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Chesapeake › HOMESTEAD AT BOWERS HILL › 508 Schaefer Ave✓ Source: REIN MLS #10653139 · record updated Oct 11, 2026 · synced every 2 min · your inquiry is never resold
508 Schaefer AVE, CHESAPEAKE VA 23321 - Main photo
508 Schaefer AVE, CHESAPEAKE VA 23321 - Photo 2
508 Schaefer AVE, CHESAPEAKE VA 23321 - Photo 3
508 Schaefer AVE, CHESAPEAKE VA 23321 - Photo 4
508 Schaefer AVE, CHESAPEAKE VA 23321 - Photo 5
4beds
2.1baths
2,398sqft
16days on market

508 Schaefer Ave, Chesapeake, VA 23321

Under ContractResidential · built 2018 · HOMESTEAD AT BOWERS HILL

Facts & features

Type

Residential

Year built

2018

Price / sqft

$213

HOA fee

$30/mo

Taxes

$4,807/yr

County

Chesapeake VA

MLS #

10653139

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,398
Stories
2
Flooring
Carpet, Laminate/LVP, Wood
Ensuite bedrooms
1
Total rooms
8
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Gas Range, Refrigerator, Washer, Washer Hookup

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Stone,Vinyl
Pool
No Pool
Fencing
Back Fenced

Utilities & systems

Heating
Nat Gas, Programmable Thermostat
Cooling
Central Air
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.2520
Subdivision
HOMESTEAD AT BOWERS HILL
Zoning
R10
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, 2 Space, Driveway Spc, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement, Pet on Premises

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

About this home

Welcome to 508 Schaefer Avenue, a beautifully maintained 2018-built home in Chesapeake's Deep Creek area! With 4 bedrooms, 2.5 baths, and 2,398 square feet, this home offers the space today's buyers are looking for. The main level features an open flow between the kitchen, dining, and living areas, along with a separate front flex room ideal for a home office, playroom, or sitting room. The bright kitchen includes white cabinetry, granite countertops, a large island with seating, and stainless steel appliances. Upstairs, the spacious primary suite includes a separate sitting area and an ensuite bath with dual vanities, a soaking tub, and a separate glass shower. Three additional bedrooms and an upstairs laundry room add everyday convenience. Outside, enjoy a level backyard, concrete patio, wooded backdrop, and attached two-car garage. Potential 5.75% assumable loan opportunity for qualified buyers, subject to lender/servicer approval, underwriting, applicable terms, and buyer qualification. Schedule your private showing today!! THIS ONE IS A STEAL!!!

Listing courtesy of Sonali Hutson · Samson Properties · REIN MLS #10653139

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Four-bedroom, two-and-a-half-bath home built in 2018 on a quiet Chesapeake street. About 14 minutes to Norfolk Naval Shipyard and 15 minutes to Naval Medical Center Portsmouth. Modern systems and a solid floor plan make this a straightforward choice.

Read the full overview ↓

Why this home stands out

This 2,398-square-foot home sits on a residential lot in a neighborhood built within the last decade. The 2018 construction means modern electrical, plumbing, HVAC, and roofing systems with years of life ahead. Four bedrooms give you flexibility—a home office, guest room, or space to spread out. Two full baths plus a half bath handle the morning rush. You'll find Chesapeake homes for sale across a wide price range; this one delivers straightforward, honest value without the premium markup of newer subdivisions.

HOMESTEAD AT BOWERS HILL and the Chesapeake real estate market

Schaefer Avenue is a quiet, tree-lined street in Chesapeake's residential core. The neighborhood carries the feel of established, well-kept blocks where neighbors tend their yards and kids ride bikes in the late afternoon. Homes here run a mix of ages and styles, creating an unpretentious, lived-in character. Chesapeake itself is Virginia's largest city by land area, stretching from the Elizabeth River to the North Carolina border. Getting around is straightforward: major roads like Battlefield Boulevard and Victory Boulevard connect you to shopping, dining, and employment centers across the city. The 23321 zip code sits in the central part of the city, offering quick access to both Norfolk Naval Shipyard and the Portsmouth waterfront. If you are comparing homes for sale in Chesapeake, this location puts you near work and daily errands without a long commute.

