Richmond house slashes asking price by $100,000 – But it’s still worth millions

January 7, 2024 by No Comments

One of Richmond’s most expensive properties has just slashed $100,00 off its asking price. Despite this, it still costs millions. Listed on Zillow, this was originally priced at $1,495,995 last year before recently dropping the price to $1,395,995. Interestingly, the last time this home sold was in 2004 for $600,000 which shows just how much the Richmond real estate market has risen over the past 20 years.

This Fan-style townhouse is located on Arthur Ashe Boulevard and blends modern living perfectly with its original features when the house was built back in 1913. This property has 5 bedrooms, 4 bathrooms, and 4,239 sqft of living space. It’s also filled with bags of character.


Some of the more interesting points of this property include the 3rd-floor loft which is currently used as a den, as well as the 2nd-floor balcony and ample backyard space. From an interior design perspective, you can also tell that the house has been well-dressed and certainly looks the part.


Interestingly, the house also includes a 2 bedroom, 1 bathroom basement which can be used as a standalone apartment as well as a studio space with kitchen and bath. These two spaces are currently rented out which shows this property could also be used to earn a decent return as well as being a nice family home.

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