Home | Newsletter | Advertise
loading...

River Point, A Sprawling Planned Home in McLean, Sells For $24 Million

  • November 18th 2020

by UrbanTurf Staff

A rendering of River Point. Click to enlarge.

One of the most expensive homes in the DC area isn't even built yet, but that didn't stop it from finding a buyer. 

River Point, a collection of three parcels totaling three acres overlooking the Potomac River in McLean, closed last week for $24 million, down from its original list price of $28.75 million. Mark Lowham of TTR Sotheby's International Realty represented the buyer and seller in the transaction. 

Another rendering of the planned home. Click to enlarge.

The $24 million price tag comes with more than just three of the most picturesque acres in Virginia. It also includes complete building plans for a sprawling 30,000 square-foot home with seven to eight bedrooms, a carriage house, tennis court, and garage and surface parking for more than 50 cars. The plans were designed by Atlanta architect Stanley Dixon. 

River Point sits next door to the former home of late AOL co-founder James V. Kimsey, which was the most expensive home to ever be listed in the DC area with a price tag of $62.95 million. It sold earlier this year for $45 million. 

This article originally published at https://dc.urbanturf.com/articles/blog/river-point-the-priciest-spec-home-in-the-dc-area-sells-for-24-million/17551.

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!

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