The influential neighborhood is the home of Georgetown University and a location of many foreign embassies. "The Most Expensive House in Washington D.C. is Under Armour CEO Kevin Plank's Georgetown Mansion". In February, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Georgetowners celebrated the upcoming 2017 Georgetown House Tour Wednesday evening at the home of Under Armour founder and CEO Kevin Plank and his wife D.J. These DC Celebrities Bought and Sold Houses in 2020 washingtonian.com - Marisa M. Kashino. The former Fork Union Military Academy Football Player stated the t-shirt brand in 1996 at the age of 24 but stepped down as the Under Armor CEO due to lagging sales, but he remains its brand chief . Kevin Plank: 1996 from about a mile from where we’re sitting right now, in a little row house in Georgetown on 35th Street. Including Kevin Plank's Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house. Kevin Plank, the founder of Under Armour, has just sold his luxury home in Georgetown. The historic residence, former home of Ambassador David Bruce, has recently undergone a spectacular renovation by the team of Barnes Vanze Architects, … area in 2018 for $29.5 million, the most expensive listing in Washington back then. His grandmother also owned property in Georgetown. The Under Armour CEO has been trying to unload his Georgetown home for more than a year. Baltimore Business Journal reports that the Washingtonian, citing a “well-connected source,” has named Under Armour founder and CEO Kevin Plank as the buyer of 1405 34 th Street NW — “one of the most important houses in Georgetown,” according to Washington Fine Properties, who brokered the sale.. And here’s the thing: he’s trying to sell it for $29.5 million. David Rubenstein: When you started the company, did you ever think you’d build one of the biggest athletic apparel companies in the world? Plank owned another property in Georgetown purchased for $1.5 million in 2011. Kevin Plank, founder of Under Armour Sold in Georgetown for $17,000,000 Plank’s over-the-top mansion on 34th Street, NW, spent two years on the market … A post shared by Kevin Plank (@kevinplank96) This price brought in $17.25 million. Bruce, who, along with his wife, added a grand ballroom to accommodate social engagements held at the house in the … Kevin Plank is the founder of Under Armor, and recently sold his home in Georgetown (a district of Washington, D.C.) for the sum of $17.25 million dollars. While most would say this was below asking, the positive of the sale is that the original investment was $7.85 million in 2013. In early 2018, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. "Under Armour's Kevin Plank gives $16 million to high school alma mater". Food Friday: The ABQ bakeries that rose to the top as reader favorites Kevin Plank's Georgetown home. Does anyone want Kevin Plank’s house? Last week, the listing price for the home was reduced by $5 million to $24.5 million. Town & … Its initial asking price: an eyebrow-raising $29.5 million. Plank always had his entrepreneurial instincts even before he launched Under Armour. (Photo by: Judith Beermann) Fran and Ankie Barnes. He also, apparently, is an extremely accomplished real estate flipper. Retrieved September 26, 2017. At first, the couple were demanding almost thirty million for the house. Plank had his DJ wife had announced the plans to sell the house several weeks ago. Although we know that Kevin Plank lived in another Georgetown home, we have been unable to locate the address or for how much he sold his previous abode. Under Armour Inc. CEO Kevin Plank has put his house in Washington, D.C., back on the market at a 17% discount from when it was listed last year.Plank listed the … Even with a recent price drop, that’s above $2,000 a square foot—almost triple the median price-per-square-foot for a Georgetown abode. Kevin A Plank is Chairman/Chief Brand Ofcr/Founder at Under Armour Inc. See Kevin A Plank's compensation, career history, education, & memberships. The house was later relisted in 1018 for $24.5 million. He attended Georgetown Preparatory School, Fork Union Military Academy, St. John’s College High School & University of Maryland. This home was built in the year 1810. The Plank house at 1405 34th St. NW — purchased in 2013 for $7.8 million — is on the market at $29.5 million, the highest price right now for a D.C. residence. Now, we are getting a better look at the interior. Last week, the listing price for the home was reduced by $5 million to $24.5 million. Kevin Plank, CEO of Under Armour, Inc., is removing himself from Georgetown, where he founded his sportswear business in his grandmother’s basement on 35th Street. He has been an ardent football fan since his childhood & played for Maplewood Maple Leafs. The couple purchased the property about five years ago, for a little less than $8 million. Kevin Plank's Georgetown Mansion Selling For $24.5M: Reports - Georgetown, DC - Under Armour CEO Kevin Plank is selling his $24.5M Georgetown mansion. In early 2018, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Early Career. The Baltimore Sun. Kevin Plank: I never believe we couldn’t do that. Kevin Plank just sold his Georgetown home in Washington D.C. for under its asking price. The most expensive house on the market in washington d c. The under armour ceo has been trying to unload his georgetown home for more than a year. Does anyone want kevin plank s house. 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