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ChesapeakeINLAND COLONY220 Deepwater Dr✓ Source: REIN MLS #10645328 · record updated Sep 8, 2026 · synced every 2 min · your inquiry is never resold
220 Deepwater DR, CHESAPEAKE VA 23322 - Main photo
220 Deepwater DR, CHESAPEAKE VA 23322 - Photo 2
220 Deepwater DR, CHESAPEAKE VA 23322 - Photo 3
220 Deepwater DR, CHESAPEAKE VA 23322 - Photo 4
220 Deepwater DR, CHESAPEAKE VA 23322 - Photo 5
3beds
2baths
1,766sqft
30days on market

220 Deepwater Dr, Chesapeake, VA 23322

Under ContractResidential · built 1978 · INLAND COLONY

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Boat Lift, Bulkhead, Canal, Deep Water, Deep Water Access, Dock, Navigable, Riparian Rights, River, Tidal.

Frontage

Canal · River · Tidal ✓ VERIFIED

Dock

Dock · Boat lift

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1978

Price / sqft

$263

HOA

None

Taxes

$4,243/yr

County

Chesapeake VA

Waterfront

Yes

MLS #

10645328

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,766
Stories
1
Flooring
Carpet, Ceramic, Laminate/LVP, Vinyl
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
8
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Breakfast Area, Foyer, PBR with Bath, Pantry, Porch, Utility Room
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener
Accessibility
Main Floor Laundry, Pocket Doors

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool
Waterfront
Boat Lift,Bulkhead,Canal,Deep Water,Deep Water Access,Dock,Navigable,Riparian Rights,River,Tidal
Deep-water access
Yes

Utilities & systems

Heating
Geo Thermal, Heat Pump W/A
Cooling
Central Air, Geo Thermal, Heat Pump W/A
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.4590
Subdivision
INLAND COLONY
Zoning
R10S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, 4 Space, Driveway Spc
Possession
SETTLEMENT
Miscellaneous
Fixer Upper
Disclosures
Disclosure Statement

See more Chesapeake waterfront homes.

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

About this home

Rare opportunity to own on deep water in Chesapeake! Fish, kayak, boat right off your back dock. Keep your boat in your own backyard on the boat lift instead of paying for dry storage or slip fees. From your private dock, enjoy an approximate 40–50-minute cruise to the open waters of the Chesapeake Bay or to Downtown Norfolk's vibrant Waterside District where waterfront dining, entertainment and marina amenities await you! Solidly built and full of potential, this classic brick ranch home offers 1,800 square feet of living space with 3 bedrooms and 2 full baths. Whether you're looking to renovate, personalize or invest, this home provides a fantastic opportunity to make it your own. Being sold as-is, it is ready for your vision and your creativity! Call for more details or to schedule a private tour.

Listing courtesy of Lorrie Gilbert · BHHS RW Towne Realty · REIN MLS #10645328

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 220 Deepwater Drive — a 3-bedroom, 2-bath, 1,766-square-foot home built in 1978 in Chesapeake, Virginia 23322. Seven minutes from USCG Finance Center Chesapeake and 14 from Norfolk Naval Shipyard, it sits in a quiet residential pocket with everyday errands close at hand.

Read the full overview ↓

Why this home stands out

What sets Deepwater Drive apart is the combination of genuine Chesapeake scale — a 1,766-square-foot single-family footprint with three real bedrooms and two full baths — and a location that keeps two major installations within a short commute. The 1978 construction era typically means solid framing, generous room proportions, and lots that give neighbors breathing room. For buyers who want space without the density of newer planned communities, this address delivers.

INLAND COLONY and the Chesapeake real estate market

Chesapeake is one of the largest cities by land area on the entire East Coast, and the 23322 zip code sits in the southern reaches where the pace slows down and the lots open up. Deepwater Drive is a residential street that feels settled — mature trees, established yards, neighbors who have been around long enough to wave hello. The surrounding area blends older ranch-style homes with more recent builds, giving the streetscape an organic, unplanned character that a lot of buyers actually prefer over cookie-cutter subdivisions. Chesapeake as a city offers a full suite of municipal services, a robust parks system, and easy access to the broader Hampton Roads region via I-64 and the Chesapeake Expressway. For families comparing homes for sale in Chesapeake, the southern Chesapeake corridor is consistently popular for its relative quiet and its proximity to both Virginia Beach and the Norfolk metro without being swallowed by either.

What's nearby

Day-to-day errands are genuinely easy from Deepwater Drive. Grocery Outlet and ALDI are both under a mile away — solid options for keeping the weekly food budget in check without a long drive. Quick bites are covered by McDonald's and Hardee's within 0.9 miles, and a 7-Eleven less than a mile out handles coffee runs and last-minute stops. When you want fresh air, Newton Neck Park and Kevin Houston Park at Cedarwood are both about 0.9 miles away — two green spaces that are easy to reach on foot or by bike for an afternoon walk or a weekend outing with kids.

