Jonnie Williams’ mansion sells for nearly half original listing price

Posted at 8:22 AM, Sep 14, 2016
and last updated 2016-09-14 08:22:17-04

GOOCHLAND COUNTY, Va. — Just days after federal prosecutors announced they would not seek to retry former governor Bob McDonnell and wife Maureen McDonnell on corruption charges, the star witness in the case that found the couple guilty has sold his 28-acre Goochland County estate.

The onetime home of Jonnie Williams, former CEO of Star Scientific, sold Monday for $2.7 million – nearly half its initial list price of $4.9 million.

The listing agent was Susan Cullen of Long & Foster, who declined to discuss the listing or transaction, citing the buyer’s and seller’s desire for privacy.

Louise Thompson of Joyner Fine Properties represented the as yet unknown buyer. The deed for the sale had not been recorded with Goochland County as of Tuesday. A call to Thompson was not returned.

The colonial-style house was listed last year, on March 25 – similarly just days after the McDonnells’ Wyndham home landed a buyer less than a week after it was listed.

The price was later reduced to $3.9 million, then to $3.2 million in late February. It was further dropped to $2.7 million in late June, and the house was listed as pending four days later. It was taken off market and re-listed June 30 before the sale was listed as pending on July 7.

Click here to continue reading on RichmondBizSense.

The CBS 6 Problem Solvers are Working For You.

Contact the CBS 6 Problem Solvers

📱 Download CBS 6 News App
The app features breaking news alerts, live video, weather radar, traffic incidents, closings and delays and more.