0 days on market
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$349,900
1447 Lake Forest Dr
Portsmouth, Virginia 23701
MLS# 10640752 · LAKE FOREST · Portsmouth VA
Updated Jun 20, 2026 · Source: REIN MLS
Est. payment
$2,208/mo
Edit below
Price / sq ft
$232
1,509 sq ft
Days on market
0
New listing
HOA
None
Year built
1979
47 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
1,509
Garage
No
About this home
***NEW ROOF installed January 2026!! Seller to pay a One Yr Home Warranty up to $1K to potential buyer! Lakeview Ranch home! Move-in-ready—3 bdrms, 2 full baths, large backyard and deck, private first floor en-suite w/private bathroom, gorgeous hardwood floors throughout, new bathroom vanity, freshly painted interior, new ceiling fans, new light fixtures, new microwave & garbage disposal, stainless steel appliances,…
Listed by LPT Network Realty LLC
VaHome Team property overview
1447 Lake Forest Drive is a 3-bedroom, 2-bath single-family home in Portsmouth, Virginia, offering 1,509 square feet of living space built in 1979. It sits roughly ten minutes from Norfolk Naval Shipyard, making it a practical and comfortable base for Hampton Roads daily life.
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Why this home stands out
Built in 1979, this single-family home gives you a solid, established footprint in a quiet Portsmouth neighborhood — 1,509 square feet spread across three bedrooms and two full baths. The lot and layout reflect the kind of mid-century residential planning that prioritized usable indoor space and a manageable yard. Two major military installations are each within a short drive, and the broader South Hampton Roads grid is easy to reach from here.
LAKE FOREST and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' original port cities, and the neighborhoods along its southern and western corridors — including the Lake Forest Drive area — tend to feel settled and residential in the best sense. Streets are lined with mature trees, lots run a comfortable size, and neighbors have often been here for years. It's the kind of place where you know the rhythm of the block quickly. The city itself carries a lot of history: the Portsmouth Naval Medical Center campus, the working waterfront, and Olde Towne's 18th-century architecture all sit within the same city limits. Day-to-day, Portsmouth rewards people who want proximity to major employers and installations without paying the premium of a trendier zip code. The 23701 zip sits in the western part of the city, giving you quick access to I-264 and Route 58 — two corridors that connect you to Norfolk, Chesapeake, and Suffolk in under twenty minutes on a normal commute day.
What's nearby
Grocery runs are straightforward — Food Lion and Walmart Supercenter locations serving this part of Portsmouth are both within a few miles. For coffee, local spots and a Starbucks along Frederick Boulevard are a short drive. City Park, one of Portsmouth's larger green spaces, is close enough for a weekend morning walk. Pharmacies including CVS and Walgreens are easy to reach. If you want a sit-down meal, the dining options along Portsmouth Boulevard and into the Churchland area of Chesapeake cover everything from casual to family-style. Norfolk Naval Shipyard is roughly ten minutes away, and Naval Medical Center Portsmouth is about eleven.
For different buyers
For military families relocating
Norfolk Naval Shipyard and Naval Medical Center Portsmouth are both within eleven minutes of 1447 Lake Forest Drive — that kind of proximity is hard to overstate when you're managing duty schedules, deployments, and everything in between. Portsmouth has long been a home base for military families, and a VA loan can make buying here more accessible than many people expect. The neighborhood is quiet, the commute is short, and the city knows how to take care of its own.
For first-time buyers
If you're buying your first home, 1,509 square feet with three bedrooms and two baths is a genuinely livable starting point — not a compromise. Portsmouth's 23701 area offers real neighborhood character without the price pressure of higher-profile Hampton Roads zip codes. You get a detached single-family home, a yard, and a manageable footprint to make your own. A VA loan, if you qualify, can make the path to ownership here especially straightforward.
Frequently asked questions
How far is 1447 Lake Forest Drive from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately ten minutes from 1447 Lake Forest Drive under typical traffic conditions. That makes it one of the more convenient addresses in Portsmouth for Shipyard personnel.
How far is 1447 Lake Forest Drive from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is about eleven minutes away by car. Both major installations are close enough that daily commutes remain manageable even with Hampton Roads traffic.
What is the property type and size at 1447 Lake Forest Drive?
1447 Lake Forest Drive is a single-family residential home built in 1979, with 1,509 square feet of living space, three bedrooms, and two full bathrooms.
Is 1447 Lake Forest Drive in a flood zone?
Flood zone status for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. It's worth reviewing before making any decisions, as flood zone designations in Portsmouth can vary by block.
Where is 1447 Lake Forest Drive located within Portsmouth?
The address sits in the 23701 zip code in the western section of Portsmouth, Virginia — a largely residential area with convenient access to I-264 and Route 58 for commuting across Hampton Roads.
Want to know more about 1447 Lake Forest Drive or explore other Portsmouth homes? Tom and Dariya Milan at LPT Realty are ready to walk you through it — 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
1,509
Stories
1
Fireplaces
0
Flooring
Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$349,900
Price / Sq Ft
$232
Annual Taxes
$3,487
Monthly Tax
$291
HOA
None
Tax Rate (effective)
1.00%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 20, 2026 | $349,900 | — |
| Currently listed | — | $349,900 | — |
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 Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
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
$2,208/moPrincipal & interest
$1,816
Property tax
$291
Home insurance
$102
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 LPT Network Realty LLC · MLS# 10640752
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$349,900
1447 Lake Forest DR, PORTSMOUTH VA 23701
Portsmouth, Virginia 23701
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