19 days on market
$1,799,900
1241 E Bay Shore Dr
Virginia Beach, Virginia 23451
MLS# 10635931 · BAY COLONY · Virginia Beach VA
Updated 20 hours ago · Source: REIN MLS
Est. payment
$9,973/mo
Edit below
Price / sq ft
$395
4,559 sq ft
Days on market
19
HOA
None
Year built
1983
43 yrs old
Beds
5
Full Baths
4
Half Baths
1
Sq Ft
4,559
Garage
Yes
About this home
Welcome to this timeless residence in the coveted Bay Colony community of Virginia Beach. Perfectly positioned on an elevated 1.12-acre lot overlooking Crystal Lake, this exceptional home offers picturesque water views, enduring character, and impressive curb appeal in one of the area's most sought-after neighborhoods. Inside, you'll find generous living spaces, glowing hardwood floors throughout the main living area…
Listed by Emil Nazaryan · BHHS RW Towne Realty
VaHome Team property overview
1241 E Bay Shore Drive is a five-bedroom, four-and-a-half-bath home in Virginia Beach spanning 4,559 square feet, built in 1983. Nine minutes from NAS Oceana and twelve from Dam Neck Annex, it puts serious square footage and a prime coastal address within easy reach.
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Why this home stands out
Few addresses in this zip code combine nearly 4,600 square feet of living space with a street name that tells you exactly where you are — steps from the bay shore. The 1983 construction means generous room proportions that newer builds rarely replicate, five true bedrooms for households that actually need the space, and four and a half baths that keep morning routines running smoothly across a large family or a busy household.
BAY COLONY and the Virginia Beach real estate market
East Bay Shore Drive sits in one of Virginia Beach's most coveted coastal pockets, where the Chesapeake Bay side of the peninsula gives the neighborhood a calmer, more residential feel than the Atlantic-facing resort strip. Streets here are lined with mature trees and a mix of substantial single-family homes that have attracted long-term owners for decades. When people search for homes virginia beach with both size and a water-adjacent lifestyle, this corridor consistently surfaces — and for good reason. Virginia Beach itself is the largest city by population in the Commonwealth, yet this corner of it feels genuinely unhurried. The 23451 zip code carries a well-earned reputation: close to the beach, close to the bay, and close to the kind of everyday conveniences that make a large home practical rather than isolating. Chesapeake Beach and the broader Shore Drive corridor have their own identity within the city — more neighborhood, less tourist zone — and 1241 E Bay Shore Drive is right in the middle of it.
What's nearby
Bay Colony Park is a three-minute walk at 0.3 miles, making it easy to get outside without getting in a car. The best trailhead into First Landing State Park is just 0.6 miles away — one of the most-used natural areas on the East Coast, with maritime forest trails that feel nothing like a suburb. Surf Beach Club is 0.7 miles out. For dining, Surf Club Ocean Grille is under a mile away, Becca Restaurant & Garden and the Hunt Room are both at the one-mile mark — a walkable or very short drive for a weeknight dinner or a weekend brunch without crossing a bridge.
For different buyers
For military families relocating
NAS Oceana is nine minutes from the front door, and Dam Neck Annex is twelve. For a military family weighing a VA loan purchase, that commute math is hard to beat — especially when the paygrade supports a home this size. Five bedrooms handle PCS moves with kids in tow, and the extra half-bath means the house keeps functioning when everyone's schedule collides at 0700.
For families upgrading
If you've outgrown your current place and want a house in virginia beach that genuinely has room for everyone — guests included — 4,559 square feet across five bedrooms and four and a half baths is the kind of footprint that stops the search. The 1983 build means larger rooms, a real dining room, and space that doesn't feel carved up into micro-offices and awkward flex rooms.
Frequently asked questions
How far is 1241 E Bay Shore Drive from NAS Oceana?
NAS Oceana is approximately nine minutes by car from 1241 E Bay Shore Drive, making it one of the more convenient off-base addresses for personnel stationed there. Dam Neck Annex adds only three more minutes at roughly twelve minutes out.
What is the square footage of 1241 E Bay Shore Drive?
The home measures 4,559 square feet of living space, spread across five bedrooms and four and a half bathrooms in a single-family residential layout built in 1983.
Is 1241 E Bay Shore Drive 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 23451 zip code.
Where are the nearest parks and trails to 1241 E Bay Shore Drive?
Bay Colony Park is 0.3 miles away — essentially a short walk — and the primary trailhead for First Landing State Park is 0.6 miles out, giving you access to miles of maritime forest trails without leaving the neighborhood.
Does 1241 E Bay Shore Drive have an HOA?
HOA status for this property is confirmed in the listing details section of this page; the description above does not include fee amounts, which are subject to change and best verified directly with the current HOA or through disclosure documents.
Tom and Dariya Milan at LPT Realty know this corridor well. Reach out to schedule a walkthrough of 1241 E Bay Shore Drive and get straight answers about the neighborhood, the commute, and the process.
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
5
Full Baths
4
Half Baths
1
Approx Sq Ft
4,559
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$1,799,900
Price / Sq Ft
$395
Annual Taxes
$1,310
Monthly Tax
$109
HOA
None
Tax Rate (effective)
0.07%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 21, 2026 | $1,799,900 | — |
| Currently listed | — | $1,799,900 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 30, 2026.
Total Assessed
$1,350,700
Land
$677,000
Improvement
$673,700
Parcel ID: 24185910080000
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 every 5 minutes.
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
$9,973/moPrincipal & interest
$9,339
Property tax
$109
Home insurance
$525
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 BHHS RW Towne Realty · MLS# 10635931
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,799,900
1241 E Bay Shore DR, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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