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Virginia Beach › SHADOWLAWN › 251 Lake Dr✓ Source: REIN MLS #10632744 · record updated Jun 26, 2026 · synced every 2 min · your inquiry is never resold
251 Lake DR, VIRGINIABEACH VA 23451 - Main photo
251 Lake DR, VIRGINIABEACH VA 23451 - Photo 2
251 Lake DR, VIRGINIABEACH VA 23451 - Photo 3
251 Lake DR, VIRGINIABEACH VA 23451 - Photo 4
251 Lake DR, VIRGINIABEACH VA 23451 - Photo 5
$324,900
$325 / sqft · est. $2,484/mo →
2beds
1.1baths
1,000sqft
56days on market

251 Lake Dr, Virginia Beach, VA 23451

ActiveResidential · 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

Enjoy amazing lake views from your living room and bedroom in this top-floor condo, located just two blocks from the ocean. This unit offers the best views of Lake Holly and features 2 bedrooms, 1.5 baths, a kitchen with granite countertops and stainless steel appliances, and a washer and dryer. Both the living room and bedroom have balconies with stunning lake views. Recent updates include new balconies, a replaced bedroom sliding glass door, new kitchen floor and countertops, and added insulation in the attic. The complex includes a gazebo overlooking the lake, perfect for relaxing and entertaining. Just in time to enjoy summer!

Listing courtesy of Holly Mitchell · EXIT Realty Central · REIN MLS #10632744

VaHome team overview

Our read on this home

At a glance

Meet 251 Lake Drive — a 2-bedroom, 1.1-bath home in Virginia Beach's walkable Shadowlawn neighborhood, just steps from the oceanfront strip, two military bases within seven minutes, and a surprising cluster of coffee shops, eateries, and parks right outside your door.

Read the full overview ↓

Why this home stands out

What sets 251 Lake Drive apart is its location geometry: you're sitting at the intersection of everyday convenience and beach-town energy, with Virginia Legends Park two blocks away, Side Street Cantina and 2D Cafe & Eatery within a short stroll, and both Dam Neck Annex and NAS Oceana reachable in roughly seven minutes. For a 1,000-square-foot home built in 1983, it packs a genuinely walkable lifestyle that larger properties in the area simply can't match.

SHADOWLAWN and the Virginia Beach real estate market

Shadowlawn is one of those Virginia Beach neighborhoods that rewards people who actually want to use their neighborhood rather than just park in it. Tucked between the resort strip and the calmer residential blocks to the west, it has a low-key, lived-in character — think local coffee shops, a Latin grocery, and a park you'll actually walk to. The streets are quiet but the energy is close. Virginia Beach Coffee Co is 0.1 miles away, and CoreStrength Center and TakeOver Athletics Shadowlawn are both within a third of a mile if staying active is part of your routine. If you've been browsing va beach condos for sale and wondering whether walkability is possible without sacrificing a neighborhood feel, Shadowlawn answers that question clearly. Virginia Beach as a city wraps this area in solid infrastructure — easy access to the Oceanfront, Atlantic Avenue, and the broader resort district — while Shadowlawn itself stays residential enough to feel like home rather than a hotel corridor.

What's nearby

Daily life is genuinely easy at 251 Lake Drive. Prise's Food Mart is 0.1 miles away for quick grocery runs, and Tienda Latina La Tapatia 2 is under a mile for specialty ingredients. When you want to eat out, Side Street Cantina and 2D Cafe & Eatery are both within a block. Morning coffee is covered by Virginia Beach Coffee Co just down the street. For green space, Virginia Legends Park is 0.2 miles out and 17th Street Park is 0.4 miles — both walkable. Two gyms, CoreStrength Center and TakeOver Athletics Shadowlawn, sit within 0.3 miles, so skipping leg day requires real effort.

For different buyers

For military families relocating

Dam Neck Annex and NAS Oceana are each about seven minutes from 251 Lake Drive — a commute that keeps BAH working hard and leaves real time in your day. The low-maintenance footprint of this 1,000-square-foot home pairs well with the unpredictable schedules military life brings, and a VA loan can make ownership here more straightforward than most people expect.

