13 days on market
$1,295,000
516 Peaceful Rd
Chesapeake, Virginia 23322
MLS# 10633675 · CAROON FARMS · Chesapeake VA
Updated 6 hours ago · Source: REIN MLS
Est. payment
$7,753/mo
Edit below
Price / sq ft
$295
4,387 sq ft
Days on market
13
New listing
HOA
None
Year built
1984
42 yrs old
Beds
5
Full Baths
4
Half Baths
2
Sq Ft
4,387
Garage
Yes
Schools
- ElementarySouthwestern Elementary School8/10
- MiddleHickory Middle School7/10
- 9/10
Info provided by GreatSchools
About this home
Tucked away on 3 private acres, this stunning brick estate blends timeless colonial elegance with thoughtful modern updates. The beautifully appointed kitchen features granite countertops, stainless steel appliances, & flows seamlessly into multiple spacious dining & living areas. A separate in-law suite offers flexibility for guests or extended family. Outside, enjoy your own private retreat with a large in-ground p…
Listed by Becky Gordon · BHHS RW Towne Realty
VaHome Team property overview
Meet 516 Peaceful RD — a five-bedroom, four-full-and-two-half-bath home on three private acres in Chesapeake's CAROON FARMS neighborhood. At 4,387 square feet and built in 1984, this is the kind of property where space, both inside and out, defines everyday life.
Read full property overview ↓Show less ↑
Why this home stands out
Three acres inside city limits is genuinely rare, and CAROON FARMS delivers exactly that. This 4,387-square-foot home gives you five bedrooms and six bathrooms spread across a floor plan that can flex for large families, multi-generational living, or simply the luxury of room to breathe. The 1984 build era means solid construction bones paired with decades of potential for personalization — a combination that's hard to replicate in newer, tighter subdivisions.
CAROON FARMS and the Chesapeake real estate market
CAROON FARMS sits in the southern reaches of Chesapeake, Virginia — a city that consistently ranks among the most livable in the Mid-Atlantic for its blend of suburban calm and genuine convenience. The neighborhood itself is characterized by generous lot sizes, mature tree lines, and a pace that feels distinctly unhurried without sacrificing access to anything you need. Streets here are quiet by design, and three-acre parcels give neighbors natural separation that denser communities simply can't offer. If you've been browsing real estate listings in chesapeake va and wondering where the larger, more private properties hide, this corner of the city is your answer. Chesapeake's infrastructure — roads, utilities, parks, and retail corridors — has grown steadily around neighborhoods like CAROON FARMS, meaning you get the feel of country-style acreage with city-level access just minutes away. The surrounding area skews toward established, owner-occupied households, which lends the whole corridor a stable, rooted quality.
What's nearby
Daily errands are easier than the wooded setting might suggest. Target Grocery is just one mile away, and a Starbucks Coffee Company sits at the same distance for your morning routine. When it's time to eat out, you're spoiled for choice within a single mile: The Barrel Room brings a relaxed, upscale vibe; Perfectly Frank keeps things casual and quick; and Baba's Pizzeria covers the nights when only a great slice will do. All three restaurants are under a mile from the front door, which means weeknight dinners out are genuinely low-effort. This cluster of everyday amenities along a nearby corridor makes the three-acre seclusion feel like a choice rather than a trade-off.
For different buyers
For military families relocating
USCG Finance Center Chesapeake is roughly 12 minutes away, and Norfolk Naval Shipyard is reachable in about 23 minutes — both well within a practical daily commute. A five-bedroom footprint accommodates growing families through multiple PCS cycles without feeling cramped, and VA loan eligibility can make a property at this scale more accessible than you might expect. BAH rates in the Chesapeake area have historically aligned well with larger single-family homes.
For families upgrading
If your current home has you counting square footage and sharing bathrooms, 516 Peaceful RD resets the equation entirely. Five bedrooms and four full baths across 4,387 square feet means everyone — kids, guests, a home office, a playroom — gets their own space. The three-acre lot adds the outdoor dimension that growing families consistently say they wish they'd prioritized sooner. This is the upgrade that stops the search.
Frequently asked questions
How far is 516 Peaceful RD from USCG Finance Center Chesapeake?
The USCG Finance Center Chesapeake is approximately 12 minutes from 516 Peaceful RD under typical traffic conditions. That's a comfortable, low-stress daily commute by Chesapeake standards.
How far is 516 Peaceful RD from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is roughly 23 minutes from the property, making it a feasible commute for personnel stationed there, particularly when factoring in Chesapeake's generally manageable traffic patterns.
What is the lot size at 516 Peaceful RD?
The property sits on three acres, which is notably generous for a residential parcel within Chesapeake city limits and is one of the defining characteristics of the CAROON FARMS neighborhood.
Is 516 Peaceful RD in a flood zone?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.
Are there restaurants and grocery stores close to 516 Peaceful RD?
Yes — Target Grocery, Starbucks Coffee Company, The Barrel Room, Perfectly Frank, and Baba's Pizzeria are all within one mile of the property, making everyday errands and dining out genuinely convenient despite the neighborhood's spacious, private feel.
Want to walk the three acres or explore the floor plan in person? Tom and Dariya Milan at LPT Realty know CAROON FARMS well — reach out and let's set something up.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
516 Peaceful RD, Chesapeake
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
5
Full Baths
4
Half Baths
2
Approx Sq Ft
4,387
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$1,295,000
Price / Sq Ft
$295
Annual Taxes
$7,871
Monthly Tax
$656
HOA
None
Tax Rate (effective)
0.61%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 7, 2026 | $1,295,000 | — |
| Currently listed | — | $1,295,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 20, 2026.
Total Assessed
$1,179,800
Land
$250,000
Improvement
$929,800
Parcel ID: 0733002000070
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:
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.
About buying in Chesapeake
Chesapeake is Virginia's second-largest city by area and offers a mix of suburban subdivisions, rural acreage, and waterfront properties along the Intracoastal Waterway. Western Branch, Greenbrier, and Great Bridge are among the most sought-after neighborhoods, with top-rated public schools and easy access to I-64 and the Chesapeake Expressway. The city is known for lower property taxes and larger lot sizes compared to neighboring Virginia Beach and Norfolk, which makes it especially attractive to families looking for more space.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$7,753/moPrincipal & interest
$6,719
Property tax
$656
Home insurance
$378
PMI
None
HOA
None
Estimate only. 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.
Listed by BHHS RW Towne Realty · MLS# 10633675
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,295,000
516 Peaceful RD, CHESAPEAKE VA 23322
Chesapeake, Virginia 23322
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