Overview

Luxury Homes for Sale in Monument Avenue Park, Richmond, VA

Richmond, Virginia’s Monument Avenue Park is a modest area with high growth potential.

Monument Avenue Park is located within Richmond City County and is considered one of Virginia’s best neighborhoods to reside. Monument Avenue Park is home to some of the most impressive pre-Civil War homes, many of which are not usually found in other areas. The community mainly consists of medium-sized homes that are reasonably priced compared to the surrounding region. If you wish to know more about this modest enclave, do not hesitate to reach out to our team.

NEARBY BUSINESS DISTRICT: Monument Avenue Park will surely attract affluent purchasers looking for comfortable homes close to business and commercial institutions, as well as tranquil and soothing parks and green spaces as the community is conveniently located near downtown Richmond, which is approximately 5.6 miles away from the area. This is an advantage for young professionals looking for various career prospects in the city’s business district.

VARIETY OF ARCHITECTURAL STYLES: Two-story homes predominate in the neighborhood, with a mix of Bungalows, Cape Cods, Cottages, and Custom-Built homes among the other types of residences. It is a beautiful community with a diverse selection of homes created in a range of architectural styles to suit the tastes of different purchasers and investors.

AMPLE RECREATION: Monument Avenue Park and the surrounding area offer a diverse range of leisure options. It’s an excellent neighborhood for families with children because of its proximity to parks, libraries, playgrounds, and various dining establishments.

Homes in Monument Avenue Park

5 Real Estates Facts about Monument Avenue Park

  • Residences in the community typically range in price from $250,000 to $790,000, while 0.21-acre undeveloped lots suitable for construction reach a peak price of roughly $1,450,000 in the neighborhood.
  • Most homes are designed to accommodate large families as it usually features two to five bedrooms and one to five bathrooms configurations.
  • The houses commonly give an interior living space of 1,300 sq. ft. to 3,500 sq. ft.
  • Several antique homes built in 1952 and a mix of modernized dwellings constructed in the first half of 2018 make up the neighborhood, providing a broad range of properties for prospective buyers to choose from.
  • Single-family homes, townhouses, and condominiums are all available for purchase in the neighborhood, as are land parcels.
ON THE MAP

Monument Avenue Park Map

Monument Avenue Park has ideally situated a 10-minute drive from downtown Richmond, which can be reached via Interstate 195 to the east. The main roadways of Monument Avenue and W Franklin Street can be used to get to the core business center as an alternative route. Staples Mill Road and W Broad Street are located on the northeast segment of the neighborhood, connected to State Routes 33 and 250 on the east, which also directs to downtown Richmond. The area is likewise bordered by Staples Mill Road and W Broad Street in the northwest segment of the neighborhood. Monument Avenue Park is also accessible via Maywill Street, connecting the community to Triangle Rock Club – Richmond en route to Thalbro Street on the neighborhood’s eastern edge.

Market Overview

Real Estate Information in Richmond, VA

Median listing price

$300,000

median price per sqft

$189

average days on market

50

home ownership percentage

42.6%

Median price of sold homes

$305,000

median rent

$1,025

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Ready to take the next step?

I’m a lifelong resident of Chesterfield, Virginia, working in the Virginia real estate market since 2995. I’m committed to providing the resources and information homeowners, and aspiring owners need for their transactions. For any questions about buying or selling properties in the area, please don’t hesitate to contact me today.

Meet the locals

Who Lives in Richmond, VA

Population

232,866

Median Age

34

Median Household Income

$47,250

Households

90,301

household size

2.39

cost of living

95.1

Entertainment

Things to do in Monument Avenue Park

Triangle Rock Club - Richmond

An excellent climbing gym with a wide variety of bouldering and rope alternatives.

Bryan Park

Walking and bike paths wind their way around the park, making it an excellent area to get some exercise.

Virginia Museum of Fine Arts

The Virginia Museum of Fine Arts' broad art collection includes African art, American art, British sporting art, Fabergé, and Himalayan art, and it is considered one of the largest art museums in North America in terms of square footage of exhibition space.

Huguenot Flatwater - James River Park System

There is a birding facility on this 37-acre property, as well as a boat port and walking routes for bank fishing.

Education

Schools in Monument Avenue Park

School NameGradesAdmission
Mary Munford Elementary SchoolPK - 5Public
Albert Hill Middle School6 - 8Public
Open High School9 - 12Public