Good Deal or Not? “enormous rooftop deck” edition

507 K Street Northeast

This house is located at 507 K Street, Northeast. The listing says:

“BREATHTAKING all new construction w/ over 2,000SF steps off of H Street & new Union Market! Exquisite finishes throughout with double tiered ceilings, moldings, casings, & stellar lighting package. Surround sound, iPod docking station, ebony hardwood floors, floating staircase & luxury appliances. Oversized windows flood the home with light. Spa baths, ample closets, enormous rooftop deck.”

You can see more photos here.

This 3 bed/3.5 bath is going for $1,300,000.

Ed. Note: Another unit is going for $850,000.

66 Comment

  • What’s the price range for complete rowhouses in this area?

    • Haven’t seen anything over 900k north of H. Well may be ones that was listed on FL in Trinidad.

    • Between H and Florida, newly renovated go in the 700s. South of H, newly renovated can top 900s and above. I live a block from this place and it seems extremely overpriced for the neighborhood, especially being on busy K Street.

    • $600K-$900K if in good condition

      • The caption should be this – Wake up and walk out to pick up your newspaper with lamb wool slippers on as your lower-income neighbors glare at your status… Your butler is making you eggs in the gourmet kitchen…. Park your Bentley in the back so haters can’t scratch it! You have arrived!!!

    • There are very few if any renovated 4000 square foot houses in this area so it’s very difficult to compare.

      • This pop-up isn’t being sold as a single-family home; it’s being sold as two condos. So the comp wouldn’t be a 4,000-square-foot single-family home anyway.

  • OMG, I love this place.

  • Hahahaha, alright PoP, now you’re just trolling us. 😉

  • I would definitely take a bath in that tub.

  • Is that a microwave installed at knee-level?

    • It is. Microwave drawers are awesome!

      • Is it a drawer or just a microwave under the counter? I have the latter and I HATE it. So damned inconvenient. But the upside is that I rarely use my microwave anymore, I just heat things up in the stove. And the drawers are hard to clean. My niece exploded something (maybe an egg?) in my SIL’s microwave drawer and it took her ages to clean it because the drawer didn’t come all the way out and the explosion got all around the drawer. It was really gross.

    • Yep — that was my comment when someone posted the Redfin link in yesterdays’ RRRR:
      I believe JustinBC said it’s a trend.

  • binpetworth

    If I had $1.3 million to spend I would want a) outdoor space and b) no condo fee. This seems overly ambitious for this neighborhood at this point in time.

    • binpetworth

      Just noticed the rooftop deck–but I’d still want a lawn!

    • Wait, this place has no outdoor space? Did they get a variance to build all the way back to the property line?? I don’t see any mention of parking in the listing. Is there even a parking pad??

      • If you look at the pictures of the lower unit, they show the parking pad. It seems parking is included, though it isn’t mentioned.

  • This is the Taja place?? LOL

  • Sometimes pop-ups are ok. This is not one of those times. Curb appeal with this one is greatly lacking. As for 1.3 million? Nah.

  • Nice on the inside, but I could not live with the ugly exterior and there is NO WAY this is worth 1.3 million

  • 1.3 million for a crummy flip job? AND it’s a condo?! This can’t be serious. Just look at those horrible hollow-core doors. 1.3m. Jeezum lord a mercy.

  • This place would fetch this price near U St/Logan, but not in NE near H. Nice to see they are building good stuff over there though. I’ve see quite a few upper level condos like this near U, they were usually built between 2003 and 2008 though.

  • (hopefully this comment didn’t post twice)

    Before the advent of the Internet and online open access property systems realtors called this a drive by . If someone didn’t like the outside they wouldn’t even bother going inside.

    What I don’t understand about flippers like this is that they don’t seem to get this. Many people look at exterior photos and yes/no going to view it based on that and yet there seems to be little if any effort to make the exterior harmonious with the immediate neighbors or with the part you are plopping that extra floor onto. I supposed they could think that they inside photos may entice people but I am not so sure. Particularly if you asking over a million dollars for something that looks unfinished on the exterior. People paying that price expect better.

