Below Appraisal!!!! Experience unparalleled luxury and accessibility in this stunning 4-bedroom, 3.5-bathroom lakefront retreat on Lake Margaret. Designed to blend elegance and ease of living, this home offers breathtaking outdoor and indoor spaces. Enjoy the serene beauty of the lake from multiple vantage points, including a screened porch right on the water's edge, a detached screened gazebo, as well as a spacious rear deck complete with screened porch and fireplace. This home was purposefully designed with wider door frames, zero entry showers and safety features such a grab bars.
Inside, the gourmet kitchen serves as the heart of this open concept home, featuring an oversized island, Wolf gas cooktop, wall ovens, and ample storage. The eat-in kitchen area includes a long counter with a wet bar, perfect for culinary enthusiasts. The family room is a cozy haven with a stunning stone gas fireplace, ideal for warming up on chilly nights. The sophisticated dining room is perfect for hosting dinner parties and special occasions.
The primary suite is a serene retreat with French doors leading to the back deck, a tray ceiling, and two walk-in closets. The luxurious en suite bath includes a zero-entry shower, jetted tub, dual sink areas, and a large window providing ample sunlight. The main level also features two additional bedrooms and a full bath with a low-entry shower. Upstairs, you'll find a fourth bedroom with a walk-in closet and an en suite bath featuring a tub/shower combination. Additionally, there is a flex room with a walk-in closet and extra storage in the walk-in attic.
This dream home in the age restricted community on Lake Margaret offers a harmonious blend of luxury, comfort, and stunning lakefront views, making it the perfect sanctuary for refined living.
Sold for $887,500
$887,500
8137 Lake Margaret Ter, Chesterfield, VA 23838
4beds
2,831sqft
Single Family Residence
Built in 2017
1.1 Acres Lot
$906,500 Zestimate®
$313/sqft
$4,128 Estimated rent
Home value
$906,500
$861,000 - $952,000
$4,128/mo
Zestimate® history
Owner options
List your home for rent
$4,128/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,128/mo
Rent Zestimate®
Refinance and save
$5,665/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,665/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Dawn Wade 303-907-7110,
Hometown Realty
Bought with:
Annette Bashensky, 0225201413
ERA Woody Hogg & Assoc
Source: CVRMLS,MLS#: 2419353
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: Wood flrs,tray ceil,2 WIC,en suite,porch access
- Level: First
- Dimensions: 15.4 x 15.0
Bedroom 2
- Description: Wood flrs, CF
- Level: First
- Dimensions: 13.0 x 13.0
Bedroom 3
- Description: Wood flrs, deck access, CF
- Level: First
- Dimensions: 11.4 x 13.0
Bedroom 4
- Description: Wood flrs, CF, private bath, WIC
- Level: Second
- Dimensions: 13.4 x 15.6
Additional room
- Description: Wood flrs, WIC
- Level: Second
- Dimensions: 14.6 x 10.0
Dining room
- Description: Wood flrs, chandelier, open concept, tray ceiling
- Level: First
- Dimensions: 0 x 0
Other
- Description: Tub & Shower
- Level: First
Other
- Description: Tub & Shower
- Level: Second
Half bath
- Level: First
Kitchen
- Description: Wood flrs, granite counters, Wolf stove, WI pantry
- Level: First
- Dimensions: 11.8 x 31.8
Living room
- Description: Wood floors, FP, CF, recessed lights, open concept
- Level: First
- Dimensions: 0 x 0
Heating
- Electric, Heat Pump, Zoned
Cooling
- Heat Pump, Zoned
Appliances
- Included: Built-In Oven, Double Oven, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Self Cleaning Oven, Stove
- Laundry: Washer Hookup, Dryer Hookup
Features
- Wet Bar, Bedroom on Main Level, Tray Ceiling(s), Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, High Speed Internet, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Cable TV, Wired for Data
- Flooring: Tile, Wood
- Doors: French Doors, Sliding Doors
- Basement: Crawl Space
- Attic: Walk-In
- Number of fireplaces: 2
