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Chesapeake › STRATFORD TERRACE › 509 Fair Oak Dr✓ Source: REIN MLS #10647918 · record updated Sep 14, 2026 · synced every 2 min · your inquiry is never resold
509 Fair Oak DR, CHESAPEAKE VA 23322 - Main photo
509 Fair Oak DR, CHESAPEAKE VA 23322 - Photo 2
509 Fair Oak DR, CHESAPEAKE VA 23322 - Photo 3
509 Fair Oak DR, CHESAPEAKE VA 23322 - Photo 4
509 Fair Oak DR, CHESAPEAKE VA 23322 - Photo 5
4beds
2.1baths
2,362sqft
38days on market

509 Fair Oak Dr, Chesapeake, VA 23322

ActiveResidential · built 2004 · STRATFORD TERRACE

Facts & features

Type

Residential

Year built

2004

Price / sqft

$265

HOA

None

Taxes

$5,470/yr

County

Chesapeake 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 · null fields are suppressed, never faked

About 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

Tom & Dariya's overview

Our read on this home

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

At a glance

509 Fair Oak Drive is a 2,362-square-foot, four-bedroom home in Chesapeake, Virginia, built in 2004. With 2.1 baths and a layout designed for real daily life, it sits in the 23322 zip code — one of the more practical and well-connected corners of the city.

Keep searching in Chesapeake

See all Chesapeake homes for sale, including homes for sale in 23322 and homes for sale zoned for Hickory High School. Browse every listing among homes for sale in Chesapeake — updated from the REIN MLS every few minutes. Nearby, look at Ravenna 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 509 Fair Oak Drive apart is the combination of generous square footage, a sensible floor plan, and a location that keeps you close to everything without the noise of a main road. At 2,362 square feet across four bedrooms, there's room to grow into rather than out of. The 2004 build year means you're working with modern construction standards — solid bones without the quirks of an older home — and the half bath adds that everyday convenience that households genuinely notice.

STRATFORD TERRACE and the Chesapeake real estate market

Chesapeake is one of the largest cities by land area in the entire country, and the 23322 zip code sits in its southwestern Hickory corridor — a part of town that feels suburban without feeling remote. Streets here tend to be quiet and residential, with mature tree lines and a mix of families who've been here for years alongside newer arrivals drawn by the value and the schools. Fair Oak Drive fits that mold: a neighborhood street with a genuine community feel. Chesapeake as a whole offers a slower pace than Virginia Beach or Norfolk while still putting you within a reasonable drive of the waterfront, the Outer Banks, and the full Hampton Roads metro. If you're weighing Chesapeake homes for sale, the Hickory area specifically rewards buyers who want space, stability, and manageable commutes — without sacrificing access to city amenities.

What's nearby

Everyday errands are genuinely easy from Fair Oak Drive. Food Lion sits just 0.8 miles away for grocery runs, and Chicho's Pizza Hickory — a local favorite — is at the same distance when you'd rather skip cooking. Hardee's and McDonald's are both under a mile for quick mornings, and if you want something with a little more character, Hotrodders Cafe is a nearby coffee stop worth knowing. Universal Fitness is 1.0 mile out, which makes keeping a workout routine realistic. The cluster of options within a mile means most daily needs don't require getting on a major road.

For different buyers

For military families relocating

USCG Finance Center Chesapeake is just nine minutes away, and Norfolk Naval Shipyard is a manageable 21-minute drive — making 509 Fair Oak Drive a practical choice for active-duty households. A VA loan can make this four-bedroom home even more accessible, and the 23322 zip code keeps commutes predictable across multiple duty stations in the Hampton Roads area.

For families upgrading

Four bedrooms and 2,362 square feet give a growing family real room to breathe — dedicated space for a home office, a guest room, or a playroom without anyone feeling crowded. Families comparing homes for sale zoned for Hickory High School will find Fair Oak Drive lands squarely in that zone, and the quiet residential street adds the kind of everyday calm that matters when life is already busy.

More buyer questions

How far is 509 Fair Oak Drive from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately 21 minutes from 509 Fair Oak Drive under typical traffic conditions. The route is straightforward and avoids most of the congestion that affects other parts of Hampton Roads.

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

The USCG Finance Center Chesapeake is about nine minutes from the property — one of the shorter base commutes you'll find among homes for sale in Chesapeake. It's a meaningful advantage for Coast Guard households stationed there.

What zip code is 509 Fair Oak Drive in?

The property is in zip code 23322, which covers the Hickory corridor of southwestern Chesapeake. It's a well-established residential zip with consistent demand among buyers looking at homes for sale in 23322.

Is there an HOA at 509 Fair Oak Drive?

HOA status for this address should be confirmed through current disclosure documents, as it can change between ownership cycles. Your agent can pull the most current information before you make any decisions.

What is the flood zone status of 509 Fair Oak Drive?

Flood zone designation for this property is displayed in the dedicated FloodRisk tile on this page, which pulls from current FEMA mapping. It's worth reviewing before finalizing any offer.

Ready to get a closer look at 509 Fair Oak Drive? Tom and Dariya Milan know the Chesapeake market well — reach out and they'll walk you through everything you need to make a confident decision.

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

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

Chesapeake$530K – $720K4+ 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 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 neighborhood

Ravenna

Ravenna is a residential community in the Hickory area of southern Chesapeake, Virginia, set near the intersection of Mount Pleasant Road and Elmhurst Avenue.

$819K

Median sale · 12 mo

$236

Sold $/sq ft

20d

Days on market

1

For sale now

$131K

HH 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 →

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

$3,881/mo

Principal & interest

$3,242

Property tax

$456

Home insurance

$182

PMI

None

HOA/Condo (paid separately)

None

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

115% of $541,600

City assessment record · taxes $5,470/yr

Land share of assessed value

34% — $185,000

Improvements $356,600 · assessor record ✓

Price context — similar nearby homes

$285,000 – $755,000

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.

812 Dolph CIR · 1.5 mi · 2,250 sqft$535,000 sold 2026-04
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

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 8, 2026$624,900—
Price reducedSep 11, 2026$624,900−$5,000
Currently listed—$624,900—

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.

Market tempo

38 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 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 9.2/10), Hickory (VaHome School Score 8.8/10). 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.

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

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.

509 Fair Oak Dr, Chesapeake — photo

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

Call or text (757) 777-7577

509 Fair Oak Dr, Chesapeake, Virginia 23322 · MLS #10647918 · 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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