3731 Grubbs Lane B, Richmond, VA 23224
None · Richmond City County
Key Facts
Description
Own for Less Than Rent – Brand New Construction in the City of Richmond! Discover an affordable opportunity to stop renting and step into new construction homeownership, with monthly payments that can be comparable to—or less than—rent. This modern, single level condo features the Chestnut floor plan, offering 3 bedrooms, 2 full baths, and approximately 1,102 square feet of well designed living space. The open concept layout includes a spacious great room, stainless steel appliances, upgraded cabinetry, and an included washer and dryer for move-in ready convenience. The private deck provides an ideal outdoor retreat, while the thoughtfully planned interior delivers both comfort and functionality. Designed for easy living, this home offers a low maintenance lifestyle with brand new construction benefits. Located in South Richmond near Boushall Middle, this community offers convenient access to major interstates, downtown Richmond, shopping, dining, and employment centers. Enjoy the advantages of city living while building equity in a brand new home—an increasingly rare combination at this price point. Ideal for first time buyers, growing households, or anyone seeking an attainable new construction option, the Chestnut floor plan represents one of the best values in Greater Richmond.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Modern
Year Built
2026
Stories
1
Living Area
1,102 sq ft
Ownership
Corporate
Days on Market
2
MLS® Listing#
2618366
Property Features
- Interior:
- Eat-in Kitchen, High Ceilings, Walk-In Closet(s), Master Downstairs
- Exterior:
- Lighting
- Appliances:
- Electric Cooktop, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Water Heater, Washer
- Cooling:
- Central Air
- Heating:
- Electric, Heat Pump
- Flooring:
- Carpet, Tile, Vinyl
- Pool:
- None
- Patio:
- Rear Porch, Patio, Porch
- Fencing:
- None
- Construction:
- Frame, Vinyl Siding
- Foundation:
- Slab
- Roof:
- Shingle
- Windows:
- Insulated Windows
- Security:
- Smoke Detector(s)
- Sewer:
- Public Sewer
- Water Source:
- Public
Rooms
- Bedroom 39.0 x 11.0First
Schools
- Elementary:
- Frances W. McClenney
- Middle:
- River City
- High:
- Richmond High School for the Arts
HOA & Tax
- HOA:
- $95/Monthly
- Parcel #:
- TBD
Affordability Calculator
$54,398
Estimated monthly payment
$1,448/mo
Principal $217,592 · Est. interest $303,560 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richmond, VA
- $409,697
- Median Listing Price
- 41
- Median Days on Market
- 1,623
- Median Sq Ft
- $249
- Median Price / Sq Ft
- 514
- Active Listings
- This home’s price is 34% below the area median.
- Its price per sq ft is 1% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, VA.
Location
- 3731 Grubbs Lane B, Richmond, VA 23224
Nearby Schools
TC Boushall Middle School
Secondary · 0.3 mi away
smart Cookie Learning Center II
School · 0.6 mi away
Broad Rock Elementary School
Elementary · 0.6 mi away
Falling Creek Middle School
Secondary · 0.7 mi away
Falling Creek Elementary School
Elementary · 0.9 mi away
Precious Blessing Academy
School · 1.0 mi away
JL Francis Elementary School
Elementary · 1.1 mi away
Summer Hill Elementary School
Elementary · 1.5 mi away
Cardinal Elementary
Elementary · 1.5 mi away
The Garden Schoolhouse
School · 1.6 mi away
JG Hening Elementary School
Elementary · 1.8 mi away
Metropolitan African American Baptist Church
Elementary · 2.0 mi away
Ruffin Road Elementary School
Elementary · 2.1 mi away
Elkhardt Middle School
Secondary · 2.2 mi away
Hopkins Road Elementary School
Elementary · 2.3 mi away
Wee Folks Nursery
School · 2.4 mi away
Meadowbrook High School
Secondary · 2.4 mi away
GH Reid Elementary School
Elementary · 2.4 mi away
Oak Grove Bellemeade Elementary School
Elementary · 2.5 mi away
Bensley Elementary School
Elementary · 2.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Moving Cost Estimate
EXIT Agents in Richmond
Listing Courtesy: Long & Foster REALTORS - (804) 467-9022
Presented by: John Thiel
Last Updated: 2026-07-06