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RE News - Washington Life - November 2013

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THE YEAR’S BEST TRENDS TOP PERSONAL STYLISTS AFTER-HOURS FASHION RUNWAY TO BELTWAY

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MISS D C BINDHU PAMARTHIŎs CHANCE MITCHELLŎs MAX MAJORŎs MICHAEL HAFT HARRISON SUAREZŎs PATRICK DOWDŎs JUAN CORONADOŎs PARI BRADLEE and DAVID TAFURI

CELEBS STEP OUT HUGH JACKMAN AMY GRANT VINCE GILL PETER BERG AND ED ASNER DAVID RUBENSTEIN ON MOUNT VERNON’S NEW LIBRARY HISTORIC PATTERSON MANSION SELLS FOR MILLION


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Multimillion-Dollar Mansions The former residence of Federal Reserve Chairman William McChesney Martin sells for nearly $8 million; billionaire Eric Hotung and biotech guru Bill Haseltine sell in the $7 million-$10 million range BY STAC E Y G R A Z I E R P FA R R

A garden view of biotech guru Bill Haseltine’s residence at 3053 P Street NW, which recetly sold for $7 million.

THE DISTRICT The 112-year-old Patterson mansion, the sole remaining example of the grand houses that once graced Dupont Circle, is under contract with French Quarter Hospitality, an Atlanta-based company. The buyer plants to convert the property, which The Washington Club listed this summer for a cool $26 million, into a boutique hotel. DUPONT CIRCLE NW, once owned by Eleanor “Cissy� Patterson, was the center of social life for a who’s who of Washington during the first half of the 20th century. The 36,000-square-foot, four-story white marble and brick residence was designed by architect Stanford White in 1901. TTR Sotheby’s International Realty’s Jonathan Taylor is the listing agent. Biotech pioneer Bill Haseltine sold P STREET NW for $7 million (original price $12 million) to Argentine billionaire Carlos

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Bulgheroni and his wife Natalia. Along with

his brother Alejandro, Bulgheroni runs one of the largest oil and gas exploration companies in South America. The 10,000-square-foot Victorian mansion, a true Georgetown grande dame, occupies a private corner lot in the East Village. Built in 1875, the nine-bedroom house (plus a staff apartment) has been meticulously renovated and features soaring ceilings, grand public rooms, a 40-foot lap pool, private terraced garden and onsite parking for six cars. Washington Fine Properties’ Mark McFadden represented both parties in the transaction. The former residence of the late William McChesney Martin Jr. and his wife, Cynthia Davis, fetched $7,950,000 in a sale brokered by Ellen Morrell, Matthew McCormick and Ben Roth of Washington Fine Properties. Martin was the ninth and longest-serving chairman of the United States Federal Reserve

Bank, serving from 1951 to 1970 under five presidents. Located in Massachusetts Avenue Heights, the extraordinary 1929 residence at WOODLAND DRIVE NW is a perfect example of true Georgian architecture with a meticulous renovation. It features intricately detailed crown moldings, magnificent millwork, 10-foot ceilings and seven bedrooms. The extremely private 12,865square-foot lot includes a front security gate, flagstone terrace, professional landscaping and a deep garden with patios and walkways. Matt Frei sold TILDEN STREET NW to Nancy Tobin and Neal Cohen for $1.6 million. Mr. Frei is a German-born British TV news journalist and former Washington correspondent for Britain’s Channel 4 News. The stylish whitewashed six-bedroom brick Cleveland Park house is tucked away on a quiet cul de sac and features a lower-level recreation room, au pair suite and attached garage. Washington Fine Properties’ Marylyn Paige was the listing agent; TTR Sotheby’s Katherine Buckley was the buyer’s agent. A four-bedroom Georgetown residence at R STREET NW was sold for $2,170,000. Chris Sower was the buyer while Harry Abel was the seller. Michael Ranking of TTR Sotheby’s International Realty represented both parties. The Federal townhouse, built in 1972, boasts a gourmet kitchen, top-floor family room, flagstone terrace with outdoor living space and a heated pool. Arts patron Patricia Sagon bought ELLICOTT STREET NW from Byron Auguste and Emily Bloomfield for $3,150,000. Mr. Auguste is a senior economic advisor for the Obama administration. Ms. Bloomfield currently leads a startup initiative to address the educational needs of pre-teens and teens in foster care. She also serves on the board of the D.C. College Success Foundation. The six-bedroom house sits amid mature

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James and Lark Wallwork sold WISCONSIN AVENUE in Chevy Chase’s

Parc Somerset luxury condominium building for $3.5 million to Bruce Lane and Leslie Barron. Mr. Wallwork served in both houses of the New Jersey Legislature and ran for governor in that state twice. The swank two-bedroom apartment features a gourmet kitchen, stellar city views, and access to indoor and outdoor swimming pools, a health club and tennis and racquetball courts. TTR Sotheby’s Zelda Heller represented both the buyer and the seller.

