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Chesapeake › CEDAR LAKES › 501 E Lake Cir✓ Source: REIN MLS #10626605 · record updated May 18, 2026 · synced every 2 min · your inquiry is never resold
501 E Lake CIR, CHESAPEAKE VA 23322 - Main photo
$305,000
$194 / sqft · est. $2,218/mo →
3beds
2baths
1,570sqft
21days on market

501 E Lake Cir, Chesapeake, VA 23322

SoldResidential · built 1987 · CEDAR LAKES

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Pond.

Frontage

Pond ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Cozy 3/2 condo located in the heart of Great Bridge Chesapeake. Enjoy your second level unit overlooking the water while enjoying you private balcony. This home boast an open layout with vaulted ceilings, shiplap trim work, fireplace, and skylights. Amenities include a clubhouse and a pool. Located in a sought after school district and just minutes away from shopping, dining, the central library, medical facilities and easy access interstates. This is low-maintenance living at its best! Whether you are a first time home buyer or looking to downsize, this one is a must-see! Why rent when you can own. Schedule your private showing today!

Listing courtesy of Stephen Do · Iron Valley Real Est Norfolk · REIN MLS #10626605

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1987

Price / sqft

$194

Condo fee

$295/mo

Taxes

$3,015/yr

County

Chesapeake VA

Waterfront

Yes

MLS #

10626605

Condo association includes

ClubhouseGround MaintPoolTrash Pickup

$295/mo condo fee · Cedar Lakes Condos · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,570
Stories
2
Flooring
Carpet, Laminate/LVP, Vinyl
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR, Attic, Balcony, Loft, PBR with Bath, Pantry, Utility Closet
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Contemp
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Waterfront
Pond

Utilities & systems

Heating
Heat Pump, Nat Gas
Cooling
Central Air, Heat Pump, Variable Speed
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
CEDAR LAKES
Unit / floor
2
Zoning
RMF1
Ownership
Condo
Garage
No
Parking
2 Space, Assigned/Reserved
Possession
SETTLEMENT
Disclosures
Common Interest Community, Disclosure Statement, Pet on Premises, Resale Certif Req

See more Chesapeake waterfront homes.

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

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510034

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

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

Explore this neighborhood

Cedar Lakes

Cedar Lakes is a residential community in the Great Bridge area of Chesapeake, located off Cedar Road near its intersection with Battlefield Boulevard.

$302K

Median sale · 12 mo

$201

Sold $/sq ft

30d

Days on market

5

For sale now

$150K

HH income

98%

Owner-occupied

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

Explore Cedar Lakes →
Map of Cedar Lakes with neighborhood boundaryNeighborhood

Chesapeake homes for sale →

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

$2,218/mo

Principal & interest

$1,583

Property tax

$251

Home insurance

$89

PMI

None

HOA

$295

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$235,000 – $429,900

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.

559 Mill Landing RD · 0.4 mi · 1,525 sqft$294,000 sold 2026-03
632 Sedgefield CT · 0.4 mi · 1,361 sqft$235,000 sold 2026-03
333 Sikeston LN · 0.7 mi · 1,712 sqft$355,000 sold 2026-02

Sale & Tax History

List Price

$305,000

Price / Sq Ft

$194

Annual Taxes

$3,015

Monthly Tax

$251

Condo fee

$295 / mo

Tax Rate (effective)

0.99%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 28, 2026$305,000—
SoldMay 14, 2026$305,000—

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.

Questions buyers ask

Real questions, answered from the record

Is 501 E Lake Cir in a good school zone?+
The assigned zones on the listing record are Great Bridge Intermediate (GreatSchools 8/10), Great Bridge Middle (GreatSchools 7/10), Great Bridge (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 501 E Lake Cir 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.
Is there a gym near 501 E Lake Cir?+
Yes — Burn Boot Camp is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 501 E Lake Cir?+
Judge Eileen Olds Courtyard Park is about 0.6 miles away.
Where is the nearest grocery store to 501 E Lake Cir?+
Walmart Neighborhood Market is about 0.5 miles away. The closest dining on record is Great Pizza Co. (0.2 mi).
Is 501 E Lake Cir a waterfront property?+
Yes. The listing record shows: Pond.
Does 501 E Lake Cir 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 Cedar Lakes Condos. Association amenities on record include: Clubhouse, Ground Maint, Pool, Trash Pickup.
When was 501 E Lake Cir built?+
It was built in 1987, 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 Stephen Do · Iron Valley Real Est Norfolk · REIN MLS #10626605

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

🏡 Similar homes for saleWhat's my home worth?

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in ChesapeakeCall or text (757) 777-7577

501 E Lake Cir, Chesapeake, Virginia 23322 · MLS #10626605 · 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.

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