$26 million dollar mansion

The Patterson Mansion at 15 Dupont Circle (map) made headlines last year when it hit the market for $26 million. Now it appears that the buyer of the 36,470 square-foot, 112-year-old manse will turn it into 90 luxury apartments.

Th website District Source is reporting that developer SB-Urban will convert the historic mansion into residences and add a six-story addition. The apartments will be fully-furnished and available for both short and long-term leases.

This is the second plan for the the historic mansion; originally the word was that it would be converted into a boutique hotel, but that plan was essentially nixed by the Historic Preservation Review Board (HPRB) back in October.

When we asked UrbanTurf readers to predict the future owner of such a unique property, 45 percent of you predicted a foreign government or entity and 19 percent predicted a foreign family or individual. In addition to 36,740 square feet, the four-story residence has 16 bedrooms, a ballroom, library, auditorium, as well as an elevator and parking for 10 cars. The mansion was designed by architect Stanford White and served as home to The Washington Club for 60 years.

The proposed project still has to go before the neighborhood ANC as well as back before the HPRB.

More Via http://dc.urbanturf.com/articles/blog/26_million_dupont_mansion_to_become_fully-furnished_apartments/8095