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✓ Source: REIN MLS #10626227 · record updated Apr 17, 2026 · synced every 2 min · your inquiry is never resold
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$1,049,900Last list price
5beds
3.2baths
4,151sqft
$253per sqft
Off the market since Apr 17, 2026

118 Sleepy Point Way, Suffolk, VA 23435

Off MarketResidential · built 1992 · 1.57 acres · SLEEPY POINT · MLS #10626227

Listing statusThis home is off the market

118 Sleepy Point Way was listed for sale on Jul 11, 2026. The last list price was $1,049,900. The MLS record was last updated on Apr 17, 2026. It is not listed for sale in the REIN MLS.

OverviewAbout this home

Stunning waterfront home in desirable Nansemond River Estates offering breathtaking sunsets and deep water access (approx. 30 ft in channel). This spacious 5-bedroom, 3 full bath, 2 half bath residence features over 4,100 sq ft on 1.57 acres. Enjoy a fully renovated eat-in kitchen with open floor plan, perfect for entertaining. Several bathrooms have been updated, including the primary bath with a new jetted tub. Architectural highlights include a grand curved staircase and soaring cathedral ceilings. Outdoor living shines with a large wood deck, renovated private dock, and a beautifully designed tiered edible and butterfly garden. Additional features include a sprinkler system with new control panel. Exceptional blend of comfort, style, and waterfront living! 10k toward closing cost or rate buy down.

Listing courtesy of Kathy Worthen · BHHS RW Towne Realty · REIN MLS #10626227

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Deep Water Access, Dock, Navigable, Riparian Rights, River.

Frontage

River ✓ VERIFIED

Dock

Dock

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

Facts & features

TypeResidential
Year built1992
Price / sqft$253
HOA fee$34/mo
Taxes$10,087/yr
CountySuffolk VA
WaterfrontYes
MLS #10626227

HOA association includes

DockOtherTennis Cts

$34/mo HOA fee · per the REIN MLS listing record. Confirm inclusions with the association.

Interior

Bedrooms
5
Full baths
3
Half baths
2
Approx. sqft
4,151
Stories
3
Flooring
Carpet, Ceramic, Other, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
9
Other rooms
1st Floor BR, Attic, Balcony, Breakfast Area, Fin. Rm Over Gar, Foyer, Loft, PBR with Bath, Pantry, Utility Room
Interior features
Bar, Cathedral Ceiling, Fireplace Electric, Fireplace Gas-natural, Primary BR FP, Primary Sink-Double, Pull Down Attic Stairs, Skylights, Walk-In Attic, Walk-In Closet
Appliances
220 V Elec, Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Gar Door Opener, Security Sys

Construction & exterior

Style
Traditional,Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Stucco
Exterior features
Deck, Inground Sprinkler, Irrigation Control
Pool
No Pool
Waterfront
Deep Water Access,Dock,Navigable,Riparian Rights,River
Deep-water access
Yes

Utilities & systems

Heating
Nat Gas,Programmable Thermostat,Zoned
Cooling
Central Air,Zoned
Water heater
Gas
Water
City/County
Sewer
Septic

Lot, parking & ownership

Lot size
1.5700
Approx. acres
1.57
Subdivision
SLEEPY POINT
Zoning
RES
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, 4 Space, Multi Car, Driveway Spc
Possession
SETTLE
Disclosures
Common Interest Community, Disclosure Statement

See more Suffolk waterfront homes.

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

Five-bedroom, 3.2-bath home on 1.57 acres in Sleepy Point. Built in 1992 with over 4,100 square feet of living space. Suffolk homes for sale in this neighborhood offer room to spread out and establish roots.

Read the full overview ↓

Why this home stands out

This residence sits on a generous lot that gives you genuine privacy and outdoor space—rare in many Suffolk neighborhoods. The five-bedroom layout and multiple bathrooms mean everyone gets their own space. You'll find homes for sale in 23435 with this much acreage and room inside don't come up often. The 1992 construction brings established character to a well-maintained property.

SLEEPY POINT and the Suffolk real estate market

Sleepy Point is a quiet residential neighborhood where tree-lined streets and spacious lots define the feel. Homes here tend toward the generous side, with mature landscaping and room for gardens, workshops, or play areas. The neighborhood sits in the heart of Suffolk, a city that blends small-town charm with real conveniences. You're about 16 minutes from Joint Staff J7 Suffolk and roughly 25 minutes to Naval Medical Center Portsmouth. Getting around Suffolk is straightforward—major routes connect you to shopping, dining, and services without the rush of larger urban centers. Anyone comparing homes for sale zoned for Nansemond River High School or homes for sale zoned for Driver Elementary School will recognize Sleepy Point as a stable, established community.

