About This Home

This 4-bedroom, 3-bathroom single family at 8142 Lake Margaret Terrace in Chesterfield, VA is listed for $789,990 ($242 per sqft). Built in 2026, the home offers 3,266 sqft of living space on a 1.85 acres lot.

Key Features

  • Built in 2026
  • 1.85 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full
2-car garage
2026

Amenities

FireplaceA/C
Listing Description

This home is MOVE-IN READY! The Caldwell features four bedrooms, three full baths, a two-car garage, and a finished walkout basement. As you step inside, you'll be greeted by the formal dining room featuring a tray ceiling directly off the foyer. The kitchen features an island, pantry, granite countertops, stainless steel appliances, and LED recessed lighting.

A separate breakfast area adjoining the kitchen leads into the sunroom, which provides access to the composite deck. The spacious family room features a gas fireplace. The first-floor primary suite offers a tray ceiling, two walk-in closets, and an ensuite bath with a LUXURY shower and double vanity.

Bedrooms two and three, with double door closets, share a full bath with a 4' shower. A spacious laundry room completes the first floor. The finished walkout basement offers a large rec room and a fourth bedroom with direct access to a full bath featuring a 4' shower.

Two large unfinished storage areas complete the home. Lake Margaret residents enjoy scenic walking trails, a playground, and access to two lakes spanning over 100 acres - ideal for fishing, paddling, and canoeing. Optional memberships at The Highlands unlock resort-style amenities including an 18-hole golf course, three lakefront pools, and clubhouse access.

Conveniently located between Richmond and Petersburg with easy access to shopping, dining, and everyday essentials. This is a 55+ age-restricted community designed for residents seeking a welcoming, low-maintenance lifestyle. Please note that no one under the age of 19 may reside in the home as a permanent resident, in accordance with the community's age restrictions.

Monthly Cost Estimate

$4,485/mo

20% down · 6.5% · 30 years

Principal$571
Interest$3,423
Insurance$230
HOA$260

Estimates only. Actual payments may vary.

Location

8142 Lake Margaret Terrace

Chesterfield, VA 23838

Lake Margaret

Features & Amenities

Interior Features

BedroomOnMainLevelTrayCeilingsDiningAreaDoubleVanityEatInKitchenEnSuiteBathroomFullBathOnMainLevelGraniteCountersHighCeilingsKitchenIslandBathInPrimaryBedroomMainLevelPrimaryPantryRecessedLightingWalkInClosets

Exterior Features

DeckPorchPavedDriveway

Property Details

Flooring

TileCarpetWood

Construction

Block Drywall Frame Stone VinylSiding

Outdoor Features

DeckPorch

Parking

DrivewayGarage

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherGasCookingDisposalGasWaterHeaterMicrowaveOvenStoveTanklessWaterHeater

Questions & Answers

This 4-bedroom, 3-bathroom single family at 8142 Lake Margaret Terrace is listed at $789,990 ($242/sqft). The estimated monthly payment is $4,485 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $260/month.

Key features include: Built in 2026, 1.85 acre lot, 2 stories, Fireplace. Interior Features: BedroomOnMainLevel, TrayCeilings, DiningArea. Exterior Features: Deck, Porch, PavedDriveway.

This property is listed by Kim Sebrell.

KS

Kim Sebrell

License 0225211821

Agent at Richmond Equity Ventures, LLC

Listed by Richmond Equity Ventures, LLC · Broker phone: (804) 282-5901 · View on Broker Site · Broker website

MLS# 2609203· Source: Central Virginia Regional Multiple Listing Service· 206 days on PropertySimple

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8142 Lake Margaret Terrace, Chesterfield, VA 23838

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