$689,000
$11K PRICE DROP

Estimated payment $3,991/month

Total Views 8,322
7 Beds
6.5 Baths
9,268 Sq Ft
$74 Price per Sq Ft

Highlights

  • Guest House
  • Colonial Architecture
  • Wood Flooring
  • 0.6 Acre Lot
  • Deck
  • 10 Fireplaces

About This Home

Folly Castle c. 1763 – A Rare Historic Treasure in the Heart of Petersburg
Step back in time without sacrificing modern comfort at Folly Castle, one of Petersburg’s most iconic and historically significant homes. Believed to have been completed in 1763 by Peter Jones II—the grandson of the city’s founder—this architectural masterpiece is a rare surviving example of 18th-century craftsmanship. Its name, “Folly Castle,” stems from the extravagant vision of a young, childless bachelor building a grand estate—what some called a folly, now a landmark. Meticulously constructed and lovingly maintained, the main residence features soaring ceilings, original heart pine floors, exquisite millwork, floor-to-ceiling windows, and fireplaces in nearly every room. The home offers 4 spacious bedrooms, 3 with ensuite bathrooms, blending timeless elegance with modern convenience. The English basement has been transformed into a luxurious, fully equipped 1-bedroom apartment—ideal for guests or income-producing potential. In addition, the original brick kitchen building now serves as a beautifully renovated 2-bedroom, 2-bath residence with its own stylish kitchen. The charm continues outdoors with a brick-lined courtyard, white picket fencing, a tranquil fishpond, and mature Virginia plantings that have flourished for generations. Situated on a fenced .6-acre lot, there's ample space in the rear for additional parking, a garage, gardens, or a future pool. Whether you’re a history enthusiast, preservationist, or simply someone seeking a one-of-a-kind estate, Folly Castle offers unmatched character and versatility in a setting rich with heritage.

Listing Agent

Jeff Clark

EXP Realty LLC License #0225193702 Listed on: 07/22/2025

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,837

Year Built

  • Built in 1763

Lot Details

  • 0.6 Acre Lot
  • Picket Fence
  • Wrought Iron Fence
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Slate Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 9,268 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • 10 Fireplaces
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Gazebo
  • Shed
  • Front Porch

Additional Homes

  • Guest House

Schools

  • Pleasants Lane Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • Folly Castle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023-120018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,837

Year Built

Built in 1763

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1763
  • Property Attached Yn: No
  • Lot Size Acres: 0.6
  • Ownership: Individuals
  • Subdivision Name: Folly Castle
  • Above Grade Finished Sq Ft: 7412.0
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Historic
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Full, Finished
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Disposal, Refrigerator, Stove
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1856.0
  • Fireplace Features: Masonry
  • Fireplaces: 10
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Separate/Formal Dining Room, Fireplace, Granite Counters, High Ceilings
  • Living Area: 9268.0
  • Stories: 3

Exterior Features

  • Roof: Metal, Slate
  • Fencing: Fenced, Picket, Wrought Iron
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Mixed, Wood Siding
  • Exterior Features: Porch, Storage, Shed
  • Other Structures: Storage, Guest House, Gazebo
  • Patio And Porch Features: Balcony, Deck, Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Off Street, Unfinished Garage, Workshop in Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Water Source: Public
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 023-120018

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3837.0

MLS Schools

  • Elementary School: Pleasants Lane
  • High School: Petersburg

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $689,000 -1.6% $74 / Sq Ft
07/22/2025 07/22/25 For Sale $699,900 -- $76 / Sq Ft
Source: Central Virginia Regional MLS

Source: Central Virginia Regional MLS

MLS Number: 2520518

Central Virginia Regional MLS