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Virginia Beach › LAKE SMITH TERRACE › 1001 Five Forks Rd✓ Source: REIN MLS #10647857 · record updated Aug 17, 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
$1,200,000
$329 / sqft · est. $7,161/mo →
4beds
3baths
3,643sqft
6days 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

$329

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.

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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1001 Five Forks Road is a spacious 4-bedroom, 3-bath home in Virginia Beach with over 3,600 square feet of living space, built in 1967, and sitting just six minutes from JEB Little Creek-Fort Story — a rare combination of size, location, and character.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23455, homes for sale zoned for Bayside High School, and homes for sale zoned for Thoroughgood Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Thoroughgood homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

Homes that clear 3,600 square feet in this part of Virginia Beach are genuinely hard to find, and 1001 Five Forks Road delivers that scale in a well-established neighborhood with mature surroundings. The 1967 build date means solid construction and generous room proportions you simply don't see in newer cookie-cutter builds. Four bedrooms, three full baths, and a layout that gives everyone real breathing room — this address earns its footprint.

LAKE SMITH TERRACE and the Virginia Beach real estate market

Five Forks Road sits in a quiet, established pocket of northern Virginia Beach — the kind of neighborhood where the trees are tall, the lots are generous, and the streets have a settled, lived-in character that newer developments can't replicate. You're in the Haygood area, a well-regarded corner of Virginia Beach that balances suburban calm with genuine everyday convenience. The city itself is one of the most livable in Hampton Roads: a strong job market, easy access to the Oceanfront, and a military community that gives the whole region a grounded, welcoming energy. Northern Virginia Beach in particular puts you close to the water, close to the bases, and close to the kind of local businesses that make daily life feel less like a commute and more like a neighborhood. It's the kind of address that rewards you every time you pull into the driveway.

What's nearby

Groceries are practically around the corner — Harris Teeter, Lidl, and Tienda Murido Latino Mart are all within half a mile. When you want a quick bite, The Pizzeria and Nara Sushi are both 0.4 miles away, with McDonald's right there for the fast-food run. Colattao Coffee House is your local morning stop, and Tropical Smoothie Cafe is just a half-mile out when you want something different. Fitness options are strong too: HOTWORX Virginia Beach and Emerge Fitness are both under a mile, and ArrowFit Human Performance is under a mile for more personalized training. Haygood Point Park is a 0.4-mile walk when you need fresh air.

For different buyers

For military families relocating

Six minutes to JEB Little Creek-Fort Story and fourteen to NAS Oceana — 1001 Five Forks Road is one of the best-positioned addresses in Virginia Beach for active-duty families. The VA loan makes a home this size genuinely accessible, and with four bedrooms and three full baths, there's room for the whole family to spread out through every PCS cycle.

For families upgrading

If you've outgrown your current place, 3,643 square feet gives you room to breathe — four bedrooms, three full baths, and the kind of square footage that means no one is tripping over each other. The Haygood neighborhood adds mature surroundings and walkable everyday conveniences, making the upgrade feel like a lifestyle shift, not just a bigger mortgage.

More buyer questions

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

The drive is approximately 6 minutes, making this one of the closer residential options to the base in Virginia Beach. It's a straightforward route with no highway required.

How far is 1001 Five Forks Road from NAS Oceana?

NAS Oceana is about 14 minutes away by car, an easy commute for personnel assigned there. The route stays largely on surface streets through familiar Virginia Beach corridors.

What is the square footage of 1001 Five Forks Road?

The home measures 3,643 square feet of living space, which is notably large for this part of Virginia Beach — especially in a neighborhood built during the 1960s when rooms were designed with real proportions.

Is 1001 Five Forks Road in a flood zone?

Flood zone information for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and what it means for insurance.

Are there parks or green spaces near 1001 Five Forks Road?

Haygood Point Park is just 0.4 miles away, offering a quick walk to open space. The broader Haygood area of Virginia Beach also has tree-lined streets and a generally green, established feel throughout the neighborhood.

Tom and Dariya Milan at LPT Realty know this corner of Virginia Beach inside and out. Reach out to get the full picture on 1001 Five Forks Road and what it could mean for your next chapter.

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

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

Virginia Beach$1M – $1.4M4+ beds

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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

Thoroughgood

Thoroughgood is a family-friendly Virginia Beach neighborhood known for its tree-lined streets, proximity to highly-rated schools, parks, shopping, and beautiful beaches.

$685K

Median sale · 12 mo

$259

Sold $/sq ft

7d

Days on market

6

For sale now

$154K

HH income

89.8%

Owner-occupied

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

Explore Thoroughgood →
Map of Thoroughgood 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

$7,161/mo

Principal & interest

$6,227

Property tax

$584

Home insurance

$350

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

166% 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

$610,000 – $795,000

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

Sale & Tax History

List Price

$1,200,000

Price / Sq Ft

$329

Annual Taxes

$7,011

Monthly Tax

$584

HOA

None

Tax Rate (effective)

0.58%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 11, 2026$1,200,000—
Currently listed—$1,200,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

66% 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

6 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

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.

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