Open House Blog > Luxury Homes|The Real Estate Market
Luxury Home Sales: Big Money, Big Houses
Five homes sell for $3 million and up—including $4.5 million in Kalorama and $3.8 million in Bethesda.
Communications executive David Schaeffer bought a five-bedroom, five-bath home in Kalorama for $4.5 million. Originally listed for $5.4 million, the house was renovated in 2010 and has a two-car garage and a rear garden with fountain. Schaeffer is head of Cogent Communications, one of the world’s largest internet service providers.
Obama adviser Elizabeth Sherwood-Randall and her husband, neurosurgeon Jeffrey Randall, bought a Colonial in Spring Valley for $3 million. The house—which sold after six days on the market for above list price—was built in 1929 and has five bedrooms and six baths. A member of the President’s national-security staff, Sherwood-Randall is White House coordinator for defense policy, countering weapons of mass destruction, and arms control. She worked at the Pentagon during the first term of the Clinton administration and also was chief foreign-affairs and defense-policy adviser to then-senator Joe Biden.
Education expert Margery Yeager bought an Arts and Crafts-style home on Sherier Place in the Palisades for just under $2 million. The property includes a one-bedroom carriage house. A former special assistant to DC’s public-schools chancellor, Yeager is a policy adviser on education at the law firm Nelson Mullins.
Energy expert Skila Harris sold a Federal-style rowhouse on 19th Street near Dupont Circle for $1.9 million. The house has four units, including a two-bedroom, two-bath “owners suite.” Harris, a former special assistant to Vice President Al Gore, is a senior adviser at the Department of Energy.
Real-estate bigwig James Underhill sold a seven-bedroom, seven-bath Colonial in Bethesda for $3.8 million. On two acres, the home has a pool and two-level poolhouse. Underhill is CEO of the Americas at Cushman & Wakefield, a global real-estate-services firm.
Lawyers Scott and Daphna Sher bought a seven-bedroom, nine-bath Colonial on Melody Lane in Bethesda for $3.6 million. The newly built house has a loggia in the back yard and a three-car garage. Scott Sher is a partner at Wilson Sonsini Goodrich & Rosati, where he focuses on antitrust counseling and litigation.
Steven Schorer and wife Kelly sold a Colonial on Alloway Drive in Potomac for $3.1 million. The seven-bedroom house has two master-bedroom suites, a pool, an outdoor kitchen, and a two-bedroom carriage house. Steven Schorer recently retired as president of DynCorp International, a private military contractor in McLean.
Finance exec Ian Fujiyama and wife Christine sold a six-bedroom, eight-bath Colonial on Wincrest Place in Great Falls for $2 million. The 7,000-square-foot gated house has a gym, wet bar, and billiards room. Fujiyama is a managing director at the Carlyle Group private-equity firm.
Some sales information provided by American City Business Leads and Diana Hart of TTR Sotheby’s International Realty.
This article appears in the March 2014 issue of Washingtonian.