UrbanTurf’s Unique Spaces series takes a look at properties that could be considered “one-of-a-kind” in the DC area. If you have a home that you think fits the bill, send an email to [email protected]. See all of our past Unique Spaces articles here.
UrbanTurf has covered a number of extraordinary residential conversions over the years, everything from a Capitol Hill bank to a Logan Circle garage. This week’s installment may top anything we’ve ever covered, though.
Over the next five years, Printz and Swanson went about transforming the property. The finished product consisted of a sprawling 9,500 square-foot loft on the top two floors, which would serve as their personal residence, with seven loft rentals below.
The owner’s unit at the top of the school consists of a 5,600 square-foot main loft level and another 4,000 square foot floor above that. The main level acts as Printz and Swanson’s home, with a seemingly endless number of enormous former classrooms that now serve as living areas, bedrooms, a restaurant-sized kitchen and an office. On the second level, there are four guest bedrooms and bathrooms, as well as a 14-person movie theater (the seats came from the first class section of an old airplane) and an 800 square-foot roof deck.
The rental lofts below the owner’s unit range from 1,500 to 1,900 square feet in size. Along with two rentals in a house in back of the school, Printz and Swanson bring in a hefty amount of monthly income—somewhere between $2,500 and $2,700 a month per unit. (Printz said the rents have not been raised much since 2005.) The eventual buyer will be required by law to assume the leases of the current renters, but frankly, whoever buys the property likely won’t mind already having renters already in place.
UrbanTurf was given a sneak peek of the Pierce School lofts, so we are not at liberty to reveal the price. But buyers on the hunt for something truly unique can check out the listing when it hits the market later this week.