14 days on market
$345,000
7383 Founders Mill Way E
Gloucester, Virginia 23061
MLS# 10636168 · FOUNDERS MILL · Gloucester County VA
Updated yesterday · Source: REIN MLS
Est. payment
$2,047/mo
Edit below
Price / sq ft
$262
1,316 sq ft
Days on market
14
HOA
None
Year built
1999
27 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
1,316
Garage
Yes
Schools
- ElementaryBotetourt Elementary—
- MiddlePeasley Middle—
- HighGloucester—
Info provided by GreatSchools
About this home
This charming 3-bedroom, 2-bath rancher in Founders Mill offers comfortable one-level living on a spacious 0.74-acre lot. Well maintained and full of warmth and character, the home features cathedral ceilings in the living room and dining room that create an open, airy feel with beautiful natural light throughout. Fresh paint gives the interior a bright and inviting atmosphere, while the kitchen offers classic charm…
Listed by Lisa Atkins · Iron Valley Real Estate HR
VaHome Team property overview
7383 Founders Mill Way E is a three-bedroom, two-bath home in Gloucester, Virginia, offering 1,316 square feet of single-family living built in 1999. It sits in a quiet residential setting with easy access to the Middle Peninsula's waterways, small-town charm, and two nearby military installations.
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Why this home stands out
What sets this address apart is the combination of genuine small-town quiet and surprising regional reach. Gloucester's low-density landscape means you're trading congestion for space — real yard room, minimal noise, and a pace that's hard to find closer to the water's edge. At the same time, Camp Peary and Naval Weapons Station Yorktown are both within a half-hour drive, keeping you connected to the installations that matter most.
FOUNDERS MILL and the Gloucester real estate market
Gloucester, Virginia sits on the Middle Peninsula between the York River and the Piankatank River, and it carries a character that's distinctly its own. This isn't a suburb of Norfolk or Hampton — it's a self-contained county seat with its own rhythms, its own courthouse square, and a community that tends to stick around for generations. Founders Mill Way E sits within a residential pocket that reflects the broader county well: modest lot sizes, mature trees, and neighbors who wave from the driveway. The county seat of Gloucester Court House is just a few minutes away, where you'll find local government offices, a handful of independent shops, and the kind of main-street fabric that larger cities have largely lost. For anyone searching for Gloucester VA homes for sale, this address delivers the full picture — a livable, grounded community where the Chesapeake Bay watershed is a backdrop to everyday life, not just a weekend destination.
What's nearby
Daily errands are straightforward from Founders Mill Way E. The Gloucester Court House area puts grocery options, pharmacies, and hardware stores within a short drive. Gloucester Point, roughly ten minutes south, sits right at the George P. Coleman Memorial Bridge and offers waterfront views, a public beach area at Gloucester Point Beach Park, and access to the York River. Williamsburg — with its broader retail corridor, dining scene, and Colonial Williamsburg historic district — is about 25 minutes away via the bridge. For medical needs, Riverside Walter Reed Hospital is right in Gloucester County, which is a genuine convenience for a rural-leaning area.
For different buyers
For military families relocating
If you're stationed at Naval Weapons Station Yorktown or Camp Peary, Founders Mill Way E puts you within a 24-to-29-minute commute of both gates — a realistic daily drive that avoids the Hampton Roads tunnel traffic entirely. Gloucester's housing stock tends to offer more square footage per dollar than the Peninsula proper, and a VA loan makes ownership here genuinely accessible for qualifying service members and veterans.
For first-time buyers
Three bedrooms, two full baths, and a 1999 build means you're stepping into a home that's past the early-maintenance curve without being dated. At 1,316 square feet, the layout is efficient without feeling cramped — enough room to grow into without the overhead of a larger property. Gloucester's lower cost of living relative to Virginia Beach or Norfolk makes this a practical entry point into homeownership on the Middle Peninsula.
Frequently asked questions
How far is 7383 Founders Mill Way E from Naval Weapons Station Yorktown?
Naval Weapons Station Yorktown is approximately 29 minutes from this address under normal driving conditions, heading south via Route 17 across the Coleman Bridge. It's a straightforward commute without major congestion chokepoints.
How far is 7383 Founders Mill Way E from Camp Peary?
Camp Peary is about 24 minutes away, making it the closer of the two nearby installations. The route follows Route 17 south through Gloucester Point and into York County.
Is 7383 Founders Mill Way E in a flood zone?
Flood zone status for this property is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. Gloucester County does have areas of varying flood risk given its proximity to tidal rivers, so reviewing that tile is worthwhile.
What is the property type and size at 7383 Founders Mill Way E?
This is a single-family residential home with 1,316 square feet of living space, three bedrooms, and two full bathrooms, built in 1999.
What grocery and shopping options are near Founders Mill Way E in Gloucester?
The Gloucester Court House commercial corridor, just a few minutes from the address, includes grocery stores, pharmacies, and general retail. Larger shopping options are available in Williamsburg, roughly 25 minutes south via the Coleman Bridge.
Tom and Dariya Milan at LPT Realty know Gloucester County inside and out — reach out to talk through what this address could mean for your next chapter.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
0
Approx Sq Ft
1,316
Stories
1
Fireplaces
0
Flooring
Carpet, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$345,000
Price / Sq Ft
$262
Annual Taxes
$1,875
Monthly Tax
$156
HOA
None
Tax Rate (effective)
0.54%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 27, 2026 | $345,000 | — |
| Currently listed | — | $345,000 | — |
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:
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.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$2,047/moPrincipal & interest
$1,790
Property tax
$156
Home insurance
$101
PMI
None
HOA
None
Estimate only. 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.
Listed by Iron Valley Real Estate HR · MLS# 10636168
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$345,000
7383 Founders Mill WAY E, GLOUCESTER VA 23061
Gloucester, Virginia 23061
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