Welcome to 1703 New Market Rd, a rare 7+ acre retreat offering space, privacy, and versatility just minutes from Richmond City. Zoned A1 with county taxes, this 5-bedroom, 3.5-bath Brick & Slate colonial boasts a First Floor Primary Suite & blends timeless character with thoughtful updates. Set on Virginia's Capital Trail & currently functioning as an income-producing AirBnB, this property features open pastures & a wooded backdrop, ideal for hobbyists, animal lovers or those seeking a private homestead. A long driveway leads to multiple parking areas, a large livestock enclosure & a well-equipped workshop with water, electric & covered carport. Additional outdoor features include a goat nursery, chicken coop, landscaped grounds & a tranquil waterfall pond. The backyard is designed for entertaining with an oversized patio, fire pit area & a fully equipped outdoor kitchen with custom brick smoker, grill, burner & sink, plus a dedicated hot tub/sauna house. Inside, the home offers original hardwood floors, detailed moldings, and flexible living spaces, featuring newer Andersen windows & air conditioning systems for comfort. The spacious kitchen includes a center island & stainless appliances. Head upstairs to a second primary bedroom with ensuite bath; plus three other bedrooms offering generous space & access to a walk-up attic with expansion potential. The basement adds more versatility with a workshop, mudroom, bonus spaces & a large bonus area complete with fireplace, sink & bath. Zoned for horses & livestock & located just minutes from Route 895, schools & Church Hill, this property offers the perfect balance of rural charm and accessibility.
Est. $2,497 per month, based on comparable rentals
Sale and tax history for 1703 New Market Rd
Sale History
Tax History
Date
Event
Price
CVRMLS #2608986
Jun 3, 2026
Sold
$640,000
$229/sq ft
Apr 19, 2026
Pending
—
Apr 14, 2026
Listed
$675,000
$241/sq ft
Public Records
Mar 31, 2016
Sold
$234,000
$84/sq ft
Public Records
Dec 1, 1988
Sold
$200,000
$71/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,083 (+1.4%)
$85,200 + $286,300
$371,500
2025
$3,039 (+5.1%)
$85,200 + $286,300
$371,500
2024
$2,893 (+5.5%)
$85,200 + $281,000
$366,200
2023
$2,741 (+8.0%)
$80,400 + $259,900
$340,300
2022
$2,538 (+7.6%)
$78,400 + $244,100
$322,500
2021
$2,359 (+5.3%)
$75,400 + $223,200
$298,600
2020
$2,241 (+4.0%)
$75,400 + $195,800
$271,200
2019
$2,156 (+3.2%)
$75,400 + $182,200
$257,600
2018
$2,090 (+2.6%)
$75,400 + $172,400
$247,800
2017
$2,038 (+4.8%)
$75,400 + $164,800
$240,200
2016
$1,945 (+6.6%)
$75,400 + $158,800
$234,200
2014
$1,825 (−7.6%)
$74,700 + $135,100
$209,800
2013
$1,976
$74,700 + $135,100
$209,800
Public record
Public record
Zoning
Beds
5
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
7.51 Acres
Year renovated
1965
Sq. Ft.
2,610
Year built
1947
Style
Single Family Residential
County
Henrico County
APN
806-695-1142
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
A-1
Agricultural District
The purpose of the A-1 Agricultural District is to reserve areas for traditional agricultural activities and to provide for their continuation as well as to preserve areas of rural character.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Community / recreation center
Housing-Group
Housing-Single unit
Public service
Educational/school
Cemetery
Housing-Mobile home park
Park & open space
Property details
Parking
Parking
Features: Driveway, Unpaved
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
# of Half Bathrooms: 1
Room Information
# of Rooms (Total): 8
Has Basement
Basement Information: Full, Interior Entry
Room 1 Information
Additional Room
Description: Workshop with Pegboard walls, workbench
Level: Basement
Dimensions: 15.0 x 18.0
Length: 15.0
Width: 18.0
Room 2 Information
Additional Room
Description: Large Walk In Storage Closet
Level: Basement
Dimensions: 15.0 x 5.6
Length: 15.0
Width: 5.6
Room 3 Information
Additional Room
Description: Drain installed, flexible use
Level: Basement
Dimensions: 11.0 x 18.0
Length: 11.0
Width: 18.0
Room 4 Information
Laundry
Description: Laundry, Mudroom, storage
Level: Basement
Dimensions: 16.0 x 12.0
Length: 16.0
Width: 12.0
Room 5 Information
Additional Room
Description: Bonus Area with FP, sink and Full bath
Description: Eat In, Island, SS Apps, Electric Cooking
Level: First
Dimensions: 13.0 x 15.6
Length: 13.0
Width: 15.6
Room 14 Information
Dining Room
Description: Open to Kitchen
Level: First
Dimensions: 15.0 x 13.0
Length: 15.0
Width: 13.0
Room 15 Information
Foyer
Description: Hardwoods, Light, Crown Molding
Level: First
Dimensions: 9.6 x 12.0
Length: 9.6
Width: 12.0
Room 16 Information
Half Bath
Level: First
Room 17 Information
Full Bath
Description: Shower
Level: Second
Room 18 Information
Full Bath
Description: Shower
Level: First
Room 19 Information
Full Bath
Description: Shower
Level: Basement
Laundry Information
Features: Washer Hookup, Dryer Hookup
Fireplace Information
Has Fireplace
# of Fireplaces: 2
Features: Wood Burning, Insert
Equipment
Appliances: Built-In Oven, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Smooth Cooktop
Water Heater: Electric
Interior Features
Window Features: Screen(s), Thermal Windows
Door Features: Sliding Doors
Flooring: Partially Carpeted, Vinyl, Wood
Other Features: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Fireplace, Kitchen Island, Laminate Counters, Bath In Primary Bedroom, Pantry, Recessed Lighting, Workshop
Exterior
Building Information
Stories: 2
Stories (Total): 2
Year Built Details: Approximate
Roof Details: Slate
Construction Details: Brick
Exterior Features
Exterior Features: Out Building(s), Porch, Unpaved Driveway
Patio And Porch Features: Rear Porch, Patio, Stoop, Porch
Other Structures: Utility Building(s), Barn(s), Outbuilding, Stable(s)
Fencing: Fenced, Partial, Wood
Pool and Spa Information
Spa Features: Sauna
Land Information
Horses Allowed
Horse Amenities: Horses Allowed
Lot Information
Lot Size Area: 7.509
Lot Size Acres: 7.509
Lot Features: Wooded
Zoning Description: A1
Property Information
Below Grade Unfinished Area: 1,080
Above Grade Finished Area: 2,799
Resale
Financial
Assessments and Fees
Assessed Value: $371,500
Tax Information
Annual Tax Amount: $3,039.46
Tax Year: 2025
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Has Cooling
Cooling: Electric, Attic Fan
Has Heating
Heating: Electric
Public facts
Beds: 5
Baths: 3.5
Sq. Ft.: 2,610
Stories: 2.0
Lot Size: 7.51 acres
Style: Single Family Residential
Year Built: 1947
Year Renovated: 1965
County: Henrico County
APN: 806-695-1142
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Varina Elementary School
Public PreK-5 • Assigned • 2.3mi
2/10
Rolfe Middle School
Public 6-8 • Assigned • 0.9mi
1/10
Varina High School
Public 9-12 • Assigned • 0.6mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Henrico, VA • 23231
Average low and high temperatures (°F)
45
26
50
31
67
43
75
51
77
57
87
67
89
72
82
65
79
62
71
50
63
42
50
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Henrico. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$614,000 – $743,000
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