Richmond’s Historic Hill Crest Mansion Sells For $9.125M

Richmond’s historic Hill Crest mansion at 5103 Cary Street Road recently changed hands in a stunning all-cash transaction. This massive deal closed at $9.125 million, making it one of the largest residential real estate sales in the region over the past decade.

Originally listed at $10 million, the Tudor Revival estate ultimately settled slightly below its asking price after going under contract in July. Real estate enthusiasts and historians alike have been tracking this major property transfer closely.

The Legacy of Hill Crest

Understanding the value of such a property requires looking at its deep roots in local history. For those passionate about historical architecture, this 1928 masterpiece represents a pinnacle of classic craftsmanship.

The estate was originally built for paper manufacturer J.P. Hummel and was skillfully designed by renowned architect Carl Max Lindner. Over the decades, the property has passed through the hands of prominent business and art scene figures, including Bill and Pam Royall.

Modern Upgrades and Luxury Amenities

While the exterior honors its 1920s heritage, recent renovations have brought modern luxury to the forefront. Exploring these updates offers great inspiration for anyone interested in high-end home design trends.

A recent multi-year expansion introduced a striking two-story west wing, pushing the total interior footprint to 9,700 square feet. The updated layout now incorporates four spacious bedrooms, multiple primary suites, and a finished lower level equipped with a state-of-the-art golf simulator.

Property Grounds and Transaction Details

The estate spans an impressive 2.5 acres and includes a variety of high-end exterior features designed for privacy and entertainment. Such sprawling properties often serve as key highlights in architecture tours throughout Virginia.

Key exterior and transaction highlights include:

Holly and John Martin of SRMF Real Estate successfully represented the seller, a Florida-based entity that originally purchased the estate back in 2016. This blockbuster sale cements Cary Street Road’s status as one of the most prestigious addresses in the Commonwealth.

As the Richmond market continues to evolve, landmark sales like Hill Crest remind us of the enduring appeal of luxury heritage properties. Be sure to browse our archive of architecture articles for more deep dives into extraordinary regional estates.

 
Here is the source article for this story: ‘Hill Crest’ mansion sells to mystery buyer for $9M in cash