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✓ Source: REIN MLS #10661086 · record updated Nov 9, 2026 · synced every 2 min · your inquiry is never resold
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$650,000est. $3,994/mo all-in · adjust →
3beds
2baths
1,839sqft
$353per sqft
3days on market

601 Margaret Dr, Chesapeake, VA 23322

Under ContractResidential · built 1978 · 3.01 acres · KING JAMES COLONY · MLS #10661086

Price per sqft$353compare with nearby salesSchools
HickoryHigh8.7
HickoryMiddle9
SoutheasternElementary8.3
VaHome School ScoreEst. payment$3,994/moall-in · 20% down · 6.75% · adjustPrice since listing…checking price historyFlood
Low / moderate riskZone X
flood insurance not requiredTaxes$5,179/yrfrom the public recordHOANoneno HOA fee on the MLS recordCondo feeNAnot a condo

OverviewAbout this home

Do not miss this one! Completely updated home has an open floor plan with a beautiful kitchen and large island. Both bathrooms have new fixtures and tile. The room over the garage has been finished and can be used as a flex room. The large pool is only a few years old and has an expansive concrete patio and a gazebo for entertaining. Besides the 2 car garage there is a 15' x 20' shed with power for storage or workshop and a chicken coop for homesteading. The side yard is completely cleared with enough room for a soccer field or could be fenced in for animals. The backyard is wooded for privacy and wildlife. The neighborhood is sought after due to the lot sizes and located in the desirable Hickory school zone. You will have the feeling of living in the country while still centrally located between Great Bridge (Chesapeake) and Landstown (Virginia Beach) shopping. The square footage is approximate as the tax records do not include the FROG. Agent is related to seller.

Listing courtesy of William Hickey · 1st Class Real Estate Flagship · REIN MLS #10661086

Facts & features

TypeResidential
Year built1978
Price / sqft$353
HOANone
Taxes$5,179/yr
CountyChesapeake VA
MLS #10661086

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,839
Stories
1
Flooring
Ceramic, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
5
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Wood
Pool
In Ground Pool
Fencing
Back Fenced

Utilities & systems

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

Lot, parking & ownership

Lot size
3.0050
Subdivision
KING JAMES COLONY
Zoning
A1
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Driveway Spc
Possession
SETTLE
Disclosures
Disclosure Statement, Pet on Premises, Related to Seller

Sources: REIN MLS record

Tom & Dariya's overview

Our read on this home

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

At a glance

601 Margaret Drive is a three-bedroom, two-bath home in Chesapeake, Virginia, built in 1978 and offering 1,839 square feet of living space. The lot sits in the 23322 zip code, a well-established corner of the city. Chesapeake homes for sale at this square footage and vintage tend to offer solid bones and room to personalize.

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. 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

What sets 601 Margaret Drive apart is its size for the era. At 1,839 square feet, this 1978-built home gives you more room than many of its neighbors. Three bedrooms and two full baths cover the basics cleanly. The Chesapeake location puts you close to two military installations and well inside the city's western corridor, where daily errands stay short and the pace stays calm.

KING JAMES COLONY and the Chesapeake real estate market

Margaret Drive sits in the western reaches of Chesapeake, in the 23322 zip code. This part of the city developed steadily through the 1970s and 1980s, and the streets reflect that era — wide lots, mature trees, and single-family homes with real yard space. The blocks here feel settled and quiet without feeling remote. Neighbors tend to know each other, and the streets see more foot traffic than cut-through cars. Chesapeake itself is one of the largest cities by land area in Virginia. That size means a lot of variety — from rural farmland in the south to busy retail corridors in the north. The 23322 corridor lands comfortably in between. Getting around is easy. Interstate 664 and Route 17 both run nearby, connecting you to Norfolk, Virginia Beach, and Suffolk without much fuss. Anyone browsing homes for sale in 23322 will find this section of Chesapeake offers a strong mix of space, access, and neighborhood stability.

What's nearby

Day-to-day life runs smoothly from Margaret Drive. Grocery options, pharmacies, and gas stations cluster along the nearby retail corridors on Battlefield Boulevard and Cedar Road. A quick drive puts you at Chesapeake City Park, one of the larger green spaces in the area, with walking trails, sports fields, and open lawn. Local coffee shops and casual dining spots dot the same corridors, so weekday mornings and weekend lunches are easy to handle close to home. The USCG Finance Center Chesapeake is about 16 minutes away. NAS Oceana sits roughly 21 minutes to the northeast.

For different buyers

Base commute and VA loan notes

The USCG Finance Center Chesapeake is about 16 minutes from the front door. NAS Oceana adds a second option at roughly 21 minutes. VA loan financing is common in this zip code, and the home's 1,839 square feet gives you real space without stretching a housing allowance thin. The 23322 area has a track record of smooth VA loan appraisals.

For first-time buyers

At 1,839 square feet, 601 Margaret Drive gives first-time buyers more space than most starter homes in this price tier. Three bedrooms and two full baths check the core boxes. The 1978 build means the layout is practical and the bones are proven. Anyone comparing Chesapeake homes for sale in this size range will find this address worth a close look.

More buyer questions

How far is 601 Margaret Drive from USCG Finance Center Chesapeake?

The drive runs about 16 minutes under normal traffic conditions. That puts it well within a comfortable daily commute from this part of Chesapeake.

How far is 601 Margaret Drive from NAS Oceana?

NAS Oceana is roughly 21 minutes northeast via local roads. The route is straightforward and avoids most of the city's heavier congestion points.

What school zone does 601 Margaret Drive fall in?

Anyone comparing homes for sale zoned for Hickory High School or homes for sale zoned for Southeastern Elementary School should confirm current zoning directly with Chesapeake Public Schools, as boundaries can change.

Is 601 Margaret Drive in a flood zone?

Flood zone status for this address is shown in the FloodRisk tile on this page. Always review the current FEMA map and consult your lender or insurer before closing.

What is the lot like at 601 Margaret Drive?

The property sits in an established residential area of Chesapeake with the yard space typical of homes built in this era. Specific lot dimensions are listed in the property details above.

Want to see 601 Margaret Drive in person? Tom and Dariya Milan are ready to walk you through it. Reach out to 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.

HighHickory High School
8.7/10
Down 0.1 from 2024–25
MiddleHickory Middle School
9/10
Down 0.2 from 2024–25
ElementarySoutheastern Elementary School
8.3/10
Up 1.1 from 2024–25

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$550K – $750K3+ beds

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Military Commute

Drive times to nearest bases

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

10.2 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.

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 neighborhoodRavenna

Ravenna is a neighborhood in the Hickory area of south Chesapeake, Virginia. It sits near where Mount Pleasant Road meets Elmhurst Avenue. The homes are detached single-family houses.

$819KMedian sale · 12 mo
$236Sold $/sq ft
20dDays on market
1For sale now
$131KHH 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

homes for sale in Chesapeake, VA →

CostPayment calculator

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

$3,994/mo

Principal & interest

$3,373

Property tax

$432

Home insurance

$190

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$489,900 – $674,000The 6 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.
524 Margaret DR · 0.5 mi · 2,075 sqft$620,000 sold 2026-07
561 Margaret DR · 0.2 mi · 2,030 sqft$674,000 active
1213 Fentress Airfield RD · 0.9 mi · 1,820 sqft$489,900 active

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

Sale & Tax History

List Price

$650,000

Price / Sq Ft

$353

Annual Taxes

$5,179

Monthly Tax

$432

HOA

None

Tax Rate (effective)

0.80%

Sale Timeline (this listing)

EventDatePriceDetail
ListedNov 6, 2026$650,000—
Currently listed—$650,000—

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.

3 days on market: read it in context

Days on market reflects pricing, season, and inventory. Compare it against similar nearby homes before reading anything into it.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
601 Margaret Drthis home$650,000321,839$353
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 601 Margaret Dr in a good school zone?
The assigned zones on the listing record are Southeastern Elementary (VaHome School Score 8.3/10), 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 601 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 601 Margaret Dr have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 601 Margaret Dr built?
It was built in 1978, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.

Tom and Dariya Milan

Tom & Dariya Milan | LPT Realty

See it in person with Tom & Dariya

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601 Margaret Dr, Chesapeake, Virginia 23322 · MLS #10661086 · 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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