$3M deals for two riverfront homes led area sales in November

10400 Cherokee Road 3 cropped

The 5,000-square-foot house on 3.3 acres at 10400 Cherokee Road sold in an off-market deal for $3.15 million. (City property record photo)

An off-market deal for a riverfront house in the Huguenot area near Stony Point Fashion Park edged out the priciest listed homes that sold in the Richmond region in November.

The 5,000-square-foot house on 3.3 acres at 10400 Cherokee Road, upriver from the Edward E. Willey Bridge, sold for $3.15 million. The deal was recorded with the city Nov. 1.

Property records list the buyer as Denali To’ahani LLC. The entity’s filing with the State Corporation Commission lists the same office address as the Herndon Foundation, a charitable organization founded by the late Floyd Gottwald Jr. and Elisabeth Gottwald.

Floyd, who died last year, was the son of family patriarch Floyd Gottwald Sr. and was a chairman and CEO of Albemarle Corp., a chemical manufacturing company spun off from NewMarket subsidiary Ethyl Corp.

The sellers were members of the family of Bobby and Lisa Thalhimer, who bought the property in 2005 for $1.6 million, the records show. The selling group included Bobby, who’s retired from The Monument Group, a consultancy for nonprofits. Lisa died in 2010.

With four bedrooms and 5½ bathrooms, the single-story brick house was built in 1967 and totals 12 rooms. The property includes a finished basement, outdoor hot tub and attached garage.

The city assessed the property this year at $1.86 million.

21 S. Tow Path Lane 2

The two-level house 21 S. Tow Path Lane includes a 2,400-square-foot patio with gas fire pit. (File images courtesy CVRMLS)

Another river-fronting property was the month’s second-priciest sale: 21 S. Tow Path Lane, a 6,100-square-foot house near Byrd Park that sold Nov. 15 for $3 million. It was listed in April at $3.75 million and was reduced in price to $3.19 million in September.

Doug Dorsey with Shaheen, Ruth, Martin & Fonville Real Estate handled the listing for sellers Kevin and Ilene McFadden. Kevin is a principal and co-founder of local development firm Rebkee and is CEO of RAIR Systems, a Michigan-based cannabis company.

Property records list the buyer as a trust for John and Rita Hummel. The buyer’s agent was Josh Lee with Keller Williams’ Ruckart Real Estate Group.

Josh Lee

Josh Lee

The McFaddens built the house in 2009 after buying the nearly 1-acre lot for $700,000. Totaling five bedrooms and 4½ bathrooms, the two-story home is situated on a bluff near the Carillon and has views of the arched James River Railway Bridge. The city assessed the property this year at $1.67 million.

Lee said the Hummels have family in town and are moving from out of town. He said they were drawn to the property for its design and the river-and-rail views.

“He’s a train guy through and through, and the breathtaking views as soon as you enter is what sealed the deal for them,” Lee said. “The house itself is gorgeous, and the sellers built it with a lot of things in mind, and they just felt that the second they walked in. Beautiful property.”

Lee added that the drop in price helped get the deal over the finish line.

“The price drop helped spur it on a little bit, but really it was just the right time as well for them, so it all aligned and worked out,” he said. “Everybody came to terms pretty easily.”

13549 Chesdin Landing Drive 1

The 10,000-square-foot house at 13549 Chesdin Landing Drive.

The next-highest sale for the month was 13549 Chesdin Landing Drive, a 10,000-square-foot house in Chesterfield that sold Nov. 22 for $2.5 million. The seven-bedroom home overlooking Lake Chesdin was listed in March with an asking price of $3.95 million.

John O’Reilly with Better Homes and Gardens Real Estate Base Camp had the listing. The sellers were trustees for Jeremy and Monaca Vanderpool, who founded Healthcare Construction Management, a healthcare-focused general contracting firm. Monaca previously owned Richmond Promotional Products.

County property records list the buyers as Sebastian and Krystal Symeonides. Their purchase was handled by a non-MLS user, according to the Central Virginia Regional Multiple Listing Service.

The Vanderpools had the house built in 2020 after purchasing the 3.5-acre waterfront lot for $375,000 the previous year. Chesterfield assessed the developed property at $1.62 million.

Rounding out the top five sales for November were, according to CVRMLS:

2037 Monument Ave., Richmond – $2.2 million. Listing agents: Ceci Amrhein and Bill Gallasch, Joyner Fine Properties; buyer’s agent: Shane Lott, Rashkind Saunders & Co.

12419 Walnut Hill Drive, Walnut Hill, Hanover – $2.04 million. Listing agent: Debbie Gibbs, The Steele Group | Sotheby’s International Realty; buyer’s agent: non-MLS user.

10400 Cherokee Road 3 cropped

The 5,000-square-foot house on 3.3 acres at 10400 Cherokee Road sold in an off-market deal for $3.15 million. (City property record photo)

An off-market deal for a riverfront house in the Huguenot area near Stony Point Fashion Park edged out the priciest listed homes that sold in the Richmond region in November.

The 5,000-square-foot house on 3.3 acres at 10400 Cherokee Road, upriver from the Edward E. Willey Bridge, sold for $3.15 million. The deal was recorded with the city Nov. 1.

