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Virginia Beach › SHADOWLAWN › 205 Lake Dr✓ Source: REIN MLS #10624165 · record updated Jul 21, 2026 · synced every 2 min · your inquiry is never resold
205 Lake DR, VIRGINIA BEACH VA 23451 - Main photo
$228,000
$240 / sqft · est. $1,949/mo →
1beds
1baths
949sqft
127days on market

205 Lake Dr, Virginia Beach, VA 23451

SoldResidential · built 1983 · SHADOWLAWN

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Lake.

Frontage

Lake ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Fully furnished condo 1 block away from the sands of Virginia Beach Oceanfront & lively boardwalk. Recently updated sits on the top floor & offers a seamless open concept living space. Natural light pours into the condo, highlighting the stunning views of both the serene lake & the majestic ocean from not one, but two private balconies. Enjoy the morning sunrise over the ocean, & peaceful sunset over Lake Holly. Recent upgrades include newly renovated balconies with waterproof vinyl & new sliding glass door (2024), new countertops with new sink (2024), gleaming LVP flooring (2023) & stainless-steel appliances in 2021, modern light fixtures, & dividing wall in bedroom creating additional sleeping space or office. Common area for entertaining or relaxing with clubhouse included. Award-winning restaurants & shopping within reach. Don't miss this opportunity to own a piece of paradise. Featured on HGTV Cheap Beach Houses. As is seller to make no repair. All furniture to covey

Listing courtesy of Tom Busciglio · Howard Hanna Real Estate Svcs. · REIN MLS #10624165

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1983

Price / sqft

$240

Condo fee

$460/mo

Taxes

$2,877/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10624165

Condo association includes

Ground MaintTrash PickupWater

$460/mo condo fee · Summers Pointe Condo · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
1
Full baths
1
Approx. sqft
949
Stories
1
Flooring
Laminate/LVP, Vinyl
First-floor bed & full bath
Yes
Total rooms
3
Other rooms
Balcony, Office/Study
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Elec Range, Washer
Equipment
Cable Hookup

Construction & exterior

Style
Lo Rise
Subtype
Attached
Foundation
Pile
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Waterfront
Lake

Utilities & systems

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

Lot, parking & ownership

Subdivision
SHADOWLAWN
Unit / floor
2
Zoning
RT3
Ownership
Condo
Garage
No
Parking
2 Space, Assigned/Reserved
Possession
SETTLEMENT
Disclosures
Common Interest Community, Disclosure Statement, Resale Certif Req

See more Virginia Beach waterfront homes.

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 C

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

Rudee Heights

Rudee Heights is a compact waterfront neighborhood at the south end of the Virginia Beach Oceanfront, set on the peninsula between Lake Rudee and Lake Wesley near Rudee Inlet.

1

For sale now

$176K

HH income

81.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Rudee Heights →
Map of Rudee Heights with neighborhood boundaryNeighborhood

VA Beach homes for sale →

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

$1,489/mo

Principal & interest

$1,183

Property tax

$240

Home insurance

$67

PMI

None

HOA/Condo (paid separately)

$460

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

$349,900 – $645,000

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.

245 Lake DR · 0 mi · 981 sqft$349,900 sold 2026-04
500 Pacific AVE #211 · 0.2 mi · 950 sqft$425,000 sold 2026-06
500 Pacific AVE #809 · 0.4 mi · 950 sqft$390,000 sold 2026-04

Sale & Tax History

List Price

$228,000

Price / Sq Ft

$240

Annual Taxes

$2,877

Monthly Tax

$240

Condo fee

$460 / mo

Tax Rate (effective)

1.26%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 30, 2026$228,000—
Price reducedJul 20, 2026$228,000−$21,999
SoldJul 20, 2026$228,000—

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

Real questions, answered from the record

Is 205 Lake Dr in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (GreatSchools 7/10), Virginia Beach Middle (GreatSchools 7/10), First Colonial (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 205 Lake 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 205 Lake Dr?+
Yes — CoreStrength Center is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 205 Lake Dr?+
Virginia Legends Park is about 0.1 miles away.
Where is the nearest grocery store to 205 Lake Dr?+
Prise's Food Mart is about 0.2 miles away. The closest dining on record is 7-Eleven (0.1 mi).
Is 205 Lake Dr a waterfront property?+
Yes. The listing record shows: Lake.
Does 205 Lake Dr have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Summers Pointe Condo. Association amenities on record include: Ground Maint, Trash Pickup, Water.
When was 205 Lake Dr built?+
It was built in 1983, 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 Tom Busciglio · Howard Hanna Real Estate Svcs. · REIN MLS #10624165

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.

🏡 Similar homes for saleWhat's my home worth?
205 Lake Dr, Virginia Beach — photo

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in Virginia BeachCall or text (757) 777-7577

205 Lake Dr, Virginia Beach, Virginia 23451 · MLS #10624165 · 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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