A 3.8-acre estate on Virginia’s Potomac River hit the market this week for $21 million, making it the most expensive listing in the Washington, D.C., area. It’s also being marketed as a tear down.
“It’s one of the last great sites along [Virginia’s] Gold Coast,” said listing agent Mark Lowham of TTR Sotheby’s International Realty. “There’s a nice home on the property, but the site lends itself to be reimagined. It’s an incredible opportunity.”
Dubbed Ester Hill, the existing four-bedroom, four-bathroom sits on a knoll “which offers sweeping views in both directions along the river. In addition to the distant views, the estate affords exceptional privacy rarely available inside the Capital Beltway,” according to the listing.
The property includes two buildable lots on which to create “a world-class estate along McLean’s coveted Gold Coast,” according to the listing. Plus it’s on the border of D.C. and a little more than five miles to the White House.
The home is part of the estate of the late Richard Darman—who served as a partner and managing director of the private equity firm, The Carlyle Group—and his late wife, Kathleen, according to records with PropertyShark. They lived there for several decades, naming it Easter Hill because of the pastel-colored trees on the property.
The listing comes after the $50 million sale earlier this week of a 16.5-acre estate in Alexandria, Virginia, listed by Heather Corey of TTR Sotheby’s International Realty. The property was once part of George Washington’s Mount Vernon estate, and was the most expensive residence ever sold in the Washington, D.C. area, Mansion Global reported.
Article Source: Mansion Global