Residential Real Estate

The sellers include the CEO of a publicly traded company, a former insurance brokerage president and a trust for Richmond’s late “father of the riverfront.”

Avery Point, which at completion will span up to 1,400 residential units on a 94-acre campus in West Creek, expects to open a 103-unit apartment building called Wilton Crossing this summer.

The latest rankings put two out-of-town firms, both from Northern Virginia, in the top three of the Richmond region’s most productive homebuilders.

Richmond’s high-end home market started the year off with a bang, with a local CEO paying nearly $4 million in cash for the house in the gated Goochland community.

UrbanCore Construction is looking to build the townhomes on what’s now parking lots for Great Hope Baptist Church along Venable Street.

The half-acre site just west of Cowardin Avenue is one of five sites that the city declared surplus and made available for development of low-income housing through the Maggie Walker Community Land Trust.

The project from local developer Dorado Capital would fill 30 acres on the north side of Nine Mile Road behind a new Henrico County fire station that’s under construction.

The month also saw a tie for the third-priciest sale and an out-of-town purchase of an 18th-century house on 300 acres in Goochland.

The year saw some of the priciest home listings and sales in Richmond in years, but it was a pair of estates with sizable acreage in the counties that topped this year’s list.

Housing nonprofit Project:Homes is behind the $20 million project, which will rise five stories and replace a century-old former coal storage facility on the site.