Investor Special in Etheridge Manor! This 3-bedroom, 2-bath ranch offers approximately 1,500 square feet of potential in one of Chesapeake's established neighborhoods. Built in 1982, the home features a brand-new roof (2025) and provides an excellent opportunity for investors, flippers, or buyers looking to renovate and build equity. Sold as-is, this property is ready for its next chapter. Bring your vision and transform this home into something special. Conveniently located near shopping, dining, schools, and major commuter routes
Listing courtesy of Kevin Gallagher · United Atlantic Realty · REIN MLS #10640090
532 Sunderland Terrace is a three-bedroom, two-bath home in Chesapeake's 23322 zip code, offering 1,434 square feet of single-family living built in 1982. It sits minutes from the USCG Finance Center and a short drive to Norfolk Naval Shipyard.
What sets 532 Sunderland Terrace apart is its position in one of Chesapeake's more established residential pockets — a mature neighborhood where lots have room to breathe and the pace of life slows down the moment you turn off the main road. At 1,434 square feet across three bedrooms and two baths, the layout is efficient without feeling cramped, and the 1982 construction era typically means solid bones, larger lot proportions, and real yard space that newer developments rarely offer.
ETHERIDGE MANOR and the Chesapeake real estate market
Chesapeake is one of the largest cities by land area on the entire East Coast, and the 23322 zip code sits in its more suburban southern corridor — a stretch defined by tree-lined streets, spacious lots, and neighborhoods that have had decades to settle into their character. If you've been searching homes for sale in chesapeake va 23323, you already know this part of the region draws buyers who want breathing room without sacrificing convenience. Sunderland Terrace fits that profile well. The surrounding area carries a quiet, established feel — not a brand-new subdivision, but a community where neighbors know each other and properties reflect genuine care over time. Chesapeake as a whole offers a lower-density lifestyle compared to Norfolk or Virginia Beach while still connecting you to the full Hampton Roads metro within a reasonable drive. City services, green space, and easy highway access all factor into why this corner of Virginia continues to attract buyers looking to put down roots.
What's nearby
Daily life is easy from Sunderland Terrace. Grocery runs, pharmacy stops, and casual dining are all within a short drive along the major corridors serving this part of Chesapeake. The area is well-served by retail and service businesses that handle the practical side of homeownership without requiring a long trip. For outdoor time, Chesapeake's parks system gives you options — whether that's a trail walk, open green space, or a weekend afternoon away from the house. Commuters heading toward the Norfolk Naval Shipyard have a straightforward 21-minute drive, and the USCG Finance Center is just 9 minutes away, making this location genuinely practical for active-duty households.
For different buyers
Base commute and VA loan notes
Nine minutes to the USCG Finance Center and 21 minutes to Norfolk Naval Shipyard — 532 Sunderland Terrace lands in a commute-friendly zone for Hampton Roads military households. A VA loan can make a three-bedroom, two-bath home like this one very accessible, and Chesapeake's lower cost of living compared to neighboring cities stretches that benefit further.
Room to grow
Three bedrooms, two full baths, and a real yard in an established Chesapeake neighborhood — this is the kind of home families move into when they're ready to trade apartment walls for a front door they own. The 1982 build era means mature landscaping, larger lot dimensions, and a neighborhood that already has its identity, which is exactly what upgrading buyers tend to be looking for.
More buyer questions
How far is 532 Sunderland Terrace from Norfolk Naval Shipyard?
The drive from 532 Sunderland Terrace to Norfolk Naval Shipyard is approximately 21 minutes under typical traffic conditions, making it a manageable daily commute for shipyard personnel.
How far is 532 Sunderland Terrace from the USCG Finance Center Chesapeake?
The USCG Finance Center is about 9 minutes from 532 Sunderland Terrace, placing it among the closest residential options to that installation in the area.
What is the square footage and layout of 532 Sunderland Terrace?
The home offers 1,434 square feet of living space configured as three bedrooms and two full bathrooms, a layout well-suited to small families, couples, or anyone wanting a dedicated guest room or home office.
Is 532 Sunderland Terrace in a flood zone?
Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
What year was 532 Sunderland Terrace built and what does that mean for buyers?
The home was built in 1982, which typically means a more established lot size and mature landscaping compared to newer construction — buyers often find that mid-1980s homes in Chesapeake offer sturdier structural characteristics and more generous yard dimensions than modern subdivisions.
Ready to walk through 532 Sunderland Terrace? 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 · 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$250K – $345K3+ beds
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Military Commute
Drive times to nearest bases
🚢
USCG Finance Ctr
Coast Guard
12min·6.7mi
⚓
NW Annex
Navy
20min·13.9mi
⚓
NNSY
Navy
25min·15mi
🚢
USCG Portsmouth
Coast Guard
22min·13.5mi
⚓
NMCP
Navy
27min·15.3mi
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
21.4 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.
Brandermill is a long-settled Chesapeake neighborhood. It is known for quiet streets, mature trees, and well-kept yards. Shops and places to eat are close by.
$525KMedian sale · 12 mo
$257Sold $/sq ft
16dDays on market
0For sale now
$144KHH income
92.7%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
$1,932/mo
Principal & interest
$1,539
Property tax
$306
Home insurance
$87
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 & historyComparables
Price context: similar nearby homes$385,000 – $512,400The 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.
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.
CompareThis home next to what else is for sale nearby
Home
Price
Beds
Baths
Sqft
$ / sqft
532 Sunderland Terthis home
$296,650
3
2
1,434
$207
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 532 Sunderland Ter in a good school zone?
The assigned zones on the listing record are Butts Road Primary, Hickory Middle (VaHome School Score 9/10), Hickory (VaHome School Score 8.7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 532 Sunderland Ter 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.
Is there a gym near 532 Sunderland Ter?
Yes — CoreForge Pilates is about 0.7 miles away, per the cached nearby-places record for this address.
Are there parks near 532 Sunderland Ter?
Etheridge Lakes Park is about 1 miles away.
Where is the nearest grocery store to 532 Sunderland Ter?
Harris Teeter is about 1 miles away. The closest dining on record is 7-Eleven (0.8 mi).
Does 532 Sunderland Ter have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 532 Sunderland Ter built?
It was built in 1982, per the listing record.
Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.
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Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.
Listing courtesy of Kevin Gallagher · United Atlantic Realty · REIN MLS #10640090
532 Sunderland Ter, Chesapeake, Virginia 23322 · MLS #10640090 · 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.
