Plank recently stepped down as CEO of Under Armour, though he still works with the company as Brand Chief.With the sale of the Georgetown home, Plank has let go of one the oldest, most storied and most expensive homes in the region. And you won't believe what's inside. Early Career. Ceo kevin plank has sold his georgetown mansion for 17 25 million 29 6 below its asking price. Kevin Plank has lived and worked in the Georgetown neighborhood throughout his lifetime. The home’s former owner was banker Curtin Winsor III. Town & … Kevin Plank Sells Georgetown Home Under Armor’s Founder, Kevin Plank and his wife have finally sold their magnificent Georgetown mansion at a discounted price of $17.25 million. The house was later relisted in 1018 for $24.5 million. While most would say this was below asking, the positive of the sale is that the original investment was $7.85 million in 2013. He also, apparently, is an extremely accomplished real estate flipper. Kevin Plank: I never believe we couldn’t do that. That observation comes courtesy of the news, reported by WBJ, that he is trying to sell the Georgetown mansion he only just bought 2013. David Rubenstein: When you started the company, did you ever think you’d build one of the biggest athletic apparel companies in the world? The couple purchased the property about five years ago, for a little less than $8 million. Its initial asking price: an eyebrow-raising $29.5 million. 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. Kevin A. Plank was born on August 13, 1972, in Kensington, Maryland. The most expensive house on the market in washington d c. The under armour ceo has been trying to unload his georgetown home for more than a year. The former Fork Union Military Academy Football Player stated the t-shirt brand in 1996 at the age of 24 but stepped down as the Under Armor CEO due to lagging sales, but he remains its brand chief . In early 2018, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Now, that home is a little more affordable. Georgetown is positioned in northwest Washington D.C. on the … Food Friday: The ABQ bakeries that rose to the top as reader favorites area in 2018 for $29.5 million, the most expensive listing in Washington back then. At first, the couple were demanding almost thirty million for the house. Georgetowners celebrated the upcoming 2017 Georgetown House Tour Wednesday evening at the home of Under Armour founder and CEO Kevin Plank and his wife D.J. Kevin Plank, CEO of Under Armour, Inc., is removing himself from Georgetown, where he founded his sportswear business in his grandmother’s basement on 35th Street. Does anyone want kevin plank s house. Kevin Plank's Georgetown home. He attended Georgetown Preparatory School, Fork Union Military Academy, St. John’s College High School & University of Maryland. Now, we are getting a better look at the interior. (Desiree Jacqueline). The Under Armour CEO has been trying to unload his Georgetown home for more than a year. In early 2018, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Former Under Armour CEO Kevin Plank has sold his 12,200-square-foot Georgetown mansion for $17.25 million, Katherine Clarke reported for the Wall Street Journal.. Plank … The home has been on the market for more than a year. A post shared by Kevin Plank (@kevinplank96) This price brought in $17.25 million. By UrbanTurf Staff posted March 11th, 2019 on dc.urbanturf.com Kevin Plank's Georgetown home. Kevin Plank just sold his Georgetown home in Washington D.C. for under its asking price. Kevin Plank: 1996 from about a mile from where we’re sitting right now, in a little row house in Georgetown on 35th Street. Kevin Plank is the CEO and founder of the internationally successful athletics brand Under Armour. (Photo by: Judith Beermann) Fran and Ankie Barnes. The businessman together with his wife built the home on 12,000 sq. In February, Under Armour co-founder Kevin Plank privately listed his 12,000 square-foot Georgetown mansion for $29.5 million. Sold: Kevin Plank's Georgetown Mansion The 12,000-square-foot Georgetown mansion at 1405 34th St. NW owned by billionaire Under Armour founder Kevin Plank has sold for $17.25 million. https://www.townandcountrymag.com/leisure/real-estate/a19056146/ He has been an ardent football fan since his childhood & played for Maplewood Maple Leafs. Although we know that Kevin Plank lived in another Georgetown home, we have been unable to locate the address or for how much he sold his previous abode. Plank always had his entrepreneurial instincts even before he launched Under Armour. His grandmother also owned property in Georgetown. This 12,000-square-foot home was put on the market in 2018 by Kevin Plank and his wife DJ Plank. Does anyone want Kevin Plank’s house? Plank owned another property in Georgetown purchased for $1.5 million in 2011. "The Most Expensive House in Washington D.C. is Under Armour CEO Kevin Plank's Georgetown Mansion". "Under Armour's Kevin Plank gives $16 million to high school alma mater". Retrieved September 26, 2017. Kevin plank, founder and chief executive at Under Armour athletic wear association has sold his Georgetown home for 17.25 million dollars. Plank had his DJ wife had announced the plans to sell the house several weeks ago. Kevin Plank's Georgetown home. ↑ Dangremond, Sam (March 2, 2018). Kevin Plank, the founder of Under Armour, has just sold his luxury home in Georgetown. Last week, the listing price for the home was reduced by $5 million to $24.5 million. But previous owners include brighter stars in the D.C. firmament, including former ambassador David K.E. The house is presently owned by Under Armour CEO Kevin Plank and his wife. Kevin A Plank is Chairman/Chief Brand Ofcr/Founder at Under Armour Inc. See Kevin A Plank's compensation, career history, education, & memberships. Including Kevin Plank's Georgetown mansion and an Arlington estate with a Frank Lloyd Wright-designed guest house. The house, according to several publications, was sold at a cost of seventeen million. Kevin Plank and his wife DJ Plank have listed their Georgetown home with Washington Fine Properties for $29.5 million.In 2013 the Under Armour founder and CEO purchased the property for $7.8 million.. Baltimore designer Patrick Sutton and Annapolis-based Pyramid Builders were hired for a major renovation.. Last year, the Planks hosted the annual Patrons' Party for the Georgetown House Tour … The Plank house at 1405 34th St. NW — purchased in 2013 for $7.8 million — is on the market at $29.5 million, the highest price right now for a D.C. residence. And here’s the thing: he’s trying to sell it for $29.5 million. This home was built in the year 1810. View this post on Instagram . Kevin Plank is the founder of Under Armor, and recently sold his home in Georgetown (a district of Washington, D.C.) for the sum of $17.25 million dollars. Kevin Plank, founder of Under Armour Sold in Georgetown for $17,000,000 Plank’s over-the-top mansion on 34th Street, NW, spent two years on the market … Last week, the listing price for the home was reduced by $5 million to $24.5 million. Kevin Plank's Georgetown Mansion Selling For $24.5M: Reports - Georgetown, DC - Under Armour CEO Kevin Plank is selling his $24.5M Georgetown mansion. Several months ago, Kevin Plank managed to sell his prestigious Georgetown house. Bruce, who, along with his wife, added a grand ballroom to accommodate social engagements held at the house in the … These DC Celebrities Bought and Sold Houses in 2020 washingtonian.com - Marisa M. Kashino. Now, that home is a little more affordable. Kevin Plank’s Georgetown mansion sells for $17.25 million August 27, 2020 0 By Stephen Callahan Kevin A. Plank is founder and former CEO of Under Armour, Inc., a company based in Maryland, USA, that specializes in manufacturing footwear and sportswear. The historic residence, former home of Ambassador David Bruce, has recently undergone a spectacular renovation by the team of Barnes Vanze Architects, … Baltimore Business Journal reports that the Washingtonian, citing a “well-connected source,” has named Under Armour founder and CEO Kevin Plank as the buyer of 1405 34 th Street NW — “one of the most important houses in Georgetown,” according to Washington Fine Properties, who brokered the sale.. 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.Plank listed the … The influential neighborhood is the home of Georgetown University and a location of many foreign embassies. The Baltimore Sun. Couldn ’ t do that M. Kashino association has sold his Georgetown home for 17.25 million athletic... Just sold his Georgetown home for 17.25 million sold Houses in 2020 washingtonian.com - M.. 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