0 days on market
$237,000
1949 Shipyard Rd
Chesapeake, Virginia 23323
MLS# 10631753 · DEEP CREEK · Chesapeake VA
Updated Apr 26, 2026 · Source: REIN MLS
Est. payment
$1,568/mo
Edit below
Price / sq ft
$198
1,198 sq ft
Days on market
0
New listing
HOA
None
Year built
1981
45 yrs old
Beds
3
Full Baths
1
Half Baths
0
Sq Ft
1,198
Garage
Yes
Schools
- ElementaryDeep Creek Elementary School7/10
- MiddleDeep Creek Middle School7/10
- 5/10
Info provided by GreatSchools
About this home
Investor Special. Sold strictly as-is; where-is. No repairs to be made by seller.
Listed by Julian Rivera · Iron Valley Real Est Norfolk
VaHome Team property overview
Meet 1949 Shipyard Road — a three-bedroom, two-bath ranch on a generous two-acre lot in Chesapeake's Deep Creek neighborhood. Built in 1981 and spanning 1,225 square feet, this property gives you genuine breathing room just minutes from two major military installations.
Read full property overview ↓Show less ↑
Why this home stands out
Two acres in an established Chesapeake neighborhood is genuinely rare at this price tier, and 1949 Shipyard Road delivers exactly that. The single-level layout keeps daily living simple, while the expansive lot opens the door to gardens, outbuildings, or just wide-open space that most suburban parcels simply can't offer. It's the kind of property where the land itself becomes a feature you'll use every single day.
DEEP CREEK and the Chesapeake real estate market
Deep Creek is one of Chesapeake's most grounded and unpretentious communities — a place where larger lots, mature trees, and a slower pace of life define the everyday experience. The neighborhood sits in the western reaches of Chesapeake, a city that consistently ranks among Virginia's most livable thanks to its low density, strong infrastructure, and easy access to the broader Hampton Roads region. If you've been running a chesapeake city va property search and want something with real land attached, Deep Creek tends to surface near the top of that conversation. The surrounding area blends rural character with practical convenience — you're never far from what you need, but you won't feel like you're stacked on top of your neighbors either. Chesapeake itself covers more square mileage than any other city in Virginia, and Deep Creek reflects that spacious identity well. Quiet streets, established homes, and a community that values its outdoor surroundings make this corner of the city a consistently appealing place to put down roots.
What's nearby
Daily life around 1949 Shipyard Road is low-effort in the best way. Restaurante Mexicano is just 0.6 miles away when you want a quick, satisfying dinner without the drive. For outdoor time, you have real options within walking distance: Parkview Play Area is only half a mile out, and both Izaak Walton Park and the Izaak Walton Campfire Ring sit at 0.6 miles — making it easy to spend an afternoon outside without planning a road trip. That combination of green space and everyday dining within a short walk adds up to a neighborhood that genuinely supports an active, comfortable routine.
For different buyers
For military families relocating
USCG Finance Center Chesapeake is roughly ten minutes away, and Norfolk Naval Shipyard clocks in at about eleven — so 1949 Shipyard Road puts you in a strong position for either duty station. A VA loan can make a two-acre property like this more accessible than you might expect, and your BAH rate for the Chesapeake area is well-suited to this part of town. Stability, space, and short commutes rarely line up this cleanly.
For families upgrading
If your current home feels like it's shrinking, two acres has a way of solving that problem. There's room here for a real backyard, a workshop, a garden, or simply the kind of space where kids can actually run. The single-level three-bedroom layout keeps the floor plan manageable, and Deep Creek's established character means you're upgrading into a neighborhood with staying power — not a flash-in-the-pan development.
Frequently asked questions
How far is 1949 Shipyard Road from USCG Finance Center Chesapeake?
The drive is approximately 10 minutes under normal traffic conditions. It's one of the closer residential options to that installation in the Deep Creek area.
How far is 1949 Shipyard Road from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is about 11 minutes away by car, making this address a practical choice for personnel assigned there as well.
What is the lot size at 1949 Shipyard Road?
The property sits on two acres, which is notably generous for an in-town Chesapeake address and gives you substantial room for outdoor use, storage structures, or future improvements.
Is 1949 Shipyard Road in a flood zone?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.
What parks are near 1949 Shipyard Road?
Parkview Play Area is about half a mile away, and both Izaak Walton Park and the Izaak Walton Campfire Ring are within 0.6 miles — all easily reachable on foot or by a very short drive.
Ready to walk the full two acres at 1949 Shipyard Road? Tom and Dariya Milan at LPT Realty know Deep Creek well — reach out and let's set up a visit.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
1949 Shipyard RD, Chesapeake
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
3
Full Baths
1
Half Baths
0
Approx Sq Ft
1,198
Stories
1
Fireplaces
0
Flooring
Carpet, Vinyl
Heating
Heat Pump
Cooling
Central Air
Laundry
Interior Features
N/A
Appliances
None
Sale & Tax History
List Price
$237,000
Price / Sq Ft
$198
Annual Taxes
$3,231
Monthly Tax
$269
HOA
None
Tax Rate (effective)
1.36%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 5, 2026 | $237,000 | — |
| Currently listed | — | $237,000 | — |
Public-Records Assessment
Source: Chesapeake via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$319,900
Land
$185,000
Improvement
$134,900
Parcel ID: 0340000000232 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Chesapeake
Chesapeake is Virginia's second-largest city by area and offers a mix of suburban subdivisions, rural acreage, and waterfront properties along the Intracoastal Waterway. Western Branch, Greenbrier, and Great Bridge are among the most sought-after neighborhoods, with top-rated public schools and easy access to I-64 and the Chesapeake Expressway. The city is known for lower property taxes and larger lot sizes compared to neighboring Virginia Beach and Norfolk, which makes it especially attractive to families looking for more space.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$1,568/moPrincipal & interest
$1,230
Property tax
$269
Home insurance
$69
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by Iron Valley Real Est Norfolk · MLS# 10631753
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$237,000
1949 Shipyard RD, CHESAPEAKE VA 23323
Chesapeake, Virginia 23323
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