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Sold for $8,750,000
  • $8,750,000

    501 Rivergate Dr, Henrico, VA 23238

    8beds
    25,739sqft
    Single Family Residence
    Built in 2000
    17.94 Acres Lot
    $8,944,500 Zestimate®
    $340/sqft
    $3,260 Estimated rent

    Home value

    $8,944,500

    $7.25M - $10.91M

    $3,260/mo

    Zestimate® history
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    What's special

    Office spaceMature landscapingWorkout roomVast center islandGolf simulator roomFlex spaceDetailed doorways
    17 Acres exquisite gated custom built estate set on roughly & privately nestled in the Rivergate neighborhood overlooking the 38 Acre Rivergate Lake. This grand home offers every amenity, as no detail has been left undone. Wide foyer, beautiful formal rooms, gorgeous sunroom, multiple family room options all allowing for ideal entertaining from formal to casual. Stunning gourmet kitchen, w/ vast center island, designer appliances, butler’s pantry. Incredible primary en suite with sitting area, dressing area, luxurious & large spa bath. Second level offers 5 plus spacious bedrooms, office space w/ built-ins, flex space. 9 bathrooms throughout, 11 fireplaces throughout, 11 car garage space on property. Full basement w/ handsome office, workout room w/ sauna & steam room, golf simulator room, kitchen, cinema. There is a guest suite attached to main house. 2 detached 2 car garages 1 w/ apartment. Detailed doorways, high ceilings, heavy mouldings. Detached basketball gym w/bath. Magnificent pool & pool house, lake dock w/ gazebo. Extraordinary view of lake from back of house, terraces w/ outdoor FP and seating, mature landscaping and gardens. Please see video attached to this listing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Ruth 804-337-3585,

    Shaheen Ruth Martin & Fonville,

    R. Scott Shaheen 804-837-8500,

    Shaheen Ruth Martin & Fonville

    Bought with:

    Richard Bower, 0225000518

    Joyner Fine Properties

    Source: CVRMLS,MLS#: 2305804MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 15
    • Full bathrooms: 9
    • 1/2 bathrooms: 6
    Rooms
    • Room types: Center Hall, Guest Quarters
    Primary bedroom
    • Description: Carpet/Closets/Primary Bath/Fireplace
    • Level: First
    • Dimensions: 29.3 x 16.2
    Bedroom 2
    • Description: Carpet/Closet/Full Bath
    • Level: Second
    • Dimensions: 20.0 x 14.5
    Bedroom 3
    • Description: Carpet/Full bath/Closet/Fireplace
    • Level: Second
    • Dimensions: 20.0 x 15.5
    Bedroom 4
    • Description: Carpet/Full bath/Closet
    • Level: Second
    • Dimensions: 22.0 x 14.5
    Bedroom 5
    • Description: Carpet/Full Bath/Closet
    • Level: Second
    • Dimensions: 19.8 x 16.4
    Additional room
    • Description: Butlers Pantry/Marble/Stainless
    • Level: First
    • Dimensions: 15.0 x 8.0
    Additional room
    • Description: Mud Room/1/2 bath/closet/laundry Room off
    • Level: First
    • Dimensions: 21.6 x 10.3
    Additional room
    • Description: Craft Room/Large
    • Level: Second
    • Dimensions: 18.0 x 18.0
    Additional room
    • Description: Flex room/Office/Playroom/Rec Room
    • Level: Second
    • Dimensions: 29.6 x 16.0
    Dining room
    • Description: Fireplace/Wood Floors
    • Level: First
    • Dimensions: 23.7 x 19.6
    Family room
    • Description: Wood Floors/Fireplace
    • Level: First
    • Dimensions: 27.8 x 18.0
    Florida room
    • Description: Wood Floors/Closet Fireplace
    • Level: First
    • Dimensions: 25.6 x 17.4
    Foyer
    • Description: Wood Floors
    • Level: First
    • Dimensions: 32.2 x 14.4
    Other
    • Description: Shower
    • Level: Basement
    Other
    • Description: Tub & Shower
    • Level: First
    Other
    • Description: Tub & Shower
    • Level: Second
    Other
    • Description: Tub & Shower
    • Level: Third
    Great room
    • Description: Wood Floors/Fireplace
    • Level: First
    • Dimensions: 33.7 x 20.6
    Half bath
    • Level: Basement
    Half bath
    • Level: First
    Half bath
    • Level: Second
    Kitchen
    • Description: Marble/Stainless/Wood Floors/Built ins
    • Level: First
    • Dimensions: 20.2 x 18.0
    Laundry
    • Description: Huge/Racks/Laundry Sink
    • Level: Second
    • Dimensions: 21.0 x 12.1
    Living room
    • Description: Wood Floors/Fireplace
    • Level: First
    • Dimensions: 30.5 x 20.6
    Office
    • Description: Off Primary Suite/Tile Floor
    • Level: First
    • Dimensions: 12.3 x 9.2
    Sitting room
    • Description: Tile Floor-Gorgeous
    • Level: First
    • Dimensions: 30.6 x 15.5
    Heating
    • Electric, Natural Gas, Zoned
    Cooling
    • Zoned
    Appliances
    • Included: Double Oven, Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Range Hood, Stove, Trash Compactor, Wine Cooler, Washer
    Features
    • Atrium, Wet Bar, Bookcases, Built-in Features, Butler's Pantry, Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Steam Shower, Walk-In Closet(s), Workshop
    • Flooring: Carpet, Tile, Wood
    • Windows: Thermal Windows
    • Basement: Full,Interior Entry,Walk-Out Access
    • Attic: Walk-up
    • Number of fireplaces: 11
    • Fireplace features: Gas, Masonry
    Interior area
    • Total interior livable area: 25,739 sqft
    • Finished area above ground: 25,739

