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Chesapeake › ALBEMARLE COLONY › 708 Colony Dr✓ Source: REIN MLS #10654846 · record updated Oct 7, 2026 · synced every 2 min · your inquiry is never resold
708 Colony DR, CHESAPEAKE VA 23322 - Main photo
708 Colony DR, CHESAPEAKE VA 23322 - Photo 2
708 Colony DR, CHESAPEAKE VA 23322 - Photo 3
708 Colony DR, CHESAPEAKE VA 23322 - Photo 4
708 Colony DR, CHESAPEAKE VA 23322 - Photo 5
4beds
2baths
1,377sqft
14days on market

708 Colony Dr, Chesapeake, VA 23322

ActiveResidential · built 1988 · ALBEMARLE COLONY

Facts & features

Type

Residential

Year built

1988

Price / sqft

$338

HOA

None

Taxes

$3,678/yr

County

Chesapeake VA

MLS #

10654846

Interior

Bedrooms
4
Full baths
2
Approx. sqft
1,377
Stories
2
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Fin. Rm Over Gar, Foyer, PBR with Bath, Porch, Utility Room
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy,Wood Fence

Utilities & systems

Heating
Nat Gas
Cooling
Central Air
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.1840
Subdivision
ALBEMARLE COLONY
Zoning
R8S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement, Owner Agent

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

About this home

Buyer may receive a lender credit of up to 1.25% of the loan amount toward eligible closing costs with the use of the sellers preferred lender. Hickory schools, no HOA, and a quiet Chesapeake neighborhood, 708 Colony Drive has a lot to love before you even step inside. This updated 4-bedroom, 2-bath home offers primarily one-level living with three bedrooms on the main floor and a true fourth bedroom with a closet above the garage. The open layout flows from the spacious living and dining areas into an updated kitchen featuring quartz countertops, brass fixtures, a large sink, stainless steel appliances, and modern finishes. Both bathrooms have also been beautifully updated with tile and fresh finishes throughout. Outside, enjoy a fully fenced backyard with a deck that's perfect for entertaining, relaxing, or pets. An attached one-car garage, two-car driveway, and additional parking provide plenty of space. Located in an established, quiet neighborhood with no HOA and sought-after Hickory schools, this move-in-ready home offers the updates you want with the freedom and location that can be hard to find in Chesapeake.

Listing courtesy of Racheal Pridgen · Keller Williams Town Center · REIN MLS #10654846

Tom & Dariya's overview

Our read on this home

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

At a glance

Four-bedroom, two-bath home in Chesapeake built in 1988. Sits on a quiet residential street about eight minutes from USCG Finance Center Chesapeake. Among homes for sale in 23322, this one offers 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 Butts Road Intermediate School. Browse every listing among homes for sale in Chesapeake — updated from the REIN MLS every few minutes. Nearby, look at Etheridge Lakes 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 1,377-square-foot layout gives you four bedrooms and two full baths—a genuine four-bed floor plan, not a converted office or bonus room. The single-story design means no stairs to climb daily. You'll find good bones throughout, with a foundation ready for updates that match your vision. This is the kind of property where your sweat equity pays off.

ALBEMARLE COLONY and the Chesapeake real estate market

You're in a quiet, tree-lined neighborhood where homes sit comfortably on their lots and neighbors know each other. The streets feel settled and established—no constant traffic, just the rhythm of a residential block. Chesapeake itself is Virginia's largest city by area, blending suburban calm with urban convenience. Shopping, dining, and services cluster nearby without overwhelming the neighborhood feel. Getting around is straightforward: major roads connect you to the rest of the city and beyond. If you are comparing homes for sale in Chesapeake, note that this location keeps you close to both water access and city amenities. The 23322 zip code sits in a sweet spot—far enough from downtown bustle, close enough to everything you need.

What's nearby

Daily errands are a short drive away. Grocery stores, pharmacies, and casual dining options surround the neighborhood. Parks offer space for outdoor time and recreation. The area has that suburban feel where you can run to town in minutes but wake up to quiet mornings. Schools and community centers anchor the broader area. You're also about eight minutes to USCG Finance Center Chesapeake and roughly twenty minutes to NSA Northwest Annex.

