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Virginia Beach › BEACH BOROUGH › 1120 Ocean Trace Ln #301✓ Source: REIN MLS #10643462 · record updated Jul 19, 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
$250,000
$265 / sqft · est. $1,911/mo →
2beds
2baths
945sqft
8days on market

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

ActiveResidential · built 1987 · BEACH BOROUGH

About this home

The listing, in the seller's words

Stunning 2 bed, 2 bath condo in a gated community close to the oceanfront. This home offers a playground and a pool in a convenient location minutes from the beach, interstate, lots of shopping and restaurant galore!! Come check this out today

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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1120 Ocean Trace LN #301 is a two-bedroom, two-bath condo in Virginia Beach, built in 1987 and spanning 945 square feet. It sits minutes from NAS Oceana and Dam Neck Annex, putting you close to the coast, the base, and everyday conveniences.

Read the full overview ↓

Why this home stands out

Third-floor condo living means no one stomping overhead, and the 945-square-foot layout keeps things efficient without feeling cramped. Two full baths across two bedrooms is a practical split that works whether you're living solo with a guest room or sharing the space with a partner or roommate. The 1987 build era typically means solid construction with more generous room proportions than many newer micro-units in the area.

BEACH BOROUGH and the Virginia Beach real estate market

Ocean Trace Lane sits in the southern stretch of Virginia Beach, a part of the city that balances beach-town character with real everyday livability. You're not in the thick of the resort strip, which means quieter streets and a more residential feel — but the Atlantic Ocean is still just a short drive away when you want it. Virginia Beach itself is one of the largest cities by land area on the East Coast, and that scale means genuine variety: waterfront parks, a deep dining scene, independent coffee shops, and major retail all coexist without the city feeling overwhelming. The southern end near NAS Oceana has a strong military community presence, so neighbors tend to understand the rhythms of base life — early mornings, deployment cycles, and the occasional jet overhead. It's a community that moves at a comfortable pace while still having everything within reach.

What's nearby

Day-to-day errands are easy from this address. Grocery options, pharmacies, and casual dining are all within a few minutes by car. The Oceanfront boardwalk and beach access are a short drive north, giving you a genuine coastal outlet without making it your front yard. Lynnhaven Mall and the broader retail corridor along Virginia Beach Boulevard are accessible for bigger shopping runs. For outdoor time closer to home, First Landing State Park offers trails and waterfront scenery that feel genuinely removed from suburban life — even though you're never far from it.

For different buyers

For military families relocating

NAS Oceana is roughly five minutes away, and Dam Neck Annex is about eight — two of the most significant installations in Hampton Roads, both within easy reach. For a service member using a VA loan, a low-maintenance condo this close to the flight line can make the daily commute simple and keep more of your BAH working in your favor. Virginia Beach's strong military community means you'll find familiar faces and support networks nearby.

For first-time buyers

A 945-square-foot, two-bedroom condo is a practical first step into homeownership — enough space to live comfortably, without the upkeep demands of a larger single-family home. The two full baths add real day-to-day convenience, and the Virginia Beach location means you're buying into a coastal market with long-term appeal. If you're eligible for a VA loan, this type of property can be an especially efficient entry point.

More buyer questions

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

NAS Oceana is approximately five minutes away by car, making this one of the more convenient addresses in Virginia Beach for personnel stationed there. The short commute is one of the property's most practical advantages.

How far is 1120 Ocean Trace LN #301 from Dam Neck Annex?

Dam Neck Annex is about eight minutes away, putting it well within a comfortable daily commute. The proximity to two major installations makes this address especially practical for military households.

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

Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data. It's worth reviewing before making any decisions, as Virginia Beach flood designations can vary significantly by block.

Does 1120 Ocean Trace LN #301 have an HOA?

Yes, as a condo property it is governed by a homeowners association. HOA details — including what's covered and any community rules — should be confirmed through current disclosure documents during the purchase process.

What is the square footage and layout of unit 301?

The unit is 945 square feet with two bedrooms and two full bathrooms. It's a third-floor unit, which typically means added privacy and no upstairs neighbors.

Tom and Dariya Milan at LPT Realty know this Virginia Beach market well — reach out to get your questions answered and take a closer look at 1120 Ocean Trace LN #301.

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

1987

Price / sqft

$265

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

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

Linkhorn Park

Linkhorn Park is an established neighborhood in the Great Neck area of Virginia Beach, set along the wooded shoreline near Linkhorn Bay just off the First Colonial Road corridor.

$524K

Median sale · 12 mo

$331

Sold $/sq ft

4d

Days on market

8

For sale now

$109K

HH income

69%

Owner-occupied

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

Explore Linkhorn Park →
Map of Linkhorn Park 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

$1,552/mo

Principal & interest

$1,297

Property tax

$182

Home insurance

$73

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

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

$260,000 – $300,000

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.

1066 Ocean Pebbles WAY · 0.7 mi · 948 sqft$265,000 sold 2026-02
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

Sale & Tax History

List Price

$250,000

Price / Sq Ft

$265

Annual Taxes

$2,182

Monthly Tax

$182

HOA fee

$359 / mo

Tax Rate (effective)

0.87%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 11, 2026$250,000—
Currently listed—$250,000—

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

8 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 1120 Ocean Trace Ln #301 in a good school zone?+
The assigned zones on the listing record are Linkhorn Park Elementary (GreatSchools 9/10), Virginia Beach Middle (GreatSchools 7/10), Frank W. Cox (GreatSchools 7/10). 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

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.

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