  • Who approved the design? It looks horrible, and totally destroys the beauty and charm of the entire block. It’s tackier and so much worse than a suburban McMansion because at least most McMansions don’t destroy the aesthetics of historical neighborhoods as this house so clearly does. The block survived the ’68 riots, 80’s crack epidemic, and the Marion Berry years all for this? And perhaps even more tacky is the $1.3 million dollar price tag. $1.3 million for a CONDO? Maybe in San Francisco, or Paris, or Manhattan, but there’s no way I can see anyone paying that much to live on H street. The last time I checked, people that have $1.3 million to pay on a condo aren’t hanging out on H street or Union Market. No way can this be true. Maybe this is some kind of publicity stunt meant to draw attention to the lack of affordable housing in the city.

    • Unfortunately, as long as a property 1) is not in a historic district and 2) is under the maximum height for its zoning category, no one has to approve the design.

      • Should say “fortunately” rather than “unfortunately”–not b/c this is a good design (it obviously is not), but anyone who has tried to do renovations — or replace a drafty window for under $2k — in an historic district knows that they are good in concept, but very very bad in execution.

        • D.C. really needs an in-between option — something between the detailed requirements in historic districts and the “anything goes, up to the height and lot coverage permitted in the zoning.”
          Apparently the idea of an in-between option — called a “conservation district” — is out there, but it would need to be proposed by a Councilmember and voted into being.
          People are often not keen to have their neighborhoods deemed historic districts because they’re worried about limitations and hassle factor if they want to replace their windows, etc. There really needs to be some way to preserve D.C.’s historic architecture and prevent these monstrosities without having to embrace full-on historic-district requirements.

    • “The last time I checked, people that have $1.3 million to pay on a condo aren’t hanging out on H street or Union Market.”
      As they say in the stock market: Past performance is no guarantee of future returns.

      • True, but they also say “buy low and sell high.” Last time I checked, $1.3 million for a condo on H street is not “buying low.”

    • austindc

      I approved it. Sorry, I was kind of buzzed at the time, and I didn’t think they would really go through with it.

  • Imagine the conversations as you break the ice with your new neighbors

  • Price it at $1.3 million in hopes of closing at $900K. Which would still be absurd for a condo in H Street.
    Everything is negotiable.

    • 811 8th st NE top unit sold for 840k and has a much smaller roof deck, isn’t as nice inside and is further from metro.

      I pretty much agree with you this will sell for 900k to a million.

      • I live around the corner from this hideous thing. I have been waiting anxiously to see what they list it for and I expected to see something in the $600K range (due to it being a condo). I am blown away. I highly doubt they will get that and I really hope they don’t (even though it would benefit my property value). I’d rather see this sit for a long time than encourage more terrible developers to build hideous condo conversions. My next door neighbors have been talking about selling soon…ugh!

  • I’m torn. Agreed that the outside is hideous and completely incongruous to the neighborhood. agreed that it is overpriced for the neighborhood. But the inside is so pretty. Huge windows, great light, nice kitchen, roofdeck, and that amazing tub.

  • Who needs 3.5 baths in a 3 bedroom house?

    • I have 2.5 baths in a 2BR. It makes sense – you can rent each bedroom as a suite and still have a half bath for guests right off the main living area. This is really good for resale value or in case where you’ll rent out your property.

  • I think the already expensive areas (h, bloomingdale, shaw, u, logan Georgetown etc) are due for slow and steady (3 to 5% a year) growth, nothing strong, for the next 5 years.

    Note that if pop ups are reduced as per legislation that would mean housing prices rising significantly faster in those areas since supply would be drastically cut off.

    I think up and coming areas (anacostia, benning, carver langston, further ne, deadwood congress heights etc) will see larger gains (10+%/year) if only because they are coming off such low levels and the disparity in pricing is so great compared with other areas.

