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Virginia BeachOCEAN LAKES1701 Ocean Bay Dr✓ Source: REIN MLS #10644266 · record updated Aug 3, 2026 · synced every 2 min · your inquiry is never resold
1701 Ocean Bay DR, VIRGINIA BEACH VA 23454 - Main photo
1701 Ocean Bay DR, VIRGINIA BEACH VA 23454 - Photo 2
1701 Ocean Bay DR, VIRGINIA BEACH VA 23454 - Photo 3
1701 Ocean Bay DR, VIRGINIA BEACH VA 23454 - Photo 4
1701 Ocean Bay DR, VIRGINIA BEACH VA 23454 - Photo 5
$299,900
$191 / sqft · est. $2,300/mo →
2beds
2.1baths
1,568sqft
18days on market

1701 Ocean Bay Dr, Virginia Beach, VA 23454

ActiveResidential · built 1987 · OCEAN LAKES

About this home

The listing, in the seller's words

Welcome to 1701 Ocean Bay Drive, a beautifully updated 2 bedroom, 2.1 bath condo offering the perfect blend of style, comfort, and convenience. Fully remodeled in 2022, this move-in ready home features a stunning kitchen with modern cabinetry, updated appliances, luxury vinyl plank flooring, and beautifully renovated bathrooms throughout. Both spacious bedrooms include their own private en-suite bathrooms, providing comfort and privacy for homeowners and guests alike. The bright and inviting living room is centered around a cozy wood-burning fireplace and features a wet bar, creating the space for entertaining or relaxing after a day at the beach. Brand-new balconies completed in 2026 offer the ideal spot to enjoy your morning coffee or unwind in the evening. Convinietnly located minutes from the beach, Dam Neck Base, Oceana Naval Air Station, shopping, restaurants, parks, and major interstates. The community offers exceptional amenities, including a clubhouse, swimming pool, tennis courts, water, sewer, trash service, and exterior grounds maintenance, allowing you to enjoy a truly low-maintenance lifestyle. Whether you're searching for your next home, a beach retreat, or an investment opportunity, this beautifully updated condo is one you won't want to miss.

Listing courtesy of Dayana Cervantes · Thrive Realty · REIN MLS #10644266

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1701 Ocean Bay Drive is a 2-bed, 2.1-bath, 1,568-square-foot home in Virginia Beach, built in 1987 and sitting less than a mile from Dam Neck Annex. Compact, practical, and positioned in one of the most base-convenient corners of the city.

Read the full overview ↓

Why this home stands out

What sets 1701 Ocean Bay Drive apart is pure location math: Dam Neck Annex is essentially at the end of the street, and NAS Oceana is only about eight minutes away. For anyone whose daily life revolves around base access, this address eliminates the commute entirely. Add a half-bath for guests, two full baths for the bedrooms, and a footprint that's easy to maintain — and the case for this address writes itself.

OCEAN LAKES and the Virginia Beach real estate market

Ocean Bay Drive sits in the southern reaches of Virginia Beach, a city that manages to feel both like a laid-back coastal town and a fully functioning mid-sized metro at the same time. This particular pocket sits close to the Sandbridge corridor, where the pace slows down, the lots breathe a little, and the Atlantic Ocean is never far from your peripheral vision. Virginia Beach is the most populous city in the state, yet neighborhoods near Dam Neck feel genuinely removed from the congestion of the Resort Area — you get the city's amenities without the boardwalk traffic. The surrounding streets are a mix of modest single-family homes and townhomes, many of them occupied by military households and long-term residents who value the quiet proximity to the water. Groceries, gas, and everyday conveniences are reachable without a long drive, and the broader Virginia Beach parks and recreation network gives outdoor options in every direction.

What's nearby

Everyday errands are straightforward from 1701 Ocean Bay Drive. Kroger and a handful of shopping plazas along Princess Anne Road and General Booth Boulevard cover groceries and household needs. Sandbridge Beach itself is only a short drive south — one of the least crowded stretches of oceanfront in the region. Back Bay National Wildlife Refuge is close enough for morning walks, kayak launches, and birding. For dining, the General Booth corridor has casual spots covering everything from seafood to pizza. CVS and urgent care options are accessible without crossing the city. The overall setup rewards anyone who wants outdoor access paired with practical daily convenience.

For different buyers

For military families relocating

Dam Neck Annex is essentially next door — we're talking about a one-minute drive that makes early-morning muster or late shifts genuinely manageable. NAS Oceana is eight minutes out, covering a second assignment without a second thought. A VA loan can make ownership here straightforward, and the low-maintenance size of this home means less to manage during deployments or PCS transitions.

