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Chesapeake › GRAYSON COMMONS › 1540 Eldwick Drive #303✓ Source: REIN MLS #10650606 · record updated Aug 24, 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
$294,900
$218 / sqft · est. $2,145/mo →
2beds
2baths
1,355sqft
0days on market

1540 Eldwick Drive #303, Chesapeake, VA 23320

New ListingResidential · 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 · 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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

Unit 303 at 1540 Eldwick Drive is a brand-new 2-bed, 2-bath condo in Chesapeake, Virginia — 1,355 square feet of thoughtfully designed living space built in 2026, minutes from the USCG Finance Center 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 place home — no inherited wear, no deferred surprises, just fresh finishes and modern systems from day one. At 1,355 square feet across two full bedrooms and two full bathrooms, Unit 303 offers a condo footprint that actually breathes, in a city where Chesapeake homes for sale at this scale and newness are genuinely hard to find.

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 right in its beating heart — the Greenbrier corridor, where suburban convenience and genuine community feel manage to coexist. The streets around Eldwick Drive are calm and residential, with the kind of everyday infrastructure that makes life low-friction: grocery runs are quick, commutes are manageable, and you're never far from green space or a good meal. Chesapeake draws people who want a little more room to breathe than Norfolk or Virginia Beach offer, without giving up access to the region's jobs, bases, and waterways. The city's investment in parks and road infrastructure shows in this part of town, and the mix of established households and newer arrivals gives the area a grounded, welcoming energy. If you're comparing homes for sale in Chesapeake, the Greenbrier area consistently earns its reputation as one of the most livable pockets in Hampton Roads.

What's nearby

Day-to-day life is easy from 1540 Eldwick Drive. PRIME757 FOOD TRUCK, just 0.9 miles away, is a local favorite that captures the creative, community-rooted food culture Hampton Roads does so well — a great reminder that good eating doesn't always require a reservation. The broader Greenbrier area puts major grocery anchors, pharmacies, fitness options, and retail within a short drive, so errands rarely turn into a project. Green space and walking paths are accessible nearby for when you want to decompress without getting in the car. Everything you need on a Tuesday is genuinely close.

For different buyers

For military families relocating

The USCG Finance Center Chesapeake is roughly five minutes away — a commute that's almost too good to be true. Norfolk Naval Shipyard is reachable in about 16 minutes, making Unit 303 a practical choice for dual-military households or anyone weighing basing options. A VA loan can make a new-construction condo like this one especially accessible, and the 23320 zip puts you well inside Hampton Roads' core.

For first-time buyers

Buying your first home in a brand-new building has a real advantage: everything is under warranty, nothing needs updating, and you're starting fresh. Unit 303's two-bedroom, two-bath layout gives you room to grow without overcommitting on square footage. Families comparing homes for sale zoned for Indian River High School and homes for sale zoned for Greenbrier Primary School will find this address falls within that attendance zone — worth knowing as you plan ahead.

More buyer questions

How far is 1540 Eldwick Drive #303 from the USCG Finance Center Chesapeake?

The USCG Finance Center is approximately five minutes from this address by car, making it one of the shortest base commutes you'll find among homes for sale in 23320.

How far is Unit 303 from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is roughly 16 minutes away under typical traffic conditions — a manageable daily drive for shipyard personnel living in Chesapeake.

Is 1540 Eldwick Drive #303 part of an HOA?

As a condominium unit, the building does operate under a condo association structure — your agent can provide the current association documents and fee schedule.

What flood zone is 1540 Eldwick Drive in?

Flood zone information for this address is displayed in the FloodRisk tile on this page — check there for the most current FEMA designation.

Can a VA loan be used to purchase a new-construction condo like this one?

VA loans can be used for condo purchases when the development meets VA approval requirements — your lender can confirm the status of this building and walk you through the process.

Tom and Dariya Milan at LPT Realty know Chesapeake inside and out — reach out to get your questions answered and schedule a walkthrough of Unit 303 at 1540 Eldwick Drive.

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

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

$1,875/mo

Principal & interest

$1,530

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

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

$294,900

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$294,900—
Currently listed—$294,900—

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 #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

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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