A large potential development opportunity west of Rock Creek Park has hit the market.
For the first time in over 50 years, the Kent Ridge estate at 2666 Chain Bridge Road NW (map) has been listed, for $9,825,000. While there are two houses included in the list price, the more interesting part of the listing may be its 1.86-acre lot, which the listing agents tout for being able to accommodate construction of two additional homes.
"Kent Ridge is available as a single compound or provides the opportunity for up to four estate lots ranging in size from 18,437 square feet to 21,683 square feet," the listing reads. As described in the listing, the four new houses could range in size from 2,975 to 4,058 square feet, each with pools and terraces, and would require razing the two existing mid-century houses on the lot.
The site's R-21 zoning is specific to the Chain Bridge Road area, supporting development of single family homes on large lots while encouraging preservation of mature trees and the neighborhood's park-like setting. At a time when the lack of housing production west of Rock Creek Park has garnered increased scrutiny, it will be interesting to see what happens with this property.
The listing is being marketed by Jeffrey Tanck and Mark Lowham of TTR Sotheby's International Realty.
This article originally published at https://dc.urbanturf.com/articles/blog/a-development-opportunity-on-chain-bridge-road/16016.
Most Popular... This Week • Last 30 Days • Ever
In this edition of First-Timer Primer, we look into the question of how to determine ... read »
A Roth IRA is one of those accounts that people feel is totally off limits until you ... read »
The now-historic Uptown Theater; the coming plans for the Landmark Mall; and the high... read »
UrbanTurf Listings is a premium property listings service that showcases some of the ... read »
Long-term mortgage rates dropped this week, hitting pause on the steady ascent that t... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
Why condo fees are high in some buildings and low in others can be a difficult questi... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
When sellers haven't quite lined up their next house before their settlement date com... read »
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... 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