A Shaw rowhome just listed for sale may have set the new high mark for asking price in the historic Northwest D.C. neighborhood.
The 3,541-square-foot home at 1522 Eighth St. NW, listed by Compass’s Meredith Margolis, is on the market for $3.3 million. The listing describes the property as “luxury living at its most refined, conceived and executed by celebrated D.C. designer Lori Graham.”
“The luxury needle has moved and it’s pointing at Shaw,” Margolis said in an email.
Shaw has certainly grown more expensive in the last decade, but rarely does an owner seek more than $2 million for a single-family property — the asking prices typically rise fast as you move west into Logan Circle. According to Redfin data, the average list price for a home in the Shaw/Cardozo submarket is $800,000 and the median sale price $752,000.
The four-story home was originally constructed in 1900, but was expanded and renovated in the last couple of years. The owner is listed in public records…
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