Trump's Commerce Secretary Nominee Under Contract on $12 Million DC Mansion

• December 15th 2016

by UrbanTurf Staff

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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.

Photos courtesy of HomeVisit.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/trumps_commerce_secretary_under_contract_on_12_million_dc_mansion/11992.