Water Views - Golf Course - Primary on Main - Adult 55+
Address
8136 Lake Margaret Terrace, Chesterfield, VA
Price
$ 749,900
Property Attributes
- MLS#2622891
- TypeSingle Family
- Listing Status Active
- CountyChesterfield
- CityChesterfield
- Area54 - Chesterfield
- NeighborhoodThe Highlands
- Zip23838
- Style
- Year Built2022
- Taxes$ 6038
- Price$ 749,900
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4077
- Lot Size1.805 Acres
Data Source:
Central Virginia Regional MLS (CVRMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Ettrick Elementary School | Matoaca Middle School | Matoaca High School |
| Price History | |
|---|---|
| 8/21/2026 | Listed $749,900 |
General Features
| 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
Property vs Single Family Average in 23838
Price
Taxes
Year Built
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
All MLS listings are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All
Charlottesville Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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