201 Palmer Dr, Cape Charles, VA, 23310
About This Home
We are thrilled to present the FINAL RELEASE of Phase 1 at the Villas at Magnolia Park. This is your opportunity to own in this highly anticipated enclave located along the edge of a beautiful pond, steps from the community pool and the Bay Creek Club's racquet sports center. This release features six individual buildings with two residences per building. Each Villa includes a comprehensive lifestyle plan covering all exterior maintenance to ensure a carefree and relaxed experience. Choose our standard floor plan featuring three bedrooms, two baths, a spacious living area, an exceptional kitchen, and a screen porch, or customize your home with optional second-floor bedroom and bath upgrades.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer/Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Dining Room
Features
- Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: One Fireplace,Family Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 1,822
- Total interior livable area: 1,822 sqft
Property
Details
- Zoning description: Residential
Features
- Levels: Two
- Pool features: Outdoor Pool
- Patio & porch: Screened,Patio
- Exterior features: Tennis Court(s)
- Waterfront features: Sand Beach
- Frontage length: Water Frontage: 2,5
Lot
- Lot size: 10,280 sqft
- Features: <.5 acre +/-
- Lot size dimensions: 0.236
Parking
- Total spaces: 2
- Parking features: Garage,Two Car,Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Hurricane
- Coastal Flooding
- Cold Wave
- Drought
- Hail
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,362 | $40,344 |
| Home Insurance * | $370 | $4,440 |
| Property Taxes | $365 | $4,380 |
| Electricity | $202 | $2,433 |
| Total | $4,299 | $51,588 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-01 | Listed for sale | $664,900 |
View on Zillow