Home/Virginia/Chesapeake/KING JAMES COLONY/524 Margaret DR, CHESAPEAKE VA 23322
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6 days on market

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$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

Residential1 StorySingle FamilyWaterfront — Not Waterfront

Schools

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

At a glance

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

Looking up FEMA flood zone…

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)

EventDatePriceDetail
ListedMay 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:

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.

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.

See more Chesapeake homes for sale →

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.

Estimate your monthly payment

$3,730/mo

Principal & 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.

OFF MARKET

$600,000

524 Margaret DR, CHESAPEAKE VA 23322

Chesapeake, Virginia 23322

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Quick Facts

TypeResidential
Year Built1977
Lot Size4.7500
Taxes$5,300/yr
HOANone
Heating
Cooling

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