




6 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$600,000
524 Margaret Dr
Chesapeake, Virginia 23322
MLS# 10634878 · KING JAMES COLONY · Chesapeake VA
Updated 13 hours ago · Source: REIN MLS
Est. payment
$3,730/mo
Edit below
Price / sq ft
$289
2,075 sq ft
Days on market
6
New listing
HOA
None
Year built
1977
49 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,075
Garage
Yes
Schools
- ElementarySoutheastern Elementary School6/10
- MiddleHickory Middle School7/10
- 9/10
Info provided by GreatSchools
About this home
Spacious brick ranch on 4.75 acres in Chesapeake! This 3-bedroom home plus FROG offers a welcoming front porch, large sunroom, utility room, 2 full baths, and 1 half bath. The living area features a cozy wood-burning fireplace, while replacement windows and a whole-house generator add comfort and peace of mind. Outside, enjoy wide open space with horses allowed and direct access backing to a bridle path. Property inc…
Listed by Jacey Anderson · RE/MAX Alliance
VaHome Team property overview
524 Margaret Drive is a four-bedroom, 2.1-bath single-family home in Chesapeake, Virginia, offering 2,075 square feet of living space built in 1977. It sits in a quiet residential setting with quick access to two military installations and everyday conveniences throughout the city.
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Why this home stands out
What sets 524 Margaret Drive apart is the combination of generous square footage — 2,075 feet across four bedrooms — and a half-bath that keeps the main living areas practical for busy households. Built in 1977, the home carries the solid construction hallmarks of that era: established lot, mature surroundings, and a layout that separates living and sleeping spaces in a way newer builds rarely replicate at this size.
KING JAMES COLONY and the Chesapeake real estate market
Margaret Drive sits in the southern reaches of Chesapeake, a city that consistently ranks among the most livable in Virginia for its low density, expansive green space, and family-oriented neighborhoods. The street itself has the feel of a settled, mature community — wide lots, established trees, and neighbors who tend to stay. Chesapeake is one of the largest cities by land area on the East Coast, which means you get breathing room that's genuinely rare this close to the coast. If you've been searching for sale chesapeake options that trade urban congestion for elbow room without sacrificing access to jobs, bases, and retail, this part of the city consistently delivers. The Great Dismal Swamp National Wildlife Refuge lies to the west, and the broader Chesapeake landscape blends suburban comfort with natural character. City services, newer road infrastructure, and a growing commercial corridor along Battlefield Boulevard make daily logistics straightforward from this address.
What's nearby
Grocery runs are easy with a Food Lion and Walmart Supercenter both within a few miles along Battlefield Boulevard. For coffee, a Starbucks and a Dunkin' are each reachable in under ten minutes. Northwest River Park — a 763-acre preserve with trails, camping, and kayak launches — is roughly a 15-minute drive south and makes weekends genuinely interesting. Pharmacies including CVS and Walgreens are close by, and a solid mix of casual dining options lines the Battlefield corridor. The Chesapeake Expressway provides a direct route toward the Outer Banks when a beach day calls.
For different buyers
For military families relocating
USCG Finance Center Chesapeake is just 17 minutes away, and NAS Oceana is reachable in 21 minutes — making 524 Margaret Drive a practical anchor point for dual-service households or anyone weighing BAH against a long-term purchase. A VA loan can make the math work especially well here, and four bedrooms give you the flexibility to grow into the space rather than outgrow it quickly.
For families upgrading
Four bedrooms and 2,075 square feet give a growing family genuine room to spread out — dedicated space for a home office, a guest room, or a playroom without anyone feeling crowded. The 1977 build sits on an established lot with mature landscaping that newer subdivisions simply can't offer. If you're browsing chesapeake city houses for sale and want a home with real yard character and interior flexibility, Margaret Drive is worth a close look.
Frequently asked questions
How far is 524 Margaret Drive from USCG Finance Center Chesapeake?
The drive is approximately 17 minutes under normal traffic conditions, making it one of the more convenient residential options for personnel assigned to that installation.
How far is 524 Margaret Drive from NAS Oceana?
NAS Oceana is about 21 minutes away, a manageable commute that also opens up access to Virginia Beach's commercial and recreational corridors.
What is the flood zone status for 524 Margaret Drive?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.
Is there an HOA at 524 Margaret Drive?
Based on available property data, this address does not appear to be governed by a mandatory homeowners association, though you should confirm current status during the due-diligence period.
What are the lot and structural highlights of 524 Margaret Drive?
The property is a single-family residential home built in 1977, offering 2,075 square feet, four bedrooms, and 2.1 bathrooms on an established lot in Chesapeake, Virginia 23322.
Ready to walk through 524 Margaret Drive? Tom and Dariya Milan at LPT Realty know this part of Chesapeake well — reach out and let's set up a visit.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
524 Margaret DR, Chesapeake
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,075
Stories
1
Fireplaces
0
Flooring
Carpet, Ceramic, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$600,000
Price / Sq Ft
$289
Annual Taxes
$5,300
Monthly Tax
$442
HOA
None
Tax Rate (effective)
0.88%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 14, 2026 | $600,000 | — |
| Currently listed | — | $600,000 | — |
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.
About buying in Chesapeake
Chesapeake is Virginia's second-largest city by area and offers a mix of suburban subdivisions, rural acreage, and waterfront properties along the Intracoastal Waterway. Western Branch, Greenbrier, and Great Bridge are among the most sought-after neighborhoods, with top-rated public schools and easy access to I-64 and the Chesapeake Expressway. The city is known for lower property taxes and larger lot sizes compared to neighboring Virginia Beach and Norfolk, which makes it especially attractive to families looking for more space.
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
$3,730/moPrincipal & interest
$3,113
Property tax
$442
Home insurance
$175
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 RE/MAX Alliance · MLS# 10634878
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$600,000
524 Margaret DR, CHESAPEAKE VA 23322
Chesapeake, Virginia 23322
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