While two of the biggest area home sales in years led the pack of the priciest residential real estate deals in October, the month also saw two other transactions that reached the multimillion-dollar mark.
A longtime fixture in Richmond’s architecture scene is giving up his business, but not his drafting table just yet.
The 2-year-old brokerage is preparing to open a new office on Midlothian Turnpike, in a building its owners purchased last month.
The sale in Hampton Gardens topped Richmond’s previous priciest seller at CCV and came two days after the most expensive deal in the region in years.
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.
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