From $2,700,000 to $1,250,000, This Loft is Now a Steal.

I blogged about this loft in the spring of 2009 after attending a party there and loving it. I did write, however, that if I were going to spend $2.7 million that I wouldn't want to live across from a Jumbo Slice! I saw on Urban Turf's tweet this morning that the price had dropped AGAIN and it's now at $1,250,000 which is a great deal for that much space. Click here for Urban Turf's article, a few comments echo my sentiments about Jumbo Slice!

Under Contract! 1624 Corcoran Street #J $699,000

After looking at 1 and 2 bedroom condos all over Dupont and Georgetown, my out of town buyers picked this lovely 2 BR at 17th and Corcoran to call home. They liked the more traditional separated layout over the newer units with their total openness. Having two fireplaces and a gorgeous kitchen helped seal the deal as well. Pictures here.

Under Contract! 912 F Street #1109 $849,900

My buyers fell in love with the large kitchen and amazing city view that this penthouse 2BR has to offer. It's in the heart of Penn Quarter and within blocks of their favorite restaurants, museums, and shops. Check out all of the windows! Pictures here.

Bidding Wars in Penn Quarter

This lovely 3BR in Penn Quarter came on the market a few weeks ago and my clients wanted to get in immediately. There were multiple offers and my clients wrote an escalation clause into their contract that went well over the listing price of $775,000 and still were not the winning offer. This is extraordinary as the last unit with this floorplan sold for $690,000 (it was tenant occupied and in a lesser condition- but still a large difference!). Although my clients were dissapointed and it was frustrating to lose out to another buyer, I thought it was a great sign for Penn Quarter and how in-demand larger units are there.

Under Contract! 11236 Edson Park Place #30 $415,000

My client fell in love with this wall of windows and loads of light in this Rockville condo that lives like a townhouse. Wood floors and a fireplace add lots of warmth and the location across from White Flint Mall and walking distance to the metro was a real draw. More pics here.

Under Contract! 1750 Euclid St NW #1 $599,000

A buyer of mine got a contract on this lovely listing in Adams Morgan. It's spacious and sunny 2 Bedroom condo in a converted townhouse. Lot's of charm with a fireplace and back patio. Pics are here.

Smallest Kitchen I've Ever Seen

This just made me laugh when I saw the picture of this kitchen in a Dupont circle studio (priced at $185,000) It's a nice studio/jr. 1 bedroom with a massive walk-in closet but with this kitchen I would think you would have to get used to eating take-out every night!

Price Reduction! 3020 Dent Place #24W $525,000

601 Pennsylvania Avenue NW #1206 SOLD! Full Price $449,000

This one bedroom generated a lot of excitement once it went on the market. The classic and elegant renovation as well as the sought after capitol views got it sold in no time. Many other one bedrooms have sat on the market for much longer in this neighborhood which reinforces the importance of move-in condition and starting at the right price. Certain segments of the market have the demand, and if the properties are up to par, they will sell quickly!

New Listing! 601 Pennsylvania Avenue NW $449,000

Nancy Itteilag and I have this gorgeous 1 BR 1.5 Bath condo in "The Pennsylvania" which is actually on Indiana Avenue behind Pennsylvania and away from that traffic noise. It's a lovely renovated unit with granite in the kitchen and baths and a balcony with great views of the Capitol. The building also has a great rooftop deck with amazing monument views. It's priced very well at $449,000 and $459,000 furnished. More pics here.

4200 Cathedral Avenue NW #602 UNDER CONTRACT!

We are seeing quite the pick-up in sales of entry level properties. 4200 Cathedral Avenue NW #602 had a recent price reduction to $160,000 and is under contract! The buyer hopes to settle in time for the first time buyer credit in case it's not extended. Everyone is hoping that the increased activity will "trickle up" and start moving into the upper bracket, which is still very slow.

New Listing! 3020 Dent Place #24W $550,000

Perfect starter condo in Georgetown, 2BR/1 Bath with plenty of closet/storage space and it lives like a house with a nice foyer, separate kitchen, dining room, and living room. Crown moldings and nice wood floors make the home very charming. Very well priced at $550,000.

Under Contract! 2121 2nd Street NW #4

We've gotten a ratified contract on 2121 2nd Street- great news for my seller as well as the new buyer. I know the buyer will love this quiet street in the heart of Ledroit Park and enjoy his new condo. More pics of the unit here.

Price Reduction! 4200 Cathedral Ave NW #602

This lovely 1Bedroom condo in Wesley Heights is now only $160,000...the best price in NW DC for a nice building with all new windows and heating/cooling systems. Picture here is of the view looking over Cathedral Avenue.

22 West Decorated Models

Today I visited a Broker's Open at 22 West, the new building that has gone up on 22nd and M in the West End. I used to live in this neighborhood and have been watching the building go up for years so it was time to get over there and see some units. The finishes are beautiful- very sleek and modern without looking too cold. They had several models open for us to tour and each was decorated by a different local furniture store- Vastu, Contemporaria and Baker. Seeing the furniture, art and light fixtures that each designer chose was a lot of fun. Each unit we saw had lots of closet space and had REAL LAUNDRY ROOMS rather than a closet with a stacked washer dryer. You pay a premium for the luxury of it all- 1BR with dens start at $711,000 and the larger 2BR with den units were just under $2 million on the lower floors. Click here to see more pictures and info about the building.

Great Decorating on Capitol Hill

I came across this new listing and thought it was a great condo with some nicely chosen renovations and good decor. $339,000 for this 2BR (really 1BR with den)on Morris Place NE. The Master is small and those windows don't look out at much, but the living space really shines. See pics here.

New Listing 2121 2nd Street NW #4 $199,000

Condo in DuPont Gets 9 Offers

This condo, priced at $499,000 on S Street went on the market on Monday and they reviewed NINE offers on it last night. My clients wrote a very good offer, escalating quite a bit over the asking price and we lost out to a buyer willing to pay a higher price. I won't know until it settles what it went for but I would guess somewhere around $550,000. The condo was lovely (see pictures here) and had a real dining room area which is rare in these converted row-house condos.

SOLD! 1620 Corcoran Street NW #A $365,000

Last Friday my client settled on this lovely 1 BR condo in the heart of DuPont. Corcoran is a quiet one way street off of 17th Street and steps to Safeway, restaurants and Mr. Yogato!

Watergate Hotel up for Auction

The historic Watergate hotel will be going up for auction tomorrow and the sale apparently sparked international interest. The hotel closed a few years ago and was to be converted into high-end condos by Monument Realty. I visited their sales center a few years ago and was impressed by their floorplans, finishes, and of course, those views! Unfortunately the project had trouble on multiple fronts as the Watergate Coop buildings tried to stop the conversion, and the financing fell through when Lehman Brothers went under. The hotel is now in foreclosure. Click here for the Washington Post's recent article on the exciting auction.