With at least one home selling for more than $1 million almost every month, 2014 was a busy year for high-end residential sales. Mansion sales topped out this year at more than $3.6 million when the estate of two local philanthropists sold to an exec from a Fortune 500.
Residential Real Estate
A development and building firm is unveiling some updated home designs for its latest subdivision, a 60-acre single-family project in Chesterfield County.
After raising more than $70 million, a Seattle-based residential real estate company is moving into the Richmond market.
Three homes on Monument Avenue sold for more than $1.5 million last month, including the former home of convicted developer Billy Jefferson. And a 100-year-old house was purchased by the former head of a local Fortune 500.
A residential real estate firm will soon hoist the Berkshire Hathaway flag, and its new name will also reflect a recent acquisition by another realty company.
A home in Jackson Ward was falling apart when a nonprofit bought it for $17,000 earlier this year. After months of work, the 19th century house will soon be inhabitable again after years of vacancy.
After more than 20 years, a home builder is breaking ground on the final batch of lots in a River Road development.
The two highest-priced homes sold in the area in October were a mansion in the Meadows community of Manakin-Sabot and a 200-year-old Midlothian armory.
Imprisoned developer Billy Jefferson’s former home sold last week after about six months on the market.
The Goochland County estate of a prominent local family is for sale, dwarfing recent residential sales in both size and price.