Thursday, May 14, 2009

GEORGETOWN HOME REDUCED TO $19,500,000















Originally priced higher, reduction amounts to $10,500,000.
Sitting on a dominant half-acre lot overlooking the Potomac River and Key Bridge, Halcyon House was built circa 1787. One of the most important private properties in DC, Benjamin Stoddert was the builder. He was a confidante of George Washington and Secretary of the US Navy. With 30,500 sq ft, a 17-year restoration has restored this dwelling to pristine condition. Five rental apartments and a separate townhouse are included. Perhaps a private owner or philanthropic institution will purchase the property… it has grand entertaining spaces and architectural splendor.

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