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Chesapeake › GRAYSON COMMONS › 1540 Eldwick Drive #101✓ Source: REIN MLS #10650588 · record updated Aug 24, 2026 · synced every 2 min · your inquiry is never resold
1540 Eldwick Drive #101 NONE, CHESAPEAKE VA 23320 - Main photo
1540 Eldwick Drive #101 NONE, CHESAPEAKE VA 23320 - Photo 2
1540 Eldwick Drive #101 NONE, CHESAPEAKE VA 23320 - Photo 3
1540 Eldwick Drive #101 NONE, CHESAPEAKE VA 23320 - Photo 4
1540 Eldwick Drive #101 NONE, CHESAPEAKE VA 23320 - Photo 5
$344,900
$249 / sqft · est. $2,419/mo →
2beds
2baths
1,386sqft
0days on market

1540 Eldwick Drive #101, Chesapeake, VA 23320

New ListingResidential · built 2026 · GRAYSON COMMONS

Facts & features

Type

Residential

Year built

2026

Price / sqft

$249

Condo fee

$195/mo

HOA fee

$75/mo

Taxes

$3,100/yr

County

Chesapeake VA

MLS #

10650588

Association amenities

Ground MaintPlaygroundsPoolTrash PickupWater

$195/mo condo fee + $75/mo HOA fee · Grayson Commons Condominium Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,386
Stories
1
Flooring
Carpet, Vinyl
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
5
Other rooms
1st Floor Primary BR
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Washer Hookup
Equipment
Cable Hookup

Construction & exterior

Style
Lo Rise
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool

Utilities & systems

Heating
Heat Pump, Programmable Thermostat
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
GRAYSON COMMONS
Unit / floor
1
Ownership
Condo
Garage
No
Parking
Lot
Possession
SETTLE
Miscellaneous
Pet Restrictions, Warranty Plan
Disclosures
Common Interest Community, Exempt from Disclosure/Disclaimer

See more Chesapeake new construction homes.

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

About this home

Now Pre-Selling The Flats at Grayson Commons. Limited time incentives: $10K anyway allowance plus up to $7,000 toward closing cost assistance when using preferred lender for financing, see agent for details. Our Rowen model is a 1st floor corner location that features an open-concept floorplan, high ceilings, large windows for plenty of natural light, & beautiful interior finishes. Spacious kitchen with island, quartz countertop, and stainless steel appliances. One level living w/ 2 bedrooms and 2 baths. Owner's suite includes a private bath and walk-in closet with custom wood shelving. Enjoy a patio or balcony space off living room. Photos and video are for illustrative purposes only and are of models in a previous community, Finishes, upgrades and included features vary.

Listing courtesy of Clarice Savereux · Dragas Companies Realty Inc · REIN MLS #10650588

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1540 Eldwick Drive #101 is a brand-new 2026-built condo in Chesapeake, Virginia, offering 1,386 square feet, two bedrooms, two full baths, and a location that puts the USCG Finance Center just five minutes away — a rare combination of new construction and commute convenience.

Keep searching in Chesapeake

See all Chesapeake homes for sale, including homes for sale in 23320, homes for sale zoned for Indian River High School, and homes for sale zoned for Greenbrier Primary School. Browse every listing among homes for sale in Chesapeake — updated from the REIN MLS every few minutes. Nearby, look at Butts Station homes for sale, Chesapeake waterfront homes for sale, Chesapeake condos and townhomes for sale, and new construction homes in Chesapeake.

Read the full overview ↓

Why this home stands out

New construction finished in 2026 means everything — systems, surfaces, fixtures — is untouched and under warranty. At 1,386 square feet across two bedrooms and two full baths, the floor plan gives each occupant genuine breathing room rather than the compressed layouts common in older Chesapeake condos. Ground-floor unit #101 skips the elevator wait entirely, and the USCG Finance Center is a literal five-minute drive from the front door.

GRAYSON COMMONS and the Chesapeake real estate market

Chesapeake is one of the largest cities by land area on the East Coast, and the 23320 zip code sits squarely in its developed, well-connected core. The Greenbrier corridor — just north of Eldwick Drive — is the commercial and lifestyle spine of this part of the city: big-box retail, specialty grocers, urgent-care clinics, and a dense ring of restaurants all cluster within a short drive. The neighborhoods immediately surrounding this address tend to be established, owner-occupied communities with mature tree canopy and low through-traffic. If you are comparing homes for sale in 23320, you will notice that this pocket of Chesapeake delivers suburban calm without sacrificing access — Interstate 64 and the Chesapeake Expressway are both reachable in minutes, connecting you to Virginia Beach, Norfolk, and the broader Hampton Roads region with ease.

