Under Armour Founder and CEO Asks $24.5 Million for Washington, D.C., Home Kevin Plank bought the house in 2013 and embarked on a redesign that includes president-themed bedrooms Under Armour CEO Kevin Plank is defending his company's hometown after President Donald Trump attacked Democrat Elijah Cummings, whose … The property also has a pool, a gym, a backyard terrace and a private whiskey cellar. Kevin Plank and his wife bought the 65-acre Greenspring Valley Road property for $2.8 million using limited liability company Three Diamond Land … "In 1990, we had over 150 community centers around the city. The home’s lower level includes a decadent media/games room with blood orange carpeting and a grey tufted couch that’s serviced by a backlit, Art Deco-inspired bar. 15 stories covering tech, special reports, video and opinion. His net worth is reportedly around $2 billion. Tucked into a shady corner of the lot is a lap-lane pool surrounded by a patio with ample space for several humans looking to enjoy a lazy poolside afternoon. Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. 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. Since 2013, it's been owned by Under Armour CEO Kevin Plank and … Please contact the parent account holder or Inman customer service @ 1-800-775-4662 customerservice@inman.com. Childhood. In 2007 Maryland native Kevin Plank, CEO of Under Armour apparel company, bought the farm with a long-term plan for a major restoration. Equestrian architect, John Blackburn of Blackburn Architects in Washington, D.C. is renovating the farm that includes a historic 90-stall training barn with a … Breaking news as it happens. Get our latest stories in the feed of your favorite networks. Under Armour founder and former CEO Kevin Plank just sold his Washington, D.C. home for $17.25 million, the Wall Street Journal reported. 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. Its initial asking price: an eyebrow-raising $29.5 million. Rankin also represented the buyer, whose identity is shielded through an LLC called Priory Holdings Trust. To subscribe to exclusive newsletters, visit your email preferences in the account settings. Back in 2012, the future looked rosy to Under Armour CEO Kevin Plank… You will receive additional instructions via email. Instagram post 2338215720978027297_11594109583. This 1,691 square foot house sits on a 5,422 square foot lot and features 3 bedrooms and 3 bathrooms. The 200-year-old Federal-style mansion sold for $17.25 million, way under the $29.5 million originally asked but still a huge number for the Georgetown market. There seems to be a problem with your Inman Select Membership. Wood-plank style flooring in kitchen and living areas; Ultra high-speed Internet via AT&T fiber; browse more amenities. Under Armour founder Kevin Plank (Kris Connor/Getty Images) Getty Images. Sotheby’s International Realty | WikiMedia. Plank, who grew up playing football and founded the sportswear company Under Armour in 1996, retired as CEO at the start of this year but still remains its executive chairman. Under Armour chief executive Kevin Plank — who got rocked last year by reports that he had presided over a frat-house culture at the athletic wear giant — … Based on Redfin's Santa Clarita data, we … Plank and his wife, Desiree Guerzon, purchased the pied-a-terre for $7.85 million in 2013 and first listed it in 2018 for $29.5 million — their primary residence is in Maryland, near the sportswear company’s headquarters. As of June 2014, Forbes estimates his fortune at $2.4 billion. Over the next few years, the billionaire couple spent untold millions on a complete renovation of the home, including $1 million alone on the installation of a 22,000-pound marble staircase forged from the same marble that was used in the Thomas Jefferson memorial. 