416 W Washington ST, Petersburg, VA 23803
416 W Washington ST, Petersburg, VA 23803
416 W Washington ST, Petersburg, VA 23803
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$555,000
Est. payment /mo
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4 Beds
3 Baths
4,532 SqFt
Price Dropped by $44K

416 W Washington ST Petersburg, VA 23803

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,532 sqft

Price per Sqft $122

Subdivision Folly Castle

MLS Listing ID 2626455

Style Two Story

Bedrooms 4

Full Baths 2

Half Baths 1

Construction Status Historic

HOA Y/N No

Abv Grd Liv Area 4,532

Year Built 1830

Annual Tax Amount $3,919

Tax Year 2025

Lot Size 0.314 Acres

Acres 0.3141

Lot Dimensions 75.6 x 181.6

Property Sub-Type Single Family Residence

Property Description

Built in 1830 and known through the years as the Chamberlayne/McIlwaine Home, 416 West Washington Street is one of the more storied residences in Petersburg's historic Folly Castle district. A glorious gingko tree adorns the back yard and was purportedly gifted by President Thomas Jefferson himself! The distinguished list of past owners includes the founder of Richmond's St. Christopher School. Etchings that adorn 2 original glass windowpanes feature the inscribed date 1869 and include Churchill Chamberlayne's name. The central location allows for an easy walk to restaurants and the great new library.
Seller has confirmation via Maxwell Gorman at City of Petersburg zoning that the extra "stable" lot can be improved, either with a guest house, studio or pool house (if a lap pool were added to the lovely yard) once the 2 tax parcels are combined into a single parcel. Then in 2027, regulations will allow a rentable ADU on that space. A new owner can rent the existing apartment, add an income producing ADU and let those rents cover their mortgage! A sweet deal for an amazing home with so much history!

2 adjacent tax parcels:
1. Main house on 0.31 acre, tastefully modernized
2. 72' x 30' Rear parcel described in the tax record as “Stable Lot”, with original brick ruins

Main house
2 story clapboard
Original pine flooring, high ceilings
3 bedrooms, including primary suite, dressing room/bath
2 ½ baths
Updated Kitchen granite, gas cooktop, cabinetry and pantry
Front parlor, Living and Dining Rooms, family room
Covered porches, balcony, brick patio

Attached Apartment
Sells Furnished – past rentals up to $1,800/mo
Separate entrance at rear of main house offers functional living with historic charm
Living room, Bedroom, Kitchen, Bath, Laundry closet with hook-ups, private 2nd story balcony

This amazing property seeks a history buff interested in preservation and stewardship of this home and carriage house lot.

Location

State VA

County Petersburg

Community Folly Castle

Area 57 - Petersburg

Direction Enter Petersburg via main Business Rt 460 - Washington St. House is on the left

Rooms

Basement Crawl Space, Partial, Unfinished

Interior

Heating Electric, Zoned

Cooling Zoned

Fireplaces Type Decorative

Fireplace Yes

Exterior

Pool None

Community Features Curbs, Gutter(s)

Roof Type Composition

Porch Balcony, Rear Porch, Enclosed, Porch

Garage No

Building

Lot Description Landscaped, Level

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Clapboard,Frame

New Construction No

Construction Status Historic

Schools

Elementary Schools Cool Spring

Middle Schools Vernon Johns

High Schools Petersburg

Others

Tax ID 023-160006

Ownership Individuals


Central Virginia Regional MLS (CVR MLS)
Listed by Tranzon Key Auctions

Nearby Locations

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Name

Name

Phone*

Phone

Message

Message
Paul Myers

+1(804) 350-9371

paul@rcep1.com

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416 W Washington ST