Equestrian estate in Goochland sells for $2.5M

The Foxwood estate in eastern Goochland County sold in late February. (Photos courtesy CVRMLS)

If 2020’s proven a rough start for most, it’s been the opposite for local real estate agent Richard Bower.

The associate broker and longtime agent with Joyner Fine Properties had a hand in the priciest residential real estate deals in a three-month span, culminating in February with a $2.5 million sale that ended up topping area home sales for that month.

The Feb. 28 sale of the Foxwood estate in eastern Goochland County came in at list price, with about 14 acres added to the 150-acre estate that had been listed in August 2018. The transaction was not reflected on county property records until recently, preventing its inclusion in the list of top home sales provided each month by the Central Virginia Regional Multiple Listing Service.

Prior to its February purchase, about 14 acres had been added to the 150-acre estate listed in August 2018.

The Foxwood purchase exceeded the previously reported top transaction for February: the $1.67 million sale of 204 Lockgreen Court, whose buyers, Thomas and Carolyn Garner, were represented by Bower.

Bower also represented the Garners, this time on the seller side, in their family’s sale of the 260-acre Glen Roy estate. That transaction, at just under $10 million, was one of the priciest home sales in the region in recent memory, easily topping the sales list for January.

And prior to that, Bower had the listing on the highest home sale in December, closing out 2019 with the $3.47 million sale of the Clear View mansion across from Country Club of Virginia.

Rounding out the three-month run, Foxwood, at 2048 Cardwell Road near Oilville, sold to an entity called Foxwood Estates LLC, county property records show. The LLC was registered with the State Corporation Commission in January by James Weinberg, an attorney with Hirschler.

The entrance of the house.

Whit Wall with The Steele Group | Sotheby’s International Realty represented the unidentified buyer.

Bower represented the trustee for the estate of Faye Kilpatrick, who died in 2018. A retired teacher and counselor, she was the widow of Robert Kilpatrick, a former chairman and CEO of insurance giant Cigna Corp.

Bower listed the 150-acre Foxwood property with additional acreage owned by the estate available for purchase. He said the buyer added 14 of those acres, bringing the total to 164. The latest county assessment put the total market value of the five parcels that were purchased at $1.4 million collectively. The estate retains ownership of at least another 180 acres nearby.

The property was started as Foxwood Farm in the 1960s by Frances Rowe, a notable horse trainer.

Bower said the property was started as Foxwood Farm in the 1960s by Frances Rowe, a notable horse trainer and rider who trained horses for the Olympics. He said the property’s facilities lent themselves to a specific type of buyer, contributing to the amount of time that the property was on the market.

“It was a unique property with unbelievable facilities for equestrians,” Bower said. “That’s a smaller pool of buyers, and it just takes a little longer to find the right buyer when you have something with a specific and unique use like it would attract.

“The buyer is an equestrian, so the property fit the buyer’s needs perfectly,” he said.

The primary house, totaling 5,100 square feet, was first built in the 1830s and has since been renovated and enlarged. It includes three beds, 3½ bathrooms and 15 rooms total over two levels.

The house overlooks a pool enclosed by fencing and brick walls.

The house overlooks a pool enclosed by fencing and brick walls, with a pergola, matching pavilions and gardens. The property also includes multiple pastures and paddocks, a 22-stall horse barn and stable, a cottage, a guest home, a 2-acre pond and a machine shop.

With the Foxwood sale under his belt, Bower acknowledged the run he’s had of late.

“Let’s hope the coronavirus doesn’t change that,” he said.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments