Property Description

WORLDBID AUCTION – May 5 noon Starting bid is $50,000 ESTIMATED PROPERTY VALUE RANGE: $135,000 to $175 PRE AUCTION OFFERS DUE NOW THRU April 21st AUCTION BIDS DUE PRIOR TO OR on May 5 th noon ET PRE AUCTION OFFERS • Title Company: Old Republic Title Company • A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding. • Pre auction offers may be submitted on a standard GCAAR purchase contract. Pre Auction offers may have any contingency a buyer requests. • A Pre Auction offer must be submitted no later than April 21. The offer will state the buyer will remove all contingencies no later than April 28 or close escrow by that date. If the Buyer removes contingencies or closes escrow no later than April 28, the auction will be cancelled. • The Pre Auction offer must state the offer includes the Buyer’s Premium of 4%. • No exceptions to the date deadlines will be accepted. • The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable). AUCTION DAY BIDDING • Your Sealed bid must be submitted on the Premiere Estates Sealed Bid auction purchase contract. 1. Qualifying round bids are due on may 5 Noon and must be emailed to Premiere Estates. 2. The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by May 5 at 3:00PM , they are approved to submit their final bid. 3. The bidders, which have qualified to bid in the Final Bid round are due on May 6th noon ET • Both the qualifying and final round bids must be provided on the Premiere Estates Sealed Bid auction purchase contract. • Escrow Shall close no later than June 6, 2026. • Auction day bids are completely non contingent. ------------------------- Welcome to 2800 Wisconsin Ave NW #709, a well-appointed studio residence in the heart of Observatory Circle — one of Northwest DC’s most prestigious, established, and convenient neighborhoods. Built in 1964, this thoughtfully designed unit offers 466 square feet (per tax records) of efficient and comfortable living space, complete with 1 full bathroom and a smart layout that maximizes both function and flexibility. Perched along iconic Wisconsin Avenue, this bright studio is ideal as a low-maintenance primary residence, pied-à-terre, or turnkey investment. The space is designed to live larger than its footprint, offering defined areas for living, dining, and sleeping — all while maintaining an open, airy feel. Currently tenant-occupied with a reliable, strong-paying tenant in place, this property presents immediate income and a seamless investment opportunity in a submarket known for long-term stability and consistent demand. The condo fee offers exceptional value, including Air Conditioning, Common Area Maintenance, Custodial Services Maintenance, Electricity, Exterior Building Maintenance, Gas, Heat, Insurance, and Professional Management — providing true ease of ownership and predictable expenses. Residents also enjoy amenities such as a Concierge, Elevator access, and convenient Laundry Facilities. Located just minutes from Georgetown and surrounded by neighborhood dining, boutique shopping, parks, and major commuter routes, this address delivers both lifestyle and accessibility in one of DC’s most enduring Upper Northwest communities. A rare opportunity to secure built-in income, premier location, and low-maintenance ownership in Observatory Circle.

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