8143 Lake Margaret Terrace Chesterfield, VA 23838
The Highlands NeighborhoodEstimated payment $6,118/month
Total Views
528
3
Beds
2.5
Baths
3,524
Sq Ft
$274
Price per Sq Ft
Highlights
- Lake Front
- Community Boat Facilities
- Senior Community
- Golf Course Community
- Outdoor Pool
- Community Lake
About This Home
Looking for peace and tranquility? Here it is with this property, IMAGE coffee in hand, sitting on the screened in porch watching the sun rays dance off the water. It does not get any better. You can own this beautiful lightly used 2-year-old waterfront home. Property is meticulously maintained inside and out, showcasing attractive curb appeal with beautifully landscaped gardens in the wonderful neighborhood of Lake Margaret. Step inside to first-floor living with open-concept layout, featuring 9-foot ceilings, beautiful LVP floors, 3-bedrooms and 2.1-bathrooms. Currently, 1 bedroom is outfitted as a craft room with large closet, however is easily transformed back to a bedroom. At the heart of the home is a gourmet kitchen boasting soft-close cabinetry, granite countertops, a tile backsplash, stainless steel GE Profile appliances, 36” gas cooktop, and a walk-in pantry. An oversized island connects the kitchen, family, breakfast nook and dining areas creating an ideal space for entertaining and daily living. The family room is anchored by a gas fireplace with stone finishes, leading to screened porch and grilling deck. There is an awesome water view from every window on the back of the house creating the perfect blend of indoor and living. The owner’s suite with spa-like ensuite bath offers a zero-entry ceramic-tiled shower, dual vanities, and bidet. Office/study located in the front of the house offers the perfect workspace. Second floor offers a huge Rec/Game room or potential 4th bedroom with a half bath which could be expanded to a full bath easily. There is an large unfinished area for storage or could be finished as an additional room. Also featured is a 3-car garage with wheelchair lift, 240V, 50amp electrical connection for EV charging. The house electrical system sized at 400 amps to accommodate rapid charging and whole house generator. Other items: conditioned crawl space, remotely controlled garage door openers, generator, smart thermostats, and kitchen appliances with phone apps and wi-fi.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,084
Year Built
- Built in 2022
Lot Details
- 1.08 Acre Lot
- Lake Front
- Cul-De-Sac
- Landscaped
- Zoning described as R25
HOA Fees
- $250 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Driveway
- Off-Street Parking
Home Design
- Transitional Architecture
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 3,524 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Window Treatments
- Separate Formal Living Room
- Screened Porch
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Double Vanity
Laundry
- Dryer
- Washer
Accessible Home Design
- Accessible Full Bathroom
- Low Threshold Shower
- Accessible Bedroom
- Stair Lift
Outdoor Features
- Outdoor Pool
- Patio
Schools
- Ettrick Elementary School
- Matoaca Middle School
- Matoaca High School
Utilities
- Humidifier
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Power Generator
- Gas Water Heater
- Engineered Septic
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 766-64-10-51-500-000
Community Details
Overview
- Senior Community
- Lake Margaret Subdivision
- Maintained Community
- Community Lake
- Pond in Community
Amenities
- Common Area
- Clubhouse
Recreation
- Community Boat Facilities
- Golf Course Community
- Tennis Courts
- Community Basketball Court
- Community Playground
- Community Pool
- Park
- Trails
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,109 | $796,000 | $186,000 | $610,000 |
| 2024 | $7,109 | $763,300 | $186,000 | $577,300 |
| 2023 | $6,426 | $706,200 | $186,000 | $520,200 |
| 2022 | $2,171 | $236,000 | $186,000 | $50,000 |
| 2021 | $1,767 | $186,000 | $186,000 | $0 |
| 2020 | $1,767 | $186,000 | $186,000 | $0 |
| 2019 | $1,767 | $186,000 | $186,000 | $0 |
| 2018 | $1,437 | $151,000 | $151,000 | $0 |
| 2017 | $1,440 | $150,000 | $150,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $964,000 | +423.3% | $274 / Sq Ft |
| 07/09/2021 07/09/21 | Sold | $184,200 | 0.0% | -- |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $184,200 | -- | -- |
Source: Central Virginia Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $184,200 | Attorney |
Source: Public Records
Similar Homes in Chesterfield, VA
Source: Central Virginia Regional MLS
MLS Number: 2522133
APN: 766-64-10-51-500-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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