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Back 3500 Margate Drive
Off Market

3500 Margate Drive

Richmond VA 23235

5
3
2
3038 sq. ft.
0.9 ac.
Single-Family
Last sold for $485,000
Asif KabaniAsif Kabani, last sold this property on 05 June 2026 after 457 days on market.

Overview

Mid-Century Masterpiece on Nearly 1-Acre in the Heart of Bon Air!Step into a world of space, style, and serenity. Nestled on a rare 0.90-acre corner lot in the sought-after Twin Valley Farms community, 3500 Margate Drive is more than just a home—it’s a versatile sanctuary designed for modern living. This expansive 3,038 sq. ft. residence was thoughtfully source-measured by its owner, a professional architect, ensuring every inch of the five-bedroom layout is maximized for comfort. Why You’ll Fall in Love:Architectural Elegance: The main level greets you with a bright, airy formal living room featuring a picturesque window and original hardwood floors that flow into the formal dining room.Chef’s Dream: Prepare meals in a beautifully renovated kitchen featuring sleek countertops and modern appliances.Multigenerational Versatility: The lower level offers incredible flexibility with a spacious family room, a wood-burning fireplace, and a private bedroom and full bath—the perfect setup for guests, in-laws, or a dedicated home office.Hidden Gems: Discover the private third-floor bonus room, a secluded retreat ideal for a playroom, studio, or fifth bedroom.Outdoor Oasis: Enjoy a massive backyard with ample room for gardens, playsets, or hosting the ultimate summer BBQ.Premium Location: Located within walking distance of top-rated schools like Fisher Elementary and great private schools. Also located just minutes from the vibrant dining and shopping of Bon Air. Rare OpportunitySold "as-is," this home allows you to move into a renovated space while putting your final personal touches on a classic piece of Richmond architecture. Don’t miss your chance to own one of the largest lots in 23235. Schedule your tour today and experience the "Good Air" of Bon Air living!

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3038 sq. ft. floor area
0.9 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Richmond over the last 12 months, the estimated median property value of 3500 Margate Drive is $602.5k.

Median value
$602.5k
Estimated value range
$362.5k - $1.3m
Median days on market
14
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3500 Margate Drive

2026
Sold
$485,000
05 Jun 2026 by Asif Kabani

Happy sellers in Richmond

94%
94% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Richmond over the last 12 months.

Local market activity for 5 bedroom single-family properties in Richmond

In the last 12 months, 22 five-bedroom single-family properties similar to 3500 Margate Drive, have been sold.

This represents a 22% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Richmond

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Kay M. Thomas

Kay M. Thomas is a recommended agent for Richmond.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Richmond
  •  2 Sales in Richmond
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Holly Shaheen

Holly Shaheen is a recommended agent for Richmond.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Richmond
  •  2 Sales in Richmond
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Jared Stiegelmeyer

Sellers who recommend Jared Stiegelmeyer have praised them for being local expert, clear communication, patient, friendly, detail-oriented, flexible, and stress-free process

  •   5   (31 reviews)
  •  1 Review in Richmond
  •  2 Sales in Richmond
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Lindsey Mobley

Lindsey Mobley is a recommended agent for Richmond.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (69 reviews)
  •  1 Review in Richmond
  •  1 Sale in Richmond
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