Home News Swedish Government Lists Washington, D.C., Mansion for $19.5 Million, Making It City’s Priciest Listing

Swedish Government Lists Washington, D.C., Mansion for $19.5 Million, Making It City’s Priciest Listing

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The Swedish government has listed the former ambassador’s mansion in Washington DC (a mansion built for the founder of US News & World Report) for $19.5 million.

The nearly 12,200-square-foot home on nearly seven acres is on the list of the most expensive homes in Washington, DC, said Compass listing agent Cara Pearlman, who owns the list with colleague TJ Morton.

The house in the American University Park neighborhood was built for David Lawrence in the 1920s, according to Washington, DC’s Department of Historic Preservation. Lawrence founded the US News newspaper in 1933 and the World Report magazine in 1946. The two companies merged in 1948, according to a US News & World Report spokesperson.

The mansion was purchased by the Swedish government around 1950, and since then 12 Swedish ambassadors have hosted parties, fundraisers and diplomatic conferences at the mansion, said Karin Olofsdotter, the current Swedish ambassador to the United States. Olofsdotter said she lived in the house from 2017 until 2019 and she has hosted celebrities such as Queen Silvia of Sweden and the late Madeleine Albright, former US Secretary of State. .

Olofsdotter, who moved into a residence in the same building as the Swedish embassy in Georgetown, said the Swedish government wanted a modern residence in a central location for the ambassador, so the property was being sold. increase.

“I lived there for two years and started to realize that it was a great property, but for a small country like Sweden the location was too far out of town and busy with lunch and dinner guests. “I couldn’t pull it off,” she said.

The unmarked seven-bedroom home is in need of an estimated $2 million worth of renovations and updates, Perlman said.

David Lawrence, circa 1920s. Library of Congress
The home sits on nearly 7 acres. Cassandra Spicer McKevitt/Cassa Films
Swedish Ambassador Karin Olofsdotter. Yuri Gripus/Abaka/Zuma Press

This house was built by David Lawrence. On the left is a photo of him circa 1920. On the right is Swedish Ambassador Karin Olofsdotter. From left: Library of Congress.Cassandra Spicer McKevitt/Kassa Films; Yuri Gripus/Abaka/Zuma Press

The red-tiled stucco house has two adjoining ballrooms on the first floor, as well as a dining room and commercial kitchen. Most of the bedrooms are on his second floor, he said, with his private living area and his second kitchen used by the ambassador’s family. The home also has 5 fireplaces, 2 solariums, and a library.

Outside, Morton said the property has a greenhouse and a lighted tennis court. The property is particularly large for the neighborhood, and builders are interested in subdividing the land and building on it while preserving the home, he said. Perlman said one study suggests that about 22 single-family homes or about 50 townhomes could be built on the site. Wealthy buyers sometimes buy the property and use it as a residence, Morton said.

“This land is unique,” said Olofsdotter, who said the sloping lawn offers “amazing views” of sunsets and fall foliage.

There were about six home sales over $5 million in Washington, D.C., in the third quarter, down from eight in the third quarter of 2021, according to Compass. The median price of a luxury item rose from $6.6 million to about $6.9 million over the same period, according to Compass.The Jewett House, his circa-1905 mansion in Washington, DC hit the market $14.5 million in October.

write destination Sarah Painter [email protected]

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