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Virginia Beach › OCEAN LAKES › 1742 Ocean Bay Dr✓ Source: REIN MLS #10638601 · record updated Sep 18, 2026 · synced every 2 min · your inquiry is never resold
1742 Ocean Bay DR, VIRGINIA BEACH VA 23454 - Main photo
2beds
2baths
870sqft
39days on market

1742 Ocean Bay Dr, Virginia Beach, VA 23454

SoldResidential · built 1986 · OCEAN LAKES

Facts & features

Type

Residential

Year built

1986

Price / sqft

$261

Condo fee

$222/mo

HOA fee

$36/mo

Taxes

$1,941/yr

County

Virginia Beach VA

MLS #

10638601

Association amenities

Ground MaintPlaygroundsPoolSewerTennis CtsTrash PickupWater

$222/mo condo fee + $36/mo HOA fee · Ocean Lakes (Saddlewood) Condo Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Approx. sqft
870
Stories
1
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
2
First-floor bed & full bath
Yes
Total rooms
4
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, PBR with Bath, Porch, Utility Closet
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Apartment
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Other
Pool
No Pool
Fencing
Privacy,Wood Fence

Utilities & systems

Heating
Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
OCEAN LAKES
Unit / floor
1
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved
Possession
SETTLE
Disclosures
Common Interest Community, Disclosure Statement, Related to Seller, Resale Certif Req

See more Virginia Beach condos & townhomes.

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

About this home

Beautifully updated turn key condo in an unbeatable Virginia Beach location near Naval Air Station Oceana Dam Neck Annex and Croatan Beach. This move in ready home offers peace of mind with HVAC, water heater, and all appliances less than three years old. Major updates include all new plumbing, fresh paint throughout, and recently updated cosmetics that give the home a clean, modern feel. Conveniently located near beaches, bases, shopping, dining, and entertainment, this is an excellent opportunity.

Listing courtesy of Eric Addabbo · Prodigy Realty · REIN MLS #10638601

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23454, homes for sale zoned for Ocean Lakes High School, and homes for sale zoned for Corporate Landing Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at South Shore Estates homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

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

Virginia Beach$190K – $265K2+ 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 (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\u2019t define a BFE here.

Property elevation

6.1 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\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 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.

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 area in southeast Virginia Beach. It sits off General Booth Boulevard near Nimmo Parkway and the Red Mill area, in the 23454 zip code.

$787K

Median sale · 12 mo

$266

Sold $/sq ft

13d

Days on market

0

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

$1,406/mo

Principal & interest

$1,178

Property tax

$162

Home insurance

$66

PMI

None

HOA/Condo (paid separately)

$258

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

Price context — similar nearby homes

$2,250 – $289,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 3 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

1737 Sword Dancer DR · 0.6 mi · 1,000 sqft$289,000 sold 2026-04
985 Fleet DR #459 · 0.6 mi · 1,021 sqft$100,000 sold 2026-06
1110 Crist PL · 1.5 mi · 840 sqft$265,000 sold 2026-05

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

Sale & Tax History

List Price

$227,000

Price / Sq Ft

$261

Annual Taxes

$1,941

Monthly Tax

$162

HOA + condo fees

$258 / mo

Tax Rate (effective)

0.86%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 10, 2026$227,000—
SoldJul 20, 2026$227,000—

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.

Questions buyers ask

Is 1742 Ocean Bay Dr in a good school zone?+
The assigned zones on the listing record are Corporate Landing Elementary (VaHome School Score 7.1/10), Corporate Landing Middle (VaHome School Score 6.3/10), Ocean Lakes (VaHome School Score 8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1742 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.
Is there a gym near 1742 Ocean Bay Dr?+
Yes — Dam Neck Fitness Center is about 1 miles away, per the cached nearby-places record for this address.
Are there parks near 1742 Ocean Bay Dr?+
Pine Meadows West Park is about 0.4 miles away.
Does 1742 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 Ocean Lakes (Saddlewood) Condo Association. Association amenities on record include: Ground Maint, Playgrounds, Pool, Sewer, Tennis Cts, Trash Pickup, Water.
When was 1742 Ocean Bay Dr built?+
It was built in 1986, 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 Eric Addabbo · Prodigy Realty · REIN MLS #10638601

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

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1742 Ocean Bay Dr, Virginia Beach — photo

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1742 Ocean Bay Dr, Virginia Beach, Virginia 23454 · MLS #10638601 · 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.

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