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Portsmouth › CAVALIER MANOR › 1116 Lakeview Dr✓ Source: REIN MLS #10636492 · record updated Jun 29, 2026 · synced every 5 min · your inquiry is never resold
1116 Lakeview DR, PORTSMOUTH VA 23701 - Main photo
1116 Lakeview DR, PORTSMOUTH VA 23701 - Photo 2
1116 Lakeview DR, PORTSMOUTH VA 23701 - Photo 3
1116 Lakeview DR, PORTSMOUTH VA 23701 - Photo 4
1116 Lakeview DR, PORTSMOUTH VA 23701 - Photo 5
$405,000
$186 / sqft · est. $2,565/mo →
4beds
2baths
2,181sqft
38days on market

1116 Lakeview Dr, Portsmouth, VA 23701

ActiveResidential · built 1974 · CAVALIER MANOR

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Lake.

Frontage

Lake ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

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. Dining room set, kitchen table, and office furniture are available for separate purchase outside of the real estate transaction. Seller will consider reasonable offers for these items. HVAC system has been recently serviced and ready for the new season, new water heater with warranty, and roof is approximately 3 years old and is covered by a transferable warranty.

Listing courtesy of Jo-Ann Vass · BHHS RW Towne Realty · REIN MLS #10636492

VaHome team overview

Our read on this home

At a glance

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.

Read the full overview ↓

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.

More buyer 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.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1974

Price / sqft

$186

HOA

None

Taxes

$4,143/yr

County

Portsmouth VA

Waterfront

Yes

MLS #

10636492

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

Flood & environment

The flood answer first — quantified, not buried

FEMA flood zone X · outside the high-risk area · FIRM 515529

Flood Risk

Looking up FEMA flood zone…

Hurricane evacuation zone: Zone D · VDEM Know Your Zone

Outside all mapped AICUZ jet-noise contours and Accident Potential Zones.

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

$2,565/mo

Principal & interest

$2,101

Property tax

$345

Home insurance

$118

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.

Value & history

Judge value on real ground

Asking vs. assessment

121% of $334,130

City assessment record · taxes $4,143/yr

Land share of assessed value

26% — $85,620

Improvements $248,510 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$300,000 – $450,000

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.

1618 Belafonte DR · 0.3 mi · 2,068 sqft$389,900 sold 2026-05
1325 Warfield DR · 0.1 mi · 1,900 sqft$350,000 sold 2026-01
1231 Darren DR · 0.4 mi · 1,979 sqft$300,000 sold 2026-05

Sale & Tax History

List Price

$405,000

Price / Sq Ft

$186

Annual Taxes

$4,143

Monthly Tax

$345

HOA

None

Tax Rate (effective)

1.02%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 22, 2026$405,000—
Price reducedJun 29, 2026$405,000−$10,000
Currently listed—$405,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

21% above assessment

Total Assessed

$334,130

Land

$85,620

Improvement

$248,510

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:

Portsmouth 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

38 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

Real questions, answered from the record

Is 1116 Lakeview Dr in a good school zone?+
The assigned zones on the listing record are Lakeview Elementary (GreatSchools 3/10), William E. Waters Middle, IC Norcom. School attendance zones can change — always confirm enrollment with the local school division.
Is 1116 Lakeview Dr 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.
Where is the nearest grocery store to 1116 Lakeview Dr?+
Food Lion is about 1 miles away. The closest dining on record is Subway (1 mi).
Is 1116 Lakeview Dr a waterfront property?+
Yes. The listing record shows: Lake.
Does 1116 Lakeview Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1116 Lakeview Dr built?+
It was built in 1974, 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

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Jo-Ann Vass · BHHS RW Towne Realty · REIN MLS #10636492

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.

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

Call or text (757) 777-7577

1116 Lakeview Dr, Portsmouth, Virginia 23701 · MLS #10636492 · 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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