A 27,256-square-foot chateau in the Washington, D.C., area is headed to a live, on-site auction next month with no reserve.
Most recently asking just under $10.3 million, the nine-bedroom, 13-bathroom homein Potomac, Maryland, will be auctioned by Elite Auctions on June 15. It was first listed for about $10.5 million in August 2016, according to records.
Set on two acres, the four-level home was built in 2009 of brick and cast stone, according to the listing with Long & Foster Real Estate in McLean, Virginia. It has been designed with entertainment in mind, from the grand entryway with dual staircases to the ballroom with room for more than 300 seated guests.
“The ballroom is phenomenal for political functions or any type of event,” according to Randy Haddaway, the CEO and founder of Elite Auctions.
Indeed, the property “has it all,” he said, pointing out its sheer size and scope, as well as its state-of-the-art kitchens, the eight-car garage, pool
“It’s outside the realm of the everyday commute in the D.C. area,” Mr. Haddaway explained. “It’s an escape.”
The estate is also right next to the Congressional Country Club, so guests and residents could get in a round of golf and “literally walk home,” Mr. Haddaway added.
The current owner purchased the property in 2005 for $2.75 million, according to public records. He built the home while his children were still living at home, but they have since gone to college, Mr. Haddaway said. Now the owner is looking to downsize, he added.
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