27610 Kevin Pl is a house in Saugus, CA 91350. Outdoors, the .33-acre lot is lushly landscaped with grassy lawns, evergreen trees and rows of perfectly trimmed boxwoods. The Planks acquired the property over the summer of 2013 for just under $8 million, according to records. Different bedrooms are named after American presidents and politicians — the bedroom is called the George Washington Suite — while the home’s 22,000-pound staircase is made from the same marble used to build the Thomas Jefferson Memorial. Leading commentary by award-winning journalists. Copyright © 2021 Penske Business Media, LLC. Coalesce's Select Membership is no longer active. We want to hear from you! Under Armour founder Kevin Plank made the investment he saw was needed in the area. This property was built in 1989 and last sold on June 05, 2019 for $559,000. Forgot your username? Under Armour is scrambling to do damage control amid reports that its chief executive has run the company like a frat house. Sign up for Individual Select membership today. Kevin Plank With Michael Phelps. Under Armour founder unloads Federalist-style DC home for $17.2M, Kevin Plank, the sportswear company's founder, sold the Georgetown pied-a-terre after lowering the price from $29.5M, What you need to know to start your day with all the latest industry developments. Thank you for subscribing to Morning Headlines. Spanning over 12,000 square feet, the Georgetown home is also steeped in American history. Luxury Lens Under Armour founder unloads Federalist-style DC home for $17.2M Kevin Plank, the sportswear company's founder, sold the Georgetown pied-a … It appears the mysterious buyer paid cash, though his or her identity remains cloaked behind something called the Priory Holdings Trust, an enigmatic entity that traces back to a CPA office on the outskirts of Dallas, Texas. Instagram post 2338906980586840508_11594109583. Kevin Plank's House Lutherville Timonium, Maryland (MD), US Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. The vaguely Restoration Hardware-esque kitchen has space for catering large events, with a limousine-sized center island and a full array of restaurant-quality appliances. 20 of the biggest residential real estate sales of 2020 (so far), Sofia Vergara and Joe Manganiello buy Barry Bonds' former estate, Tommy Hilfiger sells Connecticut estate for $45M, just as ex-wife lists hers, Hemsworth brothers sell Malibu home for $4.9M, Luxury senior living platform seeks to hire 1 lucky 'undercover grandma', The Agency adds to its leadership team with high-profile hires. Including Kevin Plank's Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house. Subscribe to Inman Select for Breaking News and Exclusive Industry Content. User promo code onward25 during checkout to save 25% on your Inman Select Membership. The Under Armour CEO has been trying to unload his Georgetown home for more than a year. Your subscription will automatically renew for on . For years, CEO Kevin Plank and … Unique features from hacker profiles to portal watch and video interviews. All Rights reserved. Each of the eight bedrooms includes its own distinct decorative theme; one of them is swaddled in shiny black hardwood, while another has more calming tones of seafoam grey. View 84 homes for sale in Brea, CA at a median listing price of $780,000. The Port Covington restaurant helmed by James Beard Award–winning chef Andrew Carmellini is located at the Sagamore Spirit distillery and will … Send us a tip using our anonymous form. Sylvester Stallone's La Quinta mansion returns to the market, How Kofi Nartey transitioned from Hollywood actor to real estate mogul, Behold! The Federalist-style brick house, which has seven bedrooms and is located in the historic and prestigious neighborhood of Georgetown, is around 200 years old. Michael Rankin and Lydia Travelstead of Sotheby’s International Realty held the listing; Rankin also repped the buyer. Andrew Carmellini. Kevin A. Plank was … Today, we have 42," Plank said. It is not Plank’s only recent foray into real estate. A baronial living room offers floor-to-ceiling windows and a coffered ceiling with grey lacquer insets, while formal sitting and dining rooms have more intimate spaces with large fireplaces and comfy chairs. As of June 2014... Kevin Plank's House in Lutherville Timonium, MD - Virtual Globetrotting Now Nike and other megabrands are in hot pursuit of Under Armour. Simply enter the email address you used to create your account and click "Reset Password". Under Armour CEO Kevin Plank had a close relationship with MSNBC anchor Stephanie Ruhle that some deemed to be "problematic," The Wall Street Journal reported Thursday.. There are eight bedrooms and a total of 10 bathrooms inside, scattered across three full floors of living space. washingtonian.com PHOTOS: The Most Expensive Homes Sold in Washington in 2020 | Washingtonian (DC) Does anyone want Kevin Plank ’s house? See pricing and listing details of Brea real estate for sale. Kevin