Dan Snyder bought the most expensive house in regional history??

Anonymous
the previous owner bought it for $9 million./ Leave it to short ol danny boy to overpay
Anonymous
Anonymous wrote:Snyder finally figured out Potomac no longer a ritzy, status place. All of the status and growth in Nova now.


It was never a status to live in Potomac. Almost all gaudy new money houses. Bethesda, Chevy Chase, Georgetown and Upper NW DC are actual status addresses.
Anonymous
Oh no, I hope this doesn’t mean he’ll stay longer.
Anonymous
I assume this is step one on him asking for VA residents to pay for a new stadium. Boo.
Anonymous
This is a case where he knows he overpaid. It's not an investment play by any stretch. If he sells down the road, it will take years to sell. But, unlike Potomac, Northern Virginia has only so many properties of this caliber right on the river that suit his needs. If he was going to build the stadium out in Loudoun, there are more places for him to buy. But he's not. So for along the 95 corridor, this one made the most sense for him. His wife probably wanted to stay closer to the city.
Anonymous
Wow, that's beautiful. I wish them many fond memories and happiness.
Anonymous
Anonymous wrote:the previous owner bought it for $9 million./ Leave it to short ol danny boy to overpay


Well they had it listed for $60 mil so he got a deal.
Anonymous
What I want to know is that the commission on this sale is!
Anonymous
Anonymous wrote:
Anonymous wrote:Snyder finally figured out Potomac no longer a ritzy, status place. All of the status and growth in Nova now.


This. Because of my job, I know a lot of high net worth folks. In terms of the upper, upper bracket, the MoCo exodus is real and I haven’t seen anything like this in my career. The wealthy don’t want to be in Maryland / MoCo any longer and are opting for DC proper, and NoVa.


Virginia has no estate tax. Expect more moves now that these Boomers' kids are growth and they are staring at their mortality.

This is clearly an estate/succession play by Snyder. Plus he definitely wants a subsidized government stadium and Republicans in VA are willing to grab their ankles.
Anonymous
Anonymous wrote:It's very tasteful. I still can't imagine having or spending that much money.


The amount of concrete at the front is tacky. Very tacky.
Anonymous
Anonymous wrote:Snyder finally figured out Potomac no longer a ritzy, status place. All of the status and growth in Nova now.


Good, he can go. Maryland doesn’t want him.
Anonymous
Anonymous wrote:River Farm next door is gorgeous, much larger and Zillow has it valued at $16M. Why is it valued so low?


River Farm is historically protected (limiting redevelopment) and it was subsequently taken off the market due to improved finances at the American Horticultural Society (which owns it).

At least we can count on the American Horticultural Society to keep an eye on the trees...
Anonymous
The thought that Washington use to live on that land while owning other human beings must give Dan the hardest of wood
Anonymous
Anonymous wrote:The thought that Washington use to live on that land while owning other human beings must give Dan the hardest of wood

Yup. Forever a redskin in his heart.
Anonymous
Anonymous wrote:This is a case where he knows he overpaid. It's not an investment play by any stretch. If he sells down the road, it will take years to sell. But, unlike Potomac, Northern Virginia has only so many properties of this caliber right on the river that suit his needs. If he was going to build the stadium out in Loudoun, there are more places for him to buy. But he's not. So for along the 95 corridor, this one made the most sense for him. His wife probably wanted to stay closer to the city.


So do you think the stadium will be in Prince William?
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