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Chesapeake › FERNWOOD SHORES › 540 Fernwood Farms Rd✓ Source: REIN MLS #10656859 · record updated Oct 7, 2026 · synced every 2 min · your inquiry is never resold
540 Fernwood Farms RD, CHESAPEAKE VA 23320 - Main photo
540 Fernwood Farms RD, CHESAPEAKE VA 23320 - Photo 2
2beds
1baths
740sqft
0days on market

540 Fernwood Farms Rd, Chesapeake, VA 23320

New ListingResidential · built 1962 · FERNWOOD SHORES

Facts & features

Type

Residential

Year built

1962

Price / sqft

$134

HOA

None

Taxes

$2,235/yr

County

Chesapeake VA

MLS #

10656859

Interior

Bedrooms
2
Full baths
1
Approx. sqft
740
Stories
1
Flooring
Wood
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR
Appliances
Dryer Hookup, Washer Hookup
Equipment
Cable Hookup

Construction & exterior

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

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
1.0000
Subdivision
FERNWOOD SHORES
Ownership
Fee Simple
Garage
No
Parking
Driveway Spc, Street
Possession
SETTLE
Disclosures
Contract Owner, Disclosure Statement

See more Chesapeake homes under $200K.

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

About this home

Total assessed value $237,400, lot dimensions 170x265, 1 acre, 2/1 bath 740 sq ft.

Listing courtesy of John Leviege · EXIT Realty Central · REIN MLS #10656859

Keep searching in Chesapeake

See all Chesapeake homes for sale, including homes for sale in 23320 and homes for sale zoned for Great Bridge High School. Browse every listing among homes for sale in Chesapeake — updated from the REIN MLS every few minutes. Nearby, look at Riverwalk homes for sale, Chesapeake waterfront homes for sale, Chesapeake condos and townhomes for sale, and new construction homes in Chesapeake.

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

Chesapeake$80K – $115K2+ 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 AE · base flood elevation 8 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 510034

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510034

High Risk

FEMA flood zone

AE (1% annual chance)

Base flood elevation

8 ft above sea level

Property elevation

6.4 ft above sea level

1.6 ft below BFE

USGS 3DEP digital elevation model

Special Flood Hazard Area — 1% annual chance of flooding. Federal flood insurance is required on most mortgages.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 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.

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Explore this neighborhood

Riverwalk

Riverwalk is a master-planned community in Chesapeake, Virginia. It sits among mature hardwoods along the Eastern Branch of the Elizabeth River.

$295K

Median sale · 12 mo

$207

Sold $/sq ft

16d

Days on market

15

For sale now

$87K

HH income

70%

Owner-occupied

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

Explore Riverwalk →
Map of Riverwalk with neighborhood boundaryNeighborhood

browse Chesapeake listings →

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

$729/mo

Principal & interest

$514

Property tax

$186

Home insurance

$29

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

$168,000 – $235,000

The 4 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 3 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

806 Rue Marseille · 0.7 mi · 765 sqft$184,900 sold 2026-03
122 Grant ST · 1.3 mi · 832 sqft$235,000 sold 2026-03
4111 Hamilton ST · 2.5 mi · 884 sqft$168,000 sold 2026-07

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

Sale & Tax History

List Price

$99,000

Price / Sq Ft

$134

Annual Taxes

$2,235

Monthly Tax

$186

HOA

None

Tax Rate (effective)

2.26%

Sale Timeline (this listing)

EventDatePriceDetail
ListedOct 7, 2026$99,000—
Currently listed—$99,000—

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

0 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 540 Fernwood Farms Rd in a good school zone?+
The assigned zones on the listing record are Crestwood Elementary, Crestwood Middle (VaHome School Score 3.9/10), Great Bridge (VaHome School Score 7.6/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 540 Fernwood Farms Rd in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Does 540 Fernwood Farms Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 540 Fernwood Farms Rd built?+
It was built in 1962, 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 John Leviege · EXIT Realty Central · REIN MLS #10656859

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

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540 Fernwood Farms Rd, Chesapeake — photo

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

Call or text (757) 777-7577

540 Fernwood Farms Rd, Chesapeake, Virginia 23320 · MLS #10656859 · 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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