Estate of the Day

I would have guessed that the Washington D.C. home belonging to the late Senator Ted Kennedy and his wife Victoria would have sold quickly but it has been on the market since last January with no sale in sight. Now the home's price has been reduced to $6.995 million (when it was first on the market the price wasn't listed but it was expected to be in the $8 million range). The six-bedroom home was purchased in 1998 for $2.775 million and is located in the genteel Kalorama neighborhood. It has a classic facade with a rather White-House-like entrance complete with a columned portico and a hanging lamp over the front door.

The elegant home has a stately feel. The living room has cream colored decor and paintings reflecting the Kennedy love of the ocean. A long sun room has fan windows and a few Kennedy pictures on a table but the room that appeals most is Kennedy's narrow wood-paneled library which features a fireplace. The home includes an eat-in kitchen and a home gym set up with an Endless Pool. Mrs. Kennedy isn't leaving Washington, she has purchased a smaller three bedroom in the area for $1.65 million.