What's Hot: Mortgage Rates Fall Towards 6% Following Fed Cut
Steve Case's Merrywood Estate Purchased By Saudi Arabia For $43 Million
✉️ Want to forward this article? Click here.
Merrywood
AOL just keeps making its way back into DC area real estate headlines.
A week after the estate of AOL co-founder James Kimsey was listed for almost $63 million, Steve Case's Merrywood estate in McLean, Virginia has a new owner. The home, listed for $49.5 million, sold to the government of Saudi Arabia for $43 million last week, according to The Wall Street Journal. Merrywood was co-listed by Mark Lowham of TTR Sotheby’s International Realty and Juliana May of JLL. Monica Boyd of Coldwell Banker represented the buyer.
Case and his wife purchased the 23,000 square-foot estate, which sits on seven acres along the Potomac River, for $24.5 million in 2005. The nine-bedroom estate has the trappings that one would expect of a house that carries a price tag just south of $50 million. There are formal gardens, an outdoor swimming pool and an indoor lap pool, a tennis court, a wine cellar and a gym. An elevator goes to all four levels of the home. The master suite has two dressing rooms, a study and an exercise room.
story continues below
loading...story continues above
Case is not the only bold-faced name to have called Merrywood home. Jackie Kennedy lived at Merrywood as a child after her mother married Standard Oil heir Hugh D. Auchincloss Jr. who owned the estate in the mid 20th century.
See other articles related to: aol, luxury real estate mclean, merrywood, steve case
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/steve-cases-merrywood-estate-purchased-by-saudi-arabia-for-43-million/14049.
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