The Under Armour CEO has been trying to unload his Georgetown home for more than a year. Its initial asking price: an eyebrow-raising $29.5 million. The home has been on the market for more than a year. Early Career. Kevin Plank, the founder of Under Armour, has just sold his luxury home in Georgetown. Plank owned another property in Georgetown purchased for $1.5 million in 2011. Last week, the listing price for the home was reduced by $5 million to $24.5 million. Kevin Plank's Georgetown home. The couple purchased the property about five years ago, for a little less than $8 million. Plank had his DJ wife had announced the plans to sell the house several weeks ago. Sold: Kevin Plank's Georgetown Mansion The 12,000-square-foot Georgetown mansion at 1405 34th St. NW owned by billionaire Under Armour founder Kevin Plank has sold for $17.25 million. And here’s the thing: he’s trying to sell it for $29.5 million. "Under Armour's Kevin Plank gives $16 million to high school alma mater". 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. At first, the couple were demanding almost thirty million for the house. The Baltimore Sun. 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 … The house, according to several publications, was sold at a cost of seventeen million. https://www.townandcountrymag.com/leisure/real-estate/a19056146/ Does anyone want kevin plank s house. Kevin A. Plank was born on August 13, 1972, in Kensington, Maryland. Plank recently stepped down as CEO of Under Armour, though he still works with the company as Brand Chief.With the sale of the Georgetown home, Plank has let go of one the oldest, most storied and most expensive homes in the region. David Rubenstein: When you started the company, did you ever think you’d build one of the biggest athletic apparel companies in the world? 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. "The Most Expensive House in Washington D.C. is Under Armour CEO Kevin Plank's Georgetown Mansion". ↑ Dangremond, Sam (March 2, 2018). area in 2018 for $29.5 million, the most expensive listing in Washington back then. His grandmother also owned property in Georgetown. Now, that home is a little more affordable. Kevin Plank and his wife DJ Plank have listed their Georgetown home with Washington Fine Properties for $29.5 million.In 2013 the Under Armour founder and CEO purchased the property for $7.8 million.. Baltimore designer Patrick Sutton and Annapolis-based Pyramid Builders were hired for a major renovation.. Last year, the Planks hosted the annual Patrons' Party for the Georgetown House Tour … 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. Retrieved September 26, 2017. Several months ago, Kevin Plank managed to sell his prestigious Georgetown house. Plank always had his entrepreneurial instincts even before he launched Under Armour. He also, apparently, is an extremely accomplished real estate flipper. Kevin Plank just sold his Georgetown home in Washington D.C. for under its asking price. Kevin A Plank is Chairman/Chief Brand Ofcr/Founder at Under Armour Inc. See Kevin A Plank's compensation, career history, education, & memberships. 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. This home was built in the year 1810. The house is presently owned by Under Armour CEO Kevin Plank and his wife. Bruce, who, along with his wife, added a grand ballroom to accommodate social engagements held at the house in the … The businessman together with his wife built the home on 12,000 sq. Kevin Plank: 1996 from about a mile from where we’re sitting right now, in a little row house in Georgetown on 35th Street. 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. In February, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. But previous owners include brighter stars in the D.C. firmament, including former ambassador David K.E. The historic residence, former home of Ambassador David Bruce, has recently undergone a spectacular renovation by the team of Barnes Vanze Architects, … Kevin Plank's Georgetown home. 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 plank, founder and chief executive at Under Armour athletic wear association has sold his Georgetown home for 17.25 million dollars. Food Friday: The ABQ bakeries that rose to the top as reader favorites In early 2018, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Now, that home is a little more affordable. The home’s former owner was banker Curtin Winsor III. By UrbanTurf Staff posted March 11th, 2019 on dc.urbanturf.com Kevin Plank's Georgetown home. (Desiree Jacqueline). Now, we are getting a better look at the interior. Ceo kevin plank has sold his georgetown mansion for 17 25 million 29 6 below its asking price. Kevin Plank Sells Georgetown Home Under Armor’s Founder, Kevin Plank and his wife have finally sold their magnificent Georgetown mansion at a discounted price of $17.25 million. This 12,000-square-foot home was put on the market in 2018 by Kevin Plank and his wife DJ Plank. Kevin Plank is the CEO and founder of the internationally successful athletics brand Under Armour. He attended Georgetown Preparatory School, Fork Union Military Academy, St. John’s College High School & University of Maryland. Does anyone want Kevin Plank’s house? 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. The influential neighborhood is the home of Georgetown University and a location of many foreign embassies. 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 … These DC Celebrities Bought and Sold Houses in 2020 washingtonian.com - Marisa M. Kashino. Kevin Plank: I never believe we couldn’t do that. 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. The house was later relisted in 1018 for $24.5 million. He has been an ardent football fan since his childhood & played for Maplewood Maple Leafs. And you won't believe what's inside. Kevin Plank has lived and worked in the Georgetown neighborhood throughout his lifetime. Georgetown is positioned in northwest Washington D.C. on the … Including Kevin Plank's Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house. Kevin Plank’s Georgetown mansion sells for $17.25 million August 27, 2020 0 By Stephen Callahan Kevin A. Plank is founder and former CEO of Under Armour, Inc., a company based in Maryland, USA, that specializes in manufacturing footwear and sportswear. Town & … 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.. That observation comes courtesy of the news, reported by WBJ, that he is trying to sell the Georgetown mansion he only just bought 2013. Former Under Armour CEO Kevin Plank has sold his 12,200-square-foot Georgetown mansion for $17.25 million, Katherine Clarke reported for the Wall Street Journal.. Plank … Last week, the listing price for the home was reduced by $5 million to $24.5 million. View this post on Instagram . 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 . (Photo by: Judith Beermann) Fran and Ankie Barnes. Kevin Plank's Georgetown Mansion Selling For $24.5M: Reports - Georgetown, DC - Under Armour CEO Kevin Plank is selling his $24.5M Georgetown mansion. A post shared by Kevin Plank (@kevinplank96) This price brought in $17.25 million.

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