The $700,000 Bump in Georgetown
1055 High
1055 High is the seven-unit luxury project in Georgetown that sold out last year in a matter of weeks. Now, just over a month after the units settled, one of the three-bedrooms at 1055 Wisconsin Avenue NW (map) is back on the market at a notably higher price point.
Unit 4-W closed in early December for $4.65 million. The 3,300 square-foot condo was listed Tuesday for $5.3 million.
Unit 4W
While the price jump is significant, it is important to remember the demand associated with these residences. Priced between $3.6 and $5.5 million, all the condos went under contract within three weeks of hitting the market, and each sold to an all-cash buyer paying substantially over list price.
All of the units at 1055 High have expansive private terraces, large kitchens with Thermador and Miele appliances, and bathrooms with heated marble floors and towel racks. The building has a landscaped roof with a heated pool and fitness center, two parking spaces for each residence and a 24-hour concierge. 1055 High was developed by Eastbanc and designed by the architecture firm Beyer Blinder Belle.
Unit 4-W is listed by Mark McFadden of Washington Fine Properties. Full details here.
See other articles related to: 1055 high, georgetown
This article originally published at https://dc.urbanturf.com/articles/blog/the_700000_bump_in_georgetown/9458.
Most Popular... This Week • Last 30 Days • Ever
The big news in the development pipeline east of DC's H Street Corridor is the resur... read »
In this article, UrbanTurf looks at the estimated annual maintenance costs associated... read »
Today, UrbanTurf is examining one of our favorite metrics regarding competition in th... read »
Another concept has been unveiled for one of DC's most contentious development sites,... read »
The residential development in the works along Florida Avenue NE is looking to increa... read »
- The 4 Projects In The Works Near DC's Starburst Intersection
- What Are the Annual Maintenance Costs When You Own a Home?
- The 6 Places In The DC Area Where You Aren't The Only One Bidding On a Home
- A First Look At The New Plans For Adams Morgan's SunTrust Plaza
- 46 to 48: The Biggest Project In Trinidad Looks To Get Bigger
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro