1 days on market
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$474,900
1220 Olive Rd
Virginia Beach, Virginia 23464
MLS# 10638087 · ACREDALE ESTATES · Virginia Beach VA
Updated 12 hours ago · Source: REIN MLS
Est. payment
$2,871/mo
Edit below
Price / sq ft
$237
2,000 sq ft
Days on market
1
New listing
HOA
None
Year built
1950
76 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
2,000
Garage
Yes
Schools
- ElementaryKempsville Elementary School7/10
- MiddleKempsville Middle School5/10
- 6/10
Info provided by GreatSchools
About this home
No description available.
Listed by Jessica Lewis · Iron Valley Real Estate HR
VaHome Team property overview
1220 Olive Road is a 3-bedroom, 2-bath, 2,000-square-foot home in Virginia Beach built in 1950. It sits in a well-connected part of the city with groceries, dining, parks, and two military installations all within a short drive.
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Why this home stands out
What sets 1220 Olive Road apart is the combination of generous square footage for a mid-century home and a location that puts everyday errands within half a mile. At 2,000 square feet across three bedrooms and two full baths, there's real room to spread out — and the 1950 build era means solid construction bones with the kind of lot proportions newer subdivisions rarely offer.
ACREDALE ESTATES and the Virginia Beach real estate market
Virginia Beach is one of the most livable cities on the East Coast, and the Kempsville corridor where 1220 Olive Road sits captures a lot of what makes it work day-to-day. This part of Virginia Beach is inland, away from the resort strip, which means quieter streets, established tree canopy, and neighbors who have been here a while. The area draws people who want city convenience without the congestion — you're close to major retail corridors but the immediate blocks feel residential and settled. If you've been searching for beach houses for sale in Virginia Beach and assumed you'd have to sacrifice space or accessibility to land near the coast, Kempsville offers a compelling counterpoint: you get the Virginia Beach address, the proximity to the water when you want it, and a neighborhood that functions beautifully as a home base. The city's extensive park system, diverse dining scene, and strong military community all show up here in tangible ways.
What's nearby
Daily life is genuinely easy from 1220 Olive Road. Groceries are covered three ways within half a mile — Enson Market, ALDI, and Harris Teeter are all within a five-minute walk or quick drive. For a sit-down meal or a casual night out, Park Lane Tavern of VB Kempsville and Cinema Cafe Kemps River are both under a third of a mile away. Tropical Smoothie Cafe and Tealux Cafe handle your morning routine, with a 7-Eleven as backup. Natural Bodyz Fitness 24/7 Kempsville, Higher Vision Studios, and Jess Yoga give you three distinct fitness options within 0.4 miles. When you want fresh air, Chatham Hall Park, New Light Neighborhood Park, and Whitehurst Grove Park are all under a mile.
For different buyers
For military families relocating
USCG Finance Center Chesapeake is about nine minutes away, and Norfolk Naval Shipyard is roughly fourteen — making 1220 Olive Road a practical fit for service members assigned to either installation. A VA loan can make the path to ownership here straightforward, and the established neighborhood means you're buying into a stable community rather than a transitional one.
For families upgrading
Two thousand square feet across three bedrooms and two full baths gives a growing family real breathing room, and the 1950 construction means the lot is proportioned the way newer builds simply aren't. Add three parks within a mile, multiple grocery options steps away, and a dining scene that handles both pizza nights and date nights — this address supports full family life without asking you to drive far for anything.
Frequently asked questions
How far is 1220 Olive Road from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately 14 minutes by car from 1220 Olive Road, making it a reasonable daily commute for service members and civilian employees assigned there.
How far is 1220 Olive Road from USCG Finance Center Chesapeake?
The USCG Finance Center in Chesapeake is about 9 minutes from the property, making it one of the closest major installations to this address.
What is the square footage and layout of 1220 Olive Road?
The home offers 2,000 square feet of living space configured as 3 bedrooms and 2 full baths, a footprint that's notably spacious for a mid-century Virginia Beach property.
Are there parks near 1220 Olive Road, Virginia Beach?
Yes — Chatham Hall Park is 0.6 miles away, New Light Neighborhood Park is 0.7 miles, and Whitehurst Grove Park is 0.8 miles, giving you three green spaces all within easy reach.
Is 1220 Olive Road in a flood zone?
Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.
Ready to walk through 1220 Olive Road in person? Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well — reach out and let's set something up.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
0
Approx Sq Ft
2,000
Stories
1
Fireplaces
0
Flooring
Laminate/LVP, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Washer Hookup
Sale & Tax History
List Price
$474,900
Price / Sq Ft
$237
Annual Taxes
$3,222
Monthly Tax
$269
HOA
None
Tax Rate (effective)
0.68%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 4, 2026 | $474,900 | — |
| Currently listed | — | $474,900 | — |
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:
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.
About buying in Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed hourly.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$2,871/moPrincipal & interest
$2,464
Property tax
$269
Home insurance
$139
PMI
None
HOA
None
Estimate only. 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.
Listed by Iron Valley Real Estate HR · MLS# 10638087
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$474,900
1220 Olive RD, VIRGINIABEACH VA 23464
Virginia Beach, Virginia 23464
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