Washington, D.C. has long been synonymous with politics and power—but now, it’s becoming just as known for prime luxury real estate. A new wave of billionaire buyers, from tech giants like Mark Zuckerberg and Jeff Bezos to high-profile political figures and financiers, are acquiring multimillion-dollar estates in D.C.'s most prestigious neighborhoods.
Mark Zuckerberg’s $23 million all-cash purchase in Massachusetts Avenue Heights is just one example of how elite buyers are planting roots near Capitol Hill—not just for convenience, but for influence. The Meta CEO’s five-bedroom architectural estate is blocks from political hubs like the White House and Naval Observatory.
He’s not alone. Jeff Bezos owns the former Textile Museum in Kalorama. Peter Thiel, Eric Schmidt, and Trump ally Howard Lutnick have also secured showstopping properties, each pushing the boundaries of price and prestige. From Georgetown to Foxhall, record-setting deals are turning once-discreet neighborhoods into ultra-luxe enclaves.
The motivation? A mix of proximity to policymaking, legacy-driven investing, and lifestyle elevation. In fact, over half of all recent transactions were all-cash, signaling a confidence in real estate as a long-term, resilient asset class.
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Photo Credits: Anice Hoachlander