5431 Potomac Ave NW Washington, DC 20016
Palisades NeighborhoodEstimated payment $29,663/month
Total Views
181,309
5
Beds
4.5
Baths
5,357
Sq Ft
$931
Price per Sq Ft
Highlights
- Water Access
- Private Pool
- Open Floorplan
- Key Elementary School Rated A
- Gourmet Kitchen
- 4-minute walk to Carolina Park
About This Home
Desirably located in the sought-after Palisades neighborhood, this impeccably renovated residence offers western views across the Potomac River into Virginia. The impressive renovation was done by renowned architect David Jameson with finishes by Lenore Winters Studio, and further enhancements were added by Potomac Valley Builders in 2020. Upon entry, there is a vestibule with a convenient coat closet. Next, the foyer sets the tone for the sophistication that awaits within. It gracefully transitions into the elegant formal living room, complemented with a charming fireplace, exquisite moldings, and French doors opening to a front terrace overlooking the Potomac River. The space is ideal for entertaining with a seamless flow from indoors to outdoors and an interconnectedness of the impressive rooms on the main floor. Steps lead to the attractive formal dining room, featuring pocket doors for added privacy from the neighboring kitchen. The well-appointed gourmet kitchen, which was updated in 2020, is a culinary masterpiece, showcasing marble countertops, a central island, top-of-the-line appliances, and a pantry for added convenience. Adjacent to the kitchen, the breakfast room seamlessly connects to the family room with a fireplace, both enveloped in natural light from floor-to-ceiling windows and French doors leading to the manicured rear grounds and pool. The second level is comprised of two bedrooms, a hall bathroom, and an office/library featuring a fireplace and abundant built-in bookshelves. The primary suite is a haven of luxury, boasting oversized windows framing breathtaking river views, a cozy fireplace, a large elegant dressing room, and two sets of French doors leading to a private balcony. The spa-inspired primary bathroom, also updated in 2020, is an oasis of relaxation, enveloped in marble, featuring soaring ceilings, programmable heated floors, dual vanities, a luxurious shower with multiple shower features, and a separate soaking tub. Ascending to the third floor, two additional bedrooms await, each offering window seats and ample closet space, along with a hall bathroom featuring a frameless glass shower and concealed built-in vanity. The lower level features a media/recreation room with built-ins, discreet space for gym, a temperature-controlled wine cellar, a powder room, and a full guest and/or staff suite with a kitchenette, bathroom, and separate entrance. Additionally, the center stairwell is open from the ground through to the top floor, providing an open connection to all the spaces throughout the home. Outside, the rear exterior is exceptionally private, boasting a sizable pool and outdoor powder room, professional landscaping and hardscaping by landscape architect Gregg Bleam, as well as a covered table seating area, which is ideal for entertaining. The residence is easily accessible to downtown DC and Northern Virginia, as well as neighborhood favorite parks, restaurants, and shops. With its exquisite blend of sophistication, functionality, convenience, and breathtaking views, this home offers an unparalleled lifestyle in one of Washington D.C.'s most coveted neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,380
Year Built
- Built in 1979
Lot Details
- 5,750 Sq Ft Lot
- Property is zoned R-1B
Parking
- On-Street Parking
Home Design
- Transitional Architecture
- Slab Foundation
- Stucco
Interior Spaces
- Property has 4 Levels
- Open Floorplan
- Built-In Features
- Crown Molding
- 4 Fireplaces
- Family Room Off Kitchen
- Wood Flooring
- Finished Basement
- Interior and Side Basement Entry
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Wine Rack
Bedrooms and Bathrooms
- Walk-In Closet
Outdoor Features
- Private Pool
- Water Access
- Property is near a canal
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Palisades Subdivision
Listing and Financial Details
- Assessor Parcel Number 1443//0088
Map
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Home Values in the Area
Average Home Value in this Area
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 | $22,380 | $2,719,990 | $1,141,350 | $1,578,640 |
| 2023 | $21,960 | $2,667,480 | $1,096,320 | $1,571,160 |
| 2022 | $21,366 | $2,592,300 | $1,031,120 | $1,561,180 |
| 2021 | $21,187 | $2,568,980 | $1,026,030 | $1,542,950 |
| 2020 | $21,066 | $2,554,010 | $998,780 | $1,555,230 |
| 2019 | $20,753 | $2,516,390 | $971,360 | $1,545,030 |
| 2018 | $20,440 | $2,478,070 | $0 | $0 |
| 2017 | $19,910 | $2,414,860 | $0 | $0 |
| 2016 | $19,470 | $2,362,340 | $0 | $0 |
| 2015 | $19,397 | $2,353,360 | $0 | $0 |
| 2014 | $18,932 | $2,297,520 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2025 02/15/25 | For Sale | $4,990,000 | -- | $931 / Sq Ft |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $185,000 | -- | |
| Deed | $1,050,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $920,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $954,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $1,395,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $1,420,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $250,000 | Credit Line Revolving | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $400,000 | Unknown | |
| Previous Owner | $787,500 | No Value Available |
Source: Public Records
About the Listing Agent
Michael's Other Listings
Source: Bright MLS
MLS Number: DCDC2175058
APN: 1443-0088
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