HOME LIFE | REAL ESTATE NEWS
Pre-summer Sales Adrienne Arsht buys again, this time on Woodland Drive NW; Elinor Farquhar’s former residence sells in Kalorama, and a noted CNN correspondent buys in Berkley BY STAC E Y G R A Z I E R P FA R R
THE DISTRICT Public record shows that Adrienne Arsht has purchased her second major house within a year of moving to town (after seeing the advertisement in Washington Life!). Bruce and Wendy Dunnan sold their property at WOODLAND DRIVE NW for $8.2 million to the banker/philanthropist after lowering the original $9.7 million asking price. Mr. Dunnan is co-founder of The Grosvenor Funds, a venture capital firm that focuses on wireless technology, health care services, and defense-related projects. The seven-bedroom 1927 Beaux Arts house sits on an acre of land in Massachusetts Avenue Heights and features a gated entrance, grand entertainment spaces, ornate plaster moldings, herringbone oak floors, beautifully landscaped grounds with a
swimming pool, and servants’ quarters. Cathie Gill of Cathie Gill Inc. Realtors was the listing agent for what is, to date, the highest home sale in the District this year. KALORAMA ROAD NW sold for $3.8 million to yet-to-be-named (in the public record) buyers with the help of Washington Fine Properties’ A. Michael Sullivan, Jamie Peva, and Jim Bell. The historic house was built in 1926 by famed architect Thomas J.D. Fuller, and three years later was recognized by the Washington Board of Trade for its “outstanding contribution to the beautification of Washington.� The elegant Colonial-revival style mansion is the former residence of grande dame Elinor Farquhar, chairwoman emeritus of the Corcoran Gallery. The property sits next door to “The Lindens,� also known as the “King
Hooper Houseâ€? at 2401 Kalorama Road NW. “The LindensÂťâ€?was built in 1754 in Danvers, Mass., but was dismantled by a wealthy local couple in 1934, shipped to Washington in six railroad boxcars, and reassembled in its current location. Lou Hughes sold R STREET NW in Kalorama for $2,825,000. Hughes is a former president of General Motors International, COO of Lockheed Martin, and chief of staff of the State Department’s Afghanistan Reconstruction Group. He is currently CEO of the Herndon-based GBS Laboratories.The Federal row-house was built in the 1890s and features grand entertaining spaces that include a dramatic double salon and formal library, plus private terraces, a butler’s pantry, and an au pair suite. Jim Bell of Washington Fine Properties was the listing agent. William and Sheila Walker sold TH STREET NW
for $2,262,500. Mr. Walker is president and CEO of Walker & Dunlop, a commercial real estate finance company and one of the largest apartment lenders in the U.S.The fivebedroom Colonial in the idyllic, tree-lined Observatory Circle neighborhood was built in 1931 and includes an inviting center hall, formal living room and library, and a master suite with an adjoining office. Mark and Kelly Knebel, of Clemens Construction Consulting, sold ROCKWOOD PARKWAY NW in Spring Valley for $6,995,000. The six-bedroom stone and stucco 16,000-square-foot
The highest home sale of 2010, for $8.2 million, was completed by listing agent Cathie Gill of Cathie Gill Inc. Realtors, who is celebrating her 25th anniversary this year.
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