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Colonial Place

Colonial Place

$755,883 Average Value
$374 Average Price per Sq Ft
11 Homes For Sale

West End walkability in Colonial Place

Ranked as the #1 Best Neighborhood to Live in Richmond by Niche, Colonial Place boasts picturesque streetscapes and stately homes. Tucked into the western part of Richmond called Near West End, homeowners in Colonial Place get the walkability and proximity of the city while also benefiting from suburban perks like spacious lots and neighborly community. “In Colonial Place, you’re close to everything but you also get a yard and some greenspace,” says Eliza Conrad, Realtor at Shaheen Ruth Martin & Fonville.

Beautiful historic Colonial Revival homes are well maintained in Colonial Place,
Beautiful historic Colonial Revival homes are well maintained in Colonial Place,
Stella’s restaurant is a neighborhood eatery located in Colonial Place.
Stella’s restaurant is a neighborhood eatery located in Colonial Place.
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Colonial Revival architecture and manicured lawns

The wide, charming streets of Colonial Place are organized in a grid street plan, accompanied by sidewalks dappled with shade from mature tree canopies. On a stroll through the neighborhood, you’ll find a wide array of gorgeous homes in varying architectural styles. Dominating the area are Cape Cods with broad, rectangular profiles and central chimneys and Colonial Revival-style homes with formal, symmetrical exteriors and side-gabled roofs. English Tudors are also prevalent, donning steeply pitched gable roofs and embellished doorways. You’ll even spot a few unique Mediterranean Revival homes with low-pitched tile roofs and stucco exteriors. These homes are nestled beside each other on lots with manicured front lawns and spacious, fenced-in backyards. The median sales price for a property in Colonial Place is $591,500. According to Conrad, inventory is extremely low, and demand is so high that most homes sell within a matter of days.

This grand Colonial Revival styled home has a covered entrance located in Colonial Place.
This grand Colonial Revival styled home has a covered entrance located in Colonial Place.
Manicured lawns and well maintained homes are found in Colonial Place.
Manicured lawns and well maintained homes are found in Colonial Place.
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Above-average academics at Mary Munford Elementary School

Kids in Colonial Place can attend Mary Munford Elementary School, Albert Hill Middle School and Thomas Jefferson High School, which all belong to the Richmond Public Schools district. On GreatSchools, Mary Munford Elementary receives a 9 out of 10 rating on test scores, reflecting academic progress far above the state average. Kids at Mary Munford can also participate in an impressive array of courses such as Spanish language, dance, drama and ceramics.

Award-winning Mary Munford Elementary School stands in Colonial Place.
Award-winning Mary Munford Elementary School stands in Colonial Place.
Thomas Jefferson High School serves students throughout Richmond, VA.
Thomas Jefferson High School serves students throughout Richmond, VA.
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Outdoor fun at Mary Munford

Adjacent to the elementary school you’ll find Mary Munford Playground, a sprawling, well-maintained park with large wooden play structures, swing sets, soccer fields and basketball and tennis courts. This park is open to the public when school is not in session. Pack lunch and enjoy a picnic at one of the shaded tables.

Affectionately known as
Affectionately known as "Merry Funford", this playground is located just next to the elementary.
A few of the locals of Mary Munford enjoying a game of ultimate frisbee.
A few of the locals of Mary Munford enjoying a game of ultimate frisbee.
Malvern Gardens residents can play basketball at the Mary Munford Playground.
Malvern Gardens residents can play basketball at the Mary Munford Playground.
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Beloved local restaurants on Lafayette Street

At dinnertime, head to Lafayette Street to enjoy one of Richmond’s most beloved restaurants, Stella’s. Serving rustic and modern Greek cuisine since 1983, these coveted tables fill up quickly so it’s best to make a reservation in advance. Share a flaming plate of saganaki — kefalograviera cheese served with grilled pita — before savoring rich dishes like pastichio, comprised of fat noodles and spiced ground beef baked with bechamel. If the reservation book is full, don’t worry — in 2017, sister market Stella’s Grocery opened right across the street, with an espresso bar and shelves stocked with grab-and-go Greek meals and gourmet snacks. For groceries, head to Kroger on Willow Lawn Drive. This area is also home to a bustling shopping center, The Shops At Willow Lawn, with a collection of more than 30 popular retailers including Dick’s Sporting Goods, Old Navy, Ross Dress for Less and Victoria’s Secret. You’ll also find familiar fast-casual restaurants like Panera Bread, Chopt and Cava.

