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ChesapeakeSOUTH NORFOLK1027 Chesapeake Ave✓ Source: REIN MLS #10600116 · record updated Mar 17, 2026 · synced every 2 min · your inquiry is never resold
1027 Chesapeake AVE, CHESAPEAKE VA 23324 - Main photo
$135,000
134days on market

1027 Chesapeake Ave, Chesapeake, VA 23324

SoldLand and Farms · SOUTH NORFOLK

About this home

The listing, in the seller's words

Welcome to 1027 Chesapeake Ave, a prime .48-acre lot located in the charming South Norfolk Neighborhood of Chesapeake, VA. This versatile parcel is zoned B-5, allowing for a variety of multi-use opportunities, making it an ideal choice for investors or developers looking to capitalize on the growing demand in the area. The lot features a spacious layout with easy access to major thoroughfares, ensuring high visibility and excellent traffic flow. Surrounded by a mix of residential and commercial developments, this location offers the perfect blend of community and convenience. Imagine the possibilities! Whether you envision a vibrant retail space, a cozy café, or a mixed-use development, the flexibility of B-5 zoning allows you to bring your vision to life. Plus, you'll benefit from the neighborhood's close-knit atmosphere, which fosters connection and a sense of community.

Listing courtesy of Darryl Ward · The Real Estate Group · REIN MLS #10600116

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Land and Farms

HOA

None

Taxes

$1,701/yr

County

Chesapeake VA

Waterfront

Yes

MLS #

10600116

Construction & exterior

Waterfront
Not Waterfront

Utilities & systems

Utilities available
City Sewer, City Water

Lot, parking & ownership

Lot size
0.4800
Road surface
Paved
Subdivision
SOUTH NORFOLK
Zoning
B5
Ownership
Fee Simple
Possession
SETTLEMENT

See more Chesapeake land & lots.

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510034

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

South Norfolk

South Norfolk is one of Chesapeake's oldest urban neighborhoods, a historic borough laid out along the Southern Branch of the Elizabeth River at the city's northern edge.

$320K

Median sale · 12 mo

$190

Sold $/sq ft

22d

Days on market

37

For sale now

$62K

HH income

60.3%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore South Norfolk
Map of South Norfolk with neighborhood boundaryNeighborhood

Chesapeake homes for sale

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive 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.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$882/mo

Principal & interest

$700

Property tax

$142

Home insurance

$39

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Sale & Tax History

List Price

$135,000

Price / Sq Ft

$0

Annual Taxes

$1,701

Monthly Tax

$142

HOA

None

Tax Rate (effective)

1.26%

Sale Timeline (this listing)

EventDatePriceDetail
ListedDec 26, 2025$135,000
SoldMar 16, 2026$135,000

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:

Chesapeake Real Estate Assessor

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.

Questions buyers ask

Real questions, answered from the record

Is 1027 Chesapeake Ave in a good school zone?+
The assigned zones on the listing record are Truitt Intermediate (GreatSchools 2/10), Oscar Smith Middle (GreatSchools 7/10), Oscar Smith (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1027 Chesapeake Ave in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 1027 Chesapeake Ave?+
Yes — RheuFit is about 1 miles away, per the cached nearby-places record for this address.
Are there parks near 1027 Chesapeake Ave?+
Johnson Park is about 0.3 miles away.
Where is the nearest grocery store to 1027 Chesapeake Ave?+
In and out smoke shop and deli is about 0.2 miles away. The closest dining on record is Dunkin' (0 mi).
Does 1027 Chesapeake Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Darryl Ward · The Real Estate Group · REIN MLS #10600116

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

1027 Chesapeake Ave, Chesapeake, Virginia 23324 · MLS #10600116 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.