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Chesapeake › KING JAMES COLONY › 537 Margaret Dr✓ Source: REIN MLS #10643086 · record updated Aug 31, 2026 · synced every 2 min · your inquiry is never resold
537 Margaret DR, CHESAPEAKE VA 23322 - Main photo
537 Margaret DR, CHESAPEAKE VA 23322 - Photo 2
537 Margaret DR, CHESAPEAKE VA 23322 - Photo 3
537 Margaret DR, CHESAPEAKE VA 23322 - Photo 4
537 Margaret DR, CHESAPEAKE VA 23322 - Photo 5
7beds
4baths
3,786sqft
55days on market

537 Margaret Dr, Chesapeake, VA 23322

ActiveResidential · built 1976 · KING JAMES COLONY

Facts & features

Type

Residential

Year built

1976

Price / sqft

$234

HOA

None

Taxes

$8,008/yr

County

Chesapeake VA

MLS #

10643086

Interior

Bedrooms
7
Full baths
4
Approx. sqft
3,786
Stories
2
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
3
First-floor bed & full bath
Yes
Total rooms
13
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Fin. Rm Over Gar, Foyer, PBR with Bath, Porch, Utility Room
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool

Utilities & systems

Heating
Forced Hot Air, Heat Pump
Cooling
Central Air, Heat Pump
Water heater
Electric
Water
Well
Sewer
Septic

Lot, parking & ownership

Subdivision
KING JAMES COLONY
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Multi Car, Driveway Spc
Possession
CLOSING
Miscellaneous
Rehabilitated
Disclosures
Disclosure Statement, Related to Seller

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

About this home

Welcome home! This beautifully updated 7 bedroom and 4 full bath property offers over 3 acres of land and ample parking. First floor primary suite features a fireplace and upgraded bathroom with sleek tile. The kitchen boasts a large island, all new countertops, stainless steel appliances, and tile backsplash. Two upstairs bedrooms include full baths and walk-in closets. Open layout with recessed ceiling lighting, two fireplaces, and two sets of sliding glass doors lead to a spacious backyard. Schedule your showing today!

Listing courtesy of Reagan Feuerhahn · Prodigy Realty · REIN MLS #10643086

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

537 Margaret Drive is a seven-bedroom, four-bath home in Chesapeake, Virginia — one of the larger footprints you'll find in the 23322 zip code. At 3,786 square feet on a property built in 1976, it offers serious room to spread out in a city known for quiet streets and easy access to Hampton Roads.

Keep searching in Chesapeake

See all Chesapeake homes for sale, including homes for sale in 23322, homes for sale zoned for Hickory High School, and homes for sale zoned for Southeastern Elementary 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

Seven bedrooms is genuinely rare in this part of Chesapeake, and that's the headline here. Whether you need dedicated home-office space, room for extended family, or simply want bedrooms that don't double as storage closets, 537 Margaret Drive delivers square footage that most homes in the area can't match. Four full baths keep morning routines from becoming a negotiation, and the 1976 construction era means solid bones with room to put your own stamp on finishes.

KING JAMES COLONY and the Chesapeake real estate market

Margaret Drive sits in the southern reaches of Chesapeake — a city that consistently draws families who want suburban breathing room without sacrificing access to the broader Hampton Roads metro. This part of the 23322 zip code is characterized by established tree-lined streets, generous lot sizes, and a pace of life that feels intentionally unhurried. Neighbors tend to stay for years, which gives the area a settled, community-oriented feel that newer developments rarely replicate. Chesapeake itself is Virginia's third-largest city by land area, so you're never far from parks, waterways, or retail corridors — yet the residential pockets near Margaret Drive hold onto their quiet character. If you're comparing homes for sale in 23322, this address lands in one of the more spacious and mature corners of the zip code, where the canopy trees are already grown and the sidewalks see actual foot traffic.

