Home/Virginia/Portsmouth/STERLING COVE/3123 Sterling WAY #12, PORTSMOUTH VA 23703
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Coming Soon
Active
Under Contract
Sold
Off Market

36 days on market

$344,777

Price reduced $5Kfrom $349,777 · today

3123 Sterling Way #12

Portsmouth, Virginia 23703

MLS# 10632948 · STERLING COVE · Portsmouth VA

Updated 20 hours ago · Source: REIN MLS

Est. payment

$2,187/mo

Edit below

Price / sq ft

$149

2,307 sq ft

Days on market

36

HOA

None

Year built

1999

27 yrs old

Beds

3

Full Baths

2

Half Baths

1

Sq Ft

2,307

Garage

Yes

Residential2 StoryCondoWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

This gorgeous home is in the heart of Churchland and is ready for a new owner. The seller's have done all the work, all you have to do is bring your furniture and call it home. The eat-in kitchen has been updated with gorgeous granite counter tops, backsplash, all newer appliances, along with newer upgraded LVP floors throughout. The floor plan flows with ample room for entertaining or just relaxing. There's easy acc…

Listed by Pamela Laurens · The Real Estate Group

VaHome Team property overview

At a glance

3123 Sterling Way #12 is a 3-bedroom, 2.5-bath townhome-style condo in Sterling Cove, Portsmouth, Virginia — 2,307 square feet built in 1999, with two military installations less than ten minutes away and everyday errands practically at the front door.

Read full property overview ↓

Why this home stands out

What sets this address apart is the combination of generous square footage and a location that quietly overdelivers. At 2,307 square feet, this 1999-built home gives you real room to spread out — something that's genuinely hard to find in a low-maintenance condo community. Sterling Cove sits in a pocket of Portsmouth where groceries, coffee, fitness, and dining are all within a half-mile, yet the community itself stays calm and residential.

STERLING COVE and the Portsmouth real estate market

Sterling Cove is a tucked-away condo community in the Churchland corridor of Portsmouth, Virginia — one of the city's most practical and underrated pockets. Churchland has a quiet, established feel: tree-lined streets, longtime neighbors, and a surprising density of everyday conveniences packed into a small radius. Portsmouth itself is one of Hampton Roads' original cities, sitting across the Elizabeth River from Norfolk and connected to the broader metro by bridge-tunnel and ferry. The city carries real character — historic districts, a working waterfront, and a tight-knit community identity that newer suburbs simply can't replicate. For anyone weighing where to plant roots in Hampton Roads, Portsmouth consistently offers more home per dollar than its neighbors, with access to the same major employers, military installations, and regional amenities. Sterling Cove fits that story well: a calm address inside a city that punches above its weight.

What's nearby

Daily errands are genuinely effortless here. ALDI and Food Lion are both 0.3 miles away, so grocery runs take minutes. When you want coffee before work, JoJack's Espresso Bar & Cafe is 0.2 miles out, with a Starbucks Coffee Company another few blocks beyond that. For a quick meal, Billy D's Seafood & Chicken and Harvey's Hot Dogs are right around the corner. Staying active is easy too — Full Potential Fitness and Wellness is 0.3 miles away, Planet Fitness is 0.5 miles, and the Portsmouth YMCA is under a mile. Families with kids will appreciate the Churchland Little League Baseball Fields just 0.4 miles away, and Ebony Heights Park is a mile down the road.

For different buyers

For military families relocating

NSA Northwest Annex is an 8-minute drive, and Naval Medical Center Portsmouth is about 10 minutes out — making 3123 Sterling Way a genuinely convenient home base for military households. The VA loan is a natural fit here, and the location keeps commute stress low whether you're on day shift, rotating schedules, or managing a PCS move on a tight timeline.

For first-time buyers

If you're buying your first home, 2,307 square feet in a condo community is a strong starting point — you get real living space without exterior maintenance eating your weekends. Sterling Cove's location means you're close to everything practical from day one: groceries, coffee, the gym, and parks all within half a mile. It's a low-friction way to step into homeownership.

Frequently asked questions

How far is 3123 Sterling Way from NSA Northwest Annex?

NSA Northwest Annex is approximately 8 minutes by car from 3123 Sterling Way #12, making it one of the closer off-base residential options for personnel stationed there.

How far is 3123 Sterling Way from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is about 10 minutes away by car — a straightforward commute whether you're clinical staff, active duty, or a dependent accessing care.

What is the Sterling Cove community like in Portsmouth?

Sterling Cove is a quiet, established condo community in the Churchland area of Portsmouth, offering a low-maintenance lifestyle with easy access to groceries, dining, and fitness options all within half a mile.

Is there an HOA at 3123 Sterling Way?

Yes, Sterling Cove has a homeowners association — typical for a condo community of this type, covering shared exterior and common-area upkeep.

Is 3123 Sterling Way 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 any relevant details.

Want to know more about 3123 Sterling Way or Sterling Cove? Tom and Dariya Milan at LPT Realty are happy to walk you through the details — reach out anytime.

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

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Property Details

Bedrooms

3

Full Baths

2

Half Baths

1

Approx Sq Ft

2,307

Stories

2

Fireplaces

0

Flooring

Carpet, Ceramic, Laminate/LVP

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Disposal, Microwave, Elec Range, Washer Hookup

Sale & Tax History

List Price

$344,777

Price / Sq Ft

$149

Annual Taxes

$3,569

Monthly Tax

$297

HOA

None

Tax Rate (effective)

1.04%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 4, 2026$344,777
Currently listed$344,777

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 14, 2026.

20% above assessment

Total Assessed

$287,790

Land

$77,620

Improvement

$210,170

Parcel ID: 08140170

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:

Portsmouth 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.

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.

See more Portsmouth homes for sale →

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.

Estimate your monthly payment

$2,187/mo

Principal & interest

$1,789

Property tax

$297

Home insurance

$101

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 The Real Estate Group · MLS# 10632948

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$344,777

3123 Sterling WAY #12, PORTSMOUTH VA 23703

Portsmouth, Virginia 23703

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Quick Facts

TypeResidential
Year Built1999
Lot Size
Taxes$3,569/yr
HOANone
Heating
Cooling

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