By Daily Mail (U.S.) | Created at 2024-11-17 00:56:14 | Updated at 2024-11-17 03:57:13
3 hours ago
Chris Wallace has listed his century-old Washington DC home for $6.4 million days after quitting CNN to become a podcaster.
The outgoing anchor lived in the four-bedroom, five-bathroom 7,000sqft home for the past three decades and is selling just as layoffs loom over the news channel.
Wallace, 77, walked away from his seven-figure contract, days after he co-hosted CNN's election night coverage.
He described leaving his longtime employer as 'quite liberating' and his time at the network will be over at the end of the year.
Although Wallace described the streaming and podcasting space as 'where the action seems to be,' he is not exactly sure where that will take him.
Chris Wallace has listed his century-old Washington DC home for $6.4 million days after quitting CNN to become a podcaster
Wallace lived in the four-bedroom, five-bathroom 7,000sqft home for the past three decades just as layoffs loom over the cable news channel
Designed for elegance, the home also boasts an expansive living room set with a bay window and an 18th-century marble fireplace mantel
Wallace and his wife, Lorraine are moving to their home in Annapolis, Maryland, where she runs a small business supplying fresh produce to local restaurants.
However, they will downsize to a smaller home in DC to stay in where thye are in town.
The couple bought the 1929 Georgian Revival in DC's Kalorama neighborhood for $1.1 million in 1997, months before their wedding.
The historic home features a grand entrance set with classic columns, brick-layered walls panneled inside, thick crowned moldings, and classic archways.
Several formal rooms were used to extertain guests like the late Senator Ted Kennedy, Supreme Court Justice Antonin Scalia and Hollywood star George Clooney.
The entryway to the house on the bottom floor with a staircase heading up to the top, more private level with bedrooms and an office
Another sitting room with a fireplace and gorgeous decor used to entertain Wallace's guests
The couple remodeled the kitchen for Lorraine's culinary creations that went into a cookbook
The couple bought the 1929 Georgian Revival in DC's Kalorama neighborhood for $1.1 million in 1997, months before their wedding
A marble-paneled bathroom is one of five dotted around the 7,000sqft home
Several formal rooms were used to extertain guests like the late Senator Ted Kennedy, Supreme Court Justice Antonin Scalia and Hollywood star George Clooney
Designed for elegance, the home also boasts an expansive living room set with a bay window and an 18th-century marble fireplace mantel.
There is also a gym and guest suite on the bottom floor, and the couple remodeled the kitchen for Lorraine's culinary creations that went into a cookbook.
Wallace was on Fox News before he joined CNN in 2021 to work on its CNN+ streaming service, only for it to be canned before it even began.
He ended up as an anchor on CNN's cable coverage, but said it wasn't what he joined the company to do and it was never a great fit.
Wallace may have jumped before he was pushed if a report claiming he was the first casualty in CNN's layoffs is accurate. He was reportedly offered an analyst role at a reduced salary and decided to walk instead.
The house sale is being handled by Michael Rankin of TTR Sotheby’s International Realty.
A nook in the expansive remodeled kitchen the couple created as one of their very few alterations
The historic home features a grand entrance set with classic columns, brick-layered walls panneled inside, thick crowned moldings, and classic archways
There is also a gym and guest suite on the bottom floor, and this outdoor entertaining space
