Massey mansion purchase tops four million-dollar home sales in October

river run manor

River Run Manor (Photos courtesy CVRMLS)

While a Goochland County mansion that for years had been the highest-priced residential listing in the region led area home sales last month, the rest of October’s top five sales were not shabby themselves, each coming in above $1.5 million.

River Run Manor, the former Massey family mansion that is set to be turned into an events venue, topped the month’s sales with its $3.1 million purchase Oct. 1. The 16,000-square-foot Georgian Revival on 60 acres overlooking the James River was listed at $3 million when it went under contract in June.

The Steele Group’s Debbie Gibbs and Bo Steele had the listing, representing the four children of the late William B. Massey, a longtime Richmond coal executive who built the house in the 1980s and died in 2014.

Darrell Bowman with Coldwell Banker Vaughan & Co. and Susan Morris with Keller Williams Midlothian represented the buyers, a group called River Run Manor LLC, consisting of couples Doug and Tamra Adams, and Andrew and Kim Moody. Bowman represented the Adamses in the deal, while Morris represented the Moodys.

The group is converting the mansion into The Estate at River Run, an events venue that’s approved to host up to 40 weddings and other gatherings per year. Short-term rentals separate from events also are planned.

Gibbs and Steele took over the listing last year from Joyner Fine Properties, which initially listed the home in 2014 at $7.9 million. That asking price was reduced over the years, before Gibbs and Steele eventually lowered it to $3 million this year.

The latest county assessment put the property’s value at $5.28 million.

Located in Maidens at 2421 River Road West, the 30-year-old house was constructed by Taylor & Parrish, and totals eight bedrooms and 11½ bathrooms.

It includes a marble-floored foyer with double curved staircase, a ballroom that can seat 150, and an upper-level terrace overlooking the river and Powhatan County across it. The interior is accented with 18-foot columns and chandeliers, and a lower-level rec room includes a wine cellar. The property also includes a pool, pool house, tennis court and four-car garage.

Month of million-dollar sales

4309 Cambridge Rd.

1812 Monument Ave.

Rounding out the top five sales for the month were four transactions that each topped $1.5 million, according to the Central Virginia Regional Multiple Listing Service.

The second-highest sale was 4309 Cambridge Road, a 5,600-square-foot colonial in Richmond’s Windsor Farms neighborhood. The five-bedroom house with three full bathrooms and three half-baths sold Oct. 4 for $1.9 million, above its May 30 list price of $1.59 million. Long & Foster agents worked both sides of the deal, with Margaret Wade representing the seller and Cabell Childress representing the buyer.

In third place was 1812 Monument Ave., a nearly 6,000-square-foot home with five bedrooms and 5½ bathrooms that sold Oct. 4 for $1.8 million. It was listed July 15 at $1.99 million by Tiffany Stevens with Coach House Realty, who previously listed it last November at $2.29 million. Chris Small with Small & Associates represented the buyer.

Coming in fourth was 6 S. Country Squire Lane, a 6,900-square-foot house near the University of Richmond that sold Oct. 24 for $1.65 million. It was listed Sept. 6 at $1.59 million by Katherine Hill with Shaheen Ruth Martin & Fonville Real Estate. Stanton Thalhimer with Re/Max Commonwealth represented the buyer.

The fifth-priciest sale was 12208 Denford Way, an 8,400-square-foot home in Wyndham that sold Oct. 31 for $1.55 million, above its April 2018 list price of $1.45 million. Marc Highfill with Exit First Realty had the listing, while Richard Thexton with Napier Realtors ERA represented the buyer.

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