$308,308Average Value$234Average Price per Sq Ft7Homes For Sale
A pioneer streetcar suburb in Northside
Developed in the 1890s as one of America’s first streetcar suburbs, Chestnut Hill offers an enticing blend of history and convenience. The neighborhood is located just north of downtown in Richmond City’s Northside community, which has begun to see major revitalization in recent years. “The revitalization of the area is a huge draw,” says Kacie Jenkins, Realtor with Real Broker LLC. “The houses look fantastic — they’re bringing them back to their former glory, and people are really attracted to that.”
Classic architecture and catslide roofs
Chestnut Hill is dominated by charming American Foursquare homes that stand neatly next to each other on narrow lots with shallow front yards. A few unique Tudor and Victorian Revivals can be spotted in the area as well, with standout features like catslide roofs and octagonal turrets. With a mix of homes that have been recently renovated and those in original condition, prices in Chestnut Hill can range between $198,000 for a three-bedroom home in original condition and $450,000 for a fully renovated four-bedroom property with all the bells and whistles. “In general, inventory in Richmond is just at an all-time low, and this part of town is no exception,” says Jenkins. “Houses are selling within 5 to 10 days on the market when they’re priced right, staged right and fixed up right.”
Richmond Public Schools
Students in the neighborhood can attend Richmond Public Schools. They can start at Overby-Sheppard Elementary School, rated C-minus on Niche, before going to Henderson Middle School, which is also rated C-minus, and graduating from John Marshall High School, rated C. John Marshall High School, home of the Justices, receives high ratings from Niche in the athletics, clubs and activities, resources and diversity categories. Their powerhouse boys’ basketball team went undefeated in the 2022-2023 season, leading them to win the state championship.
Hotchkiss Park
The nearby Hotchkiss Park, featuring football fields, soccer fields, and basketball, tennis and pickleball courts, offers plenty of options for everyone. There is a large playground complete with climbing structures for kids to enjoy, as well as outdoor gym equipment for an energizing workout. On hot summer days, the community can cool off in the sparkling Hotchkiss Field Pool, which is staffed with lifeguards and has free entrance.
Trendy eateries on Brookland Park Boulevard
A main Northside thoroughfare, Brookland Park Boulevard, is flanked by some of Richmond’s hottest new eateries. Fuzzy Cactus is a Richmond favorite that’s grown wildly popular with its rock and roll attitude, killer live shows and tasty menu. Once a week, on Honky Tonkin Tuesdays, the trendy bar trades its head-banging for line dancing and cowboy hats. The Smoky Mug, which opened in 2020, has not only survived but thrived and quickly become one of Richmond’s most beloved spots. Operating as both a coffee shop and a Texas barbeque joint, at this quirky hybrid restaurant, Richmonders enjoy silky vanilla lattes and chopped brisket sandwiches.Locals pop over to Food Lion on Mechanicsville Turnpike to restock the pantry, then head across the street to Roses for discounted daily essentials and household items. There’s also a Family Dollar located on 3rd Avenue right in the neighborhood. A few doors down, New York Fried Chicken is a tried and true choice for crispy chicken wings, french fries and burgers.
Interstate 64
Interstate 64, a highway that’s convenient for getting just about anywhere in the city, curves through the south side of Chestnut Hill. The Greater Richmond Transit Company, known by locals at the GRTC, is also a popular option for getting around the city. Bus stops stud more heavily trafficked roads, such as North Avenue. Just a 2-mile venture from Richmond’s artsy and business-packed downtown, Chestnut Hill offers convenient and quiet city living.
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
Interested in learning more about homes in this area?
Reach out to
James Nay,
an experienced agent in this neighborhood.
Parks in this Area
Ann Hardy Plaza
Battery Park
Baseball/Softball
Pool
Tennis
The Cannon Creek Greenway
Chandler Fields
Baseball/Softball
Hotchkiss Park
Baseball/Softball
Basketball
Pool
Yancey Street Playground
Playground
Multi-Purpose Field
Transit
Airport
Richmond International
16 min drive
Bus
4th & Victor
Bus
4th & Juniper
Bus
4th & Cypress
Bus
4th & Spruce
Bus
4th & Chestnut
Bus
Brookland Park Boulevard & 4th
Bus
4th & Trigg
Chestnut Hill Demographics and Home Trends
On average, homes in Chestnut Hill, Richmond sell after 119 days on the market compared to the national average of 70 days. The median sale price for homes in Chestnut Hill, Richmond over the last 12 months is $375,000, down 19% from the median home sale price over the previous 12 months.
Beautifully Renovated Brick Duplex – Cash-Flowing Opportunity! Don’t miss this fantastic chance to own a fully updated duplex in Richmond’s rapidly growing Northside area! Whether you’re looking to live in one unit and rent out the other or rent both for maximum income, this property offers incredible flexibility and strong cash flow potential.Featuring two 2 Bedroom 1 bath units that have
Welcome to this beautifully updated 1,550-square-foot single-family home in Richmond City. Featuring 3 spacious bedrooms and 3 full bathrooms, this home offers a functional layout with tasteful upgrades throughout. Inside, enjoy fresh paint, new light fixtures, and stunning hardwood flooring that flows through the living room, dining area, kitchen, and bedrooms. The bathrooms feature ceramic tile
*RVA 4 Property Rental Portfolio For Sale* Investors- This portfolio consists of 4 single family homes, with of them being 3-bedrooms with 1 or 1.5-baths. These units are all rented. Currently these units bring in over $5.500.00 per month, with room to grow. All of these homes are in good condition, well maintained and managed well. If you are looking for a Turnkey Rental Portfolio, then
Interested in learning more about homes in this area?
Reach out to
James Nay,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,060
Median Age
42
Population Density
7 ppl/acre
Population under 18
19.1%
On par with the national average
23.8%
Population over 65
19.8%
On par with the national average
19.1%
Finances
Median Household Income
$37,922
Significantly below the national average
$71,702
Average Household Income
$64,696
Education and Workforce
High School Graduates
88.9%
College Graduates
17.3%
Below the national average
34.1%
Advanced Degrees
7.9%
Below the national average
13.3%
% Population in Labor Force
69.7%
Weather
Annual Precipitation
45''
Average Winter Low Temperature
29°F
Average Summer High Temperature
89°F
Annual Snowfall
5''
Area Factors
Somewhat Bikeable
Bike Score®
18/ 100
Car-Dependent
Walk Score®
25/ 100
Some Transit
Transit Score®
44/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
