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Chesapeake › GRAYSON COMMONS › 1540 Eldwick Drive #303✓ Source: REIN MLS #10650606 · record updated Sep 14, 2026 · synced every 2 min · your inquiry is never resold
1540 Eldwick Drive #303 NONE, CHESAPEAKE VA 23320 - Main photo
1540 Eldwick Drive #303 NONE, CHESAPEAKE VA 23320 - Photo 2
1540 Eldwick Drive #303 NONE, CHESAPEAKE VA 23320 - Photo 3
1540 Eldwick Drive #303 NONE, CHESAPEAKE VA 23320 - Photo 4
1540 Eldwick Drive #303 NONE, CHESAPEAKE VA 23320 - Photo 5
2beds
2baths
1,355sqft
21days on market

1540 Eldwick Drive #303, Chesapeake, VA 23320

ActiveResidential · built 2026 · GRAYSON COMMONS

Facts & features

Type

Residential

Year built

2026

Price / sqft

$218

Condo fee

$195/mo

HOA fee

$75/mo

Taxes

$3,100/yr

County

Chesapeake VA

MLS #

10650606

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
3
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
3
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 #10650606

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 1540 Eldwick Drive #303, a brand-new two-bedroom, two-bath condo in Chesapeake. Built in 2026, this 1,355-square-foot residence offers modern finishes and low-maintenance living. You're just five minutes from USCG Finance Center Chesapeake and 16 minutes from 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 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

This is new construction with contemporary design and quality finishes throughout. The open floor plan maximizes 1,355 square feet of comfortable living space without the upkeep of a traditional home. Two full bathrooms mean less morning traffic. The location puts you minutes from major employment centers. The building is professionally managed, so exterior maintenance and common areas are handled for you.

GRAYSON COMMONS and the Chesapeake real estate market

Eldwick Drive sits in a well-established Chesapeake neighborhood with convenient access to shopping, dining, and services. The area blends suburban comfort with urban proximity—you're close to major roads without the highway noise. Chesapeake is Virginia's largest city by area, offering parks, waterfront access, and a strong sense of community. Getting around is straightforward: Interstate 64 connects you to Norfolk, Virginia Beach, and beyond in minutes. If you are comparing homes for sale in Chesapeake, note that this zip code offers solid value and quick commutes to military and civilian employers. The 23320 area draws professionals and households who value convenience and accessibility.

What's nearby

Daily errands are easy here. Grocery stores, pharmacies, and casual dining are within a short drive. Chesapeake's parks and recreational facilities offer outdoor space for walking, biking, and water activities. The Elizabeth River is nearby, giving you access to waterfront trails and scenic routes. Shopping centers and services cluster along nearby corridors, so you won't need to venture far for what you need. The neighborhood keeps everything close.

For different buyers

Base commute and VA loan notes

Five minutes to USCG Finance Center Chesapeake and 16 minutes to Norfolk Naval Shipyard make this address convenient for base-connected households. New construction means move-in readiness without repairs or surprises. VA loan financing is common in this area, and the low-maintenance condo lifestyle frees up time and money for what matters most.

For first-time buyers

New construction removes the guesswork—everything is under warranty and built to current code. The two-bedroom, two-bath layout suits a range of living situations, from solo professionals to couples. Condo ownership means no yard work or major exterior repairs, letting you focus on building equity. Anyone comparing homes for sale zoned for Indian River High School or homes for sale zoned for Greenbrier Primary School will find this address offers modern convenience and financial predictability.

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 addresses to the base.

What is the commute to Norfolk Naval Shipyard?

Roughly 16 minutes, depending on traffic and your exact workplace location within the shipyard.

Does this condo have parking?

Yes. Assigned parking is included with the unit, and visitor spaces are available in the building.

Is there an HOA at this address?

Yes. The condo is part of a professionally managed community with HOA fees that cover common areas, maintenance, and building insurance.

What is the flood zone status for homes for sale in 23320?

Check the FloodRisk tile on this listing for detailed flood zone information for this specific address.

Ready to explore this new 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$250K – $340K2+ 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

Chesapeake real estate →

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

$1,876/mo

Principal & interest

$1,531

Property tax

$258

Home insurance

$86

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

92% 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

$295,130

Price / Sq Ft

$218

Annual Taxes

$3,100

Monthly Tax

$258

HOA + condo fees

$270 / mo

Tax Rate (effective)

1.05%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 24, 2026$295,130—
Price increasedSep 14, 2026$295,130+$230
Currently listed—$295,130—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

8% 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

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 #303 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 #303 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 #303 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 #303 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 #10650606

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 #303, Chesapeake — photo

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

Call or text (757) 777-7577

1540 Eldwick Drive #303, Chesapeake, Virginia 23320 · MLS #10650606 · 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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