For first-time buyers

If you're exploring homes for sale in va beach and want something manageable in size, low on upkeep, and high on location, 251 Lake Drive is worth a serious look. Two bedrooms, a compact floor plan, and a walk-everywhere neighborhood mean you're buying into a lifestyle — not just square footage — without overextending on your first purchase.

More buyer questions

How far is 251 Lake Drive from Dam Neck Annex?

Dam Neck Annex is approximately seven minutes by car from 251 Lake Drive, making it one of the most convenient addresses in Virginia Beach for personnel assigned there.

How far is 251 Lake Drive from NAS Oceana?

NAS Oceana is also about seven minutes away, so if you work at either base, this address puts both within an easy daily commute.

What is the Shadowlawn neighborhood like in Virginia Beach?

Shadowlawn is a walkable, established neighborhood close to the Virginia Beach Oceanfront, with local restaurants, coffee shops, and parks within a few blocks — it has a relaxed beach-town character without being directly on the resort strip.

Is 251 Lake Drive in a flood zone?

Flood zone status for this address is detailed in the FloodRisk tile on this page — we recommend reviewing it and consulting with your insurance agent before making any decisions.

Does 251 Lake Drive have an HOA?

HOA status for this property is listed in the details section of this page — confirm current requirements directly with the relevant association or your agent.

Want to see 251 Lake Drive in person? Tom and Dariya Milan at LPT Realty know Shadowlawn well — reach out and let's set up a walkthrough.

Summary generated by AI from public records and publicly available information.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1983

Price / sqft

$325

Condo fee

$460/mo

Taxes

$2,921/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10632744

Condo association includes

Ground MaintSewerTrash PickupWater

$460/mo condo fee · Summers Point Condominium · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
1
Half baths
1
Approx. sqft
1,000
Stories
1
Flooring
Carpet, Ceramic, Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
4
Other rooms
1st Floor Primary BR, Balcony, Breakfast Area, Pantry, Utility Closet
Appliances
Dishwasher, Dryer, Microwave, Elec Range, Refrigerator, Washer
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

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

Utilities & systems

Heating
Electric, Programmable Thermostat
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
SHADOWLAWN
Unit / floor
3
Ownership
Condo
Garage
No
Parking
Assigned/Reserved, Multi Car, Off Street
Possession
SETTLE
Disclosures
Disclosure Statement, Resale Certif Req

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

homes for sale in Virginia Beach →

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

$2,484/mo

Principal & interest

$1,686

Property tax

$243

Home insurance

$95

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

$213,000 – $425,000

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.

504 Norfolk AVE · 0.2 mi · 1,043 sqft$362,000 sold 2026-01
500 Pacific AVE #211 · 0.2 mi · 950 sqft$425,000 sold 2026-06
1006 Barclay Sq · 0.5 mi · 1,017 sqft$213,000 sold 2026-02

Sale & Tax History

List Price

$324,900

Price / Sq Ft

$325

Annual Taxes

$2,921

Monthly Tax

$243

Condo fee

$460 / mo

Tax Rate (effective)

0.90%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 1, 2026$324,900—
Price reducedJun 25, 2026$324,900−$10,100
Currently listed—$324,900—

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.

Market tempo

56 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 251 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 251 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 251 Lake Dr?+
Yes — CoreStrength Center is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 251 Lake Dr?+
Virginia Legends Park is about 0.2 miles away.
Where is the nearest grocery store to 251 Lake Dr?+
Prise's Food Mart is about 0.1 miles away. The closest dining on record is 7-Eleven (0 mi).
Is 251 Lake Dr a waterfront property?+
Yes. The listing record shows: Lake.
Does 251 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 Point Condominium. Association amenities on record include: Ground Maint, Sewer, Trash Pickup, Water.
When was 251 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 Holly Mitchell · EXIT Realty Central · REIN MLS #10632744

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.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

251 Lake Dr, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

251 Lake Dr, Virginia Beach, Virginia 23451 · MLS #10632744 · 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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