Skip to main content
VaHome.com
Virginia Beach › BAY COLONY › 1242 N Bay Shore Dr✓ Source: REIN MLS #10653115 · record updated Sep 19, 2026 · synced every 2 min · your inquiry is never resold
1242 N Bay Shore DR, VIRGINIA BEACH VA 23451 - Main photo
1242 N Bay Shore DR, VIRGINIA BEACH VA 23451 - Photo 2
1242 N Bay Shore DR, VIRGINIA BEACH VA 23451 - Photo 3
1242 N Bay Shore DR, VIRGINIA BEACH VA 23451 - Photo 4
1242 N Bay Shore DR, VIRGINIA BEACH VA 23451 - Photo 5
5beds
5.1baths
4,794sqft
9days on market

1242 N Bay Shore Dr, Virginia Beach, VA 23451

ActiveResidential · built 1960 · BAY COLONY

Facts & features

Type

Residential

Year built

1960

Price / sqft

$583

HOA

None

Taxes

$12,511/yr

County

Virginia Beach VA

MLS #

10653115

Interior

Bedrooms
5
Full baths
5
Half baths
1
Approx. sqft
4,794
Stories
2
Flooring
Wood
Ensuite bedrooms
3
First-floor bed & full bath
Yes
Total rooms
16
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, Attic, Balcony, Breakfast Area, Fin. Rm Over Gar, PBR with Bath, Office/Study, Rec Room, Utility Closet
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool

Utilities & systems

Heating
Basebd, Forced Hot Air
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
1.1263
Subdivision
BAY COLONY
Zoning
R20
Ownership
Fee Simple
Garage
Yes
Parking
Garage Det 2 Car, 4 Space
Possession
SETTLEMENT
Disclosures
Disclosure Statement, Owner Agent

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Welcome to this rare opportunity offering a classic Georgian style home on the largest interior corner lot in the highly sought after Bay Colony neighborhood. This premier address and home is the perfect place. Set on a beautiful 1.2 acre lot with a large semi circular driveway, mature trees, 5 bedrooms(3 with en-suites), first floor primary, large recreation room, hardwood floors through out and a separate living space and bath over garage. It also includes a detached 2 car garage with a separate rear driveway. Don't miss this opportunity to own one of the classic Bay Colony homes at a premier address.

Listing courtesy of Kristen Randolph · BHHS RW Towne Realty · REIN MLS #10653115

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Five-bedroom, five-bath home on a bay-shore lot in Virginia Beach. Built in 1960 and spanning nearly 4,800 square feet, this property sits minutes from NAS Oceana. It's the kind of waterfront setting that anchors homes for sale in 23451.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23451, homes for sale zoned for Cox High School, and homes for sale zoned for Linkhorn Park Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Bay Colony homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

Bay-front location with direct water access and a deep lot that captures morning light and bay views. The 1960 construction brings classic bones and mature landscaping. Five bedrooms and five full baths offer flexibility for a home office, guest suite, or creative layout. Nearly 4,800 square feet gives you room to spread out without feeling cramped. This is a rare find on the water in this corner of Virginia Beach.

BAY COLONY and the Virginia Beach real estate market

North Bay Shore Drive runs along the water's edge, a quieter residential stretch where older homes sit on generous lots. The neighborhood has a settled, established feel—tree-lined streets and neighbors who've been here for years. Virginia Beach itself is a sprawling coastal city of 450,000, anchored by military presence and naval heritage. The waterfront neighborhoods draw people who want a slower pace than the commercial beach corridor. Getting around is straightforward: local roads connect to the main arteries, and you're about 8 minutes to NAS Oceana. Shopping, dining, and services cluster along nearby commercial strips. Anyone comparing Virginia Beach homes for sale will notice that waterfront properties in this zip code are less common than inland homes, making this location distinctive.

