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Virginia BeachSHADOWLAWN245 Lake Dr✓ Source: REIN MLS #10626584 · record updated Apr 13, 2026 · synced every 2 min · your inquiry is never resold
245 Lake DR, VIRGINIABEACH VA 23451 - Main photo
$349,900
$357 / sqft · est. $2,621/mo →
1beds
1baths
981sqft
3days on market

245 Lake Dr, Virginia Beach, VA 23451

SoldResidential · built 1983 · SHADOWLAWN

About this home

The listing, in the seller's words

Welcome to 245 Lake Dr, a beautifully updated 1 bedroom, 1 bathroom condo in the heart of Virginia Beach just a block from the beach! The kitchen features white shaker cabinets, granite countertops, and opens to a bright, inviting living area. Enjoy your private deck with peaceful lake views. Located just one block from the beach and close to the boardwalk, dining, and shopping. Great opportunity for a primary residence, second home, or investment in a prime coastal location.

Listing courtesy of Marianna Nice · Swell Real Estate Co · REIN MLS #10626584

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1983

Price / sqft

$357

Condo fee

$460/mo

Taxes

$2,915/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10626584

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
981
Stories
1
Flooring
Vinyl
First-floor bed & full bath
Yes
Total rooms
3
Other rooms
Balcony, Utility Closet
Interior features
Bar, Fireplace Wood
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Elec Range, Refrigerator, Washer, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Contemp,Lo Rise
Subtype
Attached
Foundation
Other
Roof
Asphalt Shingle
Exterior
Vinyl
Exterior features
Deck
Pool
No Pool
Waterfront
Yes

Utilities & systems

Heating
Electric,Heat Pump
Cooling
Central Air,Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
SHADOWLAWN
Unit / floor
3
Zoning
RT3
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved
Possession
CLOSING
Miscellaneous
Rehabilitated
Disclosures
Disclosure Statement, Related to Seller

See more Virginia Beach condos & townhomes.

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

FEMA flood zone AE · base flood elevation 8 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

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

Lands End

Lands End is a condominium community in Virginia Beach (ZIP 23451), set off Norfolk Avenue near North Birdneck Road and a short distance from the Atlantic oceanfront and boardwalk.

$290K

Median sale · 12 mo

$306

Sold $/sq ft

14d

Days on market

4

For sale now

$83K

HH income

61%

Owner-occupied

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

Explore Lands End
Map of Lands End with neighborhood boundaryNeighborhood

Virginia Beach houses 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

$2,621/mo

Principal & interest

$1,816

Property tax

$243

Home insurance

$102

PMI

None

HOA

$460

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.

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

$228,000$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.

205 Lake DR · 0 mi · 949 sqft$228,000 sold 2026-07
532 9th ST · 0.3 mi · 916 sqft$449,900 sold 2026-07
926 Rudee CT · 0.6 mi · 1,000 sqft$265,000 sold 2026-03

Sale & Tax History

List Price

$349,900

Price / Sq Ft

$357

Annual Taxes

$2,915

Monthly Tax

$243

Condo fee

$460 / mo

Tax Rate (effective)

0.83%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 2, 2026$349,900
SoldApr 10, 2026$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:

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 245 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 245 Lake Dr in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Does 245 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 245 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 Marianna Nice · Swell Real Estate Co · REIN MLS #10626584

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.

245 Lake Dr, Virginia Beach — photo

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

245 Lake Dr, Virginia Beach, Virginia 23451 · MLS #10626584 · 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.