When it comes to Washington, D.C.’s biggest home sales in 2017, Massachusetts Avenue Heights seems to be the neighborhood of the year. Once again, a home in the neighborhood has sold, this time topping the charts at $14 million.
The 1962-built home was formerly owned by Mandell Ourisman, the late chairman of Ourisman Automotive Group, and his wife, Mary Ourisman, the former U.S. Ambassador to Barbados and the Eastern Caribbean. Washington Business Journal reported that the two have owned the property since 1994. The new owner is now the Kingdom of Morocco.
Directly next door to this seven-bedroom, eight-and-a-half-bathroom property is the home of the CEO and Chairman of Black Entertainment Television (BET) Debra Lee. At the moment, her single-family home is up for grabs for $11.5 million, down from its original asking price, which was $13.5 million.
In the same neighborhood is the home of Treasury Secretary Steven Mnuchin, who purchased his Massachusetts Avenue Heights single-family home in February 2017 for $12,585,000, one of the highest home sales of the year.
• Ourisman mansion in Mass Ave. Heights sells for $14M to North African nation [Washington Business Journal]
• D.C.'s most expensive homes sold in 2017 [Curbed DC]