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ChesapeakeGRAYSON COMMONS1540 Eldwick Drive #201✓ Source: REIN MLS #10650593 · record updated Sep 2, 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
2beds
2baths
1,386sqft
8days on market

1540 Eldwick Drive #201, Chesapeake, VA 23320

ActiveResidential · 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 · 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 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

Tom & Dariya's overview

Our read on this home

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

At a glance

1540 Eldwick Drive #201 is a brand-new 2026-built condo in Chesapeake, Virginia — 1,386 square feet, two bedrooms, two baths, and five minutes from USCG Finance Center Chesapeake. It's the kind of address that makes daily life genuinely easy.

Read the full overview ↓

Why this home stands out

New construction in 2026 means everything — systems, finishes, warranties — is factory-fresh. At 1,386 square feet across two bedrooms and two baths, the floor plan gives each room real breathing room without wasted space. Add a five-minute commute to USCG Finance Center Chesapeake and sixteen minutes to Norfolk Naval Shipyard, and this condo sits at a rare intersection of newness and location that's hard to replicate among Chesapeake homes for sale.

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 where the city's infrastructure is densest: major retailers, medical offices, dining, and quick interstate access all converge here. It's a part of Chesapeake that feels genuinely urban in convenience while still holding onto the quieter residential pockets that make the city worth staying in long-term. The city itself borders Norfolk and Virginia Beach, so you're never far from the broader Hampton Roads metro, yet Chesapeake's own parks, greenways, and local character give it a distinct identity. For anyone comparing homes for sale in Chesapeake, the 23320 corridor consistently draws buyers who want walkable errands and fast commutes without sacrificing space.

What's nearby

Day-to-day logistics are straightforward from 1540 Eldwick Drive. PRIME757 FOOD TRUCK operates less than a mile away — a local favorite that reflects the kind of independent, community-rooted food culture Chesapeake does well. The broader Greenbrier area puts grocery stores, pharmacies, and casual dining within a short drive in any direction. Interstate 64 is easily accessible, connecting you to Norfolk, Virginia Beach, and the rest of Hampton Roads without a complicated route. For homes for sale in 23320, this address sits in one of the zip code's most logistically convenient pockets.

For different buyers

For military families relocating

Five minutes to USCG Finance Center Chesapeake and sixteen minutes to Norfolk Naval Shipyard — the commute math here works. New 2026 construction means no deferred maintenance surprises on a PCS move-in, and a VA loan pairs cleanly with a condo at this price point. Families comparing Chesapeake homes for sale with a base-proximity requirement will find this address hard to beat on both counts.

For first-time buyers

A brand-new 2026-built condo removes one of the biggest first-time buyer anxieties: the unknown. Every system is new, every finish is untouched, and the two-bedroom, two-bath layout gives you room to grow without overextending. Condo living also means exterior maintenance stays off your plate. If you're weighing homes for sale zoned for Indian River High School or homes for sale zoned for Greenbrier Primary School, this address falls within that attendance area.

More buyer questions

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

The drive is approximately five minutes under normal traffic conditions, making it one of the closest residential options to that installation in the area.

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

Norfolk Naval Shipyard is roughly sixteen minutes away by car, a manageable daily commute for shipyard personnel looking to live in Chesapeake.

Is 1540 Eldwick Drive #201 part of an HOA?

As a condo, the building operates under a condominium association — confirm current association details and what the dues cover with your agent before closing.

What flood zone is 1540 Eldwick Drive #201 in?

Flood zone designation for this address is displayed in the FloodRisk tile on this page — review that section for the most current FEMA map data.

Can a VA loan be used to purchase 1540 Eldwick Drive #201?

VA loans can be used for condos, but the development must be on the VA's approved condo list — your lender can verify approval status quickly before you make an offer.

Tom and Dariya Milan at LPT Realty know this Chesapeake market inside and out. Reach out today to schedule a walkthrough or ask any questions about 1540 Eldwick Drive #201.

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

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

Chesapeake$260K – $360K2+ beds

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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-oriented residential community in the Greenbrier area of Chesapeake, Virginia, set within 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

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

Why the land carries the value

Asking vs. assessment

97% 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$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
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

$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 25, 2026$309,900
Currently listed$309,900

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

8 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

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 #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.