The Northern Virginia estate previously owned by late AOL co-founder James Kimsey was originally listed for $62.95 million in 2018, and at the final closing price of $45 million, is now the most expensive sale on record in the D.C. area, surpassing the former record of $43 million in 2018 for the Merrywood childhood home of Jacqueline Kennedy Onassis.
Kimsey, who passed away in 2016, purchased the home in 1999 for about $7.6 million, and in 2000 purchased the Frank Lloyd Wright home that’s adjacent to the property (and was included in the $45 million sale this week) for $2.5 million.
The three-acre estate borders McLean and Arlington, Virginia, on the edge of the Potomac River. The main home, which is a mix of Italianate and contemporary styles, is about 24,500 square feet and contains six bedrooms. The home’s utility for entertaining is reflected in its four kitchens — one of which contains a loading dock for caterers — as well as a 30-car garage, a wine room, an infinity swimming pool and a tennis court.
Upon purchasing the 1950s-era Wright home, Kimsey restored the three-bedroom home and used it for entertaining guests. In 2018, Kimsey’s son, Mark Kimsey, explained to the Wall Street Journal that his father “didn’t want to see someone tear it down.”
In 1995, Kimsey retired as chairman of America Online in order to focus on philanthropy and travel.
Russell Firestone III and Mark Lowham of TTR Sotheby’s International Realty handled the listing.
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