The land purchase is more than triple what a previous group consisting of some of the same developers paid for the 10-acre site a year ago.
Residential Real Estate
670-acre estate tops Windsor Farms house for priciest home sale last month
About $2 million and 670 acres separated the top two priciest area home sales in November.
Local builder pays $26M for site planned for 800-home Swift Creek Station project
The 230-acre site near the Hull Street Road-288 interchange was approved five years ago for the mixed-use development, which Main Street Home’s Vernon McClure said will cost $400 million.
670-acre Orapax property in Goochland sells for $5M
Described as the largest public hunting preserve on the East Coast, Orapax has hosted numerous events over the years, including for Benedictine Schools and menswear brand Ledbury.
260-home project on Swift Creek Reservoir clears first zoning hurdle
Behind the project is Powhatan-based Cross Creek Development Corp., which intends to develop Thacker’s View in a joint venture with the Thacker family that owns the land
Eight-home infill to replace condemned apartments in Church Hill North
Developer Walid Daniel and builder Bill Pangburn are finishing up the first two of the townhomes that are filling a vacant spot along North 33rd Street, and replacing an area eyesore in the process.
$3M Westhampton-area deal topped area home sales in October
A mystery buyer snagged the top sale along Three Chopt Road, while a pair of lawyers purchased the second-priciest home from an LLC tied to a local moving and storage company.
Pair of West End homes hit market with $4M price tags
“Looking at recent comps, some off-market but mostly on-market, Richmond has been on fire,” said agent Margaret Wade, who listed both homes and recently sold another at $3 million.
$2M deal near Collegiate tops area home sales for September
The seller was a director at plumbing and HVAC distributor Ferguson Enterprises. A new-construction home on Riverside Drive was the month’s second-highest sale.
Restored replica of 18th-century New England house hits market in Midlo
The 50-year-old house in Midlothian’s Huguenot Hundred neighborhood is a replica of the Ashley House, a 1730s-era dwelling that restorer Okey Turner knew from his time in Massachusetts.