Good Deal or Not? “overlooking Italian Ambassador’s home” edition

DC8344174 - Exterior (Front)

This house is located at 2813 Albemarle Street, Northwest. The listing says:

“Fantastic Forest Hills home, nestled in the trees, overlooking Italian Ambassador’s home. Special unique site w/beautiful, private views, but close to shops, Metro & Downtown. Thru center-hall, recent eat-in K & all new BAs; main lev large LR & DR, fam room/office plus powder rm; 4-5 BRs up, 3 full BAs plus extra rooms; lower lev au pair suite. Lovely garden & 2-car pkg.”

You can see more photos here.

This 6 bed/4.5 bath is going for $1,595,000.

23 Comment

  • That’s a really ugly facade for 1.6 mill.

  • for that price, please skip the wood paneling.

  • “Hey, you can spy on your neighbor from this house!!!”

  • For that location – deal.

    • Why in the world would anyone spend that kind of money to buy that house in that part of DC? You might as well just buy in MontCo or Arlington, where the commute is no longer, the neighborhoods are no more suburban, and the schools are better.

      • Accountering

        Well, this house in Maryland likely IS more money. Plus, the commute IS longer. This is very likely private school territory anyways, or the local in-bounds schools here are actually quite good.

      • maxwell smart

        I totes love when people act like commuting from Van Ness is equivalent to commuting from Gaithersberg. Like, OMG, Van Ness!!? That’s SO far way.

        • I believe this is Tenleytown Metro, but generally agreed.

          • I hear all of you, and sure I was exaggerating a bit for effect, but I really don’t get it. If I’m looking for city living then I’m all in — downtown, baby — but if I’m looking for a suburban existence I’m crossing the border.

          • I can understand that view, but living in a quieter neighborhood while still staying in the District does offer some benefits. Many government jobs (especially high level ones that could afford a home like this) require you to be a district resident. Also, while this neighborhood is pretty homogeneous, it’s not necessarily on the level of a Mclean or Arlington. If you have a family, living in the city allows for your kids to be exposed to some of the cultural benefits DC has to offer.

          • “Many government jobs (especially high level ones that could afford a home like this) require you to be a district resident.”
            Seriously? Which ones?

          • To Anonymous 4:19 p.m.: I think that’s only for D.C. government jobs.

          • Also… I think many people perceive the main drawback of being in the District as having bad schools.
            But for a house in the chunk of NW that _does_ have good schools, that doesn’t apply. And it takes far less time to get to central D.C. from Tenleytown than it does from Montgomery County.

    • i’m not sure if you are asking which jobs require you to live in the district or which ones pay enough to afford a house this expensive.

      the DC government has residency preference which gives preference to residents for certain positions and promotions.

      in terms of money, everyone’s financial situation is different but i know plenty of federal and local government employees who either live (or could live) in a 1.5 million house if they wanted to.

      • DC has so much family money, it’s ridiculous. I’ve never been to such a place where people making middle class money (e.g. $120K each at a government job) suddenly have hundreds of thousands of dollars for a downpayment on 7 figure house. It’s really unbelievable, but very common (i.e. every single one of my friends who has recently bought a place).

        • well, I don’t know if I would consider a gross combined income of $240k “middle class”. in fact i believe that would put you in the top 5 percent for the country. granted, it doesn’t go as far here. but also, you must keep in mind that a lot of people are putting down less than the traditional 20%. also, people often use money made from selling a previous home for a down payment and in DC that could be pretty substantial.

          there is definitely a lot of family money here, but it’s also very possible to do it on your own steam (if you wanted to)

  • I’m not a big fan of the house itself, but it’s large and in a good location (good local schools, close to Metro). No idea what the comps are, but I wouldn’t be surprised if this is actually a good deal.

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