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Circular Driveway, Driveway, Detached, Garage, Heated Garage, Paved, Storage
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Levels: Two and One Half
    • Stories: 2.5
    • Patio & porch: Rear Porch, Front Porch, Patio
    • Exterior features: Dock, Hot Tub/Spa, Sprinkler/Irrigation, Out Building(s), Breezeway, Paved Driveway
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Pool, Private
    • Has spa: Yes
    • Fencing: None
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Dock Access, Lake, Lake Front, Mooring, Water Access, Waterfront
    • Body of water: Rivergate Lake
    • Frontage length: 685.0000,685.0000
    Lot
    • Size: 17.94 Acres
    • Features: Additional Land Available, Irregular Lot, Landscaped, Level, Waterfront
    Details
    • Additional structures: Garage(s), Garage Apartment, Guest House, Gazebo, Outbuilding, Pool House
    • Parcel number: 6422A220
    • Zoning description: R-1
    • Special conditions: Corporate Listing
    • Other equipment: Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom,Two Story
    • Property subtype: Single Family Residence
    Materials
    • Brick, Block, Drywall
    • Roof: Rubber
    Condition
    • Resale
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Common Grounds/Area, Gated, Home Owners Association
    • Security: Security System, Gated Community
    • Subdivision: Rivergate
    HOA
    • Has HOA: Yes
    • Amenities included: Management
    • Services included: Common Areas
    • HOA fee: $4,207 annually
    Location
    • Region: Henrico

    Financial & listing details

    • Price per square foot: $340/sqft
    • Tax assessed value: $5,510,500
    • Annual tax amount: $23,824
    • Date on market: 11/1/2025
    • Ownership: Corporate
    • Ownership type: Corporation

    Price history

    DateEventPrice
    10/10/2023Sold$8,750,000-7.9%$340/sqft
    Source: CVRMLS #2305804 Report a problem
    6/19/2023Pending sale$9,500,000$369/sqft
    Source: CVRMLS #2305804 Report a problem
    3/23/2023Listed for sale$9,500,000$369/sqft
    Source: CVRMLS #2305804 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$43,476 +13.4%$8,203,100 +13.4%
    2024$38,343 +45%$7,234,500 +45%
    2023$26,450 +11%$4,990,500 +11%
    2022$23,824 $4,495,100 +10.4%
    2021-- $4,072,100 +4.6%
    2020-- $3,891,300 -10.6%
    2019$23,079 +1.6%$4,354,500 +14.2%
    2018$22,707 +0%$3,813,900 -10.4%
    2017$22,696 +90.5%$4,255,500 -5.3%
    2016$11,911 $4,494,800
    2015$11,911 $4,494,800 +2.2%
    2014-- $4,398,200 +0.7%
    2013-- $4,367,700 -2.4%
    2012-- $4,473,300 -4.1%
    2011-- $4,664,600 -2.3%
    2010-- $4,772,300 -6%
    2009$26,902 $5,075,800 +1747.8%
    2005-- $274,700 -93.9%
    2004$26,665 $4,519,500 +44.6%
    2003-- $3,125,000 +7.6%
    2002-- $2,905,100 +318.9%
    2001$4,785 $693,500
    Find assessor info on the county website

    Neighborhood: 23238

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Randolph
    • Middle: Goochland
    • High: Goochland

    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
    $8,944,500
    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
    $8,944,500