DC's Real Estate Market Demands to be Taken Seriously

"We always like to say - you know for the longest time - [D.C.] is undervalued in the sense of being the capital of a country," Robert Hryniewicki of HRL Partners, which is under the Washington Fine Properties umbrella, said. "If you look at other capitals of the world - whether it's Paris or London or Berlin - the cost of living compared to the rest of the country is very expensive." Researchers and market experts often use words like, "moderate" and "stable" to describe D.C.'s housing market. The metro is rarely on the top of the booming market rankings, but it's also never on any lists of "over-inflated" or "juiced-up" markets. But now D.C.'s days in the shadows are over, says Hryniewicki. "it was all fueled, really, by the pandemic," he says, "but we're starting to see the appreciation." "It's a market that's a big, powerful small town," is how Tom Anderson, president of Washington Fine Properties describes it. "D.C.'s become a well-recognized luxury market. ... We've owned our company here for 25 years, the market and the price points have been going up and up." ... "With the exception of that one building on Georgetown's harbor, you really didn't have any luxury waterfront in D.C. proper," says Jason Mendel, an associate broker with Washington Fine Properties. "If you look at any other big metropolitan area, the highest price points are on the water." "I think, if we had a time machine to go 10 years in the future, we'd be saying Anacostia [as the next Navy Yard for investors]," Mendel said. "I think Anacostia is gonna be like how Brooklyn is now to Manhattan."

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English Tudor in Wesley Heights is on the market for $3.5 million

This 1931 house has a living room with a wood-burning fireplace, a rec room with a wood-burning fireplace, a family room with a wood-burning fireplace, a cathedral ceiling and built-in shelving, and a sunroom. The kitchen has a butler's pantry and a breakfast nook. An in-law suite on the basement level has a kitchenette, a bedroom and an en suite bathroom. There is a patio in the backyard.

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WFP Lists Sensational Kalorama Residence

Stepping inside the limestone walls of 2328 Massachusetts Avenue, NW transports you into the grand dame style townhouses of the 7th Arrondissement of Paris, the Upper East Side of Manhattan, and the Back Bay of Boston. This truly exceptional property overlooking Rock Creek Park is being listed at $5.295M by Robert Hryniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners at Washington Fine Properties (WFP). 2328 Massachusetts Avenue NW is an impeccable masterpiece that has been meticulously renovated, restored, and expanded to what it is today - one of Embassy Row's most sensational private residences.

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We Are Pleased to Welcome Mary Saltzman to Our Firm!

We are excited to welcome Mary Saltzman to the WFP family. Welcome home Mary!

Richard Nixon Used to Live Next Door to This Newly Listed Washington, D.C., Tudor

A Tudor-style home in the affluent Washington, D.C., neighborhood of Wesley Heights, has come to the market for $3.5 million, and it counts Richard Nixon among its former neighbors. Built in 1931, the more than 7,300-square-foot house stands at the end of a cul-de-sac, across the street from the brick manor that Nixon owned from 1957 to 1961, during his term as vice president. The six-bedroom property, meanwhile, was owned by Gen. George S. Patton's nephew, Fredrick Ayer, according to listing agents Robert Hryniewicki, Adam Rackliffe, Christopher Leary and Micah Smith of HRL Partners at Washington Fine Properties, who brought the property to the market last week. "This is one of the reasons why we love living in Washington, D.C.," Mr. Hryniewicki told Mansion Global. "There's a very good chance that historical owners of properties were influential or important during their time living there." "Very rarely though does the historical owner or famous neighbor add monetary value to the ultimate sales price, which is always predicated by location, house size, lot size and interior property condition," he said. "It absolutely does provide great historical context and value though."

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Best New Listings: Regally Renovated Rarities

Many influential DC figures have called this six-level house on Embassy Row a home - including an ambassador, a concert cellist and even an advisor to the National Security Council. The house was fully renovated in 2016 and a grand arched entry provides an introduction of what is inside. The primary suite takes up almost an entire floor and has a huge walk-in closet and a bathroom with a soaking tub, fireplace, double vanity sink and private toilet space. A living room connects to the kitchen and has built-in bookshelves, a fireplace, and full french doors leading to a tree-lined back patio that looks out on Rock Creek Park. A roof deck offers a clear view of Rosslyn and the bottom level of the home has an in-law suite perfectly suited for guests.