What's nearby

Daily errands are straightforward from Margaret Drive. Grocery options, pharmacies, and big-box retail along Battlefield Boulevard are within a short drive, and the corridor handles most household needs in a single trip. Greenbrier Mall sits roughly fifteen minutes north for broader shopping. Outdoor options include the trails and open space at Northwest River Park, one of Chesapeake's most popular natural areas. Local coffee shops and casual dining spots dot the nearby commercial strips, so you're not driving far for a weekday lunch or a Saturday morning coffee run. The overall layout of this part of Chesapeake rewards drivers while keeping daily life genuinely convenient.

For different buyers

For military families relocating

USCG Finance Center Chesapeake is about seventeen minutes away, and NAS Oceana sits roughly twenty-one minutes out — both well within a comfortable commute window. Seven bedrooms means you have real flexibility for a home office, a guest room for visiting family, or a dedicated space for remote schooling during deployments. A VA loan can stretch further on a home this size, and Chesapeake's cost of living makes the math work in your favor.

For families upgrading

If your current home has everyone sharing walls and fighting for bathroom time, 537 Margaret Drive is the answer. Seven bedrooms and four full baths across 3,786 square feet means every family member gets genuine personal space — and you still have rooms left over. Families comparing homes for sale zoned for Hickory High School and homes for sale zoned for Southeastern Elementary School will find this address lands in that attendance zone, adding long-term planning value to an already compelling footprint.

More buyer questions

How far is 537 Margaret Drive from USCG Finance Center Chesapeake?

The drive typically runs about seventeen minutes under normal traffic conditions, making it a practical daily commute for personnel stationed there.

How far is 537 Margaret Drive from NAS Oceana?

NAS Oceana is approximately twenty-one minutes away, a manageable commute for service members and civilian employees at the base.

What zip code is 537 Margaret Drive in?

The property falls in the 23322 zip code, one of Chesapeake's more established southern zip codes with a mix of spacious residential streets and convenient retail access.

Is 537 Margaret Drive in a flood zone?

Flood zone status for this address is detailed in the FloodRisk tile on this page — check that section for the most current FEMA designation and what it means for insurance.

Does 537 Margaret Drive have an HOA?

HOA status for this property is noted in the listing details — confirm with your agent whether a homeowners association applies and what any governing documents cover.

Tom and Dariya Milan at LPT Realty know Chesapeake homes for sale inside and out — reach out to get a full picture of what 537 Margaret Drive looks like for your specific situation.

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

Homes like this one sell fast — see the next one first

Chesapeake$750K – $1M7+ beds

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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

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

Ravenna

Ravenna is a residential community in the Hickory area of southern Chesapeake, Virginia, set near the intersection of Mount Pleasant Road and Elmhurst Avenue.

$819K

Median sale · 12 mo

$236

Sold $/sq ft

20d

Days on market

1

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 homes 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

$5,518/mo

Principal & interest

$4,592

Property tax

$667

Home insurance

$258

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

Price context — similar nearby homes

$3,000 – $1,200,000

The 5 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 2 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

715 Paula DR · 0.5 mi · 3,238 sqft$771,000 sold 2026-05
1336 Blackwater RD · 0.5 mi · 3,260 sqft$550,000 active
2008 Pocaty Creek LN · 2.4 mi · 4,000 sqft$925,000 active

Own a home nearby? See what it is worth today — What's your Chesapeake home worth?

Sale & Tax History

List Price

$885,000

Price / Sq Ft

$234

Annual Taxes

$8,008

Monthly Tax

$667

HOA

None

Tax Rate (effective)

0.90%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 7, 2026$885,000—
Price reducedAug 31, 2026$885,000−$5,000
Currently listed—$885,000—

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

55 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 537 Margaret Dr in a good school zone?+
The assigned zones on the listing record are Southeastern Elementary (VaHome School Score 7.2/10), 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 537 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 537 Margaret Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 537 Margaret Dr built?+
It was built in 1976, 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 Reagan Feuerhahn · Prodigy Realty · REIN MLS #10643086

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.

537 Margaret Dr, Chesapeake — photo

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

Call or text (757) 777-7577

537 Margaret Dr, Chesapeake, Virginia 23322 · MLS #10643086 · 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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