Luxury Outlook 2023
An ambitious exploration into high-end residential markets across the globe.
Georgetown, the exclusive enclave on the Potomac River in the northwest quadrant of Washington, D.C., is defined by its charming cobblestone streets and its predominantly Federal-style architecture.
Founded in the 1750s during the reign of Britain’s King George II, it retains a great sense of the past due to its preservation laws.
“People love Georgetown because of the historic character of the architecture,” says Russell Firestone, senior vice president of TTR Sotheby’s International Realty. “It’s also a walkable neighborhood. That is a key element of why buyers choose Georgetown. You can walk out your front door to a coffee shop, a grocery store, or a restaurant. It’s also a short walk along the Potomac River to the Kennedy Center to attend events.”
Georgetown’s two sections, East Village and West Village, are divided by Wisconsin Avenue, which along with M Street forms the commercial corridors in the neighborhood.