Massey mansion switches brokerages, relists at $4.9M

river run manor

The 16,000-square-foot River Run Manor was re-listed Feb. 2. (CVRMLS)

The priciest residential listing in the Richmond area is getting new representation after more than three years on the market.

River Run Manor, the 16,000-square-foot mansion owned by members of Richmond’s Massey family, was relisted Feb. 2 by agents from The Steele Group | Sotheby’s International Realty.

Debbie Gibbs, Bo Steele and Katherine Hill are co-listing the 60-acre estate at 2421 River Road West in Goochland, taking over for Joyner Fine Properties’ Richard Bower.

The 30-year-old home, totaling eight bedrooms, nine bathrooms and five half-baths, is listed at $4.9 million – the same price, Gibbs noted, as Bower’s most recent listing.

River Run Manor was built in the mid-1980s by the late William B. Massey, a longtime Richmond coal executive whose grandfather founded A.T. Massey Coal Co., more recently known as Massey Energy.

The estate was listed by Bower in October 2014 at $7.9 million. That asking price was reduced over the years, to $6.8 million in 2015, $5.9 million in 2016 and $4.9 million last March.

Gibbs, whose other active listings include the nearly 10,000-square-foot Rothesay mansion, said the Masseys approached the brokerage about taking on the listing.

She said the listing would receive wide exposure through Sotheby’s international platform, which includes luxury property lists in several major newspapers.

“I think we’ve got to be more global on this piece of property,” said Gibbs, whose recent high-dollar sales have included 4603 Sulgrave Road, a 14,400-square-foot Windsor Farms mansion that sold last February for $3.3 million. “Sotheby’s is far-reaching, so that’s how we’re going about it.”

river run manor foyer

The 30-year-old home totals eight bedrooms and nine bathrooms. (CVRMLS)

Gibbs said they received multiple inquiries since listing the property at the start of this month. She would not say how many or if the inquiries were local or from out-of-town.

Bower did not return a call seeking comment this week.

He has previously said the listing received interest over the years and came close to securing a buyer.

No stranger to high-dollar deals, Bower’s recent sales have included a 7,300-square-foot home in Henrico’s Mooreland Landing that sold in 2016 for $1.49 million. His current listings include 6500 Westham Station Road, priced at $2.39 million, and he represented the buyers of a Monument Avenue home that sold last year for $1.82 million and more than 500 acres in Powhatan that sold for $3.5 million.

“Richard is one of the finest agents in Richmond,” Gibbs said. “I just think (the Masseys) wanted a change in venue, and maybe we can offer some other things to make a difference for them.”

Goochland property records list the owners as William B. Massey Jr., Mark Thomas Massey, Morgan Massey Bartolini and Anne Massey. They are the four children of William B. Massey, who died in March 2014.

Located in Maidens in the eastern part of the county, the property overlooks the James River and Powhatan County across it. The Georgian Revival-style mansion was built by Taylor & Parrish and took more than a half-decade to complete, with construction beginning in 1981 and completed in 1987.

Not only the priciest home on the market, River Run Manor is also one of the largest, with a ballroom that can seat 150, a marble-floored foyer with double curved staircase, and an upper-level terrace overlooking the river. The property also includes a pool, pool house and tennis court.

While the four Massey children look to unload River Run Manor, other branches of the Massey family have been making moves with their fortune of late. The side of the estate historically managed by Ivor Massey Jr. – William B. Massey’s cousin – recently handed oversight of much of its fortune to Norfolk-based Signature Family Wealth Advisors.

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Malcom Massey
Malcom Massey
1 year ago

Interesting article, caught my attention due to shared surname. No direct relation, although my Virginia Massey relatives did go to build railroads in WVA after the Civil War. My relative was the 2nd Lt. Gov. Of VA after that war.