$12,500,000

Estimated payment $73,940/month

Total Views 87,919
8 Beds
6.5 Baths
9,086 Sq Ft
$1,376 Price per Sq Ft

Highlights

  • Private Pool
  • 0.43 Acre Lot
  • Wood Flooring
  • Hyde Addison Elementary School Rated A
  • Federal Architecture
  • 2-minute walk to Francis Scott Key Park

About This Home

Thought to be designed by William Thornton, the architect of the U.S. Capitol, and long considered one of the most architecturally and historically significant properties in the city of Washington, Prospect House was built between 1787 and 1793 and sits high above the Potomac River at 3508 Prospect Street in Georgetown. This red brick Georgian-Federal house has been a show place for politicians and statesmen since Revolutionary War days, and is sited on nearly half an acre of beautifully manicured formal English gardens.  Among many renowned owners over the years, the property was the home of the first Secretary of Defense, James V. Forrestal, and during the Truman Administration Prospect House served as The White House Guest House for visiting dignitaries. Presidents Washington and Adams, the Marquis de Lafayette, the Shah of Iran, the President of France, and the poet Robert Frost have all been guests of Prospect House.

The first floor of this 9,000+ square foot residence includes 12-foot ceilings; a formal entrance hall; a double parlor living room with twin Adams fireplaces, a Jefferson window, and a bay window overlooking the gardens; a banquet-sized dining room with a fireplace and river views; a gallery hall; an ample-sized eat-in kitchen, a powder room and a veranda.  Upstairs are 7 large bedrooms -- several with river views -- a sitting room and 5 full baths. A lovely library opening to the garden, a home office, an 8th bedroom and a full bath make up the lower level.  The property includes a 41-foot swimming pool and an octagonal watch tower where one of the early owners watched his boats come into Georgetown Harbor. 

A garage and additional parking for 3 cars complete this extraordinary offering.

Prospect House has been well-maintained and improved by its current owners, who, in the last few years, have replaced the roof; the plumbing, heating and air conditioning systems; and rebuilt all of the windows.

Listing Agent

Kimberly Gibson

Washington Fine Properties, LLC License #SP98358904

Washington Fine Properties, LLC

Co-Listing Agent

Eileen McGrath

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,071

Year Built

  • Built in 1787

Lot Details

  • 0.43 Acre Lot
  • North Facing Home
  • Historic Home
  • Property is in excellent condition

Parking

  • 3 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Federal Architecture
  • Georgian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Plaster Walls
  • Slate Roof

Interior Spaces

  • 9,086 Sq Ft Home
  • Property has 4 Levels
  • Ceiling height of 9 feet or more
  • 10 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior, Rear, and Side Basement Entry
  • Natural lighting in basement

Home Security

  • Home Security System
  • Exterior Cameras

Pool

  • Private Pool

Utilities

  • Central Air
  • Radiator
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1203//0035

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,071

Year Built

Built in 1787

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Federal, Georgian
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2024-02-28
  • Year Built: 1787
  • Building Winterized: Yes
  • Remarks Public: Thought to be designed by William Thornton, the architect of the U.S. Capitol, and long considered one of the most architecturally and historically significant properties in the city of Washington, Prospect House was built between 1787 and 1793 and sits high above the Potomac River at 3508 Prospect Street in Georgetown. This red brick Georgian-Federal house has been a show place for politicians and statesmen since Revolutionary War days, and is sited on nearly half an acre of beautifully manicured formal English gardens.  Among many renowned owners over the years, the property was the home of the first Secretary of Defense, James V. Forrestal, and during the Truman Administration Prospect House served as The White House Guest House for visiting dignitaries. Presidents Washington and Adams, the Marquis de Lafayette, the Shah of Iran, the President of France, and the poet Robert Frost have all been guests of Prospect House. The first floor of this 9,000+ square foot residence includes 12-foot ceilings; a formal entrance hall; a double parlor living room with twin Adams fireplaces, a Jefferson window, and a bay window overlooking the gardens; a banquet-sized dining room with a fireplace and river views; a gallery hall; an ample-sized eat-in kitchen, a powder room and a veranda.  Upstairs are 7 large bedrooms -- several with river views -- a sitting room and 5 full baths. A lovely library opening to the garden, a home office, an 8th bedroom and a full bath make up the lower level.  The property includes a 41-foot swimming pool and an octagonal watch tower where one of the early owners watched his boats come into Georgetown Harbor.  A garage and additional parking for 3 cars complete this extraordinary offering. Prospect House has been well-maintained and improved by its current owners, who, in the last few years, have replaced the roof; the plumbing, heating and air conditioning systems; and rebuilt all of the windows.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 10
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, High, Plaster Walls
  • Foundation Details: Stone, Brick/Mortar
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Daylight, Full, Connecting Stairway, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Side Entrance, Walkout Level
  • Total Sq Ft: 9086
  • Living Area Sq Ft: 9086
  • Price Per Sq Ft: 1375.74
  • Above Grade Finished Sq Ft: 9086
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3508

Beds/Baths

  • Bedrooms: 8
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 4
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Security System
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18740.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Manor-Glenelg
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 50071.00
  • Assessor Parcel Number: 1203//0035
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $50,071 $5,890,710 $2,365,360 $3,525,350
2023 $49,381 $5,809,550 $2,351,500 $3,458,050
2022 $48,022 $5,649,660 $2,425,890 $3,223,770
2021 $47,236 $5,557,130 $2,389,910 $3,167,220
2020 $47,328 $5,568,010 $2,469,560 $3,098,450
2019 $44,557 $5,242,030 $2,165,030 $3,077,000
2018 $44,186 $5,198,360 $0 $0
2017 $43,193 $5,081,540 $0 $0
2016 $43,478 $5,115,030 $0 $0
2015 $42,381 $4,986,030 $0 $0
2014 $42,547 $5,005,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Price Changed $12,500,000 -21.9% $1,376 / Sq Ft
02/28/2024 02/28/24 For Sale $15,995,000 -- $1,760 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2129376

Bright MLS

APN: 1203-0035