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Overheated? DC-area fixer-upper gets 88 offers — 76 all-cash

April 4, 2021

For the latest evidence of a surging suburban sales market, look just outside Washington, D.C. There, a serious fixer-upper sold for 70 percent above its appraisal after receiving 88 offers — 76 all-cash, according to the New York Post. A buyer closed on the four-bedroom home in Silver Spring, Maryland, for $460,000, well above the $275,000 court-mandated appraisal that followed the owner’s death, according to the report. With home prices peaking in the area, the

Filed Under: Real estate Tagged With: home page, housing market, washington d.c.

Cherry tree’s gone, but rest of estate will cost you $60M

October 4, 2020

A 16,000-square-foot mansion situated on a piece of American history is about to hit the market for $60 million. The massive home, known as River View Estates, was built on land that was once part of George Washington’s Mount Vernon estate, according to the Wall Street Journal. It’s reportedly the most expensive home listing ever in Alexandria, Virginia, which is about eight miles from Washington, D.C. The mansion is owned by Robert Stevens, a former

Filed Under: Real estate Tagged With: luxury real estate, residential real estate, washington d.c.



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