds for the property.
This article originally published at http://dc.urbanturf.com/articles/blog/50_percent_off_dc_guesthouse_sells_for_1.95_million/5040
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