2701 32nd St Nw, Washington, DC 20008

$6,890,000
5
BD
6
BA
5,300
SqFt

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List Price
$6,890,000
Days on Market
81
Status
ACTIVE
MLS#
DCDC2259850
Bedrooms
5
Bathrooms
6
Full Baths
5
Half Baths
1
Living Area
5,300
Lot Size (Acres)
1
Style
French
Year Built
1930
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

Rarely does an acre of land become available in one of Washington's most blue-chip, insulated neighborhoods. Offered as a combined package at $6,890,000 or individually as the existing residence at $3,895,000 and the two adjacent parcels at $2,995,000, this assemblage represents one of the most significant development and estate opportunities in the city. The existing home is a stately European-inspired red-brick residence from the 1930s with a striking turret, original fireplaces, exposed beam ceilings, leaded glass windows, and five bedrooms across five levels with an attached two-car garage. A collaboration between BarnesVanze Architects and CAS Engineering has produced a comprehensive feasibility study with full zoning analysis, site engineering, 3D models, floor plans, and color renderings for multiple development scenarios. The heavy lifting has been done. The recommended program calls for two residences: Lot A expanding the existing home to approximately 7,000 to 8,000 square feet, and Lot B as a new ground-up estate targeting approximately 15,000 to 17,000 square feet with curated outdoor living and security. Both scenarios are entirely by-right under current zoning. One block away, HEIDER represented the sale of a then eight-year-old residence that closed at a number that defined the ceiling of the Washington luxury market at the time. With the right program, this assemblage presents a comparable opportunity to create and capture value at the highest level the city's residential market has to offer.

Additional Information

Subdivision
Massachusetts Avenue Heights
Taxes
$61872.9
School District
District Of Columbia Public Schools
Fireplaces
2
Garage
Yes
Garage Spaces
1
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of TTR Sotheby's International Realty. Contact: