The False Cape at Lookout Point offers 1,656 square feet of flexible living space across three levels, with 3 bedrooms, 3.5 baths and an attached one-car garage. The entry level features a private guest suite with a walk-in closet, full bath and double-door access to a rear concrete patio. On the second floor, the open-concept kitchen, dining area and great room create an inviting space for everyday living and entertaining. The kitchen includes a large center island and walk-in pantry, while a powder room adds convenience. The third-floor primary suite offers a walk-in closet and private bath with dual vanities and a walk-in shower. A secondary bedroom with access to a full bath and a nearby laundry area complete the upper level. Flexible living spaces, private guest accommodations and low-maintenance townhome living provide comfort and convenience at Lookout Point.
Listing courtesy of Stacy Potts · Focus Realty LLC · REIN MLS #10649315
Chapter · The Water
Life on the water
The waterfront is the reason this home exists. Its water record, straight from the listing: Bay.
Frontage
Bay ✓ VERIFIED
Source: REIN MLS listing record · waterfront features as listed
Facts & features
TypeResidential
Year built2025
Price / sqft$273
Condo fee$199/mo
Taxes$4,799/yr
CountyVirginia Beach VA
WaterfrontYes
MLS #10649315
Condo association includes
Dock
$199/mo condo fee · Lookout Point, a Condominium · per the REIN MLS listing record. Confirm inclusions with the association.
Interior
Bedrooms
3
Full baths
3
Half baths
1
Approx. sqft
1,759
Stories
3
Flooring
Carpet, Ceramic, Laminate/LVP
Ensuite bedrooms
3
First-floor bed & full bath
Yes
Total rooms
5
Other rooms
1st Floor BR, Pantry
Appliances
Dishwasher, Disposal, Energy Star Appliance(s), Microwave, Gas Range, Washer Hookup
Equipment
Ceiling Fan
Construction & exterior
Style
Lo Rise, Townhouse
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Partial
Waterfront
Bay
Utilities & systems
Heating
Forced Hot Air, Heat Pump
Cooling
Central Air, Heat Pump
Water heater
Gas
Water
City/County
Sewer
City/County
Lot, parking & ownership
Subdivision
ALL OTHERS AREA 42
Unit / floor
1
Ownership
Condo
Garage
Yes
Parking
Garage Att 1 Car, 1 Space, Driveway Spc
Possession
CLOSING
Disclosures
Common Interest Community, Disclosure Statement, Resale Certif Req
VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.
How Far Is?
Driving distance by road and typical drive time via Google Maps, to the nearest location of each.
Also nearby
Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.
Homes like this one sell fast — see the next one first
Virginia Beach$405K – $555K3+ beds
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Military Commute
Drive times to nearest bases
⚓
NAS Oceana
Navy
15min·7.4mi
⚓
Dam Neck
Navy
18min·10mi
⚓
Little Creek
Navy
21min·11.4mi
🚢
USCG Finance Ctr
Coast Guard
21min·16.4mi
🚢
USCG Portsmouth
Coast Guard
19min·14.4mi
Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.
Flood & environmentFlood risk (FEMA)
FEMA flood zone AE · base flood elevation 7 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531
🌊 Flood Risk (FEMA)
Source: FEMA National Flood Hazard Layer · FIRM 515531
High Risk
FEMA flood zone
AE (1% annual chance)
Base flood elevation
7 ft above sea level
Property elevation
6 ft above sea level
1.0 ft below BFE
USGS 3DEP digital elevation model
Special Flood Hazard Area — 1% annual chance of flooding. Federal flood insurance is required on most mortgages.
Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.
Zone AE typically means lenders require flood insurance. Factor it into the monthly numbers below.
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
$3,030/mo
Principal & interest
$2,490
Property tax
$400
Home insurance
$140
PMI
None
HOA/Condo (paid separately)
$199
Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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 & historyComparables
Price context: similar nearby homes$300,000 – $365,000The 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.
2913 Guther PL · 2.7 mi · 1,716 sqft$323,000 sold 2026-10
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.
CompareThis home next to what else is for sale nearby
Home
Price
Beds
Baths
Sqft
$ / sqft
306 Living Water Waythis home
$479,900
3
3.1
1,759
$273
Loading nearby homes for sale…
Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.
Questions buyers ask
Is 306 Living Water Way in a good school zone?
The assigned zones on the listing record are King's Grant Elementary (VaHome School Score 6.5/10), Great Neck Middle (VaHome School Score 9.2/10), Frank W. Cox (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 306 Living Water Way in a flood zone?
FEMA maps this parcel in Zone AE with a base flood elevation of 7 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 306 Living Water Way a waterfront property?
Yes. The listing record shows: Bay.
Does 306 Living Water Way 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 Lookout Point, a Condominium. Association amenities on record include: Dock.
When was 306 Living Water Way built?
It was built in 2025, per the listing record.
Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.
This home has soldThe next one doesn't have to be
Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.
Listing courtesy of Stacy Potts · Focus Realty LLC · REIN MLS #10649315
306 Living Water Way, Virginia Beach, Virginia 23451 · MLS #10649315 · 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.