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Chesapeake › GRAYSON COMMONS › 1540 Eldwick Drive #201✓ Source: REIN MLS #10650593 · record updated Aug 24, 2026 · synced every 2 min · your inquiry is never resold
1540 Eldwick Drive #201 NONE, CHESAPEAKE VA 23320 - Main photo
1540 Eldwick Drive #201 NONE, CHESAPEAKE VA 23320 - Photo 2
1540 Eldwick Drive #201 NONE, CHESAPEAKE VA 23320 - Photo 3
1540 Eldwick Drive #201 NONE, CHESAPEAKE VA 23320 - Photo 4
1540 Eldwick Drive #201 NONE, CHESAPEAKE VA 23320 - Photo 5
$309,900
$224 / sqft · est. $2,227/mo →
2beds
2baths
1,386sqft
0days on market

1540 Eldwick Drive #201, Chesapeake, VA 23320

New ListingResidential · built 2026 · GRAYSON COMMONS

Facts & features

Type

Residential

Year built

2026

Price / sqft

$224

Condo fee

$195/mo

HOA fee

$75/mo

Taxes

$3,100/yr

County

Chesapeake VA

MLS #

10650593

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
2
Flooring
Carpet, Vinyl
Ensuite bedrooms
1
Total rooms
5
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
2
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 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 #10650593

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

Unit 201 at 1540 Eldwick Drive is a brand-new 2026-built, two-bedroom, two-bath condo in Chesapeake, Virginia — 1,386 square feet of fresh construction just five minutes from USCG Finance Center Chesapeake and a quick drive to Norfolk Naval Shipyard.

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 in 2026 means you're the first person to call this space home — no inherited quirks, no deferred maintenance, just clean finishes and modern systems from day one. At 1,386 square feet across two bedrooms and two full baths, this second-floor unit offers a layout that lives larger than the numbers suggest, in a city where well-priced condos with this level of newness are genuinely hard to find.

GRAYSON COMMONS and the Chesapeake real estate market

Chesapeake is one of the most geographically expansive independent cities in the country, and the 23320 zip code sits right in its active core — close to the Great Bridge corridor, the Greenbrier commercial district, and the city's network of parks and waterways. Life here moves at a pace that feels suburban without being sleepy. You get real grocery options, restaurants, and everyday conveniences within a short drive, plus easy access to I-64 and the Chesapeake Expressway when you need to reach Virginia Beach, Norfolk, or the Peninsula. Among Chesapeake homes for sale, condos with 2026 construction are a rare find in this zip, making Eldwick Drive worth a close look for buyers who want modern living without the upkeep of a detached home.

What's nearby

The neighborhood keeps daily errands manageable. PRIME757 FOOD TRUCK operates less than a mile away — a local favorite that reflects Chesapeake's growing independent food scene. The broader Greenbrier area puts grocery stores, pharmacies, fitness centers, and casual dining within a short drive in multiple directions. Commuters heading to Norfolk Naval Shipyard are looking at roughly 16 minutes on a typical morning, while the USCG Finance Center Chesapeake is essentially around the corner at about five minutes. Highway access via I-64 makes the rest of Hampton Roads reachable without a long slog through surface streets.

For different buyers

For military families relocating

Five minutes to USCG Finance Center Chesapeake and 16 minutes to Norfolk Naval Shipyard — the commute math works whether you're stationed at one base or the other. A VA loan can make new construction like this surprisingly accessible, and a low-maintenance condo means PCS prep doesn't involve a long weekend of yard work and repairs.

For first-time buyers

Brand-new construction removes one of the biggest first-time buyer worries: the unknown. Everything here — appliances, systems, finishes — starts at zero miles. At 1,386 square feet with two full baths, there's genuine room to grow into the space, and buyers exploring homes for sale in 23320 will find this level of newness is hard to replicate at this size.

More buyer questions

How far is 1540 Eldwick Drive #201 from USCG Finance Center Chesapeake?

The USCG Finance Center Chesapeake is approximately five minutes away, making this one of the most conveniently located addresses in the area for Coast Guard personnel. The short commute is one of the unit's most practical advantages.

How far is 1540 Eldwick Drive #201 from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is about 16 minutes from Eldwick Drive under typical traffic conditions. That's a manageable daily commute, and the route via I-64 is well-traveled and predictable.

What school zone does 1540 Eldwick Drive #201 fall in?

Families comparing homes for sale zoned for Indian River High School and homes for sale zoned for Greenbrier Primary School will want to verify current Chesapeake Public Schools zoning directly with the district, as boundaries can shift — but this address has historically fallen within that attendance area.

Is 1540 Eldwick Drive #201 in a flood zone?

Flood zone designation for this address is covered in the FloodRisk tile on this page, which pulls the most current FEMA map data. Always review that information and discuss flood insurance with your agent before making a decision.

Can a VA loan be used to purchase a condo at 1540 Eldwick Drive?

VA loans can be used for condo purchases, but the condo community must be on the VA's approved list — or go through a spot-approval process. A VA-experienced lender can check the project's approval status quickly and walk you through your options.

Tom and Dariya Milan at LPT Realty know Chesapeake's condo market inside and out — reach out to get your questions answered and schedule a walkthrough of Unit 201.

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

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

$1,957/mo

Principal & interest

$1,608

Property tax

$258

Home insurance

$90

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

$309,900

Price / Sq Ft

$224

Annual Taxes

$3,100

Monthly Tax

$258

HOA + condo fees

$270 / mo

Tax Rate (effective)

1.00%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 24, 2026$309,900—
Currently listed—$309,900—

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 #201 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 #201 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 #201 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 #201 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 #10650593

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 #201, Chesapeake — photo

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

Call or text (757) 777-7577

1540 Eldwick Drive #201, Chesapeake, Virginia 23320 · MLS #10650593 · 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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