8 days on market
$375,000
2954 Greenwood Dr
Portsmouth, Virginia 23701
MLS# 10634488 · NEW PORT · Portsmouth VA
Updated May 21, 2026 · Source: REIN MLS
Est. payment
$2,426/mo
Edit below
Price / sq ft
$150
2,508 sq ft
Days on market
8
New listing
HOA
None
Year built
2008
18 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,508
Garage
Yes
Schools
- ElementaryVictory Elementary School3/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Welcome home to this well-maintained 4-bedroom, 2.5-bath beauty nestled in one of Portsmouth's most desirable neighborhoods — just minutes from Rivers Casino, shopping, dining, and entertainment! Step inside to discover spacious rooms designed for comfortable living and effortless entertaining. Cozy up by the fireplace on cool evenings, enjoy the convenience of a washer and dryer included, and appreciate the added va…
Listed by Charles Holloway · Holloway Experience Real Est.
VaHome Team property overview
A four-bedroom, 2.5-bath home built in 2008 with 2,508 square feet in Portsmouth, Virginia — just six minutes from Norfolk Naval Shipyard and within easy reach of parks, dining, and everyday conveniences along the Southside corridor.
Read full property overview ↓Show less ↑
Why this home stands out
Built in 2008, 2954 Greenwood Drive delivers a floor plan that actually fits how people live — four bedrooms, a half bath on the main level, and 2,508 square feet of space that gives everyone room to spread out. The 2008 construction means you're working with modern framing standards, updated mechanicals, and none of the surprise renovation projects that come with older Portsmouth stock. It's a practical, well-proportioned home in a location that punches well above its zip code.
NEW PORT and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most underrated cities, and the 23701 zip code puts you in a quieter, residential pocket of the Southside that locals genuinely appreciate. The streets here have a settled, neighborhood feel — mature trees, modest lot sizes, and a mix of families and long-term residents who actually know their neighbors. You're not fighting for parking or dodging cut-through traffic. What you do get is quick access to Interstate 264 and the broader Portsmouth grid, which means downtown, the waterfront, and the rest of the region are all within reach without a long commute. Portsmouth sits across the Elizabeth River from Norfolk, and the two cities share a lot of the same infrastructure, job base, and military presence. Living here means you're close to everything Hampton Roads offers — water, history, food, and a genuine sense of community — without paying the premium that comes with a Norfolk or Virginia Beach address.
What's nearby
Woodland Park is just 0.3 miles away, making it an easy walk for morning runs or afternoon downtime. GreenwoodSniffSpot is 0.4 miles out — a handy off-leash option if you have a dog. Maplewood Park rounds out the green space options at 0.6 miles. For food, Southside BBQ is right around the corner at 0.6 miles, and the Rivers Casino Portsmouth dining complex adds more variety at the same distance. Crossings Cafe and Starbucks are both within 0.7 miles for your daily coffee. Grocery runs are covered by Farm Fresh International and Royal Farms, each about 0.7 miles from the front door.
For different buyers
For military families relocating
Norfolk Naval Shipyard is six minutes away, and USCG Base Portsmouth is seven — it's hard to find a four-bedroom home this close to two major installations without significant trade-offs. A VA loan can make 2954 Greenwood Drive even more accessible, and the commute math here is genuinely hard to beat for active-duty families who want space without a long drive back to base.
For families upgrading
Four bedrooms and 2,508 square feet give a growing family real breathing room — dedicated spaces for kids, a home office, or out-of-town guests. Built in 2008, this home skips the deferred maintenance cycle that plagues older properties, and the parks within walking distance mean outdoor time doesn't require loading everyone into the car.
Frequently asked questions
How far is 2954 Greenwood Drive from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately six minutes by car from 2954 Greenwood Drive, making it one of the shortest base commutes available for a four-bedroom home in the Portsmouth area.
What is the square footage and layout of 2954 Greenwood Drive?
The home offers 2,508 square feet with four bedrooms and 2.5 bathrooms, including a half bath on the main level — a layout that works well for families or anyone who needs dedicated room for work and guests.
Is 2954 Greenwood Drive part of an HOA?
HOA status for this address should be confirmed with current listing documentation, as community association details can change between ownership cycles.
Are there parks near 2954 Greenwood Drive?
Yes — Woodland Park is 0.3 miles away, GreenwoodSniffSpot is 0.4 miles out, and Maplewood Park is 0.6 miles from the front door, giving you walkable green space in multiple directions.
Does 2954 Greenwood Drive fall in a flood zone?
Flood zone designation for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA map classification and any associated insurance requirements.
Want to see 2954 Greenwood Drive in person? Tom and Dariya Milan at LPT Realty know Portsmouth well — reach out and they'll get you inside.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,508
Stories
2
Fireplaces
0
Flooring
Carpet, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Sale & Tax History
List Price
$375,000
Price / Sq Ft
$150
Annual Taxes
$4,452
Monthly Tax
$371
HOA
None
Tax Rate (effective)
1.19%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 13, 2026 | $375,000 | — |
| Currently listed | — | $375,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 21, 2026.
Total Assessed
$359,040
Land
$82,560
Improvement
$276,480
Parcel ID: 05170720
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.
About buying in Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
Military Commute
Drive times to nearest basesDrive 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
$2,426/moPrincipal & interest
$1,946
Property tax
$371
Home insurance
$109
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 Holloway Experience Real Est. · MLS# 10634488
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$375,000
2954 Greenwood DR, PORTSMOUTH VA 23701
Portsmouth, Virginia 23701
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