12 days on market
$699,900
1329 Penrose Ln
Chesapeake, Virginia 23320
MLS# 10633884 · ARLINGTON MEADOWS · Chesapeake VA
Updated 8 hours ago · Source: REIN MLS
Est. payment
$4,332/mo
Edit below
Price / sq ft
$292
2,400 sq ft
Days on market
12
New listing
HOA
None
Year built
2010
16 yrs old
Beds
4
Full Baths
3
Half Baths
0
Sq Ft
2,400
Garage
Yes
Schools
- ElementaryGreenbrier Primary School—
- MiddleGreenbrier Middle School6/10
- 3/10
Info provided by GreatSchools
About this home
Custom-built and thoughtfully upgraded, this 4-bedroom, 3-bath ranch offers over 2,300 square feet of refined single-level living in Chesapeake. The open layout features updated finishes throughout, including a well-designed kitchen with granite countertops, stainless steel appliances, custom cabinetry, and generous prep space. The primary suite includes a private office or flex space for remote work, fitness, or a q…
Listed by Andy Nelson · Iron Valley Real Estate HR
VaHome Team property overview
1329 Penrose Lane is a 4-bedroom, 3-bath single-family home in Arlington Meadows, Chesapeake, offering 2,400 square feet on a generous 0.36-acre lot. Built in 2010, it sits just four minutes from USCG Finance Center Chesapeake and sixteen minutes from Norfolk Naval Shipyard.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 1329 Penrose Lane apart is the combination of a newer build — 2010 construction means modern systems and code standards — with a lot size that's hard to find close to the city core. At 0.36 acres, there's genuine outdoor breathing room here. Four bedrooms and three full baths give the floor plan real flexibility, whether you need a dedicated home office, a guest suite, or space for a growing household.
ARLINGTON MEADOWS and the Chesapeake real estate market
Arlington Meadows is a well-established residential community in the heart of Chesapeake, Virginia — a city known for its balance of suburban comfort and genuine Southern character. Streets here are quiet and tree-lined, and the neighborhood draws a mix of military families, long-term residents, and professionals who want space without sacrificing convenience. If you've been searching chesapeake city houses for sale and wondering which pockets actually deliver on lifestyle, Arlington Meadows consistently earns high marks. Chesapeake itself is one of the largest cities by land area in the entire country, which translates to parks, greenways, and a pace of life that doesn't feel rushed. The Great Dismal Swamp National Wildlife Refuge is within reach for weekend hiking and wildlife watching, and the broader South Hampton Roads corridor puts you close to Virginia Beach beaches, downtown Norfolk dining, and the region's major employment hubs — all without the congestion of living right in the urban core.
What's nearby
Day-to-day errands and routines are easy to manage from Penrose Lane. Grocery options, pharmacies, and everyday retail are all within a short drive along the major corridors near Arlington Meadows. For fitness, TEALL Transformation Yoga is less than a mile away — a local studio offering yoga classes for all levels, ideal if you want a wellness routine that doesn't require a long commute. The surrounding Chesapeake neighborhoods also offer a solid mix of casual dining and coffee spots, so whether you're grabbing a quick breakfast before work or winding down after a long day, you won't have to travel far to find what you need.
For different buyers
For military families relocating
At four minutes from USCG Finance Center Chesapeake, 1329 Penrose Lane is about as close as it gets for Coast Guard personnel. Norfolk Naval Shipyard is a straightforward sixteen-minute drive, making this address workable for dual-military households too. VA loan eligibility can make a four-bedroom home on a third-of-an-acre lot even more accessible — and BAH rates in the Hampton Roads area are among the stronger allowances in the region.
For families upgrading
Four bedrooms, three full baths, and 2,400 square feet on a 0.36-acre lot — this is the kind of layout families move into and stay in for years. The 2010 build year means you're not inheriting aging mechanicals or outdated electrical panels. There's room for everyone inside, and the lot gives kids genuine outdoor space. If you're ready to trade up from a townhome or a smaller footprint, 1329 Penrose Lane is worth a close look among homes for sale in Chesapeake.
Frequently asked questions
How far is 1329 Penrose Lane from USCG Finance Center Chesapeake?
The drive is approximately four minutes under normal traffic conditions, making it one of the closest residential options to the base. For active-duty Coast Guard personnel, that kind of proximity is genuinely rare in this price tier.
How far is 1329 Penrose Lane from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is about sixteen minutes away by car, a manageable commute for Shipyard workers or sailors attached to vessels in the yard. The route is well-traveled and avoids the worst of Hampton Roads bridge-tunnel traffic.
What is the lot size at 1329 Penrose Lane?
The lot measures 0.36 acres, which is notably larger than the typical suburban lot in this part of Chesapeake. That extra space gives you room for a garden, outdoor entertaining area, or simply a larger yard buffer between neighbors.
Is 1329 Penrose Lane in a flood zone?
Flood zone designation for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. We recommend reviewing that information and discussing it with your lender or insurance agent before making any decisions.
What are the closest grocery stores and everyday services to Penrose Lane?
Several grocery chains and pharmacy options are within a short drive along the main commercial corridors near Arlington Meadows in Chesapeake. TEALL Transformation Yoga, a local fitness studio, is under a mile from the address for residents who prioritize walkable wellness options.
Tom and Dariya Milan at LPT Realty know Arlington Meadows and the broader Chesapeake market inside and out. Reach out to get honest, local guidance on this address and what it could mean for your next move.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
1329 Penrose LN, 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
4
Full Baths
3
Half Baths
0
Approx Sq Ft
2,400
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$699,900
Price / Sq Ft
$292
Annual Taxes
$5,960
Monthly Tax
$497
HOA
None
Tax Rate (effective)
0.85%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 8, 2026 | $699,900 | — |
| Currently listed | — | $699,900 | — |
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
$4,332/moPrincipal & interest
$3,632
Property tax
$497
Home insurance
$204
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 Iron Valley Real Estate HR · MLS# 10633884
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$699,900
1329 Penrose LN, CHESAPEAKE VA 23320
Chesapeake, Virginia 23320
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