A blog about real estate, interior design, and the home in the Washington, DC area.

Estate of the Week

Franklin Raines’s house hits the market.

By Lynne Shallcross   Published Wednesday, March 26, 2008

Where: 3006 Albemarle St., NW
Listing price: $8,250,000
Time on the market: 13 days
Bedrooms: Seven
Bathrooms: Eight

In the market for a new house? Franklin Raines is selling. The former Fannie Mae head’s Forest Hills home went on the market two weeks ago. Called Beechwoods, the 98-year-old stucco Colonial sits on more than an acre and has views of nearby Soapstone Valley National Park. Highlights include a family room with cathedral ceiling, a library, a movie theater, a recreation room, and an exercise room. The remodeled kitchen has granite countertops, a skylight, a SubZero refrigerator/freezer, and double Wolf ovens. Outside is a pool, a cabana, a shared tennis court, and a four-car garage. 

 Click here to see a slideshow of the house.

Comments


Raines should be hunted down and made uncomfortable for the rest of his life. Not one day of rest for him or his family.

Posted by: jt, Jan 22, 2010 02:38:30 PM

I hope its used for a weinie roast... Raines

Posted by: Tax Payer, Jan 29, 2009 06:17:13 AM

Queue music: "Nice job if you can get it"

This is one of those places Tony Soprano types lolled about smoking cigars and scheming how to get more for themselves. BTW, what other properties does Franklin Inc. own as an ex-federal employee?

Posted by: Ria Rhodes, Dec 09, 2008 10:46:37 AM

Our great financial and home expert Raines knows whats good. For hinmself.

Posted by: Johan, Oct 09, 2008 11:20:33 AM

nice house!
this money could buy plenty houses for the people who lost their’s !

Posted by: marc, Oct 09, 2008 10:40:17 AM

this is a 3 million dollar house at the most.

Posted by: russ, Oct 09, 2008 10:10:11 AM

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