Skip to main content
GloucesterFOUNDERS MILL7383 Founders Mill Way E✓ Source: REIN MLS #10636168 · record updated Jun 29, 2026 · synced every 2 min · your inquiry is never resold
7383 Founders Mill WAY E, GLOUCESTER VA 23061 - Main photo
$345,000
$262 / sqft · est. $2,047/mo →
3beds
2baths
1,316sqft
14days on market

7383 Founders Mill Way E, Gloucester, VA 23061

SoldResidential · built 1999 · FOUNDERS MILL

About this home

The listing, in the seller's words

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 with stainless steel appliances including a gas stove, hood, dishwasher, and refrigerator. A stained glass kitchen light adds the perfect touch of personality.The attached 1-car garage offers everyday convenience, and the large yard provides plenty of room to relax, garden, or entertain. Full of original character and lovingly cared for, this move-in ready home offers comfort, functionality, and the opportunity to make it your own over time. Great location approximately 4 miles to shops, dining, medical care, and more!

Listing courtesy of Lisa Atkins · Iron Valley Real Estate HR · REIN MLS #10636168

VaHome team overview

Our read on this home

At a glance

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.

Read the full overview ↓

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.

More buyer 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.

Schools

  • ElementaryBotetourt Elementary
  • MiddlePeasley Middle
  • HighGloucester

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1999

Price / sqft

$262

HOA

None

Taxes

$1,875/yr

County

Gloucester County VA

Waterfront

Yes

MLS #

10636168

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,316
Stories
1
Flooring
Carpet, Vinyl
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, PBR with Bath, Porch, Utility Closet
Appliances
Dishwasher, Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener, Water Softener
Accessibility
Level Flooring, Main Floor Laundry

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

Heating
Electric, Heat Pump
Cooling
Heat Pump
Water heater
Electric
Water
Well
Sewer
Septic

Lot, parking & ownership

Lot size
0.7400
Subdivision
FOUNDERS MILL
Zoning
SF-1
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Driveway Spc
Possession
SETTLE
Disclosures
Disclosure Statement

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

Flood & environment

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

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

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

$2,047/mo

Principal & 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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$305,000$429,900

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.

8205 Sheffield DR · 0.7 mi · 1,300 sqft$315,000 sold 2026-03
7133 Lord Carrington DR · 0.4 mi · 1,218 sqft$305,000 sold 2026-07
7170 Hopkins CIR · 0.4 mi · 1,454 sqft$358,000 sold 2026-04

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)

EventDatePriceDetail
ListedJun 15, 2026$345,000
SoldJun 23, 2026$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:

Gloucester Assessor (Google)

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.

Questions buyers ask

Real questions, answered from the record

Is 7383 Founders Mill Way E in a good school zone?+
The assigned zones on the listing record are Botetourt Elementary, Peasley Middle, Gloucester. School attendance zones can change — always confirm enrollment with the local school division.
Does 7383 Founders Mill Way E have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 7383 Founders Mill Way E built?+
It was built in 1999, 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

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Lisa Atkins · Iron Valley Real Estate HR · REIN MLS #10636168

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

7383 Founders Mill Way E, Gloucester, Virginia 23061 · MLS #10636168 · 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.