2701 32nd St NW,WASHINGTON, DC 20008
WASHINGTON, DC 20008
Description
Rarely does an acre of land become available in one of Washington's most blue-chip, insulated neighborhoods. Offered as a combined package at $6,890,000 or individually as the existing residence at $3,895,000 and the two adjacent parcels at $2,995,000, this assemblage represents one of the most significant development and estate opportunities in the city. The existing home is a stately European-inspired red-brick residence from the 1930s with a striking turret, original fireplaces, exposed beam ceilings, leaded glass windows, and five bedrooms across five levels with an attached two-car garage. A collaboration between BarnesVanze Architects and CAS Engineering has produced a comprehensive feasibility study with full zoning analysis, site engineering, 3D models, floor plans, and color renderings for multiple development scenarios. The heavy lifting has been done. The recommended program calls for two residences: Lot A expanding the existing home to approximately 7,000 to 8,000 square feet, and Lot B as a new ground-up estate targeting approximately 15,000 to 17,000 square feet with curated outdoor living and security. Both scenarios are entirely by-right under current zoning. One block away, HEIDER represented the sale of a then eight-year-old residence that closed at a number that defined the ceiling of the Washington luxury market at the time. With the right program, this assemblage presents a comparable opportunity to create and capture value at the highest level the city's residential market has to offer.
Details
| MLS # | DCDC2259882 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 149 |
| Listing Provided By | TTR Sotheby's International Realty | Daniel M Heider |
Features
| Zoning | SEE DC ZONING WEBSITE |
|---|---|
| Acreage | 0.78 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 61872.9 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20008 |
| Area | WASHINGTON DC |
| Community Name | MASSACHUSETTS AVENUE HEIGHTS |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in MASSACHUSETTS AVENUE HEIGHTS) | |
Price: $2,995,000 low | high Med: $2,699,500 On site: 149 low | high Med: 9.5 | |
Market Activity 20008
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20008 |
| Area | WASHINGTON DC |
| Community Name | MASSACHUSETTS AVENUE HEIGHTS |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in MASSACHUSETTS AVENUE HEIGHTS) | |
Price: $2,995,000 low | high Med: $2,699,500 On site: 149 low | high Med: 9.5 | |
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