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ChesapeakeGRAYSON COMMONS1540 Eldwick Drive #203✓ Source: REIN MLS #10650605 · record updated Aug 24, 2026 · synced every 2 min · your inquiry is never resold
1540 Eldwick Drive #203 NONE, CHESAPEAKE VA 23320 - Main photo
1540 Eldwick Drive #203 NONE, CHESAPEAKE VA 23320 - Photo 2
1540 Eldwick Drive #203 NONE, CHESAPEAKE VA 23320 - Photo 3
1540 Eldwick Drive #203 NONE, CHESAPEAKE VA 23320 - Photo 4
1540 Eldwick Drive #203 NONE, CHESAPEAKE VA 23320 - Photo 5
$284,900
$210 / sqft · est. $2,090/mo →
2beds
2baths
1,355sqft
0days on market

1540 Eldwick Drive #203, Chesapeake, VA 23320

New ListingResidential · built 2026 · GRAYSON COMMONS

Facts & features

Type

Residential

Year built

2026

Price / sqft

$210

Condo fee

$195/mo

HOA fee

$75/mo

Taxes

$3,100/yr

County

Chesapeake VA

MLS #

10650605

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
2
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
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 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 #10650605

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1540 Eldwick Drive #203 is a brand-new 2-bedroom, 2-bath condo in Chesapeake, Virginia — 1,355 square feet of thoughtfully designed living space built in 2026, just five minutes from USCG Finance Center Chesapeake and a short drive to Norfolk Naval Shipyard.

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 fresh finishes and modern systems from day one. At 1,355 square feet across two bedrooms and two full baths, Unit 203 at 1540 Eldwick Drive offers a comfortable footprint without the upkeep demands of a detached house, making it one of the more practical Chesapeake homes for sale for buyers who want low-maintenance city living without sacrificing space.

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 urban core — close to the action without feeling crowded. The Greenbrier corridor, which anchors this part of the city, has matured into a genuine mixed-use district: retail, dining, medical offices, and parks all within a compact radius. Streets here are well-maintained, traffic moves predictably, and the overall feel is settled suburban — the kind of neighborhood that draws buyers who want convenience without the noise of a dense downtown. Chesapeake's city government consistently invests in parks and infrastructure, and the area around 23320 reflects that. If you're comparing homes for sale in Chesapeake, this zip code tends to appeal to buyers who want walkable errands, easy highway access, and a community that feels established rather than still finding its footing.

What's nearby

Daily life is genuinely easy from 1540 Eldwick Drive. The Greenbrier area puts grocery stores, pharmacies, and major retailers within a short drive, so routine errands rarely require planning. When you want something different for lunch or dinner, PRIME757 FOOD TRUCK is less than a mile away — a local favorite that keeps the menu rotating and the lines moving. Interstate 64 and the Chesapeake Expressway are both close, which means Virginia Beach, Norfolk, and the rest of Hampton Roads are accessible without a long surface-road grind. Greenways and city parks dot the surrounding area for outdoor time, and the overall density of services in this corridor means you're rarely more than ten minutes from whatever you need.

For different buyers

For military families relocating

Five minutes to USCG Finance Center Chesapeake and sixteen to Norfolk Naval Shipyard — Unit 203 at 1540 Eldwick Drive is one of the more strategically located Chesapeake homes for sale for active-duty families juggling dual-base schedules. New construction means no surprise repair bills in the first years of ownership, and a VA loan can make the math work especially well here. Short PCS timelines and low-maintenance condo living are a natural fit.

For first-time buyers

A brand-new 2-bed, 2-bath condo with 1,355 square feet, built in 2026, removes a lot of the anxiety that comes with buying an older home — the systems are new, the finishes are clean, and the HOA structure handles exterior upkeep. Buyers comparing homes for sale in 23320 will find that Unit 203 offers a realistic entry point into Chesapeake homeownership without the compromises that often come with starter properties. A VA loan, if you qualify, can further ease the path.

More buyer questions

How far is 1540 Eldwick Drive #203 from USCG Finance Center Chesapeake?

The drive is approximately five minutes under normal traffic conditions, making this one of the closest residential options to the base. The short commute is a consistent draw for Coast Guard personnel stationed there.

How far is 1540 Eldwick Drive #203 from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is roughly sixteen minutes away by car via Interstate 64 or surface roads through Portsmouth. The route is straightforward and avoids most of the congestion that affects longer Hampton Roads commutes.

Is 1540 Eldwick Drive #203 in a flood zone?

Flood zone designation for this address is displayed in the FloodRisk tile on this page — check there for the most current FEMA map data specific to Unit 203.

What school zone does 1540 Eldwick Drive #203 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.

Does 1540 Eldwick Drive #203 have an HOA?

Yes, the property is part of a condominium association that manages exterior maintenance and common areas — one of the practical advantages of condo ownership for buyers who prefer predictable upkeep responsibilities.

Tom and Dariya Milan at LPT Realty know this Chesapeake market well. Reach out to get your questions answered, schedule a walkthrough, or talk through how a VA loan might work for this address.

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

homes 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

$1,820/mo

Principal & interest

$1,478

Property tax

$258

Home insurance

$83

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$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
620 Norcova DR · 1.7 mi · 1,322 sqft$385,000 sold 2026-05
1321 Hamill LN · 1.6 mi · 1,431 sqft$375,000 sold 2026-07

Sale & Tax History

List Price

$284,900

Price / Sq Ft

$210

Annual Taxes

$3,100

Monthly Tax

$258

HOA + condo fees

$270 / mo

Tax Rate (effective)

1.09%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 24, 2026$284,900
Currently listed$284,900

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 #203 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 #203 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 #203 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 #203 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 #10650605

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 #203, Chesapeake — photo

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

Call or text (757) 777-7577

1540 Eldwick Drive #203, Chesapeake, Virginia 23320 · MLS #10650605 · 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.