23 days on market
$399,000
5501 Larry Ave
Virginia Beach, Virginia 23462
MLS# 10629172 · FAIR MEADOWS · Virginia Beach VA
Updated Apr 22, 2026 · Source: REIN MLS
Est. payment
$2,411/mo
Edit below
Price / sq ft
$344
1,160 sq ft
Days on market
23
HOA
None
Year built
1955
71 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
1,160
Garage
Yes
Schools
- ElementaryArrowhead Elementary School7/10
- MiddleLarkspur Middle School6/10
- 6/10
Info provided by GreatSchools
About this home
Rare lakefront find in sought-after hidden gem neighborhood! Occupied by this family since 1970! 3 bedroom ranch on 1/3 acre. deep lot. Classic brick and cedar home with original hardwood floors throughout. Enjoy fishing from your own dock, kayaking/canoeing and watching wildlife from wooded yard and expansive covered patio! Attached garage and long double width driveway. Newer huge metal garage behind house for car…
Listed by April Ford · Howard Hanna Real Estate Svcs.
VaHome Team property overview
5501 Larry Ave sits on a generous third-of-an-acre lot in Virginia Beach's Fair Meadows neighborhood — a 1955 ranch-style home with 3 bedrooms, 2 baths, and 1,160 square feet, just ten minutes from JEB Little Creek-Fort Story.
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Why this home stands out
What makes 5501 Larry Ave stand out is the lot. At 0.33 acres, you're getting real outdoor space in an established neighborhood where lots this size are increasingly hard to find. The 1955 construction means solid bones, a single-story layout, and a footprint that's easy to live in and easy to personalize. Two full baths for three bedrooms is a practical win, and the proximity to two military installations makes the address genuinely versatile.
FAIR MEADOWS and the Virginia Beach real estate market
Fair Meadows is one of those Virginia Beach neighborhoods that doesn't try too hard — it's just a well-rooted, mid-century residential pocket where the streets are quiet, the lots are generous, and the neighbors have often been around long enough to wave hello by name. The area sits in the heart of Virginia Beach, giving you quick access to both the oceanfront and the western reaches of the city without committing to either extreme. Homes here were mostly built in the 1950s and 60s, which means mature trees, established landscaping, and a sense of permanence you don't always find in newer subdivisions. Golfers will note that heron ridge golf club virginia beach va is a short drive away, adding a recreational anchor to the area's appeal. Virginia Beach as a whole brings the full package — military community, coastal lifestyle, diverse dining, and a job market anchored by defense, healthcare, and tourism. Fair Meadows sits comfortably in the middle of all of it.
What's nearby
Daily errands are easy from Larry Ave. Asia Grocery, Moldova Food, and Boulevard Stop Mart are all within half a mile for quick grocery runs. When you want to eat without cooking, Touch of Da South and Domino's Pizza are both about three-tenths of a mile away — and Black Rifle Coffee Company is right there too for your morning routine. Tira's Foods offers another local coffee option nearby. Southside Barbell and Pink Pearl Gymnastics are within half a mile for fitness, and Sound X Selfcare brings yoga and wellness coaching to the mix just down the road. Northridge Park and Newsome Farm Park are both under a mile for outdoor time.
For different buyers
For military families relocating
JEB Little Creek-Fort Story is about ten minutes from 5501 Larry Ave, and USCG Base Portsmouth is roughly thirteen. That kind of commute matters when duty schedules are unpredictable. A VA loan can make a home like this more accessible than many service members expect, and BAH rates in Virginia Beach are structured with this market in mind. The single-story layout and manageable square footage also make PCS transitions smoother.
For first-time buyers
If you're exploring houses in Virginia Beach for sale and want real lot size without stretching into the suburbs, 5501 Larry Ave is worth a close look. A third of an acre in an established neighborhood, two full baths, and a single-story floor plan that's straightforward to maintain — it's a practical entry point into Virginia Beach homeownership with room to grow into the outdoor space over time.
Frequently asked questions
How far is 5501 Larry Ave from JEB Little Creek-Fort Story?
The drive is roughly ten minutes under normal traffic conditions, making it one of the more convenient off-base addresses for personnel stationed there.
How far is 5501 Larry Ave from USCG Base Portsmouth?
USCG Base Portsmouth is approximately thirteen minutes away, a manageable commute for Coast Guard personnel looking to live in Virginia Beach.
What is the lot size at 5501 Larry Ave?
The lot measures 0.33 acres, which is notably generous for an established Virginia Beach neighborhood and provides substantial outdoor space front and back.
Is 5501 Larry Ave in a flood zone?
Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data for the property.
What neighborhood is 5501 Larry Ave in?
The home is located in Fair Meadows, an established mid-century residential neighborhood in Virginia Beach known for its mature trees and generous lot sizes.
Tom and Dariya Milan at LPT Realty know Fair Meadows and the surrounding Virginia Beach market well — reach out to get your questions answered and schedule a walkthrough of 5501 Larry Ave.
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
3
Full Baths
2
Half Baths
0
Approx Sq Ft
1,160
Stories
1
Fireplaces
0
Flooring
Laminate/LVP, Wood
Heating
Basebd,Heat Pump
Cooling
Central Air,Heat Pump
Laundry
Interior Features
Pull Down Attic Stairs
Appliances
220 V Elec, Dishwasher, Range, Elec Range, Refrigerator
Sale & Tax History
List Price
$399,000
Price / Sq Ft
$344
Annual Taxes
$2,695
Monthly Tax
$225
HOA
None
Tax Rate (effective)
0.68%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 12, 2026 | $399,000 | — |
| Currently listed | — | $399,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$277,900
Land
$120,000
Improvement
$157,900
Parcel ID: 14673655750000 · View on city GIS portal
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 hourly.
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
$2,411/moPrincipal & interest
$2,070
Property tax
$225
Home insurance
$116
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 Howard Hanna Real Estate Svcs. · MLS# 10629172
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$399,000
5501 Larry Ave, Virginia Beach, VA 23462, USA
Virginia Beach, Virginia 23462
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