The president of a family of Richmond-area auto dealerships has put his Stratford Hills home on the market with a multimillion-dollar price tag.
Jimmy and Mary Ann Whitten are selling their 5,200-square-foot Tudor-style house at 7751 Riverside Drive, listing it Wednesday at $3.19 million.
Whit Wall with The Steele Group | Sotheby’s International Realty has the listing, the eighth or ninth property he said he has listed through the years for the Whittens, who he has known personally for decades.
Jimmy Whitten is the second of four generations of his family to have led the Whitten Brothers dealerships, which currently total four locations. He and Mary Ann are selling the house after downsizing to a smaller home in Windsor Farms, Wall said.
City property records show the couple purchased the Riverside Drive house in 2002 for $1.2 million. The latest city assessment valued the 8-acre property at $1.71 million.
Situated on top of a wooded hill overlooking the James River, the four-bedroom house with three full bathrooms and two half-baths was built in 1941 for members of the Binswanger family, known for their successful glass business.
Located near the Z Dam downriver from the Huguenot Bridge, the house is next door to a comparably sized home recently owned by John and Margaret Gottwald, who sold that home two years ago for $2.05 million.
Wall said he is marketing the house differently than other listings primarily because of the size and scope of the property. He enlisted locally based John Hancock Productions to photograph the home, which is being marketed through the Sotheby’s listing platform and in local and national publications.
A Richmond native who’s been selling real estate locally for four decades, Wall said he’s not unfamiliar with seven-figure listings, having sold a home on 28 acres along River Road in 2004 for $3.9 million.
Since listing the Riverside home Wednesday, Wall said he’s received good response and scheduled several showings. An open house for agents was held at the property Thursday.
“We’ve got several showings lined up for tomorrow,” Wall said Thursday. “Sometimes it takes a little while, but I’ve been pleased with what we’ve gotten in one day.”
Farther downriver, the 11,700-square-foot home at 1224 Rothesay Circle is on the market for $3.49 million, reduced from its $3.75 million listing last November.
The 10,000-square-foot Windemere mansion at 5501 Cary Street Road was listed last month at $3.4 million, and last week, a West End house owned by members of Richmond’s Valentine family hit the market for $2.49 million.