2,380 SQ FT RANCH + IN-LAW SUITE + DETACHED GARAGE 1408 ELDER AVENUE CHESAPEAKE VA 23325

2,380 SQ FT RANCH + IN-LAW SUITE + DETACHED GARAGE

High-potential value-add opportunity in Chesapeake. This 1954-built ranch offers a massive footprint and a unique layout perfect for a multi-generational setup or a rental conversion. Property is being sold strictly AS-IS.

Main House: * 3 Bedrooms / 1 Full Bath.

1. Large living room with brick fireplace, built-in shelving, and knotty pine paneling.
2. Original hardwood floors throughout.
3. Kitchen features solid pine cabinets and updated stainless steel refrigerator.
4. Bonus: An additional full bathroom is located in the garage area.

Attached In-Law Suite: * Private exterior entrance.

1. Includes a living area, kitchenette, and 1 Bedroom / 1 Full Bath.
2. Note: Features a tandem bonus room off the bedroom (no closet; must walk through primary bedroom to access).

Exterior & Lot:

1. .344 Acre lot with a detached garage/workshop in the rear.
2. Extensive wooden wrap-around ramp for accessibility.
3. Paved/gravel driveway with ample parking.

Summary: Total of 4 Bedrooms and 3 Full Baths across the entire structure. With nearly 2,400 sq ft, there is plenty of equity to be gained.

Auction Closing Date:

Saturday May 9th 2026 at 2:00pm EST

Bidding:

1. Approved registered bidders may issue a sealed bid up to the auction time and date, if sealed bid is accepted, the auction will be cancelled.
2. Bid online now and during the auction

Auction Location:

1408 Elder Avenue Chesapeake VA 23325

Starting Bid:

Only $300,000

Brokers Are Protected:

Call for Details 757-482-7192

Buyer's Premium:

10% Buyer's Premium will be added to final acceptable bid to form the contract price.

Register To Bid:

Bidders may register online now or call with any questions 757-482-7192. All bidders must be registered on or before Friday May 8th 2026 @ 5pm

Deposit:

$5,000 Deposit will be due immediately after the auction.

Agency Disclosure:

The member company acting as auctioneer/agent is an agent for the seller only

Disclaimer:

Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Title/Deed:

We guarantee a free and clear deed and title to the property.

Contact Us:

Coastal Real Estate & Auction Group

757-482-7192

info@coastalauctiongroup.com

Disclaimer & Due Diligence Notice

Information Accuracy: All information provided regarding this property—including but not limited to square footage, room counts, lot size, property condition, and utility availability—is deemed reliable but is not guaranteed. Coastal Real Estate & Auction Group and its agents have relied on third-party sources and public records; however, all information is subject to independent verification.

"As-Is" Sale: This property is being sold strictly in its current "AS-IS, WHERE-IS" condition, with all faults. No warranties or representations, expressed or implied, are made by the Seller or the Auctioneer/Broker concerning the property’s condition, value, or suitability for a particular use.

Bidder Responsibility: It is the sole responsibility of the bidder/buyer to conduct their own independent inspections, lead-based paint testing (if applicable), title searches, and due diligence prior to placing a bid or submitting a sealed offer. Failure to inspect the property does not constitute grounds for the withdrawal of a bid or the cancellation of a sale.

Auction Terms: All bids are subject to the terms and conditions outlined in the Bidder’s Package. A 10% Buyer’s Premium will be added to the high bid to determine the final contract price.

Auctioneer Firm License #290800109