Saudi Royals Buy Historic D.C. Mansion | Toronto News

Saudi Arabia just sold a historic 13,000-square-foot mansion on D.C.’s legendary Millionaires Row for $7.9 million — a record for the street — despite years of neglect and a $9.5 million asking price that deterred many buyers. Built in 1919, the grand estate features soaring ceilings, marble finishes, a ballroom, and pool, and was owned by the Saudi government since 1976. The new owners plan to restore it as their private residence, proving that even dilapidated landmarks with storied pasts can still command top dollar in D.C.’s luxury market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0f783694efcc57ab