Home | Newsletter | Advertise
loading...

$20 Million Arlington Mansion Hits Auction Block Again

  • December 11th 2014

by UrbanTurf Staff

$20 Million Arlington Mansion Hits Auction Block Again: Figure 1
Looking up at the ridge where 201 Chain Bridge Road sits.

Perhaps third time’s the charm for the auction of one of the priciest homes in the DC region.

201 Chain Bridge Road (map), a 20,000-square foot house in Arlington, is scheduled to be auctioned off at the end of January. The 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 magazine, months before the owner foreclosed on it. Last year, the home was assessed at $20.3 million.

If history is any indication, the auction moving forward is not a sure thing. The home has been on the auction block twice before, once in 2012 and then again in 2013, but both auctions were cancelled when owner Rodney B. Hunt, the founder of government contracting firm RS Information Systems, convinced the bank that he could make the monthly payments.

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.

We’ll continue following the property to see what happens next.

This article originally published at https://dc.urbanturf.com/articles/blog/one_of_dc_areas_priciest_homes_hits_auction_block_again/9334.

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