What's Hot: Mortgage Rates Fall Towards 6% Following Fed Cut
Proof That a Church Can Become a Home
✉️ Want to forward this article? Click here.
Sanctuary of Capitol Hill church for sale
About two weeks ago, UrbanTurf featured a church that was for sale on Capitol Hill. We noted that the former home of the Unity of Washington church would likely draw interest from a select buyer pool, primarily developers with any eye to converting the property for a new use (likely a small condo project).
The Wall Street Journal has proven that the buyer pool for a property like this may be larger than we think. In their House of the Day feature, the newspaper has profiled a former church that was purchased by a real estate developer in 2007 and then converted into his residence.
San Francisco church turned home. Image from The Wall Street Journal.
In addition to replacing floors, repairing leaks and adding bedrooms, the owner, Siamak Akhavan, also had the property “seismic retrofitted” to better withstand earthquakes, according to the paper. The exterior of the church was updated, but looks very similar to when it was purchased four years ago, and the bell tower is still in place although now it has been converted to a walk-in closet and office.
Exterior of former church. Image from The Wall Street Journal.
On the market for $7.49 million, the San Francisco church makes the one on Capitol Hill look like a steal (although Akhavan did put about $3 million worth of work into his home).
See other articles related to: capitol hill, churches, luxury real estate dc, san francisco
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/proof_that_a_church_can_become_a_home/3122.
Most Popular... This Week • Last 30 Days • Ever
Mortgage rate buydowns can be a good option for buyers who want to save money on inte... read »
Plans filed this week provide the latest look at the 106-key hotel in the works at an... read »
A plan to add another new residential building to the Friendship Heights pipeline is ... read »
The eight-bedroom, 35,000 square-foot home in McLean known as The Cliffs went under c... read »
The large new development would take the place of the Ballston One office building al... read »
- How Does a Mortgage Rate Buydown Work?
- A Look At Georgetown's New 100-Key Hotel Along The Canal
- Donohoe Files PUD For 127-Unit Development in Friendship Heights
- A $30 Million Sale? One Of The DC Area's Most Expensive Homes Finds A Buyer
- Updated Plans Filed For 328-Unit Development At Arlington Office Site
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