$6.5 Million In Washington D.C. Buys Civil War History And More

Abstract

Built in 1920, the grand 8,685-square-foot property located in Sheridan-Kalorama, an exclusive neighborhood in Washington, D.C., offers the unique opportunity for it to be completed as either a luxury residence or return as another embassy. The home on Massachusetts Avenue could be used as a residence or converted into an embassy. Long & Foster Real Estate The home on Massachusetts Avenue could be used as a residence or converted into an embassy. "After the Government of Greece bought it along with two other properties, the three properties fell into disrepair," says listing agent Deborah Fonseca of Long & Foster Real Estate. "The property is now owned by a Greek billionaire from Boston, who has been restoring the property over the past 2.5 years. He saw it as a good investment and purchased it in 2016. In D.C., it takes years to get permits to do the work, so he has spent the last 2.5 years restoring it." The property is just steps from Sheridan and DuPont Circles in the middle of Embassy Row surrounded by other embassies. "It's zoned for residential we have a number of letters and decisions from the city saying that because the last usage was an embassy and there has been no intervening occupant, they will allow it to be an embassy as well," Fonseca adds. "The reason we left it like that is because it could go either way as a residence or embassy. It can be finished quickly though. There is some exposed brick, and the ceilings are exposed because so many buildings in D.C. claim to be restored but really aren't. This is a real restoration. Virtually everything in the property has been restored," the agent explains.