Off Market Sep 2024 for $1M

$1,163,226

Est. refi paymentEst. refi $3,626/mo

•

4,541

sq ft

525 Waterwheel Rd, Chesapeake, VA 23322

About this home

Welcome to your dream home! This luxurious 5-bedroom, 4-bath residence spans 4,541 sqft, offering elegance and comfort. On the main level, enjoy a den with a cozy wood-burning stove, a spacious living room w/ wood fireplace, and a formal dining room. The primary suite features a handicap-accessible bathroom w/ a roll-in shower, grab bars, double vanity w/ ample storage, and a walk-in closet. The gourmet kitchen boasts stainless steel appliances, abundant storage, a large island, and access to a sunroom flooded w/ natural light and serene wooded views. Admire the beautiful beams and craftsman trim work throughout. Upstairs, a second primary suite awaits w/ a wood-burning fireplace, walk-in closet, and a luxurious ensuite w/ a jetted tub. Discover three more generous bedrooms, a library space w/ built-in bookshelves and cabinets, and a finished room over the garage w/ walk-in attic space. Nestled on 3 acres of wooded land, the outdoor area features a large deck, concrete patio, in-ground pool, storage shed, and gas grill hookup area. Subject to a ratified contract with contingencies. Owner wishes to continue to show the property and may consider backup/other offers

Single-familyProperty Type

1987Year Built

3 acresLot Size

$256Est. Price/Sq.Ft.

2 car garageParking

Listed by Betsy Thompson • The Agency Coastal Virginia

Bought with Non-Member Non-Member • Williamsburg MLS

Redfin checked: 2 minutes ago

•Source:WMLS #2402267

Redfin Estimate

$1,163,226

$93K since sold in September 2024$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13% higher than the average sale price ($1.03M) of 6 comparable homes.

SOLD JUL 20, 2026
$1,225,000
A
5 beds3.5 baths5,000 sq ft
408 Mill Stone Rd, Chesapeake, VA 23322
SOLD MAR 25, 2026
$935,000
B
5 beds5 baths5,766 sq ft
529 Fordsmere Rd, Chesapeake, VA 23322
SOLD JUL 16, 2026
$1,099,000
C
5 beds4.5 baths3,583 sq ft
187 Hessian Loop, Chesapeake, VA 23322
SOLD DEC 1, 2025
$990,000
D
6 beds4 baths4,164 sq ft
533 Waterwheel Rd, Chesapeake, VA 23322
SOLD DEC 30, 2025
$776,181
E
5 beds4 baths3,656 sq ft
1540 Jimmy Ln, Chesapeake, VA 23322
SOLD APR 29, 2026
$1,153,203
F
5 beds3.5 baths4,063 sq ft
179 Hessian Loop, Chesapeake, VA 23322

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Earn from this home

Sell

$276,951

Est. take-home

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Refinance

Est. cash available

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Rent

$3,553/mo

Redfin rental estimate

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Market trends in 23322, VA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

+0.2% MoM

Median sale price

$599K

$11K MoM

Avg. days on market

27d

2 days MoM

Recently sold homes

359

22 MoM

New listings for sale

OPEN SAT, 11AM TO 2PM
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NEW 17 HRS AGO
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COMING SOON
$769,000
5 beds3 baths3,712 sq ft
1204 Murray Dr, Chesapeake, VA 23322
$550,000
4 beds3 baths2,485 sq ft
309 Barcelona Dr, Chesapeake, VA 23320
$1,519,000
5 beds4.5 baths6,848 sq ft
641 Ravenwoods Dr, Chesapeake, VA 23322
$445,000
3 beds1.5 baths1,700 sq ft
656 Hillwell Rd, Chesapeake, VA 23322
$540,000
4 beds3.5 baths2,200 sq ft
917 Erie St, Chesapeake, VA 23322
$615,000
4 beds2.5 baths2,632 sq ft
1924 Bexley Ln, Chesapeake, VA 23322
$419,900
3 beds1.5 baths1,331 sq ft
229 Cedar Rd, Chesapeake, VA 23322
$549,999
4 beds3 baths2,314 sq ft
2114 Edwin Dr, Chesapeake, VA 23322
See all

Provided by Redfin

Sale history for 525 Waterwheel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,489 (+18.9%)

$250,000 + $788,500

$1,038,500

2024

$8,821 (+11.9%)

$230,000 + $643,400

$873,400

2023

$7,881 (+5.2%)

$210,000 + $570,300

$780,300

2022

$7,490 (+12.9%)

$195,000 + $546,600

$741,600

2021

$6,635 (−3.8%)

$180,100 + $451,800

$631,900

2020

$6,894

$180,100 + $476,500

$656,600

2019

$6,894 (+13.0%)

$180,100 + $476,500

$656,600

2018

$6,099 (+7.4%)

$180,100 + $476,500

$656,600

2017

$5,678 (+4.3%)

$165,000 + $375,800

$540,800

2015

$5,446

$165,000 + $375,800

$540,800

2014

$5,446

$165,000 + $353,700

$518,700

2013

$5,446

$165,000 + $353,700

$518,700

2012

$5,446

$165,000 + $353,700

$518,700

Tax history for 525 Waterwheel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,489 (+18.9%)

$250,000 + $788,500

$1,038,500

2024

$8,821 (+11.9%)

$230,000 + $643,400

$873,400

2023

$7,881 (+5.2%)

$210,000 + $570,300

$780,300

2022

$7,490 (+12.9%)

$195,000 + $546,600

$741,600

2021

$6,635 (−3.8%)

$180,100 + $451,800

$631,900

2020

$6,894

$180,100 + $476,500

$656,600

2019

$6,894 (+13.0%)

$180,100 + $476,500

$656,600

2018

$6,099 (+7.4%)

$180,100 + $476,500

$656,600

2017

$5,678 (+4.3%)

$165,000 + $375,800

$540,800

2015

$5,446

$165,000 + $375,800

$540,800

2014

$5,446

$165,000 + $353,700

$518,700

2013

$5,446

$165,000 + $353,700

$518,700

2012

$5,446

$165,000 + $353,700

$518,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3 Acres

Year renovated

—

Sq. Ft.

