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Pending
  • Price cut: $200K (6/25)
    $3,800,000

    701 Old Locke Ln, Richmond, VA 23226

    5beds
    9,342sqft
    : 
    $25,469/mo
    Get pre-qualified
    Single Family Residence
    Built in 2001
    1.12 Acres Lot
    $3,613,000 Zestimate®
    $407/sqft
    $563/mo HOA

    What's special

    Custom built in 2001 and thoughtfully updated and reimagined by the current owners, in collaboration with Mark Franko Custom Builders, this exceptional Tudor Revival residence blends timeless architecture with refined modern living. Spanning approximately 10,000 square feet, the home offers gracious formal spaces alongside thoughtfully curated interiors designed for both everyday family life and elegant entertaining. A dramatic two-story foyer introduces richly detailed living spaces, while the reimagined floor plan includes a stunning primary suite, beautifully appointed secondary bedroom suites, multiple laundry and utility spaces, and expansive recreational areas rarely found in Richmond homes of this caliber. The lower level offers exceptional flexibility for entertaining, fitness, and retreat space, while the third floor provides extensive storage and additional living options. Privately sited on just over an acre within an intimate enclave between Windsor Farms and Lockgreen, 701 Old Locke Lane represents a rare opportunity to own a fully reimagined luxury residence in one of Richmond’s most sought-after locations.
    72 days
    |
    679
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Innes phil.innes@gmail.com,

    RE/MAX Commonwealth 804-288-5000,

    Thomas Innes 804-514-7890,

    RE/MAX Commonwealth

    Source: CVRMLS,MLS#: 2613108MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      Other
      • Description: Shower
      • Level: Basement
      Other
      • Description: Tub & Shower
      • Level: First
      Other
      • Description: Tub & Shower
      • Level: Second
      Half bath
      • Level: First
      Heating
      • Electric, Natural Gas, Zoned
      Cooling
      • Zoned
      Appliances
      • Included: Gas Water Heater
      Features
      • Bedroom on Main Level
      • Flooring: Wood
      • Basement: Full
      • Attic: Walk-In
      • Number of fireplaces: 5
      • Fireplace features: Gas
      Interior area
      • Total interior livable area: 9,342 sqft
      • Finished area above ground: 7,112
      • Finished area below ground: 2,230

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Driveway, Garage, Paved
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 4
      • Exterior features: Paved Driveway
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 1.12 Acres
      Details
      • Parcel number: W0220418017
      • Zoning description: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Tudor
      • Property subtype: Single Family Residence
      Materials
      • Brick, Block
      • Roof: Slate
      Condition
      • Resale
      • New construction: No
      • Year built: 2001

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: Yes
      • Services included: Common Areas
      • HOA fee: $6,750 annually
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $407/sqft
      • Tax assessed value: $2,771,000
      • Annual tax amount: $33,252
      • Date on market: 5/20/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        $3,613,000

        $3.43M - $3.79M

        $5,143/mo

        Price history

        DateEventPrice
        7/4/2026Pending sale$3,800,000$407/sqft
        Source: CVRMLS #2613108 Report a problem
        6/25/2026Price change$3,800,000-5%$407/sqft
        Source: CVRMLS #2613108 Report a problem
        5/21/2026Listed for sale$4,000,000+60%$428/sqft
        Source: CVRMLS #2613108 Report a problem
        9/10/2018Sold$2,500,000+51.5%$268/sqft
        Source: Public Record Report a problem
        7/8/2011Sold$1,650,000-28.1%$177/sqft
        Source: Public Record Report a problem
        3/19/2011Price change$2,295,000-4.2%$246/sqft
        Source: RE/MAX COMMONWEALTH #1028661 Report a problem
        3/17/2011Price change$2,395,000-4%$256/sqft
        Source: RE/MAX COMMONWEALTH #1028661 Report a problem
        3/4/2011Price change$2,495,000+4.2%$267/sqft
        Source: RE/MAX COMMONWEALTH #1028661 Report a problem
        2/28/2011Price change$2,395,000-4%$256/sqft
        Source: RE/MAX Commonwealth Report a problem
        9/18/2010Listed for sale$2,495,000-16.8%$267/sqft
        Source: Re/Max Commonwealth - Glen Forest Report a problem
        5/19/2008Sold$3,000,000$321/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$33,252 +9.6%$2,771,000 +9.6%
        2024$30,348 +5.4%$2,529,000 +5.4%
        2023$28,788 $2,399,000
        2022$28,788 +13.2%$2,399,000 +13.2%
        2021$25,440 +6.7%$2,120,000 +6.7%
        2020$23,832 +13.9%$1,986,000 +13.9%
        2019$20,916 +3.4%$1,743,000 +3.4%
        2018$20,220 +7.9%$1,685,000 +2.1%
        2017$18,732 $1,650,000 +1%
        2016$18,732 $1,633,000 +3.9%
        2015$18,732 $1,572,000 +0.7%
        2014$18,732 $1,561,000 -5.4%
        2013-- $1,650,000 -3.8%
        2012-- $1,715,000 -41.5%
        2011-- $2,930,000
        2010-- $2,930,000
        2009-- $2,930,000 +21.6%
        2008-- $2,409,000
        2007-- $2,409,000 +10.4%
        2006-- $2,182,900 +2.5%
        2005-- $2,129,600 +25.3%
        2003-- $1,700,000
        2002-- $1,700,000 +466.7%
        2001$4,290 $300,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wilton

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Munford
        • Middle: Albert Hill
        • High: Thomas Jefferson

        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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