Virginia’s housing market showcases a wide range of luxury properties that reflect the state’s rich history, scenic landscapes, and modern amenities. With a $5 million budget, buyers can explore an array of options, from historic estates and waterfront homes to equestrian properties and contemporary urban residences. This diversity allows buyers to experience luxury living tailored to their lifestyle, whether nestled in the countryside, along the coast, or within vibrant city centers.
9. Virginia Beach, VA – $4,500,000
This property in Virginia Beach is priced at $4,500,000. This 6,834 sq. ft. single-family home, built in 2003, features 5 bedrooms, 7 bathrooms, and ocean views on Sand bridge’s North End. The property includes a chef’s kitchen, a spiral staircase, an in-law suite with a kitchen, four garages, and an elevator for accessibility. Additional features include a geothermal HVAC system, 45 electric hurricane shutters, a new roof, and a bulkhead designed for coastal durability.
Listing Agent: Christopher Dennis @ Coldwell Banker Irepresentbuyers.Com
8. Mclean, VA – $5,500,000
All this in Mclean for $5,500,000. This 10,450 sq. ft. single-family home, built in 1939, sits on a 2.3-acre lot and includes 5 bedrooms and 10 bathrooms. The property features a main house with reclaimed elements, a two-story foyer, a kitchen with high-end appliances, a breakfast area with retractable doors, and multiple ensuite bedrooms.
Additional structures include a 3-car garage, a loft/fitness room with a powder room, and a stone carriage house with hardwood floors, a bathroom, and a separate garage.
Listing Agent: Piper Gioia Yerks @ Coldwell Banker Washington Fine Properties, LLC.
7. Fairfax, VA – $4,800,000
All this in Fairfax for $4,800,000. This single-family home, built in 2016, offers 14,592 sq. ft. of living space in Fairfax City. The property includes 7 bedrooms and 9 bathrooms. The layout is designed to provide ample space for living and entertainment across multiple levels.
The home features modern construction with large living areas and high-end finishes. The location is in the center of Fairfax City, offering convenient access to nearby amenities.
Listing Agent: Truc T Nguyen @ Coldwell Banker Classic Realty, Ltd.
6. Warrenton, VA – $5,500,000
In Warrenton, this is an example of what you can buy for $5,500,000. This single-family Georgian-style home, built in 2005, spans 10,500 sq. ft. and sits on over 100 acres in Warrenton, Virginia. It includes 5 bedrooms, 6 bathrooms, and features 12-foot ceilings, a bespoke kitchen with exposed beams, and an elevator serving all three floors. The lower level offers two additional bedrooms, a marble bathroom, a wine room, a gym, and a large entertainment space with a fireplace.
The property includes a pool with a kitchen pavilion and cabana, a one-bedroom guest house, a two-stall barn, formal gardens, woodlands, open pastures, and a pond. Recent upgrades include commercial-grade wiring, renovated bathrooms, Starlink internet, and two generators.
Listing Agent: William Thomas @ Coldwell Banker Ttr Sotheby’S International Realty
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5. Charlottesville, VA – $4,875,000
For $4,875,000, here’s what you get in Charlottesville. This single-family brick manor home, built in 1991, spans 11,605 sq. ft. and is situated on over 88 acres near Charlottesville. The property includes 7 bedrooms, 10 bathrooms, and features expansive terraces, porches, and recreational amenities such as a swimming pool and a professional pickleball court.
The land includes pastures, trails, and long frontage along the Rivanna River, offering opportunities for outdoor activities. The home is located on an elevated knoll with views of surrounding fields, mountains, and forests. The estate combines living, entertaining, and recreational spaces within a private and spacious setting.
Listing Agent: Jim Faulconer & Will Faulconer @ Coldwell Banker Mclean Faulconer Inc., Realtor
4. Richmond, VA – $4,500,000
In Richmond, $4,500,000 will get you this property. This 5,887 sq. ft. single-family Colonial home, built in 1938, sits on a 2.35-acre lot with access to the Kanawha Canal and James River. The property includes 4 bedrooms, 7 bathrooms, a renovated kitchen with Sub Zero and Viking appliances, and a family room with a fireplace.
Additional features include a sunroom with bluestone floors, a Gunite saltwater pool, two mudrooms, and an elevator providing access to the second floor. The owner’s suite features a bedroom with a fireplace, two walk-in closets, a spa-like bath, and access to a rear terrace. The third floor offers additional finished space suitable for an office or recreation room.
Listing Agent: Margaret Wade @ Coldwell Banker Bought with Providence Hill Real Estate
3. Virginia Beach, VA – $5,595,000
I’d say you get the most modest home for nearly a five million dollars in Virginia Beach. This 9,622 sq. ft. single-family home, built in 2016, features 12 bedrooms, 15 bathrooms (13 full, 2 half), and is sold fully furnished. It includes a gourmet kitchen with granite countertops, stainless steel appliances, and a spacious elevator providing access to all three floors.
The property offers an indoor heated pool, an outdoor resort-style pool with a lounging pool and pergola, a grilling station, and multiple entertainment spaces such as a theater room, arcade, and billiard room with a pub-style bar. Additional features include a lower-level kitchen, two laundry areas, a Sonos sound system, and in-ground sprinklers. Outdoor spaces include a second-level covered lanai with ocean views and a stone paver patio for outdoor living.
Listing Agent: Christopher Fritts @ Coldwell Banker Siebert Realty
2. Middleburg, VA – $4,825,000
This spacious home in Middleburg is all yours for $4,825,000. This 4,105 sq. ft. single-family home, to be built in 2025, features 4 bedrooms, 5 bathrooms (4 full and 1 half), and is located on 1.5 acres within the Residences at Salamander in Middleburg, Virginia. The main level includes 14-foot ceilings in the Great Room and Kitchen, stainless steel appliances, Quartzite countertops, a mudroom, a laundry room, and a library.
Each bedroom offers walk-in closets, dual vanities, soaking tubs, and showers, with structured network wiring. The upper level has 9-foot ceilings, and the main living spaces open to a private courtyard for extended leisure and entertainment. The property includes a detached garage with two enclosed spaces and one carport, alongside access to Salamander Resort amenities.
Listing Agent: Ruth Boyer O’Dea & John Stephen Edelmann @ Coldwell Banker Ttr Sotheby’S International Realty
1. Mclean, VA – $5,500,000
Here’s what you get in Mclean for $5,500,000. This 11,834 sq. ft. single-family home, built in 2021, sits on 2 acres and features 6 bedrooms and 8 bathrooms. The main level includes a two-story foyer, living room, dining room, family room with a fireplace, a chef’s kitchen with Leicht German cabinetry, a guest bedroom with an en-suite bath, and a mudroom with a custom dog-washing station.
The upper level contains the owner’s suite with a sitting room, spa-inspired bath, and walk-in closet, along with three additional bedrooms, each with private baths and walk-in closets, and a laundry room. The walk-out lower level includes a wet bar, 500-bottle wine room, home theater with heated seats, and a guest bedroom with a full bath. The property also features a three-car garage with 12-foot ceilings, translucent glass doors, and an additional breezeway for extra parking.
Listing Agent: Piper Gioia Yerks @ Coldwell Banker Washington Fine Properties, LLC.
I can’t help but wonder, can you really justify spending that much on a house? Sure, they’re gorgeous, but the market can be unpredictable. Have you thought about resale value?