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$7.95M - Washington Fine Properties Sells Home of Former US Fed Chairman

Mayfair International Realty members, Washington Fine Properties (WFP) is pleased to announce the sale of 2861 Woodland Drive, the former home of William McChesney Martin, Jr. The residence was listed for $7.95 million by Ellen Morrell, Matthew McCormick and Ben Roth of Washington Fine Properties.

William McChesney Martin, Jr. occupied the home with his wife, Cynthia Davis, and their three children. He was the ninth and longest-serving Chairman of the United States Federal Reserve Bank, serving from 1951 to 1970 under five presidents. Martin’s career started with his breakthrough as the first paid President of the New York Stock Exchange in 1938. He went on to become head of the Export-Import Bank, head negotiator for the Treasury, and ultimately the dominant decision maker at the Fed.

Located in the sought after Massachusetts Avenue Heights neighborhood of Washington, D.C., the extraordinary 1929 residence is a perfect example of true Georgian architecture with meticulous renovation. It features intricately detailed crown molding, magnificent millwork, ten foot ceilings and seven bedrooms. The extremely private 12,865 square foot lot includes a front security gate, flagstone terrace, professional landscaping and a deep garden with patios and walkways.

Ellen Morrell, Matthew McCormick and Ben Roth of Washington Fine Properties listed the home, and have been recognized among the Top 100 the Wall Street Journal’s Top 100 Real Estate Agent Teams for seven consecutive years.

For further information please contact:

Lauren Hakim on 703.243.1644 or email lauren.hakim@wfp.com