What's nearby

Bay Colony Park and Long Creek Trail are both under a mile away, offering green space and walking paths along the water. The best trail head in First Landing is a short drive, giving you access to one of the region's most scenic natural areas. These parks and trails make daily outdoor life easy without leaving the neighborhood. Grocery stores, pharmacies, and casual dining are a few minutes away on the main roads.

For different buyers

Base commute and VA loan notes

Eight minutes to NAS Oceana and thirteen minutes to Dam Neck Annex. VA loan financing is standard in this area, and the waterfront location appeals to those seeking stability near their duty station. Five bedrooms mean space for a home office or guest quarters. The established neighborhood and bay-front setting offer a grounded home base.

Room to grow

Five bedrooms and five full baths let you claim a master suite, home office, and guest rooms all at once. The deep lot and mature trees create a private outdoor space for kids or entertaining. Nearly 4,800 square feet means no one's fighting over hallway space. Bay-front living adds a sense of place that typical suburban homes can't match.

More buyer questions

How far is 1242 N Bay Shore Drive from NAS Oceana?

About 8 minutes by car. The base is close enough for a short commute but far enough that you're not in the flight path noise.

What's the water access like at this address?

The property sits on a bay-shore lot with direct water access. You have your own slice of waterfront, which is rare in this part of Virginia Beach.

Are there parks and trails nearby?

Yes. Bay Colony Park and Long Creek Trail are both under a mile away, and the best trail head in First Landing is a short drive for hiking and nature walks.

What schools are in the area?

Anyone comparing homes for sale zoned for Cox High School or homes for sale zoned for Linkhorn Park Elementary School will find this address serves both attendance zones.

Is this neighborhood walkable?

North Bay Shore Drive is a quieter, tree-lined street better suited to car travel, but the waterfront parks and trails make outdoor recreation very accessible.

Meet 1242 N Bay Shore Drive. Reach out to learn more about this waterfront home and schedule a tour today.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Virginia Beach$2.4M – $3.2M5+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

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.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

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

Military Aircraft Zone Information

Aircraft Noise

65-70 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

In the Bay Colony neighborhood of Virginia Beach. Virginia Beach homes for sale →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive 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.

The numbers

Run the real carrying cost

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

$16,360/mo

Principal & interest

$14,503

Property tax

$1,043

Home insurance

$815

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 & history

Why the land carries the value

Asking vs. assessment

217% of $1,289,800

City assessment record · taxes $12,511/yr

Land share of assessed value

52% — $677,000

Improvements $612,800 · assessor record ✓

Price context — similar nearby homes

$1,500,000 – $3,795,000

The 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.

1109 Ditchley RD · 0.1 mi · 5,055 sqft$1,995,000 sold 2026-04
1418-A N Woodhouse RD · 0.6 mi · 4,882 sqft$2,350,000 sold 2026-06
1241 E Bay Shore DR · 0.6 mi · 4,559 sqft$1,500,000 sold 2026-08

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$2,795,000

Price / Sq Ft

$583

Annual Taxes

$12,511

Monthly Tax

$1,043

HOA

None

Tax Rate (effective)

0.45%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 11, 2026$2,795,000—
Currently listed—$2,795,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

117% above assessment

Total Assessed

$1,289,800

Land

$677,000

Improvement

$612,800

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:

Virginia Beach 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.

Market tempo

9 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.

Questions buyers ask

Is 1242 N Bay Shore Dr in a good school zone?+
The assigned zones on the listing record are Linkhorn Park Elementary (VaHome School Score 7.3/10), Virginia Beach Middle (VaHome School Score 6.4/10), Frank W. Cox (VaHome School Score 8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1242 N 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.
Does 1242 N Bay Shore Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1242 N Bay Shore Dr built?+
It was built in 1960, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Kristen Randolph · BHHS RW Towne Realty · REIN MLS #10653115

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

1242 N Bay Shore Dr, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

1242 N Bay Shore Dr, Virginia Beach, Virginia 23451 · MLS #10653115 · 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.

✆