Two ex-CEOs’ $3M deals topped August home sales

640 Walsing 1

The modern-design home at 640 Walsing Drive was August’s priciest area sale. (Photos courtesy CVRMLS)

The region’s high-end housing market has been as hot as the summer weather, with a pair of $3 million deals by two former chief executives topping last month’s list of the priciest area home sales.

The No. 1 sale was 640 Walsing Drive, a 6,900-square-foot, modern-design house in western Henrico’s Mooreland Landing neighborhood that sold Aug. 31 for $3.1 million, above its May 10 list price of $2.79 million.

Property records list the buyers as Jeff and Nancy Stroburg, who are relocating from Chesterfield County. Jeff Stroburg was CEO of agricultural supply company Southern States Cooperative from 2015 until his retirement in 2021.

The sellers were Allison Weinstein and Ivan Jecklin, co-presidents of property management company Weinstein Properties. They had the house built in 2001 after buying the nearly 1-acre lot in 1998 for $165,000.

Henrico assessed the property this year at $1.47 million.

640 Walsing 7

The 6,900-square-foot house is on a nearly 1-acre lot.

Chris Small of Small & Associates Real Estate worked both sides of the deal as the listing and buyer’s agent.

Chris Small

Chris Small

Small said Weinstein and Jecklin are longtime clients and are moving to Westmoreland Place in Richmond’s West End, where he also represented them in buying an older home that he said they tore down and are replacing with a new house designed by local firm 3North.

They worked with Richmond-based Mako Builders and architect Cheryl Moore on the Walsing Drive home, which Small said was appealing to the Stroburgs for its modern design.

“The style of the house is what was attractive to them,” Small said. “That’s where the initial interest started, because they had an interest in having a very contemporary house.”

Located on a cul-de-sac at the end of Walsing Drive and just east of the Country Club of Virginia’s James River Course, the three-story house has five bedrooms, 5½ bathrooms and an open floor plan described in Small’s listing as a “great gallery space” ideal for entertaining. The rooms are accentuated by the home’s angled ceilings, floor-to-ceiling windows and open staircase.

640 Walsing 2

Angled ceilings and floor-to-ceiling windows accentuate the house’s open floor plan.

The owners’ suite makes up its own level of the house, with three dressing rooms, an office and sundeck. Three additional bedrooms and bathrooms are on the top level, which includes a sitting area. The house also includes a wet bar, billiard area and a casual dining area with accordion doors that open out to a limestone terrace with pool and hot tub.

Small said he received multiple offers on the listing that drove up the sale price before it went under contract May 23. He said he had listed the house two weeks earlier with delayed showings to drum up interest, which initially came from another of his clients.

“I had shown it to a client of mine prior to that, and they made an offer but offered the asking price,” he said. “The sellers were like, ‘Well, we’re not going to put it on the market if we don’t get a really rich offer.’”

640 Walsing 3

The sellers took their art collection with them but sold other furnishings in an estate sale.

After about three days of what he described as back-to-back showings and open house events for agents and neighbors, Small said he received two written offers above the asking price.

Because the sellers were only taking their art collection with them, Small said his firm worked with Maurice Beane of Art Style Design RVA to hold an estate sale after the home went under contract.

The sale is one of the highest seen in Henrico this year, and just edged out August’s second-priciest sale: 103 Virginia Ave., which sold Aug. 22 for $3.03 million, above its July 14 list price of $2.49 million.

103 Virginia Ave 1

The colonial-style house at 103 Virginia Ave. was the month’s second-priciest sale.

The 5,800-square-foot colonial in Westmoreland Place was listed by husband-and-wife agents Mahood and Walker Fonville of Shaheen, Ruth, Martin & Fonville Real Estate for seller Mary Coulbourn. SRMF’s Alice Sharp represented the buyers, listed in city property records as trusts for Thomas and Betty Jo Schievelbein. Thomas Schievelbein is a former CEO of armored car giant Brink’s.

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

10320 Cherokee Road, Richmond – $2.75 million. Listing agents: Stanton Thalhimer and Margaret Brown, Re/Max Commonwealth; buyer’s agent: Margaret Brown, Re/Max.

9010 Norwick Road, Mooreland West, Henrico – $2.25 million. Listing agent: Monica Rawles, SRMF; buyer’s agents: Leland Klim and Helen Garnett, Long & Foster.

217 Randolph Square Lane, Randolph Square, Goochland – $1.76 million. Listing agent: Alex Luck, Long & Foster; buyer’s agent: Linda Moody, Napier Realtors ERA.

640 Walsing 1

The modern-design home at 640 Walsing Drive was August’s priciest area sale. (Photos courtesy CVRMLS)

The region’s high-end housing market has been as hot as the summer weather, with a pair of $3 million deals by two former chief executives topping last month’s list of the priciest area home sales.

The No. 1 sale was 640 Walsing Drive, a 6,900-square-foot, modern-design house in western Henrico’s Mooreland Landing neighborhood that sold Aug. 31 for $3.1 million, above its May 10 list price of $2.79 million.

Property records list the buyers as Jeff and Nancy Stroburg, who are relocating from Chesterfield County. Jeff Stroburg was CEO of agricultural supply company Southern States Cooperative from 2015 until his retirement in 2021.

The sellers were Allison Weinstein and Ivan Jecklin, co-presidents of property management company Weinstein Properties. They had the house built in 2001 after buying the nearly 1-acre lot in 1998 for $165,000.

Henrico assessed the property this year at $1.47 million.

640 Walsing 7

The 6,900-square-foot house is on a nearly 1-acre lot.

Chris Small of Small & Associates Real Estate worked both sides of the deal as the listing and buyer’s agent.

Chris Small

Chris Small

Small said Weinstein and Jecklin are longtime clients and are moving to Westmoreland Place in Richmond’s West End, where he also represented them in buying an older home that he said they tore down and are replacing with a new house designed by local firm 3North.

They worked with Richmond-based Mako Builders and architect Cheryl Moore on the Walsing Drive home, which Small said was appealing to the Stroburgs for its modern design.

“The style of the house is what was attractive to them,” Small said. “That’s where the initial interest started, because they had an interest in having a very contemporary house.”

Located on a cul-de-sac at the end of Walsing Drive and just east of the Country Club of Virginia’s James River Course, the three-story house has five bedrooms, 5½ bathrooms and an open floor plan described in Small’s listing as a “great gallery space” ideal for entertaining. The rooms are accentuated by the home’s angled ceilings, floor-to-ceiling windows and open staircase.

640 Walsing 2

Angled ceilings and floor-to-ceiling windows accentuate the house’s open floor plan.

The owners’ suite makes up its own level of the house, with three dressing rooms, an office and sundeck. Three additional bedrooms and bathrooms are on the top level, which includes a sitting area. The house also includes a wet bar, billiard area and a casual dining area with accordion doors that open out to a limestone terrace with pool and hot tub.

Small said he received multiple offers on the listing that drove up the sale price before it went under contract May 23. He said he had listed the house two weeks earlier with delayed showings to drum up interest, which initially came from another of his clients.

“I had shown it to a client of mine prior to that, and they made an offer but offered the asking price,” he said. “The sellers were like, ‘Well, we’re not going to put it on the market if we don’t get a really rich offer.’”

640 Walsing 3

The sellers took their art collection with them but sold other furnishings in an estate sale.

After about three days of what he described as back-to-back showings and open house events for agents and neighbors, Small said he received two written offers above the asking price.

Because the sellers were only taking their art collection with them, Small said his firm worked with Maurice Beane of Art Style Design RVA to hold an estate sale after the home went under contract.

The sale is one of the highest seen in Henrico this year, and just edged out August’s second-priciest sale: 103 Virginia Ave., which sold Aug. 22 for $3.03 million, above its July 14 list price of $2.49 million.

103 Virginia Ave 1

The colonial-style house at 103 Virginia Ave. was the month’s second-priciest sale.

The 5,800-square-foot colonial in Westmoreland Place was listed by husband-and-wife agents Mahood and Walker Fonville of Shaheen, Ruth, Martin & Fonville Real Estate for seller Mary Coulbourn. SRMF’s Alice Sharp represented the buyers, listed in city property records as trusts for Thomas and Betty Jo Schievelbein. Thomas Schievelbein is a former CEO of armored car giant Brink’s.

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

10320 Cherokee Road, Richmond – $2.75 million. Listing agents: Stanton Thalhimer and Margaret Brown, Re/Max Commonwealth; buyer’s agent: Margaret Brown, Re/Max.

9010 Norwick Road, Mooreland West, Henrico – $2.25 million. Listing agent: Monica Rawles, SRMF; buyer’s agents: Leland Klim and Helen Garnett, Long & Foster.

217 Randolph Square Lane, Randolph Square, Goochland – $1.76 million. Listing agent: Alex Luck, Long & Foster; buyer’s agent: Linda Moody, Napier Realtors ERA.

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Bruce D Anderson
Bruce D Anderson
9 months ago

Wow, that Walsing Drive house is spectacular!

Victoria Woodhull
Victoria Woodhull
9 months ago

Agreed – absolutely beautiful.

Shawn Harper
Shawn Harper
9 months ago

Yeah, I always find such homes interesting — not being critical at all but the general vibe of such houses is often newer college campus building — student life, alumi relations…. customer focused.

Unique is right — part almost looks like a pool house that is bigger than the pool. I am not saying the pool is too small — looks about perfect, actually.

Michael Boyer
Michael Boyer
9 months ago

Ideal for entertaining for sure!