Plank, the sportswear company’s founder, sold the Georgetown pied-a-terre after lowering the price from $29.5 million. Kevin Plank’s improbable hit — a sweat-wicking undershirt — kicked off the fastest-growing category of sportswear. Every room was worked over with designer-quality furnishings and finishes, and the project was overseen Baltimore-based designer Patrick Sutton and Pyramid Builders of Annapolis. Plank is also currently building a 4 million-square-foot headquarters for Under Armour in Baltimore as part of the redevelopment of the city's Port Covington neighborhood. … Other luxe spaces includes a large home gym and wine cellar. Secure your tickets now. Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more, If you created your account with Google or Facebook. Most recently, its listings agents were Michael Rankin of TTR Sotheby’s International Realty and Lydia Travelstead of Monument Sotheby’s International Realty. Kevin Plank’s latest establishment, Rye Street Tavern, made its debut last night. Get the week's leading headlines delivered straight to your inbox. WASHINGTON, DC — Under Armour founder and CEO Kevin Plank has reportedly put his Georgetown home back on the market. “Kevin’s acquisition of this land has ensured that it will remain open and rural forever, and the house will occupy only a small percentage of the site and will be largely out of view, thanks to the many trees on the property to which they have added a good number,” Geddes said. Kevin Plank, Under Armour’s charismatic founder and recently departed CEO, and his wife Desiree (née Guerzon) have finally unloaded their sophisticated Washington, D.C. home — albeit with a steep price concession. 2021 Events Announced! Plank, who is Under Armour's CEO, took the company public 2005; he owns a nearly 16% stake. At that time, the stately 1810-built house offered luxurious but stylistically banal interiors with copious amounts of beige furnishings and dark brown hardwood. For more details on our payment terms and how to cancel, click here. Please update your billing information to reactivate your membership. Instagram post 2339694198004985531_11594109583. The most expensive house on the market in Washington, D.C. comes with some serious history. If so please contact customer support at (510) 658-9252, Password Reset Instructions have been sent to. Set on one of Georgetown’s many charmingly tree-lined streets, the 12,000 sq. Get the latest scoop directly in your inbox. At the time, the listing was the most expensive in the city. 12,000 square feet, 8 bedrooms, 10 bathrooms, YouTuber Trisha Paytas, Moses Hacmon Buy Striking Westlake Village Mansion, LeBron James’ Business Partner Maverick Carter Scores Santa Monica Mansion, YouTuber Phil DeFranco Sells to ‘The Walking Dead’ Writer LaToya Morgan, the installation of a 22,000-pound marble staircase, Curious Cribs: Splash Into This Edward Durell Stone-Designed Long Island Masterpiece, Unity CEO John Riccitiello Buys $32 Million Montecito Estate, Designer Eva Chow’s Art-Filled Megamansion Seeks $65 Million, Tommy Hilfiger Seeks $47.5 Million for Baronial Greenwich Compound, Tommy Hilfiger’s Eclectic Miami Retreat Seeks $24.5 Million. You will be charged . Through his Cupid Foundation, Plank donated $5 million to help create the UA House at Fayette, an East Baltimore community center run by Living Classrooms. Size 12,000 square feet, 8 bedrooms, 10 bathrooms Kevin Plank, Under Armour’s charismatic founder and recently departed CEO, and his wife Desiree (née Guerzon) have finally unloaded their sophisticated Washington, D.C. home — albeit with a steep price concession. Plank has recently purchased fitness, health & calorie counting apps and has this goal to come up with the best online health platform in the world – that would rival Apple, Google, Fitbit & Jawbone. The Plank mansion at … The master keeps things simple and chic with pure white walls, medium-brown hardwood floors and a marble fireplace, while the adjoining bathroom sports a steam shower and separate soaking tub. ft. structure spans nearly a half-block of prime frontage with a partially ivy-covered exterior. It looks like you’re already a Select Member! Kellyanne Conway may be keeping a lower profile on TV these days, but she's staying close to the White House. Top headlines from around the real estate industry. 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