Home/Virginia/Chesapeake/DEEP CREEK/1949 Shipyard RD, CHESAPEAKE VA 23323
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Coming Soon
Active
Under Contract
Sold

12 days on market

$425,000

1949 Shipyard Rd

Chesapeake, Virginia 23323

MLS# 10633411 · DEEP CREEK · Chesapeake VA

Updated 2 days ago · Source: REIN MLS

Est. payment

$2,608/mo

Edit below

Price / sq ft

$347

1,225 sq ft

Days on market

12

New listing

HOA

None

Year built

1981

45 yrs old

Beds

3

Full Baths

2

Half Baths

0

Sq Ft

1,225

Garage

Yes

Residential1 StorySingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Enjoy the best of both worlds—PEACEFUL COUNTRY LIVING JUST MINUTES FROM CITY CONVENIENCES! This beautifully updated home sits on nearly 2 ACRES, offering space, privacy, and modern comfort. Step inside to find fresh paint, brand-new LVP flooring, and plush carpet throughout the bedrooms. The stunning open kitchen is a chef's dream, equipped with gleaming quartz countertops, stainless steel appliances, white shaker so…

Listed by Joseph Igana · Iron Valley Real Est Norfolk

VaHome Team property overview

At a glance

Meet 1949 Shipyard Road — a three-bedroom, two-bath ranch on a generous two-acre lot in Chesapeake's Deep Creek neighborhood. Built in 1981 and spanning 1,225 square feet, this property gives you genuine breathing room just minutes from two major military installations.

Read full property overview ↓

Why this home stands out

Two acres in an established Chesapeake neighborhood is genuinely rare at this price tier, and 1949 Shipyard Road delivers exactly that. The single-level layout keeps daily living simple, while the expansive lot opens the door to gardens, outbuildings, or just wide-open space that most suburban parcels simply can't offer. It's the kind of property where the land itself becomes a feature you'll use every single day.

DEEP CREEK and the Chesapeake real estate market

Deep Creek is one of Chesapeake's most grounded and unpretentious communities — a place where larger lots, mature trees, and a slower pace of life define the everyday experience. The neighborhood sits in the western reaches of Chesapeake, a city that consistently ranks among Virginia's most livable thanks to its low density, strong infrastructure, and easy access to the broader Hampton Roads region. If you've been running a chesapeake city va property search and want something with real land attached, Deep Creek tends to surface near the top of that conversation. The surrounding area blends rural character with practical convenience — you're never far from what you need, but you won't feel like you're stacked on top of your neighbors either. Chesapeake itself covers more square mileage than any other city in Virginia, and Deep Creek reflects that spacious identity well. Quiet streets, established homes, and a community that values its outdoor surroundings make this corner of the city a consistently appealing place to put down roots.

What's nearby

Daily life around 1949 Shipyard Road is low-effort in the best way. Restaurante Mexicano is just 0.6 miles away when you want a quick, satisfying dinner without the drive. For outdoor time, you have real options within walking distance: Parkview Play Area is only half a mile out, and both Izaak Walton Park and the Izaak Walton Campfire Ring sit at 0.6 miles — making it easy to spend an afternoon outside without planning a road trip. That combination of green space and everyday dining within a short walk adds up to a neighborhood that genuinely supports an active, comfortable routine.

For different buyers

For military families relocating

USCG Finance Center Chesapeake is roughly ten minutes away, and Norfolk Naval Shipyard clocks in at about eleven — so 1949 Shipyard Road puts you in a strong position for either duty station. A VA loan can make a two-acre property like this more accessible than you might expect, and your BAH rate for the Chesapeake area is well-suited to this part of town. Stability, space, and short commutes rarely line up this cleanly.

For families upgrading

If your current home feels like it's shrinking, two acres has a way of solving that problem. There's room here for a real backyard, a workshop, a garden, or simply the kind of space where kids can actually run. The single-level three-bedroom layout keeps the floor plan manageable, and Deep Creek's established character means you're upgrading into a neighborhood with staying power — not a flash-in-the-pan development.

Frequently asked questions

How far is 1949 Shipyard Road from USCG Finance Center Chesapeake?

The drive is approximately 10 minutes under normal traffic conditions. It's one of the closer residential options to that installation in the Deep Creek area.

How far is 1949 Shipyard Road from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is about 11 minutes away by car, making this address a practical choice for personnel assigned there as well.

What is the lot size at 1949 Shipyard Road?

The property sits on two acres, which is notably generous for an in-town Chesapeake address and gives you substantial room for outdoor use, storage structures, or future improvements.

Is 1949 Shipyard Road in a flood zone?

Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.

What parks are near 1949 Shipyard Road?

Parkview Play Area is about half a mile away, and both Izaak Walton Park and the Izaak Walton Campfire Ring are within 0.6 miles — all easily reachable on foot or by a very short drive.

Ready to walk the full two acres at 1949 Shipyard Road? Tom and Dariya Milan at LPT Realty know Deep Creek well — reach out and let's set up a visit.

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

Location & Neighborhood

Location & Street View

1949 Shipyard RD, Chesapeake

Map and Street View imagery © Google. Imagery may not be current.

Map data ©Google. Click and drag inside the map to explore the surrounding area.

Flood Risk

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Property Details

Bedrooms

3

Full Baths

2

Half Baths

0

Approx Sq Ft

1,225

Stories

1

Fireplaces

0

Flooring

Carpet, Ceramic, Laminate/LVP

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup

Sale & Tax History

List Price

$425,000

Price / Sq Ft

$347

Annual Taxes

$3,350

Monthly Tax

$279

HOA

None

Tax Rate (effective)

0.79%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 7, 2026$425,000
Currently listed$425,000

Public-Records Assessment

Source: Chesapeake via Hampton Roads Regional Parcels. Fetched May 8, 2026.

33% above assessment

Total Assessed

$319,900

Land

$185,000

Improvement

$134,900

Parcel ID: 0340000000232 · View on city GIS portal

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.

About buying in Chesapeake

Chesapeake is Virginia's second-largest city by area and offers a mix of suburban subdivisions, rural acreage, and waterfront properties along the Intracoastal Waterway. Western Branch, Greenbrier, and Great Bridge are among the most sought-after neighborhoods, with top-rated public schools and easy access to I-64 and the Chesapeake Expressway. The city is known for lower property taxes and larger lot sizes compared to neighboring Virginia Beach and Norfolk, which makes it especially attractive to families looking for more space.

See more Chesapeake homes for sale →

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.

Estimate your monthly payment

$2,608/mo

Principal & interest

$2,205

Property tax

$279

Home insurance

$124

PMI

None

HOA

None

Estimate only. 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.

Listed by Iron Valley Real Est Norfolk · MLS# 10633411

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$425,000

1949 Shipyard RD, CHESAPEAKE VA 23323

Chesapeake, Virginia 23323

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Quick Facts

TypeResidential
Year Built1981
Lot Size2.0000
Taxes$3,350/yr
HOANone
Heating
Cooling

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