Billionaire Dan Snyder Seeking $60M for DC-Area Estate With Ties to George Washington

Billionaire Dan Snyder Seeking $60M for DC-Area Estate With Ties to George Washington

Published: June 30, 2024 | By: American Luxury Staff

A grand estate in Alexandria, Virginia with historic ties to George Washington has returned to market, seeking a new owner to steward its storied legacy.

Sitting on 16.5 acres of Washington’s original Mount Vernon holdings, the property provides a glimpse into the first president’s agrarian ideals.

Completed in 2018 and purchased by current custodian Dan Snyder in 2022, the palatial three-level home evokes the Federal style Washington would have known, while incorporating modern amenities. The 8-bed, 12-bath residence boasts intricate details like herringbone marble, groin-vaulted ceilings, and custom woodwork throughout its 16,000 square feet of living space.

Specialty rooms cater to lavish entertaining and relaxation, including a home theater, gym, and resistance pool. But it is the sublime views of the Potomac that set the home apart. Nearly every room provides access to the terraces overlooking the river, creating an idyllic setting for contemplation.

The estate also includes a guest house, carriage house, renovated gardens, and 400 feet of shoreline. Cutting-edge technology integrates security, utilities, and entertainment for seamless management. Significant infrastructure improvements by the seller have stabilized the waterfront.

Listed at $60 million, the home is one of the most exquisite—and pedigreed—estates in the capital region. While Washington himself may no longer survey his farm from its grounds, the majestic mansion still channels the spirit of America’s founding era, awaiting a new chapter in its history.

Snyder’s net worth is around $4.4 billion, per Forbes. Earlier this year, he donated a similarly sumptuous property in the DC area to the American Cancer Society.

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5730 June 30, 2024 Real Estate June 30, 2024