R E N E W S

T H E D I S T R I C T · M A R Y L A N D · V I R G I N I A

BY MARY K. MEWBORN

THE DISTRICT

Washington Fine Properties' Giselle Theberge has helped sell the four-level brick Colonial at 1731 Hoban Road, N.W. The property had been home to Tracy Mullin, the National Retail Federation's president and CEO. One of the original thirteen houses built in prestigious Colony Hill, the six-bedroom residence was constructed in 1932 and sits on a quiet treelined street adjacent to Glover Archbold Park. Renovated and expanded in 1999, the house features a gracious living room with double crown moldings and original random-width hardwood floors. There is a spacious chef 's kitchen with a breakfast nook, double pantry and a custom-built china cabinet. Columns flank the entrance to a charming library with crown moldings, coffered ceiling, builtin bookcases and a slate hearth fireplace. A tree top terrace is accessible via French doors from the living room, dining room and a new sunroom. Additional exterior highlights include a brick staircase leading from the driveway to a grilling deck and the sunroom, beautifully landscaped side gardens and a private backyard with flagstone patio. A lower level with an exercise room, work area, storage room, laundry room, powder room and garage completes this spacious home. The property was offered at $2,695,000 and sold at the asking price.
Long and Foster's Richard Oder recently closed the deal on 3147 O Street, N.W. The brick five-level, three-bedroom home with three and a half baths belonged to attorney Brian Buckelew. The new owner is David Mayfield, a prominent Charlotte area real estate developer. Mayfield paid $1,975,000 for the Georgetown residence with a finished basement, a fireplace, off-street parking and a large rear fenced-in yard.
Thanks to Coldwell Banker's Bobbie Brewster, #207 at 2540 Massachusetts Avenue, N.W., sold for $1.4 million. The threebedroom condo with three full baths belonged to Shari and Steve Ashman, chairman of Capital Bank. The Ashmans sold their home to Peter Wallison, a resident fellow and codirector of the American Enterprise Institute's program on financial market deregulation, and his wife Frieda. In the 1980's, Mr. Wallison was general counsel of the Treasury Department helping the Reagan administration formulate plans to deregulate the financial services industry. He later became counsel to the President. He is the author of Ronald Reagan: The Power of Conviction and the Success of His Presidency. He is also co-author of Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac.

MARYLAND

Award winning corporate litigation lawyer Steve Salky and Dr. Gail Ifshin have bought 6214 Western Avenue for $2 million in Chevy Chase. Washington Fine Properties' Ted Gossett was the listing agent. Salky, a partner with Zuckerman Spaeder, was honored in September as a "Top Washington Lawyer" by the Washington Business Journal and is perhaps best known for representing Vaughn Clarke, the Freddie Mac CFO ousted over the mortgage company's $5 billion accounting scandal. Ifshin is executive director of the Discovery Channel Global Education Fund. She also worked on the White House Council of Economic Advisers.

VIRGINIA

In McLean, William Franke, trustee, sold 1312 Ballantrae Farm Drive for $3 million. The four-level Colonial has a two-story foyer with a central staircase, seven bedrooms and six-and-a-half baths including an au pair suite and master bedroom with a sitting room. Noteworthy features include four fireplaces, a wine cellar, fountain, flagstone patio and circular driveway. Weichert Realtor Sue Huckaby listed the property for the second time since 2002 when it sold for $3,024,000. Daniel L. Retter is the new owner.
Earlier this year Washington Life reported that former AOL-Time Warner chairman Steve Case had purchased Jacqueline Kennedy's childhood home Merrywood for $24.5 million. Now WL can report that Case's previous McLean home at 1207 Alps Drive has sold for $2.2 million. The new owner wishes to remain anonymous, however, we can confirm that the savvy buyer paid almost $400,000 below the asking price for the six-bedroom hilltop Colonial with a gated entrance. The sale was facilitated by Washington Fine Properties' Ted Gossett, who is also the listing agent for Ethel Kennedy's Hickory Hill, something to keep in mind for all those, who unlike Case, don't already own a piece of Camelot.
Gossett was also instrumental in the sale of 40478 Farm Market Road in Leesburg. Gossett found Hogan & Hartson attorney Christopher Bartolomucci and his wife Catherine a great deal when they paid a mere $1.795 million for the custom-built manse in the Beacon Hill neighborhood of Loudoun County.