Residential Real Estate

Since expanding into the Richmond region last October, the company has purchased 14 homes in Chesterfield, Henrico and the city, according to a BizSense review of property records. 

The property and its 21,000-square-foot mansion was purchased through a Florida-based LLC. It was previously the home of Rick Sharp, the late Circuit City CEO and CarMax founder.

The 6,100-square-foot house was the month’s priciest sale at over $2.1 million, edging out four other sales that were each separated by $100,000.

Get a glimpse of BizSense’s first annual state of the market event featuring a panel of residential real estate experts, presented by the Home Building Association of Richmond.

The group behind the project include the founders of Henrico-based Legacy Land Development and a former division manager for Ryan Homes, Legacy Land’s preferred builder.

A vacant lot along Monument Avenue is planned for a three-story apartment building, while a site in the middle of a block farther west is being eyed for a six-home development.

Denver-based Richmond American Homes is making its entry into the market with two dozen home sites at Harpers Mill in Chesterfield.

Eagle Construction of VA has completed its first house at The Blufftons, a 29-home subdivision with half-acre lots and seven-figure homes it’s building on spec.

Former chief executives for Brink’s and Southern States led the pack of the priciest home purchases last month.

A Charlottesville developer has revealed its plans for the 2-acre site it purchased earlier this year for $3 million.