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DC's Most Expensive Home Finds a Buyer

  • November 17th 2011

by UrbanTurf Staff

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DC's Most Expensive Home Finds a Buyer: Figure 1
Halcyon House

Halcyon House, the most expensive home on the market in DC, went under contract yesterday. No word on who the buyer is just yet.

The news comes just two weeks after the listing price for the home in Georgetown was reduced to $12.5 million from $15 million.

DC's Most Expensive Home Finds a Buyer: Figure 2

The house, located at 3400-3410 Prospect Street NW (map), was originally listed a few years ago for $30 million, and the price subsequently dropped a few times. Not unlike Evermay, the massive estate on the other side of Georgetown that sold back in July, the home went under contract for less than 50 percent of its original sales price. (Washington Fine Properties Mark McFadden was not only the listing agent for Halcyon House, but also brought the buyer for Evermay.)

DC's Most Expensive Home Finds a Buyer: Figure 3

Built in in the late 1700s by Benjamin Stoddert, the home has gardens that were designed by Pierre L’Enfant and at one point was owned by the nephew of Mark Twain. For years, the estate has been used as both a residence and as a venue to host weddings and other lavish events.

DC's Most Expensive Home Finds a Buyer: Figure 4

Photos courtesy of HomeVisit.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/dcs_most_expensive_home_finds_buyer/4603.

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