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2905 W Grace St, Richmond, VA, 23221

5beds
3baths
3,133sqft
$934,000
$298price/sqft
$6,172/moest. monthly cost
$246,880/yrincome needed

About This Home

Experience urban elegance at 2905 W Grace Street. This 3,133 square ft brick residence has been meticulously updated to offer a contemporary "Vision" in Richmond’s most sought-after Museum District neighborhood. From the foyer’s tile work to the sweeping refinished hardwoods, every inch feels brand new. The open-concept dining and kitchen area is an entertainer’s delight, anchored by a huge island and professional-grade stainless steel Bosch appliances. Unique features abound, including a floor-to-ceiling tiled main-floor shower, a dedicated laundry room, and two separate staircases for easy flow. The second level hosts a lavish Primary Suite and a Jack-and-Jill configuration perfect for a home office. Outside, the new front porch and rear deck offer seamless indoor-outdoor living. With a massive walk-out basement and a fully fenced yard, this home offers the rare combination of historic scale and modern convenience. Welcome home!

Getting Around

91
WalkingWalker's Paradise
47
TransitSome Transit
78
BikeVery Bikeable

Schools

5/10
6/10
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1917

Materials

  • Roof: Shingle
  • Construction materials: Brick,Drywall

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Additional Room

  • Level: First
  • Dimensions: 12.2 x 3.2

Appliances

  • Appliances included: Built-In Oven,Cooktop,Dishwasher,Electric Water Heater,Range,Refrigerator,Range Hood,Smooth Cooktop,Stove,Tankless Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Walk-Out Access

Bedroom2

  • Level: First
  • Dimensions: 10.3 x 9.1

Bedroom3

  • Level: Second
  • Dimensions: 14.8 x 11.6

Bedroom4

  • Level: Second
  • Dimensions: 13.9 x 12.6

Bedroom5

  • Level: Second
  • Dimensions: 13.3 x 12.3

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedroom on Main Level,Dining Area,Separate/Formal Dining Room,Double Vanity,Eat-in Kitchen,Granite Counters,High Ceilings,Kitchen Island,Bath in Primary Bedroom,Pantry,Recessed Lighting,Walk-In Closet(s)
  • Flooring: Tile,Wood
  • Attic: Access Only
  • Finished area below ground: 0
  • Finished area above ground: 3,133

Foyer

  • Level: First
  • Dimensions: 15.4 x 7.2

Heating & Cooling

  • Heating features: Electric,Heat Pump,Zoned
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 3,133 sqft

Laundry

  • Level: First
  • Dimensions: 5.5 x 5.3

Living Room

  • Level: First
  • Dimensions: 15.5 x 11.8

Master Bedroom

  • Level: Second
  • Dimensions: 17.4 x 11.3

Other

  • Level: First

Other

  • Level: Second

Property

Details

  • Parcel number: W0001370011
  • Zoning description: R-6

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Porch
  • Exterior features: Deck,Porch
  • Fencing: Back Yard,Privacy
  • Topography of land: Level

Lot

  • Lot size: 3,445 sqft
  • Features: Level

Parking

  • Parking features: Alley Access,Off Street,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,722$56,664
Home Insurance *$222$2,664
Property Taxes $927$11,124
Electricity $301$3,621
Total$6,172$74,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$211,611/yr
40% on housing$185,160/yr
45% on housing$164,586/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$298This listing

vs Other Active Listings

Avg $/sqft

ZIP 23221$308
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23221$353
Richmond City$226

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Listed for sale$934,000
2026-04-08Listing removed$950,000
2026-01-13Listed for sale$950,000
2026-01-09Listing removed$999,900
2025-10-09Listed for sale$999,900
2025-10-09Listing removed$1,019,000
2025-09-10Price change$1,019,000
2025-07-14Listed for sale$1,039,000
2025-07-14Listing removed$1,050,000
2025-06-23Price change$1,050,000
2025-06-04Price change$1,099,950
2025-05-14Price change$1,139,900
2025-05-01Price change$1,150,000
2025-04-23Price change$1,175,000
2025-04-09Listed for sale$1,185,000
2025-04-08Listing removed$1,195,000
2025-03-17Listed for sale$1,195,000
2023-10-25Sold$650,000
2023-08-25Pending sale$699,000
2023-08-25Contingent$699,000
2023-08-01Listed for sale$699,000
2022-04-28Sold$545,000
2022-03-25Pending sale$565,000
2022-02-22Listed for sale$565,000
2022-02-03Sold$390,000
2014-05-10Listing removed$850
2014-04-25Listed for rent$850

For Sale by Agent

AgentVincent McFarley
BrokerageReal Broker LLC

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