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9131 James Riverwatch Drive
Richmond, VA 23235
Caleb Boyer with Providence Hill Real Estate, original listing - (804) 512-4999
$2,375,000
Conventional
Property
Bedroom
5
Bathroom
Full: 5, ½: 2
Property Type
Conventional
Square ft
6942 Square Feet
Property Description
Welcome to 9131 James Riverwatch Drive, a custom-built Craftsman home that offers unparalleled elegance and modern conveniences. Located in Richmond's exclusive James Riverwatch community, this exquisite residence is perfectly situated between Huguenot Road and Willey Bridge, providing easy access to downtown Richmond and the riverfront views of the James. Spanning nearly 7,000 square feet, this 5-bed, 5-full-bath, and 2-half-bath home is a masterpiece of meticulous design and construction, offering an array of amenities and endless possibilities. The home welcomes you with a charming bluestone porch, setting the stage for the craftsmanship found throughout. Step inside to find the living room and morning room, each with its own fireplace, providing perfect gathering spaces, while the adjacent luxury chef’s kitchen is a dream. Complete with granite countertops, gas cooking, and a butler’s pantry, this kitchen has it all. The first level also features the primary suite with tray ceilings, a spa-like ensuite, and a massive walk-in closet. The fully finished basement level is designed for recreation and entertainment, featuring a wine cellar, kitchenette, large media room, bedroom, full bath, rec room and gym. This versatile space can be transformed to fit your lifestyle needs. Upstairs, you’ll find the remaining bedrooms, each with a walk-in closet and ensuite bath, along with a sitting area and an expansive office. The outdoor spaces are equally impressive, with a timber-framed covered porch perfect for entertaining or relaxing. Enjoy the stone fireplace, gas grill, and counter space for outdoor cooking, as well as a separate patio and spa for a resort-like retreat. Storage is abundant throughout, with a 3-car garage as well as walk-in storage on the second floor and basement levels. Every detail of this luxurious home has been thoughtfully crafted, from the custom cabinetry, vanities, and millwork to the unique touches found throughout. This is a one-of-a-kind opportunity to own a truly remarkable residence.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2016
MLS Number
--
Location
Address
9131 James Riverwatch Drive
City
Richmond
State
VA
Zip Code
23235
County
CHESTERFIELD
Listing
Name
Phone
(804) 512-4999
Office Name
Office Phone
(804) 512-4999
Agent Name
Caleb Boyer
Agency Phone
(804) 512-4999

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.