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218 Chestnut St, Suffolk, VA, 23434

3beds
3baths
2,000sqft
$369,900
$185price/sqft
$2,611/moest. monthly cost
$104,440/yrincome needed

About This Home

Welcome to 218 Chestnut, a beautifully crafted new construction home offering 2,000 square feet of thoughtfully designed living space. The foyer sets the tone as you enter with a bright, open-concept layout designed for both everyday living and entertaining. This home features 3 spacious bedrooms, 2.5 bathrooms, 9-foot ceilings with an attached garage in a cul de sac. It also offers the perfect blend of modern comfort with flexible areas suited for a growing family. Spacious open floor plan featuring generous living and dining areas. This beautiful kitchen is complete with granite countertops, a center island, custom cabinetry and stainless-steel appliances. Upstairs, retreat to the oversized primary suite boasting a large walk-in closet and a spa-like ensuite bathroom with a stunning shower, separate tub, and dual vanities. All additional bedrooms are well sized and filled with natural light. One of the home’s most distinctive features is its charming double-porch design. Enjoy morning coffee on the expansive front porch or unwind on the full-length second-story porch accessible directly from the primary suite, creating a private outdoor retreat. Just two miles from the new library, downtown, the peanut park and public services. Quality craftsmanship throughout, so don’t miss the opportunity to own this exceptional new home that perfectly blends comfort, style, and functionality.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

4/10
4/10
King's Fork High SchoolGrades 9-123.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Transitional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Electric Water Heater
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Primary Sink-Double,Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Carpet,Ceramic Tile,Laminate/LVP

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Geothermal

Interior Area

  • Total interior livable area: 2,000 sqft

Property

Details

  • Parcel number: 34G17A90

Features

  • Stories: 2
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: Back Yard,Fenced
  • Waterfront features: Not Waterfront

Lot

  • Lot size: 4,356 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage Att 1 Car,Multi Car,Driveway,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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

  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,870$22,440
Home Insurance *$178$2,136
Property Taxes $361$4,332
Electricity $202$2,433
Total$2,611$31,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,520/yr
40% on housing$78,330/yr
45% on housing$69,626/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 23434$156
Suffolk City$178

vs Homes Sold Last Month

Median $/sqft

ZIP 23434$194
Suffolk City$194

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

No price history available

New Construction

AgentHelen Merjos
BrokerageOwn Real Estate LLC

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