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Virginia BeachSHADOWLAWN309 Caspian Ave✓ Source: REIN MLS #10627783 · record updated Apr 11, 2026 · synced every 2 min · your inquiry is never resold
309 Caspian AVE, VIRGINIA BEACH VA 23451 - Main photo
309 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 2
309 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 3
309 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 4
309 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 5
5beds
5.2baths
4,378sqft
124days on market

309 Caspian Ave, Virginia Beach, VA 23451

ActiveResidential · built 1965 · SHADOWLAWN

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Boat Lift, Deep Water, Deep Water Access, Dock, Navigable.

Frontage

Waterfront ✓ VERIFIED

Dock

Dock · Boat lift

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1965

Price / sqft

$616

HOA

None

Taxes

$13,416/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10627783

Interior

Bedrooms
5
Full baths
5
Half baths
2
Approx. sqft
4,378
Stories
2
Flooring
Carpet, Other, Wood
Ensuite bedrooms
5
First-floor bed & full bath
Yes
Total rooms
10
Other rooms
1st Floor BR, Balcony, Breakfast Area, Fin. Rm Over Gar, Foyer, PBR with Bath, Office/Study, Pantry, Porch, Sun Room, Utility Room
Appliances
Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Equipment
Backup Generator, Cable Hookup, Ceiling Fan, Gar Door Opener

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl, Pile
Roof
Asphalt Shingle
Exterior
Fiber Cement
Pool
In Ground Pool
Fencing
Partial,Privacy
Waterfront
Boat Lift,Deep Water,Deep Water Access,Dock,Navigable
Deep-water access
Yes

Utilities & systems

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

Lot, parking & ownership

Lot size
0.4250
Subdivision
SHADOWLAWN
Zoning
R5S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Multi Car, Driveway Spc, Street
Possession
NEGOTIABLE
Disclosures
Disclosure Statement

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Gorgeously updated, deep waterfront luxury coastal home featuring five bedrooms, five full baths, and two half baths in the heart of Shadowlawn. Featuring a large floating dock and 25,000 lb boat lift on Lake Rudee with 12 ft low-tide clearance and direct passage to the Atlantic - great for fishing and sunset cruises. Host guests and have gatherings by your stunning pool with covered pool house complete with kitchen, bar, and pool bath. Inside you will find a chef's kitchen opening to a bright sunroom and dining area with natural gas fireplace, leading into an expansive den with abundant natural light, which opens to your pool and outdoor living spaces. The wraparound first-floor deck overlooks the inlet, plus a second-floor deck off one of two primary suites. All five bedrooms are ensuites, enjoy privacy of a dedicated office, fiber cement siding, and attached 2-car garage. Originally two waterfront lots, but offers the potential to vacate and restore the original property line.

Listing courtesy of Susan Pender · BHHS RW Towne Realty · REIN MLS #10627783

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

309 Caspian Ave is a five-bedroom, five-full-and-two-half-bath home in Virginia Beach's 23451 zip code — just six minutes from both Dam Neck Annex and NAS Oceana, steps from the Rudee Inlet waterfront dining scene, and sized at 4,378 square feet for households that need serious room.

Read the full overview ↓

Why this home stands out

What sets 309 Caspian Ave apart is the combination of scale and location that's genuinely rare this close to the coast. Five full bathrooms across 4,378 square feet means no one is waiting in line on a busy morning, and the 1965 bones give the home a solidity you don't always find in newer builds. Add a six-minute drive to two separate military installations and a two-tenths-of-a-mile walk to three waterfront restaurants, and the address starts to feel less like a compromise and more like a jackpot.

SHADOWLAWN and the Virginia Beach real estate market

Caspian Ave sits in a quiet residential pocket just inland from Rudee Inlet — one of the most recognizable waterways in Virginia Beach. The surrounding streets have the character of an established coastal neighborhood: mature trees, a mix of original mid-century homes and thoughtfully updated properties, and neighbors who tend to stay for decades. You're south of the main resort strip, which means you get the energy of the oceanfront without the summer gridlock right outside your door. Virginia Beach as a city wraps around you with everything a large coastal municipality delivers — a robust parks system, a thriving restaurant culture, and a military community that keeps the economy steady year-round. The 23451 zip code in particular carries a strong sense of place; families comparing homes for sale in Virginia Beach often discover that this zip punches above its weight for walkability and water access. City Hall, the Virginia Beach Convention Center, and the Oceanfront boardwalk are all within a reasonable drive, and the overall vibe here is relaxed without feeling remote.

What's nearby

Daily life is easy from Caspian Ave. Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.2 miles — so dinner with a water view is practically a default. Zeke's coffee shop is a half-mile away, and Virginia Beach Coffee Co is just 0.7 miles out if you prefer a local roaster. Prise's Food Mart covers quick grocery runs at 0.7 miles, and Tienda Latina La Tapatia 2 adds variety at one mile. Marshview Park (Southside) is 0.4 miles for morning walks, and Grommet Island Park — an accessible, inclusive playground — is 0.6 miles away. TakeOver Athletics Shadowlawn and CoreStrength Center both sit within 0.6 miles for fitness.

