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✓ Source: REIN MLS #10630906 · record updated Jun 4, 2026 · synced every 2 min · your inquiry is never resold
$650,500
4beds
2.1baths
2,682sqft
$243per sqft
7days on market

2241 Margaret Dr, Virginia Beach, VA 23456

SoldResidential · built 1992 · BELLWOOD ESTATES · MLS #10630906

OverviewAbout this home

Absolutely stunning 4-bedroom, 2.5-bath home offering 2,682 sqft of beautifully designed living space! The first-floor primary suite provides comfort and convenience, while three additional spacious bedrooms are located upstairs. The main living area downstairs feature beautiful hardwood flooring, adding warmth and elegance throughout. The walk-in attic offers exceptional storage and includes a separate utility closet housing the furnace and hot water heater. Step outside to your own private oasis featuring a multi-level deck, above-ground pool, hot tub, and breathtaking water views—perfect for relaxing or entertaining all summer long. The backyard is fully enclosed with a brand-new wood fence and includes a powered shed with built-in shelving, ideal for storage, hobbies, or a workshop. Major updates include HVAC replaced in 2020 (downstairs) and 2025 (upstairs) and a roof replaced in 2018. This home truly combines comfort, functionality, and outdoor living at its finest—don't miss it!

Listing courtesy of Melissa Humpert · RE/MAX Alliance · REIN MLS #10630906

Facts & features

TypeResidential
Year built1992
Price / sqft$243
HOANone
Taxes$5,036/yr
CountyVirginia Beach VA
MLS #10630906

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,682
Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
8
Other rooms
1st Floor Primary BR, Attic, Fin. Rm Over Gar, Foyer, PBR with Bath, Utility Room
Appliances
Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Equipment
Attic Fan, Cable Hookup, Ceiling Fan, Gar Door Opener, Hot Tub

Construction & exterior

Style
Cape Cod
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
Above Ground Pool
Fencing
Back Fenced,Full,Wood Fence

Utilities & systems

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

Lot, parking & ownership

Subdivision
BELLWOOD ESTATES
Zoning
RES
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Driveway Spc
Possession
SETTLE
Disclosures
Disclosure Statement

Sources: REIN MLS record

Schools · VaHome School ScoreAssigned schools

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

HighLandstown High School
7.4/10
Down 0.2 from 2024–25
MiddleLandstown Middle School
7.2/10
Down 0.6 from 2024–25
ElementaryNew Castle Elementary School
9.4/10
Up 0.1 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.

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

Virginia Beach$550K – $750K4+ beds

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Military Commute

Drive times to nearest bases

USCG Finance Ctr

Coast Guard

16min·8.5mi

NAS Oceana

Navy

22min·10mi

Dam Neck

Navy

22min·11.6mi

NNSY

Navy

28min·16.4mi

USCG Portsmouth

Coast Guard

26min·15.3mi

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

Flood & environmentFlood risk (FEMA)

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’t define a BFE here.

Property elevation

10.8 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’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.

Hurricane Evacuation Zone

Evacuation Zone B

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

Explore this neighborhoodHillcrest Farms

Hillcrest Farms is a neighborhood of detached single-family homes in south-central Virginia Beach. Access is via Dam Neck Road. Developed in the late 1990s on what was once a horse farm, it is built on big lots.

$645KMedian sale · 12 mo
$212Sold $/sq ft
22dDays on market
3For sale now
$165KHH income
99.2%Owner-occupied

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

Explore Hillcrest Farms →
Map of Hillcrest Farms with neighborhood boundaryNeighborhood

houses for sale in Virginia Beach →

CostPayment calculator

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

$3,985/mo

Principal & interest

$3,375

Property tax

$420

Home insurance

$190

PMI

None

HOA/Condo (paid separately)

None

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 & historyComparables

Price context: similar nearby homes$579,000 – $760,000The 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.
2572 Eagles Lake RD · 0.5 mi · 2,700 sqft$615,000 sold 2026-09
4212 Periwinkle CT · 0.5 mi · 2,730 sqft$649,500 sold 2026-06
3985 Ava WAY · 0.6 mi · 2,730 sqft$734,000 sold 2026-07

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

Sale & Tax History

List Price

$650,500

Price / Sq Ft

$243

Annual Taxes

$5,036

Monthly Tax

$420

HOA

None

Tax Rate (effective)

0.77%

Sale Timeline (this listing)

EventDatePriceDetail
Price increasedJun 4, 2026$650,500+$10,501
ListedJul 28, 2026$650,500—
SoldJun 3, 2026$650,500—

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
2241 Margaret Drthis home$650,50042.12,682$243
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 buyers ask

Is 2241 Margaret Dr in a good school zone?
The assigned zones on the listing record are New Castle Elementary (VaHome School Score 9.4/10), Landstown Middle (VaHome School Score 7.2/10), Landstown (VaHome School Score 7.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 2241 Margaret 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 2241 Margaret Dr?
Yes — Soccer is about 0.5 miles away, per the cached nearby-places record for this address.
Are there parks near 2241 Margaret Dr?
Bellwood Estate Park is about 0.2 miles away.
Where is the nearest grocery store to 2241 Margaret Dr?
Food Lion is about 0.7 miles away. The closest dining on record is 7-Eleven (0.2 mi).
Does 2241 Margaret Dr have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 2241 Margaret Dr built?
It was built in 1992, per the listing record.

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

This home has soldThe next one doesn't have to be

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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Listing courtesy of Melissa Humpert · RE/MAX Alliance · REIN MLS #10630906

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