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Virginia Beach › BAY COLONY › 1005 Bay Colony Dr✓ Source: REIN MLS #10640655 · record updated Jun 27, 2026 · synced every 2 min · your inquiry is never resold
1005 Bay Colony DR, VIRGINIA BEACH VA 23451 - Main photo
1005 Bay Colony DR, VIRGINIA BEACH VA 23451 - Photo 2
1005 Bay Colony DR, VIRGINIA BEACH VA 23451 - Photo 3
1005 Bay Colony DR, VIRGINIA BEACH VA 23451 - Photo 4
1005 Bay Colony DR, VIRGINIA BEACH VA 23451 - Photo 5
4beds
4baths
3,300sqft
47days on market

1005 Bay Colony Dr, Virginia Beach, VA 23451

ActiveResidential · built 1955 · BAY COLONY

Chapter · The Water

Life on the water

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

Frontage

Waterfront ✓ VERIFIED

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1955

Price / sqft

$742

HOA

None

Taxes

$9,675/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10640655

Interior

Bedrooms
4
Full baths
4
Approx. sqft
3,300
Stories
1
Flooring
Ceramic, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
8
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Breakfast Area, Foyer, Office/Study, Utility Room
Appliances
Dishwasher, Disposal
Equipment
Cable Hookup
Accessibility
Main Floor Laundry

Construction & exterior

Style
Ranch, Traditional
Subtype
Detached
Foundation
Crawl
Roof
Other
Exterior
Brick
Pool
No Pool
Fencing
Partial
Waterfront
Deep Water
Deep-water access
Yes

Utilities & systems

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

Lot, parking & ownership

Lot size
1.2500
Subdivision
BAY COLONY
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement

See more Virginia Beach waterfront homes.

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

About this home

Exceptional waterfront home on Bay Colony Drive, set on approx. 1.25 acres across two lots. Located on a tidal lake off Linkhorn Bay, this private, park-like property is just minutes from the ocean. Originally built in 1954 and fully renovated in 2007, the brick home features 4 bedrooms, 4 baths, a sunroom, and a spacious primary suite. Quality construction and updates throughout, including a newer Carrier 4-ton heat pump. Beautifully landscaped with mature trees, tall hedges, and a circular drive for added privacy. Enjoy peaceful water views from the charming gazebo. A rare opportunity to own one of the finest lots in Bay Colony offers space, privacy, and coastal living at its best.

Listing courtesy of Chastity Ferguson · Atkinson Realty · REIN MLS #10640655

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 1005 Bay Colony Drive—a four-bedroom, four-bath home built in 1955 with 3,300 square feet of living space. You're just eight minutes from NAS Oceana and surrounded by parks and dining. This Virginia Beach home sits in a neighborhood with easy access to both bases and local amenities.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23451, homes for sale zoned for Cox High School, and homes for sale zoned for Linkhorn Park Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Bay Colony 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

This classic mid-century home offers four generously sized bedrooms and four full baths across 3,300 square feet. The layout flows naturally from room to room, with good natural light and solid bones throughout. Bay Colony Drive puts you within walking distance of Bay Colony Park and steps from neighborhood dining and shopping. The 1955 construction means vintage character paired with a footprint that suits today's living.

BAY COLONY and the Virginia Beach real estate market

Bay Colony is a well-established Virginia Beach neighborhood known for tree-lined streets and a mix of mid-century and updated homes. The area balances quiet residential charm with genuine walkability—you're never far from a coffee shop, restaurant, or park. Virginia Beach itself is a dynamic coastal city of over 450,000 residents, anchored by military presence and a thriving downtown waterfront. Getting around is straightforward: NAS Oceana sits just eight minutes away, Dam Neck Annex about twelve. The city offers year-round recreation, from the oceanfront boardwalk to inland parks and trails. If you're comparing Virginia Beach homes for sale, note that this zip code combines suburban comfort with urban conveniences. Anyone comparing homes for sale in 23451 will find a neighborhood that rewards both car travel and on-foot exploration.

