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Virginia BeachLAKEWOOD1103 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 Ave is a 2,550-square-foot multi-family property built in 1977, sitting just six minutes from NAS Oceana in the heart of Virginia Beach's 23451 zip code — a compact, walkable pocket where daily errands, good food, and green space are all within a short stroll.

Read the full overview ↓

Why this home stands out

Multi-family properties of this size are genuinely rare this close to NAS Oceana and Dam Neck Annex, and 1103 Cypress Ave delivers 2,550 square feet of living space on a footprint that puts two military installations within single-digit drive times. The 23451 zip code carries real cachet in Virginia Beach — walkable, established, and close to the oceanfront — and this address sits right in the middle of it.

LAKEWOOD and the Virginia Beach real estate market

Cypress Avenue sits in one of Virginia Beach's most approachable inland neighborhoods, just far enough from the resort strip to feel genuinely residential but close enough to benefit from everything that surrounds it. The streets here are mature and tree-lined, the blocks are compact, and neighbors tend to know each other. It's the kind of area where you can walk to grab coffee or lunch without thinking twice about it. Virginia Beach as a city offers a rare combination of military infrastructure, coastal lifestyle, and a surprisingly diverse dining and arts scene — and this corner of it captures much of that without the resort-area noise. Families comparing homes for sale in Virginia Beach often gravitate toward 23451 because it threads the needle between convenience and character. The city's Oceanfront is a short drive east, Town Center is accessible to the west, and the broader network of Virginia Beach parks and trails is woven throughout.

What's nearby

Day-to-day life from 1103 Cypress Ave is genuinely easy. Icehouse Restaurant, Tad's Deli, and Zeke's are all within two-tenths of a mile — so lunch or a casual dinner rarely requires getting in the car. Fathom Coffee is three-tenths of a mile away for your morning routine. Grocery runs are covered by Tienda Latina La Tapatia 2 and Prise's Food Mart, both under half a mile. For fitness, TakeOver Athletics Shadowlawn, Kaizen Athletics, and ReStormi Pilates are all within a few blocks. Virginia Legends Park and Vibe Park round out the neighborhood at 0.4 miles, giving you green space and room to decompress without a commute.

For different buyers

For military families relocating

Six minutes to NAS Oceana and seven to Dam Neck Annex — that's the kind of commute that changes the texture of daily life for a military household. A VA loan can make a multi-family property like this especially practical, and the 23451 location means you're close to base without being boxed into base-adjacent-only options. Families weighing homes for sale zoned for First Colonial High School and homes for sale zoned for Cooke Elementary School will find this address worth a close look.

For first-time buyers

Multi-family properties in walkable Virginia Beach zip codes don't come up often at this size, and 1103 Cypress Ave is one of the more compelling addresses among homes for sale in 23451. If you're a first-time buyer exploring how to make a property work harder for you, 2,550 square feet of multi-family space this close to two military installations and a full walkable amenity set is a strong starting point.

More buyer questions

How far is 1103 Cypress Ave from NAS Oceana?

NAS Oceana is approximately six minutes from 1103 Cypress Ave by car, making it one of the closer off-base addresses you'll find in Virginia Beach at this size. Dam Neck Annex is just one minute further at roughly seven minutes.

What zip code is 1103 Cypress Ave in?

1103 Cypress Ave is in the 23451 zip code, one of Virginia Beach's most established and walkable inland zip codes, sitting between the Oceanfront and the broader city core.

Is 1103 Cypress Ave in a flood zone?

Flood zone information for 1103 Cypress Ave is displayed in the FloodRisk tile on this page — check there for the current FEMA designation and any relevant flood insurance context.

What kind of property is 1103 Cypress Ave?

1103 Cypress Ave is a multi-family residential property built in 1977, with 2,550 square feet of total living space — an uncommon property type at this size in the 23451 zip code.

Are there restaurants and coffee shops within walking distance of 1103 Cypress Ave?

Yes — Icehouse Restaurant, Tad's Deli, and Zeke's are all within 0.2 miles, and Fathom Coffee is just 0.3 miles away, making the immediate walkable amenity set genuinely strong for a Virginia Beach address.

Tom and Dariya Milan at LPT Realty know this zip code well. Reach out to get a straight answer on whether 1103 Cypress Ave fits your goals — no pressure, just good information.

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

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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.