12 days on market
$689,000
2027 River Pearl Way
Chesapeake, Virginia 23321
MLS# 10633839 · WATERSTONE · Chesapeake VA
Updated 2 days ago · Source: REIN MLS
Est. payment
$4,249/mo
Edit below
Price / sq ft
$219
3,151 sq ft
Days on market
12
New listing
HOA
None
Year built
1998
28 yrs old
Beds
5
Full Baths
3
Half Baths
0
Sq Ft
3,151
Garage
Yes
Schools
- ElementaryEdwin W. Chittum Elementary School6/10
- MiddleJolliff Middle School7/10
- 6/10
Info provided by GreatSchools
About this home
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…
Listed by Steven Southerland · Southerland Real Estate Inc.
VaHome Team property overview
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 full property overview ↓Show less ↑
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.
Frequently asked 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.
Location & Neighborhood
Location & Street View
2027 River Pearl WAY, 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
Property Details
Bedrooms
5
Full Baths
3
Half Baths
0
Approx Sq Ft
3,151
Stories
2
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$689,000
Price / Sq Ft
$219
Annual Taxes
$5,670
Monthly Tax
$473
HOA
None
Tax Rate (effective)
0.82%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 7, 2026 | $689,000 | — |
| Currently listed | — | $689,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 19, 2026.
Total Assessed
$561,400
Land
$160,000
Improvement
$401,400
Parcel ID: 0156001000140
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
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.
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
$4,249/moPrincipal & interest
$3,575
Property tax
$473
Home insurance
$201
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 Southerland Real Estate Inc. · MLS# 10633839
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$689,000
2027 River Pearl WAY, CHESAPEAKE VA 23321
Chesapeake, Virginia 23321
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