Why this home stands out
What sets 1840 Olympic Drive apart is its rare combination of proximity to two major installations and an established Virginia Beach neighborhood with mature trees and a settled, residential feel. At 1,716 square feet across three bedrooms, the floor plan gives every household member real space to spread out — and the half-bath on the main level is one of those small details that makes daily life noticeably smoother.
LAKE PLACID and the Virginia Beach real estate market
Olympic Drive sits within a quiet, established section of Virginia Beach — a city that consistently ranks among the most livable on the East Coast. This part of the 23456 zip code has a grounded, neighborhood feel: streets lined with mature trees, homes that have been loved for decades, and neighbors who tend to stick around. You're far enough from the resort strip to enjoy genuine residential calm, yet close enough to Virginia Beach's coastline, parks, and commercial corridors to reach them without effort. The broader city wraps around you with all the infrastructure a busy household needs — major grocery anchors, healthcare facilities, dining, and recreation are all within a short drive. Virginia Beach's mix of natural beauty, military heritage, and year-round outdoor lifestyle gives this address a context that's genuinely hard to replicate elsewhere in Hampton Roads.
What's nearby
Everyday errands are straightforward from 1840 Olympic Drive. Grocery options, pharmacies, and casual dining are all within a few miles, and the Landstown Commons shopping corridor puts a wide range of retail within easy reach. Stumpy Lake Natural Area is close by for hiking and fishing, and First Landing State Park is a reasonable drive for kayaking and trail time. The Virginia Beach Oceanfront is accessible without a major commitment, making spontaneous beach days a realistic part of life here rather than a special occasion.
For different buyers
For military families relocating
For active-duty households, 1840 Olympic Drive is genuinely well-positioned. NAS Oceana is six minutes away and Dam Neck Annex is nine — meaning short commutes in both directions. Using a VA loan, qualified buyers can often purchase with no down payment, which makes a three-bedroom, two-and-a-half-bath home in Virginia Beach an achievable goal rather than a distant one. BAH rates in this area are strong, and the location supports them.
For first-time buyers
If you're buying your first home, 1840 Olympic Drive offers a realistic entry point into Virginia Beach homeownership. Three bedrooms, two and a half baths, and 1,716 square feet give you room to grow without overextending. The 1978 build year means the home has character and established bones, and the neighborhood's stability is a reassuring backdrop for a first purchase. It's a home you can settle into and build equity from.
More buyer questions
How far is 1840 Olympic Drive from NAS Oceana?
NAS Oceana is approximately six minutes from 1840 Olympic Drive under normal traffic conditions. That's one of the shortest base commutes you'll find in a residential neighborhood setting in Virginia Beach.
How far is 1840 Olympic Drive from Dam Neck Annex?
Dam Neck Annex is about nine minutes away, making this address a practical choice for households with personnel assigned to either installation — or both.
Is 1840 Olympic 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. We recommend reviewing that section and discussing it with your agent.
What is the lot and property type at 1840 Olympic Drive?
1840 Olympic Drive is a residential single-family property built in 1978, offering 1,716 square feet across three bedrooms and two and a half baths in an established Virginia Beach neighborhood.
Can a VA loan be used to purchase 1840 Olympic Drive?
Yes — eligible active-duty service members, veterans, and qualifying surviving spouses can use a VA loan to purchase this property. VA loans offer significant benefits including no required down payment for qualified buyers.
Tom and Dariya Milan at LPT Realty know this corner of Virginia Beach well. Reach out to schedule a walkthrough or ask any questions about 1840 Olympic Drive — they're here to help.