Why this home stands out
At 945 square feet, this third-floor, two-bed, two-bath condo delivers a smart, efficient floor plan without wasted space. Built in 1987, the building carries that era's solid construction while sitting in a location that genuinely earns the word convenient — grocery stores, restaurants, fitness studios, and green space are all within a short walk or quick drive. For anyone tied to NAS Oceana or Dam Neck Annex, the commute is almost nonexistent.
BEACH BOROUGH and the Virginia Beach real estate market
Ocean Trace Lane sits in the southern Virginia Beach corridor, a stretch of the city that balances everyday practicality with proximity to the Atlantic coast. Virginia Beach is the most populous city in the Commonwealth of Virginia, and this part of it draws residents who want access to the beach lifestyle without paying oceanfront premiums. The surrounding streets are a mix of condos, townhomes, and small commercial strips — the kind of neighborhood where you can grab coffee, hit the gym, and pick up groceries without ever getting on a highway. Tidewater Veterans Memorial Park is less than a mile away, giving the area a quiet civic anchor. The broader Virginia Beach community is known for its military presence, its 35-mile coastline, and a year-round calendar of outdoor activity. From this address, you're close enough to the ocean to feel it in the air, while still being firmly planted in a functional, connected part of the city.
What's nearby
Daily errands are genuinely easy from 1120 Ocean Trace LN #301. Food Lion and DG Market are both 0.7 miles out for grocery runs, and quick bites are practically at your doorstep — Pizza Hut, Quemar, and Smoke Shack are all within 0.3 miles. Coffee options include a 7-Eleven at 0.4 miles, McDonald's at 0.5, and Dunkin' at 0.7. If fitness is part of your routine, GoodGood Studio, Coastal Pilates and Yoga, and Corrective Kinesiology Health and Fitness are all within 0.3 miles. Seatack North Park is a three-minute walk, and Tidewater Veterans Memorial Park is under a mile away.
For different buyers
For military families relocating
Five minutes to NAS Oceana and eight to Dam Neck Annex — the commute math here is hard to beat. A VA loan can make this two-bed, two-bath condo an especially straightforward path to ownership in Virginia Beach. Whether you're on a short tour or planning to stay longer, this location keeps your options open and your drive time short.
For first-time buyers
At 945 square feet with two bedrooms and two full baths, this condo is a practical, right-sized entry point into Virginia Beach homeownership. The layout gives you room to live comfortably without the overhead of a larger property. Groceries, restaurants, and green space are all within walking distance — which means your daily life stays simple from day one.
More buyer questions
How far is 1120 Ocean Trace LN #301 from NAS Oceana?
NAS Oceana is approximately 5 minutes away by car, making this one of the closer residential options to the base in Virginia Beach. The short commute is one of the address's most practical advantages.
How far is 1120 Ocean Trace LN #301 from Dam Neck Annex?
Dam Neck Annex is about 8 minutes away by car. Personnel assigned there will find this location cuts commute time significantly compared to much of Virginia Beach.
Is 1120 Ocean Trace LN #301 part of an HOA?
Yes, this condo 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 is the flood zone status for 1120 Ocean Trace LN #301?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page. We recommend reviewing that section and discussing flood insurance options with your agent.
Can a VA loan be used to purchase a condo at 1120 Ocean Trace LN #301?
VA loans can be used for condo purchases, but the condo complex must be on the VA-approved list — your lender can verify approval status quickly. If the complex isn't currently approved, there is a process to request it.
Curious whether 1120 Ocean Trace LN #301 fits your situation? Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well — reach out and let's talk through the details.