For different buyers

For military families relocating

At seven minutes from USCG Finance Center Chesapeake and 14 from Norfolk Naval Shipyard, 220 Deepwater Drive is a practical anchor for Coast Guard and Navy households. A VA loan pairs naturally with a property like this — three bedrooms, two baths, and a single-family structure that holds value across multiple PCS cycles. Chesapeake homes for sale at this commute distance to two installations don't stay overlooked for long.

For families upgrading

Three bedrooms and two full baths across 1,766 square feet gives a growing family real room to spread out. Families weighing homes for sale zoned for Grassfield High School and homes for sale zoned for Cedar Road Elementary School will find Deepwater Drive sits within that attendance zone — a meaningful anchor for households planning to put down roots in southern Chesapeake for the long haul.

More buyer questions

How far is 220 Deepwater Drive from USCG Finance Center Chesapeake?

The drive is approximately seven minutes under normal traffic conditions, making this one of the closer residential options to that installation in the 23322 area.

How far is 220 Deepwater Drive from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is roughly 14 minutes away, a commute that keeps Shipyard personnel well within a reasonable daily drive from southern Chesapeake.

Is 220 Deepwater Drive in a flood zone?

Flood zone status for this address is detailed in the FloodRisk tile on this page — review that section for the current FEMA designation before making decisions about insurance.

What zip code is 220 Deepwater Drive in?

The property is in zip code 23322, one of the southern Chesapeake zip codes that draws buyers exploring homes for sale in 23322 for its quieter residential character and dual-base access.

Does 220 Deepwater Drive have a garage?

Garage details for this specific property are best confirmed through the current listing data or a direct walkthrough — the 1978 construction era commonly included attached single-car garages on homes of this footprint.

Tom and Dariya Milan at LPT Realty know southern Chesapeake inside and out — reach out to get your questions answered and schedule a walkthrough of 220 Deepwater Drive.

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

Homes like this one sell fast — see the next one first

Chesapeake$395K – $535K3+ 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 AE · base flood elevation 8 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 510034

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone A

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

Explore this neighborhood

Riverwalk

Riverwalk is a master-planned community in Chesapeake, Virginia, set among mature hardwoods along the Eastern Branch of the Elizabeth River in the 23320 ZIP code, in the Greenbrier area.

$315K

Median sale · 12 mo

$206

Sold $/sq ft

18d

Days on market

18

For sale now

$87K

HH income

70%

Owner-occupied

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

Explore Riverwalk
Map of Riverwalk with neighborhood boundaryNeighborhood

homes for sale in Chesapeake

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

$2,902/mo

Principal & interest

$2,413

Property tax

$354

Home insurance

$136

PMI

None

HOA/Condo (paid separately)

None

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

111% of $420,100

City assessment record · taxes $4,243/yr

Land share of assessed value

52% — $220,000

Improvements $200,100 · assessor record ✓

Price context — similar nearby homes

$332,500$570,000

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.

407 Pines Of Warrick DR · 1.6 mi · 1,837 sqft$535,000 sold 2026-04
402 Penhook CT · 1.6 mi · 1,853 sqft$487,500 sold 2026-07
540 Akron AVE · 1.7 mi · 1,900 sqft$450,000 sold 2026-04

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

Sale & Tax History

List Price

$465,000

Price / Sq Ft

$263

Annual Taxes

$4,243

Monthly Tax

$354

HOA

None

Tax Rate (effective)

0.91%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 9, 2026$465,000
Price reducedAug 14, 2026$465,000−$30,000
Currently listed$465,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

11% above assessment

Total Assessed

$420,100

Land

$220,000

Improvement

$200,100

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

Is 220 Deepwater Dr in a good school zone?+
The assigned zones on the listing record are Cedar Road Elementary (VaHome School Score 8.2/10), Hickory Middle (VaHome School Score 9.2/10), Grassfield (VaHome School Score 8.8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 220 Deepwater Dr in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is 220 Deepwater Dr a waterfront property?+
Yes. The listing record shows: Boat Lift,Bulkhead,Canal,Deep Water,Deep Water Access,Dock,Navigable,Riparian Rights,River,Tidal.
Does 220 Deepwater Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 220 Deepwater Dr built?+
It was built in 1978, 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 Lorrie Gilbert · BHHS RW Towne Realty · REIN MLS #10645328

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.

220 Deepwater Dr, Chesapeake — photo

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

Call or text (757) 777-7577

220 Deepwater Dr, Chesapeake, Virginia 23322 · MLS #10645328 · 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.