Stagwell CEO Mark Penn has quietly floated a Georgetown compound onto the market with a $14.995 million price tag. The multilevel setup pairs a primary residence with a fully integrated guest house, a private courtyard wrapped around a lap pool, and two-car parking, all unusually generous perks for central Georgetown. The listing surfaced this month and instantly joined the neighborhood’s roster of headline-ready luxury properties.
Inside the O Street compound
Listing materials describe roughly 7,200 square feet spread across the main house and guest house. Inside, there are formal living and dining rooms and a chef’s kitchen outfitted with Wolf and Sub-Zero appliances. The home is wired with whole-house audio and automated blinds, keeping the tech as polished as the finishes.
Outside, the focus shifts to entertaining and relaxation. A flagstone courtyard centers on an outdoor kitchen and a lap pool with an automatic cover, while a two-car attached garage includes EV charging. Those details appear in the property’s public listing, as outlined by Redfin.
Price and who’s selling
Mark and Nancy Penn are identified as the sellers, and the ask comes in at $14.995 million. The sale is being handled by Daniel Heider and his team at TTR Sotheby’s, a familiar name in the local high-end market. The pricing and seller information were reported by Washington Business Journal.
How it compares locally
Georgetown has a track record of stitched-together row-house compounds that test how high the local luxury ceiling can go, and buyers of those properties tend to pay a premium for privacy and outdoor space. In 2023, a three-house compound that included Jackie Kennedy’s former home hit the market at $26.5 million, a reminder that combined properties can leapfrog the pricing of single, stand-alone houses. That listing and the broader move toward larger, assembled properties in the neighborhood were covered by Washingtonian.
The seller’s profile
Mark Penn serves as chairman and CEO of Stagwell, a Nasdaq-listed marketing services company, and previously worked as chief strategy officer at Microsoft. He also has a long résumé as a political pollster and strategist. That blend of corporate and political connections tends to draw extra attention whenever a Penn-owned property comes up for sale. Stagwell’s own biography lays out Penn’s current role and career history, as detailed by Stagwell.
What’s next
The Heider team is marketing the compound through TTR Sotheby’s with showings by appointment and targeted outreach to high-net-worth buyers, a standard playbook for near-off-market properties in this price bracket. Anyone seriously eyeing the place will need to go through the listing agent to schedule a private tour or request the full property brochure. Listing and contact details are available on the agent’s property page, per Daniel Heider.
