![West End mansion sells for $7.5M, over $1M more than it sold for last year 1 5105 Stratford Crescent Cropped](https://richmondbizsense.com/wp-content/uploads/2024/08/5105-Stratford-Crescent-Cropped-300x165.jpg)
The sale came two weeks after a nearby mansion apparently tied to this one set a new high mark for residential sales in the city.
The sale came two weeks after a nearby mansion apparently tied to this one set a new high mark for residential sales in the city.
Since submitting its plans to the city two years ago, Center Creek Homes has put the homes under contract and tweaked the project to include rear garages with accessory dwelling units.
The buyer appears to be tied to another nearby mansion that was purchased last fall and put up for sale late last month.
“The market’s gotten more challenging, so I’ve been proactively reaching out to homeowners in certain areas where my buyers are looking,” said agent Laura Peery, who brokered the deal near CCV’s James River course.
“They just want to do something different,” agent John Martin said of the mystery seller, who listed the Hampton Gardens home for a half million dollars more than they bought it for 10 months ago.
The proposal from Center Creek Homes would retain the existing house and adds to two other residential infills in the works a block away.
Local developers Jeremy Connell and Julie and Paul Weissend are teaming up on the project, which is planned behind a six-unit infill that’s under construction.
HHHunt Communities, which is working with homebuilder Schell Brothers on Astoria, has submitted plans for two new sections that would add 475 more homes to the 670 already approved.
With an offer at over $800,000 above asking price, “It went under contract before anybody saw the house,” listing agent Annemarie Hensley said.
The Real Brokerage has tripled its Richmond-area agent count since February with recent additions including Dave Seibert Real Estate Group and River City Elite Properties.
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