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Chesapeake › STRATFORD TERRACE › 509 Fair Oak Dr✓ Source: REIN MLS #10647918 · record updated Sep 19, 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
43days 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

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.

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

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.

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 (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

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\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 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 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.

$819K

Median sale · 12 mo

$236

Sold $/sq ft

20d

Days on market

2

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.

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 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

43 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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