Home/Virginia/Virginia Beach/SHADOWLAWN/245 Lake DR, VIRGINIABEACH VA 23451
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Coming Soon
Active
Under Contract
Sold
Off Market

3 days on market

$349,900

245 Lake Dr

Virginia Beach, Virginia 23451

MLS# 10626584 · SHADOWLAWN · Virginia Beach VA

Updated Apr 13, 2026 · Source: REIN MLS

Est. payment

$2,161/mo

Edit below

Price / sq ft

$357

981 sq ft

Days on market

3

New listing

HOA

None

Year built

1983

43 yrs old

Beds

1

Full Baths

1

Half Baths

0

Sq Ft

981

Garage

No

ResidentialContemp,Lo Rise1 StoryCondoWaterfront

Schools

Info provided by GreatSchools

About this home

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 reside…

Listed by Marianna Nice · Swell Real Estate Co

Location & Neighborhood

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Flood Risk

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Property Details

Bedrooms

1

Full Baths

1

Half Baths

0

Approx Sq Ft

981

Stories

1

Fireplaces

0

Flooring

Vinyl

Heating

Electric,Heat Pump

Cooling

Central Air,Heat Pump

Laundry

Interior Features

Bar, Fireplace Wood

Appliances

220 V Elec, Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Elec Range, Refrigerator, Washer, Washer Hookup

Sale & Tax History

List Price

$349,900

Price / Sq Ft

$357

Annual Taxes

$2,915

Monthly Tax

$243

HOA

None

Tax Rate (effective)

0.83%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 2, 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:

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.

About buying in Virginia Beach

Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.

See more Virginia Beach homes for sale →

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.

Estimate your monthly payment

$2,161/mo

Principal & interest

$1,816

Property tax

$243

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# 10626584

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

SOLD

$349,900

245 Lake DR, VIRGINIABEACH VA 23451

Virginia Beach, Virginia 23451

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Quick Facts

TypeResidential
Year Built1983
Lot Size
Taxes$2,915/yr
HOANone
HeatingElectric,Heat Pump
CoolingCentral Air,Heat Pump

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