Victoria Kennedy Downsizes

Sometimes change is a very good thing. And Victoria Reggie Kennedy (aka "Vicki"), widow of Senator Edward M.Kennedy is undergoing several of them since her husband died in August 2009. In fact, last month, President Obama announced that he is appointing her to be a Member of the Board of Trustees of the John F. Kennedy Center for Performing Arts. And now she's downsizing. Seventy-two hours after Realtor Jim Bell listed the historic 3-bedroom, 3-bathroom Naftalin Estate in Washington DC's Kalorama neighborhood, Kennedy snagged it for $1,650,000 million.

Located on Wyoming Avenue, the 3,150-square-foot home was built in 1959 and originally listed for $3.6 million. The average list price for the area is $2,628,759, but Bell believes that the timing was in Kennedy's favor. "The holidays are actually an excellent time to buy or list luxury real estate," said Bell who announced the sale on December 11. "Over the past several years, we have sold a large volume of luxury real estate properties during the holiday season spanning November 1st through January1st."

In his NPR interview with Kennedy last week, Scott Simon acknowledged that her Washington D.C. manse near Embassy Row was for sale. "It's more warm than grand," he said. "Their furniture is overstuffed and comfortable, but Vicki Kenedy says her husband still loved to sit outside in the sun on their patio, even on cold days, declaring: Isn't this day magnificent?" In fact, her traditional new townhouse is about 75 percent smaller than her current home. Yet Kennedy, an accomplished attorney, who was married to the Senator for 17 years isn't eyeing her late husband's Massachusetts Senate seat. "It was never of interest to me," she offered to Simon. " I felt like that we had Senator Kennedy in our household. Teddy was the senator."
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