Virginia Mega-mansion Inflates Amidst Sagging Housing Bubble
By Joe Wertz
Contrary to the downward arc traced by much of the country’s real estate market right now, the 16,000-square-foot estate on Basil road in McLean, Va., looks likely to fetch slightly less than double what it sold for just four years ago. The house was purchased for $8,727,327 in 2005, then the most expensive non-waterfront property in the area, and recently reemerged on the market for $17,777,777. The 3.5-acre complex has elaborate gardens, an indoor tennis court and a separate staff residence. The Colonial-style main house was built in 1999 and hosts a wine cellar, music room and home theater, wood-paneled library and a rec room for the kids. [via luxist]
