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Sale Pending

5407 Cary Street Rd, Richmond, VA, 23226

$9,500,000

7 Bedrooms
7 Full Baths, 3 Partial
12,594 SqFt
$754/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Detached, Finished Garage, Garage, Garage Door Opener, Guest, Heated Garage, Off Street, Other
Garage2 spaces
Year Built1916
HeatingGeothermal, Natural Gas, Zoned
CoolingCentral Air, Geothermal, Zoned
BasementYes
FireplaceGas
MLS #2414895
Lot Size2.20 Acres
StatusSale Pending
(Pending)

About 5407 Cary Street Rd

Welcome to a truly exceptional property in the heart of Richmond. 5407 Cary Street Road was built and designed by famed architect Duncan Lee in 1916 as a weekend retreat. The historic family home is situated on over two acres in the heart of Richmond, and well known by many. The iconic home underwent one addition in 1928 and remained untouched until the large scale renovation and addition, completed in 2016, including extensive landscaping. The first level features generous original formal rooms, a Garden Room with original bar and fountain, and Library. The well appointed Chef's kitchen connects the kitchen, family room, gaming, and outdoor spaces. The second level features six ensuite bedrooms with walk in closets, a generous laundry room with a center marble topped island, and a bunk room. The lower level features a media/game room, full bar, extensive custom cabinetry, exercise room, and a private ensuite bedroom, perfect for an au pair. The home has a geo-thermal system, Wolf and Sub-Zero appliances, bright windows, marble finishes, conditioned attic, two Rinnai hot water heaters, heated bathroom floors, and built-in elevator shaft that spans all three floors. The master en-suite features a sitting room, deep soaker tub, dressing room, and storage closet. The original veranda overlooks the expansive property, fountain, well maintained gardens, and Hillbrook garden house located aside the irrigated family garden. This unique once-in-a-lifetime home offers a serene and sophisticated lifestyle against a historic backdrop, and was featured in the Historic Garden Week in Virginia Tour in 2019.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1916
  • Stories: 3
  • Living Area: 12,594 SqFt

Listing Office:

  • Office Name: The Steele Group
  • Office Phone: (804) 282-3136
  • Listing Agent: Susan Benson

Interior Features

Interior Information:

  • Appliances: Double Oven, Dryer, Dishwasher, Freezer, Gas Range, Disposal, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Wine Cooler, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Marble, Tile, Wood
  • Interior: Wet Bar, Bookcases, Built-in Features, Butlers Pantry, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Solid Surface Counters, Cable TV, Walk-In Closet(s), Window Treatments
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sprinkler/Irrigation, Lighting, Porch, Breezeway, Gas Grill

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Circular Driveway, Detached, Finished Garage, Garage, Garage Door Opener, Guest, Heated Garage, Off Street, Other

Lot Features

Lot Information:

  • Lot: Landscaped, Level
  • Lot Size: 2.20 Acres

Utilities

Utilities Information:

  • Heating: Geothermal, Natural Gas, Zoned
  • Cooling: Central Air, Geothermal, Zoned

School Info

Assigned Schools Information:

  • Thomas Jefferson High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Albert Hill Middle School, Public District Grades 6-8
  • Mary Munford Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: WEST ON CARY ST. RD, PASS WILTON RD, TURN LEFT INTO RESIDENCE

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,500,000
  • Price Per SqFt: $754/SqFt

Tax Information:

  • Annual Amount: $38,868
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$350K

Med. Price/SqFt

$221

Avg. Days On Market

20

# of Sold Homes

417

5407 Cary Street Rd vs Richmond

30 DAYS ON ROCKET

+10 Days

$9,500,000

+$9.1M More

$754/SqFt

+$533 More

KEY TAKEAWAY

This property is $9.1M more than the Median Sold Price and $533/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2414895

Listing Office:

  • Office Name: The Steele Group
  • Office Phone: (804) 282-3136
  • Listing Agent: Susan Benson

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2024, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 30, 2014Home Sold
$1,600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$38,868$3,306,000
2020$25,128$3,239,000
2019$22,956$3,058,000
2018$21,504$2,937,000

History based on county public records data.

Payment Calculator

$47.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2649902
6
/10
  • Mary Munford Elementary School

  • 211 Westmoreland St

  • 1.01 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2649903
2
/10
  • Albert Hill Middle School

  • 3400 Patterson Ave

  • 1.99 miles

  • Public District Grades 6-8

High School

school-card-donut-2649904
5
/10
  • Thomas Jefferson High School

  • 4100 W Grace St

  • 1.71 miles

  • Public District Grades 9-12

school-card-donut-2649905
9
/10
  • Open High School

  • 600 S Pine St

  • 4.20 miles

  • Public District Grades 9-12

school-card-donut-2649906
9
/10
  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 4.79 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $196,667. Typical income of Richmond, VA residents is $200k+ annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5407 Cary Street Rd

What is the listing price of this property?

The listing price of 5407 Cary Street Rd property is $9,500,000.

What type of property is this?

The property 5407 Cary Street Rd is a house located in Richmond, Virginia, 23226.

Is this property for sale now?

Sale Pending: 5407 Cary Street Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5407 Cary Street Rd are:
Mary Munford Elementary School: GreatSchools Rating 6/10
Albert Hill Middle School: GreatSchools Rating 2/10
Thomas Jefferson High School: GreatSchools Rating 5/10
Open High School: GreatSchools Rating 9/10
Richmond Community High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $38,868 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 30, 2014 for $1,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5407 Cary Street Rd has 7 bedrooms and 7 full and 3 half bathrooms.

What is the square footage of this property?

The property 5407 Cary Street Rd is 12,594 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5407 Cary Street Rd is 1916.
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Rocket HomesVirginiaHenrico CountyRichmond232265407 Cary Street Rd

This home is located at 5407 Cary Street Rd in Richmond, VA and zip code 23226 in the Wilton neighborhood. This 12,594 square foot home, which was built in 1916, sits on a 2.20 acre lot. Features: 7 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $9,500,000.

While more than 217 listings in Richmond, VA in June 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 104 were sold below. The number of listings in Richmond, VA decreased by 2.4% between May 2024 and June 2024. While the average time on the market in June 2024 was 20 days, the median list price was $350,001.

From Rocket Homes Real Estate and based on county public records data.

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