At $25 Million, This Is The Most Expensive Home Ever Sold In DC
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The priciest home to ever sell in Washington, DC closed on Friday.
The 16,250 square-foot home along Foxhall Road NW owned by Fox News anchor Bret Baier sold today for $25 million. While it is a discount from its most recent list price of $28.995 million, the sales price is still the highest ever recorded in the city. Daniel Heider of TTR Sotheby's International Realty represented both the buyer and the seller.
The home, which originally hit the market last October for over $30 million, was purchased by Donald Trump's pick for Commerce Secretary Cantor Fitzgerald CEO Howard Lutnick. Commerce secretaries under Trump are fans of DC's pricey real estate -- Wilbur Ross purchased a $12 million estate in Massachusetts Avenue Heights back in 2016.
Bret Baier and and his wife spent $30 million building the home, according to The Wall Street Journal, but only lived in it for a year, as the family relocated to Palm Beach, Florida.
Given that the home only went under contract four days ago, there is a high likelihood that it was purchased in an all-cash transaction. The listing dethroned the Bowie-Sevier house in Georgetown as the priciest sale on record in DC. That home sold for $24 million in 2007.
Photos courtesy of Studio Trejo.
See other articles related to: bret baier dc house, dc area's most expensive home, dc's most expensive home, dc's most expensive homes, luxury real estate dc, the trump effect on dc real estate, ttrsir
This article originally published at https://dc.urbanturf.com/articles/blog/at_25_million_this_is_the_most_expensive_homes_ever_sold_in_dc/23034.
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