For first-time buyers

At 1,568 square feet with two bedrooms and two and a half baths, 1701 Ocean Bay Drive is a size that's approachable without feeling cramped. The 1987 build means the home has bones without the complications of something much older. For a first purchase in Virginia Beach, this address offers a real neighborhood feel, genuine proximity to the coast, and a footprint that won't overwhelm a first-time owner.

More buyer questions

How far is 1701 Ocean Bay Drive from Dam Neck Annex?

Dam Neck Annex is approximately one minute away by car — the base is essentially adjacent to the neighborhood, making it one of the closest off-base addresses you'll find to that installation in Virginia Beach.

How far is 1701 Ocean Bay Drive from NAS Oceana?

NAS Oceana is roughly eight minutes from 1701 Ocean Bay Drive, a straightforward drive along General Booth Boulevard and into the base corridor without significant traffic complications.

What is the flood risk situation for this address?

Given the proximity to the coast and Back Bay watershed, flood zone status is worth reviewing carefully — check the dedicated FloodRisk tile on this page for the current FEMA designation and what it means for insurance requirements.

Is there an HOA at 1701 Ocean Bay Drive?

HOA status for this property should be confirmed during the transaction process, as community association rules and any associated requirements can vary — your agent can pull the current disclosure documents.

Where is the nearest beach access to 1701 Ocean Bay Drive?

Sandbridge Beach is the closest public oceanfront access, located a short drive south along Sandbridge Road — it's one of the quieter, less commercialized beach stretches in the Virginia Beach area.

Want to know more about 1701 Ocean Bay Drive or explore what ownership near Dam Neck Annex looks like? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1987

Price / sqft

$191

Condo fee

$398/mo

HOA fee

$36/mo

Taxes

$2,668/yr

County

Virginia Beach VA

MLS #

10644266

Association amenities

ClubhouseGround MaintPlaygroundsPoolSewerTennis CtsTrash PickupWater

$398/mo condo fee + $36/mo HOA fee · Saddlewood Condominiums · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Half baths
1
Approx. sqft
1,568
Stories
2
Flooring
Carpet, Laminate/LVP
Total rooms
4
Other rooms
Balcony, PBR with Bath, Pantry, Porch, Utility Room
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Washer, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Quadraville
Subtype
Attached
Foundation
Slab
Roof
Other,Wood
Exterior
Brick,Wood
Pool
No Pool
Fencing
Full,Wood Fence

Utilities & systems

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

Lot, parking & ownership

Subdivision
OCEAN LAKES
Unit / floor
1
Zoning
PDH2
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement

See more Virginia Beach condos & townhomes.

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

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 B

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)

Explore this neighborhood

South Shore Estates

South Shore Estates is a lakefront neighborhood in southeastern Virginia Beach, set off General Booth Boulevard near Nimmo Parkway and the Red Mill area, within the 23454 zip code.

$770K

Median sale · 12 mo

$257

Sold $/sq ft

14d

Days on market

2

For sale now

$128K

HH income

85.9%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore South Shore Estates
Map of South Shore Estates with neighborhood boundaryNeighborhood

houses for sale in Virginia Beach

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

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,866/mo

Principal & interest

$1,556

Property tax

$222

Home insurance

$87

PMI

None

HOA/Condo (paid separately)

$434

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

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$420,000$449,999

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.

1005 Purrington CT · 1 mi · 1,578 sqft$445,000 sold 2026-01
1873 Haviland DR · 1.2 mi · 1,633 sqft$420,000 sold 2026-05
1116 Cardston CT · 1.3 mi · 1,500 sqft$449,999 sold 2026-02

Sale & Tax History

List Price

$299,900

Price / Sq Ft

$191

Annual Taxes

$2,668

Monthly Tax

$222

HOA + condo fees

$434 / mo

Tax Rate (effective)

0.89%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 16, 2026$299,900
Currently listed$299,900

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:

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

18 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 1701 Ocean Bay Dr in a good school zone?+
The assigned zones on the listing record are Ocean Lakes Elementary (GreatSchools 8/10), Corporate Landing Middle (GreatSchools 9/10), Ocean Lakes (GreatSchools 8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1701 Ocean Bay 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 1701 Ocean Bay Dr have an HOA or condo association?+
Both — this unit carries a condo association fee and a separate HOA (property owners association) fee. Current amounts for each are shown in the facts section on this page. The association of record is Saddlewood Condominiums. Association amenities on record include: Clubhouse, Ground Maint, Playgrounds, Pool, Sewer, Tennis Cts, Trash Pickup, Water.
When was 1701 Ocean Bay Dr built?+
It was built in 1987, 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

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Dayana Cervantes · Thrive Realty · REIN MLS #10644266

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.

1701 Ocean Bay Dr, Virginia Beach — photo

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

Call or text (757) 777-7577

1701 Ocean Bay Dr, Virginia Beach, Virginia 23454 · MLS #10644266 · 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.