Willow Lawn shopping center has many stores and a Chopt restaurant located in Colonial Place.
Willow Lawn shopping center has many stores and a Chopt restaurant located in Colonial Place.
Stella’s Grocery store is a local favorite in Colonial Place.
Stella’s Grocery store is a local favorite in Colonial Place.
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Take Grove Avenue to downtown Richmond

Arrive to the heart of downtown Richmond in no time with a two-mile drive down Grove Avenue. Beautiful, walkable and central to everything Richmond has to offer, Colonial Place is hard to beat.

Sarah Grace Vedomske
Written By
Sarah Grace Vedomske
Carmen Natale
Photography Contributed By
Carmen Natale
Michael Voyack
Video By
Michael Voyack

Agents Specializing in this Area

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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

Parks in this Area

Transit

Airport

Richmond International

24 min drive

Bus

Grove & Sauer

Bus

Patterson & Sauer

Bus

Grove & Commonwealth

Bus

Patterson & Bunting

Bus

Grove & Bunting

Bus

Grove & Malvern

Bus

Patterson & Malvern

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Colonial Place US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 1 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 3 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Colonial Place Demographics and Home Trends

Housing Trends

Median List Price
$725,000
Median Sale Price
$765,000
Median Single Family Sale Price
$857,495
Median Townhouse Sale Price
$687,500
Median 2 Bedroom Sale Price
$300,000
Median Change From 1st List Price
-1%
Last 12 months Home Sales
49
Median Home Sale Price YoY Change
26%
Average Price Per Sq Ft
$374

Neighborhood Facts

Number of Homes
970
Number of Homes for Sale
11
Median Year Built
1946
Months of Supply
2.70
Average Single Family Home Size Sq Ft
2,049
Above the national average
1,927
Average Townhouse Size Sq Ft
2,192
Average 2 Bedroom Size Sq Ft
859
Average 1 Bedroom Size Sq Ft
570
Median Lot Size Sq Ft
7,405

Open Houses

  • Saturday, Nov 22
    1:30 - 3:30pm

    312 N Hamilton St, Richmond, VA 23221

    $649,950

    • 3 Beds
    • 3.5 Baths
    • 2,231 Sq Ft
    • 312 N Hamilton St
    • New 26 days ago

    Experience modern city living at its finest in this newly built 3-bedroom, 3.5-bath home offering over 2,300 square feet of thoughtfully designed space in one of Richmond’s most sought-after neighborhoods. Just minutes from Carytown, Scott’s Addition, and the Museum District, you’ll be perfectly positioned to enjoy the city’s best restaurants, boutiques, and entertainment spots! Inside, tall

    Agent Photo
    Ernie Chamberlain
    Hometown Realty
    (804) 361-6946
    Section Image
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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,083
Median Age
39
Population Density
9 ppl/acre
Population under 18
22.2%
On par with the national average
23.8%
Population over 65
14.7%
On par with the national average
19.1%

Finances

Median Household Income
$116,333
Significantly above the national average
$79,601
Average Household Income
$161,685

Education and Workforce

High School Graduates
97.2%
College Graduates
81.1%
Significantly above the national average
34.1%
Advanced Degrees
40.6%
Significantly above the national average
13.3%
% Population in Labor Force
78.9%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
29°F
Average Summer High Temperature
89°F
Annual Snowfall
5''

Area Factors

Car-Dependent

Walk Score®

32 / 100

Some Transit

Transit Score®

33 / 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.

Nearby Neighborhoods

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.
NEIGHBORHOOD
Colonial Place