The plot of land for sale at the French Ambassador’s residence.
At an ANC meeting in January, Coldwell Banker’s Alex Venditti informed the Kalorama community that the French Embassy would be selling off a portion of the ambassador’s residential property on Kalorama Circle; its new owner would have their pick of uses.
On Wednesday, that half acre hit the market for $5.6 million. Venditti is listing the property with the Morrell-Roth team at Compass.
While designated as three lots, the properties at the back end of the ambassador’s land at 2221 Kalorama Road NW (map) are being sold as a single parcel and are accessible by a pre-existing entry gate and curb-cut on Kalorama Circle.
The nearly half-acre site is zoned R1B, which allows for matter-of-right development ranging from single-family dwelling(s) to a church or school. This means that in a few years, the property could contain a 40 foot-tall mansion, four 3-story 3,600 square-foot houses, a 60 foot-tall church or school, or a 45 foot-tall community or public recreation center.
The site’s location in a historic district also places stipulations on the development; the brokers have already met with the mayor’s historical preservation agent in preparation to adhere to that protocol. There is no word on whether the apparent interest that this sale is drumming up has anything to do with the incoming administration.
This article originally published at http://dc.urbanturf.com/articles/blog/french_amb_residence_puts_portion_on_the_market/12032
Most Popular... This Week • Last 30 Days • Ever
Landmark Theatres is in the final stages of negotiations that would have it operating... read »
The housing market last month was not as hot as September 2020, but that is probably ... read »
The next phase on the Center Block would deliver 166 apartments and 221 hotel rooms.... read »
DC's crane count still ranks as one of the highest among U.S. cities despite a declin... read »
The latest installment of Above Asking revisits two recently-featured listings in the... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
STAY DC provides rental aid and utility payment grants to at-risk District residents ... read »
The yet-to-be-built home may set a new bar for luxury in the residential real estate ... read »
Federal Realty plans to eventually file a planned unit development application for th... 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