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404 W 31st St, Richmond, VA, 23225

5beds
5baths
3,178sqft
$849,900
$267price/sqft
$5,727/moest. monthly cost
$229,080/yrincome needed

About This Home

Step right in to this 1 of 1, new construction property in Woodland Heights! At 3,178 SF, on 3 fully-finished levels, you will not find another property like this one! This 5-bed, 4.5 bath home is loaded w/ custom options: from the hardwood floors throughout, to the stunning primary ensuite bath, w/ breathtaking marble floors & wall tile, & brand new freestanding clawfoot tub, to name a few! As you walk in the front door of this home, gleaming hardwoods and 9-foot ceilings are present throughout this unique property. This home has a 1st floor bedroom, w/ an ensuite bath, which could also be utilized as a home office/guest room. Be sure to admire the designer fixture & massive windows allowing tons of natural light, as well as the pencil tile adorning the full bath! Through the hall, into the open concept, you will be surprised just how spacious the downstairs floorplan feels. The kitchen truly shines, with a 8' island, beautiful quartz counters, tile backsplash, & custom cabinetry. Heading upstairs, you’ll find 2 bedrooms, both very sizable, with plenty of storage, and lots of light. The massive primary bedroom with huge walk in closet, perfectly captures the setting sun in the evenings. The ensuite bath rivals a luxury spa at every turn. Marble tile graces the entire floor & surrounding glass enclosed shower, dual vanity & medicine cabinet mirrors all make for a sophisticated & timeless retreat. The wonderful chandelier sets the perfect scene for unwinding in the brand new clawfoot tub, capturing the roots of Woodland Heights. The 3rd floor bedroom is private & could be utilized as a secondary living area/office as well. In view of the city skyline, you will find the same beautiful hardwoods as were present on the other two levels, another walk in closet & a private ensuite bath, with porcelain tile surround. Other upgrades include: LP Smart Siding, exterior lighting package, and 3 offstreet parking spaces. This home perfectly blends the historic nature of Woodland Heights & the convenience of new construction.

Getting Around

60
WalkingSomewhat Walkable
41
TransitSome Transit
73
BikeVery Bikeable

Schools

2/10
River City MiddleGrades 6-83.4 mi
1/10
George Wythe High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Metal,Shingle
  • Construction materials: Block,Frame,HardiPlank Type,Other

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Electric Cooking,Electric Water Heater,Disposal,Microwave,Refrigerator,Range Hood,Stove
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Bedroom on Main Level,Ceiling Fan(s),Dining Area,Double Vanity,Eat-in Kitchen,French Door(s)/Atrium Door(s),Fireplace,Granite Counters,High Ceilings,Kitchen Island,Bath in Primary Bedroom,Pantry,Recessed Lighting,Walk-In Closet(s)
  • Door features: French Doors
  • Window features: Screens,Thermal Windows
  • Flooring: Ceramic Tile,Marble,Wood
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 0
  • Finished area above ground: 3,178

Half Bath

  • Level: First

Heating & Cooling

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

Interior Area

  • Total interior livable area: 3,178 sqft

Other

  • Level: First

Other

  • Level: Second

Other

  • Level: Third

Property

Details

  • Parcel number: S0001358009
  • Zoning description: R-5
  • Special condition: Corporate Listing

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Rear Porch,Front Porch,Porch
  • Exterior features: Porch,Unpaved Driveway
  • Fencing: Back Yard,Fenced,Partial,Privacy

Lot

  • Lot size: 6,882 sqft

Parking

  • Parking features: Driveway,Off Street,On Street,Unpaved
  • 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 $4,297$51,564
Home Insurance *$281$3,372
Property Taxes $843$10,116
Electricity $306$3,673
Total$5,727$68,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,354/yr
40% on housing$171,810/yr
45% on housing$152,720/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

$267This listing

vs Other Active Listings

Avg $/sqft

ZIP 23225$196
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23225$250
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
2026-05-01Price change$899,950
2026-04-21Price change$919,950
2026-04-09Listed for sale$949,950
2006-12-14Sold$39,600

New Construction

AgentVito Bussa
BrokerageReal Broker LLC

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