The Most Expensive House in Logan/Shaw

I thought it would be fun to kick off 2014 with a look at some of the most expensive homes that sold in DC in 2013. Each week in January, I’m posting the most expensive homes that closed in 2013 in the three DC neighborhoods that my clients were most interested in. In week 4, I’ll post the most expensive home that sold in all of DC!

Last week I featured Capitol Hill. This week, I’m looking at the Logan/Shaw area. Which, if you’re curious, I defined thusly:

The most expensive home that sold in the Logan/Shaw area in 2013 was the penthouse unit at The Metropole, at 1515 15th Street NW.

Here are the details:

Sale Price:  $1,900,000
List Price: $1,895,000
Days on Market: 58
Close Date: June 28, 2013 (My 30th Birthday!)
Bedrooms: 3
Bathrooms: 3
Sq. Ft.: 2,127

Features worth noting:

• Floor-to-ceiling windows on the top floor means tons of light and great views.
• Concrete ceilings and exposed ductwork lend a chic, industrial feel to the space.
• Cool – though slightly scary – stairs.
• 2 Parking spaces in the heart of Logan Circle. Clutch.
• Huge private patio

The eye candy:
(These are just my favorite pics of the bunch. Click here to see the full listing and all of its accompanying photos.)

    

Click here to see the full listing!
Listing courtesy of Andrew Riguzzi with DCRE.

The Second String: Where to House-Hunt When You’re Fed Up with the Bloodbath

The DC real estate market has been nothing short of hot this year, but some neighborhoods have definitely seen more action than others. If the idea of engaging in a bidding war on the Hill or in Logan Circle doesn’t appeal, here’s a great article from the Post on alternative neighborhoods that may also appeal to you.

Can’t afford to buy a home in Old Town? Try Shirlington or other alternative neighborhoods.

 

Rising home prices, low inventory and higher interest rates are pushing many buyers’ dream homes further and further out of reach, real estate agents say, particularly in metropolitan Washington’s more popular neighborhoods.

But while purchasing on Capitol Hill or in Cleveland Park, Bethesda or Del Ray may be less and less likely for some, finding an equally grand home in an alternative neighborhood may be within reason.

By opening their minds and expanding their search just a bit (and perhaps making a trade-off or two), buyers may be able to find the right house at the right price.

At least that’s what Eric Westphal and his girlfriend, Lauren Posey, recently discovered… (continued here)

A New Redevelopment in Logan/Shaw

Real estate firm Fortis Cos has purchased this building at 1628 11th NW for 5.5 mil and plans to convert it into residential units. Given how ridiculously popular that area is right now, more inventory is good news!

Aug 16, 2013, 11:16am EDT

Logan Circle building primed for residential makeover

Courtesy of CBRE Group Inc.

D.C.-based Fortis Cos. is planning to redevelop the National Alliance of Postal and Federal Employees headquarters building near Logan Circle into a multifamily building.

Full article: http://www.bizjournals.com/washington/breaking_ground/2013/08/logan-circle-building-primed-for.html

Related articles

• Doll Gordon gives a tour of her historic home in Logan Circle (Video) (bizjournals.com)
• Craigslist Craziness: Want to Live in Logan Circle? Pass The Essay Requirement. (dc.curbed.com)