What's nearby

Downtown Suffolk is about ten minutes away, offering restaurants, shops, and a walkable waterfront district along the Nansemond River. Grocery stores, pharmacies, and everyday services cluster within five to eight minutes by car. Several parks nearby provide outdoor recreation—trails, playgrounds, and green space are close at hand. The area's quiet streets make it easy to enjoy the neighborhood on foot or bike. Local coffee shops and casual dining spots are scattered throughout the surrounding area, adding to the everyday convenience.

For different buyers

Base commute and VA loan notes

About 16 minutes to Joint Staff J7 Suffolk keeps your commute reasonable. Naval Medical Center Portsmouth is roughly 25 minutes away. VA loan financing is common in this area, and the home's established condition means you can move in without major repairs. Five bedrooms and multiple baths give everyone breathing room.

Room to grow

Five bedrooms mean each person gets dedicated space—a home office, guest rooms, or a teen retreat. Three full baths plus a half bath handle morning routines without conflict. The 1.57-acre lot offers room for a workshop, garden beds, or play areas. An open layout across 4,151 square feet lets you host gatherings comfortably.

More buyer questions

How far is 118 Sleepy Point Way from Joint Staff J7 Suffolk?

The property is about 16 minutes from the base, making for a reasonable daily commute.

What is the lot size at this address?

The property sits on 1.57 acres, giving you genuine outdoor space and privacy—uncommon in many residential neighborhoods.

How many bedrooms and bathrooms does this home have?

The home offers five bedrooms and 3.2 bathrooms, providing plenty of room for a household that needs dedicated spaces.

When was this home built?

The property was built in 1992 and has been maintained as an established residence in the Sleepy Point neighborhood.

Is Naval Medical Center Portsmouth nearby?

Yes, Naval Medical Center Portsmouth is approximately 25 minutes away, making it accessible for those who work or receive care there.

Ready to explore this five-bedroom home in Sleepy Point? Contact Tom & Dariya Milan to schedule a showing and see the space for yourself.

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.

HighNansemond River High School
5.5/10
Down 0.5 from 2024–25
MiddleJohn Yeates Middle School
8.4/10
Unchanged 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

J7 Suffolk

Joint

18min·10.1mi

NMCP

Navy

27min·17.1mi

NNSY

Navy

26min·17.1mi

USCG Portsmouth

Coast Guard

28min·18.4mi

NSA HR

Navy

46min·22.7mi

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

Flood & environmentFlood risk (FEMA)

FEMA flood zone X · outside the high-risk area · FIRM 510156

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510156

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

18.3 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

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.

Hurricane Evacuation Zone

Evacuation Zone C

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

Explore this neighborhoodSleepy Hole

Sleepy Hole is a neighborhood of homes in Suffolk, Virginia. Tree-lined streets give it a quiet, settled feel. The area has a mix of single-family houses with mature trees and yards.

$585KMedian sale · 12 mo
$201Sold $/sq ft
47dDays on market
2For sale now
$121KHH income
79.5%Owner-occupied

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

Explore Sleepy Hole →
Map of Sleepy Hole with neighborhood boundaryNeighborhood

homes for sale in Suffolk, VA →

Value & historyComparables

Price context: similar nearby homes$560,000 – $935,000The 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.
118 Sleepy Point WAY · 0 mi · 4,151 sqft$935,000 sold 2026-10
123 Nansemond Pointe DR · 0.2 mi · 3,415 sqft$625,000 sold 2026-07
4487 Chatham RD · 1.2 mi · 3,400 sqft$560,000 sold 2026-03

Own a home nearby? See what it is worth today: What's your Suffolk home worth?

Sale & Tax History

List Price

$1,049,900

Price / Sq Ft

$253

Annual Taxes

$10,087

Monthly Tax

$841

HOA fee

$34 / mo

Tax Rate (effective)

0.96%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 11, 2026$1,049,900—
Off market—$1,049,900Last 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:

Suffolk 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
118 Sleepy Point Waythis home, last list price$1,049,90053.24,151$253
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 118 Sleepy Point Way in a good school zone?
The assigned zones on the listing record are Florence Bowser Elementary (VaHome School Score 5.7/10), John Yeates Middle (VaHome School Score 8.4/10), Nansemond River (VaHome School Score 5.5/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 118 Sleepy Point Way 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.
Are there parks near 118 Sleepy Point Way?
Sleepy Hole Park is about 0.6 miles away.
Is 118 Sleepy Point Way a waterfront property?
Yes. The listing record shows: Deep Water Access,Dock,Navigable,Riparian Rights,River.
Does 118 Sleepy Point Way 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 N/A. Association amenities on record include: Dock, Other, Tennis Cts.
When was 118 Sleepy Point Way built?
It was built in 1992, 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 Suffolk

Listing courtesy of Kathy Worthen · BHHS RW Towne Realty · REIN MLS #10626227