REAL ESTATE

The $48 million sale of River View (7979 E. Boulevard Drive in Alexandria, VA), a 16,000 square foot home with an additional carriage home, set a record for the most expensive home sale in DMV (DC, Maryland, Virginia) history. Now the home, which is owned by former Commanders owners Dan and Tanya Snyder, has been listed again.

The historic Kalorama home of Esther Coopersmith, the esteemed D.C. socialite, has been listed for sale at $18.5 million. Coopersmith, who died in April, was renowned for her lavish gatherings that drew crowds consisting of Washington’s elite, including presidents, congressmen and diplomats. The home at 2230 S St. NW...

These eight properties are peaceful options perfect for a weekend getaway. Tiny homes are affordable, fun ways to get off the grid for a bit and relax while you’re at it. If you’re still trying to figure out the best summer vacation for your needs, try one of these eight properties, all within a drive time of four hours or less from Dulles.

“We are delighted to welcome you to 333 Raleigh St, SE. Washington D. C. 20032 . This charming end unit raw house in Congress Heights neighborhood includes 4 bedrooms and 4 full bathrooms. Private back yard with 1 car parking space. House comes with a large master suite . Master bedroom suite has a double vanity bathroom with a walk-in closet. High ceilings throughout the house. Open concept floor plan with Dining/Living/Kitchen combo. Fully finished walkout basement. Upper level has 2 bedrooms and 2 full baths. Main level has 1 bedroom and 1 full bath. Basement has 1 bedroom & a 1 full bath with small living area. Basement has a rear private entrance and this opens up for either renting opportunity or AirBnb option if necessary. The house is close to Historic Anacostia District. 1.3 miles from Anacostia Metro station. Also close to Congress Heights / Southern Avenue & Navy Yard Ballpark metro. Close to Nat stadium and DC airport. Minutes from major highway 295. Which makes traveling around D. C. /VA/MD easier. This house is recently renovated and remodeled, which means it has new: kitchen, bathrooms, windows, doors, brand new hardwood flooring. HVAC system with new ductwork, electrical heavy up with new electrical wiring through out the house. New Plumbing through out the house, Samsung appliances, new hot water heater, recessed lighting throughout the property, tiles, landscaped garden and freshly painted house which are all in ready to move in condition! It also includes a gated back yard which is perfect for pets & 1 car parking space. Front and back patios are very rare in DC raw houses. The quiet neighborhood and convenient location leads to all the major shopping stores, parks and retailers with easy access to highway DC 295. Costco shopping center/Aquatic Garden /Fort Dupont Park/Nat's stadium / Historic Anacostia District and other VA/MD locations. Don't miss out this rare opportunity even though the interest rate hike. Please take a look at this property. There are many options out there still to get a 30 year loan for a better/affordable interest rate NOW. . Remember you can always refinance. Very close to: Joint Base Anacostia Boling/DHS HQ/ US Coast Guard HQ/US Secret Service / US DOD. etc. .. This is a complete remodel home with a proper inspection process. High quality workmanship and high end fixtures. Having NEW Electrical /Plumbing /HVAC/heavy up with brand new hardwood flooring/tiles/windows/doors/appliances /recess lighting/new duck work/insulation/drive pad/fenced backyard gives you a peace of mind for many years.”

Tysons, Virginia’s first 100% affordable housing project, funded in part by Amazon, broke ground in December, and excavation work is now underway. The Exchange at Springhill Station, a 516-unit apartment complex developed by the Arlington Partnership for Affordable Housing, will offer one-, two- and three-bedroom units for households earning 60% of the area median income or less, according to a news release.

JLL facilitated over 225,000 square feet of leases at 1350 Eye Street, NW, in downtown Washington, DC. The latest tenant, the International Research and Exchange Board (IREX), leased 32,000 square feet, joining tenants such as Hollingsworth LLP, the Institute of International Education, the National Women’s Law Center, BASF Corporation, and Johnson & Johnson.

Second of five joint development solicitations expected in 2024 as part of 10-year Strategic Plan for Joint Development. Metro has a prime piece of real estate on the market in Deanwood, one of DC’s oldest and historic neighborhoods. The site includes more than an acre of land adjacent to Metro’s Deanwood Station, ideal for joint development with neighborhood-serving retail and new housing steps away from public transit.

Bryan Herr has joined MacKenzie Commercial Real Estate Services as vice president. Previously with Marcus & Millichap, Herr will work from MacKenzie’s Baltimore City offices. He will represent developers, landlords, and institutional owners in the sale and leasing of industrial and warehouse properties across the Baltimore, Washington, D.C., and Northern Virginia regions. Additionally, Herr will act as a tenant representative, offering guidance to organizations with specific real estate needs.

Homes are staying on the market fewer days, with Fairfax County accounting for most NoVA sales. The median price for a home in Northern Virginia in May jumped $45,000 from a year earlier to $760,000 and increased $9,000 from April, according to the Northern Virginia Association of Realtors. “Prices continue...

While ground-up construction has slowed dramatically due to a confluence of factors, contrarians are timing the delivery of new product to serve an aging population. Post-pandemic, senior living owners and operators are rightfully focused on regaining occupancy and stabilizing their assets. Expansion opportunities have mostly been limited to acquisitions of troubled properties purchased at a discount. Inflation, relatively high interest rates, a tight labor market and even tighter capital markets have largely sidelined ground-up development.

Happy Tuesday and welcome to another edition of Rent Free. This week, we look at whether shadowy real estate companies and their rent-recommendation software have really created an unbeatable apartment cartel. Is RealPage Really Responsible for Rent Hikes?. Among the many alternative explanations to the idea that American housing prices...

Real Estate Fresh Finds is a weekly selection of newly-listed properties in the District, brought to you by RLAH Real Estate. “Looking for a home that’s more than just a place to live? This Mid-Century Modern masterpiece could be your dream home. Discover this stunning retreat nestled against Fort Dupont Park, where city convenience meets natural beauty. Situated on a serene street in the prestigious Penn Branch neighborhood of Hillcrest, this home provides the perfect escape from the hustle and bustle of city life while keeping you close to everything you need. Meticulously renovated from top to bottom, this home preserves its mid-century essence while offering all the comforts of modern living. The sleek James Hardie panel siding and inviting front porch hint at the elegance within. It’s not just a home; it’s an artful expression of modern design harmonizing with contemporary living. Step outside to the new Trex deck, stamped concrete patio, and expansive grassy yard, inviting you to enjoy alfresco dining, entertaining, or simply relaxing with a cold drink. The new roof and exterior doors boost curb appeal and ensure long-term durability. This smart and sustainable home operates entirely on electricity, featuring a new induction range, water heater, and heat pump — perfect for minimizing environmental impact while maximizing efficiency. For the eco-conscious buyer, envision the possibility of enhancing this setup with solar panels on the new roof. By harnessing solar energy, you could slash your utility bills to near zero, embodying a commitment to sustainable living that benefits both your finances and the environment. The home also features new plumbing, new electrical wiring with heavy up, a new HVAC system, and updated lighting. Refinished hardwood floors add timeless charm, and fresh paint creates a bright, inviting ambiance. Don’t miss your chance to own this exquisite Mid-Century Modern retreat. Your perfect home in an exceptional neighborhood awaits!”