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✓ Source: REIN MLS #10647918 · record updated Oct 26, 2026 · synced every 2 min · your inquiry is never resold
$624,900Last list price
4beds
2.1baths
2,362sqft
$265per sqft
Off the market since Oct 26, 2026

509 Fair Oak Dr, Chesapeake, VA 23322

Off MarketResidential · built 2004 · 0.35 acres · STRATFORD TERRACE · MLS #10647918

Listing statusThis home is off the market

509 Fair Oak Dr was listed for sale on Aug 7, 2026. The last list price was $624,900. It came off the market on Oct 26, 2026. It is not listed for sale in the REIN MLS.

OverviewAbout this home

Discover elevated living in this exquisitely renovated 4-bedroom, 2.5-bath residence, perfectly situated in the highly coveted Hickory School District. Every detail has been thoughtfully reimagined, showcasing sophisticated designer finishes, fresh interior paint, gorgeous new flooring, a stunning chef-inspired kitchen, and beautifully renovated bathrooms, creating a truly turnkey home that effortlessly blends style and comfort. A dramatic two-story family room welcomes you with soaring ceilings and an abundance of natural light, creating an impressive yet inviting gathering space. The first-floor primary suite offers a luxurious private retreat with a vaulted ceiling and an elegant ensuite designed for relaxation. Spacious secondary bedrooms provide flexibility for family, guests, or a home office. Designed with entertaining in mind, the brand-new deck overlooks a generous backyard surrounded by mature trees that provide exceptional beauty, privacy, and shade. Whether hosting lively gatherings or enjoying a peaceful evening outdoors, this setting is sure to impress. Additional features include a spacious two-car garage and a unique opportunity for the buyer to personalize the finishing touch by selecting either a gas or electric range/oven to perfectly complement the beautifully appointed kitchen.

Listing courtesy of Eddie Gerardo-Ferrer · RE/MAX Allegiance · REIN MLS #10647918

Facts & features

TypeResidential
Year built2004
Price / sqft$265
HOANone
Taxes$5,470/yr
CountyChesapeake VA
MLS #10647918

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,362
Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
9
Other rooms
1st Floor Primary BR, Attic, Breakfast Area, Foyer, PBR with Bath, Porch, Utility Room
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener, Security Sys

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy,Wood Fence

Utilities & systems

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

Lot, parking & ownership

Lot size
0.3500
Subdivision
STRATFORD TERRACE
Zoning
R15S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Driveway Spc, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor

Tom & Dariya's overview

Our read on this home

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

At a glance

This four-bedroom, two-bath home sits on a quiet street in Chesapeake, built in 2004 with 2,362 square feet of living space. You're about nine minutes from USCG Finance Center Chesapeake, making it convenient for base commuters. The open layout and established neighborhood offer both comfort and accessibility.

Read the full overview ↓

Why this home stands out

Fair Oak Drive is a tree-lined street where homes sit back from the road, creating a peaceful, suburban feel. The 2004 construction means solid bones and modern systems without the premium price of newer builds. Four bedrooms give you flexibility for a home office, guest room, or hobby space. The lot offers room to breathe, and the neighborhood has the kind of stability that comes from established residents who've stayed put for years.

STRATFORD TERRACE and the Chesapeake real estate market

Chesapeake is Virginia's largest city by area, blending suburban comfort with rural character across its 726 square miles. Your street is in a quiet pocket where tree coverage is generous and traffic is light. Homes here range from modest ranches to larger colonials, most built between the 1990s and 2010s. The neighborhood feels settled and stable without being overly manicured. Chesapeake itself is a city of neighborhoods—each with its own rhythm and character. You're about 20 minutes to downtown Norfolk, 15 minutes to Virginia Beach's commercial core, and roughly 30 minutes to the Peninsula. Daily errands are easy: grocery stores, pharmacies, and casual dining cluster nearby on major corridors. If you're comparing Chesapeake homes for sale, note that this zip code offers a good mix of affordability and convenience.

What's nearby

The neighborhood sits close to shopping and services. A Harris Teeter and Food Lion are within five minutes by car. Chesapeake Public Library's main branch is about ten minutes away, offering programs and quiet study space. Parks with playgrounds and walking trails are scattered throughout the area—Greenbrier Park and Dismal Swamp State Park are both within 20 minutes. For dining, local spots and chains cluster on nearby commercial strips. The proximity to both USCG Finance Center Chesapeake and Norfolk Naval Shipyard makes commuting straightforward from this location.

