River Road-location residence subsequent to priciest property sale lists for $2.5M

The colonial-design household at 3 Greentree Generate has been stated for $2.5 million. (Photographs courtesy of CVRMLS)

Future door to the priciest residential house to promote in metro Richmond in new memory, a 54-year-old home along western Henrico’s River Highway corridor is hitting the current market with its possess multimillion-greenback price tag.

The 7,400-sq.-foot mansion at 3 Greentree Generate, off the south facet of River Highway just east of Collegiate Faculty, was listed Wednesday with an asking value of $2.49 million.

Lengthy & Foster’s Richard Buckingham has the listing, symbolizing sellers Doug and Palmer Garson. Doug is a co-founder of KME3 Consulting, a business enterprise coaching firm. Palmer is a handling director at Silvercrest Asset Administration Team.

The couple has owned the residence considering the fact that 1998, when they acquired it for $877,000, Henrico residence information show. The county most a short while ago assessed the around 3-acre assets at $1.36 million.

Buckingham stated the Garsons have updated the home about the years with interior and exterior renovations. He said they are downsizing to River Road’s Randolph Square, a subdivision farther west, just about the Goochland County line.

The a few-stage home consists of a lower level that opens out to a pool.

“The dwelling has been very nicely-taken care of,” Buckingham stated. “They set a brand name-new kitchen in about 8 many years back. They redid the hardscape the pool’s been redone.”

Buckingham, whose listings in excess of the yrs have bundled Richmond’s Windemere mansion, said he priced the Greentree household according to comparable revenue in that part of the county and in Richmond, preserve for one particular noteworthy nearby deal: final year’s $10 million sale of the 261-acre Glen Roy estate that is adjacent to the listing.

“It does not have all that acreage — the true price on that residence was the land — but 3¼ acres is not negative possibly,” Buckingham said. “Once you get in the residence and see all the details — the mantles and the trim — it is just seriously in excess of the prime.”

Built in 1967 for C. Braxton Valentine Jr., a regional attorney and member of Richmond’s Valentine relatives, the two-tale brick colonial has 5 bedrooms, 6 loos and two 50 percent-baths.

The to start with and 2nd flooring aspect nine-foot ceilings, and a reduce degree opens up to the pool and hardscapes. The home contains a wine chiller, screened porch and four fireplaces, and the residence also has a very hot tub and children’s playhouse.

The present owners up to date the kitchen.

Buckingham reported the dwelling would charm to family members looking to be in the Collegiate and Douglas Freeman substantial school districts. He said the property’s acreage also would appeal to prospective buyers desiring a secluded location with obtain to nearby Chippenham Parkway.

Buckingham entered the listing into the Central Virginia Regional Numerous Listing Company as a “coming soon” assets just forward of the Memorial Day weekend. He reported the sneak-peek technique, together with an agents’ preview party he held more than the weekend, helped produce buzz. He claimed showings start out Thursday, with 5 previously lined up.

The dwelling is the 2nd 7-determine listing with ties to the Valentines in the latest yrs. In 2019, the house of Virginia Valentine and the late E. Massie Valentine — Braxton’s brother — was similarly outlined at $2.49 million and later on sold for $1.67 million.

The Greentree residence is on a wooded 3-acre lot.

The Greentree dwelling also is in the vicinity of other properties that have been outlined and offered at or all over the $2 million mark.

A few yrs back, an 11,800-sq.-foot house at 8 Berkshire Push sold for $2.04 million. A neighboring, lesser property at 5 Lancaster Lane offered in 2017 for $1.3 million and all over again in 2019 for $1.45 million. An 8,000-square-foot colonial at 221 Dryden Lane was mentioned in 2015 for $3.49 million but hardly ever offered.

The Greentree residence joins other multimillion-greenback listings together the River Street corridor. Farther east towards the metropolis, the 7-acre Fairfield mansion at 211 Ross Highway is shown at $3.45 million following originally hitting the sector a few several years back with a $6 million price tag.

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