D.C. Landmark Sells for $20M, Will Be Converted Into Apartments

LANHAM, Md. (WNEW) — A D.C. building that once housed a President and First Lady while the White House underwent repairs went up for sale for the first time in more than 50 years in July 2013, and sold for $20 million on Monday.

That makes it the most expensive real estate sale in the District this year.

The Patterson Mansion, located at 15 Dupont Circle, boasts two elevators, seven bedrooms, five bathrooms and seven half baths. 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 Wall Street Journal reports that the 36,470 square-foot, four-story white marble and brick behemoth of a home was taken off the market by Bethesda-based SB-Urban, which plans to convert it into apartments.

PHOTOS: The Patterson House in Dupont Circle

TTR Sotheby’s International Realty, the firm that handled the sale, had originally listed the house for $26 million last year.

The Washington Club, a women’s social group, had been based in the house since 1951 but the organization decided that the cost of the home’s upkeep was too demanding, especially in light of the club’s declining membership numbers, 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.

More from Courtney Pomeroy
Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS DC

D.C. Lottery Live
Follow and Like Us

Listen Live