Under Armour is scrambling to do damage control amid reports that its chief executive has run the company like a frat house. Leading commentary by award-winning journalists. For more details on our payment terms and how to cancel, click here. 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. "In 1990, we had over 150 community centers around the city. For years, CEO Kevin Plank and … 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. If so please contact customer support at (510) 658-9252, Password Reset Instructions have been sent to. The Plank mansion at … See pricing and listing details of Brea real estate for sale. 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 … 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. We want to hear from you! Get our latest stories in the feed of your favorite networks. “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. The Port Covington restaurant helmed by James Beard Award–winning chef Andrew Carmellini is located at the Sagamore Spirit distillery and will … Under Armour founder Kevin Plank made the investment he saw was needed in the area. 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. Kevin Plank’s latest establishment, Rye Street Tavern, made its debut last night. Sylvester Stallone's La Quinta mansion returns to the market, How Kofi Nartey transitioned from Hollywood actor to real estate mogul, Behold! Get the latest scoop directly in your inbox. The Planks acquired the property over the summer of 2013 for just under $8 million, according to records. Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. 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. Instagram post 2339694198004985531_11594109583. Its initial asking price: an eyebrow-raising $29.5 million. 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. The property also has a pool, a gym, a backyard terrace and a private whiskey cellar. 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. 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. 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 Wood-plank style flooring in kitchen and living areas; Ultra high-speed Internet via AT&T fiber; browse more amenities. Send us a tip using our anonymous form. This 1,691 square foot house sits on a 5,422 square foot lot and features 3 bedrooms and 3 bathrooms. Childhood. It is not Plank’s only recent foray into real estate. WASHINGTON, DC — Under Armour founder and CEO Kevin Plank has reportedly put his Georgetown home back on the market. Simply enter the email address you used to create your account and click "Reset Password". It looks like you’re already a Select Member! Kevin Plank and his wife bought the 65-acre Greenspring Valley Road property for $2.8 million using limited liability company Three Diamond Land … 2021 Events Announced! Does anyone want Kevin Plank ’s house? User promo code onward25 during checkout to save 25% on your Inman Select Membership. Including Kevin Plank's Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house. 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. Instagram post 2338906980586840508_11594109583. Breaking news as it happens. 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. Now Nike and other megabrands are in hot pursuit of Under Armour. The Under Armour CEO has been trying to unload his Georgetown home for more than a year. 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. 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. Sign up for Individual Select membership today. As of June 2014... Kevin Plank's House in Lutherville Timonium, MD - Virtual Globetrotting Back in 2012, the future looked rosy to Under Armour CEO Kevin Plank… 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. 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. Under Armour founder Kevin Plank (Kris Connor/Getty Images) Getty Images. Plank razed the historic Knollwood estate, also known as the "Bunting House" that had been at the site since the late 1880s, to make way for the … 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. Please update your billing information to reactivate your membership. At the time, the listing was the most expensive in the city. Today, we have 42," Plank said. Kevin A. Plank was … Outdoors, the .33-acre lot is lushly landscaped with grassy lawns, evergreen trees and rows of perfectly trimmed boxwoods. 27610 Kevin Pl is a house in Saugus, CA 91350. At that time, the stately 1810-built house offered luxurious but stylistically banal interiors with copious amounts of beige furnishings and dark brown hardwood. Subscribe to Inman Select for Breaking News and Exclusive Industry Content. This property was built in 1989 and last sold on June 05, 2019 for $559,000. Michael Rankin and Lydia Travelstead of Sotheby’s International Realty held the listing; Rankin also repped the buyer. 15 stories covering tech, special reports, video and opinion. Top headlines from around the real estate industry. washingtonian.com PHOTOS: The Most Expensive Homes Sold in Washington in 2020 | Washingtonian (DC) … There are eight bedrooms and a total of 10 bathrooms inside, scattered across three full floors of living space. Thank you for subscribing to Morning Headlines. Under Armour CEO Kevin Plank is defending his company's hometown after President Donald Trump attacked Democrat Elijah Cummings, whose … 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. 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. Picture yourself here View our Floor Plans. Andrew Carmellini. Instagram post 2338215720978027297_11594109583. You will receive additional instructions via email. Copyright © 2021 Penske Business Media, LLC. Since 2013, it's been owned by Under Armour CEO Kevin Plank and … You will be charged . Other luxe spaces includes a large home gym and wine cellar. 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. Get the week's leading headlines delivered straight to your inbox. Kevin Plank, the sportswear company’s founder, sold the Georgetown pied-a-terre after lowering the price from $29.5 million. Under Armour founder and former CEO Kevin Plank just sold his Washington, D.C. home for $17.25 million, the Wall Street Journal reported. Set on one of Georgetown’s many charmingly tree-lined streets, the 12,000 sq. Plank, who is Under Armour's CEO, took the company public 2005; he owns a nearly 16% stake. His net worth is reportedly around $2 billion. ft. structure spans nearly a half-block of prime frontage with a partially ivy-covered exterior. Kellyanne Conway may be keeping a lower profile on TV these days, but she's staying close to the White House. Please contact the parent account holder or Inman customer service @ 1-800-775-4662 customerservice@inman.com. Based on Redfin's Santa Clarita data, we … View 84 homes for sale in Brea, CA at a median listing price of $780,000. Coalesce's Select Membership is no longer active. Most recently, its listings agents were Michael Rankin of TTR Sotheby’s International Realty and Lydia Travelstead of Monument Sotheby’s International Realty. As of June 2014, Forbes estimates his fortune at $2.4 billion. 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. Your subscription will automatically renew for on . 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. 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.. Secure your tickets now. 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 … To subscribe to exclusive newsletters, visit your email preferences in the account settings. 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. 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. The most expensive house on the market in Washington, D.C. comes with some serious history. Forgot your username? Rankin also represented the buyer, whose identity is shielded through an LLC called Priory Holdings Trust. Unique features from hacker profiles to portal watch and video interviews. There seems to be a problem with your Inman Select Membership. All Rights reserved. 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. Kevin Plank With Michael Phelps. 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. 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. Spanning over 12,000 square feet, the Georgetown home is also steeped in American history. Kevin Plank’s improbable hit — a sweat-wicking undershirt — kicked off the fastest-growing category of sportswear. 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. Sotheby’s International Realty | WikiMedia. In 2007 Maryland native Kevin Plank, CEO of Under Armour apparel company, bought the farm with a long-term plan for a major restoration. 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