Plank House Yours for Under $30 Million
By February 26, 2018 0 2578•
Kevin, we hardly knew ye. Kevin Plank, CEO of Under Armour, Inc., is removing himself from Georgetown, where he founded his sportswear business in his grandmother’s basement on 35th Street.
The Plank house at 1405 34th St. NW — purchased in 2013 for $7.8 million — is on the market at $29.5 million, the highest price right now for a D.C. residence.
The historic Federal home, built around 1815, includes seven bedrooms, a gym, a small pool, a marble staircase and a man-cave in the basement with a bar and a giant TV. Plank contracted for extensive renovations in and around the property at 34th and O Streets.
Best known as the home of Ambassador David Bruce and his wife, Evangeline Bell, the corner residence was sold to Plank by Debbie Winsor, widow of banker Curtin Winsor III.
Alas, the Planks, who reside in Baltimore, were rarely at home in their Georgetown manse — which was tagged as “Sagamore South.” The place was left to become, more or less, a fancy Airbnb for their best buddies and corporate associates, although the Planks did open up the property to the Georgetown House Tour’s Patrons Party, as well as to the Georgetown Garden Tour.
Earlier in the year, Plank’s Under Armour unloaded its business property at M Street and Wisconsin Avenue for more than $50 million after substantial renovations. The corner famed for Nathans Restaurant, now long closed, will soon open as a Capital One Cafe.
Washington Fine Properties will handle the sale. The listing agents are Nancy Taylor Bubes, Cailin Monahan and Jamie Peva.