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Tuesday, September 16, 2008

Shrivers’ $11.7M pad up for sale

The Maryland mega manse owned by Peace Corps founder Sargent Shriver and Eunice Kennedy Shriver, who started the Special Olympics, is on the market for $11.78 million.
Well, it is an excellent time to buy!
The Shrivers built the 10-bedroom, Georgian-style home, which sits on seven acres in Potomac, in 1986, and are unloading it because the elderly couple is spending more time in Los Angeles, Miami and Hyannisport.
Their broker, William F.X. Moody, said it’s not unlikely that the estate will sell for close to its asking price since a similar-sized home on their street sold for $10 million in April.
“What this Shriver property has is acreage and privacy,” making it more valuable than the $10 million estate, the broker told the Associated Press. “These prices aren’t as unusual to Washington as they were just a few years ago.”
Apparently, news of the meltdown in the financial markets hasn’t made it to Maryland.
Anyway, the 22-year-old manse has 11 bathrooms and includes staff quarters, a grand foyer with a circular staircase, a 567-square-foot library with a wet bar and a swimming pool.
There’s also an exercise room, where maybe, just maybe, son-in-law, Terminator-turned-Calee-for-neeya Gov. Arnold Schwarzenegger pumped iron! That may be worth a few bucks . . .
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