What's nearby

Day-to-day errands are easy from 1540 Eldwick Drive. The Greenbrier area's grocery and pharmacy options are close, and the broader retail corridor handles everything from hardware runs to weekend shopping without a long drive. When you want something more casual, PRIME757 Food Truck operates less than a mile away — a local favorite that rotates creative, Hampton Roads–inspired dishes worth tracking down. Norfolk Naval Shipyard is about 16 minutes west, making this address a practical base for sailors and civilian employees alike. Parks, walking trails, and green space are woven throughout this section of Chesapeake, giving the area an outdoor-accessible feel even in a dense suburban setting.

For different buyers

For military families relocating

The USCG Finance Center Chesapeake is five minutes from your front door — as short a commute as you will find anywhere in the region. Norfolk Naval Shipyard runs about 16 minutes west. A VA loan pairs naturally with a new-construction purchase like this one, and the ground-floor entry means no stairs after a long duty day. Families comparing Chesapeake homes for sale will find few addresses this dialed-in for dual-service households.

For first-time buyers

A 2026 build means you are the first person to use everything — no deferred maintenance, no aging appliances, no surprises hiding behind the walls. At 1,386 square feet with two full baths, the layout handles a roommate, a home office, or a growing household without feeling cramped. Families exploring homes for sale zoned for Indian River High School and homes for sale zoned for Greenbrier Primary School will find this address falls within that attendance zone, adding long-term planning value to an already practical entry point.

More buyer questions

How far is 1540 Eldwick Drive from the USCG Finance Center Chesapeake?

The USCG Finance Center Chesapeake is approximately five minutes by car from 1540 Eldwick Drive #101 — one of the shortest base commutes available among homes for sale in Chesapeake right now.

How far is 1540 Eldwick Drive from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is roughly 16 minutes west of this address under normal traffic conditions, making it a manageable daily commute for sailors and civilian workers stationed there.

Is 1540 Eldwick Drive #101 in a flood zone?

Flood zone information for this address is displayed in the FloodRisk tile on this page — check there for the current FEMA designation and any insurance implications.

What year was 1540 Eldwick Drive #101 built?

Unit #101 at 1540 Eldwick Drive was completed in 2026, making it brand-new construction with all systems, finishes, and appliances in their original, warranty-covered condition.

Does 1540 Eldwick Drive #101 have an HOA?

Condo communities like this one typically carry an HOA that covers shared-area maintenance and exterior upkeep — confirm the current HOA structure and any rules with your agent before closing.

Ready to walk through 1540 Eldwick Drive #101 in person? Tom and Dariya Milan at LPT Realty know this Chesapeake market well — reach out and let's set up a tour.

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

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

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

Flood Risk

Looking up FEMA flood 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).

$325K

Median sale · 12 mo

$210

Sold $/sq ft

12d

Days on market

0

For sale now

$132K

HH income

86.1%

Owner-occupied

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

Explore Butts Station →
Map of Butts Station with neighborhood boundaryNeighborhood

houses for sale in Chesapeake →

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

$2,149/mo

Principal & interest

$1,790

Property tax

$258

Home insurance

$101

PMI

None

HOA/Condo (paid separately)

$270

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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

Price context — similar nearby homes

$237,500 – $428,000

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.

1194 Killington Arch · 1.5 mi · 1,380 sqft$237,500 sold 2026-05
1321 Hamill LN · 1.6 mi · 1,431 sqft$375,000 sold 2026-07
524 N Hills DR · 1.5 mi · 1,502 sqft$428,000 sold 2026-04

Sale & Tax History

List Price

$344,900

Price / Sq Ft

$249

Annual Taxes

$3,100

Monthly Tax

$258

HOA + condo fees

$270 / mo

Tax Rate (effective)

0.90%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 24, 2026$344,900—
Currently listed—$344,900—

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.

Market tempo

0 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 1540 Eldwick Drive #101 in a good school zone?+
The assigned zones on the listing record are Greenbrier Primary, Greenbrier Middle (VaHome School Score 7.2/10), Indian River (VaHome School Score 4.9/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1540 Eldwick Drive #101 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.
Does 1540 Eldwick Drive #101 have an HOA or condo association?+
Both — this unit carries a condo association fee and a separate HOA (property owners association) fee. Current amounts for each are shown in the facts section on this page. The association of record is Grayson Commons Condominium Association. Association amenities on record include: Ground Maint, Playgrounds, Pool, Trash Pickup, Water.
When was 1540 Eldwick Drive #101 built?+
It was built in 2026, 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 Clarice Savereux · Dragas Companies Realty Inc · REIN MLS #10650588

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.

1540 Eldwick Drive #101, Chesapeake — photo

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

Call or text (757) 777-7577

1540 Eldwick Drive #101, Chesapeake, Virginia 23320 · MLS #10650588 · 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.

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