Home | Newsletter | Advertise
loading...

Auction Canceled (Again) For One of DC's Area's Priciest Homes

  • February 21st 2013

by Shilpi Paul

✉️ Want to forward this article? Click here.

Auction Canceled (Again) For One of DC's Area's Priciest Homes: Figure 1
Looking up at the ridge where 201 Chain Bridge Road sits.

For the second time, the auction of one of the DC area’s priciest homes was canceled.

No reason was given for why the Thursday morning auction of 201 Chain Bridge Road (map), which has been assessed at $20.3 million, was canceled. But the cancellation of this event is now becoming a trend. The initial auction, set for September 2012, was also canceled.

The 20,000-square-foot Mediteranean-style home, which overlooks the Potomac River and has views of DC’s skyline, was recognized as the third most expensive home in the May 2012 issue of Washingtonian, months before the owner foreclosed on it.

Built in 2003, the home boasts MTV Crib-worthy features like multiple bowling lanes, a 15-car underground garage, a movie theater and indoor and outdoor spa amenities like a sauna, steam room and pool.

The auction for the unusually massive home was set to take place on the Arlington County Courthouse steps, which would’ve made for an entertaining scene of bidding millionaires. We’ll continue following the property to see what happens next.

See other articles related to: auctions

This article originally published at https://dc.urbanturf.com/articles/blog/auction_canceled_again_for_one_of_dcs_areas_priciest_homes/6689.

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. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse