Dan Snyder Donates Home to the American Cancer Society; The House Was Recently Listed For $34.9 Million

 

Courtesy of Sean Shanahan

Earlier this week, a little more than a month since the one year anniversary of Washington Commanders owner Dan Snyder putting his 30,000 SF home at 11900 River Rd. is Potomac up for sale, we let you know that the house was pulled from the market. It has since been revealed that the house was donated to the American Cancer Society. The home was initially listed at $49 million, which would have been a DMV record if it sold for the asking price. In August 2023, the home listing showed that the asking price dropped by 28.8% and is currently at $34.9 million.

The American Cancer Society (ACS) announced earlier this month the receipt of a substantial real estate gift from the Snyder family “that will play a critical role in accelerating the ACS mission to improve the lives of cancer patients and their families.”

ACS wrote that “the transformative gift comes in the form of real estate in Maryland currently listed for sale for $34.9 Million; the eventual proceeds from the gift will be unrestricted and used to further ACS’s mission through funding cancer research discoveries, enhancing direct patient support in 20,000 communities across the country, and through advocating for policies that enhance access to cancer care.”

Per the press release, “The Snyders are passionate advocates for cancer awareness and have a longstanding commitment to supporting cancer-related causes and the ACS. Tanya Snyder, a cancer survivor and a former national spokeswoman for the NFL’s “Crucial Catch” breast cancer awareness campaign, was previously recognized by the ACS as Mother of the Year for her exceptional community efforts.”

“We are incredibly grateful for the gift, and the generosity cannot be overstated,” said Dr. Karen Knudsen, CEO of the American Cancer Society. “Thanks to investment in cancer research, more people are surviving the 200 diseases we call cancer, but so much remains to be accomplished to further reduce the overall burden of cancer. At present, one in two men and one in three women in the United States will receive a cancer diagnosis during their lifetime. As such, ACS is grateful for support and commitment – in the form of time, service, and financial contributions – from individuals and families like the Snyders, which will allow us to accelerate progress against cancer and to improve the lives of cancer patients and their families.”

The home was previously listed by Heather Corey and Michael Rankin of TTR Sotheby’s International Realty and has five bedrooms and eight bathrooms spread across 30,000 SF. The French-style single family home sits on a lot size of just over 9.6 acres and is located in Potomac. It was most recently listed at a price of $1,163 per square foot, with an annual tax $204,407 (almost $80k more than the $125,583 median household income in Montgomery County). We reached out to the listing agents regarding the home being pulled and did not receive a response.

Back in November 2021, we reported that the $48 million sale of River View (7979 E. Boulevard Drive in Alexandria, VA)- a 16,000 square foot home with an additional carriage home had set a new record for the most expensive home sale in DMV (DC, Maryland, Virginia) history. The home was bought by Montgomery County native and then-owner of the Washington Commanders, Dan Snyder, for $48 million. It appears the initial goal (prior to the drop in price) of the Potomac home sale was to recoup they money spent on the River View home, but did not work out as expected with the house on the market for more than a year before being pulled.

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