2 months on rocket

5431 Potomac Ave NW, Washington, DC, 20016

$5,150,000

5 Bedrooms
4 Full Baths, 1 Partial
5,357 SqFt
$961/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1979
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #DCDC2154556
Lot Size0.13 Acres
StatusActive
(ACTIVE)

About 5431 Potomac Ave NW

Desirably located in the sought-after Palisades neighborhood, this impeccably renovated residence offers western views across the Potomac River into Virginia. The impressive renovation was done by renowned architect David Jameson with finishes by Lenore Winters Studio, and further enhancements were added by Potomac Valley Builders in 2020. Upon entry, there is a vestibule with a convenient coat closet. Next, the foyer sets the tone for the sophistication that awaits within. It gracefully transitions into the elegant formal living room, complemented with a charming fireplace, exquisite moldings, and French doors opening to a front terrace overlooking the Potomac River. The space is ideal for entertaining with a seamless flow from indoors to outdoors and an interconnectedness of the impressive rooms on the main floor. Steps lead to the attractive formal dining room, featuring pocket doors for added privacy from the neighboring kitchen. The well-appointed gourmet kitchen, which was updated in 2020, is a culinary masterpiece, showcasing marble countertops, a central island, top-of-the-line appliances, and a pantry for added convenience. Adjacent to the kitchen, the breakfast room seamlessly connects to the family room with a fireplace, both enveloped in natural light from floor-to-ceiling windows and French doors leading to the manicured rear grounds and pool. The second level is comprised of two bedrooms, a hall bathroom, and an office/library featuring a fireplace and abundant built-in bookshelves. The primary suite is a haven of luxury, boasting oversized windows framing breathtaking river views, a cozy fireplace, a large elegant dressing room, and two sets of French doors leading to a private balcony. The spa-inspired primary bathroom, also updated in 2020, is an oasis of relaxation, enveloped in marble, featuring soaring ceilings, programmable heated floors, dual vanities, a luxurious shower with multiple shower features, and a separate soaking tub. Ascending to the third floor, two additional bedrooms await, each offering window seats and ample closet space, along with a hall bathroom featuring a frameless glass shower and concealed built-in vanity. The lower level features a media/recreation room with built-ins, discreet space for gym, a temperature-controlled wine cellar, a powder room, and a full guest and/or staff suite with a kitchenette, bathroom, and separate entrance. Additionally, the center stairwell is open from the ground through to the top floor, providing an open connection to all the spaces throughout the home. Outside, the rear exterior is exceptionally private, boasting a sizable pool and outdoor powder room, professional landscaping and hardscaping by landscape architect Gregg Bleam, as well as a covered table seating area, which is ideal for entertaining. The residence is easily accessible to downtown DC and Northern Virginia, as well as neighborhood favorite parks, restaurants, and shops. With its exquisite blend of sophistication, functionality, convenience, and breathtaking views, this home offers an unparalleled lifestyle in one of Washington D.C.'s most coveted neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 1979
  • Living Area: 5,357 SqFt

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 333-1212
  • Listing Agent: Michael W Rankin

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Breakfast Area, Built-Ins, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Walk-in Closet(s), Wine Storage, Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 5431 Potomac Ave NW
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 5431 Potomac Avenue NW - Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,150,000
  • Price Per SqFt: $961/SqFt

Tax Information:

  • Annual Amount: $21,066
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

5431 Potomac Ave NW vs Washington

82 DAYS ON ROCKET

+39 Days

$5,150,000

+$4.4M More

$961/SqFt

+$450 More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $450/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2154556

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 333-1212
  • Listing Agent: Michael W Rankin

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$21,066$2,554,010
2019$20,753$2,516,390
2018$20,440$2,478,070
2017$19,910$2,414,860

History based on county public records data.

Payment Calculator

$25.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-465478
10
/10
  • Key Elementary School

  • 5001 Dana Pl NW

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-465479
9
/10
  • Mann Elementary School

  • 4430 Newark St NW

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-465480
7
/10
  • Taylor Elementary School

  • 2600 N Stuart St

  • 1.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $183,242. The majority of Washington, DC residents have income $200k+ annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5431 Potomac Ave NW

What is the listing price of this property?

The listing price of 5431 Potomac Ave NW property is $5,150,000.

What type of property is this?

The property 5431 Potomac Ave NW is a house located in Washington, District of Columbia, 20016.

Is this property for sale now?

Active Listing: 5431 Potomac Ave NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $21,066 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5431 Potomac Ave NW has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5431 Potomac Ave NW is 5,357 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5431 Potomac Ave NW is 1979.
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Rocket Homes›District of Columbia›Washington›20016›5431 Potomac Ave NW

This home is located at 5431 Potomac Ave NW in Washington, DC and zip code 20016 in the Northwest neighborhood. This 5,357 square foot home, which was built in 1979, sits on a 0.13 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $5,150,000.

While more than 142 listings in Washington, DC in October 2024 were sold above asking price, there were more than 118 listings sold at asking price, and more than 225 were sold below. The inventory of homes for sale in Washington, DC between September 2024 and October 2024 increased by 21.3%. Listings spent 43 days on the market in October 2024, and had a median list price of $672,329 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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