    • A ban on pop-ups wouldn’t “drastically” cut supply. It just means that developers might choose to carve a 2-story rowhouse with a basement into three one-level condos, rather than two two-level condos.

      • I agree that it wouldn’t drastically constrain supply, but most of the areas in which developers are “popping up” (at this moment) are zoned R-4, meaning that developers can build a maximum of 2 units by-right. They will continue making conversions, but will be constrained in size (perhaps). This would effectively drive up prices per square foot in the still-developing hoods (Shaw, Bloomingdale, H, Hill East).

  • Argh the point of my comment was nobody would blink an eye at 1.3 for something like this in sf. We don’t have the ultra wealthy they have but our incomes are similar, though lower.

  • Hideous. Possibly the ugliest house I’ve ever seen.

  • Any way to get larger photos on the Popville real estate pages?

  • Really ugly building. Looks high end inside, but I could do w/o a wood floor in the kitchen and most of the flooring looks like it was taken from a Safeway building site.

  • It’s like the old row houses are curled up fingers, and this pop up is a single finger in the middle extended straight up.

  • $1.3M for the interior and location is a lot of money. However, $1.3M and still have to dish out more money to FIX the exterior is absurd. Looks like a contactor’s special! Or designed by a frustrated ‘architect’.

  • I posted the comment yesterday…I live two blocks away. I’m glad these ugly pop-ups are facing some backlash. The pop up at 618 L Street NE still has only one unit under contract. The price tag is ridiculous; you can find an entire house well under that price point in the neighborhood. And who knows if these units are soundproof? How many problems do small condos face, particularly when the inevitable problems emerge and maybe both owners face conflict?

  • ” iPod docking station”

    Well, that’s worth the $1.3M right there.

  • the only thing I can add is that that’s not a millionaire’s kitchen. sure, the viking is nice, but the size (counter space and cabinets) is about the same as you’d find in condo that costs half as much in much nicer areas.

  • Here is the text of the letter the ANC sent on February 28, 2014 to DCRA regarding the zoning violations on this property. The issue remains unresolved.

    Mr. Matthew LeGrant Zoning Administrator
    1100 Fourth Street S.W.
    Washington, D.C.20024

    Re: 507 K Street N.E.

    Dear Mr. LeGrant:
    On February 18, 2014, at a duly noticed, monthly meeting of ANC 6C, with a quorum of 5 out of 6 commissioners and the public present, the above-mentioned item came before us.
    We are writing concerning a zoning violation at 507 K St. NE, a row house in ANC 6C undergoing substantial rehabilitation. We have been in conversation with several people at DCRA regarding a number of violations at this property (our current primary POC is Matt Orlins). One specific issue, however, has been acknowledged but goes unmitigated, and requires your attention.
    The building at 507 K St. NE is an interior row house, but the original west wall was not attached to the adjacent property. Construction began with demolition of all but the front facade of the home and the east party wall. The new construction that followed demolition extended the dimensions of the house so that it is now adjacent to the property to the west. The builders have also constructed a typical dogleg, creating a side court between the house and adjacent property. This side court is less than the minimum 10 ft. required for a side court, and since it is new construction, should not be allowed.
    We have brought this to the attention of Mr. Orlins (and previously Stephanie Reich), but the decision was made not to issue a stop work order, and rather to ask the builder to revise the plans. This approach seems unduly lenient and does nothing to remedy the violation. No matter how the builder depicts this court in the revised plans, the fact will remain that as constructed it will violate the zoning code. We have not gotten a clear response from anyone at DCRA as to what actions will be taken once the new plans are received.
    As this is a clear violation of zoning regulations that has been acknowledged by DCRA, we do not see how this construction should be allowed to continue. The longer construction continues, the more difficult it will be to remedy this violation (and the myriad of ot h er violations at the property). We would like to see construction halted at this site immediately, and the violation corrected.

    Thank you for giving great weight to the recommendations of ANC 6C.

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