Textile Museum Sells Kalorama Properties for $19 Million

• June 1, 2015

by Lark Turner

A buyer recently got a bit of discount on two historic Kalorama properties listed by The Textile Museum and George Washington University (GWU).

2320-2330 S Street NW (map) were originally listed for $22 million, making them two of the most expensive properties in DC. A private buyer closed on the properties Thursday for $19 million.

The properties had been listed for sale by Coldwell Banker for about two years. The buildings, both on the National Register of Historic Places, include 27,000 square feet of living space and 7,000 square feet of gardens.

2320 S Street was home to the Textile Museum’s founder, George Hewitt Myers, who commissioned architect John Russell Pope to build the house in 1912, according to a news release. Myers bought the house next door, built by Waddy Butler Wood, in 1925. Both homes eventually became the home of The Textile Museum until it moved to GWU’s campus in Foggy Bottom in late 2013. GWU and The Textile Museum will use the proceeds from the sale to fund the museum.

The property is zoned for residential or cultural uses, meaning it could end up as an embassy or a private school rather than a private home.

This article originally published at http://dc.urbanturf.com/articles/blog/textile_museum_sells_kalorama_properties_for_19_million/9946