505 Wales Drive, Highland Springs, VA 23075

$225,000
3
BD
1
BA
1,056
SqFt

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Sold Price
$225,000
List Price
$225,000
Days on Market
21
Closing Date
Oct 16, 2025
MLS#
CVR-2524337
Status
CLOSED
Type
Single Family Residential
Style
Ranch
Year Built
1957
Bedrooms
3
Full-baths
1
County
Henrico
Region
42 - Henrico
Neighborhood
Meadowview
Subdivision
Meadowview

Property Description

Located north of Washington Street in the Meadowview subdivision of Highland Springs, this brick rancher is a home that will appeal to both investors and homebuyers. Conveniently situated between I-64 and I-295, both of which are only 2.5 miles away, one could reach both downtown Richmond and Mechanicsville in just fifteen minutes, while Richmond International Airport is a mere 4.5 miles down the road. Upon entry, the living room connects with the dining room to the right, and both of these, along with the bedrooms and the hallway, showcase sturdy hardwood floors. The dining room opens to the kitchen, which offers plenty of cabinet space and ample room for cooking. One of the home's three bedrooms is off of the kitchen, offering a fine view of the shaded back yard. Off of the main hallway and to the right, there is a full bathroom with mosaic tile flooring, a tub/shower, and a single vanity. The other two bedrooms are at the end of the hall, one on the front side of the house and one on the back, which are spacious and lend themselves well to entertaining guests. A step-down utility room is behind the kitchen, providing storage space, a washed and dryer, and access to the patio in the back yard. Pet owners and parents will appreciate that the sizable back yard is completely fenced in, and the tool shed allows for extra storage. A short walk down the street, The Springs Recreation Center offers a place for the public to picnic, play Pickleball and Croquet, and participate in classes and events that are held throughout the year. Another option for entertainment nearby is the historic Henrico Theater, famous for its live shows and $1 movies. Any investor looking for a single-family home in this neighborhood will be hard pressed to find a better deal than this, and this area is one in which the rental market is consistently strong. There are opportunities for upgrades and improvements, and recent sales show that it would not take much effort to build upon the value that is here already. Schedule your showing today!

Additional Information

Acres
0.22
Living Area
1,056
Exterior Features
Storage, Shed, Unpaved Driveway
Elementary School
Highland Springs
Middle School
Fairfield
High School
Highland Springs
Roof
Asphalt, Composition, Shingle
Appliances
Dryer, Electric Water Heater, Oven, Refrigerator, Stove, Water Heater, Washer
Cooling
Central Air, Electric
Heating
Electric, Heat Pump
Basement
Crawl Space
Taxes
$1,711

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Seay Real Estate. Contact: 804-310-0499

Selling Office: NextHome Advantage.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .