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$699,900 - 7Br/7Ba - for Sale in Folly Castle, Petersburg
Price: $699,900
Beds: 7
Baths: 6 full, 1 half
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.60
Lot Size SqFt: 26,136
Year Built: 1763
Neighborhood: Folly Castle
Days on Website: 38

Courtesy of EXP Realty LLC

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Property Description

Folly Castle c. 1763 – A Rare Historic Treasure in the Heart of Petersburg Step back in time without sacrificing modern comfort at Folly Castle, one of Petersburg’s most iconic and historically significant homes. Believed to have been completed in 1763 by Peter Jones II—the grandson of the city’s founder—this architectural masterpiece is a rare surviving example of 18th-century craftsmanship. Its name, “Folly Castle,” stems from the extravagant vision of a young, childless bachelor building a grand estate—what some called a folly, now a landmark. Meticulously constructed and lovingly maintained, the main residence features soaring ceilings, original heart pine floors, exquisite millwork, floor-to-ceiling windows, and fireplaces in nearly every room. The home offers 4 spacious bedrooms, 3 with ensuite bathrooms, blending timeless elegance with modern convenience. The English basement has been transformed into a luxurious, fully equipped 1-bedroom apartment—ideal for guests or income-producing potential. In addition, the original brick kitchen building now serves as a beautifully renovated 2-bedroom, 2-bath residence with its own stylish kitchen. The charm continues outdoors with a brick-lined courtyard, white picket fencing, a tranquil fishpond, and mature Virginia plantings that have flourished for generations. Situated on a fenced .6-acre lot, there’s ample space in the rear for additional parking, a garage, gardens, or a future pool. Whether you’re a history enthusiast, preservationist, or simply someone seeking a one-of-a-kind estate, Folly Castle offers unmatched character and versatility in a setting rich with heritage.

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Property Details and Features

  • Basement
  • Basement YN: t
  • Bathrooms
  • Bathrooms Total Integer: 7
  • Building
  • Below Grade Finished Area: 1856
  • Construction Materials: Brick,Frame,Mixed,WoodSiding
  • Living Area Source: Assessor
  • Other Structures: Storage,GuestHouse,Gazebo
  • Rooms Total: 13
  • Exterior Features
  • Patio And Porch Features: Balcony,Deck,FrontPorch,Porch
  • Interior Features
  • Interior Features: WetBar,SeparateFormalDiningRoom,Fireplace,GraniteCounters,HighCeilings
  • Listing
  • Ownership Type: SoleProprietor
  • Ownership: Individuals
  • Location
  • County Or Parish: Petersburg
  • Lot
  • Parcel Number: 023-120018
  • Parking
  • Parking Features: Detached,Garage,OffStreet,UnfinishedGarage,WorkshopInGarage
  • Possession
  • Possession: CloseOfEscrow
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Security Features
  • Security Features: SecuritySystem
  • Taxes
  • Tax Annual Amount: $3,837
  • Tax Assessed Value: $381,400
  • Tax Legal Description: LOTS 3-4 GILL ESTATE105X250
  • Tax Year: 2023

Property Map

$699,900 – 323 W Washington Street, Petersburg, VA 23803

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