8136 Lake Margaret Terrace

Chesterfield, VA
$ 749,900 Beds 4 Baths 4 Sq 4,077 Virtual Tour
Monthly Estimate* How much can I afford?

Nearly two acres, more than 4,000 square feet, and a home that is just a few years old—8136 Lake Margaret Terrace brings together a combination that can be hard to find in Chesterfield. Built in 2022, the home offers generous living space across multiple levels, a first-floor primary suite, finished walk-out basement, and an oversized three-car garage, all within the amenity-rich Lake Margaret community. Step inside to soaring ceilings, elegant millwork, custom built-ins, coffered ceilings, and abundant natural light that give the home a polished yet comfortable feel. The open layout keeps the main living spaces connected, with a spacious kitchen featuring extensive cabinetry, premium appliances, gas cooking, double wall ovens, generous workspace, and an oversized island at the center of it all. The first-floor primary suite includes a spacious walk-in closet and spa-inspired bath, while additional bedrooms and full baths provide flexibility for family, guests, or work-from-home needs. Downstairs, the finished walk-out basement adds another level of usable living space with plenty of room to make it your own. Just off the main level, a screened covered deck overlooks the expansive backyard and creates an easy connection to the outdoors. An oversized three-car side-load garage, large paved driveway, irrigation system, walk-in attic, and abundant storage add the kind of practical space that is often hard to find. Beyond the home, Lake Margaret offers a lifestyle all its own. Residents enjoy a clubhouse, pool, tennis and basketball courts, playgrounds, jogging paths, a boat ramp and dock, RV and boat storage, putting green, lake access, and beautifully maintained common areas. Yard maintenance and landscaping are included through the HOA, leaving more time to enjoy the community and everything nearby, with shopping, dining, and major routes throughout Chesterfield within easy reach.

Active

  • Price
  • $ 749,900
  • City
  • Chesterfield
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • Chesterfield
  • Half Bathrooms
  • 0
  • Area
  • 54 - Chesterfield
  • Lot Size
  • 1.805 Acres
  • Zip
  • 23838
  • Sqr Footage
  • 4,077
  • Year Built
  • 2022
  • Taxes
  • $ 6038
  • Style
  • MLS#
  • 2622891
Listed By: Lyndsay Jones with Real Broker LLC.
Data Source: Central Virginia Regional MLS (CVRMLS)

Features

General

Interior Features Bookcases,Built-in Features,Bedroom on Main Level,Breakfast Area,Ceiling Fan(s),Separate/Formal Dining Room,Double Vanity,Eat-in Kitchen,Granite Counters,High Ceilings,Jetted Tub,Kitchen Island,Bath in Primary Bedroom,Main Level Primary,Pantry,Recessed Lighting,Walk-In Closet(s)
Sewer Septic Tank
Heating Electric,Zoned
Cooling Central Air,Electric,Zoned
Possession Close Of Escrow
Roof Shingle
Appliances Built-In Oven,Cooktop,Double Oven,Dryer,Dishwasher,Exhaust Fan,Freezer,Gas Cooking,Disposal,Instant Hot Water,Microwave,Range,Refrigerator,Range Hood,Tankless Water Heater
Exterior Features Deck,Sprinkler/Irrigation,Porch,Storage,Paved Driveway
HOA 260
Garage Spaces 3
Association Fee Includes Association Management,Clubhouse,Common Areas,Maintenance Grounds,Maintenance Structure,Pool(s),Recreation Facilities,Snow Removal
Patio/Porch Features Front Porch,Screened,Deck,Porch
Architectural Style Two Story
Pool Features Pool,Community
Security Features Smoke Detector(s)
Construction Materials Drywall,Frame,Hardboard,Vinyl Siding
Pets Allowed Yes
Year Built 2022
View Water
Topography Level
Levels One and One Half
Property SubType Single Family Residence
Tax Year 2025
Percent Ownership Individuals
Community Features Basketball Court,Boat Facilities,Common Grounds/Area,Clubhouse,Dock,Golf,Lake,Maintained Community,Playground,Pond,Pool,Putting Green,Tennis Court(s),Trails/Paths
Assoc Fee Paid Per Monthly
County Chesterfield
New Construction false
Property Type Residential
Association Amenities Landscaping,Management
Home Owner Assoc true
Attached Garage true
Subdivision Name The Highlands
Garage Y/N true
Other Structures Garage(s),Storage
Total Rooms 9
Full Baths 4
Status Active
Directions From Iron Bridge Rd: Turn Right on Nash. Turn Left on Woodpecker Rd. Turn Right onto Lake Margaret Dr. Turn Right onto Lake Margaret Ter. Property will be on the Right.
High School Matoaca
View Y/N true
Senior Community Y/N true
Zoning Description R25
MLS Area 54 - Chesterfield
Lot Size Units Acres
Waterfront Y/N false
Elementary School Ettrick
Year Built Details Actual
Tax Annual Amount 6038.65
Middle/Junior High School Matoaca
Property Condition Resale
Virtual Tour https://listings.lighthousevisuals.com/videos/019eb18e-c9f6-708e-91d2-2dcc5c8b852f
Days on Market 2
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 712000
Ownership Type Sole Proprietor
Property Sub Type Additional Single Family Residence

Interior Features

Basement Full,Walk-Out Access
Flooring Partially Carpeted,Wood
Total Fireplaces 1
Fireplace Features Gas
Total Stories 1
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N true
Total Bedrooms 4
Below Grade Finished Area 1065
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Fencing None
Parking Features Attached,Driveway,Finished Garage,Garage,Garage Door Opener,Off Street,Oversized,Paved,Garage Faces Rear,Garage Faces Side,Boat,RV Access/Parking
Lot Features Landscaped,Level
Water Source Public
Lot Size Area 1.805
Lot Size Acres 1.805
Door Features Sliding Doors

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ashland, VA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Ettrick Elementary School
Middle School Matoaca Middle School
High School Matoaca High School

Price History

8/21/2026 Listed $749,900

Property vs Zip Code Average in 23838

Price
AVG $710K
$750K
Taxes
AVG $4,720
$6,038
Year Built
AVG 2008
2022

In The Neighborhood

Areas That We Cover

8136 Lake Margaret Terrace Chesterfield, VA is a Single Family Home for sale at $749900 with 4077 sqft and a lot size of 1.805 Acres Acre(s). 8136 Lake Margaret Terrace Chesterfield has 4 bedrooms, 4 baths and was built in 2022. The property's zip code is 23838 which is in Chesterfield, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Charlene Mitchell

Charlene Mitchell

804-294-3211

Find your home's value