A 200-year-old reconstructed home near the University of Richmond is being sold by members of a notable Richmond family. “Windward,” a reconstruction of a Federal period dwelling that was relocated from Dinwiddie County nearly a century ago to 1 S. Ridge Road, hit the market on Wednesday for $2.9 million. The nearly 10,000-square-foot home, at… Read more »
Residential Real Estate
Tiber enters Chapter 11
After dodging a foreclosure auction and weeks of negotiations with would-be residents, the developer of a stalled West End condo project has entered Chapter 11 bankruptcy. Tiber Partners LLC, the embattled ownership group behind the delayed Tiber condos at Libbie and Guthrie avenues, on Wednesday was ordered to enter bankruptcy protection. The ruling comes… Read more »
Developers scale back proposed Scott’s Addition towers
One of the most talked-about projects proposed in Scott’s Addition has been revised with a new look and fewer stories. Plans for two 10-story towers proposed for a 2.5-acre site at 1400 Roseneath Road have been revised and reduced in height by developers Louis Salomonsky and David White of Historic Housing LLC. The latest proposal,… Read more »
Stalled home lands builder in legal dustup
A Henrico-based builder is being sued by two homebuyers alleging his company failed to build their Wyndham-area home on time, and that the company has abandoned construction on other homes in the same neighborhood. Romm Custom Homes is one of two defendants named in a lawsuit filed last month in Henrico Circuit Court by Mandar… Read more »
Former Genworth CEO lists West End mansion for $6M
The former CEO of a local Fortune 500 is selling his Cary Street Road home for just under $6 million. Michael Fraizer, former chief executive of Genworth Financial, put his 8,200-square-foot Tudor-style home at 5115 Cary Street Road on the market June 3 for $5.97 million. The 3.4-acre property in Richmond’s West End was listed… Read more »
Kinloch scores two more top home sales
Goochland County’s Kinloch community continues to rack up some of the Richmond area’s highest-priced home sales. The lakeside community sandwiched between the Kinloch Golf Club and Hermitage Country Club saw two of the top five home sales in May, according to data from the Central Virginia Regional Multiple Listing Service. The top seller was 835… Read more »
Homearama begins in Hallsley
An indoor spiral slide. A secret cigar parlor. A climbing wall. A practice golf green. Yes, we’re talking homes here. Those are some of the standout features showcased in this year’s Homearama, which kicked off this weekend in Chesterfield County’s Hallsley community and continues daily through June 19. The annual event features nine custom homes… Read more »
Eagle arm rebrands as Precision Realty
The residential resale arm of a Richmond real estate behemoth is leaving the nest – but not the tree – of its parent company. Eagle Realty of Virginia, part of a family of real estate firms under the Eagle banner, has rebranded as Precision Realty. The 10-person brokerage has moved out of Eagle’s headquarters at… Read more »
Another out-of-town homebuilder wants a piece of Richmond
What started as a request for advice from a local homebuilder has lured a Delaware-based builder to the Richmond market. Schell Brothers is preparing to start work locally, making its first expansion southward with the help of Shane Burnette, co-founder and former partner of Midlothian-based Perkinson Homes. Burnette, who is leading the local effort as… Read more »
Housing group awards Golden Hammers
Four local revitalization projects were recognized with Golden Hammer Awards by the Better Housing Coalition at an event last week. The annual awards, which recognize contributions to thoughtful revitalization of Richmond-area neighborhoods, went to developers behind a restored 19th-century building in Church Hill, a modernist house in Jackson Ward, a preserved house in Union Hill,… Read more »