- Fireplace features: Gas, Stone
Interior area
- Total interior livable area: 2,831 sqft
- Finished area above ground: 2,831
Property
Parking
- Total spaces: 2
- Parking features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Paved, Garage Faces Rear, Garage Faces Side
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessibility Features, Accessible Full Bath, Accessible Bedroom, Grab Bars, Low Threshold Shower, Accessible Doors
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Rear Porch, Screened, Deck, Porch
- Exterior features: Deck, Dock, Hot Tub/Spa, Sprinkler/Irrigation, Lighting, Porch, Paved Driveway
- Pool features: Pool, Community
- Has spa: Yes
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake, Lake Front, Waterfront
- Body of water: Lake Margaret
Lot
- Size: 1.1 Acres
- Features: Waterfront
Details
- Additional structures: Gazebo
- Parcel number: 766641140700000
- Zoning description: R25
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Drywall, Frame, Stone, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2017
Utilities & green energy
- Electric: Generator Hookup
- Sewer: Engineered Septic
- Water: Public
Community & HOA
Community
- Features: Clubhouse, Golf, Home Owners Association, Lake, Playground, Park, Pond, Pool, Putting Green, Tennis Court(s), Trails/Paths
- Senior community: Yes
- Subdivision: The Highlands
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Management
- Services included: Association Management, Clubhouse, Common Areas, Maintenance Grounds, Maintenance Structure
- HOA fee: $250 monthly
Location
- Region: Chesterfield
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $654,300
- Annual tax amount: $5,535
- Date on market: 12/14/2025
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2024 | Sold | $887,500-4.1%$313/sqft |
Source:  CVRMLS #2419353 Report a problem | ||
| 9/10/2024 | Pending sale | $925,000$327/sqft |
Source: CVRMLS #2419353 Report a problem | ||
| 9/6/2024 | Price change | $925,000-4.6%$327/sqft |
Source: CVRMLS #2419353 Report a problem | ||
| 9/5/2024 | Price change | $970,000-0.5%$343/sqft |
Source: CVRMLS #2419353 Report a problem | ||
| 8/2/2024 | Listed for sale | $975,000+38.3%$344/sqft |
Source: CVRMLS #2419353 Report a problem | ||
| 11/20/2017 | Sold | $704,893+302.8%$249/sqft |
Source: Public Record Report a problem | ||
| 3/28/2017 | Sold | $175,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,391 +8.5% | $718,100 +9.8% |
| 2024 | $5,889 +6.4% | $654,300 +7.6% |
| 2023 | $5,536 +1.8% | $608,300 +2.9% |
| 2022 | $5,440 +3.3% | $591,300 +6.7% |
| 2021 | $5,267 +3.2% | $554,400 +3.2% |
| 2020 | $5,104 -1.4% | $537,300 -1.4% |
| 2019 | $5,175 +6.3% | $544,700 +6.9% |
| 2018 | $4,867 | $509,700 +239.8% |
| 2017 | -- | $150,000 |
Find assessor info on the county website
Neighborhood: 23838
Nearby homes
- $870,0003 bd3 ba3.5k sqft8143 Lake Margaret Ter, Chesterfield, VA 23838Sold
- $126,1001.19 Acres8131 Lake Margaret Ter, Chesterfield, VA 23838Off Market
- $--1 bd1 ba106 sqft8201 Woodpecker Rd, Chesterfield, VA 23838Off Market
- $--10.29 Acres8201 Woodpecker Rd, Chesterfield, VA 23838Off Market
- $210,0001.11 Acres8149 Lake Margaret Ter, Chesterfield, VA 23838Sold
- $762,0003 bd3 ba4k sqft8125 Lake Margaret Ter, Chesterfield, VA 23838Off Market
- $679,9904 bd4 ba3.1k sqft8119 Lake Margaret Ter, Chesterfield, VA 23838Sold
- $780,6004 bd3 ba3.1k sqft8155 Lake Margaret Ter, Chesterfield, VA 23838Off Market
Nearby schools
GreatSchools rating
- 6/10Ettrick Elementary SchoolGrades: PK-5Distance: 7.8 mi
- 4/10Matoaca Middle SchoolGrades: 6-8Distance: 5.3 mi
- 4/10Matoaca High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Ettrick
- Middle: Matoaca
- High: Matoaca
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$906,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$906,500
- Virginia
- Chesterfield County
- Chesterfield
- 23838
- 8137 Lake Margaret Ter
Nearby cities
Nearby zip codes
Other Chesterfield Topics
