The modern-design house at 200 Kanawha Drive was the top area sale in February. (Photos courtesy CVRMLS)
Following months of the priciest homes in the area selling above the $3 million mark, the region’s high-end residential real estate market cooled in February with each of the five top sales coming in at about half that.
Leading the bunch was 200 Kanawha Drive, a 6,600-square-foot modern-design house that sold Feb. 8 for $1.8 million.
The house was listed a month earlier at just under $1.9 million by Blake Eudailey with BHHS PenFed Realty for the family of the late Anne and Mark Sternheimer, who were the home’s owners since it was built in the early 1960s.
Mark Sternheimer, who died in October, was an owner and president of A&N Stores, a Richmond-based retail chain that his family started in the 1860s and he grew to over 60 stores before it shut down in 2008. He also was director of Charles Schwarzschild Jewelers. Anne Sternheimer, a nurse and fellow pilot, died in 2003.
An adjacent 1-acre lot that the Sternheimers also owned was listed separately at $900,000 and purchased by the same buyers for $1 million. The buyers, a married couple relocating locally, made the all-cash deals using separate LLCs for each transaction.
The two-story foyer with floating curved staircase.
The buyers were represented by Darren Brown with The Steele Group | Sotheby’s International Realty.
Brown’s clients competed on the listing with two other offers. The 1-acre house property, near the University of Richmond and Country Club of Virginia, is in the portion of the Westham neighborhood behind River Road Shopping Center at River and Huguenot roads.
Darren Brown
“We knew it would be competitive going into it,” Brown said. “They’ve been searching for quite some time in that corridor, and when this came up, we realized there wouldn’t be a second shot at a property like this.
“This was so unique for Richmond, this mid-century modern with lots of glass,” he said. “It was built like a commercial building, and just the architectural qualities that it had we knew we wouldn’t find again, so they decided this had to be the one for them.”
Totaling seven bedrooms and eight full bathrooms, the 2½-story house’s design was said to be inspired by famed architect Frank Lloyd Wright. A front entry patio with a fountain leads to a two-story foyer with a floating curved staircase, and the living/dining room has a two-story cathedral ceiling, stone fireplace and floor-to-ceiling windows.
The family room also has a stone fireplace and a bar, and the updated kitchen includes a dumbwaiter and opens to a Florida room overlooking the grounds. All of the bedrooms connect to full bathrooms, and the primary bedroom walks out to an upstairs terrace. Other rear terraces overlook the adjacent wooded lot.
Henrico assessed the house property at $1.45 million. The wooded lot was assessed at $103,000.
Eudailey, who went to high school with the Sternheimers’ son Ross, said he received three offers and lots of interest in the house, which he purposely listed separately from, and showed ahead of, the wooded lot.
Blake Eudailey
“I’ve done some similar properties in the past, and I’ve had great success where we break them up and sell them separately. It certainly worked here,” said Eudailey, who worked with the Sternheimers’ daughter Jane on the listings.
“We knew that whoever bought the house was going to want that lot with it, so we put them both on the market at the same time, and we advertised we were going to look at offers for the house on blank date and then advertised for the lot that we were going to look at offers a week later, to make sure it would give the buyer of the house the opportunity to get the lot with it,” he said.
Brown said the additional lot was a necessity for the buyers once they’d zeroed in on the house.
“It was very important to them to have both,” he said. “I think the lot is part of the magic of living over there.”
While he acknowledged the home showed its age, what he described as “1960s vintage,” Eudailey said the design and construction helped sell it.
“It was a cool house. It was ahead of its time,” he said. “Mr. Sternheimer was an engineer, he had all kinds of cool ideas, and he and Mrs. Sternheimer, they made that their dream house that they lived in their whole life. When you went into the basement, you could see steel beams going through it. It was just a solid house.”
The ‘1960s vintage’ house was inspired by the designs of famed architect Frank Lloyd Wright.
Brown, who declined to name the buyers due to their desire for privacy, said they plan to renovate the house and will be documenting their progress on Instagram via the handle “keepingkanawha.”
Coming in as the No. 2 sale for February was 16224 Mitchells Mill Court, a 5,600-square-foot house in Midlothian’s Hallsley neighborhood that sold Feb. 5 at its Jan. 8 list price of $1.7 million.
Long & Foster’s Matt Anderson, who co-listed the house with Yeatman Group teammate Kyle Yeatman, also was the seller with wife Michelle. Yeatman said the Andersons, who bought the eight-bedroom and 6½-bath house in 2018 for $984,000, are downsizing locally.
Property records list the buyer as Leah Cottrell. She was represented by Jaimee Fulton with Summit Properties RVA. Chesterfield assessed the property at just over $1 million.
Rounding out the top five for February were, according to the Central Virginia Regional Multiple Listing Service:
117 Matoaka Road, Tuckahoe Terrace, Richmond – $1.59 million. Listing agent: Margaret Wade, Long & Foster; buyer’s agent: Carrie Robeson, Steele Group | SIR.
2409 Park Ave., Richmond – $1.52 million. Listing agent: Drew Roever, Providence Hill Real Estate; buyer’s agent: Robb Moss, Long & Foster.
5401 Cary Street Road, Richmond – $1.4 million. Listing agents: Wayne Gauthier and Austin Gauthier, Joyner Fine Properties; buyer’s agent: Margaret Brown, Re/Max Commonwealth.
The modern-design house at 200 Kanawha Drive was the top area sale in February. (Photos courtesy CVRMLS)
Following months of the priciest homes in the area selling above the $3 million mark, the region’s high-end residential real estate market cooled in February with each of the five top sales coming in at about half that.
