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Chesapeake › GRAYSON COMMONS › 1540 Eldwick Drive #103✓ Source: REIN MLS #10650599 · record updated Sep 14, 2026 · synced every 2 min · your inquiry is never resold
1540 Eldwick Drive #103 NONE, CHESAPEAKE VA 23320 - Main photo
1540 Eldwick Drive #103 NONE, CHESAPEAKE VA 23320 - Photo 2
1540 Eldwick Drive #103 NONE, CHESAPEAKE VA 23320 - Photo 3
1540 Eldwick Drive #103 NONE, CHESAPEAKE VA 23320 - Photo 4
1540 Eldwick Drive #103 NONE, CHESAPEAKE VA 23320 - Photo 5
2beds
2baths
1,355sqft
21days on market

1540 Eldwick Drive #103, Chesapeake, VA 23320

ActiveResidential · built 2026 · GRAYSON COMMONS

Facts & features

Type

Residential

Year built

2026

Price / sqft

$240

Condo fee

$195/mo

HOA fee

$75/mo

Taxes

$3,100/yr

County

Chesapeake VA

MLS #

10650599

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
1,355
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 · city assessor · 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 Addison model features an open-concept floorplan & high ceilings, large windows for plenty of natural light, & beautiful interior finishes. Spacious kitchen with center island, quartz countertop, and stainless steel appliances. One level living w/ 2 bedrooms & 2 baths. Owner's suite includes a private bath & walk-in closet with custom wood shelving. 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 #10650599

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Unit 103 at 1540 Eldwick Drive is a two-bedroom, two-bath condo built in 2026 in Chesapeake. You're just five minutes from USCG Finance Center Chesapeake and sixteen minutes from Norfolk Naval Shipyard. This is a compact, modern home for anyone comparing Chesapeake homes for sale.

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 Plantation Lakes 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

Built in 2026, this residence offers fresh construction quality and contemporary finishes throughout. The open floor plan maximizes the 1,355 square feet across two bedrooms and two full bathrooms. A condo layout means no yard maintenance—you own the interior and share common grounds. The location puts you minutes from major military installations and everyday conveniences. This is the kind of low-maintenance footprint that appeals to buyers who value time over upkeep.

GRAYSON COMMONS and the Chesapeake real estate market

Eldwick Drive sits in a residential pocket of Chesapeake, Virginia's largest city by area. The neighborhood is composed of mixed housing types, with newer condos and townhomes anchoring the block. Tree-lined streets and nearby parks create a quieter feel despite proximity to commercial corridors. Chesapeake blends suburban comfort with urban access—you're twenty minutes to downtown Norfolk and the waterfront. Shopping, dining, and services cluster along nearby thoroughfares. The city's sprawling geography means most errands are a short drive. If you are comparing homes for sale in Chesapeake, note that the 23320 zip code sits in a convenient central location. Anyone looking at homes for sale in 23320 will find easy routes to both military bases and the broader Hampton Roads region.

What's nearby

PRIME757 FOOD TRUCK is less than a mile away, offering casual dining without the sit-down commitment. Grocery stores, pharmacies, and retail shops are within five minutes by car. Parks and recreational facilities dot the area, giving you outdoor space without yard responsibility. The condo's position on Eldwick keeps you close to main roads while maintaining a residential atmosphere. You're near enough to everything but far enough from the bustle.

For different buyers

Base commute and VA loan notes

Five minutes to USCG Finance Center Chesapeake and sixteen minutes to Norfolk Naval Shipyard mean short commutes for active-duty and civilian personnel. VA loan financing is common in this area. The 2026 construction and turnkey condition support a quick move-in timeline. No yard work or exterior maintenance frees up your weekends.

Room to grow

Two bedrooms and two full baths offer flexibility for a home office, guest room, or hobby space. The 1,355 square feet is efficient without feeling cramped. A condo layout eliminates exterior upkeep, letting you focus on living rather than maintenance. Modern 2026 systems and finishes mean fewer surprises down the road.

More buyer questions

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

About five minutes by car. It's one of the shortest commutes available in the Chesapeake area.

What is the drive time to Norfolk Naval Shipyard?

Roughly sixteen minutes from this address, making it accessible for shipyard workers and their families.

Are there homes for sale zoned for Indian River High School and Greenbrier Primary School in this area?

Yes. This address falls within the attendance zones for both homes for sale zoned for Indian River High School and homes for sale zoned for Greenbrier Primary School.

What year was this condo built?

2026. It's brand-new construction with modern systems, finishes, and energy efficiency.

Is there an HOA at 1540 Eldwick Drive?

Yes. As a condo, the property includes HOA coverage for common areas, landscaping, and exterior maintenance.

Ready to tour 1540 Eldwick Drive? Contact Tom & Dariya Milan to schedule a showing and explore this Chesapeake condo today.

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

Homes like this one sell fast — see the next one first

Chesapeake$275K – $375K2+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

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…

Hurricane Evacuation Zone

Evacuation Zone C

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

Explore this neighborhood

Plantation Lakes

Plantation Lakes is a lake-focused neighborhood in the Greenbrier area of Chesapeake, Virginia. It sits in the 23320 ZIP code near I-64 and the Greenbrier shopping district.

$390K

Median sale · 12 mo

$235

Sold $/sq ft

7d

Days on market

0

For sale now

$135K

HH income

85.7%

Owner-occupied

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

Explore Plantation Lakes →
Map of Plantation Lakes 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

$2,040/mo

Principal & interest

$1,687

Property tax

$258

Home insurance

$95

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

Why the land carries the value

Asking vs. assessment

102% of $319,600

City assessment record · taxes $3,100/yr

Land share of assessed value

100% — $319,600

Improvements $0 · assessor record ✓

Price context — similar nearby homes

$237,500 – $407,000

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
1194 Killington ARCH · 1.5 mi · 1,380 sqft$289,000 sold 2026-07
1009 Vanderploeg DR · 1.7 mi · 1,350 sqft$335,000 sold 2026-06

Own a home nearby? See what it is worth today — What's your Chesapeake home worth?

Sale & Tax History

List Price

$325,130

Price / Sq Ft

$240

Annual Taxes

$3,100

Monthly Tax

$258

HOA + condo fees

$270 / mo

Tax Rate (effective)

0.95%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 24, 2026$325,130—
Price increasedSep 14, 2026$325,130+$230
Currently listed—$325,130—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

Asking near assessment

Total Assessed

$319,600

Land

$319,600

Improvement

N/A

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

21 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 #103 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 #103 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 #103 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 #103 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

Brokered by 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 #10650599

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 #103, Chesapeake — photo

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

Call or text (757) 777-7577

1540 Eldwick Drive #103, Chesapeake, Virginia 23320 · MLS #10650599 · 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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