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ChesapeakeARLINGTON MEADOWS1329 Penrose Ln✓ Source: REIN MLS #10633884 · record updated Jun 4, 2026 · synced every 2 min · your inquiry is never resold
1329 Penrose LN, CHESAPEAKE VA 23320 - Main photo
1329 Penrose LN, CHESAPEAKE VA 23320 - Photo 2
1329 Penrose LN, CHESAPEAKE VA 23320 - Photo 3
1329 Penrose LN, CHESAPEAKE VA 23320 - Photo 4
1329 Penrose LN, CHESAPEAKE VA 23320 - Photo 5
$699,900
$292 / sqft · est. $4,332/mo →
4beds
3baths
2,400sqft
26days on market

1329 Penrose Ln, Chesapeake, VA 23320

Under ContractResidential · built 2010 · ARLINGTON MEADOWS

About this home

The listing, in the seller's words

Custom-built and thoughtfully upgraded, this 4-bedroom, 3-bath ranch offers over 2,300 square feet of refined single-level living in Chesapeake. The open layout features updated finishes throughout, including a well-designed kitchen with granite countertops, stainless steel appliances, custom cabinetry, and generous prep space. The primary suite includes a private office or flex space for remote work, fitness, or a quiet retreat. A rare standout in this market, the property offers SIX total garage spaces with both an attached 2-car garage and an insulated detached garage/workshop complete with mini-split HVAC, loft storage, multiple 30-amp and 240V receptacles, and new deck just completed in 2025. Additional upgrades include a tankless water heater with recirculation system, generator hookup with lockout switch, LED lighting, surround sound wiring, alarm system, and oversized gutters. Centrally located near shopping, dining, and major roads. Parking space for your boat/RV and no HOA!

Listing courtesy of Andy Nelson · Iron Valley Real Estate HR · REIN MLS #10633884

VaHome team overview

Our read on this home

At a glance

1329 Penrose Lane is a 4-bedroom, 3-bath single-family home in Arlington Meadows, Chesapeake, offering 2,400 square feet on a generous 0.36-acre lot. Built in 2010, it sits just four minutes from USCG Finance Center Chesapeake and sixteen minutes from Norfolk Naval Shipyard.

Read the full overview ↓

Why this home stands out

What sets 1329 Penrose Lane apart is the combination of a newer build — 2010 construction means modern systems and code standards — with a lot size that's hard to find close to the city core. At 0.36 acres, there's genuine outdoor breathing room here. Four bedrooms and three full baths give the floor plan real flexibility, whether you need a dedicated home office, a guest suite, or space for a growing household.

ARLINGTON MEADOWS and the Chesapeake real estate market

Arlington Meadows is a well-established residential community in the heart of Chesapeake, Virginia — a city known for its balance of suburban comfort and genuine Southern character. Streets here are quiet and tree-lined, and the neighborhood draws a mix of military families, long-term residents, and professionals who want space without sacrificing convenience. If you've been searching chesapeake city houses for sale and wondering which pockets actually deliver on lifestyle, Arlington Meadows consistently earns high marks. Chesapeake itself is one of the largest cities by land area in the entire country, which translates to parks, greenways, and a pace of life that doesn't feel rushed. The Great Dismal Swamp National Wildlife Refuge is within reach for weekend hiking and wildlife watching, and the broader South Hampton Roads corridor puts you close to Virginia Beach beaches, downtown Norfolk dining, and the region's major employment hubs — all without the congestion of living right in the urban core.

What's nearby

Day-to-day errands and routines are easy to manage from Penrose Lane. Grocery options, pharmacies, and everyday retail are all within a short drive along the major corridors near Arlington Meadows. For fitness, TEALL Transformation Yoga is less than a mile away — a local studio offering yoga classes for all levels, ideal if you want a wellness routine that doesn't require a long commute. The surrounding Chesapeake neighborhoods also offer a solid mix of casual dining and coffee spots, so whether you're grabbing a quick breakfast before work or winding down after a long day, you won't have to travel far to find what you need.

For different buyers

For military families relocating

At four minutes from USCG Finance Center Chesapeake, 1329 Penrose Lane is about as close as it gets for Coast Guard personnel. Norfolk Naval Shipyard is a straightforward sixteen-minute drive, making this address workable for dual-military households too. VA loan eligibility can make a four-bedroom home on a third-of-an-acre lot even more accessible — and BAH rates in the Hampton Roads area are among the stronger allowances in the region.