For different buyers

Base commute and VA loan notes

About eight minutes to USCG Finance Center Chesapeake puts this address within a tight commute for active-duty and civilian personnel. VA loan financing is common in this zip code, and the home's age and condition suit buyers ready to move in and start settling. Four bedrooms give you space to spread out after a workday.

Room to grow

Four genuine bedrooms mean everyone gets their own space—no shared rooms or converted closets. Two full baths serve the household without morning bottlenecks. The single-story layout is easy to navigate with kids or aging parents. A yard provides room for play and outdoor projects without overwhelming maintenance demands.

More buyer questions

How far is 708 Colony Drive from USCG Finance Center Chesapeake?

About eight minutes by car, making it a short commute for personnel stationed there. NSA Northwest Annex is roughly twenty minutes away.

What schools are nearby?

The address falls within the attendance zones for homes for sale zoned for Hickory High School and homes for sale zoned for Butts Road Intermediate School. Check the Schools tile for detailed ratings and programs.

Is this a single-story home?

Yes, the 1,377-square-foot layout is single-story, which means no stairs between bedrooms and living areas. That makes daily life easier and the home more accessible.

How many bedrooms does this home have?

Four bedrooms and two full baths. It's a genuine four-bed floor plan, not a converted bonus room.

What is the neighborhood like?

It's a quiet, established residential block with tree-lined streets and a settled feel. You're close to shopping and services but far enough from downtown bustle to enjoy calm mornings.

Ready to explore 708 Colony Drive? Reach out to Tom and Dariya Milan at LPT Realty to schedule a tour and see the home in person.

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

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

Chesapeake$395K – $535K4+ 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 (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\u2019t define a BFE here.

Property elevation

20.8 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\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.

Hurricane Evacuation Zone

Evacuation Zone D

Source: Virginia Dept. of Emergency Management — Know Your Zone

Military Aircraft Zone Information

Aircraft Noise

65-70 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

Etheridge Lakes

Etheridge Lakes is a neighborhood in the Hickory/Great Bridge area of south Chesapeake, Virginia. It sits near Etheridge Road and is laced with small lakes.

$715K

Median sale · 12 mo

$229

Sold $/sq ft

10d

Days on market

8

For sale now

$159K

HH income

97.8%

Owner-occupied

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

Explore Etheridge Lakes →
Map of Etheridge Lakes 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

$2,855/mo

Principal & interest

$2,413

Property tax

$307

Home insurance

$136

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

Why the land carries the value

Asking vs. assessment

128% of $364,200

City assessment record · taxes $3,678/yr

Land share of assessed value

51% — $185,000

Improvements $179,200 · assessor record ✓

Price context — similar nearby homes

$307,000 – $465,000

The 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.

708 Colony DR · 0 mi · 1,377 sqft$307,000 sold 2026-07
720 Albemarle CT · 0 mi · 1,378 sqft$415,000 sold 2026-10
716 Albemarle CT · 0 mi · 1,375 sqft$372,000 sold 2026-05

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

Sale & Tax History

List Price

$465,000

Price / Sq Ft

$338

Annual Taxes

$3,678

Monthly Tax

$307

HOA

None

Tax Rate (effective)

0.79%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 23, 2026$465,000—
Currently listed—$465,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

28% above assessment

Total Assessed

$364,200

Land

$185,000

Improvement

$179,200

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

14 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 708 Colony Dr in a good school zone?+
The assigned zones on the listing record are Butts Road Intermediate (VaHome School Score 8.8/10), 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 708 Colony 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.
Is there a gym near 708 Colony Dr?+
Yes — Universal Fitness is about 0.8 miles away, per the cached nearby-places record for this address.
Are there parks near 708 Colony Dr?+
Etheridge Lakes Park is about 0.7 miles away.
Where is the nearest grocery store to 708 Colony Dr?+
Food Lion is about 0.8 miles away. The closest dining on record is The Spot Family Restaurant (0.8 mi).
Does 708 Colony Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 708 Colony Dr built?+
It was built in 1988, 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 Racheal Pridgen · Keller Williams Town Center · REIN MLS #10654846

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.

708 Colony Dr, Chesapeake — photo

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

Call or text (757) 777-7577

708 Colony Dr, Chesapeake, Virginia 23322 · MLS #10654846 · 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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