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ChesapeakeWATERSTONE2027 River Pearl Way✓ Source: REIN MLS #10633839 · record updated Jun 23, 2026 · synced every 2 min · your inquiry is never resold
2027 River Pearl WAY, CHESAPEAKE VA 23321 - Main photo
$645,000
$205 / sqft · est. $4,050/mo →
5beds
3baths
3,151sqft
33days on market

2027 River Pearl Way, Chesapeake, VA 23321

SoldResidential · built 1998 · WATERSTONE

About this home

The listing, in the seller's words

Welcome to this wonderful home in the highly sought-after Waterstone community of Chesapeake. Beautifully updated and thoughtfully designed, this spacious home offers 5 bedrooms, 3 updated baths, a dedicated home office, formal dining room, and an oversized media room that can easily serve as a 6th bedroom, playroom, or guest retreat. At the heart of the home, the stunning kitchen features granite countertops, a gas range, and an open-concept layout perfect for gathering, with views of both the living room and backyard so everyone stays connected. Step outside to your own private oasis with a large landscaped backyard, screened-in porch, and pergola-covered patio complete with a gas fire pit and gas grill hookups—ideal for entertaining or relaxing under the stars. Located near top-rated Chesapeake Public Schools, with a bus stop just a 1-minute walk away, plus easy access to shopping, dining, and the interstate.

Listing courtesy of Steven Southerland · Southerland Real Estate Inc. · REIN MLS #10633839

VaHome team overview

Our read on this home

At a glance

Meet 2027 River Pearl Way — a 5-bedroom, 3-bath home in Chesapeake's WATERSTONE neighborhood, offering 3,151 square feet of space built in 1998. With two military installations within 15 minutes and everyday conveniences just down the road, this address checks a lot of boxes.

Read the full overview ↓

Why this home stands out

Five bedrooms and three full baths across 3,151 square feet gives everyone in the household room to spread out — whether that's a dedicated home office, a guest suite, or a playroom that actually stays contained. Built in 1998, the home hits a sweet spot between established construction and a floor plan that still feels current. WATERSTONE is a quiet, tucked-away community in western Chesapeake, and River Pearl Way sits comfortably within it.

WATERSTONE and the Chesapeake real estate market

WATERSTONE is one of those neighborhoods that rewards the people who find it. Situated in the western reaches of Chesapeake — one of the largest cities by land area in the entire country — the community has a settled, established feel without being far from anything you actually need. Streets are calm, lots have breathing room, and neighbors tend to stay for years. If you've been working with realtors in chesapeake va to find something in this part of the city, WATERSTONE tends to come up for good reason. Chesapeake's western branch corridor balances suburban comfort with genuine convenience — you're close to the Western Branch area's parks, retail, and dining, yet the neighborhood itself stays quiet. City services are handled through Chesapeake, which consistently ranks among Virginia's most livable cities. For a household that wants space, stability, and easy access to the broader Hampton Roads metro, this part of Chesapeake delivers.

What's nearby

Daily life is easy from River Pearl Way. Western Branch Softball Fields and Western Branch Dog Park are both within 0.3 miles — a short walk if you've got a dog or kids who need to burn energy. Grab your morning coffee at Dunkin', just 0.5 miles away, or make a quick stop at 7-Eleven when you need something fast. Chuck E. Cheese is practically around the corner at 0.4 miles, which parents of younger kids will either love or brace for. On the fitness side, you have real options: 2KnuckleSports MMA & Fitness, Onelife Fitness at Chesapeake Square, and the National Personal Training Institute are all within 0.6 miles.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is about 14 minutes away, and NSA Northwest Annex is roughly 15 — both are realistic daily commutes from River Pearl Way. Five bedrooms gives you flexibility for a home office or a dedicated space when family visits. If you're using a VA loan, WATERSTONE's price point and Chesapeake's stable market make this neighborhood worth a close look. BAH for the Portsmouth area typically aligns well with western Chesapeake.

For families upgrading

If you've outgrown your current place and are searching for homes in chesapeake with real square footage, 3,151 feet across five bedrooms is the kind of space that actually solves the problem. There's room for a home office, a guest room, and still have bedrooms left over. Add the dog park and softball fields within walking distance, and the everyday logistics of family life get noticeably easier from this address.

More buyer questions

How far is 2027 River Pearl Way from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately 14 minutes by car from 2027 River Pearl Way, making it one of the more commuter-friendly addresses in western Chesapeake for personnel stationed there.

