10,000-square-foot West End mansion fetches $6M in city’s priciest home sale this year

5105 Stratford Crescent 1

The 10,000-square-foot house at 5105 Stratford Crescent hit the market in June and sold this month for $6.25 million. (Photos courtesy CVRMLS)

Two days after the Sharp family estate in Goochland snagged the priciest residential real estate deal seen locally in recent memory, a multimillion-dollar deal in Richmond’s West End claimed the most expensive sale so far this year in the city.

The 10,000-square-foot house at 5105 Stratford Crescent in the Hampton Gardens neighborhood sold last week for $6.25 million.

Wife-and-husband team Holly and John Martin with Shaheen, Ruth, Martin & Fonville Real Estate had the listing, representing sellers Matthew and Amy Ernst, who bought the double-lot property for $2.5 million in 2008. They listed the 1.7-acre property in June at $6.5 million.

5105 Stratford Crescent 6

The 1.7-acre property includes an adjoining lot that sold with the house.

John Martin worked both sides of the deal, representing the mystery buyer who made the purchase using an LLC. City property records list the entity as 5105 Stratford LLC, registered in Roanoke.

Located just off Cary Street Road, the house was put under contract in mid-August before closing Oct. 12. The city assessed the house parcel at nearly $3 million and the adjoining lot at $658,000.

Totaling six bedrooms with six bathrooms and three half-baths, the Georgian-style house was built in 1937 and added onto in 2008, when the Ernsts remodeled it. Matt Ernst is an investor-entrepreneur who founded IT consulting firm Amentra and now leads venture capital firm Walnut Grove Holdings.

5105 Stratford Crescent 6 1

The kitchen with vaulted ceiling.

Jay Hugo with architecture firm 3North designed the renovation, and J.D. Robbins Builder Inc. completed the remodel. A heated saltwater pool was installed six years later by Charlottesville Aquatics.

The house has two wet bars and a 1,300-bottle wine cellar and tasting room on the basement level, where there’s also a spa with gas fireplace, a wet/dry sauna and a workout room.

Four bedrooms fill the bulk of the second floor, including the primary suite with a marble bath and tub. The top floor includes another bedroom and a reading nook and sitting area. The 20-by-44-foot pool includes a hot tub and 40-degree cold plunge tub. The property also includes a three-car garage with upstairs in-law suite or flex space.

5105 Stratford Crescent 2

A 1,300-bottle wine cellar and tasting room is on the basement level.

At $6.25 million, the sale tops the year’s previous priciest deal in city limits: the 7,000-square-foot house at 6124 Saint Andrews Lane, which overlooks the Country Club of Virginia’s Westhampton golf course and sold in July for $4.12 million.

The Stratford Crescent sale came roughly 48 hours after the closing of the Sharp family estate, which sold Oct. 10 for $8.75 million. The 18-acre lakefront estate and 21,000-square-foot mansion at 501 and 495 Rivergate Drive is the centerpiece of Goochland’s Rivergate community and was the residence of Rick Sharp, the late Circuit City CEO and CarMax founder.

That sale was the biggest seen in the Richmond market since 2020, when the 260-acre Glen Roy estate in western Henrico sold for $10 million.

Meanwhile, another multimillion-dollar listing in Richmond hit the market this week: 7600 Hill Drive, an 8,400-square-foot house fronting Riverside Drive that’s priced at $3.6 million. SRMF’s Scott Ruth and Scott Shaheen, who sold the Sharp estate, have that listing.

5105 Stratford Crescent 1

The 10,000-square-foot house at 5105 Stratford Crescent hit the market in June and sold this month for $6.25 million. (Photos courtesy CVRMLS)

Two days after the Sharp family estate in Goochland snagged the priciest residential real estate deal seen locally in recent memory, a multimillion-dollar deal in Richmond’s West End claimed the most expensive sale so far this year in the city.

The 10,000-square-foot house at 5105 Stratford Crescent in the Hampton Gardens neighborhood sold last week for $6.25 million.

Wife-and-husband team Holly and John Martin with Shaheen, Ruth, Martin & Fonville Real Estate had the listing, representing sellers Matthew and Amy Ernst, who bought the double-lot property for $2.5 million in 2008. They listed the 1.7-acre property in June at $6.5 million.

5105 Stratford Crescent 6

The 1.7-acre property includes an adjoining lot that sold with the house.

John Martin worked both sides of the deal, representing the mystery buyer who made the purchase using an LLC. City property records list the entity as 5105 Stratford LLC, registered in Roanoke.

Located just off Cary Street Road, the house was put under contract in mid-August before closing Oct. 12. The city assessed the house parcel at nearly $3 million and the adjoining lot at $658,000.

Totaling six bedrooms with six bathrooms and three half-baths, the Georgian-style house was built in 1937 and added onto in 2008, when the Ernsts remodeled it. Matt Ernst is an investor-entrepreneur who founded IT consulting firm Amentra and now leads venture capital firm Walnut Grove Holdings.

5105 Stratford Crescent 6 1

The kitchen with vaulted ceiling.

Jay Hugo with architecture firm 3North designed the renovation, and J.D. Robbins Builder Inc. completed the remodel. A heated saltwater pool was installed six years later by Charlottesville Aquatics.

The house has two wet bars and a 1,300-bottle wine cellar and tasting room on the basement level, where there’s also a spa with gas fireplace, a wet/dry sauna and a workout room.

Four bedrooms fill the bulk of the second floor, including the primary suite with a marble bath and tub. The top floor includes another bedroom and a reading nook and sitting area. The 20-by-44-foot pool includes a hot tub and 40-degree cold plunge tub. The property also includes a three-car garage with upstairs in-law suite or flex space.

5105 Stratford Crescent 2

A 1,300-bottle wine cellar and tasting room is on the basement level.

At $6.25 million, the sale tops the year’s previous priciest deal in city limits: the 7,000-square-foot house at 6124 Saint Andrews Lane, which overlooks the Country Club of Virginia’s Westhampton golf course and sold in July for $4.12 million.

The Stratford Crescent sale came roughly 48 hours after the closing of the Sharp family estate, which sold Oct. 10 for $8.75 million. The 18-acre lakefront estate and 21,000-square-foot mansion at 501 and 495 Rivergate Drive is the centerpiece of Goochland’s Rivergate community and was the residence of Rick Sharp, the late Circuit City CEO and CarMax founder.

That sale was the biggest seen in the Richmond market since 2020, when the 260-acre Glen Roy estate in western Henrico sold for $10 million.

Meanwhile, another multimillion-dollar listing in Richmond hit the market this week: 7600 Hill Drive, an 8,400-square-foot house fronting Riverside Drive that’s priced at $3.6 million. SRMF’s Scott Ruth and Scott Shaheen, who sold the Sharp estate, have that listing.

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Dr. Abe Gomez
Dr. Abe Gomez
8 months ago

Nice house! Very rare for a realtor to rep both sides of the sale these days. The buyer, seller, and relator must be close.