A new condo in an ongoing Monument Avenue development fetched $1.3 million late last month, taking the title of May’s highest-priced home sale. And coming in right behind it was a large home just off River Road.
Residential Real Estate
After nearly abandoning the 70-unit condo building they opened in 2008, a trio of developers has seen the project make a full recovery from the recession with just one unit left on the market.
A residential development proposed for 50 acres in Ashland that was first proposed more than a year ago is still in the hands of the town government and continues to face opposition.
After more than 60 years as home to one of Richmond’s most prominent families, a property just off River Road is back on the market.
The notorious developer’s deteriorating home in Richmond’s Hampton Gardens neighborhood has once again dodged a scheduled foreclosure auction.
After buying a residential project dropped during the recession, a local homebuilder is getting things moving again in the 55-and-up development.
A local real estate executive’s $2.1 million purchase of a riverside property led the way for last month’s high-dollar home sales. Other properties on the list include a Monument Avenue mansion and several million-dollar homes in the suburbs.
The annual Homearama event kicked off last week, a showcase of nine homes each built and designed by different local firms.
As Henrico County’s supply of developable land decreases, a builder is turning to a large plot near a topped-off landfill for its next project.
Another multimillion-dollar home has hit the market in Manakin-Sabot, this time a 45-acre estate that includes a guest home, tavern, pool and equestrian facilities.