$506,241Average Value$257Average Price per Sq Ft4Homes For Sale
Redevelopment in The Diamond surrounding CarMax Park
The Diamond neighborhood serves as the hub of Richmond's minor league baseball team. Centered around CarMax Park, the newly developed stadium for the Richmond Flying Squirrels, the area is in the middle of a major transformation as the Diamond District redevelopment project reshapes around 67 acres into a mixed-use community. The new stadium replaced the old diamond at the start of the 2026 season, and housing developments, commercial spaces and new community parks are in the works throughout the area. Scott’s Addition offers breweries and an active restaurant scene within reach, while Downtown Richmond is just 5 miles away.
The Diamond offers close proximity to Richmond hotspots like Scott's Addition and the Fan.
The Diamond has long been home to the Richmond Flying Squirrels.
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Hardywood Brewery is a staple of Richmond's expansive brewery scene.
A developing business scene in the area
Arthur Ashe Boulevard runs through the community, connecting locals to neighborhood restaurants and the active business scene of Scott's Addition. “The Diamond is a really walkable area,” says Anne Soffee, Realtor with Small & Associates. “You’ve got restaurants right there and new shops popping up. Then if you walk down Boulevard, you’ve got everything — the movies, Starbucks, ice cream, bowling and tons of shopping. It’s super convenient.” The area's redevelopment is expected to bring over 30,000 square feet of retail and restaurant space in the coming years, largely surrounding CarMax Park. Current local favorites include:
Hardywood Park Craft Brewery, an indoor-outdoor beer hall with over a dozen brews on tap, plus made-to-order pizzas and regular live music
Toast, an American gastropub with small bites, handhelds and happy hour specials
Fat Dragon Chinese Kitchen and Bar, offering a variety of Cantonese cuisine, with vegetarian and gluten-free options.
Boulevard Burger and Brew, a retro-style eatery known for its burgers and boozy milkshakes served in a restored, 1950s diner
For groceries and essentials, you can take the short drive to Whole Foods, ALDI or Kroger. Additionally, the shopping centers of Willow Lawn are about 3 miles west.
New-build condos and apartments
The Diamond is one of Richmond's newest neighborhoods, with most homes built after 2020. Many residents rent apartments along Arthur Ashe Boulevard and Hermitage Road, with a few condo complexes like The Outpost at Brewers Row in the mix. While there have been no recent sales as of July 2026, the median price in the area is around $530,000. Redevelopment plans include multiple new apartment complexes, with nearly 900 new units planned for the project's first phase, with more residential development to come.
The Westbrook at Brewer's Row Townhomes offer one-car garages and three stories of space in The Diamond district.
The Cooperage Apartments in The Diamond area are renovated industrial apartments with tall ceilings and lots of space.
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Baseball, markets and events at The Diamond
CarMax Park is the highlight of The Diamond neighborhood. Drawing thousands of guests on game days throughout the spring and summer, the new stadium has five concession areas, along with grab-and go-markets and a full bar. The venue hosts game-day promotions throughout the season, including dog-friendly nights, holiday celebrations and fireworks shows. The Big League Market at The Diamond is held on Saturdays, with vendors selling vintage clothes, handmade goods and made-to-order eats.
Richmond Public Schools and private options nearby
The Diamond is served by Richmond Public Schools, and most local students attend Linwood Holton Elementary, Henderson Middle and Marshall High. Open High School, which earns an A-plus grade from Niche, is an application-based alternative school where students can propose their own electives and take college courses for dual credit. Nearby private options include Veritas School and The New Community School
The Diamond District's Richmond's John Marshall High School earns positive scores in athletics, diversity and clubs.
Henderson Middle School near The Diamond is part of Richmond Public Schools and serves the Northside area.
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Park 365 nearby welcomes parents and children for a fun-filled day.
Parks, trails and the James River at your doorstep
When it's time to get outside, The Diamond area has a mix of modern playgrounds and natural green spaces. You can enjoy the outdoors in places like:
Park365, home to 2 acres of playgrounds, picnic areas and open space
Bryan Park, a 260-acre green space with wooded trails, soccer fields, tennis courts and a popular weekly farmers market
Ruff Canine Club, a dog park and outdoor bar serving craft brews and pub snacks
For more recreation, locals can take the short drive south to the James River Park system, home to over 600 acres of riverside parkland and trails.
I-64 and GRTC buses connect The Diamond to Richmond
Getting around The Diamond and the greater Richmond area is simplified by Interstate 64 and North Arthur Ashe Boulevard, both of which pass directly through the area. The nearby Downtown Expressway, Interstate 195, provides additional connectivity. The Greater Richmond Transit Company operates free bus routes throughout the region, with stops along Hermitage Road and Arthur Ashe.
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.
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