Skip to main content
VaHome.com
Chesapeake › KNELLS RIDGE › 320 Oak Lake Ter✓ Source: REIN MLS #10651839 · record updated Sep 2, 2026 · synced every 2 min · your inquiry is never resold
320 Oak Lake TER, CHESAPEAKE VA 23320 - Main photo
320 Oak Lake TER, CHESAPEAKE VA 23320 - Photo 2
320 Oak Lake TER, CHESAPEAKE VA 23320 - Photo 3
320 Oak Lake TER, CHESAPEAKE VA 23320 - Photo 4
320 Oak Lake TER, CHESAPEAKE VA 23320 - Photo 5
$430,000
$187 / sqft · est. $2,819/mo →
5beds
2.1baths
2,300sqft
0days on market

320 Oak Lake Ter, Chesapeake, VA 23320

New ListingResidential · built 1994 · KNELLS RIDGE

Facts & features

Type

Residential

Year built

1994

Price / sqft

$187

Condo fee

$165/mo

Taxes

$3,567/yr

County

Chesapeake VA

MLS #

10651839

Condo association includes

Ground MaintTrash Pickup

$165/mo condo fee · Oak Lake Estates Condo Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
5
Full baths
2
Half baths
1
Approx. sqft
2,300
Stories
2
Flooring
Carpet, Laminate/LVP, Vinyl
Ensuite bedrooms
1
Total rooms
9
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Backup Generator, Ceiling Fan, Gar Door Opener

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy,Wood Fence

Utilities & systems

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

Lot, parking & ownership

Lot size
0.1048
Subdivision
KNELLS RIDGE
Zoning
RMF1
Ownership
Condo
Garage
Yes
Parking
Garage Att 1 Car, Multi Car, Driveway Spc, Street
Possession
SETTLEMENT
Disclosures
Common Interest Community, Disclosure Statement, Resale Certif Req

See more Chesapeake condos & townhomes.

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

About this home

Welcome to 320 Oak Lake Terrace. This beautifully updated 5-bedroom, 2.5-bathroom home offers approximately 2,300 square feet of living space. The move-in-ready interior features an open-concept layout, a custom upgraded kitchen, modern finishes, barn doors, and updated flooring throughout generous living areas. Upstairs includes a large primary suite with a walk-in closet and private en-suite bath, plus four additional bedrooms that may be used as guest rooms, an office, or flex space. Outside, the fully fenced backyard offers a brick patio and a shed for additional storage. Conveniently located minutes from Greenbrier and Battlefield shopping and dining, major interstates, and area military bases.

Listing courtesy of John Ramsey · Own Real Estate LLC · REIN MLS #10651839

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

320 Oak Lake Terrace is a five-bedroom, 2.5-bath home in Chesapeake, Virginia, built in 1994 and offering 2,300 square feet of living space. With a USCG Finance Center literally around the corner and Chesapeake City Park less than a mile away, daily life here is genuinely convenient.

Keep searching in Chesapeake

See all Chesapeake homes for sale, including homes for sale in 23320 and homes for sale zoned for Oscar Smith High School. Browse every listing among homes for sale in Chesapeake — updated from the REIN MLS every few minutes. Nearby, look at Knells Ridge homes for sale, Chesapeake waterfront homes for sale, Chesapeake condos and townhomes for sale, and new construction homes in Chesapeake.

Read the full overview ↓

Why this home stands out

Five bedrooms in a 1994-built home gives you real flexibility — a dedicated home office, a guest suite, a playroom, or all three. The half-bath keeps the main living areas functional when the house is full. Sitting inside the 23320 zip code with the USCG Finance Center a one-minute drive away, this address punches above its square footage when it comes to lifestyle convenience and commute ease.

KNELLS RIDGE and the Chesapeake real estate market

Oak Lake Terrace sits in central Chesapeake, one of the largest cities by land area in the United States and a community that has built a strong reputation for livable neighborhoods, mature tree canopy, and easy access to both the water and the interstate. This part of Chesapeake feels settled and residential without feeling remote — you're close to the action but insulated from the noise. The streets here are the kind where neighbors know each other's names, kids ride bikes on weekday afternoons, and the pace feels genuinely relaxed. Chesapeake homes for sale in this corridor tend to attract buyers who want space without sacrificing proximity to employment centers, and it's easy to see why. The city's parks system is excellent, the road network connects you quickly to Norfolk, Portsmouth, and Virginia Beach, and the overall quality of infrastructure reflects decades of steady municipal investment.

