Washington Fine Properties Sets Record Prices in Condominium Sales in Washington, DC
Posted by Missy Snelling — July 12, 2012
Washington Fine Properties (WFP) is pleased to announce record-setting sales at two of Washington DC’s most high-profile condominiums.
The Presidential Penthouse at The Residences at The Ritz-Carlton in Washington, DC’s exclusive West End, sold for $5.5 million dollars, a record for any off-water apartment in Washington, DC. This elegant residence of 5,664 square feet includes 5 bedrooms, 6 full baths, marble floors, custom mahogany paneling, three balconies, and a butler’s pantry leading to a separate service entrance for catering, room service and other hotel amenities. The condominium was listed and sold by the team of Ellen Morrell, Matt McCormick and Ben Roth. Mr. Roth stated, “This was a very unique property for Washington, as there are very few condominiums of that size, completely renovated with high-end custom finishes.”
At the world-renowned Watergate complex, located on the banks of the Potomac River, WFP sold a luxuriously renovated apartment for $3.1 million dollars, a record sale price in the Watergate’s history. The architectural firm of Outerbridge Horsey Associates reconfigured and redesigned two and one-half apartments into one unique and magnificent residence, considered by many to be Washington, DC’s finest apartment. The details include custom oak and walnut inlay floors, marble flooring, a custom kitchen, custom cabinetry and paneling,
balcony garden design and Waterworks baths. This unit includes 3 bedrooms, a spacious living room, a dining room that seats 10, and a library and kitchen with a family room. All living spaces have access to the curved balcony garden that wraps around the residence with the finest views of Washington’s skyline. Susie Gordon Maguire represented the seller. "It was a privilege to market a property where every detail exceeded expectations. Washington, DC has rarely seen a property so exquisite and well designed,” said Ms. Maguire.
Washington Fine Properties 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.