No-one wants to live like Jackie O: Georgetown mansion where widowed former First Lady lived cuts $1million off asking price - after value of country retreat in Virginia is nearly halved 

  • The federal-style home in Washington DC was put on the market in June with an asking price of $9.75m
  • But the property has failed to sell and has had $1million slashed off the asking price and is now $8.995m 
  • The house was bought by Jackie Kennedy in early 1964 shortly after the assassination of John F. Kennedy
  • The 7,000-square-foot home was built around 1794 and has six bedrooms, in addition to staff quarters 

The Georgetown mansion where Jackie Kennedy lived after her husband's assassination has had its asking price slashed by $1million.

The federal-style home on N Street in Washington DC was put on the market for $9.75million after its owner, former Miss America Yolande Betbeze, died in February.

But despite being up for sale since June, the property has failed to sell and is now being listed for $8.995million.

Jackie Kennedy's former Georgetown mansion where she lived after the death of her husband. It went up for sale in June for $9.75million but has now had $1million slashed off the asking price 

The federal-style home on N Street in Washington DC is on the market after its most recent owner, former Miss America Yolande Betbeze, died in February. Inside the property is seen above

The federal-style home on N Street in Washington DC is on the market after its most recent owner, former Miss America Yolande Betbeze, died in February. Inside the property is seen above

In early 1964, the widowed Mrs Kennedy then bought the home on N Street. The garden in the home is seen above

In early 1964, the widowed Mrs Kennedy then bought the home on N Street. The garden in the home is seen above

A staircase in the home is seen above. The 7,000-square-foot home was built around 1794 and has six bedrooms, in addition to staff quarters

A staircase in the home is seen above. The 7,000-square-foot home was built around 1794 and has six bedrooms, in addition to staff quarters

It comes just weeks after the Kennedy's country pile in Middleburg, Virginia, went on the market for $5.95million - almost half of its asking price when it first went on sale in 2013.

Jackie Kennedy was with her president husband John F. Kennedy in Dallas when he was shot dead by Lee Harvey Oswald in November 1963.

In the weeks after his death, the former First Lady and her two children John Jnr and Caroline, stayed at the White House before moving into a home owned by Averell Harriman, her husband's under secretary of state for political affairs.

In early 1964, the widowed Mrs Kennedy then bought the home on N Street, which is currently up for sale.

A modern installation of the Georgetown home is an elevator, which helps residents get around the three stories. Above a dining room is pictured

A modern installation of the Georgetown home is an elevator, which helps residents get around the three stories. Above a dining room is pictured

The spacious dining room with large windows letting in lots of light is viewed from a different angle

The spacious dining room with large windows letting in lots of light is viewed from a different angle

Mrs Kennedy moving into the property as she holds the hand of her son John Jnr. In early 1964, the widowed Mrs Kennedy then bought the home on N Street, which is currently up for sale

Mrs Kennedy moving into the property as she holds the hand of her son John Jnr. In early 1964, the widowed Mrs Kennedy then bought the home on N Street, which is currently up for sale

Mrs Kennedy moves in the 7,000 square foot home, which was built around 1794 and has six bedrooms, in addition to staff quarters
Mrs Kennedy moves in the 7,000 square foot home, which was built around 1794 and has six bedrooms, in addition to staff quarters

Mrs Kennedy moves in the 7,000 square foot home in 1964. It was built around 1794 and has six bedrooms, in addition to staff quarters

Washington Fine Properties, which marketing the home, says it is almost unchanged since the days the former first lady lived there. The garden is seen above

Washington Fine Properties, which marketing the home, says it is almost unchanged since the days the former first lady lived there. The garden is seen above

The 7,000-square-foot home was built around 1794 and has six bedrooms, in addition to staff quarters.

A modern installation is the home's elevator, which helps residents get around the three stories.

Another feature is the cupola at the top of the house with views of the Potomac River.

However, after just a year in the house, the family decided to relocate to New York City wanting privacy from the press and tourists.

The property was then sold to New Republic publisher Michael Straight.

Mr Straight later lived in the home with his second wife, Nina Auchincloss Steers, who happened to be Mrs Kennedy's stepsister.

In the 1970s, Straight sold the home to Miss Fox, who owned it until earlier this year.

And Washington Fine Properties, which marketing the home, says it is almost unchanged since the days the former first lady lived there.

News of the home comes as the Kennedy's Wexford country retreat is also struggling to raise interest in the property market.

News of the home comes as the Kennedy's Wexford country retreat, pictured, is also struggling to raise interest in the property market

News of the home comes as the Kennedy's Wexford country retreat, pictured, is also struggling to raise interest in the property market

The vacation home was put on sale by its current owners three years ago with an eye-watering $10.995million but now has an asking price of $5.95million

The vacation home was put on sale by its current owners three years ago with an eye-watering $10.995million but now has an asking price of $5.95million

Sadly, the family would only get to spend three weekends together at the house before Kennedy's assassination. Mrs Kennedy would sell the property just a year later

Sadly, the family would only get to spend three weekends together at the house before Kennedy's assassination. Mrs Kennedy would sell the property just a year later

Jackie Kennedy had convinced the late president to build the 166-acre summer retreat in 1962, wanting something more secluded and closer to Washington than their other vacation spot in Hyannis Port, Massachusetts

Jackie Kennedy had convinced the late president to build the 166-acre summer retreat in 1962, wanting something more secluded and closer to Washington than their other vacation spot in Hyannis Port, Massachusetts

The family only got to spend three weekends together at the house before Kennedy's assassination. The grounds are pictured above

The family only got to spend three weekends together at the house before Kennedy's assassination. The grounds are pictured above

The four-bedroom, five-bathroom ranch house sits on 166 acres in the rolling hills of Middleburg, Virginia, and was completed in 1963.

Sadly, the family would only get to spend three weekends together at the house before Kennedy's assassination. Mrs Kennedy would sell the property just a year later.

The vacation home was put on sale by its current owners three years ago with an eye-watering $10.995million price tag. 

Mrs Kennedy and her children riding horse at the 66-acre summer retreat which was intended to be an alternative to Camp David 

Mrs Kennedy and her children riding horse at the 66-acre summer retreat which was intended to be an alternative to Camp David 

But the house failed to sell. Now it's back on sale for nearly half that figure at $5.95million. 

Jackie Kennedy had convinced the late president to build the 166-acre summer retreat in 1962, wanting something more secluded and closer to Washington than their other vacation spot in Hyannis Port, Massachusetts.

They purchased the property from a local farmer for $26,000, and it was intended to be their weekend home and an alternative to Camp David. 

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