Amazon founder and Washington Post owner Jeffrey P. Bezos has bought the former Textile Museum, a 27,000 square-foot property, intending to convert it into a single-family home, reports the Washington Post.
The property sold for $23 million in cash. It is in the same neighborhood as the Obama's new home and the incoming First Daughter's.
Built in 1912, the two connected historic mansions housed the Textile Museum for ninety years until it moved to the George Washington University campus in 2013.
John Russell Pope, architect of the Jefferson Memorial, and Washington architect Waddy Butler Wood, designed the two properties.