Monument Square Condos

Updated: Apr 26


Welcome to the luxury condo neighborhood of Monument Square Condos, located at Willow Lawn Dr. and Monument Ave., just over the county/city line, in Henrico County. This location offers city convenience as well as county benefits. People living here know that within a few minutes drive they can easily be to downtown, The Fan, Libbie/Grove, Carytown and Willow Lawn. These units were built between 2008 and 2018 by Gumenick Properties. Within the community, you will find either "Mansion" styled condos - single level units with either 2 or 3 bedrooms, while the "Townhome" styled condos can be either 2 or 3 level units.


Here you will find many luxury details not normally found in condos! Here you will find units with sizes ranging from a low of around 1218 SF (for a 1 bedroom 1 bath unit) to over 3,000 SF for a 3 level townhome styled unit!


The monthly HOA fee ranges from a low of 382/month to a high of $660/month (as of March 2022). This fee includes common area maintenance, exterior maintenance, sewer, snow removal, water & trash removal, as well as the community's many amenities. Pets are allowed, but you will need to check the HOA documents to see what the pet restrictions are here.


Amenities here include a salt water pool, clubhouse, exercise room, outdoor barbecue area with grills, fire pit and shuffle board.


Buildings are secure and some have elevators. Some units, but not all, may have a deeded storage unit. Some units, but not all, may have a 1 or 2 car garage.


The community has a total of 193 units - as of March 2022, 169 of these units are owner occupied. It is possible that rentals are allowed in this neighborhood, but since rules change in many communities on a yearly basis, it is best to review those HOA documents if you desire to purchase the unit for investment purposes.


Real Estate Stats for Monument Square Condos:


2020 Real Estate Market Stats ---

  • 13 units sold

  • Average List Price = $738,608

  • Average Sales Price = $735,429

  • Average Time on Market = 37 Days

  • 3 units sold over the asking price

2021 Real Estate Market Stats ---

  • 18 units sold

  • Average List Price = $647,928

  • Average Sales Price = $647,686

  • Average Time on Market = 32 Days

  • 3 units sold over the asking price

I am proud to be an expert Realtor in townhomes & condos throughout the Richmond area, including city of Richmond, Henrico County and Chesterfield County. If you want to find out more about condos and townhomes throughout Richmond, please feel free to get in touch with me! As your Richmond area condo & townhome real estate expert, I am here to help!

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