We know D.C. Get our free newsletter to stay in the know.

Who will love this property? (photo from MLS)

Adrienne Arsht, billionaire banker and donor to many an artsy cause, has decided she doesn’t need a third multimillion-dollar residence in Washington D.C. after all. Last week, she listed a 10-year-old, six-bedroom estate near American University—complete with 12-seat tiered theater, two-story library, 14-car circular driveway, staff quarters, and two reflecting pools—for $7.95 million. It’s a bit of an upgrade; she bought the place last August for only $6.625 million from a couple that had just finished building a house on the Chesapeake. Being a widow in her late 60s, it’s unclear what she’d need all the bedrooms for, besides some serious entertaining.

But no worries! Arsht still has a condo at 1155 23rd Street NW, which she bought last March for $1.9 million (Democratic Senators Harry Reid and Frank Lautenberg also have pieds a terre in the complex). In May, she picked up a 7-bedroom house at 2850 Woodland Drive NW—actually, the deed shows that Bruce Dunnan signed it over to her for $10. And of course, she still has her home base in Miami, a waterfront pad that looks from above like something you’d never want to leave.