Long & Foster® Real Estate Announces Sale of Evermay

Landmark historic estate in Georgetown has new owner

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Jul 19, 2011, 03:49 ET

CHANTILLY, Va., July 19, 2011 /PRNewswire/ -- Long & Foster® Real Estate, Inc., the largest independent residential real estate company in the United States, has announced the sale of the Evermay Estate, a notable historic property located in the Georgetown area of Washington, D.C. The transaction was finalized on Friday, July 15.

The historic landmark property, nearly 220 years old, has been host to presidents, international diplomats, and world-renowned dignitaries. It was offered for sale at $25.9 million.

The seller was represented by Jeanne Livingston and Susan Daves of the Georgetown office of Long & Foster Real Estate, Inc., exclusive affiliate of Christie's International Real Estate.

"It has been a great honor to have represented Evermay, this important national treasure with its provenance and grandeur," Livingston says. "Through the combined marketing power of Long & Foster's Extraordinary Properties and Christie's International Real Estate, we were able to reach a highly successful outcome for our esteemed seller."

This estate, just a year younger than the capital itself, is sited on 3.5 park-like acres in the heart of Georgetown, with commanding views of Rock Creek Park and the Washington Monument.

"The sale of Evermay represents one of the most significant real estate transactions in Washington, D.C., history," notes Gary Scott, president of Long & Foster® Real Estate. "We offer our sincere congratulations to the purchaser of the property, as well as the seller, in the successful transfer of this notable estate."

One of the last remaining private estate home and gardens in Washington, D.C., and known as "Evermay" since the 18th century, the estate stands proudly on the heights of Georgetown, on what was originally part of the "Rock of Dumbarton" land tract. Evermay was the creation of Samuel Davidson, who was a noted 18th century Maryland and Georgetown businessman and international maritime merchant, as well as one of 19 important proprietors of the then-new City of Washington.

For more information, visit www.LongandFoster.com.

About Long & Foster® Real Estate, Inc.

Long & Foster® Real Estate, Inc. is the largest independent residential real estate company in the United States. The company is part of The Long & Foster® Companies, which also includes Prosperity Mortgage® Company; Walker Jackson® Mortgage Corporation; Long & Foster Insurance Agency, Inc.; and Long & Foster Settlement Services. Long & Foster Real Estate, Inc. represents more than 12,000 agents in seven Mid-Atlantic states, plus the District of Columbia. The company sold more than $24 billion worth of homes and helped more than 72,000 people buy and sell homes in 2010. The combined sales and equivalents for the Long & Foster Companies in 2010 were in excess of $47.2 billion. Visit longandfoster.com.

About Long & Foster's Extraordinary Properties®

Long & Foster's Extraordinary Properties is the #1 seller of luxury homes in the Mid-Atlantic region. Specializing in $1 million+ homes, Extraordinary Properties specialists are equipped with global marketing reach, targeting the most qualified buyers through affiliations such as Christie's International Real Estate (in select areas), Luxury Portfolio International™, and Who's Who in Luxury Real Estate. Visit ExtraordinaryProperties.com.