A piece of George Washington’s original Mount Vernon estate has broken the residential sale record of the Washington, D.C. region with a deal closed week worth $50 million.
According to Heather Corey of TTR Sotheby’s International Realty, located in Alexandria, Virginia, the property measures 16.5-acre, features 400 feet of frontage overlooking the Potomac River with a dock. Besides, the 16,000-square-foot main house possesses most rooms with a river view, as Mansionglobal reported.
According to the Multiple Listing Service, the River View Estate transaction was closed on Oct. 29, valued at $ 50 million in total, including $2 million worth of furniture and personal property.
Previously, in September 2020, the property was initially listed for $60 million, according to The Wall Street report.
Ms. Corey said that the sold area is the largest privately-held fragment of the original Mount Vernon estate and is also known as one of the best side views along the Potomac River.
The property statistics revealed that the global defense contractor’s former chairman and CEO of Lockheed Martin, Robert Stevens, and his wife, Michelle, became the first house owner in 2014, closing the deal at $18.6 million. The developer of Tysons Corner, a shopping destination in Tysons, Virginia, Gerald “Jerry” Halpin, sold them the estate.
The couple, former house owners, refused to make any comments while new owners’ information wasn’t still publicly announced yet by Sotheby’s.
The history of the property is also the captivating point of selling.
According to the American Horticultural Society, which also owns a portion of the original property, Washington purchased 1,800 acres of the River Farm in 1760 at £1,210, equivalent to a bankruptcy sale. Later, the estate belonged to Washington’s personal secretary, Tobias Lear, and his wife, known as Martha Washington’s niece, as Washington’s heirs.
Ms. Corey said: “That it was owned by George Washington and in the Washington family for a long time is a big deal.”
The estate was not the same at the time of Washington’s purchase. It experienced the reconstruction according to American Federal style in 2014 with the new, bright white countenance by architect Jim Rill, based in Bethesda, Maryland.
The main house appears to have seven bedrooms, 13-bathrooms, and amenities, including a circular glass room with water views, the grounds, several terraces, a timber library, a game room with a full bar, and a fitness center with an indoor pool and spa.
Furthermore, the home’s available with a three-bedroom guest house and a carriage house with a studio apartment.
The home’s landscape fascinates visitors with landscaped grounds and gardens inspired by old blueprints, including rose gardens and English boxwood shrubs surrounded by mature trees that bring privacy to the property.
Ms. Corey said: “It’s 10 miles from the capital, but it feels like you’re 200 miles away.”