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This $9.75 Million Historic DC Manor Was Owned by a Senator and an Ambassador - and It's Now for Sale

We've got something you should add to your 2023 vision board: This historic Massachusetts Avenue Heights manor that's for sale for $9,750,000. The home was once owned by former Tennessee senator Bill Frist, as well as the former US ambassador to Switzerland True Davis, Jr., and it's been featured in Bon Appetit and Home & Design. It's listed by Robert Hyrniewicki, Adam Rackliffe, Christopher Leary, and Micah Smith of HRL Partners at Washington Fine Properties. Built in 1927 and renovated in 2012, the home has six bedrooms, five baths, two powder rooms, and 10,350 square feet of space. Plus, it sits on three lots totaling almost an acre of land. Inside, you'll find nine-foot ceilings, custom millwork, an elevator, a library, a chef's kitchen, a game room, an exercise room, and wine storage. (Oh, and all the stone floors in the house are heated - vision board!) Outside, the property has a swimming pool, a pool house, a croquet court, and a two-car garage with space for an additional 10 cars.

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French-inspired Kalorama house for sale for $3.99 million

The French doors of the Parisian-style house open to a foyer with 10-foot ceilings and marble floors, with bedrooms on either side. Curving grand stairs lead to the main level, which has the updated kitchen, dining room and ballroom-size living room with wood-burning fireplace, where McClintock hosted events. Glass doors in the kitchen and dining room lead to the backyard, which has an elm tree more than 200 years old, according to real estate agent Cynthia Howar. The exterior also includes a slate patio. On the third level, the primary suite includes a bathroom with double sinks and marble countertops, walls and floors. Two other bedrooms, including one with a Murphy bed, on this floor could be used as home offices.

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Arlington Home's Fully Finished Lower Level Offers Easy Access To Pool

Brilliantly located just over Chain Bridge in Arlington's sought-after Arlingwood neighborhood, this lovely 6-bedroom, 7-bathroom, 3-level custom residence is set on 30,000 square feet of landscaped grounds and includes a pool, elevator, garage spaces for five cars, and two primary bedroom suites, including one on the main level. The property's distinctive European flair has been enhanced by extensive recent renovations, including all bathrooms and both kitchens, and offers 6,900 square feet of living space. Guests approach the house via a long driveway with a large parking area, and are welcomed in a beautiful entry foyer with lofty ceiling and chandelier. A lovely formal living room with fireplace joins a formal dining room opening to a deck with smashing treetop views. A paneled office is located by the front door. At the center of the home, a renovated kitchen offers an abundance of space, all new appliances, a center isle and eat-in family area with stone fireplace. A large family room with fireplace offers a space for casual gatherings. The nearby second kitchen offers options for entertaining, guests and/or live-ins. The home's upper level offers a sumptuous bedroom suite, large owner's closet and smashing owner's bathroom. A second bedroom with ensuite bath completes the upper level. The fully finished lower level of the property is an above ground walkout, providing pool access, additional bedrooms, two renovated bathrooms and the laundry room.

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Spring Valley English Tudor house on the market for $5.25 million

The first floor has 10-foot cathedral ceilings. A dining room off the foyer leads to a study with green walls and built-in cabinetry and shelving. Through a mudroom and connected to a large family room, the kitchen includes white oak floors, polished nickel detailing and white Carrara marble countertops. This level also has an attached sunroom, deck and patio. The second level includes a primary suite with 14-foot ceilings, a fireplace, two-door balcony and two walk-in closets. The primary bathroom has designer tile and custom cabinetry with a walk-in shower and detached tub. Near a second-floor laundry room, there are three bedrooms, each with a bathroom and walk-in closet. The lower level has a bedroom with full windows and an en suite bathroom. A recreation room has a bar, and a mudroom connects to a two-car garage. New owners could add an elevator to a shaft connecting the levels. The property was first listed in early November as one of the most expensive properties for sale in Spring Valley. The neighborhood, which has been home to at least three U.S. presidents, along with Supreme Court justices and billionaires, has had increased property values since 2019, with most houses selling for around $2 million. The area is walkable and is welcoming new businesses on Massachusetts and Wisconsin avenues.

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