VIRGINIA The former residence of Hong Kong business tycoon Eric Hotung and his wife, Patricia Shea Hotung at CHAIN BRIDGE ROAD in MARYLAND William and Laura Kappaz purchased McLean sold for $9.5 million to Eagle Crest DRUMMOND AVENUE in Chevy LLC. Mr. Hotung’s grandfather founded the Chase for $4.1 million from Thomas and Hong Kong gold and silver exchange and was Patricia Rainwater. Mr. Kappaz is CEO of once said to be the wealthiest man in China. Mr. K&M Group, an engineering and consulting Hotung became a billionaire in his own right firm. The farmhouse-style 8,000-square-foot in the mid-1990s after working in international Colonial was built in 2009 and includes six real estate investment. He purchased the 6.5bedrooms and six bathrooms. Top-of-the-line acre property, formerly owned by Sen. Ted amenities abound in this pristine property. Kennedy, for $5,880,000. The 10-bedroom, TTR Sotheby’s David DeSantis was the listing eight-bath house was built in 1968. Long & agent while Michael Rankin, also of Sotheby’s, Foster’s Fouad Talout was the listing agent; represented the buyers. Pascale Karam was the buyer’s agent.

The Woodland Drive NW mansion once owned by Federal Reserve Chairman William McChesney Martin recently sold for $7.95 million.

trees and lush gardens in a beautiful section of Forest Hills. Interior amenities of the custom-built 1999 Colonial include a milled cherry paneled office with wet bar plus a library, wine cellar, sound-proofed music studio and master suite with solarium. The exterior features a demi-lune covered loggia overlooking the manicured walled garden, pool and patio. The listing agents were TTR Sotheby’s International Realty’s Christie Weiss and Christopher Ritzert. The buyer’s agent was Patricia Lore of Evers & Company Real Estate.

PROPERTY LINES KOPPEL’S MANOR: Former “Nightline� anchor and American news icon Ted Koppel has listed his historic Maryland estate, “The Cross Manor,� for $3,945,000. CROSS MANOR ROAD rests on 110 acres along the shores of the Saint Inigoes Creek in Maryland. Many say the main house may be the oldest in Maryland. The property features a four-bedroom residence which dates back to at least 1765, two guesthouses, a boathouse, pool, and tennis courts. “Cross Manor� was originally a King’s Land Grant of 2,000 acres bestowed upon Thomas Cornwallis in 1639. The original building is once believed to have been pillaged and burned by pirates. TTR Sotheby’s International Realty’s David DeSantis is the listing agent.

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LIVE LIKE AN AMBASSADOR: The former Bulgarian Embassy at VAN BUREN STREET NW in Brightwood is now listed for $1,275,000 with Michael Hines of TTR Sotheby’s International Realty. The current owner, Jeffrey Haggray, is a former pastor of the 210-year-old First Baptist Church in Washington. The Beaux Arts residence in Rock Creek Park was originally built as a church in 1928 and now features seven bedrooms and five baths. The former church sanctuary was transformed into a dazzling great room. RIVERFRONT DREAMING: Chain Bridge Bank director Paul Shiffman listed CREST

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LANE in McLean for $7,750,000. Mr. Shiffman is also a senior partner and president of Shiffman & Ricci. The spectacular fourbedroom house overlooking the Potomac sits on more than three acres in McLean’s swanky Gold Coast. Among the property’s shining features are its great walls of windows, soaring cathedral ceilings, a twostory stone fireplace, impressive indoor heated pool and ample guest parking for over 35 cars. Washington Fine Properties’ Mark McFadden is the listing agent. K A LO R A M A G E M : Pa u l Murtagh and Erin Cleary listed BELMONT ROAD NW for $5,995,000. Ms. Cleary is an

associate at Cleary & Oxford Associates, a healthcare advisory firm. Mr. Murtagh works in private equity at Carraig Capital. The nine-bedroom, eight-bath 1920sera residence sits on two oversized lots and has been completely renovated to include substantial additions. The property boasts gracious public rooms, exquisite finishes, a lower level au-pair suite, oversize terraces, formal gardens, a two-car garage and gated motor court for eight to 10 vehicles. The 84-year-old estate is listed by Mark McFadden of Washington Fine Properties. Send real estate news to Stacey Grazier Pfarr at editorial@ washingtonlife.com.

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