Working on a rare piece of undeveloped land within the city, a developer is beginning site work on the first batch of townhomes set to rise in Forest Hill.
Residential Real Estate
The convicted developer’s grand West End home – now a massive eyesore condemned by the city – is once again scheduled for auction as its owner serves his 16-year sentence.
A recent agreement between a local real estate association and a national listing company helped prevent Richmond-area brokers and agents from seeing their properties go dark on at least two popular websites.
The key witness in the McDonnell trial and founder of a dietary supplement company has put his 14,000-square-foot Goochland home on the market with a nearly $5 million price tag.
A newly built and highly customized town house with views of the James River capped last month’s local home sales at nearly $1.9 million. And coming up shortly behind it was a behemoth River Road home with a large unfinished basement.
The owners of a home in Powhatan filed for bankruptcy last week, stalling the foreclosure of their 12-acre property. The riverfront home and a larger tract of land around it have been on the market for more than a year, and this isn’t the first time it has been on the auction block.
A stretch of modern homes that stand out among the historic rowhouses that surround it in the Fan closed its final sale this week.
A condo development on Lombardy Street stalled by the recession is back on the table following a $2.3 million sale of the property.
A 300-home expansion of an existing subdivision in Henrico County has continued to get pushed back by the developer as it addresses concerns from the Planning Commission and nearby residents.
Development projects are moving forward at Church and Pump roads in Henrico County, and the latest plans by a large local developer could add a $20 million residential community to the crossroads.