4,541

Year built

1987

Style

Single Family Residential

County

Chesapeake

APN

0742003000060

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

A-1

Agricultural District

This district is created primarily for the protection of the agricultural industry and rural section of the city from the invasion of urban and suburban uses and to preserve agricultural lands, forest lands and open space in the interest of the health, safety and welfare of the community. This district is not intended for major residential development; therefore, residential development and subdivisions for residential purposes in the A-1 agricultural district are prohibited except for minor subdivisions, as that term is defined in section 3-403 of this ordinance, preservation divisions, as that term is defined in section 10-201 of this ordinance, and conditional cluster developments approved in accordance with section 6-2200 et seq. of this ordinance.

Permitted uses

Include but are not limited to:

Equestrian facility
Livestock production
Community / recreation center
Day care facility
Housing-Single unit
Fire house
Library
Police station
Communications tower
Agriculture-Cropland

Nov 24, 2025 • Active

Residential addition

Addition

ADU

May 16, 2019 • Final

Residential addition

Construct a bedroom addition for an in-law suite including one bedroom, one bathroom, and a walk-in closet. The finished room over the garage is not to be used as a bedroom, and the total structure shall not exceed five bedrooms to comply with the septic system design.

Addition

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2

Parking
Features: Attached, Driveway, Garage, Garage Door Opener, Paved, Workshop in Garage

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 4

Room Information
# of Rooms (Total): 5
Basement Information: Crawl Space

Room 1 Information
Bedroom 5
Level: Second

Room 2 Information
Bedroom 4
Level: Second

Room 3 Information
Bedroom 3
Level: Second

Room 4 Information
Bedroom 2
Level: Second

Room 5 Information
Primary Bedroom
Level: First

Laundry Information
Features: Washer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces: 4
Features: Wood Burning

Equipment
Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooking, Gas Grill Connection, Ice Maker, Microwave, Range, Refrigerator, Stove, Water Softener, Trash Compactor, Water Heater, Washer

Interior Features
Window Features: Window Treatments
Door Features: French Doors, Storm Door(s)
Accessibility Features: Grab Bars, Low Threshold Shower
Flooring: Carpet, Tile, Wood
Other Features: Attic, Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, In-Law Floorplan, Jetted Tub, Kitchen Island, Pantry, Pull Down Attic Stairs, Recessed Lighting, Walk-In Closet(s), Window Treatments

Exterior

Building Information
Stories: 2
Stories (Total): 2
Year Built Details: Actual
Roof Details: Asphalt, Shingle
Construction Details: Brick, Frame

Exterior Features
Exterior Features: Awning(s), Deck, Sprinkler/Irrigation, Paved Driveway
Patio And Porch Features: Deck, Front Porch
Other Structures: Shed(s)
Security Features: Smoke Detector(s)
Fencing: Back Yard

Pool and Spa Information
Pool Features: In Ground, Pool Equipment, Pool

Land Information
Horse Amenities: Horses Allowed
Irrigation Source: Well

Lot Information
Lot Size Area: 3.002
Lot Size Acres: 3.002
Zoning Description: A1

Property Information
Below Grade Finished Area Source: Assessor
Above Grade Finished Area Source: Assessor

Financial

Tax Information
Annual Tax Amount: $7,881.04
Tax Year: 2023

Rental Information
Pets Allowed Details: Chickens OK, Yes

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Has Cooling
Cooling: Geothermal, Heat Pump, Attic Fan
Has Heating
Heating: Geothermal, Heat Pump

Public facts

Beds: 5
Baths: 4.0
Sq. Ft.: 4,541
Stories: 2.0
Lot Size: 3 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: —
County: Chesapeake
APN: 0742003000060

Home facts updated by county records on Aug 26, 2026

Around this home

Schools

Southeastern Elementary School

Public PreK-5 • Assigned • 0.9mi

8/10

Hickory Middle School

Public 6-8 • Assigned • 1.1mi

9/10

Hickory High School

Public 9-12 • Assigned • 1.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 107° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Chesapeake, VA • 23322

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.3 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.11M – $1.34M

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New listings for sale in 23322

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NEW 17 HRS AGO

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Home values near 525 Waterwheel Rd

Data from public records.

Address	Redfin Estimate
529 Waterwheel Road, Chesapeake, VA 5 Beds \| 4 Baths \| 4581 Sq. Ft.	$1,152,011
512 Waterwheel Road, Chesapeake, VA 5 Beds \| 5 Baths \| 5668 Sq. Ft.	$1,079,746

Address	Redfin Estimate
533 Waterwheel Road, Chesapeake, VA 6 Beds \| 4 Baths \| 4164 Sq. Ft.	$1,030,319
516 Waterwheel Road, Chesapeake, VA 4 Beds \| 3 Baths \| 3533 Sq. Ft.	$885,196

Address	Redfin Estimate
521 Waterwheel Road, Chesapeake, VA 6 Beds \| 5 Baths \| 5100 Sq. Ft.	$1,258,635
504 Waterwheel Road, Chesapeake, VA 4 Beds \| 4 Baths \| 3443 Sq. Ft.	$864,012

Property information provided by WMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 23322, VA

Sale history for 525 Waterwheel Rd

Tax history for 525 Waterwheel Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 23322

Home values near 525 Waterwheel Rd

More real estate resources