Welcome to this exceptional waterfront home in the highly sought after 55+ community of Lake Margaret, where low-maintenance living meets luxury design. Boosting 3,524 sq ft of thoughtfully designed space, this lightly lived-in home offers stunning water views and upscale finishes throughout.
As you step inside you are greeted with open concept floor plan with soaring 9 ft ceilings and luxury vinyl plank flooring. The heart of the home is a gourmet kitchen featuring large center island, soft close cabinetry, granite countertops, tile backsplash, and premium stainless steel GE cafe appliances, including 36 inch, 6 burner gas cooktop perfect for entertaining or everyday living.
The spacious family room is anchored by a beautiful gas fireplace with stone finishes that flows seamlessly to a screened porch with attached grilling deck where you can relax and enjoy serene waterfront views.
The main level primary suite is a true retreat, offering a spa like bath with a zero entry ceramic tile shower, dual vanities and bidet. Did I mention the luxury walk-in closet with custom built-ins and a center island offering exceptional storage.
Two additional bedrooms as well as an office at the front of the home provide flexibility for guests or work-from home needs.
Upstairs the expansive rec room and half bath provide a great entertaining experience. A large unfinished storage area could be converted into a 4th bedroom and the half bath converted to full bath for more potential customization.
Additional highlights:
Three car garage with wheelchair lift
240V/50amp EV charging connection
Electrical system sized to 400 amps
Whole-house generator for peace of mind
Encapsulated crawlspace
Smart home features throughout
This home perfectly blends comfort, accessibility, and modern efficiency in a peaceful waterfront setting. Don't miss the opportunity to make if yours! Schedule a tour today.
Sold for $870,000
$870,000
8143 Lake Margaret Ter, Chesterfield, VA 23838
3beds
3,524sqft
Single Family Residence
Built in 2022
1.08 Acres Lot
$870,600 Zestimate®
$247/sqft
$4,042 Estimated rent
Home value
$870,600
$827,000 - $914,000
$4,042/mo
Zestimate® history
Owner options
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$5,452/mo
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$5,452/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Robin Heath 804-370-3267,
Napier REALTORS ERA
Bought with:
Carrie Shelton, 0225268581
Real Broker LLC
Source: CVRMLS,MLS#: 2606656
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Other
- Description: Tub & Shower
- Level: First
Half bath
- Level: Second
Heating
- Electric, Heat Pump, Natural Gas
Cooling
- Central Air
Appliances
- Included: Built-In Oven, Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Humidifier, Microwave, Oven, Refrigerator, Range Hood, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Walk-In Closet(s), Window Treatments
- Flooring: Partially Carpeted, Tile, Wood
- Windows: Window Treatments
- Has basement: No
- Attic: Partially Finished
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total interior livable area: 3,524 sqft
- Finished area above ground: 3,524
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached, Driveway, Garage, Off Street, Paved
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Full Bath, Accessible Bedroom, Low Threshold Shower, Stair Lift
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Front Porch, Patio, Screened
- Exterior features: Paved Driveway
- Pool features: Pool, Community
- Fencing: None
- On waterfront: Yes
- Waterfront features: Lake, Lake Front, Waterfront
- Body of water: Lake Margaret
Lot
- Size: 1.08 Acres
- Features: Cul-De-Sac, Landscaped, Waterfront
Details
- Parcel number: 766641051500000
- Zoning description: R25
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence
Materials
- Block, Drywall, Frame, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Engineered Septic
- Water: Public
Community & HOA
Community
- Features: Basketball Court, Boat Facilities, Common Grounds/Area, Clubhouse, Golf, Home Owners Association, Lake, Maintained Community, Playground, Park, Pond, Pool, Street Lights, Tennis Court(s), Trails/Paths, Sidewalks
- Senior community: Yes
- Subdivision: Lake Margaret
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Management
- Services included: Common Areas, Maintenance Structure, Pool(s), Recreation Facilities
- HOA fee: $250 monthly
Location
- Region: Chesterfield
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $796,000
- Annual tax amount: $7,084
- Date on market: 4/14/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $870,000$247/sqft |
Source:  CVRMLS #2606656 Report a problem | ||
| 6/2/2026 | Pending sale | $870,000$247/sqft |
Source: CVRMLS #2606656 Report a problem | ||
| 3/18/2026 | Listed for sale | $870,000-2.8%$247/sqft |
Source: CVRMLS #2606656 Report a problem | ||
| 1/16/2026 | Listing removed | $895,000$254/sqft |
Source: CVRMLS #2528358 Report a problem | ||
| 10/9/2025 | Listed for sale | $895,000-3.8%$254/sqft |
Source: CVRMLS #2528358 Report a problem | ||
| 10/8/2025 | Listing removed | $930,000$264/sqft |
Source: CVRMLS #2522133 Report a problem | ||
| 9/8/2025 | Price change | $930,000-3.5%$264/sqft |
Source: CVRMLS #2522133 Report a problem | ||
| 8/12/2025 | Listed for sale | $964,000+423.3%$274/sqft |
Source: CVRMLS #2522133 Report a problem | ||
| 7/9/2021 | Sold | $184,200$52/sqft |
Source: CVRMLS #2115585 Report a problem | ||
| 6/21/2021 | Pending sale | $184,200$52/sqft |
Source: CVRMLS #2115585 Report a problem | ||
| 5/25/2021 | Listed for sale | $184,200$52/sqft |
Source: CVRMLS #2115585 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,084 +3.1% | $796,000 +4.3% |
| 2024 | $6,870 +6.9% | $763,300 +8.1% |
| 2023 | $6,426 +196% | $706,200 +199.2% |
| 2022 | $2,171 +22.9% | $236,000 +26.9% |
| 2021 | $1,767 | $186,000 |
| 2020 | $1,767 | $186,000 |
| 2019 | $1,767 +23.2% | $186,000 +23.2% |
| 2018 | $1,435 | $151,000 +0.7% |
| 2017 | -- | $150,000 |
Find assessor info on the county website
Neighborhood: 23838
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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.
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Estimated market value
$870,600
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
$870,600
- Virginia
- Chesterfield County
- Chesterfield
- 23838
- 8143 Lake Margaret Ter
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