Pending: Jackie House Compound on N St. Closes at Auction for $15.1 Million
By November 2, 2023 0 905•
Georgetown addresses at the former home of Jackie Kennedy in Georgetown — at 3003, 3009, 3017 N St. NW — were auctioned for roughly $15.1 million after originally hitting the market for $26.5 million in March.
Because of a few misleading reports (including its own) early this week, The Georgetowner sought clarification from TTR Sotheby’s International Realty and Sotheby’s Concierge Auctions.
The winning buyer toured the N Street properties with listing agent Jonathan Taylor of TTR Sotheby’s International Realty on the Monday before the final, live portion of the auction on Tuesday, Oct. 24. During his conversation with The Georgetowner, Taylor added that he could not legally disclose the name of the buyer.
Sotheby’s Concierge Auctions announced midweek that “the Newton Baker House — a magnificent compound in the heart of Georgetown and steeped with history by previous owners, including first lady Jacqueline Kennedy, Newton Baker and more — is now pending sale after a fiercely competitive auction.”
The starting bid began at $9.25 million, and the hammer came down at $15.1 million, the last recorded price.
“The sale price reached over $15 million, achieving 87 percent of the previous list price after just 49 days of global exposure,” according to an auction spokesperson. “Across the six bidders, 19 total bids were placed for an aggregate of over $212 million in total bids, with a 163-percent increase from the average starting bid to the final sale price. 84 percent of all bids were placed after the auction opened online at ConciergeAuctions.com, which allowed buyers to bid digitally from anywhere in the world.”
“I can attest that working with Sotheby’s Concierge Auctions is an extremely expedited way to achieve true market value for the world’s finest luxury real estate, as we did today for the Newton Baker House,” Taylor said in a statement. “I’m pleased to have partnered with their team on the sale of this iconic piece of Georgetown history.”
After President John Kennedy was assassinated in November 1963, former first lady Jackie Kennedy lived for a short time at the home before moving to New York in 1964.
The residential compound stretches across three historic homes, connected seamlessly, forming a unique 13-bedroom, 16,000-square-foot estate. The Newton Baker House, a grand Federal-style residence at 3017 N St. NW, forms the heart of the estate, with other homes at 3003 and 3007 N St. NW. While filled with stories of previous owners and notable figures, including Jacqueline Kennedy, Newton Baker, Yolande Fox and Thomas Beall, the property also includes a three-car garage, a true rarity in this historic neighborhood.