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Luxury Homes: Big Movers and Shakers in Washington Real Estate
Caps owner Ted Leonsis and philanthropist Adrienne Arsht sell for very big money By Washingtonian Staff
Adrienne Arscht collected $7.5 million for this Georgian-style house in DC's Spring Valley. It has a 12-seat theater, two reflecting ponds, and a pool.
Comments () | Published June 16, 2011
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VIRGINIA
Sports and tech impresario Ted Leonsis and his wife, Lynn, sold a home on Sorrel Street in McLean for $9 million to telecommunications executive Chris Rogers and his wife, Nalini. The house has eight bedrooms, 13 baths, and eight fireplaces. An AOL executive for many years, Ted Leonsis is, among other things, owner of the Washington Capitals hockey team and Washington Wizards basketball team. Chris Rogers was one of the founders of Fleet Call, which became Nextel Communications.

Marvin Bush sold a four-bedroom, five-bath home on Fort Hunt Road in Alexandria’s Belle Haven neighborhood for $2.5 million. On more than an acre, it has a guest house with a media room and office. The youngest son of former President George H.W. Bush, Marvin Bush is cofounder and managing partner at Winston Partners, an investment firm based in Arlington. He recently bought a $2.5-million condo in Rosslyn’s Turnberry Tower building.

DC
Philanthropist and businesswoman Adrienne Arsht sold a six-bedroom, ten-bath Georgian-style home in Spring Valley for $7.5 million. The house has six sets of French doors that overlook gardens and a pool. There’s also a 12-seat theater, two reflecting ponds, and a circular drive with space for 14 cars. The former head of a Florida bank, Arsht donated $30 million to Miami’s Carnival Center for the Performing Arts—now the Adrienne Arsht Center for the Performing Arts.

Restaurant exec Robert Wilder and his wife, Robin, sold a seven-bedroom, eight-bath Colonial in Wesley Heights for $3.6 million. The 9,000-square-foot house has an in-law suite. Wilder is CEO of Think Food Group, the restaurant-management company that oversees Jaleo, Café Atlántico, Oyamel, and more.

Banking executive Michael Harreld and his wife, Susan, bought a six-bedroom, five-bath French Provincial–style house in Kalorama for $3 million. Built in 1927, it includes a master-bedroom suite with two baths and walk-in closets. Michael Harreld is regional president of PNC Bank, Greater Washington.

Urban planners Harriet Tregoning and Geoffrey Anderson sold a six-bedroom, four-bath Victorian in Kalorama for $1 million. The house has a tiered rear garden with patio. Tregoning is director of the DC Office of Planning; Anderson is CEO of Smart Growth America, a coalition advocating growth policies that avoid urban sprawl.

Atlantic Media Company publisher at large John Fox Sullivan and his wife, Beverly, sold a two-bedroom, three-bath Victorian on O Street in Georgetown for $1.9 million. John Fox Sullivan, who joined National Journal as publisher in 1975, was recently elected mayor of Washington, Virginia.


MARYLAND
Developer Christopher Donatelli sold a six-bedroom, six-bath Colonial in Potomac for $2 million. It has a swimming pool and guest house. Donatelli, president of Bethesda’s Donatelli Development, bought the house in 2004 for $2.3 million.

This article first appeared in the March 2011 issue of The Washingtonian.

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  • It seems like Washington has become a great place for investment in properties, the prices are going up quickly, i don't know where they will stop.

  • As property owner who have shifted many periods we know how concerning residing in a new local community can be, when you are different with the place.

  • IT's all showing the status of real estate industry in Washington and it seems like not so bad than many other States.
    Hope to see it more growing and being higher than all other businesses.

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Posted at 01:17 PM/ET, 06/16/2011 RSS | Print | Permalink | Comments () | Washingtonian.com Blogs