0 days on market
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$270,000
2261 Shipyard Rd
Chesapeake, Virginia 23323
MLS# 10640981 · DEEP CREEK · Chesapeake VA
Updated 5 days ago · Source: REIN MLS
Est. payment
$1,727/mo
Edit below
Price / sq ft
$200
1,353 sq ft
Days on market
0
New listing
HOA
None
Year built
1925
101 yrs old
Beds
3
Full Baths
1
Half Baths
0
Sq Ft
1,353
Garage
No
About this home
INVESTOR ALERT! Rare opportunity to own 2.5 acres in the heart of Chesapeake with city water and city sewer already in place. Opportunities like this are becoming increasingly difficult to find, especially in one of Chesapeake's fastest growing corridors. This 3 bedroom, 1 bathroom home with a screened front porch is ready for its next chapter. Whether you're looking to renovate, expand, hold as a long term investme…
Listed by Aneta Krauz · KW Coastal Virginia Chesapeake
VaHome Team property overview
A century-old three-bedroom home on Shipyard Road in Chesapeake, Virginia, offering 1,353 square feet of character-rich living space built in 1925 — just minutes from two major military installations and the everyday conveniences of South Chesapeake.
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Why this home stands out
Homes with nearly a hundred years of history don't come around often, and 2261 Shipyard Road carries that rare combination of age and authenticity. The 1925 construction means real craftsmanship — the kind of bones that newer builds simply can't replicate. At 1,353 square feet across three bedrooms and one bath, the layout is efficient without feeling cramped, and the Chesapeake address keeps commutes to multiple bases genuinely short.
DEEP CREEK and the Chesapeake real estate market
Shipyard Road sits in the southern reaches of Chesapeake, Virginia — a city that consistently ranks among the most livable in the Hampton Roads region. This part of Chesapeake has a quiet, established feel: modest lots, mature trees, and neighbors who have often been around for decades. It's not a flashy corridor, but it's a grounded one, and that matters when you're looking for a place that actually feels like home rather than a development. The broader South Chesapeake area blends light industrial heritage with residential calm, giving the streets a working-class authenticity that's increasingly hard to find. Chesapeake as a whole offers low traffic density compared to Norfolk or Virginia Beach, and the city's infrastructure — roads, utilities, parks — is well maintained. For anyone prioritizing a manageable commute, reasonable proximity to the water, and a neighborhood that isn't constantly reinventing itself, this address checks real boxes.
What's nearby
Daily life is easy to manage from Shipyard Road. Grocery runs, fuel stops, and quick errands are all within a short drive along the South Military Highway and Bainbridge Boulevard corridors. Western Branch and Great Bridge offer additional retail and dining options just a few minutes further out. Elizabeth River Trail access points and city parks are reachable without getting on the highway. Norfolk Naval Shipyard is roughly 12 minutes away, and the USCG Finance Center Chesapeake is about 11 minutes — making this address genuinely practical for anyone attached to either installation.
For different buyers
For military families relocating
Eleven minutes to the USCG Finance Center Chesapeake and twelve to Norfolk Naval Shipyard — that's the kind of commute that changes your quality of life. A VA loan can make a century-old home like this one surprisingly accessible, and Chesapeake's lower cost of living stretches BAH further than many neighboring cities. Three bedrooms gives a family room to breathe, and the established neighborhood means stability.
For buyers drawn to character
If you've toured enough new construction to know exactly what you don't want, 2261 Shipyard Road might be the reset. Built in 1925, this home has the proportions, the materials, and the quiet confidence that come only with age. Three bedrooms and 1,353 square feet is a thoughtful footprint — enough space to live well, not so much that the house starts living you. South Chesapeake's unhurried pace suits a home like this perfectly.
Frequently asked questions
How far is 2261 Shipyard Road from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately 12 minutes from 2261 Shipyard Road under typical driving conditions. The route is straightforward via local roads without requiring highway travel.
How far is 2261 Shipyard Road from the USCG Finance Center Chesapeake?
The USCG Finance Center Chesapeake is about 11 minutes away, making it the closest major installation to this address. That's a commute that leaves meaningful time back in your day.
What is the flood zone status for 2261 Shipyard Road?
Flood zone designation for this property is displayed in the FloodRisk tile on this page. We recommend reviewing that information and consulting FEMA's flood map service for the most current data.
Is there an HOA at 2261 Shipyard Road, Chesapeake?
Based on available information, this property does not appear to be governed by a homeowners association, though buyers should verify this during the due diligence period.
What can you tell me about the age and construction of this home?
2261 Shipyard Road was built in 1925, making it one of the older residential properties in South Chesapeake. Homes of this era typically feature solid construction methods and materials that differ meaningfully from modern builds, and a professional inspection will give you the full picture on current condition.
Curious whether 2261 Shipyard Road fits your situation? Tom and Dariya Milan at LPT Realty know this part of Chesapeake well — reach out and let's talk through it.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
1
Half Baths
0
Approx Sq Ft
1,353
Stories
1
Fireplaces
0
Flooring
Carpet, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Microwave, Elec Range, Refrigerator
Sale & Tax History
List Price
$270,000
Price / Sq Ft
$200
Annual Taxes
$2,963
Monthly Tax
$247
HOA
None
Tax Rate (effective)
1.10%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 23, 2026 | $270,000 | — |
| Currently listed | — | $270,000 | — |
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:
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
Homes for sale in Chesapeake, VA appeal to buyers who want suburban space, top-rated schools, and easy access to Virginia Beach and Norfolk. The city's geography splits roughly into five corridors: Greenbrier (23320) with newer construction and shopping near the mall; Great Bridge (23320, 23322) with the historic Battlefield district and excellent schools; Hickory (23322) with large-lot family homes and Hickory High; Western Branch (23321) near the Portsmouth border with mature trees and starter homes; and Deep Creek / South Norfolk (23323, 23324) with affordable inventory and waterfront access. Buyer demand is anchored by Chesapeake Public Schools — among the highest-rated in Hampton Roads — including Hickory High, Grassfield High, Great Bridge High, and Western Branch High. Median home prices range from $300K starter homes in Deep Creek to $600K+ Great Bridge family homes and $1M+ luxury estates in Hickory's gated communities. Chesapeake's commute is excellent for buyers working in Virginia Beach, Norfolk Naval Shipyard, or Newport News Shipbuilding via the I-664 and I-64 corridors. Below you'll find every active Chesapeake MLS listing pulled every 5 minutes from the REIN feed.
Military Commute
Drive times to nearest basesDrive 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
$1,727/moPrincipal & interest
$1,401
Property tax
$247
Home insurance
$79
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 KW Coastal Virginia Chesapeake · MLS# 10640981
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$270,000
2261 Shipyard RD, CHESAPEAKE VA 23323
Chesapeake, Virginia 23323
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