Beyond MoCo

There is a new record for the most expensive condo ever sold in DC, according to BizJournals. The $11 million sale of Penthouse 2C at 3150 South St. NW, the Ritz-Carlton Residences Georgetown breaks a record set just two months ago by another penthouse… in the same building.

“The Ritz-Carlton penthouse was first listed for $18 million in January 2021, then reduced to $14.5 million about eight months later to better reflect market dynamics.” according to the article. The record-breaking unit belonged to the late philanthropist Michelle Smith, the daughter of late developer Robert H. Smith whom the Maryland School of Business is named for.


Beyond MoCo

Back in November, 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 buy Montgomery County native and owner of the Washington Commanders, Dan Snyder, according to a report by the Washington Business Journal.

The home belonged to the former CEO of Lockheed Martin, Robert Stevens, and was first listed a year ago (October 2020) for $60 million. At the time, listing agent Heather Corey of TTR Sotheby did not name the buyer, but did include that the buyer paid cash for the property (a term that means a loan was not taken out for the purchase).


Potomac

New Washington Wizards guard, Kentavious Caldwell-Pope (KCP), is now a MoCo resident. Biz Journals recently reported that the NBA player bought a home in Potomac for $4.9 million.

According to our real estate expert, Nurit Coombe (The Agency DC), the home, which is located on Newhall Road in Potomac, was originally listed for $5,499,000 and later changed to $4,999,000, before closing at $4,900,000.


MoCo

None of the D.C. area’s top zip codes for homebuyers are in the District, according to a Zillow analysis highlighted in a report by Axios.

They’re all in suburbs and even exurbs of the city, including one in West Virginia. Three of the five can be found right here in MoCo.


MoCo

Real Estate: 10 Most Luxurious Homes and 10 Most Affordable Homes For Sale in MoCo

Our real estate experts, Team Nurit, have put together a list of the “10 Most Luxurious Homes in MoCo” and the “10 Most Affordable Homes in MoCo.”


MoCo

THE AGENCY HAS LANDED IN DC!

The Agency is a full-service real estate brokerage pairing boutique local services with the vast resources of an entire global team. To offer clients a true competitive edge, each agent is empowered by the team’s collective knowledge and international network of over 650 agents across 35+ offices in the US, Canada, Mexico & the Caribbean. Behind the sale of each property, no matter how large or small the transaction, is a world-class sales and marketing team.


Gaithersburg

Construction has recently begun at the former Montgomery Village Golf Course. Monument Realty is in charge of building the planned community that will be known as Bloom Village.  The 150 acre site will consist of townhomes, single-family homes, walking paths, picnic areas, a dog park and an edible garden. The first homes are expected to be ready by Summer 2021.

You can read about how Montgomery Village will be incorporating the new homes in the Village News. Full site plans can be found at BloomMV’s website. Below are some photos of the golf course just weeks before construction began.


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