Previously tied to one of the families behind a local Fortune 500, the century-old mansion was only the third-priciest sale in December, coming in behind two other multimillion-dollar deals.
Residential Real Estate
RRHA planning rehab after acquiring Grace Place Apartments building downtown
The housing authority is eyeing a refurbishment of the 11-story, 58-unit building, which was evacuated four days after it announced the acquisition due to a pipe burst that flooded units.
Sauer planning 780-home mixed-use development near VCC
The project would span 93 acres south of Virginia Center Commons and also include industrial, office and retail space.
Lone holdout homeowners stand firm in middle of prime Manchester site
There’s a catch for whoever wins the right to transform TForce Freight’s four contiguous city blocks: they’ll have to work around Erik Colley and Lacey Cooke.
Open House: The highest-priced home sales of 2022
A retired tobacco executive’s moves from the city to the country and back again can be traced through three of the priciest homes sold in the Richmond area this year, though none of them made the top spot on this list.
Nearly 10,000-square-foot home under construction in Windsor Farms
The new home, a rarity in the largely built-out neighborhood, is replacing a smaller house that was recently demolished.
Two dozen townhomes planned for Dominion-owned site near the Fan
A Washington, D.C.-based developer is under contract to purchase of one of the roughly 5 acres just south of the Fan that Dominion Energy put on the market last summer.
The city deeded 15 properties for low-income housing. Only half are buildable, nonprofit says
The Maggie Walker Community Land Trust is seeking to return six of the parcels back to the city, after having spent a $20,000 grant on engineering and legal fees to assess the properties.
November’s top five home sales included not one but two 18th-century homes
A 1700s-era home in Goochland rounded out last month’s list, which was led by the reconstructed Fairfield mansion in western Henrico.
Local real estate brokerages join forces
“We have very similar philosophies and mindsets. Even our logos are kind of similar if you put them side by side,” said Clocktower Realty’s Rhonda Carroll of her brokerage’s combination with One South Realty Group.