If there are any advisers of President Donald Trump still house hunting in Washington, D.C., former SEC chairman Harvey Pitt has just listed his Colonial Revival mansion in the coveted Kalorama neighborhood for $5.7 million.
Mr. Pitt, the 26th chairman of the U.S. Securities and Exchange commission, serving from 2001 to 2003, and his wife, Saree Ruffin Pitt, bought the stately red-brick home on Wyoming Avenue in 1985, according to property records, which do not disclose the price he paid.
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The 8,200-square-foot house with seven bedrooms and nine-and-a-half bathrooms, is at the center of one of the nation’s most well-connected neighborhoods. It would take Mr. Pitt less than five minutes to walk to the home President Barack Obama bought earlier this year for $8.1 million.
The neighborhood is also home to some of President Donald Trump’s closest advisers. His daughter, Ivanka Trump, and her husband Jared Kushner, are among those that live there. Since Mr. Trump’s inauguration in January, top Trump adviser Kellyanne Conway snapped up a home in Kalorama for nearly $8 million, and Secretary of State Rex Tillerson bought a house there for $5.5 million.
Mr. Pitt, 72, and his wife have lived in the home for 32 years save for 18 months about 15 years ago when the couple tore down “all but two-and-a-half sides of the house, and completely rebuilt it from the ground up,” he told Mansion Global.
The house has its own theater—which Mr. Pitt, a self-described movie-buff has used to watch his some 5,000 DVDs—a wine closet, home gym, pool and patio. The house also has an elevator that came in handy when the couple’s late golden retriever suffered hip problems, Mr. Pitt said.
“We’re not quite ready to rely on the elevator for our own locomotion, but it does make it easy to move heavy luggage when departing for, or returning from, trips,” he quipped.
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The home is listed with Michael Rankin, an agent with TTR Sotheby’s International Realty. Mr. Rankin was not immediately available for comment.
Mr. Pitt, whose tenure as head of the SEC included the scandalous downfall of energy giant Enron, is now the chief executive officer and managing director of consulting firm Kalorama Partners. He and his wife are selling the home as they prepare to downsize, he said.
“We’re empty-nesters, down to our last pet—a rather curmudgeonly cat—and we think it’s getting to be time for us to move to more compact quarters,” he said.