Does anyone want to live in this faux White House?

By | November 15, 2016
replica of The White House

replica of The White House

It seems not everyone is so keen to own a cheaper imitation of the First Residence

Located across the Potomac from the real White House, this property can be found at 1600 Pennsylvania Ave. in Washington D.C., and there you can see a 12,500 square-foot imitation of the White House.

Jeff Stein, partner at Tranzon Fox’s Va office, reported that a final bid made at an attempted auction back in October was rejected by the owner. The offer was $2.8 million.

He added that they did not get the purchase that they desired as there were only a few buyers within that price range. Together with his partners, Stein will list the property again after the holidays are over.

The six bedroom house was built in two acres of land all the way back in 1989. It boasts a huge portico a lot like the South Portico of the real White House.

For anyone’s information, the real First Residence was built in 1792 and the first president to stay there was President John Adams. The Executive Residence of the White House has only 1 less bedroom compared to the knockoff property which has 5 bedrooms. The real White House has 2 pools, indoor and outdoor.

If the property were to sell at the $3.9 million range, the mortgage would be at $16,677 per month, this includes both insurance and property taxes as well as  a down payment of $780,000 or 20% and acquiring a 3.4% interest rate fixed loan over a 30-year period.

If this replica on Georgetown Pike does not sell, another imitation of the White House can be seen 2 miles away from the McLean area, for $2.8 million. This is located at 1111 Towlston Road. It has 6 bedrooms, 8 bathrooms and an elevator. It is a 14 thousand square-foot property built in 1995 and is anticipating a sale at an auction (foreclosure), this according to Zillow. The property was originally priced at $4.65 million in 2011.