Long & Foster Represents Clients on 2015’s Most Expensive Single-Family Residence Sales in Nation’s Capital, as well as Virginia, Maryland Suburbs of D.C.
Posted by Vicki Bendure — January 21, 2016
WASHINGTON, DC –Long & Foster Real Estate, the nation’s No. 1 family-owned residential real estate company, ended 2015 on a high note, finalizing the sale of Fessenden House in late December. The 20,000-square-foot estate in Washington, D.C., sold for $18 million to an undisclosed international buyer after just about six months on the market. Fessenden House is the highest recorded sale of a single-family residence in Washington, D.C., in 2015, according to the Metropolitan Regional Information Systems, Inc. It is also the third most expensive single-family residence ever sold in the Nation’s Capital.
Including this sale, Long & Foster represented clients on 2015’s most expensive single-family-home sales in DC proper, as well as the close-in suburbs in Virginia and Maryland, according to MRIS records.
Washington, D.C.: Long & Foster represented both the buyer and seller in the sale of Fessenden House. The property was listed for $22 million by Nancy Itteilag of Long & Foster’s Foxhall office with global marketing by Christie's International Real Estate, of which Long & Foster is the exclusive affiliate in the greater Washington area. Rima Tannous of Long & Foster’s Chevy Chase/Uptown office represented the buyer in the sale.
Northern Virginia: Long & Foster’s Marianne Polk and MaryAnn Martell of the company’s McLean office listed Riverview Manor, a 5-acre riverfront property in McLean, Va., which sold for $8.3 million—the highest recorded sale price in Fairfax County in 2015.
Suburban Maryland: Long & Foster’s Lynda O’Dea represented the buyer of a Georgian Colonial in Potomac, Md., which sold for $6.15 million—the most expensive residential property sold in the Maryland suburbs last year. Marc Fleisher of Long & Foster listed the second most expensive home sold in 2015 in Montgomery County—a fully custom European style villa in Potomac, Md., that sold for $5.5 million.
“Over the past 45 years, Long & Foster has become known for the unsurpassed level of service and industry expertise it provides luxury home buyers and sellers,” said Jeffrey S. Detwiler, president and chief operating officer of The Long & Foster Companies, parent company of Long & Foster Real Estate. “Thanks to our exclusive affiliation with Christie’s International Real Estate throughout the Mid-Atlantic region, as well as our partnership with Luxury Portfolio International, Long & Foster brings our clients the very best opportunities to reach qualified buyers and earn international exposure to an elite clientele.”
For more information, visit LongandFoster.com.
About Long & Foster Luxury Homes
Long & Foster Luxury Homes is the luxury division of Long & Foster Real Estate, the No. 1 seller of luxury properties in the Mid-Atlantic and a leader in the luxury market across the Northeast. High-end properties sold through Long & Foster Luxury Homes gain unprecedented global reach and exposure to the world’s most exclusive clientele. Long & Foster Luxury Homes is an exclusive affiliate of Christie’s International Real Estate*, an international network of the world’s most proven and qualified real estate specialists the luxury residential market and the only real estate network owned by a fine art auction house. Long & Foster also is a founding member of Leading Real Estate Companies of the World and an affiliate of its luxury arm, Luxury Portfolio International, and works closely with Who’s Who in Luxury Real Estate. *In select areas.