What's nearby

Bay Colony Park is a short walk away—perfect for morning strolls or afternoon play. Cavalier Grand Lawn sits just over a mile north and offers open green space for picnics and outdoor gatherings. For dining, Becca Restaurant & Garden and Hunt Room are both under a mile away, giving you casual and upscale options without a long drive. The neighborhood's proximity to water access, shopping, and amenities makes daily errands simple.

For different buyers

Base commute and VA loan notes

NAS Oceana is eight minutes away; Dam Neck Annex twelve. VA loan financing is widely available in this zip code, and the home's solid four-bedroom layout means move-in readiness without major renovation. You'll find established neighborhood infrastructure and quick commutes to both bases.

Room to grow

Four bedrooms and four full baths give you room to spread out and grow. The 3,300-square-foot floor plan includes separate spaces for a home office, guest suite, or hobby room. A large lot and proximity to Bay Colony Park mean outdoor space for kids and pets without sacrificing walkability to shops and restaurants.

More buyer questions

How far is 1005 Bay Colony Drive from NAS Oceana?

About eight minutes by car. The commute is straightforward via local roads, and many base personnel live in this neighborhood.

What schools are zoned for homes for sale zoned for Cox High School and homes for sale zoned for Linkhorn Park Elementary School in this area?

This address is zoned for both Linkhorn Park Elementary and Cox High. Check the Virginia Beach Schools website for current middle-school assignments.

Is there a park nearby?

Yes—Bay Colony Park is a short walk away, and Cavalier Grand Lawn is just over a mile north. Both offer green space and recreation.

What is the neighborhood like?

Bay Colony is a quiet, established Virginia Beach neighborhood with tree-lined streets and a good mix of mid-century and updated homes. It's walkable to shops, restaurants, and parks.

Are there restaurants close by?

Yes—Becca Restaurant & Garden and Hunt Room are both under a mile away, offering casual and upscale dining without a long drive.

Ready to explore 1005 Bay Colony Drive? Contact Tom & Dariya Milan at LPT Realty to schedule a showing and learn more about this Virginia Beach home.

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

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

Virginia Beach$2.1M – $2.8M4+ 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

Evacuation Zone C

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

Military Aircraft Zone Information

Aircraft Noise

65-70 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

In the Bay Colony neighborhood of Virginia Beach. houses for sale in Virginia Beach →

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

$14,233/mo

Principal & interest

$12,713

Property tax

$806

Home insurance

$715

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

Why the land carries the value

Asking vs. assessment

246% of $997,500

City assessment record · taxes $9,675/yr

Land share of assessed value

72% — $715,000

Improvements $282,500 · assessor record ✓

Price context — similar nearby homes

$925,000 – $3,600,000

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.

710 Bay Colony DR · 0.4 mi · 3,200 sqft$1,525,000 sold 2026-07
209 Cavalier DR · 1.1 mi · 3,303 sqft$2,950,000 sold 2026-09
103 46th ST · 1.1 mi · 3,355 sqft$3,600,000 sold 2026-08

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

Sale & Tax History

List Price

$2,450,000

Price / Sq Ft

$742

Annual Taxes

$9,675

Monthly Tax

$806

HOA

None

Tax Rate (effective)

0.39%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 18, 2026$2,450,000—
Currently listed—$2,450,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

146% above assessment

Total Assessed

$997,500

Land

$715,000

Improvement

$282,500

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

47 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 1005 Bay Colony Dr in a good school zone?+
The assigned zones on the listing record are Linkhorn Park Elementary (VaHome School Score 7.3/10), VB Middle, Frank W. Cox (VaHome School Score 8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1005 Bay Colony Dr 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.
Are there parks near 1005 Bay Colony Dr?+
Bay Colony Park is about 0.3 miles away.
Is 1005 Bay Colony Dr a waterfront property?+
Yes. The listing record shows: Deep Water.
Does 1005 Bay Colony Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1005 Bay Colony Dr built?+
It was built in 1955, 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 Chastity Ferguson · Atkinson Realty · REIN MLS #10640655

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.

1005 Bay Colony Dr, Virginia Beach — photo

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

Call or text (757) 777-7577

1005 Bay Colony Dr, Virginia Beach, Virginia 23451 · MLS #10640655 · 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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