Real Estate

Philanthropist Adrienne Arsht Buys Another of DC’s Most Expensive Mansions

Her new Georgetown spread cost $8,750,000.

High-powered philanthropist Adrienne Arsht just closed on a 10-bedroom, six-and-a-half-bath Georgetown estate for $8,750,000, a real-estate source confirms. The mansion was built in 1840, and comes with more than 11,000 square feet of living space inside, and a half-acre of landscaped gardens outside. It appears to need some renovating; the kitchen in particular looks like it’s seen better days. No doubt Arsht—once a bank chairman, now a generous supporter of organizations such as the Kennedy Center—will put her own touch on the place.

The Georgetown spread is only her latest luxury buy. Until 2017, she owned a sprawling Beaux Arts-style mansion in Massachusetts Avenue Heights, which she sold to Commerce secretary Wilbur Ross for $10,750,000. In 2015, she bought another mansion in that neighborhood—this one previously owned by the late financier Melvyn Estrin, and listed for $15.5 million.

Looking to Buy? Get Our Real Estate Newsletter

Looking to buy? Get a weekly list of the DC area’s best houses on the market.

Or, see all of our newsletters. By signing up, you agree to our terms.
Senior Editor

Marisa M. Kashino joined Washingtonian in 2009 as a staff writer, and became a senior editor in 2014. She oversees the magazine’s real estate and home design coverage, and writes long-form feature stories. She was a 2020 Livingston Award finalist for her two-part investigation into a possible wrongful conviction stemming from a murder in rural Virginia. Kashino lives in Northeast DC.

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!