Former Fox News Host Chris Wallace Lists His Longtime DC Mansion for $6.4 Million—2 Months After Surprise Exit From CNN

by Kelsi Karruli

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Former Fox News anchor Chris Wallace has put his longtime Washington, DC, estate on the market for an eye-watering $6.4 million—just two months after the TV legend announced his surprise departure from CNN.

The 77-year-old veteran journalist shocked fans in November 2024 when he revealed he would be stepping away from the news network after just three years, telling viewers at the time that he was “excited” and “liberated” to look for opportunities outside of broadcast media.

And it seems as though Wallace’s seven-figure CNN contract isn’t the only thing he was ready to ditch because he has now listed the stunning mansion that he and his wife, Lorraine, have resided in for nearly three decades, having bought it 28 years ago.

The duo purchased the sizable Georgian Revival property for $1.1 million back in 1997, shortly before tying the knot.

Although Wallace initially listed the 7,000-square-foot home days after he walked out of CNN studios, the property didn’t attract any sellers and was seemingly taken off the market.

Wallace's seven-figure contract isn't the only thing he was ready to ditch as the TV star has now put up the stunning mansion he and his wife, Lorraine, have resided in for nearly three decades.
Chris Wallace has listed his Washington, DC, estate for an eye-watering $6.4 million—just two months after the TV legend announced his surprise departure from CNN.

Realtor.com

Although the legend initially listed the 7,000-square-foot home days after he walked out of CNN studios, the property didn’t attract any sellers and was seemingly taken off the market.

Realtor.com

However, it seems Wallace and his wife are officially ready to bid adieu to DC life and are looking to downsize, relocating full-time to their Annapolis, MD, home, where she runs a small business supplying fresh produce to restaurants in town.

Their historic DC home welcomes guests with a grand entrance that features classic columns and a perfect view of the expansive living area and stunning staircase.

The property boasts four bedrooms and a slew of rooms adorned in chic, striped wallpaper and has been visited by a number of very high-profile guests, including late Sen. Ted Kennedy and Justice Antonin Scalia, as well as Hollywood heavyweight George Clooney.

Wallace’s home, which is listed with real estate agent Michael Rankin, was clearly designed with elegance in mind and boasts many elevated touches. The living room comes complete with a bay window and a gorgeous marble fireplace mantel, lending a cozy and inviting feel to the space.

In addition to its sophisticated style, the property also features a gym and guest suite on the bottom floor. Meanwhile, the kitchen was recently remodeled to create the perfect space for a chef.

The property’s five bathrooms are the epitome of chic luxury, with the master bathroom decked out with a white-and-gray marble counter top and thick crown molding.

“The spa-inspired en-suite bathroom offers a frameless glass shower, a soaking tub, and refined marble finishes,” the listing says of the bathrooms.

Wallace and wife Lorraine (seen in 2006) are asking $6.4 million for the 1929 Georgian Revival property after purchasing it for just $1.1 million back in 1997 before tying the knot.

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However, it looks like Wallace and his wife are officially ready to bid adieu to city life as they are looking to downsize to their Annapolis, MD, home, where his spouse runs a small business supplying fresh produce to restaurants in town.
However, it seems Wallace and his wife are officially ready to bid adieu to city life as they are looking to downsize to their Annapolis, MD, home, where she runs a small business supplying fresh produce to restaurants in town.

Realtor.com

The property boasts four bedrooms and a slew of rooms adorned in chic striped wallpaper, making them the go-to spot for entertaining the most professional residents of DC such as late Senator Ted Kennedy and Justice Antonin Scalia as well as Hollywood heavyweight George Clooney.
The property boasts four bedrooms and a slew of rooms adorned in chic striped wallpaper, making this the go-to spot for entertaining DC’s most professional residents.

Realtor.com

The home’s top floor features 10.5-foot ceilings across 2,250 square feet, giving future residents plenty of space to play around with any potential renovations.

For any potential homebuyers with a penchant for entertaining, the lowest level of the property offers everything one might need to host guests, including a suite created especially for visitors, while the gardens at the property are ideal for hosting soirees.

“This level also offers direct access to the one-car garage with storage. The rear exterior of the property is exceptionally private, perfectly tailored for both relaxation and entertaining,” the description notes. “A flagstone terrace, mature trees, and lush professional landscaping create a serene outdoor retreat. There is also additional surface parking.

“This exquisite Georgian Revival home presents a rare opportunity to own a grand residence in one of Washingtons most desirable neighborhoods. Offering timeless elegance, generous living spaces, and meticulously maintained grounds, this property is truly one of Kaloramas finest residences.”

When Wallace waved a goodbye to CNN, he revealed that he was going to look into the podcast world, adding that cable news was never in his plan.

“CNN was very good to me … but [cable] was never what I signed up for,” he said.

Wallace initially joined the network in 2021 to work on CNN+; however, the platform was canned before it even officially launched, leaving the journalist with no choice but to handle the cable news.

The pro is no doubt a mogul of the industry, with him having secured Fox News’ first interview with former President Barack Obama in 2009. Wallace covered a variety of topics and political events during his 18-year tenure with the company.

Wallace's home, which is being handled by agent Michael Rankin, was no doubt designed for elegance as the living room comes complete with a bay window and a gorgeous marble fireplace mantel as well a stunning outdoor area.
Wallace’s home, which is being handled by agent Michael Rankin, was no doubt designed for elegance as the living room comes complete with a bay window and a gorgeous marble fireplace mantel as well a stunning outdoor area.

Realtor.com

The top floor of the home features 10.5-foot ceilings across 2,250 square feet, giving future residents plenty of space to customize the home.
The top floor of the home features 10.5-foot ceilings across 2,250 square feet, giving future residents plenty of space to customize the home.

Realtor.com

Wallace initially joined the network in 2021 to work on CNN+; however, the platform was canned before it even began, leaving the journalist with no choice but to handle the cable news.

realtor.com

It was here that Wallace really made a name for himself as one of the leading news anchors of the modern era—becoming the first on-air host to land an interview with Donald Trump after he was elected president.

In 2018, he also interviewed Russian leader Vladimir Putin after which Wallace was praised for his hard-hitting questions. He later earned an Emmy Award for Outstanding Live Interview for the on-air discussion.

His decision to step down from the network sparked much speculation about what had prompted the move, speculation that Wallace ultimately addressed in a 2022 interview with The New York Times, in which he confessed that he “no longer felt comfortable with the programming.”

Wallace pointed specifically to discussions inside the network over whether the 2020 election had been “stolen” from Trump and doubts over whether the Jan. 6 riots at the Capitol should be deemed an “insurrection.”

“I’m fine with opinion: conservative opinion, liberal opinion. But when people start to question the truth—who won the 2020 election? Was Jan. 6 an insurrection?—I found that unsustainable,” he told the outlet.

“Some people might have drawn the line earlier, or at a different point,” he added, admitting that he appreciated that some might question why he had not departed the network earlier. “I think Fox has changed over the course of the last year and a half. But I can certainly understand where somebody would say, ‘Gee, you were a slow learner, Chris.’”

At the beginning of his career, Wallace worked as a White House correspondent for NBC, later becoming a Sunday anchor for “NBC Nightly News.”

By 1987 he had transitioned to the moderator of “Meet the Press,” which is where he stayed for a year before heading to ABC as an anchor for “Primetime Thursday” and “Nightline. “

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