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…
This 1,160-square-foot, three-bedroom ranch built in 1955 is priced at $399,000 ($344/sqft) and sits on a third-acre lakefront lot in the Fair Meadows subdivision of Virginia Beach. The detached home features original hardwood floors, a dock for water access, and a separate metal garage, with recent updates including a new roof and HVAC system installed three years ago. Located in a cul-de-sac setting with convenient access to Interstates 264 and 64, the property is approximately 15 minutes from the oceanfront and downtown Norfolk/Portsmouth.
Summary generated by AI from public records and publicly available information.
Listed by April Ford · Howard Hanna Real Estate Svcs.
Location & Neighborhood
Location & Street View
5501 Larry Ave, Virginia Beach
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Map data ©Google. Click and drag inside the map to explore the surrounding area.
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
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
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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