Valentine home listed for $2.5M

The house at 204 Lockgreen Court as viewed from the street. (Photos courtesy CVRMLS)

A West End house built by members of Richmond’s Valentine family has been put up for sale for the first time.

The home of Virginia Valentine and the late E. Massie Valentine at 204 Lockgreen Court hit the market late last week with an asking price of $2.49 million.

Joyner Fine Properties’ Jim and Donna Ransone have the listing, which went live Friday but held off showings until Monday. The husband-and-wife team, who described the Valentines as a longtime client, said they had shown the property to several parties but had not received an offer as of Tuesday afternoon.

A stone walkway and double staircase lead to the main entrance.

“We’ve had an excellent reception. People like it,” Donna said. “We’re feeling optimistic.”

Totaling 6,300 square feet with six bedrooms, five full bathrooms and two half-baths, the house was built by the Valentines in the mid-1990s after Massie retired as regional chairman of Johnson & Higgins, an insurance brokerage firm later acquired by New York-based Marsh & McLennan.

The couple purchased the 1.5-acre parcel in 1993 for $204,000, city property records show. The most recent city assessment valued the since-improved property at $1.76 million.

Local philanthropists, the Valentines were involved in various Richmond organizations before Massie died in 2017. A brother of Henry Lee Valentine II, the former longtime chairman of local investment firm Davenport & Co., Massie served on the boards for The Valentine Museum, YMCA of Greater Richmond, St. Christopher’s School, The Steward School and the board of visitors for UVA, his alma mater.

Virginia has retained ownership of the house since Massie’s death. The Ransones said she plans to buy a smaller residence in town.

The two-story foyer includes a 17-foot Palladian window.

The couple designed the home to be reminiscent of a French chateau, with two master suites located on the ground floor. The house was built by Mike DuMont of Midlothian-based Dumont Homes, Jim said.

“They decided when they were building this that in case one of them got infirmed or anything like that ever happened, they would want to be near each other,” Jim said of the Valentines. “They were looking into the future, so they built two really beautiful master bedrooms – great size, big walk-in closets, beautiful baths.”

Four more bedrooms are located upstairs, along with a sitting room and an au pair suite with kitchen. A two-story foyer includes a 17-foot-tall Palladian window and 21-foot-high vaulted ceiling. The house also includes a library, elevator and attached two-car garage, and the landscaped property includes a pool and slate walkway.

The Ransones said the pool and the property’s size and layout have been appealing to prospective buyers.

“It’s one of the larger lots in Lockgreen and very private,” Donna said.

The 1.5-acre property includes a pool.

Jim said they’re marketing the home as they would other listings regardless of the multimillion-dollar price point, which he described as not unusual considering other seven-figure listings in the area.

Nearby, the 10,000-square-foot Windemere mansion at 5501 Cary Street Road hit the market last month for $3.4 million, while farther west, the 13,600-square-foot Clear View mansion at 5901 River Road is listed at just under $4 million.

“The price speaks for itself,” Jim said of their listing. “This is really not an extraordinary number right now for Richmond.”

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