Estate of the Week

Franklin Raines’s house hits the market.

By: Lynne Shallcross

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.