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Condos

Thursday, February 21, 2013

$8M Chevy Chase Condo Back on the Market

After purchasing the Parc Somerset condo for nearly $8 million last December, the condo's owners have decided to put the condo back on the market.

  The most expensive residential property sold in Chevy Chase last year is back on the market. Apartment No. 1801 at 5630 Wisconsin Ave. sold for $7,950,000 on Dec. 17, 2012, Chevy Chase Patch reported. The two-bedroom, four-bathroom, 3,400-square-foot apartment at the Parc Somerset "is believed to be the highest price ever [paid] for a condominium in Greater Washington," Washington Business Journal reported. But, the couple who purchased the condominium has decided to develop other property interests, Washington Business Journal added. Before last December, the last time that this particular condominium sold was in 2000, for $3.1 million, Washington Business Journal reported. Read more about the property on Washington Business Journal's …

J Wilson

9:18 am on Thursday, February 21, 2013

Whatever the price, it's way too much. Born and raised in DC. In fact, grew up in a house on 45th Street, just up the way from this condo. Lovely neighborhoods, but WAY OVER PRICED. Somebody get a grip!   more ›

Wednesday, January 16, 2013

Luxury Condo Building Announced for Hampden Lane Site

A site on Hampden Lane in Bethesda has been acquired by developers Toll Brothers, Inc.

A site at 4915 Hampden Lane will soon be transformed into a seven-story residential building with 60 luxury condos and underground parking. The plans were announced in a Thursday press release by luxury homebuilder Toll Brothers, which has acquired the site and opened a Washington, DC, office in downtown Bethesda. A fall groundbreaking is expected for the project, according to the release, with sales opening in spring of 2014. It's the first urban project in the Washington region for Toll Brothers, a company based out of Horsham, PA that has developed extensively in the New York City region, according to a report in the Washington Business Journal. "We are enthusiastic about the Washington, D.C. metro area. With significant capital on hand…

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