Washington Fine Properties Announces Sale of Historic Halcyon House For $12,500,000
Posted by Missy Snelling — March 12, 2012
Washington Fine Properties is pleased to announce the sale of Halcyon House, one of the premiere estates in historic Georgetown. The listing and selling agent was Mark McFadden and the asking price was $12,500,000. Halcyon House on Prospect Street was built in 1787 by the first Secretary of the Navy, Benjamin Stoddert. The gardens were designed by Pierre L’Enfant and the home was the center of Washington’s social life for several decades. In 1900 the home was sold to the nephew of Mark Twain, Samuel Clemmons. The entire property is over 30,000 square feet and is listed on the National Register of Historic Places.
Washington Fine Properties (WFP) is recognized as one of the most successful carriage–trade real estate firms in the United States. In 2011, Washington Fine Properties was awarded “Highest Sales Volume Per Agent” in America and the “Highest Sales Price Per Transaction” by Real Trends, the leading organization in the nation which ranks the performance of residential real estate firms and is the source used to calculate the Wall Street Journal’s rankings published each year. WFP also ranked number 1 in sales over $1,000,000 in Washington, DC in 2011.
Despite the severe economic downturn which began in 2008, WFP sales volume has continued to increase. Sales volume in 2009 was $1.1 Billion; in 2010 $1.3 Billion; and in 2011 $1.4 Billion.