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Luxury Real Estate News and Information - Christie's International Real Estate

Wednesday, October 19, 2011

Long & Foster Real Estate Lists US$12 million Estate in Washington, D.C.

Located near Embassy Row, the property ranks as second-highest priced in the city

Long & Foster® Real Estate, Inc., the largest independent residential real estate company in the United States and an exclusive Affiliate of Christie's International Real Estate, today announced it has, as part of its extensive number of current listings, the second-highest priced property in Washington, D.C. The property, located in the Massachusetts Heights area in Northwest Washington, is listed by Samu Qureshi, a sales associate with W.C. & A.N. Miller Realtors®, a Long & Foster Company.
In July, Long & Foster sold Washington’s most expensive property, Evermay, which was listed at $25.9 million. The Evermay estate was enrolled in the Christie's International Real Estate Bespoke Marketing Program.  
“We are very excited about this latest listing. To represent two of the highest-priced properties in one market area is reflective of our position as the number one seller of luxury properties in the Mid-Atlantic region, and of our exclusive affiliation with Christie’s International Real Estate,” said Gary Scott, president of Long & Foster Real Estate, Inc.
“Sellers and buyers of high-end properties are increasingly recognizing the power of the global spotlight Long & Foster, with its affiliations, provides to properties such as these, as well as the value of the luxury homeownership experience we offer them,” added Scott.
According to Qureshi, this extraordinary home exudes warmth and comfort, but it also offers a majestic setting replete with opulent spaces and a fantastic flow, ideal for hosting large or small events both indoors and out. It features a state-of-the-art gourmet kitchen with a butler pantry, as well as a second main-level catering kitchen with a separate entrance.
The three-level hexagonal tower offers private hideaways and look-outs, as well as a view of one of the largest and most mature cherry blossom trees in Washington. Located on Benton Place, N.W., notable properties in the small neighborhood include the Washington National Cathedral and Observatory Circle, residence of the U.S. vice president. The home is just one of four located on a street that is a quiet oasis just a block off Massachusetts Avenue, and sits next to the former home of the late book tycoon, Herbert Haft, and a stone throw from the woods of Rock Creek Park.
“The property was originally two houses, built in 1918, on quarter acre lots. In 2001, they were joined together seamlessly by nationally-recognized builders Escobar & Robb,” said Qureshi. “Virtually the entire interior was rebuilt, resulting in a palatial estate reminiscent of a grand Mediterranean villa. It truly is one of the most magnificent homes in Washington,” he added.
The home’s main level features two one-bedroom suites, one of which has access to the second kitchen and lower tower breakfast room. The upper level has a total of six bedrooms, including the ultimate master suite comprised of two bedrooms, two lavish baths, a sitting room and three walk-in closets. The home also features 10 full baths and three half baths.
A stunning two-story grand foyer features a one-of-a-kind custom-built S-shaped staircase, polished marble floors and two chandeliers with motorized light lifts for cleaning. A magnificent living room features glass-covered, lighted arched display niches, elegant sconces and silk damask roman fabric window treatments with fringed valences.
The family room includes huge hand-hewn wooden ceiling beams, upholstered beaded cornices with a Moroccan flair, motorized drapes, and a custom designed cast stone mantle over the fireplace.  In addition, the family room offers magnificent views of the estate. Beyond the galleria, the custom-designed library contains  floor-to-ceiling hand-crafted maple built-in bookcases.
Outside, the property features a pool surrounded by a large patio area, a fountain and landscaped gardens. A self-enclosed pool house includes a full bath, a separate changing room, and a full sized refrigerator, sink, counters and cabinets.
In addition, slate steps leading to the front entrance are heated to prevent ice or snow accumulation in the winter months, and an elevator from the four-car garage transports residents to the main floor and on to the upper level entrance of the double master suite.
“This really is one of the most beautiful homes in Washington, D.C., cloistered amidst the splendor of Rock Creek Park and just five minutes from downtown and the White House,” said Qureshi. “With a price well below its assessed value, it is also an attractive investment,” he added.