Skip to main content
ChesapeakeKING JAMES COLONY524 Margaret Dr✓ Source: REIN MLS #10639646 · record updated Jun 29, 2026 · synced every 2 min · your inquiry is never resold
524 Margaret DR, CHESAPEAKE VA 23322 - Main photo
524 Margaret DR, CHESAPEAKE VA 23322 - Photo 2
524 Margaret DR, CHESAPEAKE VA 23322 - Photo 3
524 Margaret DR, CHESAPEAKE VA 23322 - Photo 4
524 Margaret DR, CHESAPEAKE VA 23322 - Photo 5
$600,000
$289 / sqft · est. $3,688/mo →
4beds
2.1baths
2,075sqft
6days on market

524 Margaret Dr, Chesapeake, VA 23322

Under ContractResidential · built 1977 · KING JAMES COLONY

About this home

The listing, in the seller's words

Spacious brick ranch on 4.75 acres in Chesapeake! This well-maintained home offers 3 bedrooms plus a FROG, 2.5 baths, formal living and dining rooms, a cozy den with a wood-burning fireplace, an eat-in kitchen with a large pantry, and an expansive sunroom overlooking the property. Additional features include replacement windows, a whole-house generator, and a water softener. Enjoy the freedom of country living with horses allowed and access to the bridle path behind the property. Outside, you'll find a 2-car attached garage, storage shed, and an impressive 720 SF detached garage/workshop ideal for hobbies, equipment, or extra storage. Experience the privacy and space of acreage living while remaining conveniently located near Chesapeake's shopping, dining, and everyday amenities.

Listing courtesy of Jacey Anderson · RE/MAX Alliance · REIN MLS #10639646

VaHome team overview

Our read on this home

At a glance

524 Margaret Drive is a four-bedroom, 2.1-bath single-family home in Chesapeake, Virginia, offering 2,075 square feet of living space built in 1977. It sits in a quiet residential setting with quick access to two military installations and everyday conveniences throughout the city.

Read the full overview ↓

Why this home stands out

What sets 524 Margaret Drive apart is the combination of generous square footage — 2,075 feet across four bedrooms — and a half-bath that keeps the main living areas practical for busy households. Built in 1977, the home carries the solid construction hallmarks of that era: established lot, mature surroundings, and a layout that separates living and sleeping spaces in a way newer builds rarely replicate at this size.

KING JAMES COLONY and the Chesapeake real estate market

Margaret Drive sits in the southern reaches of Chesapeake, a city that consistently ranks among the most livable in Virginia for its low density, expansive green space, and family-oriented neighborhoods. The street itself has the feel of a settled, mature community — wide lots, established trees, and neighbors who tend to stay. Chesapeake is one of the largest cities by land area on the East Coast, which means you get breathing room that's genuinely rare this close to the coast. If you've been searching for sale chesapeake options that trade urban congestion for elbow room without sacrificing access to jobs, bases, and retail, this part of the city consistently delivers. The Great Dismal Swamp National Wildlife Refuge lies to the west, and the broader Chesapeake landscape blends suburban comfort with natural character. City services, newer road infrastructure, and a growing commercial corridor along Battlefield Boulevard make daily logistics straightforward from this address.

What's nearby

Grocery runs are easy with a Food Lion and Walmart Supercenter both within a few miles along Battlefield Boulevard. For coffee, a Starbucks and a Dunkin' are each reachable in under ten minutes. Northwest River Park — a 763-acre preserve with trails, camping, and kayak launches — is roughly a 15-minute drive south and makes weekends genuinely interesting. Pharmacies including CVS and Walgreens are close by, and a solid mix of casual dining options lines the Battlefield corridor. The Chesapeake Expressway provides a direct route toward the Outer Banks when a beach day calls.

For different buyers

For military families relocating

USCG Finance Center Chesapeake is just 17 minutes away, and NAS Oceana is reachable in 21 minutes — making 524 Margaret Drive a practical anchor point for dual-service households or anyone weighing BAH against a long-term purchase. A VA loan can make the math work especially well here, and four bedrooms give you the flexibility to grow into the space rather than outgrow it quickly.

