Dan Snyder’s former house in Potomac has finally sold. On Thursday night, at an “end-of-year” sale staged by Concierge Auctions at the Pendry Manhattan West Hotel, an anonymous bidder purchased the estate with a winning bid of $11.84 million. Including a 12 percent buyer’s fee collected by Concierge, the total sales price was $13.26 million. The listing agents were Han Peruzzi and Cara Pearlman of Compass.
Last year, Snyder, the former Commanders’ owner, and his wife, Tanya, a cancer survivor and one-time spokesperson for the NFL’s Crucial Catch campaign, had donated the estate to the American Cancer Society. Snyder earned a tax write-off, and now the society has benefited from the sale.
Snyder had originally purchased the property at 11900 River Road in 2000, offering $8.64 million to the former owners, King Hussein and Queen Noor of Jordan. After assembling six adjacent parcels of land along the Potomac River, he built the 25,000-square-foot French Chateau-inspired manse in 2004, working with architect John Ike, interior designer Geoffrey Bradfield, and Horizon Builders.
He first listed the house privately after deciding to sell, before offering it publicly in 2023 for $49 million. But even after reducing the price to $34.9 million, he got no takers.
Snyder’s former estate was the last of six properties offered for sale at the Manhattan auction, including a 68-acre estate in Stowe, Vermont, and a castle-estate in Dallas built by the owner of the Texas Rangers. Bidding on the River Road property opened at $2.5 million, and quickly escalated to $11 million, before stalling. In the end, it turned into a two-bidder race, both parties submitting their offers by phone. After about 27 minutes of back and forth, the auctioneer finally lowered the gavel.
The lone in-person bidders on the property, a New York couple who lost out, chatted with Washingtonian after the sale. They had conceived of the estate as a second home near some family members in Potomac. “We went to the see the property,” they said, and though the views of the river and the grounds were prime, the house, which has been sitting vacant, needed work—lots of work. Another deterrent: The anticipated maintenance costs. Still, they expected it to sell for between $15 and $20 million, and they couldn’t help but wonder if they had a made a mistake.
“We’re going to regret letting this one go.”
