The rear side of the house at 9637 Sloman Place in Riverlake Colony. (CVRMLS)
Looking to finish out the neighborhood it took on three decades ago, a local homebuilder is moving forward with two new-construction homes on the same street where another $2 million listing hit the market within the span of a month.
Colonial Homecrafters Ltd. recently listed new builds on the last two lots available on Sloman Place, a cul-de-sac in Riverlake Colony in western Henrico County where one of its previous homes was put under contract at a similar price range weeks earlier.
The priciest listing of the bunch is 9701 Sloman Place, a 5,200-square-foot home with five bedrooms and five bathrooms that the company is building on spec and listed March 31 at $2.65 million. Beth Lane with Metropolitan Real Estate has that listing.
One lot over, the 8,700-square-foot house at 9637 Sloman Place hit the market March 11 at $2.27 million and went under contract 11 days later. Long & Foster’s Pam Diemer is representing the seller.
And four lots up from that, Colonial Homecrafters listed 9613 Sloman Place, where it planned to build a 6,200-square-foot home that was to be priced at $2.56 million. That April 12 listing has since been removed from the Central Virginia Regional Multiple Listing Service. Company president Eddie Goode said it has entered into a design-to-build agreement with a buyer.
Eddie Goode (Image courtesy Colonial Homecrafters)
“That’s almost like a precursor agreement before you go to contract,” Goode said. “We’ve negotiated a contract price, and we’re tweaking that plan right now. Once we have that plan complete, we will convert that design agreement into a full contract.”
The two new homes will finish out Sloman Place and bring Colonial Homecrafters closer to completing Riverlake Colony, where Goode said eight other 1-acre lots remain to be built.
The company purchased the 155-lot neighborhood, off River Road just west of Gaskins Road, out of foreclosure in 1991, when Goode said the development was in its infancy. Years later, it put the last 13 lots up for sale in 2014, when Goode said prices had become competitive enough to finish out the neighborhood.
The lot at 9701 Sloman Place is near Riverlake Colony’s entrance off River Road.
Goode said the company’s marketing for the lots ramped up recently.
“We really haven’t marketed them over the last couple of years as actively. The reason why we have now stepped it up is because there’s a scarcity of land,” he said. “Not just lots across the board at any price level, but especially high-end lots that are large and nice, well-appointed neighborhoods.”
The house it’s building at 9701 Sloman is planned to include a first-floor primary and four additional bedrooms; random-width oak floors and 10-foot first-floor ceilings; a loggia, or covered walkway, with bluestone and woodburning fireplace; and garage space for four cars, including a detached two-car garage with covered pass-through porch.
The house planned at 9701 Sloman Place.
Goode said the company received interest in the listing and met with a prospective buyer in recent days.
Meanwhile, the brick house at 9637 Sloman remains under contract. It was built in 2000 and last sold in 2017 for $1.65 million. Henrico has assessed it at $2 million.
Property records list the sellers as John Flippen Jr. and Elsbeth Flippen. John Flippen is managing director of Petroleum Capital & Real Estate, an M&A and financial advisory firm.
The house at 9637 Sloman Place went under contract 11 days after listing.
The house includes a 40-foot saltwater pool, a covered patio, two-room guest suite, game room with fireplace, a home theater and an electric vehicle charger.
A few doors away, a 5,900-square-foot house on Lake Meadow Place in Riverlake Colony sold this month for $1.6 million.
The neighborhood is just east of Rivergate in Goochland, where the 18-acre Sharp family estate was listed last month at $9.5 million.
The rear side of the house at 9637 Sloman Place in Riverlake Colony. (CVRMLS)
Looking to finish out the neighborhood it took on three decades ago, a local homebuilder is moving forward with two new-construction homes on the same street where another $2 million listing hit the market within the span of a month.
Colonial Homecrafters Ltd. recently listed new builds on the last two lots available on Sloman Place, a cul-de-sac in Riverlake Colony in western Henrico County where one of its previous homes was put under contract at a similar price range weeks earlier.
The priciest listing of the bunch is 9701 Sloman Place, a 5,200-square-foot home with five bedrooms and five bathrooms that the company is building on spec and listed March 31 at $2.65 million. Beth Lane with Metropolitan Real Estate has that listing.
One lot over, the 8,700-square-foot house at 9637 Sloman Place hit the market March 11 at $2.27 million and went under contract 11 days later. Long & Foster’s Pam Diemer is representing the seller.
And four lots up from that, Colonial Homecrafters listed 9613 Sloman Place, where it planned to build a 6,200-square-foot home that was to be priced at $2.56 million. That April 12 listing has since been removed from the Central Virginia Regional Multiple Listing Service. Company president Eddie Goode said it has entered into a design-to-build agreement with a buyer.
Eddie Goode (Image courtesy Colonial Homecrafters)
“That’s almost like a precursor agreement before you go to contract,” Goode said. “We’ve negotiated a contract price, and we’re tweaking that plan right now. Once we have that plan complete, we will convert that design agreement into a full contract.”
The two new homes will finish out Sloman Place and bring Colonial Homecrafters closer to completing Riverlake Colony, where Goode said eight other 1-acre lots remain to be built.
The company purchased the 155-lot neighborhood, off River Road just west of Gaskins Road, out of foreclosure in 1991, when Goode said the development was in its infancy. Years later, it put the last 13 lots up for sale in 2014, when Goode said prices had become competitive enough to finish out the neighborhood.
The lot at 9701 Sloman Place is near Riverlake Colony’s entrance off River Road.
Goode said the company’s marketing for the lots ramped up recently.
“We really haven’t marketed them over the last couple of years as actively. The reason why we have now stepped it up is because there’s a scarcity of land,” he said. “Not just lots across the board at any price level, but especially high-end lots that are large and nice, well-appointed neighborhoods.”
The house it’s building at 9701 Sloman is planned to include a first-floor primary and four additional bedrooms; random-width oak floors and 10-foot first-floor ceilings; a loggia, or covered walkway, with bluestone and woodburning fireplace; and garage space for four cars, including a detached two-car garage with covered pass-through porch.
The house planned at 9701 Sloman Place.
Goode said the company received interest in the listing and met with a prospective buyer in recent days.
Meanwhile, the brick house at 9637 Sloman remains under contract. It was built in 2000 and last sold in 2017 for $1.65 million. Henrico has assessed it at $2 million.
Property records list the sellers as John Flippen Jr. and Elsbeth Flippen. John Flippen is managing director of Petroleum Capital & Real Estate, an M&A and financial advisory firm.
The house at 9637 Sloman Place went under contract 11 days after listing.
The house includes a 40-foot saltwater pool, a covered patio, two-room guest suite, game room with fireplace, a home theater and an electric vehicle charger.
A few doors away, a 5,900-square-foot house on Lake Meadow Place in Riverlake Colony sold this month for $1.6 million.
The neighborhood is just east of Rivergate in Goochland, where the 18-acre Sharp family estate was listed last month at $9.5 million.