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Sotheby's Holdings Incorporated
Price of Phillips' house drops to $28.8 million
Price of Phillips' house drops to $28.8 million

The Friary on the Severn, the palatial Annapolis home of members of the Phillips Seafood family, has dropped in price after a year on the market, according to the property’s listing agent. The 26,000-square-foot home on 23 acres overlooking the Severn River is now listed for $28.8 million by TTR Sotheby's International Realty in Chevy Chase. When it was first put on the market in May 2012, it was priced at $32 million. The home, which used to be a monastery, boasts seven bedrooms, eight bathrooms and 11 fireplaces, according to Sotheby’s. There’s also a nine-car garage, an indoor spa, a 60-foot infinity edge pool and a six-slip private dock with boat lift. Plus,...