Home/Virginia/Virginia Beach/MILL CREEK COLLECTION/1050 Collection Creek WAY, VIRGINIABEACH VA 23454
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Coming Soon
Active
Under Contract
Sold
Off Market

0 days on market

Showings begin Thu, July 2.

$489,000

1050 Collection Creek Way

Virginia Beach, Virginia 23454

MLS# 10641986 · MILL CREEK COLLECTION · Virginia Beach VA

Updated 13 hours ago · Source: REIN MLS

Est. payment

$3,001/mo

Edit below

Price / sq ft

$251

1,950 sq ft

Days on market

0

New listing

HOA

None

Year built

1987

39 yrs old

Beds

3

Full Baths

2

Half Baths

1

Sq Ft

1,950

Garage

Yes

Residential2 StoryCondoWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Located in Virginia Beach's sought-after First Colonial/Great Neck corridor, this beautiful townhouse-style condo offers low-maintenance living with the feel of a single-family home. Featuring 3 bedrooms, 2.5 baths, and a spacious 2-car garage, this well-appointed residence boasts soaring ceilings, abundant natural light, and an open floor plan with LVP flooring throughout the first level. The bright living and dinin…

Listed by Beverly Cheniae · BHHS RW Towne Realty

VaHome Team property overview

At a glance

A three-bedroom, two-and-a-half-bath home in Virginia Beach built in 1987, offering 1,950 square feet of living space just six minutes from NAS Oceana. Practical layout, established neighborhood feel, and a location that puts the best of the Oceanfront corridor within easy reach.

Read full property overview ↓

Why this home stands out

What sets 1050 Collection Creek Way apart is its unbeatable proximity to two major installations — NAS Oceana in six minutes and Dam Neck Annex in twelve — without sacrificing access to everyday Virginia Beach life. At 1,950 square feet across three bedrooms and two and a half baths, the home delivers real, usable space in a neighborhood that has matured gracefully since 1987. This is a property that works hard for the people who live in it.

MILL CREEK COLLECTION and the Virginia Beach real estate market

Collection Creek Way sits in the heart of Virginia Beach, one of the most livable mid-Atlantic cities on the East Coast. This part of the city — roughly between the Oceana corridor and the resort strip — carries the relaxed, established character of a neighborhood that has been home to military families, long-term residents, and professionals for decades. Streets here are quiet without being remote, and neighbors tend to stay a while. Virginia Beach itself spans from the Chesapeake Bay to the Atlantic Ocean, giving residents access to waterfront parks, boardwalk dining, and some of the best year-round outdoor recreation in the region. The city's road network fans out efficiently from this area, making commutes to multiple bases genuinely manageable on a daily basis. Whether your weekend looks like a morning at First Landing State Park or an afternoon on the Oceanfront, you're never far from it.

What's nearby

Daily life is easy here. Groceries, pharmacies, and coffee shops cluster along the nearby Lynnhaven and Oceana Boulevard corridors, keeping routine errands short. Red Mill Commons and Hilltop are both within a reasonable drive for broader shopping and dining. Outdoor enthusiasts will appreciate the proximity to First Landing State Park and the Virginia Beach Boardwalk. For a quieter afternoon, the Back Bay National Wildlife Refuge is accessible to the south. The neighborhood's position also means you're a straightforward drive from the Virginia Beach Town Center for dining and entertainment.

For different buyers

For military families relocating

Six minutes to NAS Oceana and twelve to Dam Neck Annex — that kind of commute makes a real difference across a three-year tour. A VA loan can make ownership here straightforward, and the three-bedroom layout gives your family room to settle in without feeling squeezed. Virginia Beach has welcomed military households for generations, and this neighborhood reflects that stability.

For families upgrading

Three bedrooms, two and a half baths, and 1,950 square feet give a growing family genuine room to breathe. The 1987 build means solid construction with the kind of floor plan that actually functions — separate living spaces, a half bath on the main level, and enough square footage that everyone isn't on top of each other. Virginia Beach's outdoor amenities mean weekends practically plan themselves.

Frequently asked questions

How far is 1050 Collection Creek Way from NAS Oceana?

The drive to NAS Oceana runs about six minutes under normal traffic conditions, making this one of the closer residential options to the base without being directly adjacent to flight operations.

How far is 1050 Collection Creek Way from Dam Neck Annex?

Dam Neck Annex is approximately twelve minutes away by car, a commute that many personnel assigned there find genuinely manageable day to day.

Is 1050 Collection Creek Way in a flood zone?

Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.

What is the square footage and layout of 1050 Collection Creek Way?

The home offers 1,950 square feet of living space arranged across three bedrooms and two and a half bathrooms, with the half bath typically located on the main living level in homes of this era and style.

Does 1050 Collection Creek Way have an HOA?

HOA status for this property is confirmed in the listing details section of this page — check there for the most current information on whether an association governs the community.

Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well. Reach out to get your questions answered and take a closer look at 1050 Collection Creek Way.

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

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Property Details

Bedrooms

3

Full Baths

2

Half Baths

1

Approx Sq Ft

1,950

Stories

2

Fireplaces

0

Flooring

Carpet, Laminate/LVP

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup

Sale & Tax History

List Price

$489,000

Price / Sq Ft

$251

Annual Taxes

$3,857

Monthly Tax

$321

HOA

None

Tax Rate (effective)

0.79%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 29, 2026$489,000
Currently listed$489,000

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:

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.

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.

See more Virginia Beach homes for sale →

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.

Estimate your monthly payment

$3,001/mo

Principal & interest

$2,537

Property tax

$321

Home insurance

$143

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 BHHS RW Towne Realty · MLS# 10641986

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$489,000

1050 Collection Creek WAY, VIRGINIABEACH VA 23454

Virginia Beach, Virginia 23454

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Quick Facts

TypeResidential
Year Built1987
Lot Size
Taxes$3,857/yr
HOANone
Heating
Cooling

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