What, No Pool In the Foyer?

Keeping up with the Joneses, 1987 style

For Chip Reid, 39, a partner in the Washington law firm of Covington & Burling, the dream house has become a reality. He and his wife and two young daughters moved into their new home in McLean, Va., last month, just as the first grass began to peep through on their newly seeded front lawn. Their dwelling, though, is more than just a cozy little nest in the suburbs. The Reids' Colonial-style house has 15 rooms, including four bedrooms, a library and an exercise center. Stereo music can be piped into each room, and, using infrared remote-control devices, the family can...