$244,662Average Value$128Average Price per Sq Ft1Home For Sale
Historic neighborhood in the city of Petersburg
Characterized by the remnants of cobblestone streets, notable historic landmarks and an array of eclectic storefronts, Old Towne Petersburg immerses residents in a picture of the past despite its modern-day urban surroundings. The northern border of this neighborhood is the Appomattox River, a tributary of the larger James River that flows through nearby Richmond. While Old Towne remains faithful to preserving its national historic identity, recent construction projects have helped to breathe new life into the neighborhood: “Old Towne Petersburg is being rejuvenated with an abundance of shops and restaurants,” says Cheryl Hagelstein of Front Door Realty LLC. This area is also home to a prominent arts scene and several creatively driven organizations, including the Petersburg Area Art League, the Walton Gallery and the Ward Center for Contemporary Art.
Commercial Old Street lined with 19th-century buildings
A trip down Old Street illustrates the neighborhood’s unique blend of centuries-old properties and newer commercial spaces; among the historic structures is Appomattox Iron Works, an industrial iron-production complex consisting of nine buildings that were built prior to the Civil War. Right next door is the Buttery Baking House, a modern bakery with a menu full of breakfast favorites. Farther along Old Street, residents can sit down for afternoon tea at the Blue Willow Tea Room and browse collectibles in Pennistons Alley Antiques, both of which are housed in twin Federal townhouses built in 1815. Over on East Bank Street, Demolition Coffee is a popular industrial-themed café where locals flock to secure their morning caffeine. For a night on the town, Trapezium Brewing Company and Old Towne’s Alibi, a pub-style eatery, both offer a vintage atmosphere and craft drinks.
Federal row houses and brick construction
19th-century Federal and Italianate-style row houses alongside standalone brick homes reflect a large portion of the historic residential properties in Old Towne. Other commonly seen housing styles include single-family homes and townhouses that display Second Empire, traditional-style and Colonial-inspired architecture. Many of the residential properties in this area feature various brickwork constructions, vividly colorful facades and eclectic exterior finishings. Smaller remodels can be found on Pocahontas Island, the oldest and easternmost part of the neighborhood that’s home to a historically Black community and the Pocahontas Black History Museum. For the most part, homes in Old Towne tend to range in price between approximately $125,000 and $425,000.
Go for a hike along the Appomattox River
The Appomattox River provides the backdrop for much of the community’s events and offers residents convenient access to related recreational opportunities, including bass fishing, canoeing and hiking along the Appomattox River Greenway trail. One of the greenway’s several trailheads is located at Appomattox Park, a small open green space with a parking lot; an additional trailhead can be found at Patton Park, an urban green space situated just outside the neighborhood. The nearby Petersburg Family YMCA offers both indoor and outdoor recreation activities in addition to hosting fitness classes, youth programs and community-focused activities.
Appomattox Regional Governor’s School is a Petersburg-based magnet school
Students in this area are zoned for Petersburg City Public Schools; young learners can jumpstart their academic journeys at Walnut Hill Elementary School, which receives a C-minus rating from Niche. Students might then head to Vernon Johns Middle School, which feeds into the C-minus-rated Petersburg High School. Although run by the Chesterfield County School district, the Appomattox Regional Governor’s School for the Arts and Technology is also located in Petersburg and stands as a premier magnet school that draws students from 14 localities.
Renovated event spaces in historic buildings
One of the highlights of Old Towne’s dynamic community is the River Street Market, a weekly gathering of vendors billed as a blend of arts, produce and culture. There are also a number of historic buildings in this neighborhood that have established themselves as event spaces; the Appomattox Iron Works building uses its renovated outdoor area to host festivals such as Arborfest. The Petersburg Union Station, which finished construction in 1910, became defunct in the latter half of the 20th century and has since been transformed into a popular venue for large events and celebrations.
Interstate 95 travels north toward Richmond
Commuters have convenient access to Interstate 95, which runs north-south near the neighborhood’s eastern side and travels approximately 25 miles into the Richmond area. Petersburg Area Transit (PAT) operates multiple bus lines throughout the city, many of which have stops in Old Towne. PAT also operated specialized transportation and express routes to Richmond for individuals with disabilities and senior citizens.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Steve Sawyer,
an experienced agent in this neighborhood.
