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Virginia Beach › SHADOWLAWN › 309 Caspian Ave✓ Source: REIN MLS #10627783 · record updated Oct 1, 2026 · synced every 2 min · your inquiry is never resold
309 Caspian AVE, VIRGINIA BEACH VA 23451 - Main photo
5beds
5.2baths
4,378sqft
182days on market

309 Caspian Ave, Virginia Beach, VA 23451

Off MarketResidential · 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

Meet 309 Caspian Avenue—a five-bedroom, five-bath home with 4,378 square feet built in 1965. You're just six minutes from Dam Neck Annex and NAS Oceana, with waterfront dining and parks steps away. This is homes for sale in 23451 that puts you close to base and close to life.

Read the full overview ↓

Why this home stands out

This 1965 home sits on a block where waterfront living meets everyday convenience. Five full bedrooms and five-plus baths give you room to spread out. The location is rare: you're walking distance to Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB, yet still minutes from two major military installations. Marshview Park is a short walk, and grocery options like Prise's Food Mart are nearby. It's the kind of home that balances privacy with access.

SHADOWLAWN and the Virginia Beach real estate market

Caspian Avenue sits in a neighborhood where water views and neighborhood life blend together. The streets here are quieter than the tourist zones, but you're never far from action—restaurants, coffee shops, and fitness studios cluster within a half-mile radius. Virginia Beach itself is a city of 450,000 built on military heritage and waterfront culture. Getting around is straightforward: you're six minutes to Dam Neck Annex and NAS Oceana, making it a natural choice for anyone commuting to base. The wider area mixes residential blocks with marinas, parks, and commercial strips. If you're comparing Virginia Beach homes for sale, note that this zip code sits at the intersection of military proximity and waterfront lifestyle. The city's main corridors—Shore Drive, Great Neck Road—connect you to shopping, dining, and entertainment without a long drive.

What's nearby

You're steps from waterfront dining: Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within a five-minute walk. Zeke's coffee shop and Virginia Beach Coffee Co are half a mile away for your morning routine. Prise's Food Mart sits less than a mile out for groceries. Fitness options include TakeOver Athletics Shadowlawn and CoreStrength Center, both under a mile away. Marshview Park and Grommet Island Park offer green space and water access nearby.

For different buyers

Base commute and VA loan notes

Dam Neck Annex is six minutes away; NAS Oceana is equally close. The home's five bedrooms and five-plus baths provide space for a household in transition. VA loan financing is common in this zip code. The location supports quick moves and established routines—you're near base, near schools, and near the everyday places you'll use.

Room to grow

Five bedrooms and five-plus baths mean everyone has their own space. The home's 4,378 square feet gives you room to grow without moving again. Storage and layout support the way life actually unfolds—work-from-home offices, guest rooms, and flexible living areas. A yard and proximity to Marshview Park add outdoor options for active days.

More buyer questions

How far is 309 Caspian Avenue from Dam Neck Annex?

About six minutes by car. NAS Oceana is equally close, making this a convenient location for anyone with a commute to either base.

What's within walking distance of this home?

Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all walkable. Marshview Park is a short walk away as well.

Are there grocery stores nearby?

Yes. Prise's Food Mart is less than a mile away, and Tienda Latina La Tapatia 2 is about a mile out.

What schools does this address zone for?

Anyone comparing homes for sale zoned for First Colonial High School and homes for sale zoned for Cooke Elementary School should review the district's current enrollment and program details with the Virginia Beach Schools office.

Is there fitness and recreation nearby?

TakeOver Athletics Shadowlawn and CoreStrength Center are both under a mile away. Grommet Island Park and Marshview Park offer outdoor recreation within walking or short-drive distance.

Ready to explore 309 Caspian Avenue? Contact Tom & Dariya Milan at LPT Realty to schedule a tour and learn more about this Virginia Beach home.

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

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

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. It sits on the peninsula between Lake Rudee and Lake Wesley, near Rudee Inlet.

1

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

$1,270,000 – $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.

617 Goldsboro AVE · 0.1 mi · 4,091 sqft$1,700,000 sold 2026-09
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

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 3, 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.

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.

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