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$5,700,000

Beds
5
Baths
6.5
sq ft
7,400

5811 Potomac Ave NW, Washington, DC 20016

5811 Potomac Ave NW

WASHINGTON, DC 20016

  • 21 days on market
Situated on Potomac Avenue in the Palisades, and embraced by a tranquil park setting overlooking the Potomac River Basin, this distinguished residence promises an unparalleled lifestyle. The striking centerpiece of the home, a dramatic floating staircase is flanked by sliding glass walls at both the front and rear of the home, creating a seamless indoor-outdoor living experience that invites natural light and a refreshing cross breeze. The residence showcases soaring ceiling heights up to 19', offering expansive wall space for art curators. Step into tranquility within the Zen Associates designed Japanese Garden, complemented by an ionized black bottom heated pool and mature species plantings. The pool features an Ipe deck surround, offering a perfect spot to sunbathe with optimal sun exposure for 10 hours a day during the summer months. Crafted for the connoisseur, the home includes an impressive 1500-bottle wine cellar, a media room, and an in-home gym for the fitness enthusiasts. The kitchen, designed by Leicht, is complemented with a Gaggenau induction cooktop and Miele appliance suite including the Miele Coffee System. Integrated refrigeration is by Leibler. The Primary Suite features a private roof terrace nestled within a Magnolia tree. The bathroom, also designed by Leicht, is a sanctuary in itself. Featuring a centerpiece soaking tub overlooking the serene river basin, adjacent is a spacious walk-in shower as well as dual vanities and water closets. Each additional bedroom is a treetop sanctuary within itself offering en-suite baths, ensuring utmost convenience and privacy. The 7,800 square foot home is accented by in-floor radiant heat on the first floor, whole home water filtration, and an EVR system that balances humidity and temperature throughout the residence. Secure parking includes a 2-car garage and an additional surface parking space. Conveniently located just a two-minute walk to the Capital Crescent Trail and within short distances to fine dining such as Claudio's Table and Et. Voila, this home offers the epitome of luxury living in a coveted location.

Details

Property type

Single Family Residence

Est. home value

$5,680,037

Lot size

7,049 sq ft

Price per sq ft

$771

Year built

2013

Annual property taxes

$25,058

HOA

No

Price History

06/19/2024

Bright #DCDC2145922

Listed
$5,700,000

Schools & Community

Neighborhood: 

Potomac Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,339,766
Asking price
$5,700,000
Closing costs (~8% of asking)
-$456,000
Est. remaining loan balance
-$904,234
Cash to seller
$4,339,766

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ubs Bank Usa

Loan start date

October 2016

Original loan amount

$1,088,711

Est. remaining balance

$904,234

Interest rate

3.43%

Loan type

New Conventional, 30 year

Seller

Graham S Wisner and Rania Hanano

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/05/2024 at 10:20 PM

Listing updated: 06/20/2024 at 10:44 AM

Listed by: Brian Smith, Compass Phone #: (301) 298-1001

MLS: Bright #DCDC2145922

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