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$599,000 - 4Br/3Ba - for Sale in Folly Castle, Petersburg
Price: $599,000
Beds: 4
Baths: 2 full, 1 half
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.31
Lot Size SqFt: 13,682
Year Built: 1830
Neighborhood: Folly Castle
Days on Website: 0

Courtesy of Tranzon Key Auctions

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Property Description

AUCTION! Bid online – price is value range only. Early offers presented. 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. 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, brick and frame Original pine flooring, high ceilings 3 bedrooms, including primary suite with dressing room and bath 2 ½ baths Up to date Kitchen has granite, gas cooktop, cabinetry and pantry Front parlor, Living and Dining Rooms, family room Covered porches, balcony, brick patio Attached Apartment (former servants’ quarters) 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 The house is a beautifully maintained 2-story, 4,532-square-foot brick and frame residence with an attached, renovated and furnished apartment — space that was originally built to house the servants who staffed the household. Today it functions as an independent one-bedroom living space with its own kitchen, bath, living area, and private balcony, giving a buyer built-in flexibility: extra space for family, a home office, or an income-producing rental unit. Seeking Preservation-minded homeowners, small investors, and anyone drawn to Petersburg’s continuing revitalization.

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Property Details and Features

  • Basement
  • Basement YN: t
  • Bathrooms
  • Bathrooms Total Integer: 3
  • Building
  • Below Grade Finished Area: 0
  • Construction Materials: Clapboard,Frame
  • Living Area Source: Assessor
  • Rooms Total: 9
  • Community
  • Community Features: Curbs,Gutters
  • Exterior Features
  • Patio And Porch Features: Balcony,RearPorch,Enclosed,Porch
  • Listing
  • Ownership Type: SoleProprietor
  • Ownership: Individuals
  • Location
  • City Region: Folly Castle
  • County Or Parish: Petersburg
  • Lot
  • Parcel Number: 023-160006
  • Possession
  • Possession: CloseOfEscrow
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Taxes
  • Tax Annual Amount: $3,919
  • Tax Assessed Value: $313,000
  • Tax Legal Description: 75.6-63 X 181.6-184.4
  • Tax Lot: 75 x 178
  • Tax Year: 2025

Property Map

$599,000 – 416 W Washington Street, Petersburg, VA 23803

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