For families upgrading

Four bedrooms and 2,075 square feet give a growing family genuine room to spread out — dedicated space for a home office, a guest room, or a playroom without anyone feeling crowded. The 1977 build sits on an established lot with mature landscaping that newer subdivisions simply can't offer. If you're browsing chesapeake city houses for sale and want a home with real yard character and interior flexibility, Margaret Drive is worth a close look.

More buyer questions

How far is 524 Margaret Drive from USCG Finance Center Chesapeake?

The drive is approximately 17 minutes under normal traffic conditions, making it one of the more convenient residential options for personnel assigned to that installation.

How far is 524 Margaret Drive from NAS Oceana?

NAS Oceana is about 21 minutes away, a manageable commute that also opens up access to Virginia Beach's commercial and recreational corridors.

What is the flood zone status for 524 Margaret Drive?

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.

Is there an HOA at 524 Margaret Drive?

Based on available property data, this address does not appear to be governed by a mandatory homeowners association, though you should confirm current status during the due-diligence period.

What are the lot and structural highlights of 524 Margaret Drive?

The property is a single-family residential home built in 1977, offering 2,075 square feet, four bedrooms, and 2.1 bathrooms on an established lot in Chesapeake, Virginia 23322.

Ready to walk through 524 Margaret Drive? Tom and Dariya Milan at LPT Realty know this part of Chesapeake well — reach out and let's set up a visit.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1977

Price / sqft

$289

HOA

None

Taxes

$4,800/yr

County

Chesapeake VA

Waterfront

Yes

MLS #

10639646

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,075
Stories
1
Flooring
Carpet, Ceramic, Marble, Vinyl
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
10
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Breakfast Area, Fin. Rm Over Gar, Foyer, PBR with Bath, Pantry, Porch, Utility Room
Appliances
Dishwasher, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
Equipment
Backup Generator, Cable Hookup, Ceiling Fan, Gar Door Opener, Water Softener

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

Heating
Heat Pump, Propane Gas
Cooling
Heat Pump
Water heater
Electric
Water
Well
Sewer
Septic

Lot, parking & ownership

Subdivision
KING JAMES COLONY
Zoning
A1
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Garage Det 2 Car, Oversized Gar, Driveway Spc
Possession
CLOSING
Miscellaneous
Fuel In Tank Conveys
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

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 C

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

Schoolhouse Crossing

School House Crossing is an established single-family neighborhood in the Hickory section of southern Chesapeake, located along School House Road within the 23322 ZIP code, northeast of the North Etheridge and Etheridge Lakes areas.

2

For sale now

$131K

HH income

89.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Schoolhouse Crossing
Map of Schoolhouse Crossing with neighborhood boundaryNeighborhood

houses for sale in Chesapeake

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

$3,688/mo

Principal & interest

$3,113

Property tax

$400

Home insurance

$175

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.

Value & history

Judge value on real ground

Asking vs. assessment

115% of $523,900

City assessment record · taxes $4,800/yr

Land share of assessed value

48% — $250,000

Improvements $273,900 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$555,000$700,000

The 3 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 1 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

2410 Mount Pleasant RD · 2.3 mi · 2,006 sqft$555,000 sold 2026-02
2420 Mount Pleasant RD · 2.2 mi · 2,000 sqft$578,900 active
1924 Land Of Promise RD · 2.8 mi · 2,000 sqft$700,000 new listing

Sale & Tax History

List Price

$600,000

Price / Sq Ft

$289

Annual Taxes

$4,800

Monthly Tax

$400

HOA

None

Tax Rate (effective)

0.80%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 23, 2026$600,000
Currently listed$600,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

15% above assessment

Total Assessed

$523,900

Land

$250,000

Improvement

$273,900

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.

Questions buyers ask

Real questions, answered from the record

Is 524 Margaret Dr in a good school zone?+
The assigned zones on the listing record are Southeastern Elementary (GreatSchools 6/10), Hickory Middle (GreatSchools 9/10), Hickory (GreatSchools 9/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 524 Margaret 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 524 Margaret Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 524 Margaret Dr built?+
It was built in 1977, 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

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Jacey Anderson · RE/MAX Alliance · REIN MLS #10639646

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.

524 Margaret Dr, Chesapeake — photo

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

Call or text (757) 777-7577

524 Margaret Dr, Chesapeake, Virginia 23322 · MLS #10639646 · 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.