For families upgrading

Four bedrooms, three full baths, and 2,400 square feet on a 0.36-acre lot — this is the kind of layout families move into and stay in for years. The 2010 build year means you're not inheriting aging mechanicals or outdated electrical panels. There's room for everyone inside, and the lot gives kids genuine outdoor space. If you're ready to trade up from a townhome or a smaller footprint, 1329 Penrose Lane is worth a close look among homes for sale in Chesapeake.

More buyer questions

How far is 1329 Penrose Lane from USCG Finance Center Chesapeake?

The drive is approximately four minutes under normal traffic conditions, making it one of the closest residential options to the base. For active-duty Coast Guard personnel, that kind of proximity is genuinely rare in this price tier.

How far is 1329 Penrose Lane from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is about sixteen minutes away by car, a manageable commute for Shipyard workers or sailors attached to vessels in the yard. The route is well-traveled and avoids the worst of Hampton Roads bridge-tunnel traffic.

What is the lot size at 1329 Penrose Lane?

The lot measures 0.36 acres, which is notably larger than the typical suburban lot in this part of Chesapeake. That extra space gives you room for a garden, outdoor entertaining area, or simply a larger yard buffer between neighbors.

Is 1329 Penrose Lane in a flood zone?

Flood zone designation for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. We recommend reviewing that information and discussing it with your lender or insurance agent before making any decisions.

What are the closest grocery stores and everyday services to Penrose Lane?

Several grocery chains and pharmacy options are within a short drive along the main commercial corridors near Arlington Meadows in Chesapeake. TEALL Transformation Yoga, a local fitness studio, is under a mile from the address for residents who prioritize walkable wellness options.

Tom and Dariya Milan at LPT Realty know Arlington Meadows and the broader Chesapeake market inside and out. Reach out to get honest, local guidance on this address and what it could mean for your next move.

Summary generated by AI from public records and publicly available information.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2010

Price / sqft

$292

HOA

None

Taxes

$5,960/yr

County

Chesapeake VA

Waterfront

Yes

MLS #

10633884

Interior

Bedrooms
4
Full baths
3
Approx. sqft
2,400
Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
10
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Breakfast Area, Fin. Rm Over Gar, PBR with Bath, Office/Study, Pantry, Porch
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Range, Refrigerator, Washer Hookup
Equipment
Attic Fan, Cable Hookup, Ceiling Fan

Construction & exterior

Style
Ranch, Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Vinyl
Pool
No Pool
Fencing
Back Fenced,Full
Waterfront
Not Waterfront

Utilities & systems

Heating
Forced Hot Air, Nat Gas
Cooling
Central Air
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.3600
Subdivision
ARLINGTON MEADOWS
Zoning
R15S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Garage Det 2 Car, 4 Space
Possession
SETTLE
Disclosures
Disclosure Statement

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

Flood & environment

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

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

Explore this neighborhood

Butts Station

Butts Station is an area in the Greenbrier vicinity of northeastern Chesapeake, organized along Butts Station Road toward Kempsville Road (ZIP 23320).

1

For sale now

$132K

HH income

86.1%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Butts Station
Map of Butts Station with neighborhood boundaryNeighborhood

see more Chesapeake homes

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

$4,332/mo

Principal & interest

$3,632

Property tax

$497

Home insurance

$204

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

Asking vs. assessment

119% of $589,900

City assessment record · taxes $5,960/yr

Land share of assessed value

32% — $190,000

Improvements $399,900 · assessor record ✓

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.

Price context — similar nearby homes

$365,000$670,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

905 Berkely CT · 2 mi · 2,364 sqft$585,000 sold 2026-02
900 Ricka CT · 2.3 mi · 2,414 sqft$499,000 sold 2026-03
1209 Priscilla LN · 2.4 mi · 2,526 sqft$520,000 sold 2026-03

Sale & Tax History

List Price

$699,900

Price / Sq Ft

$292

Annual Taxes

$5,960

Monthly Tax

$497

HOA

None

Tax Rate (effective)

0.85%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 9, 2026$699,900
Currently listed$699,900

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

19% above assessment

Total Assessed

$589,900

Land

$190,000

Improvement

$399,900

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 1329 Penrose Ln in a good school zone?+
The assigned zones on the listing record are Greenbrier Primary, Greenbrier Middle (GreatSchools 6/10), Indian River (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is there a gym near 1329 Penrose Ln?+
Yes — TEALL Transformation Yoga is about 0.9 miles away, per the cached nearby-places record for this address.
Does 1329 Penrose Ln have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1329 Penrose Ln built?+
It was built in 2010, per the listing record.

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 Andy Nelson · Iron Valley Real Estate HR · REIN MLS #10633884

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.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

1329 Penrose Ln, Chesapeake — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

1329 Penrose Ln, Chesapeake, Virginia 23320 · MLS #10633884 · 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.