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7-acre mansion once owned by relative of Patrick Henry listed for $6M

Posted at 12:05 PM, Mar 06, 2018
and last updated 2018-03-06 12:05:09-05

RICHMOND, Va. — A reconstructed 18th-century home once owned by a relative of Patrick Henry hit the market last week for the first time in 90 years.

The 10,000-square-foot “Fairfield” mansion at 211 Ross Road in western Henrico County was listed for sale Feb. 28 with an asking price of $5.95 million.

Frank Hardy of Charlottesville-based Frank Hardy | Sotheby’s International Realty listed the home on behalf of the family of Alice Preston Smith, who died last August.

The former Garden Club of Virginia president and Historic Garden Week chairwoman owned the home with her husband, Parke Farr Smith, a World War II fighter pilot for the Royal Air Force who flew stunt planes at Kings Dominion and owned a local building supply company before his death in 2013.

The Colonial Revival-style home, originally built in Hanover County around 1750 by Henry’s half-brother John Syme, was dismantled in 1928 and reconstructed at its current location, a 7.7-acre tract to the west of the northern end of the Huguenot Bridge.

Originally called Rocky Mills, the house and outbuildings were moved by Fred Nolting, who sold the property a year later to Alice Smith’s grandfather, Hardy said. The home has been kept in the family ever since and is now owned by the Smiths’ four children, he said.

Hardy said the history and size of the property, along with its proximity to the city and the University of Richmond, make the listing unique. He said those factors, coupled with two independent appraisals, helped him determine his list price – as did the sale of a comparable property nearby: the since-demolished mansion at 101 S. Ridge Road that sold in 2016 for $5.5 million.

That home – the most expensive to be sold in the Richmond area in years – was demolished last year. The buyer, Matt Goodwin, son of local philanthropists Bill and Alice Goodwin, is building a new house on the 6.3-acre property that’s estimated to cost upwards of $2.7 million, according to a permit filed with the county. The house is being built by John W. Montague Jr., a Manakin-Sabot-based builder who also did the demolition.

Hardy said the Goodwin sale, even though the house was demolished, factored into his decision to list Fairfield at $5.9 million.

“There was a beautiful home on it, but that home is no longer in existence, so in essence that purchaser paid about $5.5 million for that parcel, which is about 7 acres as well,” Hardy said. “That influenced our opinion.”

Continue reading on RichmondBizSense.com.

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