Axios D.C.

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Today's newsletter is 842 words — a 3-minute read.

1 big thing: ⚡The top spot for a second home

One person wake boards while another drives the boat.
Wakeboarding in November — not a typo — on the warm side of Lake Anna. Photo: Gerald Martineau/The Washington Post via Getty Images

Under-the-radar Lake Anna, the third-largest lake in Virginia, is the top place in the country to buy a second home according to Vacasa, a vacation rental management company. 

  • Vacasa ranked cities based on their ROI, or return on investment. In Lake Anna, the median sale price is $435,000 and the average annual gross rental revenue over the last 12 months came in at $81,293. 
  • That’s a 12% ROI. 

Why it matters: The vacation community is only two-ish hours away. It's also less packed than its Maryland rival for D.C’s lake crowd, Deep Creek.

Details: Lake Anna has two sides – one is warm because Dominion Energy plants warm the water. Just yesterday lake temperatures reached 87 degrees.

  • But the warm side is strictly residential. 
  • The cool side allows businesses, so visitors can rent boats and dine out more easily.  

Zoom out: Vacasa analyzed real estate data in places with at least 50 Vacasa-managed units and at least 250 units managed by others. 

  • Two OBX towns made the top 25 list. In Corolla (#4), the median sale price is $930,000, and you can bring in $131,121 in annual rental income. 
  • In Nags Head (#17), you’re looking at a median $887,000 price tag and rental income of $85,734.  

Our thought bubble: If you can’t swing buying a home in D.C. – where the median sold price last month was $725,000 – but can handle renting here and buying elsewhere, Lake Anna is tempting. 

What can you get for less than $500k? Here are three homes for sale, all with boat slip access and within walking distance to the lake.

31 Trevor Run, Mineral | $499,950 | 3 bed, 2 bath | 1,627 square feet

  • Sits on just over an acre on the cool side of the lake. Look at those floor-to-ceiling windows. 

536 Paddock Lane, Louisa | $469,900 | 3 bed, 3 bath | 2,449 square feet

  • On the cool side of the lake. Love the open living area and the multiple decks.

74 Eveland Drive, Bumpass | $499,900 | 3 bed, 2.5 bath | 1,928 square feet

  • On the warm side of the lake. Screened in porch ✔️.

2. The ✨other✨ White House

People confuse this with the White House. Read on. Photo courtesy of Bernstein Management Corporation.

In February 2017, a package arrived for President Trump at 1600 Pennsylvania Ave. The only problem? It was addressed to 1600 Pennsylvania Ave Southeast — destined not for the president’s white-columned residence but a five-story red brick apartment building.

Why it matters: This is one of the few instances where “blocks from the White House” actually might mean something.

What’s happening: Bernstein Management Corporation took ownership of the Southeast building in 2017 — the same day the package for Trump arrived.

  • Since then, mail meant for POTUS has shown up several times per week, according to Emily Mooney, director of marketing and communications for Bernstein.

What to do? They got some Secret Service advice on that: return to sender. The other White House protocol.

3. Around the Beltway: 📺 What is audition?

Illustration of a giant panda wearing glasses and looking at a smartphone.
Illustration: Brendan Lynch/Axios
  • A trivia convention is coming to D.C. next month and participants can audition for Jeopardy! You’ll first need to pass the show’s “anytime test," though. (DCist)
  • Georgetown Cupcake is closed until further notice for letting its license lapse. DC Health says inspectors also saw mouse droppings and mold on a container during a July inspection but that those violations have been resolved. (WJLA)
  • D.C. Attorney General Karl Racine has created a $150,000 grant program to help migrants arriving in D.C. from Arizona and Texas. (OAG)
  • The D.C. Public Library’s public safety director has resigned after a retired MPD lieutenant shot and killed a 25-year-old library police officer during a training session at the Anacostia branch. The former officer has been charged with involuntary manslaughter. (Washington Post)
  • New York’s Van Leeuwen Ice Cream is headed this way. Its first two shops will open in Adams Morgan and near Union Market, but not until next year. (Washington Business Journal)

4. 🏘️ Hot homes for sale from $725k

8408 Flower Ave. Photo: courtesy of Marci Wasserman

Your Friday roundup from Axios' Maxwell Millington is here, and this week's edition ranges from a sweet Cape Cod in Takoma Park to a massive David Jameson-designed estate in Kent.

8408 Flower Ave. - $725,000

Why we love it: This Cape Cod-style home has plenty of space to spare with six bedrooms and two porches.

  • Neighborhood: Takoma Park
  • Specs: 6 bedrooms, 3 bathrooms, 1,860 square feet
  • Listed by: Marci Wasserman at Long & Foster Real Estate, Inc.
  • Features: Fireplace, central A/C, hardwood flooring.

See four more homes.

Check out our Job Board

💼 See who’s hiring around the city.

  1. US Media Officer at Global Witness.
  2. Vice President, Assistant General Counsel, Regulatory Affairs at Bank Policy Institute.
  3. Events and Engagement Coordinator at The Maxwell School in Washington DC (Syracuse University).
  4. Government & Legislative Affairs Director at Community Justice Action Fund.
  5. Program Officer - Sri Lanka at International Republican Institute.

Want more opportunities? Check out our Job Board.

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5. 🍽️ Here’s your excuse to eat out next week

People eating at the Georgetown restaurant 1789.
Diners at 1789. Photo: Deb Lindsey/The Washington Post via Getty Images

Summer Restaurant Week starts Monday, and some recent Rammy award winners are participating. Time to work on that bucket list. 

A few options:

Cranes DC (winner of Formal Fine Dining Restaurant of the Year), in Penn Quarter

  • Spanish-Japanese fusion; Michelin-starred
  • $55 five-course dinner 
  • $35 optional beverage pairing 
  • Stand-out dish: ​​Pork belly with red wine sauce, tomato “tartare,” and smoked eggplant 

Unconventional Diner (Splendid Holidays at Home, a people’s choice award), downtown

  • Modern diner food
  • $40 three-course dinner
  • Dirty caesar salad, chicken tinga, and crème brûlée with mango foam are all on the menu.

1789 (2022 Honorary Milestone), in Georgetown

  • Upscale American fare
  • $55 for three courses
  • Think: tomato-watermelon gazpacho and celeriac osso bucco.

Pro tip: Reserve now.

We'll see you back here on Monday! Until then...

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