Halcyon House, the second most expensive home to go under contract in DC in 2011, officially sold yesterday for $11 million. The home in Georgetown was originally listed for $15 million, then the price was reduced to $12.5 million and the eventual buyers (pharmaceutical tycoons Ryuji Ueno and Sachiko Kuno) got a discount beyond that when all was said and done.
The house, located at 3400-3410 Prospect Street NW (map), is the second massive estate in Georgetown that the couple has purchased. They also bought Evermay back in July 2011 for 50 percent of its original sales price.
Built in in the late 1700s by Benjamin Stoddert, Halcyon House has gardens that were designed by Pierre L’Enfant and at one point was owned by the nephew of Mark Twain. For years, the estate has been used as both a residence and as a venue to host weddings and other lavish events.
Photos courtesy of HomeVisit.
This article originally published at https://dc.urbanturf.com/articles/blog/halcyon_house_closes_for_11_million/5255.
Most Popular... This Week • Last 30 Days • Ever
Why condo fees are high in some buildings and low in others can be a difficult questi... read »
When sellers haven't quite lined up their next house before their settlement date com... read »
In this edition of First-Timer Primer, we look into the question of how to determine ... read »
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
Here's what you need to know about reporting profit made from the sale of your home.... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
In this edition of First Timer Primer, we take a closer look at what you are actually... read »
To help home buyers and sellers both novice and seasoned, UrbanTurf is running a seri... read »
A recent transaction shows that the housing market isn't cooling off everywhere.... 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