Welcome to 1703 New Market Rd, a rare 7+ acre retreat offering space, privacy, and versatility just minutes from Richmond City. Zoned A1 with county taxes, this 5-bedroom, 3.5-bath Brick & Slate colonial boasts a First Floor Primary Suite & blends timeless character with thoughtful updates. Set on Virginia's Capital Trail & currently functioning as an income-producing AirBnB, this property features open pastures & a wooded backdrop, ideal for hobbyists, animal lovers or those seeking a private homestead. A long driveway leads to multiple parking areas, a large livestock enclosure & a well-equipped workshop with water, electric & covered carport. Additional outdoor features include a goat nursery, chicken coop, landscaped grounds & a tranquil waterfall pond. The backyard is designed for entertaining with an oversized patio, fire pit area & a fully equipped outdoor kitchen with custom brick smoker, grill, burner & sink, plus a dedicated hot tub/sauna house. Inside, the home offers original hardwood floors, detailed moldings, and flexible living spaces, featuring newer Andersen windows & air conditioning systems for comfort. The spacious kitchen includes a center island & stainless appliances. Head upstairs to a second primary bedroom with ensuite bath; plus three other bedrooms offering generous space & access to a walk-up attic with expansion potential. The basement adds more versatility with a workshop, mudroom, bonus spaces & a large bonus area complete with fireplace, sink & bath. Zoned for horses & livestock & located just minutes from Route 895, schools & Church Hill, this property offers the perfect balance of rural charm and accessibility.
Sold for $640,000
$640,000
1703 New Market Rd, Henrico, VA 23231
5beds
2,799sqft
Single Family Residence
Built in 1947
7.51 Acres Lot
$642,200 Zestimate®
$229/sqft
$2,997 Estimated rent
Home value
$642,200
$604,000 - $681,000
$2,997/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
James Strum (804)432-3408,
Long & Foster REALTORS,
Rana Dean 804-909-3204,
Long & Foster REALTORS
Bought with:
Frances Hessler, 0225167744
Napier REALTORS ERA
Source: CVRMLS,MLS#: 2608986
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: Full bath, fan light,
- Level: First
- Dimensions: 11.0 x 18.0
Bedroom 2
- Description: Hardwood floors, ceiling fan, closet, attic access
- Level: Second
- Dimensions: 16.6 x 12.0
Bedroom 3
- Description: Hardwood floors, ceiling fan, closet
- Level: Second
- Dimensions: 11.0 x 14.0
Bedroom 4
- Description: Hardwood floors, spacious layout
- Level: Second
- Dimensions: 16.6 x 14.0
Bedroom 5
- Description: Hardwood floors, ceiling fan, closet
- Level: Second
- Dimensions: 11.0 x 14.0
Additional room
- Description: Bonus Area with FP, sink and Full bath
- Level: Basement
- Dimensions: 14.0 x 22.0
Additional room
- Description: Drain installed, flexible use
- Level: Basement
- Dimensions: 11.0 x 18.0
Additional room
- Description: Large Walk In Storage Closet
- Level: Basement
- Dimensions: 15.0 x 5.6
Additional room
- Description: Workshop with Pegboard walls, workbench
- Level: Basement
- Dimensions: 15.0 x 18.0
Dining room
- Description: Open to Kitchen
- Level: First
- Dimensions: 15.0 x 13.0
Florida room
- Description: planter box window, outdoor access
- Level: First
- Dimensions: 12.0 x 8.0
Foyer
- Description: Hardwoods, Light, Crown Molding
- Level: First
- Dimensions: 9.6 x 12.0
Other
- Description: Shower
- Level: Basement
Other
- Description: Shower
- Level: First
Other
- Description: Shower
- Level: Second
Half bath
- Level: First
Kitchen
- Description: Eat In, Island, SS Apps, Electric Cooking
- Level: First
- Dimensions: 13.0 x 15.6
Laundry
- Description: Laundry, Mudroom, storage
- Level: Basement
- Dimensions: 16.0 x 12.0
Living room
- Description: FP, Hardwood floors, bay window,
- Level: First
- Dimensions: 10.0 x 19.0
Heating
- Electric
Cooling
- Electric, Other, Attic Fan
Appliances
- Included: Built-In Oven, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Smooth Cooktop
- Laundry: Washer Hookup, Dryer Hookup
Features
- Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Fireplace, Kitchen Island, Laminate Counters, Bath in Primary Bedroom, Pantry, Recessed Lighting, Workshop
- Flooring: Partially Carpeted, Vinyl, Wood
- Doors: Sliding Doors
- Windows: Screens, Thermal Windows
- Basement: Full,Interior Entry
- Attic: Floored,Walk-up
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Insert
Interior area
- Total interior livable area: 2,799 sqft
- Finished area above ground: 2,799
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Patio, Stoop, Porch
- Exterior features: Out Building(s), Porch, Unpaved Driveway
- Pool features: None
- Spa features: Sauna
- Fencing: Fenced,Partial,Wood
Lot
- Size: 7.51 Acres
- Features: Wooded
Details
- Additional structures: Utility Building(s), Barn(s), Outbuilding, Stable(s)
- Parcel number: 8066951142
- Zoning description: A1
- Horses can be raised: Yes
- Horse amenities: Horses Allowed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Slate
Condition
- Resale
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Henrico
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $371,500
- Annual tax amount: $3,039
- Date on market: 5/28/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Sold | $640,000-5.2%$229/sqft |
Source:  CVRMLS #2608986 Report a problem | ||
| 4/20/2026 | Pending sale | $675,000$241/sqft |
Source: CVRMLS #2608986 Report a problem | ||
| 4/15/2026 | Listed for sale | $675,000$241/sqft |
Source: CVRMLS #2608986 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,039 +5.1% | $366,200 +7.6% |
| 2024 | $2,893 +5.5% | $340,300 +5.5% |
| 2023 | $2,741 +8% | $322,500 +8% |
| 2022 | $2,538 +7.6% | $298,600 +10.1% |
| 2021 | $2,359 +9.4% | $271,200 +5.3% |
| 2020 | $2,156 +3.2% | $257,600 +4% |
| 2019 | $2,090 | $247,800 +3.2% |
| 2018 | $2,090 +105.1% | $240,200 +2.6% |
| 2017 | $1,019 -47.6% | $234,200 +4.7% |
| 2016 | $1,945 +6.6% | $223,600 +3.7% |
| 2015 | $1,825 | $215,700 +2.8% |
| 2014 | $1,825 | $209,800 -7.6% |
| 2013 | -- | $227,100 -8.4% |
| 2012 | -- | $247,900 -8.3% |
| 2011 | -- | $270,200 |
| 2010 | -- | $270,200 -8.1% |
| 2009 | -- | $294,100 |
Find assessor info on the county website
Neighborhood: 23231
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Nearby schools
GreatSchools rating
- 2/10Varina Elementary SchoolGrades: PK,3-5Distance: 2.3 mi
- 1/10Rolfe Middle SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Varina High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Mehfoud
- Middle: Rolfe
- High: Varina
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$642,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$642,200
- Virginia
- Henrico County
- Henrico
- 23231
- 1703 New Market Rd
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