One Of The Largest Homes In The D.C. Area Just Broke Local Price Records With A Sale Price Of $45 Million

  • Date: 28-Jan-2020
  • Source: Forbes
  • Sector:Real Estate
  • Country:GCC
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One Of The Largest Homes In The D.C. Area Just Broke Local Price Records With A Sale Price Of $45 Million

The sales price surpasses the record that was set two years ago when another AOL co-founder, Steve Case, sold his nearby estate for $43 million (after being listed for $49.5 million).. Kimsey bought the first parcel for $7.6 million dollars in 1999 and didn't know the dilapidated home right next door had been designed by Frank Lloyd Wright-or that he would end up purchasing the Wright house for about $2.5 million and embark on an extensive restoration process.. The rear of the main house is nearly floor-to-ceiling windows to take advantage of the views over the river.. When Kimsey was dating Queen Noor, she rented a home about two streets away also overlooking the Potomac River (that home sold for $11 million about ten years ago and in developer circles was also considered an ambitious sale for its small enclave at the time)..