A historic mansion set on a hilltop in Northwest Washington, D.C., has hit the market asking $10.5 million after a major renovation.

Called “Owl’s Nest,” the landmarked home was built in 1897 by architect Appleton P. Clark in the Forest Hills neighborhood for journalist and Washington insider William L. Crounse, who founded the National Press Club, according to preservation organization DC Historic Sites.

At the time, Forest Hills was where “wealthy Washingtonians would weekend,” according to listing agent Daniel Heider of TTR Sotheby’s International Realty, who listed the home earlier this month. The hilltop site was the highest ground near D.C. and thus known to attract owls, hence the name, Heider said.

By the time the current owners, developer Chris Donatelli and his wife, Karen, purchased the home on Gates Road NW in 2007, it was in disrepair, but its historic architecture remained largely untouched, according to the Washington Post, which wrote about the renovation in 2013. It had been designated a historic landmark in 2001 amid efforts to tear it down. The Donatellis embarked on a major restoration and expansion project, overseen by George Myers, principal of GTM Architects, and Gibson Builders, according to the listing.

“They did the restoration painstakingly,” Heider said. “They respected the bones, and the lines and the materials.”

The final product doubled the size of the original 19th-century home to its current 10,780 square feet, with eight bedrooms and eight bathrooms. The renovation restored the original wing to its Gilded Age glory, while adding a new wing that allowed for more contemporary living for the Donatelli family, which included four young children at the time, per the Post.

The home’s exterior retains its distinct historic elements, including the stone and shingle facade, a central turret, a covered port cochere, and a stone archway leading to the entrance. On the interior, the original wing includes extensive millwork and wood paneling, a library featuring a barrel-vaulted ceiling, multiple fireplaces, and a stained-glass panel in the doorway depicting the aforementioned owl.

The expansion added a chef’s kitchen with an 11-foot island and a semi-circular breakfast nook, a family room and recreation room to accommodate children, two covered porches and a pool in the backyard. There is also an office that used to be the servants’ quarters, merged into one long room, and plenty of space to entertain, according to Heider.

In keeping with its history as the home of the well-connected, the Donatellis have hosted many high-profile events, including a dinner party with President Barack Obama in 2014, and a birthday party for then-mayor Adrian Fenty shortly after moving in, according to Heider and Spaces magazine, which featured the home in 2009.

Chris Donatelli is the president and CEO of the Bethesda, Maryland-based real estate development firm Donatelli Development, founded by his father, Lou Donatelli. The Donatellis paid $2.69 million for the home in 2007, and moved in a year later.

It’s the perfect home for a diplomat, an ambassador, or global CEO, Heider said.