Raintree Commons Condos

Updated: Apr 26

Welcome to Raintree Commons Condos, one of 5 townhome and condo communities in the Raintree neighborhood. These condos were built in the early 1990's and is the only waterfront condo community in Raintree. All condos are one level; you will have a lower level condo as well as a upper level condo in each building. The buildings are hardboard sided. All units are 2 bedrooms, 2 baths with 1,000 to 1,200 SF depending on the unit location. Pets are also allowed with restrictions - no more than 1 animal, with a 25# weight limit.

Raintree is one of the first planned developments in the 1970's. It consists of 1,100 single family & townhome/condo communities throughout, as well as 105 acres of wooded, community space, with walking trails throughout. There is also an 8.5 mile lake accessible by all residents, with a 1/2 mile circumference. It is very close to Deep Run Park. There is a swim and racquet club in the neighborhood; however, the HOA fees DO NOT include membership in this - that is a separate membership fee. When Raintree was developed, the nice thing was that developers did not clear cut the property, so you find many wooded areas throughout.

As of March 2022, the HOA fee was $295/month, which covers common area maintenance, exterior maintenance, water, sewer, snow removal, trash removal, yard maintenance. There is an additional mandatory fee of $155/year to Raintree for maintenance of the lake and the walking trails.

There are 30 units in this neighborhood - as of March 2022, 25 are owner occupied.

Real estate market stats for Raintree Commons Condos:

2020 real estate market stats ---

  • 3 units sold

  • Average List Price = $211,300

  • Average Sales Price = $209,500

  • Average Time on Market = 7 days

  • 1 unit sold over asking price

2021 real estate market stats ---

  • 1 unit sold

  • Average List Price = $218,000

  • Average Sales Price = $230,000

  • Average Time on Market = 3 days

  • 1 unit sold over 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!

2 views0 comments

Recent Posts

See All