Watermark is the rare Richmond community where three national-scale builders sell simultaneously, which makes it less a neighborhood tour than a live pricing experiment: Eastwood townhomes from the low $300s, D.R. Horton single-family from $359,490, and Lennar single-family from $467,990 to $537,090, all inside one Chesterfield master plan with a clubhouse, an Olympic-size pool, and Cosby’s Lake at the center. If you want to understand what each price tier buys you in 2026, you can walk it here in an afternoon.
Daniel Yoon is a Certified New Home Co-Broker (NHCB) representing buyers on new construction across the Richmond metro, including Chesterfield.
Who builds what at Watermark
| Builder | Product | Pricing (Aug 2026) |
|---|---|---|
| Eastwood Homes | Townhomes and single-family | Townhomes from the low $300s; single-family from the low $400s |
| D.R. Horton | Single-family | From $359,490 |
| Lennar | Single-family | $467,990 to $537,090 |
Full profiles: Eastwood, D.R. Horton, and Lennar, plus the direct Lennar vs D.R. Horton comparison, since Watermark is one of only two communities where they meet. Current inventory from all three is on our new home search at showingnew.com/dyoonnewhomes.
Reading the price ladder
The $100,000-plus spread between Horton’s and Lennar’s single-family is mostly explained by size, section, and included features rather than build quality mystique. Horton’s product is its leaner-spec express lineup: smaller footprints, base finishes, refrigerator and blinds usually extra. Lennar’s Watermark homes are larger and carry its Everything’s Included package, appliances and blinds in the list price. Eastwood sits in the middle on price and, in our experience, wins the included-finish comparison at its tier, with its 1-2-10 warranty insured through Centricity plus a 5-year HVAC parts commitment, the strongest published warranty of the three. The right move is the same one we recommend at every multi-builder community: collect all three included-features sheets and compare price per equipped square foot, not from prices.
Amenities, fees, and the assessment question
The amenity package centers on the clubhouse, the Olympic-size pool, and Cosby’s Lake with its trail network. Before you write an offer, get two numbers in writing from the sales office: the HOA dues for your specific product (townhome and single-family fees differ, and published figures vary by section), and whether your lot sits in any community development authority or special assessment district. Several large Chesterfield master plans fund infrastructure through assessments that appear on the tax bill rather than the HOA statement, and similar districts have added several hundred dollars a year in this corridor. Neither number is a reason to walk away; both are numbers you want before, not after.
Schools and location
Current listings zone Watermark to Hopkins Elementary, Falling Creek Middle, and L.C. Bird High; Chesterfield adjusts boundaries in growing corridors, so confirm your section’s assignment with the county before contract. The location trade is central Chesterfield convenience: Route 288 and Chippenham access puts most of the county’s employment within 25 minutes, downtown Richmond runs about 20 to 25 minutes, and you are ten minutes from the Iron Bridge and Courthouse Road retail corridors. Against the Moseley communities like Magnolia Green and Harpers Mill, Watermark trades the Cosby school pipeline and newer-suburb polish for shorter commutes and lower entry prices.
Frequently asked questions
Who are the builders at Watermark in Chesterfield VA? Eastwood Homes (townhomes from the low $300s and single-family from the low $400s), D.R. Horton (single-family from $359,490), and Lennar (single-family from $467,990 to $537,090) as of August 2026.
What amenities does Watermark have? A clubhouse, an Olympic-size pool, and Cosby’s Lake with walking trails, with the community built around the lake.
What schools serve Watermark? Listings show Hopkins Elementary, Falling Creek Middle, and L.C. Bird High. Confirm your section’s assignment with Chesterfield County Public Schools, since boundaries in growing corridors change.
Which Watermark builder has the best warranty? Eastwood publishes the strongest terms of the three: a 1-2-10 structure insured through Centricity, plus a 5-year HVAC parts commitment and a 50-year window seal warranty. Lennar and D.R. Horton carry standard 1-2-10 coverage.
Is Watermark cheaper than Magnolia Green or Harpers Mill? Its entry prices are generally lower: townhomes from the low $300s and single-family from $359,490, with shorter commutes to central Chesterfield and Richmond. The Moseley communities answer with the Cosby school pipeline and larger amenity packages.
Considering Watermark?
We can pull all three builders’ current sheets, the fee schedule, and any assessment-district detail for the lot you like before you tour. Daniel Yoon is a Certified New Home Co-Broker, ABR, and SRS with eXp Realty; all three builders pay the buyer’s agent. Call or text 804.896.2694, or browse every new home in the region at showingnew.com/dyoonnewhomes.