5116 Cheshire Drive

Hopewell VA 23860

1920 sq. ft.

0.55 ac.

Single-Family

Last sold for $160,000

Tara Adams, last sold this property on 24 June 2026 after 27 days on market.

Overview

Opportunities like this don't announce themselves they reward the investors paying attention. A tri-level with exceptional bones, 2,496 finished square feet, an attached 2-car garage, a finished basement, and a private half-acre lot, all offered as-is in one of the most resilient rental corridors in Virginia. Walk it with your contractor. The structure will impress you. The canvas, kitchen, baths, finishes, mechanicals is exactly what experienced investors look for: a defined scope with a predictable path to a fully repositioned asset. No guesswork. No surprises hiding in the walls. "An unfinished room above the garage is the kind of detail that separates a good deal from a great one finish it as a 4th bedroom or flex suite and the ARV conversation changes entirely." Prince George County is not a secret anymore, but value at this level still is. Fort Gregg-Adams 4 miles west anchors a military rental market that other investors spend careers chasing: steady tenants, low vacancy, demand that doesn't soften when the broader market does. Richmond is 30 minutes north. The fundamentals here are as strong as the structure. Offered as-is to a buyer who knows what they're looking at. Showings begin immediately serious inquiries only.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1920 sq. ft. floor area

0.55 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Hopewell over the last 12 months, the estimated median property value of 5116 Cheshire Drive is $245k.

Median value

$245k

Estimated value range

$70k - $613k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Hopewell. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5116 Cheshire Drive

2026

Sold

$160,000

24 Jun 2026 by Tara Adams, of Keller Williams Realty

Happy sellers in Hopewell

We have insufficient information to provide an overview of customer satisfaction for Hopewell. Viewing the agent profiles, reviews and sales for Hopewell can provide insights for this location.