For different buyers

For military families relocating

Dam Neck Annex and NAS Oceana are each six minutes away — a commute that's hard to beat anywhere in Hampton Roads. The five-bedroom layout handles PCS moves with ease, giving everyone their own space whether you're housing a growing family or keeping a dedicated home office. A VA loan is a natural fit here, and the stable Virginia Beach market makes this zip code a smart long-term hold between duty stations.

For families upgrading

If your current home has everyone sharing bathrooms and fighting for square footage, 309 Caspian Ave answers that problem directly. Five bedrooms and five full baths across 4,378 square feet means the household can expand without anyone feeling crowded. Families comparing homes for sale zoned for First Colonial High School and homes for sale zoned for Cooke Elementary School will find this address sits in a well-established part of Virginia Beach with genuine neighborhood character.

More buyer questions

How far is 309 Caspian Ave from Dam Neck Annex?

Dam Neck Annex is approximately six minutes by car from 309 Caspian Ave, making it one of the shortest base commutes available among Virginia Beach homes for sale in this size range. NAS Oceana is also six minutes in a different direction, so the address works for personnel at either installation.

What is the flood zone status for 309 Caspian Ave?

Flood zone information for 309 Caspian Ave is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the 23451 zip code. Buyers are encouraged to review that section and discuss flood insurance options with their lender.

How walkable is the area around Caspian Ave?

The immediate area is quite walkable for a residential Virginia Beach neighborhood — three waterfront restaurants are within 0.2 miles, a coffee shop is 0.5 miles out, and Marshview Park is a short 0.4-mile stroll. Grocery options and additional dining require a short drive but are all within a mile.

Is there a homeowners association at 309 Caspian Ave?

HOA status for this property is noted in the listing details section of this page. If an HOA applies, the governing documents will be available for review during the due-diligence period.

What are the nearest parks to 309 Caspian Ave?

Marshview Park (Southside) is 0.4 miles away, Marshview Park Field is 0.6 miles, and Grommet Island Park — known for its fully accessible playground equipment — is also 0.6 miles from the address. All three are reachable on foot or by a very short drive.

Want to see 309 Caspian Ave in person? Tom and Dariya Milan at LPT Realty know this corner of Virginia Beach well — reach out and let's set up a walkthrough on your schedule.

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

Homes like this one sell fast — see the next one first

Virginia Beach$2.3M – $3.1M5+ beds

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

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.

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

70-75 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

Rudee Heights

Rudee Heights is a compact waterfront neighborhood at the south end of the Virginia Beach Oceanfront, set on the peninsula between Lake Rudee and Lake Wesley near Rudee Inlet.

2

For sale now

$176K

HH income

81.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Rudee Heights
Map of Rudee Heights with neighborhood boundaryNeighborhood

Virginia Beach houses for sale

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

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$15,888/mo

Principal & interest

$13,984

Property tax

$1,118

Home insurance

$786

PMI

None

HOA/Condo (paid separately)

None

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 & history

Why the land carries the value

Asking vs. assessment

195% of $1,383,100

City assessment record · taxes $13,416/yr

Land share of assessed value

50% — $693,000

Improvements $690,100 · assessor record ✓

Price context — similar nearby homes

$1,061,000$2,415,000

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.

480 Southside RD · 0.5 mi · 3,600 sqft$2,415,000 sold 2026-07
647 S Atlantic AVE · 0.8 mi · 3,910 sqft$2,095,000 sold 2026-04
612 Croatan Hills CT · 0.8 mi · 3,819 sqft$1,276,000 sold 2026-06

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$2,695,000

Price / Sq Ft

$616

Annual Taxes

$13,416

Monthly Tax

$1,118

HOA

None

Tax Rate (effective)

0.50%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 2, 2026$2,695,000
Currently listed$2,695,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

95% above assessment

Total Assessed

$1,383,100

Land

$693,000

Improvement

$690,100

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

124 days on market — read it in context

Higher-priced homes market more slowly by nature: the buyer pool is smaller and diligence is heavier. Days-on-market at this tier is a rhythm, not a warning.

Questions buyers ask

Is 309 Caspian Ave in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (VaHome School Score 6/10), Virginia Beach Middle (VaHome School Score 6.4/10), First Colonial (VaHome School Score 7.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 309 Caspian Ave 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 309 Caspian Ave a waterfront property?+
Yes. The listing record shows: Boat Lift,Deep Water,Deep Water Access,Dock,Navigable.
Does 309 Caspian Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 309 Caspian Ave built?+
It was built in 1965, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Susan Pender · BHHS RW Towne Realty · REIN MLS #10627783

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.

309 Caspian Ave, Virginia Beach — photo

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

Call or text (757) 777-7577

309 Caspian Ave, Virginia Beach, Virginia 23451 · MLS #10627783 · 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.