143-acre sale, two $3M deals lead residential real estate transactions in April

8703 River Rd 2

The property includes parcels on both sides of the canal and 3,800 feet of river frontage. (Photos courtesy CVRMLS)

While a $9 million deal for nearly 150 acres in western Henrico could not be beat, the area’s high-end housing market saw several other multimillion-dollar sales in April, including for two homes in the city around the $3 million mark.

The month’s top sale was 8703 River Road, a 143-acre tract immediately east of the Roslyn Retreat Center that sold April 10 to a mystery buyer who made the purchase through an LLC.

Whit Wall with The Steele Group | Sotheby’s International Realty had the listing, which hit the market in late February with an asking price of $8.25 million. Wall represented the sellers, who are members of the Reed and Espinosa families. The buyer was represented by Scott Ruth and Scott Shaheen of Shaheen, Ruth, Martin & Fonville Real Estate.

The property includes an 1,100-square-foot house built in 1948 and 3,800 feet of river frontage. Its two parcels are assessed by Henrico at $3.25 million combined, with a total land-use value of $926,500.

1833 Monument Ave

The house at 1833 Monument Ave. was built in 2007 and renovated in 2021.

The month’s second-highest sale was 1833 Monument Ave., a 6,000-square-foot home built in 2007 that sold April 14 for $3 million. It was listed in September at $2.75 million and was put under contract two weeks later.

Steele Group | SIR agent Debbie Gibbs had the listing for seller Lisa de Wolff, a travel consultant. Long & Foster’s Margaret Wade represented the buyer, who purchased the home with an LLC.

Totaling five bedrooms and bathrooms, the four-level house is described in the listing as “one of the only newly constructed houses on this section of” Monument Avenue. It was built by Clark Robins, designed by Henry Tenser and renovated in 2021 with the addition of a plunge pool and hot tub.

The property includes a two-car garage and an elevator. The 0.11-acre property is assessed by the city at $2 million.

121 E Hillcrest Ave

The house at 121 E. Hillcrest Ave. was built in 1930.

Coming in at No. 3 was 121 E. Hillcrest Ave., a West End home that sold April 11 for $2.92 million, above its February list price of $2.79 million.

Property records list the buyers as John and Berkley Cain. They were represented by SRMF agent Betts McGurn King. SRMF’s Doug Dorsey represented the seller, who was not listed in records available online.

Totaling 5,000 square feet, the house has five bedrooms and 4½ bathrooms and was designed by C.W. Huff Jr. The property includes landscaping designed by Charles Gillette, and the house has a walk-in basement with a wine cellar. The 1.7-acre property is assessed by the city at $2.2 million.

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

203 Kinloch Road, Kinloch, Goochland – $2.4 million. Listing agent: Pam Diemer, Long & Foster; buyer’s agent: Beth Lane, Metropolitan Real Estate Inc.

207 Queen Charlotte Road, Windsor Farms, Richmond – $2.3 million. Listing agent: Margaret Wade, Long & Foster; buyer’s agent: Caleb Boyer, Providence Hill Real Estate.

8703 River Rd 2

The property includes parcels on both sides of the canal and 3,800 feet of river frontage. (Photos courtesy CVRMLS)

While a $9 million deal for nearly 150 acres in western Henrico could not be beat, the area’s high-end housing market saw several other multimillion-dollar sales in April, including for two homes in the city around the $3 million mark.

The month’s top sale was 8703 River Road, a 143-acre tract immediately east of the Roslyn Retreat Center that sold April 10 to a mystery buyer who made the purchase through an LLC.

Whit Wall with The Steele Group | Sotheby’s International Realty had the listing, which hit the market in late February with an asking price of $8.25 million. Wall represented the sellers, who are members of the Reed and Espinosa families. The buyer was represented by Scott Ruth and Scott Shaheen of Shaheen, Ruth, Martin & Fonville Real Estate.

The property includes an 1,100-square-foot house built in 1948 and 3,800 feet of river frontage. Its two parcels are assessed by Henrico at $3.25 million combined, with a total land-use value of $926,500.

1833 Monument Ave

The house at 1833 Monument Ave. was built in 2007 and renovated in 2021.

The month’s second-highest sale was 1833 Monument Ave., a 6,000-square-foot home built in 2007 that sold April 14 for $3 million. It was listed in September at $2.75 million and was put under contract two weeks later.

Steele Group | SIR agent Debbie Gibbs had the listing for seller Lisa de Wolff, a travel consultant. Long & Foster’s Margaret Wade represented the buyer, who purchased the home with an LLC.

Totaling five bedrooms and bathrooms, the four-level house is described in the listing as “one of the only newly constructed houses on this section of” Monument Avenue. It was built by Clark Robins, designed by Henry Tenser and renovated in 2021 with the addition of a plunge pool and hot tub.

The property includes a two-car garage and an elevator. The 0.11-acre property is assessed by the city at $2 million.

121 E Hillcrest Ave

The house at 121 E. Hillcrest Ave. was built in 1930.

Coming in at No. 3 was 121 E. Hillcrest Ave., a West End home that sold April 11 for $2.92 million, above its February list price of $2.79 million.

Property records list the buyers as John and Berkley Cain. They were represented by SRMF agent Betts McGurn King. SRMF’s Doug Dorsey represented the seller, who was not listed in records available online.

Totaling 5,000 square feet, the house has five bedrooms and 4½ bathrooms and was designed by C.W. Huff Jr. The property includes landscaping designed by Charles Gillette, and the house has a walk-in basement with a wine cellar. The 1.7-acre property is assessed by the city at $2.2 million.

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

203 Kinloch Road, Kinloch, Goochland – $2.4 million. Listing agent: Pam Diemer, Long & Foster; buyer’s agent: Beth Lane, Metropolitan Real Estate Inc.

207 Queen Charlotte Road, Windsor Farms, Richmond – $2.3 million. Listing agent: Margaret Wade, Long & Foster; buyer’s agent: Caleb Boyer, Providence Hill Real Estate.

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george macguffin
george macguffin
4 days ago

Monumentless Ave.is more than ripe for a few Thomas J. Price “pieces”.

Arnold Hager
Arnold Hager
4 days ago

How come they haven’t changed the name of the street yet? The word “monument” must trigger some people with a memory.
You may be on to something. They are likely planning to shock the world.

Michael Boyer
Michael Boyer
4 days ago

What’s next to go,the pavers?