A rare and elegant deep waterfront offering in the heart of Bay Colony, this exceptional four bedroom residence with three full and two half bathrooms captures expansive Crystal Lake views from almost every room. Set on an oversized 1.1 acre professionally landscaped lot, the property offers an extraordinary sense of privacy and tranquility, with lush gardens, mature trees, fountains, water features, and a picturesque pond overlooking Crystal Lake. A large circular drive protected by mature hedging leads to the new 2026 gated entry, covered porch, brick walkway, and beautiful double front doors. Inside, a soaring cathedral foyer with skylights opens to elegant living spaces framed by floor-to-ceiling Anderson windows and spectacular water views. Rich hardwood floors, crown molding, wide baseboards, refined architectural details, a gourmet chef's kitchen, butler's pantry and two separate wet bars elevate the home. Enjoy the convenience of two luxurious primary suites, one on the first floor with its own private wing with fireplace, bookshelves, walk-in closet, private sitting area, and upgraded primary bath, and the second primary option on the second floor offering a separate sitting area and luxurious bathroom. Outdoors, a gazebo on the dock provides the perfect setting for enjoying all waterfront living has to offer, and features 21.5 tons of rip rap added to the bulkhead in October 2025. A truly distinctive Bay Colony estate where luxury, privacy, precise architecture, and extraordinary deep waterfront living combine.
Listing courtesy of Susan Pender · BHHS RW Towne Realty · REIN MLS #10651899
Chapter · The Water
Life on the water
The waterfront is the reason this home exists. Its water record, straight from the listing: Bulkhead, Deep Water, Deep Water Access, Dock, Navigable.
Frontage
Waterfront ✓ VERIFIED
Dock
Dock
Shoreline
Bulkheaded
Access
Deep-water access
Source: REIN MLS listing record · waterfront features as listed
This 1976-built home sits on a generous lot near the water's edge of the Lynnhaven River area. Five thousand square feet gives you room to spread out—four bedrooms and three full baths mean everyone gets their own space. The layout reflects classic mid-1970s design with potential for updates. You're minutes from two major military installations and steps from waterfront parks and trails.
BAY COLONY and the Virginia Beach real estate market
East Bay Shore is a quiet, established neighborhood where tree-lined streets meet waterfront access. Homes here tend toward larger lots and older construction, giving the area a relaxed, spacious feel. You'll find a mix of single-family residences set back from the road, with water views and natural green space nearby. Virginia Beach itself is a sprawling coastal city with strong military presence and year-round recreation. The barrier islands and oceanfront lie east; downtown and Naval Station Norfolk are south. Getting around is easy on major roads like General Booth Boulevard and I-264. Anyone comparing homes for sale in 23451 will notice this zip code's proximity to both NAS Oceana and Dam Neck Annex, plus the natural beauty of First Landing State Park just minutes away.
What's nearby
Bay Colony Park is a short walk—less than half a mile—with playgrounds and green space. The best trail head in First Landing and Long Creek Trail are both under a mile away, perfect for hiking and nature walks. Surf Club Ocean Grille sits less than a mile north if you want dinner without the drive. You're in a neighborhood where water access and outdoor recreation are part of daily life.
For different buyers
Base commute and VA loan notes
About nine minutes to NAS Oceana and twelve to Dam Neck Annex. VA loan financing is straightforward in this area. The home's size and lot give you room to settle in without a major renovation before moving day. Established neighborhood with good road access to base.
Room to grow
Four bedrooms mean separate spaces for kids, guests, and a home office. Three full baths cut down morning conflicts. Over 5,400 square feet lets you spread out without feeling cramped. A large lot opens up options for a yard project or outdoor living space. Anyone comparing homes for sale zoned for Cox High School or homes for sale zoned for Linkhorn Park Elementary School will appreciate the room this address offers.
More buyer questions
How far is 1230 E Bay Shore Drive from NAS Oceana?
About nine minutes by car. The commute is straightforward via local roads and General Booth Boulevard.
What parks are near this address?
Bay Colony Park is less than half a mile away. First Landing State Park's best trail head and Long Creek Trail are both under a mile, offering hiking and nature access.
Is there a restaurant nearby?
Surf Club Ocean Grille is less than a mile north. You've got casual dining without leaving the neighborhood.
What is the lot size at 1230 E Bay Shore Drive?
The property is spacious with over 5,400 square feet of living space on a generous lot suited to the East Bay Shore area's character.
How far is Dam Neck Annex from this address?
About twelve minutes by car. It's a reasonable commute for anyone stationed there.
Ready to explore this four-bedroom home in Virginia Beach? Contact Tom & Dariya Milan at LPT Realty to schedule a tour today.
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.
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.
Homes like this one sell fast — see the next one first
Virginia Beach$3.3M – $4.5M4+ beds
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Military Commute
Drive times to nearest bases
⚓
NAS Oceana
Navy
22min·9.1mi
⚓
Dam Neck
Navy
27min·11.4mi
⚓
Little Creek
Navy
30min·14.4mi
🚢
USCG Finance Ctr
Coast Guard
33min·23.6mi
🚢
USCG Portsmouth
Coast Guard
30min·21.6mi
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 515531
🌊 Flood Risk (FEMA)
Source: FEMA National Flood Hazard Layer · FIRM 515531
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
12 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.
Homes at this tier often trade in cash or portfolio financing. The calculator below shows a financed view; taxes are from the public record.
Estimate your monthly payment
$23,264/mo
Principal & interest
$20,210
Property tax
$1,917
Home insurance
$1,136
PMI
None
HOA/Condo (paid separately)
None
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 & historyComparables
Asking vs. assessment164% of $2,371,800City assessment record · taxes $23,006/yr
Land share of assessed value57% · $1,349,000Improvements $1,022,800 · assessor record ✓
Price context: similar nearby homes$1,500,000 – $3,795,000The 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.
701 Crystal LN · 0.1 mi · 4,982 sqft$3,300,000 sold 2026-09
1149 York LN · 0.4 mi · 5,200 sqft$3,795,000 sold 2026-06
Source: City Assessor via Hampton Roads Regional Parcels.
64% above assessment
Total Assessed
$2,371,800
Land
$1,349,000
Improvement
$1,022,800
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.
8 days on market: read it in context
Higher-priced homes market more slowly by nature: the buyer pool is smaller and diligence is heavier. Days-on-market at this tier is a rhythm, not a warning.
CompareThis home next to what else is for sale nearby
Home
Price
Beds
Baths
Sqft
$ / sqft
1230 E Bay Shore Drthis home
$3,895,000
4
3.2
5,497
$709
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 buyers ask
Is 1230 E Bay Shore Dr in a good school zone?
The assigned zones on the listing record are Linkhorn Park Elementary (VaHome School Score 7.2/10), VB Middle, Frank W. Cox (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1230 E Bay Shore Dr 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 1230 E Bay Shore Dr?
Bay Colony Park is about 0.3 miles away.
Is 1230 E Bay Shore Dr a waterfront property?
Yes. The listing record shows: Bulkhead,Deep Water,Deep Water Access,Dock,Navigable.
Does 1230 E Bay Shore Dr have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1230 E Bay Shore Dr built?
It was built in 1976, per the listing record.
Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.
Tom & Dariya Milan | LPT Realty
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1230 E Bay Shore Dr, Virginia Beach, Virginia 23451 · MLS #10651899 · 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.
