Skip to main content
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
$2,695,000
$616 / sqft · est. $15,888/mo →
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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

309 Caspian Ave is a spacious five-bedroom, five-and-a-half-bath home in Virginia Beach, just steps from the oceanfront and minutes from Dam Neck Annex and NAS Oceana. With over 4,300 square feet built in 1965, this is one of the most generously sized residential properties in the area.

Read the full overview ↓

Why this home stands out

Few addresses in Virginia Beach combine this much square footage — 4,378 square feet — with a location this close to the Atlantic. Five full bedrooms, five full baths, and two half baths give every member of the household genuine breathing room. The 1965 build year puts this home in an era of solid construction, and the property's scale makes it a rare find this near the resort strip and the inlet.

SHADOWLAWN and the Virginia Beach real estate market

Caspian Ave sits in the southern end of the Virginia Beach oceanfront corridor, right where the resort energy softens into an actual neighborhood. You're within a short walk of the inlet, the fishing pier, and the boardwalk, but the street itself feels residential — not touristy. Virginia Beach as a city offers something genuinely uncommon: a coastal lifestyle that doesn't require a long commute to reach major employment centers, military installations, or everyday conveniences. The city spans from the Chesapeake Bay to the Atlantic, and this address plants you firmly on the ocean side. Neighbors here tend to be a mix of longtime Virginia Beach families and households drawn by the proximity to both the water and the base corridor. The surrounding blocks have a low-key, lived-in feel that's hard to manufacture — it developed over decades, and it shows.

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 — walkable waterfront dining on a weeknight. Zeke's and Virginia Beach Coffee Co are both under a mile for your morning routine. Prise's Food Mart handles quick grocery runs at 0.7 miles, with Tienda Latina La Tapatia 2 adding variety at 1.0 mile. Grommet Island Park and Marshview Park are both under a mile, and TakeOver Athletics Shadowlawn and CoreStrength Center keep fitness options close. There's a lot to love about this walkability profile.

For different buyers

For military families relocating

Dam Neck Annex and NAS Oceana are each about six minutes away, which makes 309 Caspian Ave an unusually practical choice for active-duty households. Five bedrooms handle growing families or visiting relatives without anyone doubling up. VA loan eligibility pairs well with a property of this size — and this location means short commutes regardless of which installation you're assigned to.

For buyers drawn to character

Homes built in 1965 in coastal Virginia carry a different kind of weight than newer construction — thicker walls, established lots, and a sense of place that takes decades to develop. At 4,378 square feet, 309 Caspian Ave has the bones for serious personalization. If you're drawn to properties with history and scale rather than cookie-cutter layouts, this address deserves a close look.

More buyer questions

How far is 309 Caspian Ave from Dam Neck Annex?

Dam Neck Annex is approximately six minutes from 309 Caspian Ave by car. That's one of the shortest base commutes available for a home of this size in Virginia Beach.

How far is 309 Caspian Ave from NAS Oceana?

NAS Oceana is also about six minutes away, making this address a strong fit for households with assignments at either installation.

What is the square footage of 309 Caspian Ave?

The home measures 4,378 square feet of living space across five bedrooms and five full baths plus two half baths — one of the larger residential footprints this close to the Virginia Beach oceanfront.

Is 309 Caspian Ave in a flood zone?

Flood zone information for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and what it means for insurance requirements.

Are there walkable restaurants near 309 Caspian Ave?

Yes — Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.2 miles, making waterfront dining genuinely walkable from the front door.

Want to see 309 Caspian Ave in person? Tom and Dariya Milan at LPT Realty know this corridor well — reach out and they'll set up a walkthrough at your convenience.

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

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

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

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.