The for-sale homes would replace a former nursing home building on the site and be priced north of $350,000 each.
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“It’s not that there’s no inventory. It’s how quickly it’s being absorbed,” said Laura Lafayette, CEO of the Richmond Association of Realtors.
Snagajob founder Shawn Boyer snagged the No. 1 and No. 3 highest-priced deals by selling his Hanover home and buying a Rivergate estate in Goochland.
Shaheen, Ruth, Martin & Fonville Real Estate purchased Select Properties of Virginia, a 21-agent brokerage with offices in Richmond and the Northern Neck.
Moneymaker Properties has started work on the last homes planned for Creek’s Edge at Stony Point, a gated townhome development started in the late 2000s by Steve Middleton.
A 60-unit apartment building would rise at the northeast corner of East Leigh and North Second streets, replacing a parking lot across from the Maggie L. Walker National Historic Site.
The $21 million sale of industrial property in Chesterfield is the top deal this week.
The nearly 180-year-old mansion at 1 W. Main St., named for the Pulitzer Prize-winning novelist, is being marketed as a residential listing as well as a commercial opportunity, as the property’s zoning allows both by right.
The redeveloped building, which has 10-year leases with The HofGarden bar and Peter Chang’s restaurant, has a deal pending just days after it was listed.
With the final nail hammered on the last of four new homes they developed around the oldest house in Byrd Park, a local residential development duo is turning their attention to their next infill project on the other side of the river.