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.

Best Real Estate Stories of the Week

Love DMV real estate? Us too!  Sign up here for our weekly Real Estate e-newsletter.
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 wrongful conviction stemming from a murder in rural Virginia.