2-bedroom, 1.5-bathroom
Classic One-Level Bungalow with Wraparound Deck – Prime Restoration Opportunity
Located in the heart of Chesapeake, this 2-bedroom, 1.5-bathroom bungalow presents an exceptional opportunity for buyers, renovators, and investors seeking an affordable property with tremendous upside potential. Built in 1943 and offering 1,031 square feet of interior living space, this single-story home is ready to be restored and customized with your own personal design touches. With all living areas conveniently situated on one level, a wraparound deck, covered front porch, and a manageable lot size, this property provides the ideal foundation for a thoughtful renovation project.
From the moment you approach the home, its classic bungalow charm becomes evident. The inviting covered front porch offers a welcoming space to relax, greet guests, or enjoy a quiet morning coffee. Extending beyond the porch, the wraparound deck enhances the outdoor living potential, creating additional areas for entertaining, grilling, container gardening, or simply unwinding outdoors. These exterior features add character and usability, making the property feel larger and more versatile than its footprint might suggest.
The home sits on a 3,049.2 square foot lot with dimensions of approximately 33 x 33 x 92 x 92. This manageable size ensures low exterior maintenance while still providing enough outdoor space for personalization. Whether you envision creating a cozy backyard retreat, adding decorative landscaping, or designing a small outdoor entertainment area, the lot offers flexibility without overwhelming upkeep. For buyers seeking a low-maintenance property with renovation potential, this balance is especially appealing.
Inside, the layout is practical and efficient. The living room, measuring 22 by 12 feet, serves as the central gathering space of the home. Its generous length provides flexibility in furniture arrangement and design possibilities. With the right updates—such as fresh paint, new flooring, and updated lighting—this room could easily become a bright and comfortable focal point for everyday living or entertaining guests.
Adjacent to the living room is the kitchen, which measures 14 by 11 feet. Designed as a country kitchen, this space offers room for cabinetry expansion, modern appliances, and improved storage solutions. Whether you prefer a farmhouse-inspired aesthetic, a contemporary refresh, or a blend of both, the kitchen provides a solid starting point for customization. Its size allows for creative redesign possibilities, potentially including an eat-in dining space or upgraded countertops and fixtures.
The dining room is located on the main level as well, offering dedicated space for shared meals and gatherings. Though dimensions are not specified, this area contributes to the home’s functional layout and presents another opportunity for design enhancements. Open-concept adjustments or improved lighting could significantly elevate the overall feel of the interior.
The primary bedroom measures 12 by 12 feet and is located on the main level, ensuring easy accessibility. This room provides a comfortable footprint for a standard bedroom setup, including space for a queen-sized bed, dressers, and storage solutions. Bedroom two, measuring 12 by 9 feet, also sits on the main level and can function as a guest room, home office, nursery, or flex space depending on your needs. With thoughtful updates such as new flooring, paint, and fixtures, both bedrooms can be transformed into inviting and restful retreats.
The home includes one full bathroom and one half bath, offering practical convenience for residents and guests. Renovating these spaces with updated vanities, tile work, and fixtures can significantly enhance both comfort and property value. Even modest upgrades in bathrooms often yield strong returns, making this an attractive aspect for investors and homeowners alike.
Heating is provided by forced air gas, and the home includes central air conditioning—an important feature for year-round comfort. These systems offer a strong foundation for interior climate control, though buyers may consider servicing or updating components as part of a broader renovation plan. The property also includes a partial basement, which can be used for storage or utility access. This additional space increases functionality and provides access to systems for maintenance or improvement.
Constructed with frame materials and finished with drywall and plaster, the home reflects typical building practices of the early 1940s. The composition shingle roof adds durability and protection from the elements. With proper restoration and maintenance, these structural components can continue to serve reliably for years to come.
Utilities include public water and a septic tank sewer system. The absence of a homeowners association (HOA) offers additional flexibility, allowing owners to make improvements and modifications without restrictive oversight. This freedom is especially appealing for those looking to renovate creatively or tailor the property to their personal preferences.
Financially, the property stands out for its affordability. Priced at just $10 per square foot, it represents one of the more budget-friendly opportunities in the market. With a tax assessed value of $63,000 and annual property taxes of approximately $570, holding costs remain relatively low. For investors, this creates potential for significant value appreciation through strategic renovations. For first-time buyers or those seeking a project home, the entry price offers an accessible pathway into homeownership.
The single-story architectural style ensures ease of access and simplified daily living. Without stairs separating living spaces, the layout is ideal for individuals seeking convenience or planning for long-term accessibility. This practical design also simplifies remodeling efforts, as structural modifications may be more straightforward compared to multi-level homes.
Beyond the structure itself, the location within Chesapeake provides proximity to local amenities while maintaining a small-town feel. Residents can access shopping, schools, dining, and recreational opportunities within a short distance. The manageable lot and central location create a balance between community connection and private residential comfort.
This bungalow is not move-in ready—it is a canvas awaiting your vision. Buyers should anticipate making repairs and updates, but the reward lies in transforming a dated property into a personalized home or profitable investment. Renovations could include updating flooring throughout, modernizing the kitchen and bathrooms, refinishing the deck, refreshing exterior paint, and enhancing landscaping. With thoughtful planning and execution, the property’s value and appeal can increase substantially.
In today’s market, opportunities at this price point are increasingly rare. The combination of single-level living, wraparound deck, covered porch, central air, forced air gas heating, and renovation potential makes this property particularly compelling. Whether you are a seasoned investor searching for your next project, a first-time buyer eager to build equity, or a homeowner with a passion for restoration, this Chesapeake bungalow offers the chance to create something truly special.
Affordable, customizable, and filled with potential, this one-story home is ready for its next chapter. With vision, creativity, and care, it can be restored into a charming residence that reflects your style and meets your needs for years to come.
Listed on Zillow
