Henrico mansion sold for $5.5 million

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The nearly 80-year-old home on South Ridge Road was sold June 9 for $5.5 million. (PHOTO: Jonathan Spiers)

HENRICO COUNTY, Va. — In one of the priciest home sales in the Richmond area in some time, a nearly 80-year-old home near the University of Richmond was purchased last month for $5.5 million by the son of a prominent local businessman.

The eight-bedroom, nine-bathroom mansion at 101 S. Ridge Road was sold in an off-market sale June 9, according to Henrico County property records, which list the buyer as 101 South Ridge Rd LLC.

The registered agent for that LLC is Matthew T. Goodwin, the son of local philanthropists Bill and Alice Goodwin, who own a 12-acre estate next door to the property.

One of the wealthiest and most successful businessmen in Richmond, Bill Goodwin is the founder of CCA Industries, whose holdings include the Jefferson Hotel. He also is the retired chairman and president of Riverstone Group, a real estate development firm where Matt Goodwin is a principal.

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