The recent sale of a portion of George Washington's original Mount Vernon estate has set a new record in the D.C.-area real estate market.

The Alexandria, Va., property sold on Oct. 29 for $50 million — $48 million for the home and $2 million for furniture — making it the priciest residential sale ever in the D.C. region, The New York Post reports.

The 16.5-acre property known as the River View Estate, which originally hit the market in Sept. 2020 for $60 million, was listed by Heather Corey of TTR Sotheby’s International Realty.


"It’s the largest privately owned parcel of the original Mount Vernon estate," Corey told Mansion Global of the property.

The estate was previously owned by Robert Stevens, the former chairman and chief executive of Lockheed Martin, and his wife, Michelle. The couple purchased the home in 2014 for $18.6 million. The identity of the new owner has not been revealed, notes Mansion Global.

The property, purchased by Washington in 1760 as part of a 1,800-acre lot, remained in the Washington family's hands until 1859. The home itself was constructed in 2014 by Maryland–based architect Jim Rill, meaning none of the Washingtons ever lived in the stately residence, according to Architectural Digest.

Among the features the American Federal-style home boasts are an indoor resistance pool, 15 seat movie theater and a 2,600-sq. foot guest house.

The remnants of the original Mount Vernon parcel that includes George Washington's home is owned and operated by the Mount Vernon Ladies’ Association, the oldest national historic preservation organization in the United States.