Leading the bunch was 200 Kanawha Drive, a 6,600-square-foot modern-design house that sold Feb. 8 for $1.8 million.
The house was listed a month earlier at just under $1.9 million by Blake Eudailey with BHHS PenFed Realty for the family of the late Anne and Mark Sternheimer, who were the home’s owners since it was built in the early 1960s.
Mark Sternheimer, who died in October, was an owner and president of A&N Stores, a Richmond-based retail chain that his family started in the 1860s and he grew to over 60 stores before it shut down in 2008. He also was director of Charles Schwarzschild Jewelers. Anne Sternheimer, a nurse and fellow pilot, died in 2003.
An adjacent 1-acre lot that the Sternheimers also owned was listed separately at $900,000 and purchased by the same buyers for $1 million. The buyers, a married couple relocating locally, made the all-cash deals using separate LLCs for each transaction.
The two-story foyer with floating curved staircase.
The buyers were represented by Darren Brown with The Steele Group | Sotheby’s International Realty.
Brown’s clients competed on the listing with two other offers. The 1-acre house property, near the University of Richmond and Country Club of Virginia, is in the portion of the Westham neighborhood behind River Road Shopping Center at River and Huguenot roads.
Darren Brown
“We knew it would be competitive going into it,” Brown said. “They’ve been searching for quite some time in that corridor, and when this came up, we realized there wouldn’t be a second shot at a property like this.
“This was so unique for Richmond, this mid-century modern with lots of glass,” he said. “It was built like a commercial building, and just the architectural qualities that it had we knew we wouldn’t find again, so they decided this had to be the one for them.”
Totaling seven bedrooms and eight full bathrooms, the 2½-story house’s design was said to be inspired by famed architect Frank Lloyd Wright. A front entry patio with a fountain leads to a two-story foyer with a floating curved staircase, and the living/dining room has a two-story cathedral ceiling, stone fireplace and floor-to-ceiling windows.
The family room also has a stone fireplace and a bar, and the updated kitchen includes a dumbwaiter and opens to a Florida room overlooking the grounds. All of the bedrooms connect to full bathrooms, and the primary bedroom walks out to an upstairs terrace. Other rear terraces overlook the adjacent wooded lot.
Henrico assessed the house property at $1.45 million. The wooded lot was assessed at $103,000.
Eudailey, who went to high school with the Sternheimers’ son Ross, said he received three offers and lots of interest in the house, which he purposely listed separately from, and showed ahead of, the wooded lot.
Blake Eudailey
“I’ve done some similar properties in the past, and I’ve had great success where we break them up and sell them separately. It certainly worked here,” said Eudailey, who worked with the Sternheimers’ daughter Jane on the listings.
“We knew that whoever bought the house was going to want that lot with it, so we put them both on the market at the same time, and we advertised we were going to look at offers for the house on blank date and then advertised for the lot that we were going to look at offers a week later, to make sure it would give the buyer of the house the opportunity to get the lot with it,” he said.
Brown said the additional lot was a necessity for the buyers once they’d zeroed in on the house.
“It was very important to them to have both,” he said. “I think the lot is part of the magic of living over there.”
While he acknowledged the home showed its age, what he described as “1960s vintage,” Eudailey said the design and construction helped sell it.
“It was a cool house. It was ahead of its time,” he said. “Mr. Sternheimer was an engineer, he had all kinds of cool ideas, and he and Mrs. Sternheimer, they made that their dream house that they lived in their whole life. When you went into the basement, you could see steel beams going through it. It was just a solid house.”
The ‘1960s vintage’ house was inspired by the designs of famed architect Frank Lloyd Wright.
Brown, who declined to name the buyers due to their desire for privacy, said they plan to renovate the house and will be documenting their progress on Instagram via the handle “keepingkanawha.”
Coming in as the No. 2 sale for February was 16224 Mitchells Mill Court, a 5,600-square-foot house in Midlothian’s Hallsley neighborhood that sold Feb. 5 at its Jan. 8 list price of $1.7 million.
Long & Foster’s Matt Anderson, who co-listed the house with Yeatman Group teammate Kyle Yeatman, also was the seller with wife Michelle. Yeatman said the Andersons, who bought the eight-bedroom and 6½-bath house in 2018 for $984,000, are downsizing locally.
Property records list the buyer as Leah Cottrell. She was represented by Jaimee Fulton with Summit Properties RVA. Chesterfield assessed the property at just over $1 million.
Rounding out the top five for February were, according to the Central Virginia Regional Multiple Listing Service:
117 Matoaka Road, Tuckahoe Terrace, Richmond – $1.59 million. Listing agent: Margaret Wade, Long & Foster; buyer’s agent: Carrie Robeson, Steele Group | SIR.
2409 Park Ave., Richmond – $1.52 million. Listing agent: Drew Roever, Providence Hill Real Estate; buyer’s agent: Robb Moss, Long & Foster.
5401 Cary Street Road, Richmond – $1.4 million. Listing agents: Wayne Gauthier and Austin Gauthier, Joyner Fine Properties; buyer’s agent: Margaret Brown, Re/Max Commonwealth.
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What a unique mid-century modern gem. Congratulations to the buyers!
I’ve studied Frank Lloyd Wright for decades and don’t see the connection.
My guess would be the custom built-in furniture, but it’s definitely a reach.
I don’t either, but it probably didn’t hurt the marketing of the property.
Will definitely be following this reno.