Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I want to see the inside!!

Something tells me the inside needs to be gutted.

With a stone exterior, I'm guessing re-doing the interior is possible. I wouldn't be surprised if this goes to someone who understands maximizing tax credits for things like historic preservation, etc.

I think its going to go to someone with a bulldozer strong enough to push that thing over.

This is a land play. Would be surprised if the house stays. Its way to small to have value.

PP here. Yeah, I agree as I see more of this. House is unique, but not super special. Land here is more of an anomaly.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I want to see the inside!!

Something tells me the inside needs to be gutted.

With a stone exterior, I'm guessing re-doing the interior is possible. I wouldn't be surprised if this goes to someone who understands maximizing tax credits for things like historic preservation, etc.

I think its going to go to someone with a bulldozer strong enough to push that thing over.

This is a land play. Would be surprised if the house stays. Its way to small to have value.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:An uninhabitable mansion for $2.9M?

It’s very cool but to rehab would take so much money and patience.

Nearly 5 acres inside the Beltway. Wonder if you could build multiple homes there.

The listing comments seem to indicate that Park & Planning has approved nine additional homes.

Thanks. As I read that, I'm not sure 9 homes is a definite number, but more like an upper limit. 9 lots in that area for $2.9M seems like a steal to me. But if it's a roll of the dice on say, 3-9 homes, or even more pointedly, 1-9 homes, the $2.9M seems more like an optimistic starting point for negotiations on a complex property.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I want to see the inside!!

Something tells me the inside needs to be gutted.

With a stone exterior, I'm guessing re-doing the interior is possible. I wouldn't be surprised if this goes to someone who understands maximizing tax credits for things like historic preservation, etc.

Those are not in the proposed new tax plans.

???

Real estate is the classic example of an asset where savy insiders understand how to get the public (aka 'the government') to foot as much of the bill as possible: it's hard for less savy folks to compete with them. My feeling is that it is much more likely that a savy buyer with plans most people would never imagine will buy this than someone garden variety high-end home buyer.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There's a similar house nearby and went on the market last year: the Baltzley castle.

The cost over-runs were enormous for the developer and caused the couple to get divorced. But the resulting product was incredible.

That is so sad, they looked so happy together in the original article.

What a stupid reason to separate.

There are many couples who divorce during a major renovation of a house or building one! My parents knew a few.

What makes renovating and building homes so stressful? Local builder Jim Gibson just took his own life.

He was a depressed older white male and fell into a statistic of suicide at that age. His suicide had nothing to do with his chosen profession.

I have my doubts about your take, PP. Money in housing is made by being cynical and taking advantage of what buyer's don't know. People who get romantically involved with interesting houses have some of the biggest trouble seeing housing that cynical way. The tension here is enormous. The Baltzley Castle folks were clearly living for big dreams and not doing a hard-edged flip, the kind of house that makes $$$. I don't know the Gibson case all that well, but as builder with a reputation for quality, I would not be surprised if his work with homes caused him some strain.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:An uninhabitable mansion for $2.9M?

It’s very cool but to rehab would take so much money and patience.

Nearly 5 acres inside the Beltway. Wonder if you could build multiple homes there.

The listing comments seem to indicate that Park & Planning has approved nine additional homes.

Ha good luck with that. They talked about turning glen echo which was a run down pit into a few condos and they got the area turned into a federal park complete with rangers and restoration. Think about that for a second

You think they will let 9 mcmansions slip through?

Anonymous wrote:ok, now I totally want to know the story on this one.

30 years ago it used to belong to a surgeon, one night while he was out celebrating with his family he was called to the hospital to perform an emergency operation. His family crashed into a tree on the way home and died. Later they caught him taking body parts from the morgue to rebuild his lost family. With him in a mental hospital his creation left half finished was unable to leave this world and join the dead or remain and live like mortals. So every halloween they go out amongst the trick or treaters and choose one who looks like they do and follow them home. And when they get to sleep they take them back to their house where the doctor can do his work. And every year they get more and more realisitc.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There's a similar house nearby and went on the market last year: the Baltzley castle.

The cost over-runs were enormous for the developer and caused the couple to get divorced. But the resulting product was incredible.

That is so sad, they looked so happy together in the original article.

What a stupid reason to separate.

There are many couples who divorce during a major renovation of a house or building one! My parents knew a few.

What makes renovating and building homes so stressful? Local builder Jim Gibson just took his own life.

He was a depressed older white male and fell into a statistic of suicide at that age. His suicide had nothing to do with his chosen profession.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I want to see the inside!!

Something tells me the inside needs to be gutted.

With a stone exterior, I'm guessing re-doing the interior is possible. I wouldn't be surprised if this goes to someone who understands maximizing tax credits for things like historic preservation, etc.

Those are not in the proposed new tax plans.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There's a similar house nearby and went on the market last year: the Baltzley castle.

The cost over-runs were enormous for the developer and caused the couple to get divorced. But the resulting product was incredible.

That is so sad, they looked so happy together in the original article.

What a stupid reason to separate.

Really? I think money is the reason that the majority of couples separate.

Anonymous wrote:

Anonymous wrote:An uninhabitable mansion for $2.9M?

It’s very cool but to rehab would take so much money and patience.

Nearly 5 acres inside the Beltway. Wonder if you could build multiple homes there.

The listing comments seem to indicate that Park & Planning has approved nine additional homes.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:An uninhabitable mansion for $2.9M?

It’s very cool but to rehab would take so much money and patience.

Nearly 5 acres inside the Beltway. Wonder if you could build multiple homes there.

And you could please the "Whitman, Langley, or Busy" troll!

the 5 acres are on a hill and protected for even clearing. If buildable it would be over 10 million

Hmm, so only if, like that place on Mohican just above Macarthur, you built something really high end and even then only one place was allowed? If I've got that correct, than the $2.9 seems high, as others have suggested.

Anonymous wrote:

Anonymous wrote:An uninhabitable mansion for $2.9M?

It’s very cool but to rehab would take so much money and patience.

Nearly 5 acres inside the Beltway. Wonder if you could build multiple homes there.

And you could please the "Whitman, Langley, or Busy" troll!

the 5 acres are on a hill and protected for even clearing. If buildable it would be over 10 million

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There's a similar house nearby and went on the market last year: the Baltzley castle.

The cost over-runs were enormous for the developer and caused the couple to get divorced. But the resulting product was incredible.

That is so sad, they looked so happy together in the original article.

What a stupid reason to separate.

There are many couples who divorce during a major renovation of a house or building one! My parents knew a few.

What makes renovating and building homes so stressful? Local builder Jim Gibson just took his own life.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There's a similar house nearby and went on the market last year: the Baltzley castle.

The cost over-runs were enormous for the developer and caused the couple to get divorced. But the resulting product was incredible.

That is so sad, they looked so happy together in the original article.

What a stupid reason to separate.

There are many couples who divorce during a major renovation of a house or building one! My parents knew a few.