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Sold for $4,500,000
  • $4,500,000

    5545 Potomac Ave NW, Washington, DC 20016

    5beds
    7,261sqft
    Single Family Residence
    Built in 1929
    0.27 Acres Lot
    $4,993,500 Zestimate®
    $620/sqft
    $7,787 Estimated rent

    Home value

    $4,993,500

    $4.54M - $5.59M

    $7,787/mo

    Zestimate® history
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    What's special

    For the first time in decades you have the chance to make 5545 Potomac Avenue your forever home. This majestic home sits prominently on a large (.27 acre) corner lot with a beautifully landscaped yard, boasts striking river views, and has a two-story addition that gives you plenty of space to enjoy life. From the moment you step inside, you’ll appreciate the graciousness and elegance of the large living room with double-hung windows on three sides and ample room to create multiple seating areas, as well as the spacious dining room that is the perfect combination of comfort and formality. There is an additional sitting/reading room or home office, ample natural light and direct garden access. And the garden! It’s spectacular and so private with mature plantings that give you year-round privacy. The added kitchen/family room addition is where you’ll really want to be. The kitchen is set up to accommodate families, large or small-scale entertaining and it offers abundant counter and storage space. There are high ceilings, oversized windows and built-in cabinetry plus a butler’s pantry with additional counter and storage space. The nearby laundry room and powder room complete this level. The upper level has a lovely primary bedroom suite with en-suite bathroom, walk-in closet and ample shelves for the avid reader or collector. And windows where you’ll wake to spectacular river views…the perfect start to any day. In addition, there are three additional bedrooms and two additional baths. The third level has the ideal escape room with an open TV/play area, a quiet and private guest room (or home office) and a full bath. The lower level has room to enjoy a good movie, hang out with friends or take up a new hobby. There is a full bath, lots of storage and a separate entrance. The Palisades location is superb – minutes to Georgetown and downtown DC, easy access to 495, Virginia, Maryland and beyond. Take your pick of areas to shop and enjoy dining out at some delightful nearby popular restaurants – Claudio’s Table, Bistro Aracosia, Et Voila, Black Salt and Lupo Verde Osteria to name a few. The Palisades community with the annual July 4th Parade, the farmer’s market and the local Recreation Community is known for its small town feel in the city. For the outdoor enthusiast, Palisades also offers easy access to the Capital Crescent Trail, the C&O Canal, Palisades Park and Battery Kemble Park. Owning a home like 5545 Potomac Avenue is a once in a generation opportunity. It’s not just a home, it’s a lifetime of happy memories.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Wellde 301-602-1596,

    Washington Fine Properties, LLC

    Bought with:

    Nathan Julian Guggenheim, SP98364671

    Washington Fine Properties, LLC

    Source: Bright MLS,MLS#: DCDC2141398MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 1040
    Heating
    • Radiator, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Exhaust Fan, Ice Maker, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliance(s), Electric Water Heater
    • Laundry: Main Level
    Features
    • Primary Bath(s), Family Room Off Kitchen, Kitchen - Gourmet, Kitchen Island, Walk-In Closet(s)
    • Flooring: Wood
    • Windows: Screens, Storm Window(s), Window Treatments
    • Basement: Finished,Side Entrance
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 7,261
    • Total interior livable area: 7,261 sqft
    • Finished area above ground: 6,221
    • Finished area below ground: 1,040

    Property

    Parking
    • Total spaces: 2
    • Parking features: Built In, Garage Faces Side, Driveway, Attached
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Other
    Features
    • Levels: Four
    • Stories: 4
    • Pool features: None
    • Has view: Yes
    • View description: Trees/Woods, Water, Garden, River
    • Has water view: Yes
    • Water view: Water,River
    Lot
    • Size: 0.27 Acres
    • Features: Urban Land Not Rated
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1449//0102
    • Zoning: R1B
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Other
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washington
    • Subdivision: Palisades

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/15/2024Sold$4,500,000-5.5%$620/sqft
    Source: Bright MLS #DCDC2141398 Report a problem
    7/22/2024Pending sale$4,760,000$656/sqft
    Source: Bright MLS #DCDC2141398 Report a problem
    7/16/2024Contingent$4,760,000$656/sqft
    Source: Bright MLS #DCDC2141398 Report a problem
    5/12/2024Listed for sale$4,760,000+632.3%$656/sqft
    Source: Bright MLS #DCDC2141398 Report a problem
    11/4/1996Sold$650,000$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,451 +4.6%$3,009,970 +2.1%
    2024$24,327 +3.6%$2,949,060 +3.6%
    2023$23,479 +4.2%$2,846,250 +4.3%
    2022$22,529 +1.8%$2,729,220 +1.8%
    2021$22,131 +2.6%$2,680,030 +2.5%
    2020$21,579 +4.1%$2,614,380 +4%
    2018$20,735 +6%$2,512,800 +5.8%
    2017$19,565 +4.8%$2,374,200 +4.7%
    2016$18,671 +0.2%$2,268,300 +0.2%
    2015$18,629 +2.6%$2,263,030 +2.6%
    2014$18,154 +7.5%$2,205,970 +0.4%
    2013$16,891 +9.9%$2,196,360 +0.3%
    2012$15,368 $2,190,410
    2011$15,368 +21%$2,190,410 +1.4%
    2010$12,701 +10%$2,159,930 +3.7%
    2009$11,546 +16.2%$2,081,970 +27%
    2007$9,936 +5.2%$1,639,580
    2006$9,444 -7.5%$1,639,580 +15.1%
    2005$10,213 +12%$1,424,480 +17.6%
    2004$9,118 +12%$1,211,790 +14.8%
    2003$8,141 +25%$1,055,590 +49%
    2002$6,513 +13.4%$708,448 +12.7%
    2001$5,744 $628,337

    Find assessor info on the county website

    Neighborhood: The Palisades

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Key
    • District: District Of Columbia Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,993,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,993,500