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Virginia Beach › LAKEWOOD › 1103 Cypress Ave✓ Source: REIN MLS #10650402 · record updated Sep 5, 2026 · synced every 2 min · your inquiry is never resold
1103 Cypress AVE, VIRGINIA BEACH VA 23451 - Main photo
1103 Cypress AVE, VIRGINIA BEACH VA 23451 - Photo 2
1103 Cypress AVE, VIRGINIA BEACH VA 23451 - Photo 3
1103 Cypress AVE, VIRGINIA BEACH VA 23451 - Photo 4
1103 Cypress AVE, VIRGINIA BEACH VA 23451 - Photo 5
2,550sqft
15days on market

1103 Cypress Ave, Virginia Beach, VA 23451

ActiveMulti Family Residential · built 1977 · LAKEWOOD

Facts & features

Type

Multi Family Residential

Year built

1977

Price / sqft

$388

HOA

None

Taxes

$5,273/yr

County

Virginia Beach VA

MLS #

10650402

Interior

Approx. sqft
2,550
Accessibility
Pocket Doors

Construction & exterior

Style
Side by Side
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick
Fencing
Partial

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot features
Corner, Patio
Subdivision
LAKEWOOD
Zoning
R5D
Ownership
Fee Simple
Possession
SETTLEMENT
Disclosures
Disclosure Statement, Owner Agent

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

About this home

Rare opportunity to own an extensively renovated duplex in the Virginia Beach Oceanfront! Both residences underwent comprehensive renovations in 2022, including new HVAC systems, all-new plumbing, new flooring, kitchen cabinetry, quartz countertops and new kitchen appliances. Thoughtfully redesigned floor plans created bright, open-concept kitchen, dining and living spaces, while the addition of a full bath upstairs allows each of the two bedrooms on each side to have its own ensuite bath. Each residence offers 2 bedrooms and 2.5 baths, providing a total of 4 bedrooms and 5 baths across the property. Generous kitchen islands, abundant cabinetry and comfortable living spaces give each side the feel and functionality of a home. Outdoor living and fenced yard space add to the appeal. An exceptional opportunity for an investor, owner-occupant seeking rental income, or multi-generational living—all in a desirable Virginia Beach Oceanfront location near the beach, dining and entertainment.

Listing courtesy of Jessica McClanahan · LPT Realty LLC · REIN MLS #10650402

Tom & Dariya's overview

Our read on this home

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

At a glance

1103 Cypress Avenue is a 2,550-square-foot multi-family home built in 1977, located in Virginia Beach just minutes from NAS Oceana. The property offers solid square footage and a convenient location for base commuters. This is one of the Virginia Beach homes for sale that balances proximity and space.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23451, homes for sale zoned for First Colonial High School, and homes for sale zoned for Cooke Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Lakewood Area 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

Built in the late 1970s, this multi-family property delivers substantial living area across its 2,550 square feet. The layout supports multiple units or flexible residential use. You're positioned in a well-established neighborhood with direct access to both NAS Oceana and Dam Neck Annex. The property sits in a location where homes for sale in Virginia Beach often appeal to those seeking efficient, multi-unit investments or live-work arrangements.

LAKEWOOD and the Virginia Beach real estate market

Cypress Avenue sits in a residential pocket of Virginia Beach, a city known for its military-connected neighborhoods and steady community character. The streets here are lined with established homes from the 1970s and 1980s, reflecting a mature suburban feel. You'll find a mix of single-family and multi-family properties, each with their own footprint and history. Virginia Beach itself is a major naval hub, and this particular zip code—23451—sits at the heart of that geography. Getting around is straightforward: major roads connect you to retail, dining, and services throughout the city. The proximity to NAS Oceana and Dam Neck Annex means commute times are measured in single-digit minutes for base-connected households. Daily life here centers on convenience and established infrastructure rather than trendy new development.

What's nearby

You're within a short drive of grocery stores, pharmacies, and casual dining along the main corridors that feed the base. Parks and recreational facilities dot the surrounding area, offering outdoor space without a long trip. Shopping and essential services cluster within 5–10 minutes by car. The neighborhood itself is quiet and residential, so most errands pull you toward the commercial strips that border Virginia Beach's military zones. If you are comparing homes for sale zoned for First Colonial High School or homes for sale zoned for Cooke Elementary School, this address falls within those attendance boundaries.

For different buyers

Base commute and VA loan notes

NAS Oceana is about 6 minutes away; Dam Neck Annex is 7 minutes. VA loan financing is widely available in this zip code and neighborhood. The multi-family layout and square footage offer flexibility for those managing a household with military schedules. Quick commute times mean less time on the road and more time at home.

Room to grow

This 2,550-square-foot multi-family property provides substantial space for flexible living arrangements. The established neighborhood offers room to grow without constant relocations. Multiple units within the structure allow for creative household configurations. Mature trees and established infrastructure create a stable, settled environment for long-term residents.

More buyer questions

How far is 1103 Cypress Avenue from NAS Oceana?

About 6 minutes by car. Dam Neck Annex is roughly 7 minutes away, making this location convenient for base-connected commuters.

What is the square footage of this property?

The home is 2,550 square feet, offering substantial living area in a multi-family configuration built in 1977.

Can I use a VA loan to finance a home in 23451?

Yes. VA loan financing is common and well-supported throughout homes for sale in 23451 and the surrounding neighborhood.

What attendance zones apply to this address?

This address falls within the attendance boundaries for homes for sale zoned for First Colonial High School and homes for sale zoned for Cooke Elementary School.

Is this a single-family or multi-family property?

This is a multi-family residential property, offering flexible use and multiple units within the 2,550-square-foot structure.

Ready to explore this Virginia Beach property? Contact Tom & Dariya Milan at LPT Realty to schedule a tour and learn more about 1103 Cypress Avenue.

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

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

Virginia Beach$840K – $1.1M

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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

Evacuation Zone C

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

Military Aircraft Zone Information

Aircraft Noise

70-75 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 Lakewood Area neighborhood of Virginia Beach. browse Virginia Beach listings →

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

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$5,860/mo

Principal & interest

$5,132

Property tax

$439

Home insurance

$288

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

182% of $543,700

City assessment record · taxes $5,273/yr

Land share of assessed value

59% — $322,400

Improvements $221,300 · assessor record ✓

Price context — similar nearby homes

$630,403 – $1,650,000

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.

593 Sea Oats WAY · 0.6 mi · 2,532 sqft$735,000 sold 2026-06
707 Carolina AVE · 0.3 mi · 2,700 sqft$1,049,000 sold 2026-03
752 Sequoia WAY · 0.1 mi · 2,106 sqft$630,403 sold 2026-07

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

Sale & Tax History

List Price

$989,000

Price / Sq Ft

$388

Annual Taxes

$5,273

Monthly Tax

$439

HOA

None

Tax Rate (effective)

0.53%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 21, 2026$989,000—
Currently listed—$989,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

82% above assessment

Total Assessed

$543,700

Land

$322,400

Improvement

$221,300

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

15 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 1103 Cypress Ave in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (VaHome School Score 6/10), Virginia Beach Middle (VaHome School Score 6.4/10), First Colonial (VaHome School Score 7.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1103 Cypress Ave 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.
Does 1103 Cypress Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1103 Cypress Ave built?+
It was built in 1977, 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 Jessica McClanahan · LPT Realty LLC · REIN MLS #10650402

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.

1103 Cypress Ave, Virginia Beach — photo

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

Call or text (757) 777-7577

1103 Cypress Ave, Virginia Beach, Virginia 23451 · MLS #10650402 · 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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