2 days on market
$349,900
2402 Graham St
Portsmouth, Virginia 23704
MLS# 10641093 · CEDAR POINT · Portsmouth VA
Updated 3 days ago · Source: REIN MLS
Est. payment
$2,151/mo
Edit below
Price / sq ft
$175
2,000 sq ft
Days on market
2
New listing
HOA
None
Year built
2026
0 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,000
Garage
Yes
Schools
- ElementaryDouglass Park Elementary School2/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Beautiful NEW CONSTRUCTION home featuring 4 bedrooms, 2.5 bathrooms, and approximately 2,000 sq ft of stylish living space! This home offers an attached garage, fireplace, granite countertops, soft-close cabinets, laminate flooring, carpeted bedrooms, and modern finishes throughout. Enjoy a spacious layout, central heating and air, vinyl siding, deck, fence, and a large backyard. Conveniently located near shopping,…
Listed by Marie Banks · Swell Real Estate Co
VaHome Team property overview
A brand-new 2026-built home at 2402 Graham Street puts four bedrooms, two and a half baths, and 2,000 square feet of fresh construction just four minutes from Norfolk Naval Shipyard and Naval Medical Center Portsmouth — a rare combination of modern finishes and unbeatable proximity to two major installations.
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Why this home stands out
New construction in this corner of Portsmouth is genuinely hard to come by. Built in 2026, 2402 Graham Street offers the kind of clean slate — no deferred maintenance, no dated layouts, no one else's renovation choices — that buyers in established urban neighborhoods rarely get. Four bedrooms and 2,000 square feet give you real flexibility, and the half-bath on the main level is the practical detail that makes daily life smoother. Everything is simply new.
CEDAR POINT and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most historically layered cities, and the area around Graham Street sits close to the working waterfront that has defined this community for generations. The streets here carry a lived-in, authentic character — older trees, a mix of architectural eras, and neighbors who tend to stay. That context makes a 2026-built home stand out even more: you get the soul of an established neighborhood with none of the age-related trade-offs. Portsmouth's downtown core is minutes away, offering the Portside Marketplace, the Portsmouth Naval Shipyard Museum, and the Elizabeth River waterfront. The city sits across the river from Norfolk, connected by the Downtown Tunnel and the pedestrian ferry, which means you're genuinely close to two cities' worth of amenities while living in a community with its own distinct identity. For military households, the location is frankly hard to beat — Norfolk Naval Shipyard and Naval Medical Center Portsmouth are both reachable in roughly four minutes, making this one of the tightest base-to-home commutes in the entire Hampton Roads region.
What's nearby
Daily errands and routines are straightforward from Graham Street. The Medical Center area along High Street brings pharmacies, clinics, and grocery options within a short drive. The Elizabeth River Trail — a multi-use path connecting Portsmouth and Norfolk — is accessible nearby for morning runs or bike commutes. Downtown Portsmouth's waterfront puts casual dining, coffee, and weekend farmer's market energy close at hand. The YMCA on High Street serves the area, and Churchland and the broader Portsmouth corridor add big-box retail and restaurant variety within ten to fifteen minutes.
For different buyers
For military families relocating
Four minutes to Norfolk Naval Shipyard. Four minutes to Naval Medical Center Portsmouth. It's rare to find a brand-new home this close to two major installations, and for military families weighing a VA loan purchase, that commute math is hard to argue with. Four bedrooms handle PCS moves and growing households, and new construction means you're not inheriting someone else's deferred repairs on a tight deployment schedule.
For first-time buyers
Buying your first home is easier when the property itself doesn't come with surprises. A 2026 build means everything — systems, finishes, structure — starts at zero. You're not budgeting for a new roof in year three or wondering about the age of the HVAC. At 2,000 square feet with four bedrooms, 2402 Graham Street gives first-time buyers genuine room to grow without overreaching on space.
Frequently asked questions
How far is 2402 Graham Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately a four-minute drive from 2402 Graham Street, making it one of the shortest base commutes available in the Hampton Roads area. The route is straightforward and avoids most of the tunnel traffic that affects other parts of the region.
How far is 2402 Graham Street from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is also about four minutes away, in the opposite direction along the High Street corridor. For military medical staff or families with regular appointments at the facility, the proximity is a meaningful day-to-day convenience.
What year was 2402 Graham Street built?
The home was built in 2026, making it brand-new construction. All major systems, finishes, and structural components are new.
Is 2402 Graham Street in a flood zone?
Flood zone designation for this property is detailed in the FloodRisk tile on this page. Portsmouth does have areas of varying flood risk given its waterfront geography, so reviewing that information is a recommended step for any serious buyer.
Does 2402 Graham Street have an HOA?
Based on available property data, there is no HOA associated with 2402 Graham Street. Always confirm current HOA status with your agent during the due-diligence period, as community governance structures can change.
Tom and Dariya Milan at LPT Realty know Portsmouth's market and its military community well. Reach out to get a straight answer on availability, timing, and next steps for 2402 Graham Street.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,000
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Elec Range, Washer Hookup
Sale & Tax History
List Price
$349,900
Price / Sq Ft
$175
Annual Taxes
$2,800
Monthly Tax
$233
HOA
None
Tax Rate (effective)
0.80%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 23, 2026 | $349,900 | — |
| Currently listed | — | $349,900 | — |
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 Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
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
$2,151/moPrincipal & interest
$1,816
Property tax
$233
Home insurance
$102
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 Swell Real Estate Co · MLS# 10641093
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$349,900
2402 Graham ST, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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