Billionaire AOL Co-Founder Steve Case Sells DC-Area Home to the Saudi Government for $43M

Billionaire AOL Co-Founder Steve Case Sells DC-Area Home to the Saudi Government for $43M

Published: May 31, 2018 | By: American Luxury Staff

A childhood home of Jacqueline Kennedy Onassis has sold to the Saudi government.

The D.C.-area estate known as Merrywood had, as a most recent owner, AOL co-founder Steve Case, who picked up the 23,000 square foot house on around seven acres in 2005, paying $24.5 million. Case and his wife listed the home about a year ago with an asking price of $49.5 million, selling it this month to the Saudis for $43 million. The sale registered as the highest recorded sale of a residential property in the history of the greater D.C. area.

The Georgian-style house dates to c.1920. The property—which originally extended to encompass nearly fifty acres—is located in McLean, Virginia.

The thirty-six room house has been revised considerably in the past twenty-odd years, with large additions extending its wings, and a pair of new dormer windows on the roof. The interiors are very ornate, with crown moldings, glossy hardwood floors, panoramic wall coverings, and limestone and marble fireplaces.

There are nine bedrooms and thirteen baths all told. In their current iteration, the interiors remain formal, with a dining room designed for dinner parties, a conservatory, and a great room. Oversize windows flood many rooms with light, and enhance an enclosed porch. A pool, pool house, terraces, artfully landscaped grounds, and a patio overlooking the Potomac fill out the property exterior.

   
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