48 days on market
$269,900
233 Valleau Rd
Norfolk, Virginia 23502
MLS# 10626201 · ELIZABETH PARK · Norfolk VA
Updated May 10, 2026 · Source: REIN MLS
Est. payment
$1,605/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
48
HOA
None
Year built
N/A
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
N/A
About this home
Beautiful sought after deep water access lot in residential subdivision. Ready for your lovely waterfront home. One and half miles by boat to Waterside.
Listed by Lynne Jenkins · Creed Realty
VaHome Team property overview
A 0.38-acre lot in Norfolk's Elizabeth Park neighborhood puts you eight minutes from two major installations and within easy reach of parks, dining, and daily errands — a rare chance to build on your own terms in an established residential area.
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Why this home stands out
Vacant land at this size is genuinely uncommon inside Norfolk's city limits. At 0.38 acres, 233 Valleau Road gives you real breathing room — enough to design a custom footprint, plan meaningful outdoor space, and still land in a walkable, amenity-rich neighborhood without driving to the edge of the metro. You're buying possibility here, not someone else's floor plan.
ELIZABETH PARK and the Norfolk real estate market
Elizabeth Park sits in the eastern corridor of Norfolk, a city whose norfolk real estate market draws steady interest from buyers who want urban access without urban density. The neighborhood has a settled, residential feel — tree-lined streets, modest lot sizes, and a mix of long-term homeowners who've shaped a genuinely community-minded atmosphere. Norfolk itself is one of the most geographically layered cities on the East Coast: waterfront districts, historic corridors, creative hubs, and military communities all coexist within a compact footprint. Elizabeth Park benefits from that variety without being overwhelmed by it. You're close enough to downtown Norfolk to enjoy its restaurants, waterfront, and arts scene, yet the neighborhood itself stays quiet and grounded. City services, infrastructure, and connectivity are all mature here — this isn't a speculative fringe location. It's an established address in a city that continues to attract new residents, new investment, and new energy.
What's nearby
Day-to-day life around 233 Valleau Road is genuinely convenient. Poplar Hall Park is just 0.4 miles away — a solid option for morning walks or an afternoon outside. Lecove Park adds another green space at 0.7 miles. When you're hungry, Haven Inn Bar & Grill (0.6 mi), Hot Dogs by Garrett (0.7 mi), and Tamarind Restaurant (0.8 mi) cover a solid range of moods. Grocery runs are easy with Royal Bazaar Indian Asian Market and Trinidad Latin Store both within 0.8 miles. Cool Flames Cafe and Tim Hortons handle your coffee needs, and Planet Fitness plus Hampton Roads Sports Academy keep fitness options close.
For different buyers
For military families relocating
USCG Base Portsmouth and Norfolk Naval Shipyard are both roughly eight minutes away, which makes 233 Valleau Road a practical build site for service members thinking long-term. A VA loan can be used to finance qualifying land-and-construction combinations, and locking in a lot near two installations — while BAH rates remain favorable — is a move that tends to age well for military households.
For buyers drawn to character
If you've been searching homes for sale in norfolk virginia and keep running into the same floor plans, 233 Valleau Road is a different kind of answer. A 0.38-acre blank slate in an established neighborhood means you get to make the decisions — orientation, layout, materials, outdoor flow. For buyers who want a home that reflects actual choices rather than builder defaults, this lot is worth a serious look.
Frequently asked questions
How far is 233 Valleau Road from USCG Base Portsmouth?
The drive runs about 8 minutes under normal traffic conditions, making this lot one of the closer build opportunities to the base within Norfolk's city limits.
How far is 233 Valleau Road from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is also approximately 8 minutes away, so the lot sits in a genuinely convenient position for households connected to either installation.
What can you build on a 0.38-acre lot in Norfolk?
Norfolk's zoning regulations govern setbacks, height, and allowable uses — a local land-use attorney or the City of Norfolk's Planning Department can confirm exactly what's permitted for this parcel before you commit.
Is 233 Valleau Road in a flood zone?
Flood zone status for this parcel is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the address.
Are there utilities already available at 233 Valleau Road?
Utility availability — including water, sewer, gas, and electric connections — should be confirmed directly with the City of Norfolk and the relevant utility providers as part of your due diligence before purchasing.
Ready to talk through what building on this lot could look like? Tom and Dariya Milan at LPT Realty know this corner of Norfolk well — reach out and let's walk through it together.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
233 Valleau RD, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
0
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$269,900
Price / Sq Ft
$0
Annual Taxes
$1,507
Monthly Tax
$126
HOA
None
Tax Rate (effective)
0.56%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 24, 2026 | $269,900 | — |
| Currently listed | — | $269,900 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$122,500
Land
$122,500
Improvement
N/A
Parcel ID: 1457020746 · View on city GIS portal
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:
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.
About buying in Norfolk
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$1,605/moPrincipal & interest
$1,400
Property tax
$126
Home insurance
$79
PMI
None
HOA
None
Estimate only. 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.
Listed by Creed Realty · MLS# 10626201
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$269,900
233 Valleau RD, NORFOLK VA 23502
Norfolk, Virginia 23502
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