Mansion on Swift Creek Reservoir hits the market, private island included

The 6,800 square foot home at 4000 Island Park Court. (Photos courtesy of CVRMLS)

A waterfront home on Swift Creek Reservoir once linked to a nearby event venue that recently closed has been listed for sale for $2.1 million.

The 6,800 square foot home at 4000 Island Park Court was listed last Tuesday. The property totals 5.4 acres and includes a small island connected by a walkway.

Jared Davis

Jared Davis with EXP Realty has the listing, which does not include an attached 1.9 acres that is also available for purchase. The property is located at the northwest end of the reservoir, where the stream of the same name flows into it.

Davis is representing the seller, Stephen Caudill, who has moved out and is no longer using the house. Caudill previously owned the home with his late wife Lori, who died in 2019, according to an obituary.

Lori’s family, the Thackers, owned the land which was developed as the Cambria Cove housing estate, which borders and provides access to the house. Lori and her family also founded Celebrations on the Reservoir, a venue for weddings and events off Woolridge Road, about half a mile across the water. The venue closed in January after nearly 20 years in business.

Built in 1998, the Island Park home is accessible from Cambria Cove but is not included in the homeowners association, Davis said. The fenced and gated property includes several hundred feet of shoreline between the home site and the island.

The 5.4 acre property with additional acreage available faces Swift Creek Reservoir adjacent to the Cambria Cove Subdivision.

Totaling six bedrooms with four full baths and three half baths, the two-story home features a first-floor master suite with gas fireplace, two closets, and a bathroom with a whirlpool tub and steam shower.

The rest of the bedrooms are on the second floor, which also includes an office and three bathrooms. The first floor includes a den with a bar and a wine fridge.

The property also includes a gunite pool, patios and decks with hot tub hookup, outdoor kitchen and fireplace, and an island gazebo.

The vaulted ceiling den includes a wet bar with a dishwasher and wine fridge.

Chesterfield County valued the three parcels that make up the listing at $1.5 million combined.

Since listing the property on May 31, Davis said he’s had five viewings and hosted an open house that attracted seven potential buyers. He said on Monday he had an offer on the roster and could sign her this week.

“It’s definitely an entertainment house. It’s designed for someone who likes to be entertained,” Davis said.

The property includes terraces and patios leading to a gunite swimming pool.

He said interest in the list was split between locals and foreigners, with some inquiries coming from Northern Virginia, New York and out of the country. He said he marketed the listing with video tours and contacted relocation companies.

“It’s the first floor primary, which has been important to people,” he said. “Even if it’s a giant house, if someone wanted to move in, even if it was an empty nest, they can still live on the first floor and never have to go up.”

At $2.1 million, Davis said the listing was the only one in its price among active listings at Chesterfield.

“You don’t see a ton in Chesterfield at $2 million, but for most people looking in the $2 million range, that ticks so many boxes that even most $2 million homes don’t tick. not,” he said. “You have the pool, the beachfront, the size, the square footage, the privacy. It’s quite unique, especially for Chesterfield.

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