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Virginia Beach › SHADOWLAWN › 247 Lake Dr✓ Source: REIN MLS #10620332 · record updated Mar 31, 2026 · synced every 2 min · your inquiry is never resold
247 Lake DR, VIRGINIABEACH VA 23451 - Main photo
$405,000
$331 / sqft · est. $2,919/mo →
2beds
2baths
1,223sqft
17days on market

247 Lake Dr, Virginia Beach, VA 23451

SoldResidential · built 1983 · SHADOWLAWN

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Lake.

Frontage

Lake ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Nestled between the tranquil waters of Lake Holly and the rolling waves of the Atlantic, this beautifully updated 2 bed, 2 bath condo offers the perfect blend of relaxation and convenience. Enjoy peaceful mornings overlooking the lake and the ocean is just two blocks away. Inside, you'll find an open and airy layout with abundant natural light, modern finishes and a private deck ideal for savoring coastal breezes. Whether you're seeking a serene year-round retreat or a vacation getaway, this prime location offers the best of both worlds—lakeside calm and seaside charm, all within a short distance to shops, dining and the sand.

Listing courtesy of Karen Stewart · Howard Hanna Real Estate Svcs. · REIN MLS #10620332

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1983

Price / sqft

$331

Condo fee

$460/mo

Taxes

$2,877/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10620332

Condo association includes

Ground MaintSewerTrash PickupWater

$460/mo condo fee · Summer's Point Condo Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,223
Stories
1
Flooring
Ceramic, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
4
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, Balcony, PBR with Bath, Pantry
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Equipment
Cable Hookup, Ceiling Fan
Accessibility
Casement/Crank Windows

Construction & exterior

Style
Lo Rise
Subtype
Attached
Foundation
Crawl
Roof
Asphalt Shingle,Composite
Exterior
Vinyl
Pool
No Pool
Fencing
Picket
Waterfront
Lake

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
1
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved, Off Street
Possession
SETTLE
Miscellaneous
Pet Restrictions
Disclosures
Common Interest Community, Disclosure Statement, Related to Seller

See more Virginia Beach waterfront homes.

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

see more Virginia Beach homes →

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

$2,919/mo

Principal & interest

$2,101

Property tax

$240

Home insurance

$118

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

$278,250 – $525,000

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.

652 Pinewood DR · 0.4 mi · 1,105 sqft$278,250 sold 2026-06
245 Lake DR · 0 mi · 981 sqft$349,900 sold 2026-04
408 High Point AVE · 0.4 mi · 1,433 sqft$525,000 sold 2026-04

Sale & Tax History

List Price

$405,000

Price / Sq Ft

$331

Annual Taxes

$2,877

Monthly Tax

$240

Condo fee

$460 / mo

Tax Rate (effective)

0.71%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 22, 2026$405,000—
SoldMar 27, 2026$405,000—

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 247 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 247 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.
Is there a gym near 247 Lake Dr?+
Yes — CoreStrength Center is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 247 Lake Dr?+
Virginia Legends Park is about 0.2 miles away.
Where is the nearest grocery store to 247 Lake Dr?+
Prise's Food Mart is about 0.1 miles away. The closest dining on record is 7-Eleven (0 mi).
Is 247 Lake Dr a waterfront property?+
Yes. The listing record shows: Lake.
Does 247 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 Summer's Point Condo Association. Association amenities on record include: Ground Maint, Sewer, Trash Pickup, Water.
When was 247 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 Karen Stewart · Howard Hanna Real Estate Svcs. · REIN MLS #10620332

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.

🏡 Similar homes for saleWhat's my home worth?

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

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247 Lake Dr, Virginia Beach, Virginia 23451 · MLS #10620332 · 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.

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