William G. Nesbitt Sells 2,000-Acre Hume Estate For $18.75M
12410 Cove Lane
20,000 SF
Summary
The most expensive residential property sale in nearly two years across Maryland, Virginia, and D.C. occurred in Hume, Virginia. The property, located at 12410 Cove Lane, spans 2,000 acres at the foothills of the Blue Ridge Mountains. It was sold for $18.75 million, equating to a price per square foot of $938.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $18,750,000
- Address: 12410 Cove Lane
- Market: Hume, VA
- Square Footage: 20,000
- Price Per Square Foot: $938
The deal was facilitated by a team of brokers from Washington Fine Properties. The sellers' representatives were Adam Rackliffe, Christopher Leary, Kathryn Harrell, Micah Smith, and Robert Hryniewicki. Kathryn Harrell, along with HRL Partners, played a significant role in the transaction, representing the seller, William G. Nesbitt. The buyer's identity, however, has not been disclosed.
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