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Good Deal or Not? Weekly Wed. House Porn “2400 sq. ft. roof terrace” edition

by Prince Of Petworth January 29, 2014 at 1:00 pm 35 Comments

2101 CONNECTICUT AVE NW

This unit is located at 2101 Connecticut Avenue, NW:

kalorama_penthouse

The listing says:

“Magnificent light-filled Penthouse in BEST ADDRESSES Coop noted for its charm and dignity. Entry Foyer with skylights, formal DR & LR (with fireplace) Den, 4 BRS 2 1/2BAS. In addition to the 3049 sq. ft. apartment a spectacular privately owned 2400 sq. ft. roof terrace 360o views of DC, VA & MD. 1 Covered Parking Space. 2 Large Storage.Bins. A truly unique and gracious home”

You can see a virtual tour here.

This 4 bed/2.5 bath is going for $3,550,000 ($3,620 monthly fee.)

  • Anonymous

    Wow that would take a lot of work to bring into this century, I think it is a bad deal unless you are in your 70’s and have bad taste

    • Ryan

      My thoughts exactly. Tack on the monthly fee and that’s a ton of coin for this dated place.

  • It’s not my style and I understand that if you buy this place you’re not the one doing the cooking, but laminate counter tops in the kitchen? Really?

  • hma

    $3.5M is a lot of coin for a place that needs a completely makeover.

  • Anonymous

    Shitty deal. That monthly fee alone will get you into a nice $800K house.

    • Anonymous

      Though, I will take all their Persian rugs. Love me some Persian rugs, even in a more “modern” space.

  • Anonymous

    great deal. no one on here is in the target market for this address or style.

    the location is worth $500K by itself and the massive roof deck is another $1M.

    Cosmetic renovations (countertops etc) are trivially cheap relative to the cost, and are utterly irrelevant to the value of a place like this.

    • Anonymous

      What are you smoking? If you had a $3.5 million budget there are SOOOOOOOOOOO many better places you can buy in NW – gorgeous houses in Woodley, Georgetown, or Dupont, penthouses anywhere along 14th Street or pretty much any area you desire. And none of those would require updates.

      • o2bncdg

        Not to be argumentative – but not everyone wants a house with all the headaches of yard work, upkeep, trashy neighbors and generally the woes of single dwelling living. Granted, this place is costly, but with that gorgeous lobby, roof deck and spacious rooms, it will be snapped up by the right person.

    • hma

      For $3.5M, you could get an amazing (and renovated) house almost anywhere in the Adams Morga/Dupont/Ust/Logan area.

      • Anonymous

        you wouldn’t be in the penthouse of this historic building on connecticut avenue though would you be?

  • Ward One Resident

    2400 sq feet of personal outdoor space with those views? Sold.

    I suspect you could talk down the price accommodate redoing the kitchen and bathrooms (paint, etc. for other rooms).

    Someone who buys/wants this place doesn’t want a “nice $800K house.”

  • MRD

    Really loved it until I saw the kitchen and then I laughed out loud.

    I don’t think the decor cuts into the value. If you’ve got enough money to buy the place, it’s nothing to change cabinets and wallpaper.

    • CPT_Doom

      I agree with you on the decor. Sure the place needs to be hosed down by a decorator, but anyone buying at this price point is pretty much planning on dropping another 6 figures on high-priced furnishings, if they don’t already own them. However the kitchen is laughable – totally updated appliances with a decor my mother would have insisted on changing in 1975.

      • JJ

        Completely agree.

      • Rich

        The kitchen has an uptodate range and probably is meant to look like something out of the 40s and 50s, when built ins and single color schemes were in vogue. that era was the last heyday of all the chintz furniture coverings and the floral wallpaper. I suspect that it’s the Formica (oh, the horrors, no high end “finishes”) there and in the in the butler’s pantry that really bugs posters. Stone may be fashionable but it isn’t as durable as it looks.

        For 3.5M and a house, you wouldn’t have the view or lots of personal space w/o the upkeep of a yard, and you’d have the annoyance of neighbors. The unit would show better w/o wallpaper and with less furniture in the living room. This unit was on the market for about $1M 20 years ago, so 3.5M would be about right given the way property in that area has appreciated in the meantime. Liddy Boggs (Congresswoman and mother to Cokie Roberts and the lobbyist Tom Boggs) owned it then.

    • ET

      People in this price bracket are likely to redo everything regardless of how nice it is because that is what they do. They are uber rich, which is the market for this, want what they want and what they want is not what somebody else had even if that was a kitchen with expensive counters, fancy cabinets, and the most expensive appliances. What it looks like now is irrelevant.

  • Blithe

    Wow! Great bones! And the terrace is awesome. I DO wonder who thought the colors and design in the kitchen were a good idea — but it would be a re-do anyway. I think the price is high — but not insane. I think the monthly fees are insane though. Does anyone know what they include?

  • wdc

    Nope. $3M+ should get you fantastic architectural quality and history– not 8 foot ceilings and square white everything. I want artisanal parquet and impeccable moldings. Not white carpet. Sure, the views are nice, but they seem to be trying to sell this place as if it were some kind of important historic estate, instead of just a larger-than-average apartment. That’s all this is: a completely outdated large apartment with nice views.

  • Anonymous

    It’s a co-op, so the fee includes taxes and most utilities (water, sewer, heat). High, yes, but the taxes on a similarly priced house will run you an easy 2k a month, and heating for a 3000 square foot home ain’t cheap either.

  • Anonymous

    Well, let’s be honest. The person who would own this place would not be doing their own cooking. You can tell that it’s always been the staff kitchen, seeing as how there is a direct entrance into it (the staff would not be using the gallery entrance). That there’s a bedroom (“home office”) and bathroom off of that entrance really means that this is for the live-in maid. This place is beautiful, if in need of some wallpaper replacement, but definitely not built for the way most people live today.

  • Angry Parakeet

    This is lovely for a very wealthy old person who has no desire for a lawn. Did you notice the very discreet wheelchair lift? And the comment about the owner not spending time in the kitchen cooking describes a semi-invalid resident who can afford in-home care.

    • Anonymous

      Where do you see a wheelchair lift? Photo #14 shows a toaster oven (made me do a second-take myself).

      • Anonymous

        There’s an elevator in the entry foyer.

        • Anonymous

          Oh wow, yea. Good eye!

  • evilstevie

    Twin beds in both the guest rooms? The current residents’ adult (married?) children must love that.

    • Anonymous

      I would imagine they are for the grandchildren #thinkaboutit

  • Anonymous

    “This is a lovely 3 million dollar apartment that I’m ready to buy, however, I can’t get over the laminate countertops in the kitchen”, said no one ever.

  • Linc Park SE

    Too bad no Formstone – otherwise they could call it a Palace

  • Anonymous

    Maybe this demonstrates my lack of wealth and ignorance, but if I’m shelling out $3.5 million plus $3k a month, I’m not living in a building with someone else.

    • Jeff

      Yes, that’s a little silly. Consider all the huge and expensive places in NYC.

  • Anonymous

    Old rich ladies need housing too!

  • Aa

    My favorite thing about this place is the 30 year old Kitchen Aid dishwasher with matching green formica front panels.

  • Now i really want a stick of spearmint gum!

  • ClevelandDave

    Sounds like there are a few commenters (a bargain at 3MM!) who may not be completely unbiased and have some coin in this game. Hello Steve and Cokie Roberts?

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