Section Image

The Prestwould

The Prestwould

The Prestwould
Condominium Building Complex
612 W Franklin St,
Richmond, VA 23220-4111
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

56 Units
12 Stories
1927 Year Built
$224K - $910K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • City View
  • Open High School Rated A+
  • Lounge
  • Elevator
  • Detached Garage
  • 2 min walk to Monroe Park

Historic Elegance in Richmond's Premier Fan District

The Prestwould, a distinguished 12-story condominium building, stands as a testament to Richmond's architectural heritage. Designed by the renowned English architect Alfred Bossom, this landmark was completed in 1927 and offers 56 unique units. Overlooking the beautifully restored Monroe Park, it provides residents with a blend of historic charm and modern convenience.

Diverse Layouts with Timeless Features

The Prestwould offers a variety of floor plans to suit different lifestyles, ranging from cozy studios to expansive four-bedroom units. Studio units, sized between 655 and 770 square feet, feature one bathroom and are perfect for those seeking a compact yet comfortable living space. One-bedroom units vary from 680 to 2,194 square feet, with one to two bathrooms, and typically rent around $1,900 per month. These units often include elegant fixtures, hardwood floors, and ample natural light. Two-bedroom units, spanning 1,187 to 2,678 square feet, come with one to three bathrooms and are priced around $510,000. These units boast spacious layouts, high ceilings, and classic architectural details such as crown molding and chair rails. Three-bedroom units, ranging from 1,576 to 3,306 square feet, offer two to four bathrooms and are available for approximately $590,000. These larger units provide expansive living areas, formal dining rooms, and stunning views of Monroe Park or the courtyard gardens. The most luxurious option is the four-bedroom unit, approximately 3,400 square feet with four bathrooms, priced around $710,000. These units feature grand foyers, multiple seating areas, and private terraces, making them ideal for entertaining. All units in The Prestwould are designed to maximize natural light and offer a blend of historic charm and modern amenities.

Comprehensive Amenities and Services for Comfortable Living

The Prestwould provides a range of amenities and services designed to enhance the living experience. Residents can enjoy the tranquility of a private terrace and a beautifully landscaped courtyard, perfect for relaxing or socializing. The building features secure access, gated parking, and off-street parking, ensuring convenience and peace of mind. Elevators provide easy access to all floors, and the building is equipped with assigned storage units for additional space. Common areas are attractively maintained, offering a welcoming environment for residents. Essential utilities such as water, gas, and heat are included, along with door service for mail and packages, and trash collection. The Prestwould is pet-friendly and offers shared outdoor spaces, including a walled garden. Business services include a concierge, on-site management, maintenance, and security, ensuring that all resident needs are promptly addressed. The building's vintage charm is complemented by modern conveniences such as air conditioning, controlled access, and washer/dryer hookups.

Vibrant and Walkable Fan District

The Fan District is one of Richmond's most sought-after neighborhoods, known for its vibrant, walkable lifestyle and well-preserved historic rowhouses. The area is home to a wealth of local restaurants, shops, and cultural institutions, many of which are within walking distance of The Prestwould. Residents can enjoy a meal at Joe's Inn, a retro eatery known for its comfort food, or explore the eclectic menu at Village Cafe. Cultural attractions such as the Altria Theater, which hosts national acts and Broadway shows, and the Visual Arts Center of Richmond, offering a variety of creative arts classes, are just a short walk away. Monroe Park, located directly across from The Prestwould, provides a green space for relaxation and community events. The neighborhood is also home to Virginia Commonwealth University, adding a youthful energy and artsy vibe to the area. For daily conveniences, residents can walk to nearby grocery stores such as Kroger and Whole Foods Market. The Fan District's sense of community is enhanced by events like the annual Fan holiday house tour and the Fan Arts Stroll, which features local artists and musicians. With its mix of historic charm and modern amenities, the Fan District offers a unique and engaging living experience.

Accessible and Convenient Transportation Options

The Prestwould's location in the Fan District provides residents with a variety of convenient transportation options. Several bus stops are within a five-minute walk, including Belvidere & Franklin, Broad & Laurel, and Main & Monroe, offering access to multiple transit lines such as Grove, Highland Park/Harwood/U.S. 1, and Broad Street. These transit lines connect residents to various parts of the city, making commuting and exploring Richmond easy. For those who prefer to drive, the building offers secure, gated parking and off-street parking options. Major roads and highways, including Interstates 95 and 64, are easily accessible, providing quick routes to other parts of the city and beyond. Richmond International Airport is approximately 20 minutes away by car, making air travel convenient for residents. The Fan District is also very bike-friendly, with dedicated bike lanes such as the Floyd Avenue bike lane providing safe routes to downtown and neighboring areas. With its high walkability, good transit options, and bike-friendly infrastructure, The Prestwould offers residents a variety of ways to get around and enjoy all that Richmond has to offer.

Building Details

Recreation

  • Park

Outdoor Features

  • Common Area

Amenities

  • City Views
  • Lounge
  • Community Storage Space
  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • Detached Garage
  • Assigned Parking

Condo Association

  • $2,500 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,459 - $2,500
  • Prestwould Condominiums Subdivision

Building Design

  • High-Rise Condominium
  • Elevator

Activity

Views

241

Shares

2

Favorites

1

Unit Information By Building

Unit
9D
11c
U1C
Date
08/09/2024
12/31/2024
11/05/2024
Beds
3 Beds
2 Beds
4 Beds
Baths
1.5 Baths
2.5 Baths
4 Baths
Sq Ft
1,880
2,028
3,380
Price
$250,000
$485,000
$650,000
Price / Sq Ft
$133 / Sq Ft
$239 / Sq Ft
$192 / Sq Ft

Unit Size and Value Ranges

Studio Units
Sq Ft Range
655 - 2,276
Est. Values
$223,614 - $679,555
1 Bedroom Units
Sq Ft Range
680 - 2,194
Est. Values
$223,614 - $909,706
2 Bedroom Units
Sq Ft Range
1,187 - 2,678
Est. Values
$318,691 - $693,534
3 Bedroom Units
Sq Ft Range
1,576 - 3,306
Est. Values
$408,789 - $888,857
4 Bedroom Units
Sq Ft Range
3,380
Est. Values
$704,147
All Units
Sq Ft Range
655 - 3,380
Est. Values
$223,614 - $909,706

Map

Area Factors

Very Bikeable

Bike Score®

83 / 100

Walker's Paradise

Walk Score®

94 / 100

Good Transit

Transit Score®

57 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

See All Agents

Property Taxes

Range in Assessed Values
$2.0K - $1.0M
Range of Taxes in Building
$24 - $12,360
Range of Taxes per Sq Ft
$0.01 - $5.63

Property Tax History

Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.