The incoming Commerce Secretary’s new home.
When UrbanTurf wrote about the effect the election would have on the DC real estate market, local market-watcher Andrew Stauch speculated that the luxury home segment — listings priced above $2.5 million — could see increased activity from a Trump presidency.
Well, it appears he may be right.
Commerce secretary nominee Wilbur Ross is under contract on a $12 million estate in Massachusetts Avenue Heights, UrbanTurf has learned. The seven-bedroom Beaux Arts mansion sits on just over an acre of land and has the trappings that one might expect for a home priced in this territory.
In addition to a number of rooms meant for entertaining, there are manicured grounds and terraces that look out on Rock Creek Park, a 12-person theater as well as a library on the lower level, and the house is equipped with a catering kitchen and staff quarters. Listed by Washington Fine Properties, the home has been on the market for a little over a year.
Ross, a banker and investor whose net worth is approximately $2.5 billion, was tapped by president-elect Donald Trump in late November to be commerce secretary. Ross, at least briefly, won’t live too far from his predecessor: current Commerce Secretary Penny Pritzker lives just down the block.
More photos of the home below.
The grounds of the home.
Photos courtesy of HomeVisit.
This article originally published at http://dc.urbanturf.com/articles/blog/trumps_commerce_secretary_under_contract_on_12_million_dc_mansion/11992
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