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Virginia BeachLAKE SMITH TERRACE1001 Five Forks Rd✓ Source: REIN MLS #10647857 · record updated Sep 13, 2026 · synced every 2 min · your inquiry is never resold
1001 Five Forks RD, VIRGINIA BEACH VA 23455 - Main photo
1001 Five Forks RD, VIRGINIA BEACH VA 23455 - Photo 2
1001 Five Forks RD, VIRGINIA BEACH VA 23455 - Photo 3
1001 Five Forks RD, VIRGINIA BEACH VA 23455 - Photo 4
1001 Five Forks RD, VIRGINIA BEACH VA 23455 - Photo 5
4beds
3baths
3,643sqft
33days on market

1001 Five Forks Rd, Virginia Beach, VA 23455

ActiveResidential · built 1967 · LAKE SMITH TERRACE

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Lake.

Frontage

Lake ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1967

Price / sqft

$295

HOA

None

Taxes

$7,011/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10647857

Interior

Bedrooms
4
Full baths
3
Approx. sqft
3,643
Stories
1
Flooring
Carpet, Ceramic, Slate, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
8
Other rooms
1st Floor Primary BR, Breakfast Area, Office/Study
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Equipment
Backup Generator, Ceiling Fan, Gar Door Opener

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Shingle
Pool
In Ground Pool
Waterfront
Lake

Utilities & systems

Heating
Heat Pump
Cooling
Central Air, Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
1.1500
Subdivision
LAKE SMITH TERRACE
Zoning
R30
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Off Street, Driveway Spc
Possession
CLOSING
Disclosures
Disclosure Statement

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Lakefront living meets year round luxury on this one of a kind 1.15 acre Lake Smith property, offering 400 feet of private shoreline and an exceptional blend of modern upgrades and resort style amenities. This home now features 4 spacious bedrooms and 3 full baths, creating generous private living space to match its extraordinary outdoor setting. Recent improvements since 2019—including the kitchen upgrades, HVAC, roof, carpet, electrical panel, windows, and driveway—deliver turnkey comfort in one of Virginia Beach's most sought after neighborhoods. An impressive 1,100 sq ft deck, a 1,200 sq ft four season room (heated/cooled by 2 mini-split systems), and an indoor heated swimming pool set the stage for true resort style living. Three fireplaces (including one natural gas), a chef's kitchen with a Miele six burner gas oven and GE Profile over the range microwave, a whole house generator, and an in ground irrigation system add everyday convenience and luxury. A detached workshop—complete with full electrical service and running water—provides exceptional flexibility for hobbies, storage, or future expansion. Seller financing available for buyer with appropriate qualifications.

Listing courtesy of Dan Cavallaro · Garrett Realty Partners · REIN MLS #10647857

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

A generously sized 1967-built, four-bedroom, three-bath home stretching across 3,643 square feet in Virginia Beach — six minutes from JEB Little Creek-Fort Story and surrounded by everyday conveniences that make the Haygood corridor one of the city's most livable pockets.

Read the full overview ↓

Why this home stands out

Square footage this generous is genuinely rare in the 23455 zip code. At 3,643 square feet, 1001 Five Forks Road gives growing households room that most comparable-era Virginia Beach homes simply can't match — four true bedrooms, three full baths, and the kind of bones that reward a buyer who wants space to spread out rather than squeeze in. The 1967 construction era means solid, substantial framing and lot sizes that newer subdivisions traded away long ago.

LAKE SMITH TERRACE and the Virginia Beach real estate market

The Haygood area sits in the heart of Virginia Beach, tucked between the Chesapeake Bay shoreline neighborhoods to the north and the city's commercial spine along Virginia Beach Boulevard to the south. It's a mature, tree-lined community where mid-century ranch and split-level homes share streets with well-kept yards and neighbors who tend to stay put for decades. Five Forks Road itself is a quiet residential cut-through that keeps you close to everything without putting you on a busy arterial. Virginia Beach as a whole offers a rare combination — oceanfront recreation, a robust military economy anchored by JEB Little Creek-Fort Story and NAS Oceana, and a city government that consistently invests in parks, trails, and public amenities. Families comparing homes for sale in Virginia Beach often land in Haygood precisely because it delivers that full package without the premium of the Oceanfront zip codes.

