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✓ Source: REIN MLS #10643462 · record updated Oct 23, 2026 · synced every 2 min · your inquiry is never resold
$245,000Last list price
2beds
2baths
945sqft
$259per sqft
Off the market since Oct 23, 2026

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

Off MarketResidential · built 1987 · BEACH BOROUGH · MLS #10643462

Listing statusThis home is off the market

1120 Ocean Trace Ln #301 was listed for sale on Jul 10, 2026. The last list price was $245,000. It came off the market on Oct 23, 2026. It is not listed for sale in the REIN MLS.

OverviewAbout 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

Facts & features

TypeResidential
Year built1987
Price / sqft$259
HOA fee$359/mo
Taxes$2,182/yr
CountyVirginia 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
Condo
Garage
No
Parking
Assigned/Reserved, Off Street
Possession
SETTLEMENT

See more Virginia Beach condos & townhomes.

Sources: REIN MLS record

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 1120 Ocean Trace Lane #301, a two-bedroom, two-bath condo in Virginia Beach. You're just five minutes from NAS Oceana and steps from dining, fitness, and parks. This 945-square-foot home offers convenient coastal living with easy base access.

Read the full overview ↓

Why this home stands out

This corner-unit condo sits in a walkable pocket of Virginia Beach where restaurants, gyms, and grocery stores cluster within a few blocks. Built in 1987, the unit gives you two full baths and an efficient floor plan. You'll find homes for sale in 23451 often trade square footage for location and convenience—this one delivers both. The neighborhood hums with activity without feeling crowded.

BEACH BOROUGH and the Virginia Beach real estate market

Ocean Trace sits in a vibrant, mixed-use area of Virginia Beach where locals move easily between home, work, and leisure. The streets here blend residential condos with neighborhood restaurants and fitness studios. You're walking distance to Seatack North Park and a short drive to Tidewater Veterans Memorial Park. Virginia Beach itself is a sprawling coastal city anchored by military presence and recreational opportunity. NAS Oceana dominates the local economy and character. The city spreads across the southern tip of the Tidewater, with neighborhoods ranging from beachfront to inland. Getting around is straightforward—major routes like Laskin Road and General Booth Boulevard connect you to shopping, dining, and the waterfront. Anyone comparing homes for sale in Virginia Beach will notice how base proximity shapes commute times and community feel. This condo puts you at the heart of that convenience.

What's nearby

Daily life is easy here. Pizza Hut, Quemar, and SMOKE SHACK sit within a three-block radius for quick meals. Coffee runs take you to 7-Eleven, McDonald's, or Dunkin'. Groceries are close: DG Market, Food Lion, and Amoco all sit under a mile away. Fitness options abound—GoodGood Studio, Coastal Pilates and Yoga, and Corrective Kinesiology Health and Fitness are all within walking distance. Seatack North Park is just three blocks away for outdoor time.

For different buyers

Base commute and VA loan notes

NAS Oceana is five minutes away; Dam Neck Annex is eight. VA loan financing is standard here, and this condo's two-bath layout and walkable location mean you can settle quickly. The base-adjacent location cuts your commute and keeps you connected to the military community.

For buyers drawn to character

Built in 1987, this condo carries the straightforward charm of its era—no fussy details, just solid construction and efficient use of space. Two full baths and a corner position give you light and privacy. If you are comparing Virginia Beach homes for sale, this unit's walkability and proximity to restaurants and parks set it apart from typical suburban layouts.

More buyer questions

How far is 1120 Ocean Trace from NAS Oceana?

About five minutes by car. Dam Neck Annex is eight minutes away, making this address convenient for either base.

What's the neighborhood like for walking?

Very walkable. Restaurants, coffee shops, gyms, and Seatack North Park are all within a few blocks, so you can run errands and exercise on foot.

Are there grocery stores nearby?

Yes. DG Market, Food Lion, and Amoco are all within a mile, giving you multiple options for shopping.

Can I find homes for sale zoned for Cox High School and homes for sale zoned for Linkhorn Park Elementary School in this area?

Yes. This address falls within those school zones, so you can compare homes for sale zoned for Cox High School and homes for sale zoned for Linkhorn Park Elementary School in this neighborhood.

What parks are close by?

Seatack North Park is three blocks away. Tidewater Veterans Memorial Park and Season for Nonviolence Parklet are also nearby for outdoor activities.

Ready to explore 1120 Ocean Trace? Contact Tom & Dariya Milan at LPT Realty to schedule a tour of this convenient Virginia Beach condo.

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

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighFrank W. Cox High School
8.2/10
Up 0.2 from 2024–25
MiddleVirginia Beach Middle School
7.1/10
Up 0.7 from 2024–25
ElementaryLinkhorn Park Elementary School
7.2/10
Down 0.1 from 2024–25

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.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

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Military Commute

Drive times to nearest bases

NAS Oceana

Navy

16min·6mi

Dam Neck

Navy

20min·8.4mi

Little Creek

Navy

27min·15.6mi

USCG Finance Ctr

Coast Guard

32min·20.5mi

USCG Portsmouth

Coast Guard

26min·18.6mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

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

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

High Risk

FEMA flood zone

AE (1% annual chance)

Base flood elevation

7 ft above sea level

Property elevation

5.4 ft above sea level

1.6 ft below BFE

USGS 3DEP digital elevation model

Special Flood Hazard Area — 1% annual chance of flooding. Federal flood insurance is required on most mortgages.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Zone AE typically means lenders require flood insurance.

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 neighborhoodLands End

Lands End is a condo community in Virginia Beach, ZIP 23451. It sits off Norfolk Avenue near North Birdneck Road. The Atlantic oceanfront and boardwalk are a short way off.

$290KMedian sale · 12 mo
$306Sold $/sq ft
14dDays on market
1For sale now
$83KHH income
61%Owner-occupied

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

Explore Lands End →
Map of Lands End with neighborhood boundaryNeighborhood

Virginia Beach real estate →

Value & historyComparables

Price context: similar nearby homes$245,000 – $306,000The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for the last list 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
139 Saw Grass Bnd · 0.8 mi · 948 sqft$245,000 sold 2026-11
1113 Lands End WAY #25D1 · 0.9 mi · 948 sqft$270,000 sold 2026-07

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
Off market—$245,000Last list price

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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
1120 Ocean Trace Ln #301this home, last list price$245,00022945$259
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions about this home

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 7.2/10), Virginia Beach Middle (VaHome School Score 7.1/10), Frank W. Cox (VaHome School Score 8.2/10). 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.

Off the marketSee what this home is worth now

This home is not listed for sale in the REIN MLS. The home value tool estimates a current value from recent nearby sales.

Homes for sale in Virginia Beach

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