Current MLS Listings for Raintree
Henrico County, VA (Zone 22)
Raintree is a well-established subdivision nestled centrally in Richmond’s suburban West End in west-central Henrico County. Located just southeast of Short Pump and and northwest of the Tuckahoe community, Raintree offers excellent access and proximity to schools including Godwin High School, Byrd Elementary and Pemberton Middle— all three of which border the community— premium shopping opportunities at the Short Pump Towne Center and surrounding retail destinations, and easy commute time to employment centers in both Richmond’s West End (such as Innsbrook) and the City of Richmond. Bounded by Ridgefield Parkway to the north, Gaskins Road to the east, Gayton/Quioccasin Road to the south, and Pump Road to the west, Raintree’s very accessible suburban location is well-balanced by the natural character of its setting. The subdivision is criss-crossed by natural waterways of Deep Run Creek and Stony Run Creek, possesses ample green space, includes a 3 acre lake, and is exceptionally close to Deep Run Park— an Henrico County public park with nature trails and recreation opportunities just across Ridgefield Parkway to the northeast.
Raintree is comprised of a range of home styles and ownership offerings which include single family detached homes, townhomes, and condominiums at affordable price points from the low $100s up to the high $300s. The detached single family home section, begun in the mid 1970s and its largest market, includes a mix of traditional 2- story Colonials, Dutch Colonials, Tri-levels, and Cape Cods. Home sizes tend to range from 2,000 - 3,500 SF and enjoy slightly larger than typical suburban lot sizes of 0.25 - 0.5 acres featuring mature landscaping and plantings. Home prices range from the low $200s up to the high $300s. While a number of these homes were constructed between 1975 and 1980, there are several newer homes which were also completed in the early 1990s.
Ivystone Village and Heritage Hill make up Raintree’s sections of townhomes, also constructed in the mid-1970s. The townhomes of Ivystone Village feature a more contemporary aesthetic with 1.5-2 story open floor plans, vaulted ceilings, ample windows, and hardiplank/hardwood siding. Raintree’s Heritage Hill section of townhomes tend towards the more traditional 2 story colonial design but with similar 3-4 bedroom functional utility. Home sizes in both sections range from approximately 1,000-1,600 SF and tend to trade in the $100k-$200k range.
Condominium options are found in both the Ivystone Village and Raintree Commons sections. Raintree Commons, a section of condo units completed in the early 1990s, tends to command a relatively higher price point due to their newer construction, and desirable location commonly offer marginal and premium waterfront views of Lake Gregory. While condos in Raintree Commons tend to sell at a slightly higher price point than Ivystone Village, the typical unit size is no larger than 2 bedrooms while the Ivystone Village units are no larger than 3 bedrooms.
Raintree does have a nominal annual HOA fee, based on type of homeownership, which covers common area maintenance and insurance. Condo and townhome HOA fees are more substantial, addressing more exterior and common element maintenance items within those specific sections. Although the Raintree community does not offer any exclusive amenities, the Raintree Swim and Racquet Club, a private recreation club, is located in the heart of the subdivision off of Raintree Drive. Based on a tiered pricing structure, membership affords residents to a flexible access package of indoor and outdoor tennis courts, a full size Olympic pool, racquetball, a fitness center and smorgasbord of exercise/training classes, as well as its recently renovated clubhouse.