Residential Real Estate

Originally listed for $2.2 million, a house and 5-acre fairway plot were split up into two properties and both quickly sold, with the home fetching $1.16 million.

From a Rocketts landing townhome to a 200-acre farm, Richmond’s residential real estate market continued to churn out million-dollar deals each month in 2015. And one local couple’s house hopping made for a home sale hat trick this year.

The first homes in a development off of Forest Hill Avenue are getting out of the ground, and about a quarter of the houses are already spoken for.

Encouraged by last year’s sales of two homes in the neighborhood, a developer is raising seven more in Church Hill to be priced at about $400,000.

A large home in Windsor Farms landed at the top of last month’s residential sales, edging out a Manakin-Sabot house and exceeding its original listing price by more than $200,000.

As it continues to struggle with the town of Ashland over a large residential proposal, a developer has received the first green light in the county for a much less dense subdivision, with about 40 homes on 260 acres.

The former VCU basketball coach’s property in the Fan, listed for nearly $1.5 million earlier this year, has been taken off the market, along with a 45-acre equestrian property that had already cut its asking price by $400,000.

A 477-acre farmland estate along the river near Rocketts Landing has hit the market, and with another massive project approved nearby, it’s being pitched as a development and potential mining site.

With features that include a heated pool and floor-to-ceiling windows, a large house overlooking the James River valley has hit the market with a price tag of nearly $2 million.

After handing off much of his land and employees to a Northern Virginia company, a local builder has left his post-merger position to restart his original firm from scratch.