So where is the most expensive place to live in Virginia? Oct 12, 2020. The Virginian-Pilot found the most expensive houses in each South Hampton Roads city. Lake Tahoe Ranch That Served as Ponderosa on 'Bonanza' Sells for a Record $38M, 'The Barn,' Utah's Most Expensive Home at $25M, Is Unlike Any Barn We've Ever Seen, Historic Colorado Castle in the Rockies Can Be YoursAntique Ski Lift Included, For more photos and details, check out the. Everyone wants a home that mixes affordability with comfort and Virginia does this very well. It also has a swimming pool, bath house, two boat lifts and a pier, brick patio, six open and enclosed porches, and a fireplace. 2015-2022 Chasing Chains, LLC. The median income in Manassas Park comes in at $81,639 and the median home value is $299,700 for 2022. $4,374,300This two-and-a-half story, 14,366 square-foot waterfront house on North Woodhouse Road was built in 2002 in the Alanton neighborhood. This is our ninth time ranking the most expensive places to live in Virginia. It has two swimming pools, a bath house, greenhouse, boat lift and pier, seven open porches and three fireplaces. It has six bedrooms, five full baths and four half baths. The home is in Nicholas County, which is smack-dab in the center of the Mountain State. Tiffani Sherman is a Florida-based writer who covers real estate, finance, and travel. HomeSnacks is reader-supported. For overnight (or long-term) guests, theres a separate guest suite with its own kitchen. There are six full bathrooms and three powder rooms, including one in the four-car garage. 27,024 . Updated: Feb 16, 2022 / 08:05 AM EST. Listing prices for homes in Virginia, for example, were lowest in January this year. what is the most expensive house in the world? Metros with the most cities in the top 30 in Virginia. Methodology Briana Adhikusuma, 757-222-5349, b.adhikusuma@pilotonline.com. A carriage house sits between the main house and the guesthouse and also dates to when the property was first built. But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you. In order to determine which were the most expensive homes for sale in Virginia, we looked at all residential properties listed for sale, taking into account condo, co-op, single- and two-family homes. Realtors: Share your open house events in our events calendar. (Courtesy, Google Earth), $3,765,200This three-story, 15,045 square-foot waterfront house on Harris Road was built in 1998 in the Little Neck area. To learn more about home values in Virginia, Stacker analyzed data from realtor.com to compile a list of the most expensive homes for sale in the state. Situated in McLeans poshest neighborhood, Ballantrae Farms, this 1.5-acre estate was designed by Custom Design Concepts Architecture + Interiors. They have a huge room thats got a whole bank of computers that run the whole property. It has been reconstituted and opened up, so youve got the original beams and the vaulted ceiling, and it has four more car bays and a studio apartment there, Corey says. That would be Blacksburg.the 2016-2020 American Community Survey for the 61 places in Virginia with more than 5,000 people. Meanwhile, the pandemic has created a "seesaw effect" on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas. Learn More. VIRGINIA BEACH, Va. (WAVY) The most expensive recorded residential property sale in Hampton Roads history happened last week, and it was done nearly in all cash. Additional laundry space sits on the second floor. Census American Community Survey 2016-2020, Best Places To Raise A Family In Virginia, Download The Entire Virginia Ranking Data, Median Home Price / Median Income (lower is better), Median Income / Median Rent (Higher is better). It doesnt have a view of the water, but is spacious enough for an overnight stay, with 2,600 square feet and three bedrooms. It has six bedrooms, four full baths and two half baths. $2,893,500This two-floor, 10,401-square-foot waterfront house on Broad Bay Circle was built in 2007 in the Alanton neighborhood. By Michele Lerner. All information is drawn from city property records and is based on building value only. Other listings. According to the agent, the propertys proximity to Washington, DC, will be a major draw. Where: 9009 Congressional Ct., Potomac. While average buyers, especially first-time homeowners, are finding it increasingly difficult to balance their budgets, housing needs and available supply, at the top end of Virginias housing market there is no shortage of available stunning homes. Everything is large, but not too big. Check Instructions Here. We invite you to share this information about Virginias most expensive homes for sale with your readers. The median income in Blacksburg comes in at $41,711 and the median home value is $309,800 for 2022. Agent listings. This price tag earns the new owner over 31,000sqft of living space, 3.2 acres, a 30-car garage, and gorgeous views of the Potomac River. The 10 Most Expensive Places To Live In Virginia For 2022 1. 3599 Route 75, Huntington ($175,000) - 3 bedrooms; 1 bathrooms; 1,392 square feet; $125 per square foot (view listing on realtor.com) #9. Virginia Luxury Homes. $2,629,900This two-story, 10,463-square-foot waterfront house on Bobolink Drive was built in 2007 in the Birdneck Point neighborhood. 607 Oronoco St, Alexandria, VA 22314 - $8.5 million. Built in 2018, the 16,000-square-foot home on East Boulevard Drive sits on riverfront land that was once part of George Washingtons Mount Vernon Estate in Alexandria, VA. It has six bedrooms, three full baths and one half bath, as well as an elevator, balcony, four open porches, and three fireplaces. It also has an elevator, swimming pool, hot tub, sauna bath, boathouse, boat lift, balcony, three open porches and three fireplaces. It has six bedrooms, six full baths and three half baths, as well as an elevator, swimming pool, greenhouse, boat dock and pier, boat and jetski lift, five open porches and five fireplaces. (Courtesy, Google Earth), $2,629,900This two-story, 10,463-square-foot waterfront house on Bobolink Drive was built in 2007 in the Birdneck Point neighborhood. It has two swimming pools, a bath house, greenhouse, boat lift and pier, seven open porches and three fireplaces. The 20,000-square-foot home is set to have a domed reception hall and use the highest quality materials and finishes throughout. When you walk in, you just feel like youre right on the water, and its spectacular. Naturally Old Town Alexandria's most expensive listing has tons of history behind it. The 10,835-square-foot, 7-bedroom home at 1501 Oak Hill Court sits on a 3.7-acre peninsula on Linkhorn Bay in Virginia Beach. If you wanted a luxury space to retreat to, where you could truly retreat, I think this is ideal, she says. The site also says it is the largest privately held parcel of the former Mount Vernon Estate. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. But its also very grand when you enter, and if you wanted to entertain formally, it has the space to do that inside and outside, she explains. Featuring 327 acres across two tracts also available separately Bolinvar is a true Virginia hunt country gem with its 6-bed stone Georgian manor house, abundant woodlands and rolling fields. As for the most expensive home for sale in Virginia right now, this pricey historic plantation boasts 22 beds and a storied past scroll down if youre curious about what caught the eye of a Chrysler magnate and a former Goldman Sachs partner. Everything was done so well. You can download the data here. Oakendale also features a guest house, 2-story office with porch, farm managers house and historic log cabin. Meticulously renovated 18th century manor houses and historic buildings dot the Virginia countryside and the top end of its housing market. It has three bedrooms, five full baths and two half baths. Construction finished in the fall of 2018, and they have been living there ever since. By Tiffani Sherman. When you do, we ask that you provide a link back to this page, so your readers can learn more about this project and view any additional research. . By Tiffani Sherman. Yet to be built, the 6-bed, 6-bath Colonial offers the potential to fully customize the interiors to buyers exact needs. To learn more about home values in Norfolk, Virginia, Stacker analyzed data from realtor.com to compile a list of the most expensive homes for sale in the city. 2 pools, a tennis court and extensive equestrian facilities including an indoor riding arena offer plenty of opportunity for unwinding in the rolling Piedmont countryside. We aim to deliver bite-sized pieces of infotainment about where you live. Inside the D.C.-area's most expensive homes for sale. The median income in Richmond comes in at $51,421 and the median home value is $244,200 for 2022. The median value of a home in the United States reached $295,300 in June 2020, according to the National Association of REALTORS. The median home listing price in the county currently sits at an extremely modest $134,500, well below the national median of $370,000. After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Virginia for 2022. Source: Wikipedia User Smash the Iron Cage | CC BY-SA 4.0. It has six bedrooms, six full baths and three half baths, as well as an elevator, swimming pool, greenhouse, boat dock and pier, boat and jetski lift, five open porches and five fireplaces (Courtesy, Google Earth), $2,910,100This four-story, 10,614 square-foot waterfront house on North Bay Shore Drive was built in 2012 in the Bay Colony neighborhood. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. The median income in Warrenton comes in at $74,003 and the median home value is $337,000 for 2022. Broad Street Rd 114-acre gentleman's farm conveniently located 30-minutes from both Charlottesville and Richmond. Sort by: Price (High to Low) 6909 Blenheim Rd, Scottsville, VA 24590. You might spend more on housing, but you have more money overall to play with. The estate perfectly encompasses the passions of its one-time owners, racehorse breeding and horticulture, with multiple greenhouses, gardens and equestrian facilities included in the sale. What I love about this house is the architect made everything the right scale, so even thought it is a large home, theres no feeling of being overwhelmed, Corey says. From Thomas Jefferson's Monticello and James Madison's Montpelier to new luxury homes like The Albemarle House, Virginia . #2. The estate features two main residences: a fully renovated historic farmhouse and a manor home reconstructed in 1940 with the stone of the original 1820s manor home which reportedly burned down during the Civil War. Reach her at, Top 100 Most Expensive U.S. Zip Codes: 2022 Shatters Last Years Records with 14 Zip Codes Surpassing $4 Million Median, 5 Ways Building Owners Can Go Green in NYC, Life by the OceanWithout Breaking the Bank: The 25MostAffordable Beach Towns for Homebuyers. It has six bedrooms, seven full baths and two half baths. We used science and data to determine which cities in Virginia that will put a big dent in your wallet. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. . Well, HomeSnacks crunched the numbers and discovered that Blacksburg is the most expensive place to live in Virginia. All of the bathrooms have high-end fixtures and furnishings. With a price tag of $60 million, a relatively new house on historic land is now Virginia's most expensive home. $3,455,300This two-story, 10,220-square-foot waterfront house on River Court was built in 2012 and has five bedrooms, five full baths and two half baths. The home was first listed for $60 million, according to an October 2020 article from Realtor.com. We will unveil the top 10 in each city once a day for the rest of the week in this order: Advertisement High-end features of the mansion include a gym, a dedicated massage room, and a 3,000-bottle wine cellar. Washington, DC Brokerage #DREO98379652, Maryland Brokerage #529175, Virginia Brokerage #0226028547. 8.5 /10. When you click through real estate links on our site, we earn an affiliate commission. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_0',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');What's the most expensive place to live in Virginia? Real estate quarterly transactions increase by about 5.3 percent annually. It has five bedrooms, six full baths and two half baths. Its a property that sits on top of a hill and encompasses just over 100 acres, and the views are spectacular, says the referring agent, Marin Hagen. Verulam also includes equestrian and farm facilities, including a 16-stall barn, as well as the Cider Barn, a party/events venue. The most expensive city on the list has a typical home value of $1,484,052 which is 288% higher than the state average of $382,958. Lives change, and theyre just not spending time in the area like they did, so they decided it was kind of a waste not to be at this beautiful place, Corey says. Commissioned by New York attorney Courtlandt Van Clief in 1936, Verulam is the creation of noted Virginia architect Marshall Swain Wells and celebrated landscape architect Charles F. Gilette, known for developing the Virginia Garden style. Watch: Historic Boston Home May Have Been an Underground Railroad Station. 3 guest homes offer additional living space. Were all looking at everything and anything we can do at home, Corey says. The two most important things to think about when it comes to being able to afford if you can live comes down to: You need to understand your costs in the context of how much money you make. The median income in Alexandria comes in at $102,227 and the median home value is $572,700 for 2022. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Eliza Theiss is a senior writer reporting real estate trends in the US. Save my name, email, and website in this browser for the next time I comment. 1.Crown Jewel of Albemarle. After the terrain was stabilized, the owners tore down the original structure on the site and created a 21st-century version. It has an elevator, swimming pool, boat and jet ski lift and pier, balcony, six open porches and two fireplaces. Homes are ranked by price with ties broken by price per square foot. $2,721,500This three-story, 13,750-square-foot waterfront house on North Alanton Drive was built in 2009 in the Alanton neighborhood. Off the side of the gym is the spa area, with a resistance pool, spa, a huge steam room, huge sauna. PHOTOS: Virginia has a new most expensive home on the market; You can find out more about him on LinkedIn or his website. Population: 158,309Rank Last Year: 7 (Up 1)Home Price To Income Ratio: 5.6x (4th most expensive)Income To Rent Ratio: 57.6x (36th most expensive)More on Alexandria: Real Estate|Data|Photos. Before the home was built, the land itself was reinforced, and 140 auger-cast piles were installed along the waterfront to prevent erosion and support the main house. It has . The owners are history enthusiasts and were very interested in George Washington, Corey explains, adding that the back terrace of the house is much like the one Washington built for himself, so that he could look out at the river. Not surprisingly, eight of these homes are in McLean . ft in 5 Southern towns or buy in Humboldt Co. for California houses & in New Jersey for NYC commutes. You really get the sense of it being a serene retreatsimply based on the siting of the house on the property.. (Courtesy, Google Earth). North Wales posh amenities include a shooting preserve, extensive equestrian and farm facilities, including a stable office and riding arena, wine cellar with bar, billiards room, library, sun room, tennis court and pool. Characterized by classic architecture, high-end materials and hundreds of acres of rolling Virginia countryside, the states luxury residential market is all about classic lines and graceful elegance no light-up infinity pools and sleek modern lines here. It also has a swimming pool, bath house, two boat lifts and a pier, brick patio, six open and enclosed porches, and a fireplace. It has six bedrooms, three full baths and one half bath, as well as an elevator, balcony, four open porches, and three fireplaces. With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. These are things that are so important now for people who are staying home. Alabamas Most Expensive Home Is a Massive $10.5M Lakefront Mansion, Raising the Roof: Here Are the 10 Cities Building the Most Homes for Buyers, Arkansas Most Expensive Listing Is a $12M Hog Heaven for Tailgaters, For more photos and details, check out the. (Stephen M. Katz), $3,455,300This two-story, 10,220-square-foot waterfront house on River Court was built in 2012 and has five bedrooms, five full baths and two half baths. D.C. area's most expensive homes sold in 2020. . The property in Scottsville includes an amazing 2,928 . The kitchen also boasts water views and features an array of high-end finishes and furnishings. "It's a property that sits on top of a hill and encompasses just . The architect Jim Rill designed the home. The appliances are all Wolf, Miele, and Sub-Zero, as you would expect, Hagen explains. Apr 19, 2021. The 5 Most Expensive Homes in Virginia 1. And if you already knew these places were expensive, check out some more reading about Virginia and the most expensive cities in the country: Population: 44,395Rank Last Year: 1 (No Change)Home Price To Income Ratio: 7.4x (most expensive)Income To Rent Ratio: 36.6x (most expensive)More on Blacksburg: Real Estate|Data|Photos. #10. Built in 2002, the 8-bed French Provincial estate boasts all the usual high-end bells and whistles like a pool, elevator, exercise room, home theater and no fewer than 10 fireplaces. Well there you have it, the places in Virginia that have the highest cost of living, with Blacksburg ranking as the most expensive city in the Old Dominion. Virginia located just North of the James River on 7.7 acres of secluded property minutes from the University of . The median income in Fredericksburg comes in at $69,528 and the median home value is $376,700 for 2022. Below are the top 5 most expensive homes sold in the state of Virginia. Just 17 miles outside Charlottesville, Mount Air Farm is a breathtaking 870-acre country estate boasting endless acres of natural landscape and dramatic Blue Ridge Mountains views. It has five bedrooms, six full baths and two half baths. Fair Use Statement Washington-Arlington-Alexandria, DC-VA-MD-WV: 29. Besides the water sports on the river, there are many private wooded areas, as well as manicured gardens with paths and gazebos. 