8 days on market
$319,000
123 Olin Dr
Newport News, Virginia 23602
MLS# 10638140 · SHERWOOD PARK · Newport News VA
Updated 4 days ago · Source: REIN MLS
Est. payment
$1,958/mo
Edit below
Price / sq ft
$263
1,212 sq ft
Days on market
8
New listing
HOA
None
Year built
1965
61 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
1,212
Garage
Yes
About this home
Welcome home to this beautifully updated 3-bedroom, 2-bath ranch offering comfortable single-level living and modern upgrades throughout. Recent improvements include a newer roof, newer HVAC system, and new kitchen appliances, providing peace of mind for years to come. Rich hardwood flooring flows throughout the home, creating a warm and cohesive feel. Both bathrooms have been tastefully updated with contemporary fin…
Listed by Edward Smith · Iron Valley Real Estate HR
VaHome Team property overview
123 Olin Drive is a three-bedroom, two-bath ranch-style home in Newport News, built in 1965 and offering 1,212 square feet of single-level living. Positioned just seven minutes from Joint Base Langley-Eustis, it sits in a walkable pocket of the city with everyday conveniences close at hand.
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Why this home stands out
What sets 123 Olin Drive apart is its combination of single-story convenience, a compact and manageable footprint, and a genuinely accessible location. The 1965 build era brings solid construction and established lot character, while the surrounding block has the kind of quiet, lived-in feel that newer subdivisions rarely replicate. For buyers who want proximity to Joint Base Langley-Eustis without sacrificing everyday walkability, this address checks both boxes cleanly.
SHERWOOD PARK and the Newport News real estate market
123 Olin Drive sits in a mature residential pocket of Newport News — a city that stretches along the western shore of the Virginia Peninsula and carries a long history tied to shipbuilding, military service, and waterfront culture. This part of the city, roughly in the Warwick corridor, developed steadily through the mid-twentieth century, and the streets here reflect that era: established tree canopy, modest lot sizes, and a neighborly density that keeps things feeling grounded without feeling crowded. Newport News itself offers a full urban range — from the Virginia Living Museum and Mariners' Museum Park to the working waterfront at Newport News Shipbuilding — while this specific stretch of the city keeps daily life practical and low-friction. The Warwick area has a mix of long-term homeowners and newer families, giving the neighborhood a stable, community-oriented character. Getting around is straightforward, with Jefferson Avenue and Warwick Boulevard both nearby, connecting you quickly to the broader Peninsula.
What's nearby
Daily errands are easy from Olin Drive. Nicewood Park is just half a mile away for outdoor time, and Warwick Courthouse Historic Park is under a mile for a bit of history on a weekend walk. When hunger hits, Popeyes Louisiana Kitchen is a half-mile out, and Tran's Seafood Market brings fresh local options at 0.6 miles. Bali Bali Korean BBQ food truck adds some variety to the rotation. For groceries and quick stops, Batool Grocery and Fresh Deli and El Viejo Jalisco are both within 0.6 miles. Fitness options are genuinely strong here — American Iron Barbell Club Newport News, Peninsula Boxing Academy, and Modern American Mixed Martial Arts are all within three-quarters of a mile.
For different buyers
For military families relocating
Joint Base Langley-Eustis is just seven minutes from the front door — a commute that makes a real difference during busy duty schedules. Naval Weapons Station Yorktown is roughly sixteen minutes out, keeping this address workable for dual-military households too. A VA loan can make ownership here straightforward, and the single-level layout means fewer logistics during PCS transitions.
For first-time buyers
At 1,212 square feet across one level, 123 Olin Drive is a manageable first home — enough space to live comfortably without the upkeep burden of a larger property. The 1965 construction means the bones are solid and the lot is established. Everyday needs are walkable, the commute to Joint Base Langley-Eustis is under ten minutes, and a VA loan could simplify the path to ownership significantly.
Frequently asked questions
How far is 123 Olin Drive from Joint Base Langley-Eustis?
The drive to Joint Base Langley-Eustis runs about seven minutes under normal traffic conditions, making this one of the more conveniently positioned addresses for service members assigned to Fort Eustis.
How far is 123 Olin Drive from Naval Weapons Station Yorktown?
Naval Weapons Station Yorktown is approximately sixteen minutes away, a reasonable commute for personnel stationed there, especially given the home's proximity to Warwick Boulevard and Route 17.
What is the flood risk at 123 Olin Drive?
Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
Is there a homeowners association at 123 Olin Drive?
Based on available information, this property does not carry an HOA, which means no association dues or community rule overlays to navigate.
What parks are near 123 Olin Drive?
Nicewood Park is about half a mile away and offers a quick outdoor escape, while Warwick Courthouse Historic Park sits under a mile out and adds a bit of local history to the mix.
Want to know more about 123 Olin Drive or explore comparable homes in Newport News? Tom and Dariya Milan at LPT Realty are ready to walk you through everything — reach out anytime.
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
1,212
Stories
1
Fireplaces
0
Flooring
Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
220 V Elec, Dishwasher, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$319,000
Price / Sq Ft
$263
Annual Taxes
$2,518
Monthly Tax
$210
HOA
None
Tax Rate (effective)
0.79%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 7, 2026 | $319,000 | — |
| Currently listed | — | $319,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched Jun 14, 2026.
Total Assessed
$218,000
Land
$58,900
Improvement
$159,100
Parcel ID: 128000604
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 Newport News
Homes for sale in Newport News, VA span from historic Hilton Village's English-Tudor cottages (23601) to brand-new construction in Port Warwick and City Center at Oyster Point (23606), to affordable family homes in Denbigh and Riverside (23608). As one of the longest cities in the U.S. — stretching over 30 miles along the James River — Newport News effectively contains three distinct real estate markets: the lower peninsula (23601-23607) closer to Hampton and Williamsburg, with established neighborhoods and pre-war homes; the middle peninsula (23608, 23606) with modern subdivisions and Oyster Point's office park; and the upper peninsula (23602, 23603) closer to Williamsburg and the Mariners' Museum. Newport News' biggest employer is Huntington Ingalls Industries / Newport News Shipbuilding — Virginia's largest industrial employer, building U.S. Navy aircraft carriers and submarines. Joint Base Langley-Eustis (Fort Eustis portion) is also in Newport News. Public schools include Menchville High, Heritage High, Denbigh High, and Warwick High, with Menchville historically among the top performers. Median home prices run $250K-$450K with select luxury inventory in Riverside and Port Warwick exceeding $700K. The Newport News MLS listings below refresh every 5 minutes from the REIN feed.
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
$1,958/moPrincipal & interest
$1,655
Property tax
$210
Home insurance
$93
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# 10638140
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$319,000
123 Olin DR, NEWPORTNEWS VA 23602
Newport News, Virginia 23602
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