You may think Dominique Strauss-Kahn's crime is his alleged inapporpriate treatment of women, but how about this for hubris in home sales? For some weeks now DSK and his wife, Ann Sinclair, have had their 2720 Dumbarton Street home on the market - privately, quietly. Washington Fine Properties realtors have showed it to a select few, but everyone on the block knew it was on the market when the furniture went out the door. Anyway, now the sale is public, plus the $5 million+ price tag. Sure, it's a nice house and I'm told by those who have jumped the fence and played in it that the pool is swell.
Here's the offense: no parking! I repeat: NO PARKING. What's Georgetown real estate come to when a buyer has to pay $5 million to park his/her Mercedes-Jaguar-Range Rover at the curb, get hit with periodic tickets from the grim parking enforcement storm troopers, and drive around endlessly on weekends trying to find even a half-legal space. There should be law! Any home over $5 million should be required to have parking (and a pool)!'
Not so long ago the rule was a Georgetown seller couldn't ask more than $2million without having parking included. Clearly, those days are over.
The DSK home will get sold, the buyer's name will be made public, but there will be this lasting stink: fool's real estate.
On the plus side, if it does sell for the asking price we will know that Georgetown real estate's recent flat period is over.