Parks in this Area
Appomattox Park
Roslyn Landing
Floral Avenue Park
Poplar Lawn Park
Patton Park
Fishing
Trails
River
Reverend William H "Buster" Mattox Park
Basketball
Picnic Area
Playground
Transit
Airport
Richmond International
37 min drive
Bus
Grove Avenue And Browns Alley
Bus
Washington Street And Market Street (St. Joseph Church)
Bus
Old Street And Market Street (Carriage House)
Bus
Washington Street And Lafayette Street
Bus
Sycamore Street And Bollingbrook Street
Bus
Grove Avenue And Hurt Street
Bus
Sycamore Street And Franklin Street
Crime and Safety
1 - Low Crime, 10 - High Crime
Old Towne Petersburg
US
Homicide
7
4
Sexual Assault
6
4
Assault with Weapon
7
4
Robbery
8
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
6
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Old Towne Petersburg, Petersburg sell after 39 days on the market compared to the national average of 47 days. The average sale price for homes in Old Towne Petersburg, Petersburg over the last 12 months is $285,350, up 10% from the average home sale price over the previous 12 months.
Amazing opportunity to own a piece of history! The John Baird House, located in Old Towne, Petersburg, dates to 1783 and has a rich history as a personal residence, a church and a merchant marketplace. Beautiful restoration work + modern updates make the space inviting and ideal for residential or commercial use. The "porchless" facade atop a stone basement is a well-known landmark. Currently
629 Gilliam Street is a buildable lot located in Old Towne Historic District in Petersburg. The lot can be purchased individually or in connection with 626 Gilliam Street.
THREE LONGTERM OR MULTIPLE AIRBNB STYLE RENTALS in HISTORIC FOLLY CASTLE C. 1763. Folly Castle was thought to be completed in 1763 and is arguably one of the most historically significant structures in Petersburg. It was built by Peter Jones, II, who was the grandson of the city’s founder and namesake. In the 1700's, large dwellings were often referred to as castles. Because Peter was a young
Discover the perfect blend of historic charm and modern luxury in this completely renovated 3-bedroom, 2.5-bathroom single-family home, boasting 2,110 square feet of living space in Petersburg's coveted Historic Old Towne district. This stunning property features elegant Luxury Vinyl Plank flooring throughout, complemented by ceiling fans and recessed lighting. The gourmet kitchen is a chef's
In the heart of Petersburg, VA, High Street Lofts is the urban dweller’s dream apartment community. Located in Petersburg's most historic residential neighborhood, our cozy two-bedroom apartments boast nearby access to dining, shopping, entertainment, nightlife, and so much more. Not to mention, head to the nearby Union Train Station to explore the bright and bustling Old Towne Petersburg
Spacious 2b/2ba with outdoor patio, polished concrete floors, brick walls, large windows - Great historic downtown location, restaurants and retail at your doorstep.Designer Apartment Lofts in the heart of Historic Downtown! Great floor plans, many with walk-in closets, full-size front loading washer and dryer, energy star designer appliances. Some with private outdoor patios, brick walls and
Experience the pinnacle of upscale living at Mayton Transfer Lofts. Our apartments in the heart of Petersburg offer unparalleled sophistication, allowing you to immerse yourself in the vibrant culture of Old Towne. With top-tier amenities, resort-inspired services, and a prestigious address, you can enjoy urban conveniences while cherishing the peace you deserve. Conveniently nestled near I-95
Interested in learning more about homes in this area?
Reach out to
Steve Sawyer,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,205
Median Age
38
Population Density
6 ppl/acre
Population under 18
17.2%
Below the national average
23.8%
Population over 65
16.2%
On par with the national average
19.1%
Finances
Median Household Income
$50,678
Significantly below the national average
$71,702
Average Household Income
$55,917
Education and Workforce
High School Graduates
86.5%
On par with the national average
89.1%
College Graduates
33.6%
Advanced Degrees
13.2%
% Population in Labor Force
60.7%
On par with the national average
65.1%
Weather
Annual Precipitation
44''
Average Winter Low Temperature
28°F
Average Summer High Temperature
90°F
Annual Snowfall
10''
Area Factors
Somewhat Bikeable
Bike Score®
44/ 100
Very Walkable
Walk Score®
78/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
