Single Purchaser Pays More than $ 6 Million for Two Adjoining Luxury Condos in Bethesda’s Quarry Springs Community

By merging the units, the residence will span 8,315 square feet


Published:

Quarry Springs

Via 1788 Holdings

The owner of the Quarry Springs community in Bethesda has sold two adjoining condominiums to a single buyer for $6.25 million, billing the transaction as the largest by square footage that the D.C. region has seen in the past decade.

The purchaser plans to merge the two units into one home that encompasses 8,315 square feet, or half the entire top floor of a condo building at 8111 River Road, according to a news release. That’s the most square footage sold in a single condo transaction in the past 10 years across the area, the release stated.

Quarry Springs is an “estate” condo community developed by 1788 Holdings LLC. The 13-acre site on River Road includes two buildings that have a combined total of 50 units, which range in size from 2,200 to 4,500 square feet. So far, 34 of those units have been sold. Residents began moving into the community at 8101 River Road in late September 2015.

The recently purchased units offer a view of the Cabin John Stream Valley and boast five bedrooms with in-suite marble baths, 10-foot ceilings and a “separate staff quarters,” according to the release.

An executive with 1788 Holdings said in a prepared statement that Quarry Springs appeals to residents who are not ready to downsize but are looking for alternatives to a single-family home in suburbia.

“This sales price reflects the tremendous value that has been generated within the community to the benefit of current residents, and demonstrates the momentum that continues to exist among prospective home buyers,” Larry J. Goodwin, the company’s principal, said in the statement.

Bethany Rodgers can be reached at bethany.rodgers@bethesdamagazine.com.

Back to Bethesda Beat

Edit Module
Edit ModuleShow Tags

Archive »Related Articles

Del. Kathleen Dumais Named To Be House Majority Leader in Next General Assembly

Move means she will be the fourth consecutive MoCo legislator to hold the post

Two Women Die in Train Collision in Germantown

Conductor sounded horn and applied brakes, police say

State Reveals Options for Easing Traffic on I-270, Beltway; Metro Union Says Progress Made on Avoiding Strike

News, announcements and other helpful links for Thursday morning

Leggett Says He Intends To Support Elrich for County Executive

He calls Floreen an “extremely qualified" candidate, but says he’s loyal to the Democratic party
Edit ModuleShow Tags Edit Module
Edit Module
Edit ModuleShow Tags Edit Module

Profiles

Your Guides to Leading
Local Professionals

Edit Module
Edit ModuleShow Tags Edit Module

Edit Module