$26M D.C. Landmark On The Market
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LANHAM, Md. (CBSDC) — A D.C. building that once housed a President and First Lady while the White House underwent repairs is up for sale for the first time in more than 50 years.
The Patterson Mansion, located at 15 Dupont Circle, is a 36,470 square-foot, four-story white marble and brick behemoth of a home. It was erected in 1901 for Robert and Elinor “Nellie” Patterson, who owned the Chicago Tribune.
It was later passed on to their daughter, Eleanor Josephine Medill “Cissy” Patterson, who founded the Washington Times-Herald.
The home boasts two elevators, seven bedrooms, five bathrooms and seven half baths. And it could be yours for a cool $26 million. Don’t have that much cash on hand? Well, a 30-year fixed mortgage with a 5 percent interest rate and 5 percent down payment would still have you paying more than $180,000 per month, according to Realtor.com.
Chances are, that’s a little out of your price range as well. But there is a chance for you to at least glimpse the elegant interior of the home. Sotheby’s International Realty is hosting an open house there from noon to 3 p.m. Thursday, July 25.
Sotheby’s is the real estate agency tasked with selling the property.
“The mansion represents the dignity and prestige of the city’s most beloved historical structures and will continue its legacy of distinction as an embassy, foundation headquarters, association, club or once again as a personal residence,” the Sotheby website says.
The Washington Club, a women’s social group, had been based in the house since 1951. The organization decided earlier this year that the cost of the home’s upkeep was too demanding, especially in light of the club’s decline in membership, according to a Washington Post report.
When the house was still a private residence, Cissy Patterson allowed President Calvin Coolidge and his wife, Grace, to stay there while the White House was being renovated. During their stay, they hosted aviator Charles Lindbergh after his famous solo transatlantic flight from New York to Paris.
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