Here’s this week’s round-up of the ten most expensive home sales in the region, as reported by American City Business Leads.

Delta Associates, a real-estate research firm in Alexandria, just released its mid-year 2007 Condominium Market Report. The quarterly is chock-full of analysis of condo market sales, prices, and projects in the pipeline.

After a few years of a condo sales slowdown, Delta Associates sees some positive trends. The report shows that sales volume and prices for new condos are holding steady—sales volume in the second quarter of 2007 was the same as the first quarter, when the numbers increased from the second half of 2006.

According to Delta, the report’s findings offer “hope that we will see supply/demand balance by late this year or early next.”

These three charts provide a good longterm view of the boom and falloff in the condo market:

Where: 6615 Georgetown Pike, McLean
Listing Price: $7,995,000
Time on Market: ten months
Bedrooms: seven
Bathrooms: eight

Details: “Holly Hill,” built in 1989 by the Kay family of Kay Jewelers, sits on more than two acres in the Langley section of McLean. The home, a Colonial, sports heated marble flooring, a two-story foyer, exercise room, library, wine cellar, and four fireplaces, including a two-sided one in the master bathroom.

The grounds surrounding the home feature a pool, tennis courts, a three-car garage with an attached two-bedroom apartment, and a one-bedroom cottage built in the 1940s.

More pictures below.

Furniture fads, like fashion, are cyclical. Vintage pieces from 1960s Danish designers such as Hans Wegner and Finn Juhl are back in style. But where to find them?

Try Modernicus, a 1,200-square-foot showroom in the Mount Vernon Antiques Center in Alexandria. Owner Robert Chapman stocks the store with a changing selection of American, Danish, and Scandinavian furnishings from the 1960s, ’70s, and ’80s. The company started as an online venture, and Chapman still does a good bit of Internet business through eBay and Craigslist.

On sale now are a set of four teak spindleback chairs from the 1970s by Danish designer Folke Palsson ($800); a 1960s light-blue ceramic lamp from American firm Marshall-Martz Studios ($735); and a 1950s secretary from Danish designer Børge Mogensen ($935).      

Modernicus  | 8101 Richmond Highway, Alexandria | 703-887-0895

More pictures below.

Here’s this week’s roundup of the ten most expensive sales in the region, as reported by American City Business Leads.

The Box Score
DC: 4
Maryland: 4
Virginia: 2

$3,350,000—34 Kalorama Circle, NW, Kalorama
$2,725,000—518 Seneca Green Way, Great Falls
$2,350,000—5503 Albia Road, Bethesda
$2,314,500—2608 36th Place, NW, Observatory Circle
$2,130,000—4500 Dexter Street, NW, Berkely
$2,120,000—2942 Newark Street, NW, Cleveland Park
$2,035,000—7002 Florida Street, Chevy Chase
$2,000,000—12609 Greenbriar Road, Potomac
$2,000,000—5626 Newington Court, Bethesda
$2,000,000—1429 Harvest Crossing Drive, McLean

This painted yellow kids’ bedroom set is a good deal.  Four pieces—a dresser, desk, chair, and nightstand—are going for $100.

More good finds:

• Oak dining room set for $1,000
• Two contemporary bar stools for $30
• Mahogany dresser for $200
• Coffee table from Ethan Allen for $120
• Two candle holders and candles from Pottery Barn for $36
• Pine dry sink for $400


Thanks, Craigslist!

Where: Linkhorn Bay, Virginia Beach
Listing Price: $19.9 million
Time on the Market: 8 months
Bedrooms: 10
Bathrooms: 17

Details: In honor of the beach-getaway tradition of the July 4th weekend, we’re highlighting this $20-million waterfront mansion, the most expensive property on the market in the area that includes Hampton Roads, Norfolk, and Virginia Beach.

A wrought-iron security gate guards the expansive 21,000-square-foot home and its more than three acres. Built in 2002 and called Edgewood Estate, the four-level main house offers an elevator, two master suites, an art studio, a ballroom/party room, a game room, and a library. It also has two docks, three boat lifts, a private beach, a heated pool overlooking the bay, a cabana with a kitchen, and a 3,000-square-foot guest house. A drive-through lower level in the main house can hold up to 18 cars, and attached garages fit 10 more.

More pictures below.