HENRICO COUNTY, Va. -- In one of the pricier local residential real estate deals in years, the house that Circuit City and CarMax built is in the hands of new owners.
The 18-acre lakefront estate at 501 and 495 Rivergate Drive sold Tuesday for $8.75 million. The former residence of the late Circuit City CEO and CarMax founder Rick Sharp had been listed by his widow, Sherry Sharp, in March with an asking price of $9.5 million.
The property in eastern Goochland County was purchased through a Florida-based LLC called Cypress Property Holdings. Local agent Richard Bower with Joyner Fine Properties represented the buyers and declined to comment because of a nondisclosure agreement. He said his clients requested privacy.
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