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Chesapeake › KING JAMES COLONY › 537 Margaret Dr✓ Source: REIN MLS #10643086 · record updated Sep 18, 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
73days on market

537 Margaret Dr, Chesapeake, VA 23322

ActiveResidential · built 1976 · KING JAMES COLONY

Facts & features

Type

Residential

Year built

1976

Price / sqft

$232

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

Seven bedrooms and four bathrooms across 3,786 square feet give you substantial room to spread out. Built in 1976, this Chesapeake home sits on a generous lot with solid bones. About 17 minutes to USCG Finance Center Chesapeake and 21 minutes to NAS Oceana, it's well-positioned for base commuters.

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 Butts Station 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

The layout here is thoughtfully designed with seven distinct bedrooms—enough for a home office, guest quarters, or hobby space alongside sleeping areas. Four full bathrooms mean mornings run smoothly. You'll find the kind of square footage and room count that anchors homes for sale in 23322, paired with a 1970s structure that's proven its durability over decades.

KING JAMES COLONY and the Chesapeake real estate market

Chesapeake is Virginia's largest city by land area, a blend of suburban neighborhoods, open countryside, and waterfront communities. The streets here feel established and quiet, with mature trees and properties that reflect the area's steady residential character. You're in a zone where homes for sale in Chesapeake tend to offer more land and breathing room than you'd find closer to the urban core. Getting around is straightforward—major roads like Route 17 and Route 168 connect you to shopping, dining, and services throughout the city. The military presence shapes much of the region's rhythm, with NAS Oceana and other installations nearby. Schools and parks are woven into the fabric of daily life. Chesapeake itself is a place where you can enjoy suburban comfort without feeling hemmed in.

What's nearby

Route 17 runs nearby with easy access to grocery stores, pharmacies, and casual dining. Several parks within a short drive offer playgrounds, walking trails, and open green space for weekend outings. Shopping centers and big-box retailers are about 10 minutes away. The Intracoastal Waterway and local boat ramps put water recreation within reach for anyone interested. Medical facilities and urgent care are scattered throughout Chesapeake, typically 5–10 minutes away by car.

For different buyers

Base commute and VA loan notes

About 17 minutes to USCG Finance Center Chesapeake and 21 minutes to NAS Oceana puts this address in a practical commute range for active-duty and civilian personnel. VA loan financing is common in this area, and the seven-bedroom layout means you can move in without an immediate need to expand. The established neighborhood and solid square footage make it a straightforward transition.

Room to grow

Seven bedrooms give you the flexibility to grow into the space—master suite, multiple guest rooms, a dedicated office, or hobby areas all fit comfortably. Four bathrooms ease the morning routine and reduce bottlenecks. The 3,786 square feet and generous lot provide room to add storage, expand outdoor living, or simply enjoy elbow room that smaller homes can't match.

More buyer questions

How far is 537 Margaret Drive from NAS Oceana?

About 21 minutes by car, depending on traffic and your exact route. It's a reasonable commute for active-duty and civilian personnel stationed there.

What schools are zoned for this address?

This address falls within the attendance zones for homes for sale zoned for Hickory High School and homes for sale zoned for Southeastern Elementary School. Check the Chesapeake Public Schools website for current zone assignments and school details.

Is there a garage or covered parking?

The property includes garage space typical of 1970s construction in this area. Exact configuration and condition should be verified during a property tour.

What is the lot size at this address?

The property sits on a generous lot that reflects the more spacious character of Chesapeake neighborhoods. Exact acreage and dimensions are available through the listing details or a survey.

Are there HOA fees or deed restrictions?

Chesapeake has neighborhoods with and without HOAs. Confirm the specific HOA status and any covenants for this address before making an offer.

Ready to explore this seven-bedroom Chesapeake home? Reach out to discuss a tour, financing options, or any questions about the neighborhood and commute.

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

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

Chesapeake$745K – $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

Butts Station

Butts Station is an area near Greenbrier in northeastern Chesapeake. It runs along Butts Station Road toward Kempsville Road, in ZIP 23320. The name comes from a historic rail stop on the line to Norfolk.

$326K

Median sale · 12 mo

$216

Sold $/sq ft

18d

Days on market

1

For sale now

$132K

HH income

86.1%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Butts Station →
Map of Butts Station 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

$5,490/mo

Principal & interest

$4,566

Property tax

$667

Home insurance

$257

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

$550,000 – $1,200,000

The 4 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 under contract
2008 Pocaty Creek LN · 2.4 mi · 4,000 sqft$889,500 active

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

Sale & Tax History

List Price

$880,000

Price / Sq Ft

$232

Annual Taxes

$8,008

Monthly Tax

$667

HOA

None

Tax Rate (effective)

0.91%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 7, 2026$880,000—
Price reducedSep 17, 2026$880,000−$5,000
Currently listed—$880,000—

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

73 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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