Cannabis exec’s Hampton Gardens purchase tops August home sales

This 6,000-square-foot home at 328 Greenway Lane in the Hampton Gardens neighborhood sold Aug. 21 for $2.15 million. (Photos courtesy of CVRMLS)

Note: This story has been updated with information about the sellers confirmed after publication.

An 84-year-old house in Richmond’s Westhampton area came in as the priciest home sale in the region last month, beating out four other deals that all exceeded $1.5 million.

The 6,000-square-foot home at 328 Greenway Lane in the Hampton Gardens neighborhood sold Aug. 21 for $2.15 million, above its June 14 list price of $1.79 million.

Long & Foster agent Margaret Wade had the listing, representing sellers Michael and Sasha Hogan. Michael Hogan is a managing director with investment bank Harris Williams.

One of two family rooms, with one of the home’s four fireplaces.

The record lists the buyers as Miguel and Alison Martin. They were represented by Eliza Branch, also of Long & Foster’s Grove Avenue office.

Miguel Martin is chief commercial officer for Aurora Cannabis Inc., a publicly traded cannabis company headquartered in Canada. He was named to the position in July, according to a LinkedIn profile.

Branch said the couple is relocating from Founders Bridge in Midlothian and had been on the lookout for new listings in the Libbie and Grove area.

“The buyers really wanted to be in this area,” she said. “They wanted to be able to walk to the Libbie-Grove area, and they liked that the house was totally redone and they could move right in.”

Built in 1936, the colonial-style house was recently renovated and added onto by the previous owners, who purchased it in 2005 for $1.15 million. The latest city assessment valued the half-acre property at $1.32 million.

Wade said the listing attracted 20 or so appointments the day it went active, resulting in six or seven offers that competed to put it under contract. She said Branch was one of many of her peers in the Grove office that brought clients to see the house, which is blocks from the office near the Libbie and Grove crossroads.

The basement rec room includes a wine storage space.

“We showed it for two days, and on the third day we reviewed offers. The house was gorgeous, so it really sold itself,” Wade said. “I wish I could take more credit, but really it’s one of those listings that you’re like, ‘I just need to put it out there with beautiful photos and let people come take a look.’”

Totaling five bedrooms and bathrooms with three half-baths, the interior is defined with coffered ceilings and arched doors and openings. A center hall connects rooms with one of two family rooms on the ground floor, which also includes a library, a mudroom and guest bedroom suite.

The upstairs includes four more bedrooms with bathrooms, including the master suite with an office and walk-in closet. A third floor space serves as a playroom, and a waterproofed basement provides additional rec space and wine storage.

Outside, the house includes a covered porch, bluestone terraces and a built-in grill. The house also has four fireplaces, a detached garage and a generator.

The house includes a covered rear porch.

Local architect Dan Ensminger designed the addition and renovations, which Wade said helped sell the house.

“I think everybody that looked at it just thought that it was beautifully done,” Wade said. “It just had such pretty bones. It’s one of those iconic, pretty houses that everyone has always loved the curb appeal when they drive by, and then when you went inside, it’s a really comfortable family home but also beautiful for entertaining.”

Wade said the property’s outdoor spaces factored into the sale as well, in light of buyers looking for more elbowroom in a socially distanced world.

“With everything going on with COVID, it had amazing outdoor spaces,” she said. “It really is perfect for the environment that we’re in right now to have lovely outdoor spaces as well as indoor space.”

Branch agreed that the outdoor space was as much of a selling point as the home’s interior.

“Obviously, with everybody being stuck at home, everybody is enjoying their house again,” Branch said. “They had honed in on being in Hampton Gardens, because they liked the sizes of the houses, so they were teed up and ready to go when something came on the market that fit the bill.”

Rounding out the top five sales for August, according to the Central Virginia Regional Multiple Listing Service:

• 3350 Riverglade Road, Powhatan – $1.8 million. Listing agent: Becky McNeer, Shaheen, Ruth, Martin & Fonville Real Estate; buyer’s agent: non-MLS user.

• 10710 Cherokee Road, Huguenot Hundred, Chesterfield – $1.75 million. Listing agents: John and Holly Martin, SRMF; buyer’s agent: John Martin, SRMF.

• 2702 Monument Ave., Richmond – $1.64 million. Listing agent: Coleen Butler Rodriguez, Joyner Fine Properties; buyer’s agent: non-MLS user.

• 3900 Sulgrave Road, Windsor Farms, Richmond – $1.59 million. Listing agent: Jim and Donna Ransone, Joyner; buyer’s agent: Betsy Dotterer, Joyner.

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