Property records list the buyer as Denali To’ahani LLC. The entity’s filing with the State Corporation Commission lists the same office address as the Herndon Foundation, a charitable organization founded by the late Floyd Gottwald Jr. and Elisabeth Gottwald.

Floyd, who died last year, was the son of family patriarch Floyd Gottwald Sr. and was a chairman and CEO of Albemarle Corp., a chemical manufacturing company spun off from NewMarket subsidiary Ethyl Corp.

The sellers were members of the family of Bobby and Lisa Thalhimer, who bought the property in 2005 for $1.6 million, the records show. The selling group included Bobby, who’s retired from The Monument Group, a consultancy for nonprofits. Lisa died in 2010.

With four bedrooms and 5½ bathrooms, the single-story brick house was built in 1967 and totals 12 rooms. The property includes a finished basement, outdoor hot tub and attached garage.

The city assessed the property this year at $1.86 million.

21 S. Tow Path Lane 2

The two-level house 21 S. Tow Path Lane includes a 2,400-square-foot patio with gas fire pit. (File images courtesy CVRMLS)

Another river-fronting property was the month’s second-priciest sale: 21 S. Tow Path Lane, a 6,100-square-foot house near Byrd Park that sold Nov. 15 for $3 million. It was listed in April at $3.75 million and was reduced in price to $3.19 million in September.

Doug Dorsey with Shaheen, Ruth, Martin & Fonville Real Estate handled the listing for sellers Kevin and Ilene McFadden. Kevin is a principal and co-founder of local development firm Rebkee and is CEO of RAIR Systems, a Michigan-based cannabis company.

Property records list the buyer as a trust for John and Rita Hummel. The buyer’s agent was Josh Lee with Keller Williams’ Ruckart Real Estate Group.

Josh Lee

Josh Lee

The McFaddens built the house in 2009 after buying the nearly 1-acre lot for $700,000. Totaling five bedrooms and 4½ bathrooms, the two-story home is situated on a bluff near the Carillon and has views of the arched James River Railway Bridge. The city assessed the property this year at $1.67 million.

Lee said the Hummels have family in town and are moving from out of town. He said they were drawn to the property for its design and the river-and-rail views.

“He’s a train guy through and through, and the breathtaking views as soon as you enter is what sealed the deal for them,” Lee said. “The house itself is gorgeous, and the sellers built it with a lot of things in mind, and they just felt that the second they walked in. Beautiful property.”

Lee added that the drop in price helped get the deal over the finish line.

“The price drop helped spur it on a little bit, but really it was just the right time as well for them, so it all aligned and worked out,” he said. “Everybody came to terms pretty easily.”

13549 Chesdin Landing Drive 1

The 10,000-square-foot house at 13549 Chesdin Landing Drive.

The next-highest sale for the month was 13549 Chesdin Landing Drive, a 10,000-square-foot house in Chesterfield that sold Nov. 22 for $2.5 million. The seven-bedroom home overlooking Lake Chesdin was listed in March with an asking price of $3.95 million.

John O’Reilly with Better Homes and Gardens Real Estate Base Camp had the listing. The sellers were trustees for Jeremy and Monaca Vanderpool, who founded Healthcare Construction Management, a healthcare-focused general contracting firm. Monaca previously owned Richmond Promotional Products.

County property records list the buyers as Sebastian and Krystal Symeonides. Their purchase was handled by a non-MLS user, according to the Central Virginia Regional Multiple Listing Service.

The Vanderpools had the house built in 2020 after purchasing the 3.5-acre waterfront lot for $375,000 the previous year. Chesterfield assessed the developed property at $1.62 million.

Rounding out the top five sales for November were, according to CVRMLS:

2037 Monument Ave., Richmond – $2.2 million. Listing agents: Ceci Amrhein and Bill Gallasch, Joyner Fine Properties; buyer’s agent: Shane Lott, Rashkind Saunders & Co.

12419 Walnut Hill Drive, Walnut Hill, Hanover – $2.04 million. Listing agent: Debbie Gibbs, The Steele Group | Sotheby’s International Realty; buyer’s agent: non-MLS user.

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George MacGuffin
George MacGuffin
11 months ago

People still paying millions to live on Monument-less Ave? You just can’t put a price on provincial status markers.

Deon Hamner
Deon Hamner
11 months ago

Poor George…

Tom Gates
Tom Gates
11 months ago
Reply to  Deon Hamner

George is right which many of you will find out in the next 18 months.

Michael Boyer
Michael Boyer
11 months ago

Richmond is the last place I’d choose to live with all the crime.Its even spilling over into the surrounding areas.

Tom Gates
Tom Gates
11 months ago
Reply to  Michael Boyer

The New Jerseyation of Virginia continues.

Justin Reynolds
Justin Reynolds
11 months ago
Reply to  Michael Boyer

Michael, you may want to visit Richmond some time and stop watching alternative news. No locality is immune from crime and overall things are more than fine here.

Robert Barton, Jr.
Robert Barton, Jr.
11 months ago

A ‘tip of the hat’ to Doug Dorsey on the sale of 21 S. Tow Path Lane. A spectacular one-of-a-kind custom home situated on an extraordinary site with unbelievable views, this property is in a class by itself! Congratulations Doug!

Ned Rennolds
Ned Rennolds
10 months ago

Congratulations Josh!