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Chesapeake › GRAYSON COMMONS › 1540 Eldwick Drive #204✓ Source: REIN MLS #10651196 · record updated Sep 14, 2026 · synced every 2 min · your inquiry is never resold
1540 Eldwick Drive #204 NONE, CHESAPEAKE VA 23320 - Main photo
1540 Eldwick Drive #204 NONE, CHESAPEAKE VA 23320 - Photo 2
1540 Eldwick Drive #204 NONE, CHESAPEAKE VA 23320 - Photo 3
1540 Eldwick Drive #204 NONE, CHESAPEAKE VA 23320 - Photo 4
1540 Eldwick Drive #204 NONE, CHESAPEAKE VA 23320 - Photo 5
2beds
2baths
1,355sqft
18days on market

1540 Eldwick Drive #204, Chesapeake, VA 23320

ActiveResidential · built 2026 · GRAYSON COMMONS

Facts & features

Type

Residential

Year built

2026

Price / sqft

$214

Condo fee

$195/mo

HOA fee

$75/mo

Taxes

$3,100/yr

County

Chesapeake VA

MLS #

10651196

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 · 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 #10651196

Tom & Dariya's overview

Our read on this home

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

At a glance

Modern two-bedroom, two-bath condo in Chesapeake built in 2026. Just five minutes from USCG Finance Center Chesapeake. Among homes for sale in 23320, this unit offers contemporary finishes and low-maintenance living.

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 Greystone 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

Brand-new construction means everything is current and under warranty. The open floor plan maximizes the 1,355 square feet with efficient layouts. Two full baths serve the two bedrooms well. You'll appreciate the modern systems and finishes throughout. This is the kind of newer condo that appeals to buyers seeking hassle-free ownership.

GRAYSON COMMONS and the Chesapeake real estate market

Chesapeake is Virginia's second-largest city by area, stretching across diverse neighborhoods from waterfront to suburban inland. The 23320 zip code sits in the central part of town, close to shopping, dining, and military installations. Daily life is easy here—you're minutes from major employers and the Naval Station Norfolk corridor. Among Chesapeake homes for sale, condos in this area tend to attract professionals who value proximity to bases and quick commutes. The neighborhood itself is residential and well-established, with tree-lined streets and a mix of single-family homes and multi-unit properties. Getting around Chesapeake is straightforward on local roads; the broader Hampton Roads region is accessible via I-64 and Route 17.

What's nearby

PRIME757 FOOD TRUCK sits less than a mile away, perfect for a quick lunch break. The surrounding area has solid access to grocery stores, pharmacies, and casual dining options. You're in an established neighborhood with good walkability to nearby services. Shopping centers and everyday conveniences are within a short drive. Schools serving homes for sale zoned for Indian River High School and homes for sale zoned for Greenbrier Primary School are in the area.

For different buyers

Base commute and VA loan notes

Five minutes to USCG Finance Center Chesapeake and sixteen minutes to Norfolk Naval Shipyard. VA loan financing is common in this zip code and the area welcomes active-duty and civilian federal workers. The new construction means no surprises and current systems. Two full baths and efficient layouts work well for active households.

Room to grow

Two spacious bedrooms and two full baths give you room to spread out. The 1,355 square feet flow well across an open floor plan. Modern finishes and new construction mean minimal maintenance. Storage and efficient design maximize your living space without clutter.

More buyer questions

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

About five minutes by car. It's one of the closest residential options to the base.

What is the commute to Norfolk Naval Shipyard?

Roughly sixteen minutes depending on traffic and your exact destination within the shipyard.

When was this condo built?

2026—it's brand new construction with current systems and finishes under warranty.

What schools are zoned for this address?

This address is zoned for homes for sale zoned for Indian River High School and homes for sale zoned for Greenbrier Primary School.

Does this condo include parking and storage?

As a modern condo built in 2026, the property includes assigned parking and storage typical of new construction. Ask your agent for specific details.

Ready to tour this new Chesapeake condo? Contact Tom & Dariya Milan at LPT Realty to schedule a showing today.

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

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

Chesapeake$245K – $335K2+ 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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510034

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

10 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone C

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

Explore this neighborhood

Greystone

Greystone is a neighborhood in the Greenbrier section of Chesapeake, Virginia. It spans roughly 86 acres of wooded land along Greystone Lane near Clearfield Avenue.

1

For sale now

$135K

HH income

85.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Greystone →
Map of Greystone 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

$1,848/mo

Principal & interest

$1,505

Property tax

$258

Home insurance

$85

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

91% 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
1009 Vanderploeg DR · 1.7 mi · 1,350 sqft$335,000 sold 2026-06
607 Caboose CT · 1.8 mi · 1,350 sqft$299,900 sold 2026-05

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

Sale & Tax History

List Price

$290,130

Price / Sq Ft

$214

Annual Taxes

$3,100

Monthly Tax

$258

HOA + condo fees

$270 / mo

Tax Rate (effective)

1.07%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 27, 2026$290,130—
Price increasedSep 14, 2026$290,130+$230
Currently listed—$290,130—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

9% below 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

18 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 #204 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 #204 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 #204 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 #204 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 #10651196

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 #204, Chesapeake — photo

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

Call or text (757) 777-7577

1540 Eldwick Drive #204, Chesapeake, Virginia 23320 · MLS #10651196 · 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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