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✓ Source: REIN MLS #10631994 · record updated Jul 17, 2026 · synced every 2 min · your inquiry is never resold
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$2,148,000Last list price
4beds
3baths
3,500sqft
$614per sqft
Off the market since Jul 17, 2026

2000 Canal Rd, Virginia Beach, VA 23451

Off MarketResidential · built 1994 · BAY ISLAND · MLS #10631994

Price per sqft$614compare with nearby salesSchools
Frank W. CoxHigh8.2
Great NeckMiddle9.2
John B. DeyElementary8.6
VaHome School ScoreFlood
High-risk flood areaZone AE
flood insurance typically requiredHOANoneno HOA fee on the MLS recordPrice while listed…checking price historyTaxes$10,198/yrlast list price is 134% of assessmentCondo feeNAnot a condo

Listing statusThis home is off the market

2000 Canal Rd was listed for sale on May 16, 2026. The last list price was $2,148,000. It came off the market on Jul 17, 2026. It is not listed for sale in the REIN MLS.

What is this home worth now?Similar homes for sale

OverviewAbout this home

Exceptional Bay Island waterfront home with panoramic water views from nearly every room. Situated on a rare point lot surrounded by water on three sides, this property offers a private dock with 10,000 lb boat lift and an additional protected boat slip. Open, flowing floor plan with abundant natural light and water views throughout. Updated kitchen features high-end appliances, double Fisher & Paykel dish drawers, and separate wet bar. Expansive wraparound Trex decking leads to a paver walkway and direct access to the dock, great for outdoor living and entertaining. Primary suite includes sitting area, water views, double-sided fireplace, jetted tub, dual shower system, and private balcony access. Additional features include epoxy garage flooring, sprinkler and irrigation system with well pump, and a high level of privacy with no immediate neighboring homes. A rare opportunity to own a premier waterfront property in Bay Island.

Listing courtesy of Jennifer Castello · 1st Class Real Estate Flagship · REIN MLS #10631994

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bay, Boat Lift, Bulkhead, Deep Water Access, Dock.

Frontage

Bay ✓ VERIFIED

Dock

Dock · Boat lift

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

Facts & features

TypeResidential
Year built1994
Price / sqft$614
HOANone
Taxes$10,198/yr
CountyVirginia Beach VA
WaterfrontYes
MLS #10631994

Interior

Bedrooms
4
Full baths
3
Approx. sqft
3,500
Stories
2
Flooring
Carpet, Vinyl, Wood
Ensuite bedrooms
1
Total rooms
5
Other rooms
Attic, Balcony, PBR with Bath, Office/Study, Pantry, Utility Room
Appliances
Disposal, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
Equipment
Backup Generator, Cable Hookup, Ceiling Fan, Gar Door Opener, Generator Hookup, Jetted Tub

Construction & exterior

Style
Contemp
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Aluminum,EIFS
Pool
No Pool
Fencing
Back Fenced
Waterfront
Bay,Boat Lift,Bulkhead,Deep Water Access,Dock
Deep-water access
Yes

Utilities & systems

Heating
Nat Gas
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
BAY ISLAND
Zoning
R10
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · city assessor

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 John B. Dey Elementary School. Nearby, look at Bay Island homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighFrank W. Cox High School
8.2/10
Up 0.2 from 2024–25
MiddleGreat Neck Middle School
9.2/10
Up 0.2 from 2024–25
ElementaryJohn B. Dey Elementary School
8.6/10
Down 0.8 from 2024–25

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.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

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Military Commute

Drive times to nearest bases

Little Creek

Navy

16min·7.7mi

NAS Oceana

Navy

21min·10.2mi

Dam Neck

Navy

25min·12.8mi

USCG Finance Ctr

Coast Guard

29min·19.9mi

USCG Portsmouth

Coast Guard

28min·20mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

FEMA flood zone AE · base flood elevation 7 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

High Risk

FEMA flood zone

AE (1% annual chance)

Base flood elevation

7 ft above sea level

Property elevation

5.6 ft above sea level

1.4 ft below BFE

USGS 3DEP digital elevation model

Special Flood Hazard Area — 1% annual chance of flooding. Federal flood insurance is required on most mortgages.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — 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.

Zone AE typically means lenders require flood insurance.

Hurricane Evacuation Zone

Evacuation Zone A

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

Explore this neighborhoodBay Island

Bay Island is a small island neighborhood off Shore Drive in ZIP 23451, surrounded by Broad Bay and the tidal creeks that feed it, part of the Lynnhaven River system.

$1.21MMedian sale · 12 mo
$412Sold $/sq ft
62dDays on market
0For sale now
$126KHH income
56.9%Owner-occupied

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

Explore Bay Island →
Map of Bay Island with neighborhood boundaryNeighborhood

VA Beach homes for sale →

Value & historyComparables

Last list price vs. assessment134% of $1,606,300City assessment record · taxes $10,198/yr
Land share of assessed value71% · $1,140,000Improvements $466,300 · assessor record ✓
Price context: similar nearby homes$1,040,000 – $1,575,000The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for the last list price, not an appraisal or an estimate of this home's value.
1081 Downshire CHSE · 2.1 mi · 3,400 sqft$1,500,000 sold 2026-06
1304 Holly Point RD · 2.1 mi · 3,702 sqft$1,350,000 sold 2026-05
1016 Dartford MEWS · 2.2 mi · 3,278 sqft$1,475,000 sold 2026-06

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

Sale & Tax History

List Price

$2,148,000

Price / Sq Ft

$614

Annual Taxes

$10,198

Monthly Tax

$850

HOA

None

Tax Rate (effective)

0.47%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 16, 2026$2,148,000—
Price reducedMay 25, 2026$2,148,000−$1,000
Off market—$2,148,000Last list price

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

34% above assessment

Total Assessed

$1,606,300

Land

$1,140,000

Improvement

$466,300

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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
2000 Canal Rdthis home, last list price$2,148,000433,500$614
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions about this home

Is 2000 Canal Rd in a good school zone?
The assigned zones on the listing record are John B. Dey Elementary (VaHome School Score 8.6/10), Great Neck Middle (VaHome School Score 9.2/10), Frank W. Cox (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 2000 Canal Rd in a flood zone?
FEMA maps this parcel in Zone AE with a base flood elevation of 7 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 2000 Canal Rd?
Yes — Virginia Beach Tennis & Country Club is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 2000 Canal Rd?
Meadowridge Park is about 0.2 miles away.
Where is the nearest grocery store to 2000 Canal Rd?
Food Lion is about 0.7 miles away. The closest dining on record is Surf Rider Grill (0.3 mi).
Is 2000 Canal Rd a waterfront property?
Yes. The listing record shows: Bay,Boat Lift,Bulkhead,Deep Water Access,Dock.
Does 2000 Canal Rd have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 2000 Canal Rd built?
It was built in 1994, per the listing record.

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

Off the marketSee what this home is worth now

This home is not listed for sale in the REIN MLS. The home value tool estimates a current value from recent nearby sales.

What is this home worth now?Similar homes for sale

Homes for sale in Virginia Beach

Listing courtesy of Jennifer Castello · 1st Class Real Estate Flagship · REIN MLS #10631994

2000 Canal Rd, Virginia Beach, Virginia 23451 · MLS #10631994 · 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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