0 days on market
$250,000
1045 Commonwealth Pl
Virginia Beach, Virginia 23464
MLS# 10641017 · LEVEL GREEN · Virginia Beach VA
Updated 3 days ago · Source: REIN MLS
Est. payment
$1,565/mo
Edit below
Price / sq ft
$200
1,252 sq ft
Days on market
0
New listing
HOA
None
Year built
1983
43 yrs old
Beds
2
Full Baths
1
Half Baths
1
Sq Ft
1,252
Garage
No
Schools
- ElementaryCollege Park Elementary School8/10
- MiddleBrandon Middle School6/10
- 7/10
Info provided by GreatSchools
About this home
Welcome home to this beautifully updated townhouse in the heart of Virginia Beach! Step inside and discover stylish LVP flooring, gorgeous granite countertops, and a warm, inviting layout designed for comfortable everyday living. The spacious bedrooms provide plenty of room to relax and unwind, while the private fenced backyard offers the perfect space for entertaining, pets, or simply enjoying your own outdoor retre…
Listed by Victoria Segar · Iron Valley Real Est Norfolk
VaHome Team property overview
1045 Commonwealth Place is a two-bedroom, one-and-a-half-bath home in Virginia Beach, built in 1983 and spanning 1,252 square feet. It sits within easy reach of two major military installations, making it a practical and comfortable base for Hampton Roads living.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 1045 Commonwealth Place apart is its position at the crossroads of convenience and calm. The footprint is efficient without feeling cramped — 1,252 square feet gives you room to breathe while keeping upkeep manageable. Two bedrooms and a dedicated half bath round out a layout that works for couples, small families, or anyone who values a home that fits their life without excess.
LEVEL GREEN and the Virginia Beach real estate market
Virginia Beach is one of the most livable cities on the East Coast, and the zip code 23464 sits in its inland heart — far enough from the resort strip to feel genuinely residential, close enough to tap into everything the city offers. This part of Virginia Beach primary keyword: Virginia Beach homes in the 23464 corridor tends to attract long-term residents who appreciate solid neighborhoods, easy highway access, and a community that doesn't feel transient. Streets here are established, lots are mature, and the pace is steady. You're roughly central to the entire Hampton Roads metro, which means getting to work, the waterfront, or a weekend errand rarely turns into an ordeal. The area blends suburban comfort with real urban proximity — a combination that's harder to find than it sounds.
What's nearby
Day-to-day life flows easily from 1045 Commonwealth Place. Grocery runs, pharmacy stops, and coffee breaks are all within a short drive, with major retail corridors along Virginia Beach Boulevard and Indian River Road keeping essentials close. Kempsville Road connects you quickly northward toward Norfolk or south toward Chesapeake. Green space is accessible too — the area has parks and trail corridors that make getting outside straightforward. For dining, the surrounding neighborhoods offer a solid mix of local spots and familiar chains, so whether it's a quick lunch or a sit-down dinner, options are genuinely nearby.
For different buyers
For military families relocating
The USCG Finance Center Chesapeake is roughly eight minutes away, and Norfolk Naval Shipyard is about ten — two major installations within a single commute window. For military households navigating PCS orders in Hampton Roads, that kind of dual-base proximity is genuinely rare. A VA loan can make ownership here straightforward, and the central Virginia Beach location keeps future reassignments manageable too.
For first-time buyers
At 1,252 square feet with two bedrooms and a half bath, 1045 Commonwealth Place is sized right for a first home — enough space to settle in without taking on more than makes sense. The 1983 build means the bones are established, the neighborhood is mature, and you're not pioneering anything. It's a grounded starting point in a city with real long-term upside.
Frequently asked questions
How far is 1045 Commonwealth Place from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately 10 minutes from 1045 Commonwealth Place under typical traffic conditions, making it one of the more convenient residential options for personnel stationed there.
How far is 1045 Commonwealth Place from the USCG Finance Center Chesapeake?
The USCG Finance Center Chesapeake is about 8 minutes away, making 1045 Commonwealth Place a practical choice for Coast Guard personnel assigned to that installation.
What is the square footage and layout of 1045 Commonwealth Place?
The home offers 1,252 square feet of living space with two bedrooms and one and a half bathrooms, built in 1983 as a residential property in Virginia Beach.
Is 1045 Commonwealth Place in a flood zone?
Flood zone designation for this address is detailed in the FloodRisk tile on this page — check that section for the most current FEMA map data specific to this parcel.
Can a VA loan be used to purchase a home at 1045 Commonwealth Place?
Yes — eligible veterans and active-duty service members can use a VA loan to purchase this property, and given the proximity to multiple installations, it's a financing path worth exploring early in the process.
Curious about 1045 Commonwealth Place? Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well — reach out and they'll walk you through everything.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
2
Full Baths
1
Half Baths
1
Approx Sq Ft
1,252
Stories
2
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$250,000
Price / Sq Ft
$200
Annual Taxes
$2,334
Monthly Tax
$195
HOA
None
Tax Rate (effective)
0.93%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 25, 2026 | $250,000 | — |
| Currently listed | — | $250,000 | — |
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:
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.
About buying in Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$1,565/moPrincipal & interest
$1,297
Property tax
$195
Home insurance
$73
PMI
None
HOA
None
Estimate only. 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.
Listed by Iron Valley Real Est Norfolk · MLS# 10641017
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$250,000
1045 Commonwealth PL, VIRGINIABEACH VA 23464
Virginia Beach, Virginia 23464
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