The home where Jacqueline Kennedy Onassis spent her teen years has been sold for $43 million to the government of Saudi Arabia.
AOL co-founder Steve Case sold Merrywood, the Northern Virginia estate based in the McLean, Virginia where a 12-year-old Jacqueline Bouvier moved after her mother remarried to Standard Oil heir Hugh D. Auchincloss Jr.
The sale, which closed last week, is the most expensive residential sale on record in the Washington, D.C. The home also set a record when Case bought it for $24.5million in 2005.
According to a Saudi spokeswoman, the government plans to use the residence when Saudi-delegation dignitaries visit the United States.
‘The Saudi government understands the historical significance of the Merrywood home and has tremendous respect for its place in American history,’ the spokeswoman said in a written statement.
Merrywood Estate, the home where Jacqueline Kennedy Onassis spent her teen years, has sold for $43 million
Steve Case, co-founder of AOL, sold the home for $43million. Right: Jackie Kennedy in the White House in 1961
Mr. Case and his wife, Jean, purchased the home on Chain Bridge Road in 2005 for $24.5 million, according to public records.
They listed the home last year for $49.5 million with Mark C. Lowham of TTR Sotheby’s International Realty and Juliana E. May of JLL.
‘We enjoyed living at Merrywood for the past 13 years, and we hope the new owner will appreciate the property as much as we did,’ the couple said in a statement.
Case and his wife decide to sell because they are now empty-nesters and plan to spend more time at their farm in Warrenton, which has served as their weekend home. They also recently bought an apartment in Washington, DC.
Case founded America Online (AOL) in 1991 with programmer Marc Seriff. He served as chairman of AOL Time Warner until stepping down in 2003. He currently works as the chief executive of investment firm Revolution, while his wife Jean is the chairman of the National Geographic Society. Ms. Case is chairman of the National Geographic Society and CEO of the Case Foundation.
The 23,000-square-foot Georgian home, complete with nine bedrooms, sits on seven acres along the banks of the Potomac River, just eight miles from Washington, DC.
A grand staircase in the Merrywood mansion. Among its many rooms are a wine cellar and formal dining room. It offers a variety of settings for large social gatherings and occasions, whatever the weather
Case decided to sell the home because he and his wife have become empty nesters and are moving to the countryside. The couple are now spending more time at their weekend home and an apartment in Washington, DC
Jackie Kennedy moved into Merrywood at the age of 12 when her mother remarried Standard Oil heir Hugh D. Auchincloss Jr.
Jackie spent two years at the home before leaving to attend boarding to school in Connecticut in 1944
Jackie told of her fond memories of her time at Merrywood. ‘I always love it so at Merrywood—so peaceful…with the river and those great steep hills,’ a teenage Jackie wrote in 1944, according to the book ‘Jacqueline Bouvier Kennedy Onassis: A Life’
The Georgian home is 23,000 square feet and includes nine bedrooms
A dining room with chandelier, fireplace and artwork. Jacqueline Kennedy was born in 1929 and became First Lady when her husband JFK was sworn in as president in 1961
The gated estate features rolling lawns, formal gardens, a swimming pool, a tennis court and pavilion with an indoor lap pool, kitchen, gym and changing rooms
A carriage house has room for four cars as well as a security office and staff quarters
Case works is chief executive of investment firm Revolution, while wife Jean is chairman of the National Geographic Society
The home has been renovated but has many original features including elaborate plaster moldings.
There are nine bedrooms including a master suite that includes his-and-her dressing rooms, a study and a gym on the second floor.
The gated estate features rolling lawns, formal gardens, a swimming pool, a tennis court and pavilion with an indoor lap pool, kitchen, gym and changing rooms.
A carriage house has room for four cars as well as a security office and staff quarters.
Jackie Kennedy was born in Southampton, New York in 1929, to Wall Street stockbroker John Vernou Bouvier III and his wife, the socialite Janet Norton Lee.
Jackie’s parents separated in 1936, and divorced four years later.
Her mother remarried to Auchincloss in June 1942. Due to World War II, 12-year-old Jackie was not able to attend the ceremony because travel was restricted.
Jackie’s mother had two children with her first husband, daughters Jackie and Lee
Outdoor seating on the terrace overlooking the estate gardens as trees hang from above
Merrywood’s outdoor pool. But there is also a gym, changing rooms and indoor lap pool too
Above, a view of the Potomac from the home. The home is just eight miles from Washington, DC
But soon after, she and her little sister Lee relocated with their mother to McLean. Auchincloss also had three other children from previous marriages – Hugh III (two years’ Jackie’s senior), Nina (six years younger than Jackie) and Thomas (eight years younger than Jackie).
The couple went on to have two more children – Janet Jennings Auchincloss (1945-1985) and James Lee Auchincloss (born in 1947).
Jackie spent the next two years attending the Holton-Arms School in Washington, DC. But in high school she left DC for Connecticut to attend boarding school at Miss Porter’s in Connecticut.
However, she had fond memories of her years and summers back at Merrywood.
‘I always love it so at Merrywood—so peaceful…with the river and those great steep hills,’ a teenage Jackie wrote in 1944, according to the book ‘Jacqueline Bouvier Kennedy Onassis: A Life’