The 12,500-square-foot mansion went to a director at UR’s investment arm and a travel advisor who relocated to the area from Connecticut.
Residential Real Estate
Three-building downtown apartment portfolio sells for $29M
The seller, locally based Levco Management, had purchased the buildings and their 126 units between 2015 and 2018 for a total of $18.5 million.
Developer plans homes near Wyndham as it reworks adjacent Goochland project
Markel | Eagle Partners withdrew its request for a rezoning for age-restricted homes between Pouncey Tract Road and Quarry Hill Road, while it continues with plans for an 80-home subdivision across the border in Henrico.
Lee School Lofts in Museum District now on third owner after $10M sale
“We love these older, pre-war deals that are well-constructed to a standard that just can’t be replicated in the modern economy,” the buyer said.
Chesterfield County approves grant agreement for $323M surf pool-anchored development
Developer Brett Burkhart called the board’s vote a “major milestone” and said it was the final piece needed to get the years-in-the-making project moving.
Guest Commentary: ‘Moaning over the loss of a great view will solve nothing’
In Manchester, the folks at Legend Brewing Co. are understandably concerned about a high rise proposed across the street.
Stonebridge apartments sell for $96M
The deal for the 400-unit complex in northeastern Chesterfield comes out to $240,000 per door.
Walnut Hill estate in Rockville hits market for $2.6M
A retired tobacco executive is selling the estate that was once the homestead of the late philanthropists Harwood and Louise Cochrane.
Plan for 92 homes near Harvie Elementary advances in Henrico
Once proposed for as many as 140 homes, the agricultural site along Goodell Road is near Harvie’s intersection with a stretch of Laburnum Avenue that’s seen investments by the county in recent years, including construction of the Eastern Henrico Recreation Center and the new Fairfield Area Library.
Church Hill site planned for condos goes back on the market for $1.8M
Zac Frederick’s Crescent Development listed 2018 E. Broad St. for sale earlier this month, with approved plans and permits included for an 18-unit project.