$825,809Average Value$398Average Price per Sq Ft3Homes For Sale
Malvern Gardens: A village in the city
Malvern Gardens is a neighborhood in Richmond ’s West End that’s prized for its walkability to upscale dining and highly rated schools. The community is home to Stella’s, an iconic Greek restaurant, and the original Stella’s Grocery, a gourmet market that has opened several locations across the city. These businesses help make Malvern Gardens feel like a small village, as residents will run into each other while grabbing coffee at the market or eating lunch at a sidewalk table. Interstate 195 and Monument Avenue border the area, making it easy to get around the city.
Brick Colonial Revival homes are common in Malvern Gardens.
Malvern Gardens is conveniently located just minutes from downtown.
Mature trees frame the streets of Malvern Gardens.
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Renovated historic homes dominate this high-demand area
Most homes here were built between the 1920s and ‘50s, and you can find a range of styles, including Colonial Revivals, Tudor Revivals and Cape Cods. Brick exteriors are common, and some have slate roofs. There are also a few ranch-style homes and new construction builds. Even though the vast majority of the houses here are older, Realtor Sallie Rhett with Shaheen, Ruth, Martin and Fonville Real Estate says most have been renovated. “People who live in the area understand that it’s a very high-demand neighborhood, and they’re going to gain a lot more appreciation and… equity because they have done what they need to do to present these homes in the best possible way,” she says. Most residents own their homes, though there are some rental apartments close to I-195.
Some homes sit close together in the Malvern Gardens neighborhood.
Brick Colonial Revival homes are prevalent in Malvern Gardens, as are large, leafy trees.
Tudor Revival homes add flavor to Malvern Gardens.
Tudor Revival homes add to the neighborhood's character.
Malvern Gardens also has Cape Cod homes.
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How much homes cost in Malvern Gardens
The median home sale price in Malvern Gardens is in the lower $800,000s, above Richmond’s overall median and that of Colonial Place, Sauer's Gardens and Mary Munford. Prices generally vary by size: Homes under 2,000 square feet range from the upper $400,000s to the lower $800,000s, while larger homes range from the lower $800,000s to around $1.5 million.
Village vibes and walkability define everyday life in the area
Malvern Gardens is a mostly residential area, but a small pocket of stores and restaurants gives it a village-like feel. “It’s considered one of the most popular neighborhoods in Richmond to live in. It has old charm and great convenience to not just Carytown, but the city itself,” Rhett says. “The streets are mostly lined with mature trees, and it really gives a park-like feel. It’s a close neighborhood with a lot of sense of community there.”
Within walking distance of highly rated schools
Richmond Public Schools serves the area, and Mary Munford Elementary School is within walking distance. “The children can either walk or bus there,” says Sue Farrell, a Realtor with Joyner Fine Properties who’s sold homes in the area for over 50 years. “That’s a nice and very well-rated elementary school, so it draws young families into that community.” The school’s playground is open to the public when school isn’t in session. Older kids can attend Albert Hill Middle School and Thomas Jefferson High School, which are both highly rated and also within walking distance. Richmond’s high schoolers can also apply to specialty or regional governor's schools, and there are several top-rated private options nearby.
The highly-rated Mary Munford Elementary School lies just outside the Malvern Gardens neighborhood.
Albert Hill Middle School is available to students in the Malvern Gardens neighborhood.
Thomas Jefferson High School serves the area.
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Popular restaurants and neighborhood shops on Lafayette Street
Several businesses on Lafayette Street anchor the neighborhood. Stella’s is a popular Greek restaurant that’s often booked months in advance, but they have walk-in space at the bar. “When real estate agents put homes on the market in that area, ‘walkable to Stella’s’ is always a big selling point,” says Jenny Maraghy, the team leader and broker of The Jenny Maraghy Team at Compass. In addition to Stella’s, Lafayette Street is also home to:
Stella’s Grocery, a gourmet market serving prepared food and espresso
Lafayette Tavern, serving steakhouse classics like wedge salad and shrimp cocktail
Our Life by Stella’s, a boutique specializing in Greek designers and Mediterranean-inspired products
The Shed, a Pilates studio
Renowned Stella's restaurant draws customers from Malvern Gardens and beyond.
A man enjoys Stella's Village Salad while taking advantage of their sidewalk seating.
Multiple retail and food options are available in the nearby Willow Lawn area.
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Close to Carytown and other entertainment
Malvern Gardens is also close to some of Richmond’s busiest shopping, dining and entertainment hubs; the bustling business district of Carytown is just over a mile away. “It’s a very, very popular weekend spot with many cute boutiques, restaurants and an old theater that’s been beautifully rehabbed,” Farrell says. In Carytown, you can go to places like:
Can Can Brasserie, an upscale French restaurant
Minglewood Bake Shop, which specializes in vegan baked goods
Shelf Life Books, where you can pick up a new or used book
Bygones, a boutique offering vintage and vintage-style men’s and women’s clothing
The Byrd Theatre, an Art Deco movie palace that shows second-run movies and cult classics
Malvern Gardens is also close to other neighborhoods known for their amenities. The Museum District is home to the Virginia Museum of Fine Arts. Westhampton features the locally owned shops and restaurants on Libbie and Grove Avenues, and Willow Lawn has national retailers.
Commute times to downtown Richmond and nearby job centers
Monument Avenue connects commuters to Virginia Commonwealth University’s Monroe Park campus in The Fan. Commuters also have easy access to I-195, allowing them to reach Downtown Richmond in 10 minutes and Short Pump in 20 minutes.
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
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Crime and Safety
1 - Low Crime, 10 - High Crime
Malvern Gardens
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
2
4
Burglary
5
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Malvern Gardens Demographics and Home Trends
On average, homes in Malvern Gardens, Richmond sell after 21 days on the market compared to the national average of 56 days. The median sale price for homes in Malvern Gardens, Richmond over the last 12 months is $812,500, down 12% from the median home sale price over the previous 12 months.
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Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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