Real Estate News: Property Lines

Kluge nets another fortune, a B&B bids adieu, Arsht flips in Spring Valley, a restauranteur relocates, and a service leader sells.

Award-winning bed and breakfast, The DC GuestHouse

Award-winning bed and breakfast, The DC Guesthouse

By

KLUGE NETS ANOTHER FORTUNE:

, the former wife of Metromedia Inc. founder John Kluge, has “Albemarle House,” her 45- room English country manor in Charlottesville on the market for $48 million. Sotheby’s recently concluded the two-day auction of its lavish contents, which totaled a staggering $15,158,227 (or $20.2 million if you count the additional 16 pieces of her jewelry auctioned in April). The top lot was a Qing Dynasty Chinese imperial clock created by the Guangzhou Workshops that sold for a whopping $3,778,500 to a private Chinese collector. Ms. Kluge, who is now remarried, is relocating to smaller quarters nearby where she will continue to tend to the winery business she started in 1999.

B&B BIDS ADIEU:

The owners of the popular and award-winning bed and breakfast, The DC Guesthouse, are selling the property at 1337 10TH STREET NW. The 12-bedroom Victorian townhouse, which was purchased in 1999 for only $392,000, is now listed for sale at $4 million — which does not include the price of the business. However, the owners, lifelong friends , , , and have put in over $1 million in updates since they bought it. The mansion features original 1867 wood floors throughout, a commercial-sized kitchen, and a wine cellar.

Adrienne Arsht and Deborah Houlihan

and Deborah Houlihan

ARSHT FLIPS IN SPRING VALLEY:

Entrepreneur and philanthropist Adrienne Arsht has listed 3220 NEBRASKA AVENUE NW in Spring Valley for $7,950,000. She purchased the five-bedroom property last August from and for $6.6 million. It’s likely Arsht is selling her manse because she recently purchased 2850 WOODLAND DRIVE NW for $8.2 million in Massachusetts Avenue Heights, the most expensive property sold in the District so far this year.

RESTAURATEUR RELOCATES:

D.C. restaurateur has listed 4815 DEXTER STREET NW in Wesley Heights for $3,950,000. Along with acclaimed chef , Wilder backs such popular eateries as Jaleo, Zaytinya, Oyamel, and Café Atlantico. The 10,000-squarefoot Colonial, which he bought in 2007, includes a large mainlevel wine cellar, a mahogany and rosewood paneled office, a play room complete with fire pole, and as you’d imagine, a phenomenal gourmet chef’s kitchen.

SERVICE LEADER SELLS:

David and have listed 7610 FAIRFAX ROAD in Bethesda for $4.9 million. Mr. Eisner was appointed CEO of the Corporation for National and Community Service in 2003 by President and is a former vice president of AOL Time Warner where he was in charge of the company’s charitable foundation. The seven-bedroom 1913 Southern Colonial, one of Edgemoor’s five original estates, features ten foot ceilings, seven fireplaces, lush gardens with a pool, and sweeping porches.

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1 Response

  1. Wether by design or happen-stance, Ms. Arsht has a sense for real estate. Sounds like a good move to me! Congratulations.

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