How far is 2027 River Pearl Way from NSA Northwest Annex?

NSA Northwest Annex is about 15 minutes away — a straightforward drive through the western Chesapeake corridor with no major highway congestion for most of the route.

What is the WATERSTONE neighborhood like in Chesapeake?

WATERSTONE is an established residential community in western Chesapeake with a calm, neighborhood feel, mature landscaping, and easy access to parks, retail, and fitness options along the Western Branch corridor.

Is 2027 River Pearl Way in a flood zone?

Flood zone information for this address is available through the FloodRisk tile on this page, which pulls current FEMA map data specific to this parcel.

Are there parks near 2027 River Pearl Way?

Yes — Western Branch Softball Fields and Western Branch Dog Park are both within 0.3 miles of the home, making them genuinely walkable for daily use.

Tom and Dariya Milan at LPT Realty know western Chesapeake well. Reach out to get a straight answer on whether 2027 River Pearl Way fits what you're looking for.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1998

Price / sqft

$205

HOA fee

$43/mo

Taxes

$5,670/yr

County

Chesapeake VA

Waterfront

Yes

MLS #

10633839

HOA association includes

Ground Maint

$43/mo HOA fee · n/a · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
5
Full baths
3
Approx. sqft
3,151
Stories
2
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
10
Other rooms
1st Floor BR, Attic, Breakfast Area, Fin. Rm Over Gar, PBR with Bath, Office/Study, Pantry, Porch, Screened Porch, Utility Room
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy,Wood Fence
Waterfront
Not Waterfront

Utilities & systems

Heating
Forced Hot Air, Nat Gas
Cooling
Central Air
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
WATERSTONE
Zoning
R15S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Oversized Gar, Driveway Spc
Possession
SETTLE
Disclosures
Disclosure Statement, Pet on Premises, Resale Certif Req

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

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 D

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

Explore this neighborhood

Western Branch

Western Branch is a residential neighborhood in Chesapeake, Virginia, characterized by tree-lined streets and a mix of single-family homes. The area reflects the broader suburban character of Chesapeake while maintaining its own distinct identity.

$388K

Median sale · 12 mo

$204

Sold $/sq ft

33d

Days on market

45

For sale now

$95K

HH income

72%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Western Branch
Map of Western Branch with neighborhood boundaryNeighborhood

Chesapeake homes for sale

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

$4,050/mo

Principal & interest

$3,347

Property tax

$473

Home insurance

$188

PMI

None

HOA

$43

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.

Value & history

Judge value on real ground

Asking vs. assessment

115% of $561,400

City assessment record · taxes $5,670/yr

Land share of assessed value

29% — $160,000

Improvements $401,400 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$550,411$849,900

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.

5017 Cape May LOOP · 1.3 mi · 3,269 sqft$599,900 sold 2026-02
1248 Jolliff RD · 1.6 mi · 3,098 sqft$849,900 sold 2026-04
1501 Barn Swallow CT · 1.3 mi · 2,846 sqft$607,500 sold 2026-02

Sale & Tax History

List Price

$645,000

Price / Sq Ft

$205

Annual Taxes

$5,670

Monthly Tax

$473

HOA fee

$43 / mo

Tax Rate (effective)

0.88%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 21, 2026$645,000
Price reducedJun 1, 2026$645,000−$30,000
SoldJun 23, 2026$645,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

15% above assessment

Total Assessed

$561,400

Land

$160,000

Improvement

$401,400

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.

Questions buyers ask

Real questions, answered from the record

Is 2027 River Pearl Way in a good school zone?+
The assigned zones on the listing record are Edwin W. Chittum Elementary (GreatSchools 6/10), Jolliff Middle (GreatSchools 7/10), Western Branch. School attendance zones can change — always confirm enrollment with the local school division.
Is 2027 River Pearl Way 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.
Is there a gym near 2027 River Pearl Way?+
Yes — Holiday Inn Express & Suites Chesapeake by IHG is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 2027 River Pearl Way?+
Western Branch Softball fields is about 0.3 miles away.
Does 2027 River Pearl Way have an HOA?+
Yes — HOA dues are on record for this property (the current amount is shown in the facts section on this page). The association of record is n/a. Association amenities on record include: Ground Maint.
When was 2027 River Pearl Way built?+
It was built in 1998, 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 Steven Southerland · Southerland Real Estate Inc. · REIN MLS #10633839

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

2027 River Pearl Way, Chesapeake, Virginia 23321 · MLS #10633839 · 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.