They call it billionaire’s row: the leafy stretch of multimillion dollar homes on Woodland Drive in D.C. that the uber-rich looking for urban privacy call home. Now the tony Massachusetts Heights neighborhood can add another famous feather to its top hat.
Wilbur Ross, President-elect Donald Trump’s pick for commerce secretary, and his wife, Hilary, have recently purchased a home on Woodland Drive, the Reliable Source has learned from a person familiar with the sale. The house, a 10,000-square-foot seven-bedroom with a 12-seat movie theater and staff quarters, was formerly owned by philanthropist Adrienne Arsht and was listed for $12 million.
William Moody of Washington Fine Properties was rumored to be Ross’s agent. When contacted about the deal, which was finalized last week, Moody declined to comment. Arsht’s longtime real estate agent Chuck Holzwarth, also of Washington Fine Properties, declined to comment as well.
Perhaps the most interesting factoid about the incoming commerce secretary’s new 1927 Beaux-Arts estate is that is located directly across the street from the home of current Commerce Secretary Penny Pritzker, who also lives on Woodland Drive.
The area is a hot spot for Washington’s megarich because most of the gated homes sit back from the street, providing extra privacy and security in a locale close to the power center of downtown D.C. “It’s the only downtown neighborhood that has a suburban feel,” said one source with knowledge of the neighborhood.