3 days on market
$359,900
3124 Sterling Way #55
Portsmouth, Virginia 23703
MLS# 10641339 · STERLING COVE · Portsmouth VA
Updated 13 hours ago · Source: REIN MLS
Est. payment
$2,242/mo
Edit below
Price / sq ft
$190
1,896 sq ft
Days on market
3
New listing
HOA
None
Year built
2000
26 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,896
Garage
Yes
Schools
- ElementaryChurchland Elementary School6/10
- MiddleChurchland Middle School5/10
- 5/10
Info provided by GreatSchools
About this home
STUNNING CONDO IN STERLING COVE! Welcome to 3124 Sterling Way, this meticulously updated 1,896 sq ft home has the ultimate layout for effortless, luxury living. This bright & airy end unit home has a highly coveted downstairs primary suite, features dramatic vaulted ceilings in the main living area that is perfectly complemented by a cozy fireplace with an elegant custom marble surround. The heart of the home feature…
Listed by Tracey Caddy · Southside Real Estate
VaHome Team property overview
3124 Sterling Way #55 is a 1,896-square-foot, three-bedroom townhome-style residence in Portsmouth, Virginia, built in 2000. With 2.5 baths, a practical layout, and quick access to two major military installations, it fits a wide range of buyers looking for space and convenience.
Read full property overview ↓Show less ↑
Why this home stands out
What sets this address apart is its rare combination of generous square footage for the property type and an almost unbeatable position between two significant military facilities. At roughly 1,900 square feet across three bedrooms and two and a half baths, there's real room to spread out — and the eight-minute drive to NSA Northwest Annex means short commutes are simply part of daily life here.
STERLING COVE and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most storied cities, sitting along the western bank of the Elizabeth River directly across from Norfolk. The city carries genuine character — historic Olde Towne Portsmouth features 18th- and 19th-century architecture, a working waterfront, and a walkable arts district that draws residents who want texture in their surroundings. Sterling Way sits in the northern reaches of Portsmouth, a quieter residential pocket that feels removed from the bustle while still connecting easily to the broader metro via I-664 and Route 17. Neighbors tend to be a mix of military households, long-term residents, and professionals who work across the water in Norfolk or Suffolk. The area around this address is mature and established — tree-lined streets, nearby green space, and a community feel that larger subdivisions sometimes lack. For anyone searching Portsmouth VA townhomes near military bases, this corridor checks the box on both counts. Daily errands are manageable, weekend options are plentiful, and the commute math works in your favor no matter which base is home.
What's nearby
Everyday conveniences cluster within a short drive. Grocery options, pharmacies, and a range of fast-casual and sit-down dining are all accessible along Frederick Boulevard and the Western Branch corridor. For outdoor time, City Park and the trails along the Lafayette River area offer room to decompress. Naval Medical Center Portsmouth is roughly ten minutes south, making healthcare appointments — whether routine or specialty — straightforward. The HRBT and Downtown Portsmouth ferry connection put Norfolk's waterfront, restaurants, and entertainment within easy reach on evenings and weekends. Portsmouth's own Olde Towne district, with its independent shops and dining scene, is a short drive away.
For different buyers
For military families relocating
Eight minutes to NSA Northwest Annex and ten to Naval Medical Center Portsmouth — that commute math is hard to argue with. Three bedrooms give growing families or households with a home-office need real flexibility, and the 1,896 square feet means everyone has breathing room. A VA loan can make the path to ownership here straightforward for eligible service members and veterans.
For first-time buyers
If you're stepping into homeownership for the first time, 3124 Sterling Way #55 offers a forgiving entry point. The 2000 build year means major systems aren't ancient, the layout is intuitive, and the square footage — nearly 1,900 square feet — gives you more space than most first homes. Portsmouth's established neighborhoods and relatively accessible price tier make it a smart city to plant roots in.
Frequently asked questions
How far is 3124 Sterling Way #55 from NSA Northwest Annex?
The drive is approximately eight minutes under normal traffic conditions, making it one of the closer residential options to that installation in Portsmouth.
How far is 3124 Sterling Way #55 from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is roughly ten minutes south, an easy commute whether you're stationed there or simply rely on it for healthcare.
What is the square footage and layout of this home?
The property offers 1,896 square feet with three bedrooms and two and a half baths, providing a comfortable amount of space for the property type and price tier.
Is there an HOA at 3124 Sterling Way #55?
Yes, the property is part of a community association — the unit number designation suggests a planned community with shared common-area maintenance responsibilities.
Is 3124 Sterling Way #55 in a flood zone?
Flood zone designation for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data for the parcel.
Tom and Dariya Milan at LPT Realty know Portsmouth inside and out. Reach out to get your questions answered and schedule a closer look at 3124 Sterling Way #55.
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
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
1,896
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$359,900
Price / Sq Ft
$190
Annual Taxes
$3,230
Monthly Tax
$269
HOA
None
Tax Rate (effective)
0.90%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 25, 2026 | $359,900 | — |
| Currently listed | — | $359,900 | — |
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.
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.
Military Commute
Drive times to nearest basesDrive 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
$2,242/moPrincipal & interest
$1,867
Property tax
$269
Home insurance
$105
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 Southside Real Estate · MLS# 10641339
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$359,900
3124 Sterling WAY #55, PORTSMOUTH VA 23703
Portsmouth, Virginia 23703
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