13 days on market
$415,000
1116 Lakeview Dr
Portsmouth, Virginia 23701
MLS# 10636492 · CAVALIER MANOR · Portsmouth VA
Updated Jun 5, 2026 · Source: REIN MLS
Est. payment
$2,620/mo
Edit below
Price / sq ft
$190
2,181 sq ft
Days on market
13
New listing
HOA
None
Year built
1974
52 yrs old
Beds
4
Full Baths
2
Half Baths
0
Sq Ft
2,181
Garage
No
About this home
Welcome to this brick ranch nestled along the lake, offering peaceful views and timeless charm. This inviting home features hardwood floors, a spacious primary suite with private bath, a sunroom filled with natural light, and a relaxing deck great for enjoying a tranquil waterfront setting.
Listed by Jo-Ann Vass · BHHS RW Towne Realty
VaHome Team property overview
1116 Lakeview Drive is a four-bedroom, three-bath home in Portsmouth, Virginia, offering 2,181 square feet of living space built in 1974. With two major military installations just minutes away and everyday conveniences close by, this address checks a lot of boxes.
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Why this home stands out
What sets 1116 Lakeview Drive apart is the combination of size and location that's genuinely hard to find at this scale in Portsmouth. Four bedrooms and three full baths across 2,181 square feet gives everyone room to spread out, while the 1974 construction era means solid bones and generous room proportions you don't always see in newer builds. Add in a sub-fifteen-minute commute to two major military installations and you have a home that works hard for its owners.
CAVALIER MANOR and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most storied cities, sitting along the Southern Branch of the Elizabeth River with a character that blends working waterfront history with genuine neighborhood warmth. The area around Lakeview Drive sits in the western reaches of Portsmouth, a part of the city that tends to feel quieter and more residential than the busier corridors closer to downtown. Streets here are established, lots are mature, and neighbors tend to put down roots. Portsmouth itself offers a surprising amount of variety — from the beautifully preserved Victorian architecture of Olde Towne to the open green spaces scattered throughout the city's parks system. Getting around is straightforward thanks to easy access to Interstate 264 and Route 58, which connect you to the broader Hampton Roads region without a lot of fuss. Whether you're heading north toward Norfolk or west toward Suffolk, 1116 Lakeview Drive sits in a practical spot that keeps your options open.
What's nearby
Day-to-day errands are refreshingly simple from Lakeview Drive. A Food Lion sits just one mile away, so a quick grocery run never turns into a half-day event. When you'd rather skip cooking, Subway and China Sun are both within that same one-mile radius — solid options for a fast lunch or a casual weeknight dinner. The proximity of these everyday staples means you're not burning time on routine tasks, which adds up more than you'd think over the course of a week.
For different buyers
For military families relocating
Norfolk Naval Shipyard is roughly ten minutes from the front door, and Naval Medical Center Portsmouth is only about eleven — two of the region's most significant installations within an easy drive. That kind of proximity makes managing duty schedules, appointments, and the general rhythm of military life noticeably less stressful. Families using a VA loan will also find Portsmouth a competitive market for the dollar.
For families upgrading
Four bedrooms and three full baths give a growing family genuine flexibility — dedicated space for kids, a guest room, or a home office without anyone feeling squeezed. The 2,181-square-foot footprint means common areas can actually function as common areas. Portsmouth's established neighborhoods tend to attract families looking for stability, and Lakeview Drive fits that profile well.
Frequently asked questions
How far is 1116 Lakeview Drive from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately ten minutes from 1116 Lakeview Drive under typical traffic conditions, making it one of the most conveniently located addresses in Portsmouth for Shipyard personnel.
How far is 1116 Lakeview Drive from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is about eleven minutes away, a short and straightforward drive that makes this address practical for medical staff and military families who rely on NMCP services.
What is the flood zone status for 1116 Lakeview Drive?
Flood zone information for this property is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.
Is there a homeowners association at 1116 Lakeview Drive?
Based on available property data, this home does not appear to be part of a mandatory HOA, though buyers should confirm this during the due-diligence process.
What are the nearest grocery stores to 1116 Lakeview Drive?
Food Lion is the closest grocery option, located just one mile from the property — a quick trip that keeps routine shopping simple and convenient.
Curious whether 1116 Lakeview Drive is the right fit? Tom and Dariya Milan at LPT Realty know Portsmouth well — reach out and let's talk through what this address could mean for you.
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
4
Full Baths
2
Half Baths
0
Approx Sq Ft
2,181
Stories
1
Fireplaces
0
Flooring
Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
220 V Elec, Disposal, Dryer, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$415,000
Price / Sq Ft
$190
Annual Taxes
$4,143
Monthly Tax
$345
HOA
None
Tax Rate (effective)
1.00%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 23, 2026 | $415,000 | — |
| Currently listed | — | $415,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched Jun 4, 2026.
Total Assessed
$334,130
Land
$85,620
Improvement
$248,510
Parcel ID: 06660320
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 Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
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
$2,620/moPrincipal & interest
$2,153
Property tax
$345
Home insurance
$121
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# 10636492
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$415,000
1116 Lakeview DR, PORTSMOUTH VA 23701
Portsmouth, Virginia 23701
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