1430 Buena Vista Dr, Huntington ($177,500) Sharing a blend of modern and classical interior design, these homes don't spare any expenses. How much: $7,990,000. As for being West Virginias most expensive listing, Hagen says shes very proud of that. (Courtesy, Google Earth), $3,549,200This three-and-a-half story, 11,430 square-foot waterfront house on Kline Drive was built in 2000 in the Little Neck area. Farming operations and equestrian facilities abound, including legendary racehorse breeding stables. Buying a home is an investmentand an increasingly expensive one. This is one of those properties.. Built in 2018, the 16,000-square-foot home on . Auction. 7347 Sq. Ranging in price from $11,975,000 to $33,000,000, these luxurious estates are the most expensive homes for sale in Virginia right now. Further dependencies also include 5+car garage with large party room, greenhouse, 8-stall barn complete with office and one-bed apartment, pool and pool house with terrace and a bevy of additional farm and equestrian facilities. To learn more about home values in Virginia, Stacker analyzed data from realtor.com to compile a list of the most expensive homes for sale in the state. The current owners bought the 16.5-acre property for around $9 million in 2014, and began what listing agent Heather Corey calls a reconstitution of the estate. Here are the ten most expensive homes for sale in Richmond right now. Part of the iconic estate of legendary philanthropists Paul and Bunny Mellon, Rokeby Farms comes with a 4-bed, 4,633-square-foot main residence, 9 cottages and 1-mile long private airstrip with a tower and acharming airport lounge. The house itself is state of the art. It also has an elevator, swimming pool, hot tub, pier, balcony, five open porches and three fireplaces. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and The ONE . Initially listed for $23,950,000, this stunning 2,000-acre estate is touted as a self-sustaining property. Overall SnackAbility. So hopefully Pulaski (the cheapest place to live in Virginia) can show these guys how to live on a budget in the coming years. It also has an elevator, a swimming pool, three boat lifts, two boat docks, a balcony, three open and enclosed porches, and three fireplaces. Population: 29,059Rank Last Year: 3 (Down 1)Home Price To Income Ratio: 5.4x (7th most expensive)Income To Rent Ratio: 54.0x (26th most expensive)More on Fredericksburg: Real Estate|Data|Photos. All information is drawn from city property records and ranking is based on building and improvement value only. Built in 2010 with a number of standout features, the grand mansion on Irish Heights Drive measures in at nearly 16,000 square feet. The place with the highest cost of living in Virginia according to the data is Blacksburg. The median income in Fairfax comes in at $109,708 and the median home value is $587,000 for 2022. Guest and staff lodgings include a 4,754-square-foot, 4-bed farm managers house, an A-frame house, tenant house, farmers house and a cottage. These are the places in Virginia that cost a pretty penny -- the most expensive cities in the state. With a price tag of $60 million, a relatively new house on historic land is now Virginias most expensive home. $2,910,100This four-story, 10,614 square-foot waterfront house on North Bay Shore Drive was built in 2012 in the Bay Colony neighborhood. The most expensive city on the list has a typical home value of $1,484,052 which is 288% higher than the state average of $382,958. Also close to the kitchen is a large laundry room, which boasts a dog washing station. Hagen says the perfect buyer could either be someone who wants to live in the property full time or someone looking for an escape. With an academic background in journalism, Eliza has been covering real estate since 2012. Families love the Old Dominion's beaches, midlands, and mountains as tourists before moving here and calling it home. The median list price for homes in Charleston currently sits at $140,000, well below the national median of $250,000. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. 1. Theres also an infinity pool complete with an outdoor kitchen, for true indoor and outdoor living, Hagen says. According to Virginia REALTORS, Virginia's real estate market has been growing in recent years. A huge house overlooking a forest in Summersville, WV, is the states most expensive listing, at $19.5 million. Looking at everything and anything we can do at home, Corey says, Hagen says shes proud! The highest cost of living in Virginia that will put a big dent your. 295,300 in June 2020, according to the kitchen is a Florida-based writer who covers real estate on. Invite you to Share this information about Virginias most expensive homes for sale all looking everything. Estate links on our site, we derived several statistics from the latest Census Community. 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