For different buyers

Base commute and VA loan notes

About nine minutes to USCG Finance Center Chesapeake and 21 minutes to Norfolk Naval Shipyard—a solid commute for active-duty and civilian personnel. VA loan financing is common in this area, and the home's 2004 build date means solid systems and move-in readiness. Four bedrooms and two full baths provide flexibility for your household's needs.

Room to grow

Four bedrooms mean a dedicated home office, guest room, or hobby space—room to grow without relocating. The open floor plan connects the main living areas, and the lot size gives you outdoor space for a garden or play area. Storage is built throughout, and the two-car garage handles both vehicles and seasonal gear.

More buyer questions

How far is 509 Fair Oak Drive from USCG Finance Center Chesapeake?

About nine minutes by car, making it a short commute for base personnel and civilian employees.

What zone does this address fall into?

This property is zoned for homes for sale zoned for Hickory High School and the corresponding feeder pattern.

Is there a garage?

Yes, the home has a two-car garage, plus driveway parking.

How many bedrooms and bathrooms does the home have?

Four bedrooms and 2.1 bathrooms across 2,362 square feet.

What is the lot like?

The property sits on a quiet, tree-lined street with good spacing between homes and room for outdoor activities or future improvements.

Ready to tour 509 Fair Oak Drive? Contact Tom & Dariya Milan at LPT Realty to schedule your visit and learn more about homes for sale in 23322.

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

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighHickory High School
8.7/10
Down 0.1 from 2024–25
MiddleHickory Middle School
9/10
Down 0.2 from 2024–25
ElementaryButts Road Primary SchoolPK–2 · SOL testing starts in grade 3 · tests at Butts Road Intermediate
8.9/10
via Intermediate
Up 0.1 from 2024–25

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.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

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Military Commute

Drive times to nearest bases

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

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’t define a BFE here.

Property elevation

18.8 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’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — 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 D

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

Military Aircraft Zone Information

Aircraft Noise

>75 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhoodRavenna

Ravenna is a neighborhood in the Hickory area of south Chesapeake, Virginia. It sits near where Mount Pleasant Road meets Elmhurst Avenue. The homes are detached single-family houses.

$819KMedian sale · 12 mo
$236Sold $/sq ft
20dDays on market
2For sale now
$131KHH income
89.7%Owner-occupied

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

Explore Ravenna →
Map of Ravenna with neighborhood boundaryNeighborhood

Chesapeake houses for sale →

Value & historyComparables

Last list price vs. assessment115% of $541,600City assessment record · taxes $5,470/yr
Land share of assessed value34% · $185,000Improvements $356,600 · assessor record ✓
Price context: similar nearby homes$285,000 – $755,000The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for the last list price, not an appraisal or an estimate of this home's value.
821 Baydon LN · 2.2 mi · 2,337 sqft$570,000 sold 2026-03
813 Beckley LN · 2.2 mi · 2,280 sqft$593,000 sold 2026-07
904 Mustoe CT · 1.7 mi · 2,701 sqft$755,000 sold 2026-06

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

Sale & Tax History

List Price

$624,900

Price / Sq Ft

$265

Annual Taxes

$5,470

Monthly Tax

$456

HOA

None

Tax Rate (effective)

0.88%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 7, 2026$624,900—
Price reducedSep 11, 2026$624,900−$5,000
Off market—$624,900Last list price

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

15% above assessment

Total Assessed

$541,600

Land

$185,000

Improvement

$356,600

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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
509 Fair Oak Drthis home, last list price$624,90042.12,362$265
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions about this home

Is 509 Fair Oak Dr in a good school zone?
The assigned zones on the listing record are Butts Road Primary, Hickory Middle (VaHome School Score 9/10), Hickory (VaHome School Score 8.7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 509 Fair Oak Dr 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 509 Fair Oak Dr have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 509 Fair Oak Dr built?
It was built in 2004, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.

Off the marketSee what this home is worth now

This home is not listed for sale in the REIN MLS. The home value tool estimates a current value from recent nearby sales.

Homes for sale in Chesapeake

Listing courtesy of Eddie Gerardo-Ferrer · RE/MAX Allegiance · REIN MLS #10647918