What's nearby

Daily errands are genuinely easy from Five Forks Road. Harris Teeter, Lidl, and Tienda Murido Latino Mart are all within half a mile, so a grocery run rarely turns into a production. When dinner plans fall apart, The Pizzeria and Nara Sushi are both four-tenths of a mile away, with McDonald's right there for the quick stops. Colattao Coffee House is the neighborhood's go-to morning spot, and Tropical Smoothie Cafe rounds out the quick-bite options nearby. Fitness is well covered too — HOTWORX Virginia Beach Haygood, Emerge Fitness & Personal Training, and ArrowFit Human Performance are all within a mile. Haygood Point Park, just 0.4 miles out, gives you a green escape without getting in the car.

For different buyers

For military families relocating

Six minutes to JEB Little Creek-Fort Story makes 1001 Five Forks Road one of the closest large-footprint homes to the base in the 23455 zip code. NAS Oceana is fourteen minutes in the other direction, so dual-military households cover both assignments from a single address. A VA loan pairs naturally with a home this size, and the Haygood location keeps BAH working efficiently.

For families upgrading

Four bedrooms and 3,643 square feet give a growing family genuine room to breathe — dedicated space for a home office, a playroom, or a guest suite without anyone doubling up. Families comparing homes for sale zoned for Bayside High School and homes for sale zoned for Thoroughgood Elementary School will find that Five Forks Road sits squarely in that attendance zone combination, making the school search and the house search one single decision.

More buyer questions

How far is 1001 Five Forks Road from JEB Little Creek-Fort Story?

The drive is approximately six minutes under normal traffic conditions, making this one of the more convenient large-home options for service members stationed at Little Creek or Fort Story.

How far is 1001 Five Forks Road from NAS Oceana?

NAS Oceana is roughly fourteen minutes away, a workable commute for personnel stationed there and a genuine advantage for dual-military households covering both installations.

Is 1001 Five Forks Road in a flood zone?

Flood zone designation for this address is detailed in the FloodRisk tile on this page, which pulls the current FEMA map data for the parcel.

What zip code is 1001 Five Forks Road in?

The property is in zip code 23455, a mid-city Virginia Beach corridor that draws buyers specifically searching homes for sale in 23455 for its proximity to both military bases and everyday retail.

Does 1001 Five Forks Road have a garage?

Garage details and structural feature specifics are confirmed in the current listing data — check the property details tab on this page for the most accurate information.

Ready to walk through 3,643 square feet in person? Tom and Dariya Milan at LPT Realty know this corridor well — reach out and let's set up a tour.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Virginia Beach$910K – $1.2M4+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Haygood

Haygood is an established neighborhood in northern Virginia Beach's Bayside area, centered near the intersection of Haygood Road and Independence Boulevard in the 23455 ZIP code.

$670K

Median sale · 12 mo

$248

Sold $/sq ft

14d

Days on market

4

For sale now

$73K

HH income

54.6%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Haygood
Map of Haygood with neighborhood boundaryNeighborhood

Virginia Beach homes for sale

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$6,476/mo

Principal & interest

$5,578

Property tax

$584

Home insurance

$314

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Asking vs. assessment

149% of $722,800

City assessment record · taxes $7,011/yr

Land share of assessed value

48% — $350,000

Improvements $372,800 · assessor record ✓

Price context — similar nearby homes

$590,000$1,750,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

4713 Little John RD · 0.1 mi · 3,102 sqft$765,000 sold 2026-08
4729 Little John RD · 0.2 mi · 3,100 sqft$725,000 sold 2026-05
816 Mariposa CT · 0.4 mi · 3,185 sqft$610,000 sold 2026-03

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$1,075,000

Price / Sq Ft

$295

Annual Taxes

$7,011

Monthly Tax

$584

HOA

None

Tax Rate (effective)

0.65%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 12, 2026$1,075,000
Price reducedSep 8, 2026$1,075,000−$125,000
Currently listed$1,075,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

49% above assessment

Total Assessed

$722,800

Land

$350,000

Improvement

$372,800

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Virginia Beach Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Market tempo

33 days on market — read it in context

Higher-priced homes market more slowly by nature: the buyer pool is smaller and diligence is heavier. Days-on-market at this tier is a rhythm, not a warning.

Questions buyers ask

Is 1001 Five Forks Rd in a good school zone?+
The assigned zones on the listing record are Thoroughgood Elementary (VaHome School Score 9/10), Independence Middle (VaHome School Score 6.2/10), Bayside (VaHome School Score 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1001 Five Forks Rd in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is 1001 Five Forks Rd a waterfront property?+
Yes. The listing record shows: Lake.
Does 1001 Five Forks Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1001 Five Forks Rd built?+
It was built in 1967, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Dan Cavallaro · Garrett Realty Partners · REIN MLS #10647857

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

1001 Five Forks Rd, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

1001 Five Forks Rd, Virginia Beach, Virginia 23455 · MLS #10647857 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.