What's nearby

Restaurants are practically at your doorstep — Barley Pizza, Maymar Filipino Restaurant, and La Oficina Steakhouse & Cantina are each within two-tenths of a mile, making weeknight dinners out almost effortless. For groceries, Food Lion is 0.7 miles away, with a Dollar General and a BP station filling in for quick runs even closer. Oak Grove Meadows is just 0.3 miles away for a morning walk, and Chesapeake City Park — one of the city's signature green spaces — is under a mile. Fitness options include Hope Fit VA's bungee fitness studio and LG Fit LLC, both within a mile. Grab a smoothie at KRAVE Juice & Smoothie Cafe when you need a midday reset.

For different buyers

For military families relocating

The USCG Finance Center Chesapeake is literally a one-minute drive from the front door — it's hard to find a shorter commute in the region. Norfolk Naval Shipyard is about 12 minutes away, making this address a strong fit for dual-military households or anyone weighing a VA loan purchase who wants to minimize drive time without sacrificing a full five-bedroom home.

For families upgrading

Five bedrooms and 2,300 square feet give a growing family genuine room to spread out — dedicated spaces for work, sleep, guests, and play without anyone feeling cramped. Families comparing homes for sale zoned for Oscar Smith High School will find this address lands squarely in that zone, and the proximity to Chesapeake City Park and Oak Grove Meadows means outdoor time is always close.

More buyer questions

How far is 320 Oak Lake Terrace from USCG Finance Center Chesapeake?

The USCG Finance Center Chesapeake is approximately a one-minute drive — it's one of the closest residential addresses to that installation you'll find in the area.

How far is 320 Oak Lake Terrace from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is roughly 12 minutes away by car, making this a practical option for anyone assigned there who wants to stay on the Chesapeake side of the water.

What zip code is 320 Oak Lake Terrace in?

The property is in the 23320 zip code, a central Chesapeake zip that covers a broad swath of established residential neighborhoods and is well-represented among homes for sale in 23320 on most search platforms.

Is 320 Oak Lake Terrace in a flood zone?

Flood zone designation for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data — check there for the most accurate and up-to-date classification.

Are there parks near 320 Oak Lake Terrace?

Yes — Oak Grove Meadows is 0.3 miles away, and Chesapeake City Park, one of the city's most popular green spaces, is under a mile from the front door.

Want to know more about 320 Oak Lake Terrace or explore other homes for sale in Chesapeake? Tom and Dariya Milan at LPT Realty are ready to help — reach out anytime.

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

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

Chesapeake$365K – $495K5+ beds

Listings refresh every 2 minutes, straight from the MLS. At most one email a day. Unsubscribe anytime.

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…

Explore this neighborhood

Knells Ridge

Knells Ridge sits in the Greenbrier area of northern Chesapeake, clustered along Knells Ridge Boulevard just off North Battlefield Boulevard near Oak Grove Road (ZIP 23320).

$365K

Median sale · 12 mo

$207

Sold $/sq ft

17d

Days on market

10

For sale now

$83K

HH income

52.1%

Owner-occupied

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

Explore Knells Ridge →
Map of Knells Ridge with neighborhood boundaryNeighborhood

houses 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

$2,654/mo

Principal & interest

$2,231

Property tax

$297

Home insurance

$125

PMI

None

HOA/Condo (paid separately)

$165

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

Judge value on real ground

Price context — similar nearby homes

$407,000 – $883,000

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.

322 Snowberry LN · 1.5 mi · 1,850 sqft$407,000 sold 2026-07
165 Tranquility TRCE · 1.9 mi · 2,657 sqft$883,000 sold 2026-06
155 Repose LN · 1.9 mi · 1,847 sqft$440,000 sold 2026-02

Sale & Tax History

List Price

$430,000

Price / Sq Ft

$187

Annual Taxes

$3,567

Monthly Tax

$297

Condo fee

$165 / mo

Tax Rate (effective)

0.83%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 2, 2026$430,000—
Currently listed—$430,000—

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:

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

0 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 320 Oak Lake Ter in a good school zone?+
The assigned zones on the listing record are B.M. Williams Primary, Greenbrier Middle (VaHome School Score 7.2/10), Oscar Smith (VaHome School Score 3.7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 320 Oak Lake Ter 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 320 Oak Lake Ter have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Oak Lake Estates Condo Association. Association amenities on record include: Ground Maint, Trash Pickup.
When was 320 Oak Lake Ter built?+
It was built in 1994, 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 John Ramsey · Own Real Estate LLC · REIN MLS #10651839

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.

320 Oak Lake Ter, Chesapeake — photo

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

Call or text (757) 777-7577

320 Oak Lake Ter, Chesapeake, Virginia 23320 · MLS #10651839 · 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.

✆