Built in 2023, this modern home has it all. From the 2-story foyer, the great room awaits with cathedral ceilings and abundant natural light. The kitchen features quartz countertops, stainless energy-efficient appliances, 42-inch cabinets, and modern black fixtures. Just off the kitchen, you'll find the half bath and mudroom/ laundroom leading to the attached 2-car garage, complete with epoxy floors and storage racks. A prime first-floor primary suite features tray ceilings, a dual-vanity bath, a tiled shower, and a walk-in closet. Upstairs, you will find a versatile loft, open to the living room below, a full bath, and two additional bedrooms, each with its own walk-in closet. Completing the 2nd floor, a walk-in attic for a home office conversion. Enjoy top-tier community amenities including a pavilion, splash pad, dog park, playground, and walking trails, all conveniently located near Cahoon Parkway, schools, shopping, and major interstates for an easy commute.
Listing courtesy of Daniel Patton · Prodigy Realty · REIN MLS #10658549
Facts & features
TypeResidential
Year built2023
Price / sqft$208
Condo fee$142/mo
Taxes$4,612/yr
CountyChesapeake VA
MLS #10658549
Condo association includes
Ground MaintOtherPlaygrounds
$142/mo condo fee · per the REIN MLS listing record. Confirm inclusions with the association.
518 Eldridge Lane is a 2023-built, three-bedroom, two-and-a-half-bath home in Chesapeake, Virginia. At 2,216 square feet, it offers modern construction without the wait. Daily errands are steps away, and two military installations are within a short drive. There is a lot to like about this address.
Built in 2023, this home skips the quirks that come with older construction. You get current energy standards, modern finishes, and systems that are still under their original warranty cycle. The lot sits inside the 23323 zip code, a corner of Chesapeake that has grown quickly and now has real retail depth right outside the door. That combination of new build and walkable convenience is genuinely hard to find in this price corridor.
CARDINAL MEADOWS and the Chesapeake real estate market
Eldridge Lane sits in the western reaches of Chesapeake, a city that consistently ranks among the safest and most livable in Virginia. The streets here are newer, and the housing stock reflects it. You will find a mix of townhomes and single-family homes built mostly in the last decade, giving the area a cohesive, well-kept feel. Sidewalks connect the blocks, and the retail corridor along this stretch makes it easy to handle daily life without a long drive. Chesapeake itself spans from the Great Dismal Swamp to the Elizabeth River, and it carries a distinct identity — part suburb, part working waterfront city. Getting around is straightforward. Interstate 664 and Route 17 are both close, putting downtown Norfolk and the Virginia Beach Oceanfront within reasonable reach. Anyone browsing Chesapeake homes for sale will notice that the 23323 zip code has become one of the more active pockets in the city. The growth here is real, and Eldridge Lane sits right in the middle of it.
What's nearby
Walmart Supercenter is 0.1 miles away, which means a grocery run takes minutes. Publix Super Market at Dominion Station adds a second full-service option just 0.8 miles out. Dunkin' and KENSLEY'S Açaí & Café are both within a few blocks for morning coffee. Tap It Local brings a neighborhood restaurant feel just 0.2 miles away. Subway rounds out the quick-meal options right at the corner. For fitness, Ascend Bungee Fitness, Widespread Movement, and Tidewater Jiu-Jitsu Academy are all within 0.1 miles — an unusually dense cluster of workout options for one block.
For different buyers
Base commute and VA loan notes
USCG Finance Center Chesapeake is about 10 minutes away. Norfolk Naval Shipyard is roughly 15 minutes out. VA loan financing is common in this zip code, and a 2023 build means the home is in clean condition with no deferred maintenance to negotiate. That matters when a PCS timeline is tight.
For first-time buyers
A 2023 build means the big-ticket systems — roof, HVAC, water heater — are new. There is no immediate repair list to budget for. At 2,216 square feet, you get three bedrooms and two and a half baths with room to spread out. The location also puts grocery stores, coffee, and fitness options within a short walk, which keeps a car-dependent lifestyle optional.
More buyer questions
How far is 518 Eldridge Lane from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is about 15 minutes from 518 Eldridge Lane by car. The route via Route 17 and I-664 is straightforward with no toll crossings required.
What school zone does 518 Eldridge Lane fall in?
Anyone comparing homes for sale zoned for Grassfield High School or homes for sale zoned for Grassfield Elementary School will want to confirm current zoning directly with Chesapeake Public Schools, as boundaries can shift.
Is 518 Eldridge Lane in a flood zone?
Flood zone status for this address is covered in the FloodRisk tile on this page. Buyers should review that section and consult FEMA's flood map for the most current designation.
How old is the home at 518 Eldridge Lane?
The home was built in 2023, making it one of the newer builds in the area. Major systems and structural components are still within their early service life.
What zip code is 518 Eldridge Lane in?
518 Eldridge Lane is in the 23323 zip code. Buyers exploring homes for sale in 23323 will find this pocket of Chesapeake has seen steady development over the past several years.
Want to see 518 Eldridge Lane in person? Tom and Dariya Milan with LPT Realty are ready to set up a showing and answer every question you have.
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.
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.
Homes like this one sell fast — see the next one first
Chesapeake$390K – $530K3+ beds
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Military Commute
Drive times to nearest bases
🚢
USCG Finance Ctr
Coast Guard
12min·7.7mi
⚓
NNSY
Navy
17min·11.9mi
🚢
USCG Portsmouth
Coast Guard
15min·10.4mi
⚓
NMCP
Navy
19min·12.3mi
⚓
NW Annex
Navy
20min·13.3mi
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
11.9 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.
Grassfield is a neighborhood in Chesapeake, Virginia. It is known for its planned layout and tree-lined streets. The area has a mix of single-family homes.
$450KMedian sale · 12 mo
$211Sold $/sq ft
23dDays on market
3For sale now
$140KHH income
73.8%Owner-occupied
REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year
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
$2,905/mo
Principal & interest
$2,386
Property tax
$384
Home insurance
$134
PMI
None
HOA/Condo (paid separately)
$142
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 & historyComparables
Price context: similar nearby homes$490,000 – $644,900The 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.
417 Granada DR · 1.7 mi · 2,156 sqft$527,500 sold 2026-05
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.
22 days on market: read it in context
Days on market reflects pricing, season, and inventory. Compare it against similar nearby homes before reading anything into it.
CompareThis home next to what else is for sale nearby
Home
Price
Beds
Baths
Sqft
$ / sqft
518 Eldridge Lnthis home
$459,900
3
2.1
2,216
$208
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 buyers ask
Is 518 Eldridge Ln in a good school zone?
The assigned zones on the listing record are Cedar Road Elementary (VaHome School Score 8.6/10), Great Bridge Middle (VaHome School Score 9/10), Grassfield (VaHome School Score 9.1/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 518 Eldridge Ln 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 518 Eldridge Ln have a condo association?
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is NA. Association amenities on record include: Ground Maint, Other, Playgrounds.
When was 518 Eldridge Ln built?
It was built in 2023, per the listing record.
Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.
Tom & Dariya Milan | LPT Realty
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518 Eldridge Ln, Chesapeake, Virginia 23323 · MLS #10658549 · 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.