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Chesapeake › HOMESTEAD AT BOWERS HILL › 508 Schaefer Ave✓ Source: REIN MLS #10653139 · record updated Sep 19, 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
8days on market

508 Schaefer Ave, Chesapeake, VA 23321

ActiveResidential · 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

Built in 2018, this 4-bedroom, 2.1-bath home in Chesapeake delivers 2,398 square feet of modern construction just 14 minutes from Norfolk Naval Shipyard. Clean lines, generous space, and a location that keeps daily life genuinely simple — that's the short version.

Keep searching in Chesapeake

See all Chesapeake homes for sale, including homes for sale in 23321, homes for sale zoned for Western Branch High School, and homes for sale zoned for Southwestern Elementary School. Browse every listing among homes for sale in Chesapeake — updated from the REIN MLS every few minutes. Nearby, look at Goose Creek 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

What sets 508 Schaefer Ave apart is the combination of recent construction and a western Chesapeake address that puts two major installations within easy reach. Homes built after 2015 in this price corridor are not as common as buyers expect, and 2,398 square feet across four bedrooms gives households room to actually spread out — not just exist side by side. The 2018 build year means systems, finishes, and energy standards are all a generation ahead of older surrounding inventory.

HOMESTEAD AT BOWERS HILL and the Chesapeake real estate market

Chesapeake is one of the largest cities by land area on the East Coast, and the 23321 zip code sits in its western branch — a quieter, more suburban pocket that trades the bustle of the oceanfront for wider lots, calmer streets, and faster access to the naval corridor along the Elizabeth River. The area around Schaefer Ave has a settled, residential feel: mostly single-family homes, mature tree lines along many blocks, and neighbors who tend to stay put. Commuters appreciate that I-664 and Route 17 are both within easy reach, connecting this corner of Chesapeake to Portsmouth, Suffolk, and the broader Hampton Roads network without forcing you through downtown traffic. Families comparing homes for sale in Chesapeake often land here once they discover how much space the western branch delivers relative to more congested zip codes closer to the water.

What's nearby

Day-to-day errands are straightforward from Schaefer Ave. Mer'z Family Diner is just 0.4 miles away — the kind of neighborhood spot worth knowing for weekend breakfasts or a quick weeknight meal. Frank's Truck Stop and Frank's Restaurant are both within 0.6 miles, adding a couple more casual dining options without any real drive. Grocery runs, pharmacies, and big-box retail are all accessible along the Western Branch corridor, keeping the practical side of daily life low-friction. The area also connects easily to the parks and green space that Chesapeake is known for throughout its western districts.

For different buyers

For military families relocating

Norfolk Naval Shipyard is 14 minutes from the front door, and Naval Medical Center Portsmouth is 15 — two of the region's most important installations within a single, predictable commute. A VA loan fits this property cleanly, and the 2018 construction means you're not inheriting someone else's deferred maintenance. Families weighing Chesapeake homes for sale near the naval corridor will find this address hard to pass up on pure logistics alone.

For families upgrading

Four bedrooms and 2,398 square feet built in 2018 gives a growing household genuine breathing room — dedicated spaces for work, sleep, and the organized chaos of family life. Families researching homes for sale zoned for Western Branch High School and homes for sale zoned for Southwestern Elementary School will find this address lands squarely in that zone, pairing solid school access with a home that was built for how people actually live today.

More buyer questions

How far is 508 Schaefer Ave from Norfolk Naval Shipyard?

The drive from 508 Schaefer Ave to Norfolk Naval Shipyard runs about 14 minutes under typical conditions. That's one of the shorter commutes available from a western Chesapeake address, which is a meaningful advantage for sailors and civilian employees on rotating schedules.

How far is 508 Schaefer Ave from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately 15 minutes from Schaefer Ave, making this address workable for medical staff, corpsmen, and contractors who need reliable access to that installation.

Is 508 Schaefer Ave in a flood zone?

Flood zone status for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. Western Chesapeake generally sits at higher elevation than the city's coastal areas, but always verify the specific parcel designation before making decisions.

What zip code is 508 Schaefer Ave in?

The property is in zip code 23321, the western branch section of Chesapeake. Buyers browsing homes for sale in 23321 will find this corridor offers newer construction and suburban depth that older Chesapeake zip codes closer to the water don't always match.

Does 508 Schaefer Ave have an HOA?

HOA status for this property should be confirmed through current disclosure documents, as community association structures can change over time. Your agent can pull the most current information during the due-diligence process.

Want to see 508 Schaefer Ave in person or run the numbers on a VA loan? Tom and Dariya Milan at LPT Realty know this Chesapeake corridor well — reach out and let's talk.

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

Looking up FEMA flood zone…

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 12, 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.

Market tempo

8 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 508 Schaefer Ave in a good school zone?+
The assigned zones on the listing record are Southwestern Elementary (VaHome School Score 4.8/10), Jolliff Middle (VaHome School Score 8.2/10), Western Branch (VaHome School Score 6.2/10). 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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