Skip to main content
Virginia BeachBEACH BOROUGH1120 Ocean Trace Ln #301✓ Source: REIN MLS #10643462 · record updated Aug 14, 2026 · synced every 2 min · your inquiry is never resold
1120 Ocean Trace LN #301, VIRGINIA BEACH VA 23451 - Main photo
1120 Ocean Trace LN #301, VIRGINIA BEACH VA 23451 - Photo 2
1120 Ocean Trace LN #301, VIRGINIA BEACH VA 23451 - Photo 3
1120 Ocean Trace LN #301, VIRGINIA BEACH VA 23451 - Photo 4
1120 Ocean Trace LN #301, VIRGINIA BEACH VA 23451 - Photo 5
2beds
2baths
945sqft
35days on market

1120 Ocean Trace Ln #301, Virginia Beach, VA 23451

ActiveResidential · built 1987 · BEACH BOROUGH

Facts & features

Type

Residential

Year built

1987

Price / sqft

$259

HOA fee

$359/mo

Taxes

$2,182/yr

County

Virginia Beach VA

MLS #

10643462

HOA association includes

Gated CommunityPool

$359/mo HOA fee · Ocean Trace Condominium · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Approx. sqft
945
Stories
1
Flooring
Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
7
Other rooms
Breakfast Area, PBR with Bath, Pantry, Utility Closet
Appliances
Dishwasher, Disposal, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup

Construction & exterior

Style
Apartment, Contemp, Lo Rise
Subtype
Attached
Foundation
Crawl
Roof
Composite
Exterior
Vinyl
Pool
No Pool

Utilities & systems

Heating
Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
BEACH BOROUGH
Unit / floor
3
Zoning
A18
Ownership
Fee Simple
Garage
No
Parking
Assigned/Reserved, Off Street
Possession
SETTLEMENT

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

About this home

Beautifully Updated 2-Bedroom, 2-Bath Condo in a Gated Community! Welcome home to this beautifully updated 2-bedroom, 2-bathroom condo, offering comfortable living, thoughtful upgrades, and desirable community amenities. The unit features a 2-year-old energy-efficient HVAC system, providing added peace of mind and energy savings, along with a brand-new stainless steel refrigerator that brings a fresh, modern touch to the kitchen. Residents enjoy access to a refreshing community pool and a well-equipped fitness center. Recent HOA improvements add even more value, including an updated water meter and community fencing. Come make this beautiful home yours!

Listing courtesy of Lisa Dunn · Aweigh Real Estate · REIN MLS #10643462

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

A two-bedroom, two-bath condo at 1120 Ocean Trace Lane #301 puts you five minutes from NAS Oceana in the heart of Virginia Beach's 23451 zip code. At 945 square feet, it's a compact, well-located home built in 1987 with everyday conveniences practically at your door.

Read the full overview ↓

Why this home stands out

What sets Unit 301 apart is its location sweet spot: close enough to NAS Oceana and Dam Neck Annex to make the commute almost a non-issue, yet positioned in a Virginia Beach zip code where parks, fitness studios, and dining are all within a short walk or quick drive. For a two-bedroom condo, the floor plan uses its 945 square feet efficiently, giving each bedroom its own full bath — a layout that works hard for the space it occupies.

BEACH BOROUGH and the Virginia Beach real estate market

Ocean Trace Lane sits in the southern Virginia Beach corridor, a part of the city that balances everyday practicality with genuine coastal character. The surrounding blocks are a mix of condos, townhomes, and single-family properties, giving the area a varied, lived-in feel rather than a cookie-cutter sameness. Seatack — one of Virginia Beach's oldest African-American communities — is close by, lending the area real historical depth. Virginia Beach itself stretches from the Chesapeake Bay to the Atlantic, and this address sits comfortably inland, away from the tourist congestion of the Oceanfront while still being a reasonable drive to the beach. The 23451 zip code covers a broad swath of the city's midsection, making homes for sale in 23451 attractive to a wide range of buyers who want proximity to both military installations and civilian amenities. City services, public transit options, and the broader infrastructure of Virginia Beach's second-largest city in Virginia are all accessible from here.

What's nearby

Daily errands are genuinely easy from Unit 301. Food Lion and DG Market are both 0.7 miles away for grocery runs, and an Amoco is equally close for quick stops. When you'd rather not cook, Pizza Hut, Quemar, and SMOKE SHACK are all within 0.3 miles. Morning coffee is covered by a 7-Eleven just 0.4 miles out, with McDonald's and Dunkin' also nearby. For fitness, GoodGood Studio, Coastal Pilates and Yoga, and Corrective Kinesiology Health and Fitness are all within 0.3 miles — a rare concentration of options. Seatack North Park is a 0.3-mile walk, and Tidewater Veterans Memorial Park is 0.7 miles away.

For different buyers

For military families relocating

Five minutes to NAS Oceana and eight minutes to Dam Neck Annex — that's the kind of commute that makes a real difference in a military household's daily rhythm. A VA loan can make this two-bed, two-bath condo accessible with favorable financing terms, and the dual-bath layout means two people can get out the door on time, every morning.

For first-time buyers

If you're comparing Virginia Beach homes for sale and want something manageable in size without sacrificing location, Unit 301 checks a lot of boxes. Two full baths, two bedrooms, and a walkable cluster of restaurants, gyms, and parks make this a practical entry point into homeownership in one of Hampton Roads' most in-demand zip codes.

More buyer questions

How far is 1120 Ocean Trace Lane #301 from NAS Oceana?

NAS Oceana is approximately five minutes away by car, making this one of the closer residential options to the base in Virginia Beach. Dam Neck Annex is about eight minutes in the same general direction.

Is 1120 Ocean Trace Lane #301 in an HOA?

Yes, this condo unit is part of a homeowners association. HOA fee amounts are not listed here, but your agent can pull the current dues and governing documents before you make any decisions.

What zip code is 1120 Ocean Trace Lane in?

The property is in zip code 23451, a Virginia Beach zip that covers a broad mid-city corridor with good access to military bases, parks, and everyday retail.

Is 1120 Ocean Trace Lane #301 in a flood zone?

Flood zone information for this address is handled by the FloodRisk tile on this page, which pulls the current FEMA designation. Your lender will also confirm flood insurance requirements during underwriting.

What schools serve 1120 Ocean Trace Lane #301?

Families comparing homes for sale zoned for Cox High School and homes for sale zoned for Linkhorn Park Elementary School will want to verify current Virginia Beach City Public Schools zoning directly with the district, as attendance boundaries can change.

Tom and Dariya Milan at LPT Realty know this Virginia Beach market well. Reach out to get your questions answered and schedule a walkthrough of Unit 301.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Virginia Beach$205K – $285K2+ beds

Listings refresh every 2 minutes, straight from the MLS. At most one email a day. Unsubscribe anytime.

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 AE · base flood elevation 7 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone B

Source: Virginia Dept. of Emergency Management — Know Your Zone

Military Aircraft Zone Information

Aircraft Noise

>75 dB DNL

Accident Potential Zone

APZ-2

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhood

Birdneck Point

Birdneck Point is a waterfront neighborhood set on a peninsula in Virginia Beach, surrounded on multiple sides by Linkhorn Bay and Little Neck Creek, with many homes offering deep-water access toward the Chesapeake Bay and the Atlantic.

$1.48M

Median sale · 12 mo

$552

Sold $/sq ft

19d

Days on market

4

For sale now

$119K

HH income

90.1%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Birdneck Point
Map of Birdneck Point with neighborhood boundaryNeighborhood

Virginia Beach real estate

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

$1,525/mo

Principal & interest

$1,271

Property tax

$182

Home insurance

$71

PMI

None

HOA/Condo (paid separately)

$359

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

Judge value on real ground

Price context — similar nearby homes

$260,000$306,000

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.

1148 Ocean Pebbles WAY · 0.8 mi · 948 sqft$260,000 sold 2026-09
147 Saw Grass BND · 0.8 mi · 948 sqft$260,000 sold 2026-06
1173 Black Duck CT · 0.9 mi · 948 sqft$299,900 sold 2026-04

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$245,000

Price / Sq Ft

$259

Annual Taxes

$2,182

Monthly Tax

$182

HOA fee

$359 / mo

Tax Rate (effective)

0.89%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 10, 2026$245,000
Price reducedAug 14, 2026$245,000−$5,000
Currently listed$245,000

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

35 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 1120 Ocean Trace Ln #301 in a good school zone?+
The assigned zones on the listing record are Linkhorn Park Elementary (VaHome School Score 7.3/10), Virginia Beach Middle (VaHome School Score 6.4/10), Frank W. Cox (VaHome School Score 8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1120 Ocean Trace Ln #301 in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 7 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Does 1120 Ocean Trace Ln #301 have an HOA?+
Yes — HOA dues are on record for this property (the current amount is shown in the facts section on this page). The association of record is Ocean Trace Condominium. Association amenities on record include: Gated Community, Pool.
When was 1120 Ocean Trace Ln #301 built?+
It was built in 1987, 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 Lisa Dunn · Aweigh Real Estate · REIN MLS #10643462

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.

1120 Ocean Trace Ln #301, Virginia Beach — photo

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

Call or text (757) 777-7577

1120 Ocean Trace Ln #301, Virginia Beach, Virginia 23451 · MLS #10643462 · 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.