DMV

Former Snyder Potomac Estate, Once Listed at $49 Million, Sells at Auction for $13.3M

The Potomac estate formerly owned by Dan and Tanya Snyder has sold at auction for $13.3 million, nearly 36 million less than originally listed for, according to a report by Biz Journals.

The 13-acre riverfront property at 11900 River Road was auctioned Thursday through Concierge Auctions, marking the latest chapter for one of Montgomery County’s most recognizable ultra-luxury homes. The estate had been donated by the Snyders to the American Cancer Society in 2024, with all proceeds from the sale benefiting the organization.

Prior to the auction, the property had undergone multiple price reductions. It was originally listed for $49 million in early 2023, later reduced to $29.9 million, and then cut again in July to $24.9 million. When the auction was announced, expected opening bids were projected to range between $7.5 million and $11.5 million, making the final $13.3 million sale price higher than the anticipated starting range.

Per previous listings, anchored along the Potomac River and surrounded by protected parkland, the French Château-inspired estate spans more than 40,000 square feet across three structures. Designed by architect John Ike with interiors by Geoffrey Bradfield and built by Horizon Builders, the limestone and slate residence is approached via a half-mile tree-lined driveway that opens to sweeping river views.

The main home encompasses roughly 25,000 square feet over four levels and includes coffered ceilings, expansive windows, and imported stonework throughout. The lower level was designed for entertaining, featuring a professional theater, clubroom with full bar, and a restaurant-grade wine cellar. Additional structures include a three-level guesthouse with 11 garage bays capable of converting into an event space, along with a 4,500-square-foot staff residence.

Additional amenities include a commercial chef’s kitchen, elevators, heated pool, backup generator, automated snow-melt systems, and reverse-osmosis water throughout the property. Concierge Auctions previously described the estate as “an extraordinary legacy opportunity,” emphasizing the charitable aspect tied to the sale.

Originally constructed in the early 2000s, the former Snyder estate has long stood as one of the most prominent riverfront properties in Montgomery County. Thursday’s auction closed a high-profile and closely watched sale.

Author