Home & Style

Mitchell Rales Buys Another House in Potomac

The billionaire spent $2 million on the home of former basketball star Gheorghe Muresan.

Mitchell Rales purchased the former home of 7-foot-7 Gheorghe Muresan. Photograph via Wikimedia Commons.

Billionaire Mitchell Rales paid retired Washington Bullets star Gheorghe Muresan $2 million for a four-bedroom, four-bath home on Glen Road in Potomac. Over the past few years, Rales has been gradually buying up properties near his sprawling Potomac mansion, which is assessed for just over $13 million and includes a main house, a lake, and an appointment-only art museum called Glenwood. 

Muresan’s former home is adjacent to three other properties Rales has recently bought, all on Potomac’s Three Sisters Road. Muresan originally listed the home for $2,425,000 in September 2012, but it was withdrawn from the market last December. According to that listing, the gated farmhouse sits on two and a half acres and has several amenities that would befit someone of Muresan’s size (he’s 7-foot-7): a two-story foyer, a kitchen with a cathedral ceiling, and an “oversize” granite center island.

What does Rales, the cofounder of the manufacturing and technology company Danaher and a notoriously private man, plan to do with all these houses? We can only guess that this is part of his plan, announced in 2012, to transform Glenstone into a museum the size of the National Gallery’s East Building. One thing is certain: Laying out $2 million is nothing for Rales, who Forbes estimates is worth $3.4 billion.

See also: Buying Up the Block 

Keep Up on DC’s Latest Fashions with Our Shopping Newsletter

Fashion finds and deals, and the latest trends for you and your home.

Or, see all of our newsletters. By signing up, you agree to our terms.
SIGN UP
We engage readers directly in their mailboxes with topics like Health, Things to Do, Best Brunches, Design & Shopping, and Real Estate. Get the latest from our editors today.
Get The Best Of Washingtonian In Your Inbox!