What's nearby

Mer'z Family Diner sits just two blocks away—a neighborhood fixture for breakfast and lunch. Frank's Truck Stop and Frank's Restaurant are both within walking distance if you're in the mood for a casual meal. The area has the bones of an older, working Chesapeake: local businesses, straightforward dining, and the kind of everyday convenience that comes from a mature neighborhood. You're close enough to run errands without a long drive.

For different buyers

Base commute and VA loan notes

Norfolk Naval Shipyard is roughly 14 minutes away; Naval Medical Center Portsmouth about 15 minutes. Both bases are reachable without sitting in heavy traffic. VA loan financing is common in this area, and the 2018 construction means no major surprises before closing. Modern systems and a solid floor plan work well for a straightforward transition.

Room to grow

Four bedrooms let you claim a home office, guest room, or hobby space. Two full baths plus a half bath handle morning routines without conflict. The 2,398-square-foot layout spreads across a sensible floor plan. A fenced or open yard gives you outdoor room to play or garden. Storage and garage space let you keep gear organized.

More buyer questions

How far is 508 Schaefer Avenue from Norfolk Naval Shipyard?

About 14 minutes by car, depending on traffic. It's a straightforward commute without crossing major bridges.

What year was this home built?

2018. That means modern electrical, plumbing, HVAC, and roofing systems with years of life ahead.

How many bedrooms and bathrooms does the house have?

Four bedrooms and two full baths plus a half bath. That's plenty of room and enough plumbing for a busy household.

Are there homes for sale in 23321 with four bedrooms?

Yes. This address is one example in the 23321 zip code. The area offers a range of four-bedroom options at different price points.

What schools are nearby if I'm comparing homes for sale zoned for Western Branch High School and homes for sale zoned for Southwestern Elementary School?

Both schools serve this area of Chesapeake. Check the Schools tile on this page for detailed information, ratings, and enrollment details.

Ready to tour 508 Schaefer Avenue? Contact Tom & Dariya Milan to schedule a walk-through and ask any questions about the home or the neighborhood.

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

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

Chesapeake$430K – $590K4+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510034

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

16.7 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone B

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

In the Goose Creek neighborhood of Chesapeake. Chesapeake real estate →

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

$3,195/mo

Principal & interest

$2,646

Property tax

$401

Home insurance

$149

PMI

None

HOA/Condo (paid separately)

$30

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

Asking vs. assessment

107% of $475,900

City assessment record · taxes $4,807/yr

Land share of assessed value

27% — $130,000

Improvements $345,900 · assessor record ✓

Price context — similar nearby homes

$355,000 – $615,000

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.

4513 Sunray AVE · 0.6 mi · 2,544 sqft$445,000 sold 2026-05
4512 Moonlight WAY · 0.4 mi · 2,112 sqft$485,000 sold 2026-06
603 Raeside AVE · 0.3 mi · 2,057 sqft$500,000 sold 2026-07

Own a home nearby? See what it is worth today — What's your Chesapeake home worth?

Sale & Tax History

List Price

$509,900

Price / Sq Ft

$213

Annual Taxes

$4,807

Monthly Tax

$401

HOA fee

$30 / mo

Tax Rate (effective)

0.94%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 26, 2026$509,900—
Currently listed—$509,900—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

7% above assessment

Total Assessed

$475,900

Land

$130,000

Improvement

$345,900

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:

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

Is 508 Schaefer Ave in a good school zone?+
The assigned zones on the listing record are Southwestern Elementary (VaHome School Score 6.3/10), Jolliff Middle (VaHome School Score 7.6/10), Western Branch (VaHome School Score 6.3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 508 Schaefer Ave 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 508 Schaefer Ave have an HOA?+
Yes — HOA dues are on record for this property (the current amount is shown in the facts section on this page). The association of record is NA.
When was 508 Schaefer Ave built?+
It was built in 2018, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Sonali Hutson · Samson Properties · REIN MLS #10653139

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.

508 Schaefer Ave, Chesapeake — photo

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

Call or text (757) 777-7577

508 Schaefer Ave, Chesapeake, Virginia 23321 · MLS #10653139 · 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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