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Luxury Homes: February 2010

Marriott and Hechinger offspring make deals. Plus—a $5-million bankruptcy deal.

After pleading guilty in a mortgage scam, Bollywood producer Vijay Taneja sold this Potomac mansion for $5 million at auction. Photograph by David Pipkin.

In Maryland: John W. Hechinger Jr. sold a six-bedroom, five-bath home on Moorland Lane in Bethesda’s Edgemoor neighborhood for $5 million. Built in 1918, it sits on an acre and has a pool, a tennis court, seven fireplaces, and a four-car garage. Hechinger is the grandson of Sidney Hechinger, who in 1911 founded the now-defunct Hechinger home-improvement chain. John Hechinger was CEO until the company was sold in 1997; he’s vice chairman of WETA’s board of trustees.

Vijay Taneja sold a seven-bedroom, 11-bath Colonial in Potomac for $5 million. Built last year, the 21,500-square-foot house was sold in bankruptcy auction. A real-estate investor, mortgage broker, and Bollywood movie producer, Taneja pleaded guilty to a mortgage scam that defrauded banks of some $33 million. Last year, he was sentenced to seven years in prison.

Tech businessman Daniel Gillis sold a seven-bedroom, eight-bath Colonial in Bethesda for $4.5 million. The 11,000-square-foot house sits on two acres and has a bar and billiards room. Gillis is former CEO of the software company SAGA Systems.

IN DC: Hotel executive David Sheets Marriott sold a Colonial in Spring Valley for $1.7 million. The house has six bedrooms and seven baths. The youngest son of hotel magnate Bill Marriott, David Marriott is an executive at his family’s company.

Utilities executive James Connaughton sold a three-bedroom, three-bath home on Livingston Street in Chevy Chase DC for $840,000. Connaughton—chairman of the White House Council on Environmental Quality under President George W. Bush—is head of public and environmental policy at Constellation Energy in Baltimore.

In Virginia: Redskins guard Derrick Dockery and his wife, Emma, bought a custom home in Ashburn for $1.1 million. Dockery, who joined the Redskins as a third-round draft pick in 2003, re-signed with the team last year after two seasons with the Buffalo Bills.

Jennifer LaTourette, wife of Ohio congressman Steven LaTourette, bought a six-bedroom, six-bath Colonial on Corliss Court in McLean for $1.3 million. The couple’s house was built in 2008. LaTourette served as her husband’s chief of staff before they were married, then became a lobbyist.

Finance executive Arun Muralidhar and his wife, Shaila, bought a six-bedroom, eight-bath home on Georgetown Pike in Great Falls for $2.7 million. On and off the market for almost three years, it has an elevator and four-car garage. Muralidhar is chairman of AlphaEngine Global Investment Solutions.

Lawyer Frank Mellon bought a six-bedroom, seven-bath custom home on Peacock Station Road in McLean for $1.9 million. Mellon founded the McLean-based Enterprise Business Law Group, where he practices tax, corporate, and business law.

Some sales information provided by American City Business Leads and Diana Hart of Sotheby’s International Realty.

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