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ChesapeakeGRAYSON COMMONS1540 Eldwick Drive #303✓ Source: REIN MLS #10650606 · record updated Sep 2, 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
8days 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

A brand-new 2026 condo at 1540 Eldwick Drive #303 in Chesapeake puts 1,355 square feet of thoughtfully designed living space five minutes from USCG Finance Center Chesapeake and sixteen minutes from Norfolk Naval Shipyard — a genuinely convenient address in one of Hampton Roads' most livable cities.

Read the full overview ↓

Why this home stands out

What sets Unit 303 apart is the combination of new construction quality and a location that almost no other Chesapeake homes for sale can match at this size: you're five minutes from USCG Finance Center Chesapeake, sixteen minutes from Norfolk Naval Shipyard, and positioned inside the 23320 zip code where Greenbrier-area infrastructure — roads, retail, parks — is already mature and well-maintained. Two full baths across 1,355 square feet means no compromises on space or privacy.

GRAYSON COMMONS and the Chesapeake real estate market

Chesapeake is the second-largest city by land area in Virginia, and the Greenbrier corridor within zip code 23320 is one of its most polished pockets. The area grew up around a planned commercial and residential core, so the street grid is logical, traffic flows predictably, and everyday errands rarely require a highway. You're surrounded by a mix of established single-family blocks and newer multi-family developments that have kept the area feeling current without losing its suburban calm. Greenbrier Central Park anchors the neighborhood with open green space and walking paths, and the broader Chesapeake cityscape offers everything from big-box retail to locally owned dining within a short drive. For anyone comparing homes for sale in Chesapeake, the 23320 zip code consistently stands out for its balance of accessibility, infrastructure maturity, and day-to-day livability — qualities that hold up across market cycles.

What's nearby

Daily life is easy here. PRIME757 FOOD TRUCK, a local favorite less than a mile away at 0.9 miles, is the kind of neighborhood discovery that makes a place feel like home fast. The Greenbrier area surrounds Unit 303 with grocery stores, pharmacies, coffee shops, and casual dining all within a short drive, so weeknight errands stay quick. Greenbrier Central Park is close for morning walks or weekend afternoons outside. And when you need to get somewhere farther out, Interstate 64 access keeps Norfolk, Virginia Beach, and the rest of Hampton Roads well within reach.

For different buyers

For military families relocating

Five minutes to USCG Finance Center Chesapeake and sixteen minutes to Norfolk Naval Shipyard — the commute math works out well from 1540 Eldwick Drive #303. A VA loan can make a new-construction condo like this one surprisingly attainable, and two full baths means the whole household has breathing room during the morning rush before a duty day.

For first-time buyers

A 2026 build means you're the first person to live in this space — no inherited repairs, no aging systems, no surprises. At 1,355 square feet with two bedrooms and two full baths, Unit 303 gives you real room to grow into without overextending. Families comparing homes for sale in 23320 will find this address sits in a zip code with strong infrastructure and easy access to everything Chesapeake offers day to day.

More buyer questions

How far is 1540 Eldwick Drive #303 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 in the Greenbrier area of Chesapeake.

How far is 1540 Eldwick Drive #303 from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is roughly sixteen minutes away, a manageable commute that keeps this address practical for personnel stationed there.

Is 1540 Eldwick Drive #303 part of an HOA?

As a condominium unit, 1540 Eldwick Drive #303 is associated with a condo association that manages shared building elements and common areas — confirm current association details and governing documents with your agent before closing.

What school zone does 1540 Eldwick Drive #303 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 attendance boundaries can change.

Is 1540 Eldwick Drive #303 in a flood zone?

Flood zone designation for this address is covered in the FloodRisk tile on this page — review that section and confirm with your agent or a licensed surveyor before making any decisions based on flood status.

Tom and Dariya Milan at LPT Realty know this Chesapeake market well — reach out to get your questions answered and schedule a walkthrough of Unit 303.

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

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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

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

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$385,000

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.

1402 Shortleaf LN · 1.1 mi · 1,251 sqft$255,000 sold 2026-03
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

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

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 25, 2026$294,900
Currently listed$294,900

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

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 #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.