PACKAGE DEAL: Legal 2-unit building across from the Chesapeake Bay sold together under one price ($410k per unit). Must be purchased concurrently with the downstairs residence, Unit 1 (MLS# 10660911), via two separate, simultaneous transactions. Buyers acquire full structural control of the entire physical asset, delivering complete landlord autonomy with $0 monthly condo fees. This premium upstairs Unit 2 features a desirable 3BR, 2BA layout capturing elevated coastal breezes, an open kitchen, modern finishes, and in-unit laundry. It is an active, high-performing Airbnb enterprise with a strong, proven short-term rental revenue track record. Turnkey from day one, it conveys with a city-approved 5-year short-term rental Conditional Use Permit (CUP) that transfers directly to the buyer at closing. Perfectly situated moments from public beach access, local dining, the Ocean View Fishing Pier, and fast highway connectivity. Units will not be sold separately. Exceptional cash flow opportunity.
Listing courtesy of Jennifer Lombardo · Atlantic Sothebys Int'l Realty · REIN MLS #10660912
Three bedrooms, two baths, and 1,202 square feet in Ocean View. Built in 1989, this unit sits steps from the beach and local dining. About six minutes to Naval Station Norfolk.
You're walking distance to Ocean View's waterfront restaurants, fishing pier, and sandy beaches. The neighborhood has a relaxed, established character with easy access to grocery stores and coffee shops. This location puts you close to work if you commute to the base, and close to weekend recreation if you don't.
OCEAN VIEW and the Norfolk real estate market
Ocean View is Norfolk's beachside neighborhood—a mix of older homes, modest townhomes, and waterfront access that draws people who value proximity to the water. The streets here are quiet and tree-lined, with a genuine community feel. You'll find independent restaurants and longtime local businesses alongside national chains. Norfolk itself is Virginia's largest city, with a deep maritime heritage and a growing downtown. Getting around is straightforward: major roads like Granby Street and Military Highway connect you to the rest of the region. Anyone comparing Norfolk homes for sale will notice Ocean View's unique appeal—it's walkable, affordable, and genuinely close to the water.
What's nearby
The beach is steps away, with Local Beach and Sarah Constant Beach Park both within a few hundred feet. Dining options are right here: Ocean View Fishing Pier Restaurant and The OV Beach Tavern are short walks, and 7-Eleven is just 0.1 miles away. Grocery shopping is easy—Harris Teeter, Dollar General, and Beach Bay Mart are all within half a mile. Coffee lovers will find Mudita Cafe & Bar and Starbucks Coffee Company nearby. Fitness options include Ocean View Yoga and The Yoga Space.
For different buyers
Base commute and VA loan notes
About six minutes to Naval Station Norfolk and seven minutes to MARFORCOM Norfolk. VA loan financing is common in this price range and neighborhood. Three bedrooms and two baths offer straightforward space for quick moves. The established infrastructure here means minimal surprises—utilities, services, and commute patterns are all stable.
For buyers drawn to character
Ocean View has genuine waterfront character that's rare this close to a major city. You're steps from working fishing piers, local taverns, and independent restaurants with real history. The 1989 construction and modest footprint fit the neighborhood's authentic, lived-in feel. Beach access, walkability, and neighborhood continuity draw people who value place over newness.
More buyer questions
How far is 241 W Ocean View Ave from Naval Station Norfolk?
About six minutes by car. The base is close enough for an easy commute but far enough that you're not in the flight path or noise zone.
What about zoning if I'm comparing homes for sale zoned for Granby High School or homes for sale zoned for Ocean View Elementary School?
This address is zoned for both. Both serve the immediate neighborhood and broader area.
Is there beach access from this location?
Yes. Local Beach and Sarah Constant Beach Park are both within a few hundred feet, and the Ocean View Fishing Pier is a short walk away.
What grocery and dining options are within walking distance?
Harris Teeter, Dollar General, and Beach Bay Mart are all within half a mile. Ocean View Fishing Pier Restaurant, The OV Beach Tavern, and 7-Eleven are nearby for quick meals and coffee.
Are there fitness and recreation options in the neighborhood?
Yes. Ocean View Yoga, The Yoga Space, and OV Fit are all within a mile. Parks and beach access provide outdoor options year-round.
Ready to explore this Ocean View location? Contact Tom & Dariya Milan at LPT Realty to schedule a tour and learn more about homes for sale in 23503.
Summary generated by AI from public records and publicly available information.
Schools · VaHome School ScoreAssigned schools
Our own 1–10 rating, scored from Virginia Department of Education data.
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
Norfolk$345K – $475K3+ beds
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Military Commute
Drive times to nearest bases
⚓
NS Norfolk
Navy
11min·6.3mi
🪖
MARFORCOM
Marines
13min·7.3mi
⚓
NSA HR
Navy
16min·7.8mi
⚓
Little Creek
Navy
22min·8.7mi
⚓
NMCP
Navy
33min·12.2mi
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 510104
🌊 Flood Risk (FEMA)
Source: FEMA National Flood Hazard Layer · FIRM 510104
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
13.1 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.
Ocean View is a neighborhood on the water in Norfolk, Virginia. It is known for its access to the Chesapeake Bay and its maritime feel. Homes range from modest single-family houses to cottages on the water.
$368KMedian sale · 12 mo
$254Sold $/sq ft
30dDays on market
62For sale now
$61KHH income
36.5%Owner-occupied
REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year
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
$2,498/mo
Principal & interest
$2,127
Property tax
$251
Home insurance
$120
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$164,000 – $350,000The 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.
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.
1 days on market: read it in context
Days on market reflects pricing, season, and inventory. Compare it against similar nearby homes before reading anything into it.
CompareThis home next to what else is for sale nearby
Home
Price
Beds
Baths
Sqft
$ / sqft
241 W Ocean View Ave #1this home
$410,000
3
2
1,202
$341
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 241 W Ocean View Ave #1 in a good school zone?
The assigned zones on the listing record are Ocean View Elementary (VaHome School Score 2.4/10), Northside Middle School (VaHome School Score 1.8/10), Granby (VaHome School Score 2.7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 241 W Ocean View Ave #1 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.
Does 241 W Ocean View Ave #1 have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 241 W Ocean View Ave #1 built?
It was built in 1989, per the listing record.
Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.
Tom & Dariya Milan | LPT Realty
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241 W Ocean View Ave #1, Norfolk, Virginia 23503 · MLS #10660912 · 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.
