12 days on market
$595,000
316 Winston Salem Ave #501
Virginia Beach, Virginia 23451
MLS# 10633619 · RUDEE INLET · Virginia Beach VA
Updated 3 days ago · Source: REIN MLS
Est. payment
$3,641/mo
Edit below
Price / sq ft
$397
1,500 sq ft
Days on market
12
New listing
HOA
None
Year built
1986
40 yrs old
Beds
2
Full Baths
2
Half Baths
0
Sq Ft
1,500
Garage
No
About this home
AMAZING OPPORTUNITY TO PURCHASE IN THIS 15 UNIT CONDO BUILDING OF RIA MAR WHERE HOMES RARELY COME ON MARKET. THIS 5TH FLOOR, CORNER UNIT NOT ONLY OFFERS PANORAMIC VIEWS OF BOTH RUDEE INLET & THE OCEAN, BUT ALSO YOUR OWN APPROX 40' BOAT SLIP LOCATED AT THE REAR OF BUILDING. SPACIOUS, OPEN FLOOR PLAN WITH PRIVATE BALCONY. LARGE EN SUITE PRIMARY WITH SITTING AREA, WALK IN CLOSET & WATER VIEWS. GRACIOUS 2ND BEDROOM W…
Listed by Deborah James · Deborah James & Associates
VaHome Team property overview
Meet 316 Winston Salem Ave #501 — a 1,500-square-foot, two-bedroom, two-bath condo in the Rudee Inlet neighborhood of Virginia Beach, built in 1986, with Dam Neck Annex just six minutes away and the Atlantic coastline practically at your doorstep.
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Why this home stands out
Unit 501 sits in one of Virginia Beach's most water-adjacent addresses, where Rudee Inlet's marina activity and the oceanfront energy converge. At 1,500 square feet across two full bedrooms and two bathrooms, this is a condo that actually lives like a home — with enough space to spread out, entertain, and still walk to the water in minutes. The 1986 build means solid bones in a mature, established community.
RUDEE INLET and the Virginia Beach real estate market
Rudee Inlet is the hinge point where the Chesapeake Bay drainage meets the Atlantic Ocean, and it gives this corner of Virginia Beach a character you won't find anywhere else in the city. The inlet draws fishing boats, paddleboarders, and sunset-watchers in equal measure, and the surrounding streets have the kind of low-key, coastal permanence that newer resort developments can't replicate. You're close enough to the Virginia Beach Oceanfront to enjoy the boardwalk energy, but far enough that the neighborhood stays genuinely residential. For anyone exploring virginia beach condos, this address is a strong reference point — it's where walkable waterfront living and practical everyday convenience actually overlap. Virginia Beach as a whole offers year-round coastal lifestyle, a robust restaurant and arts scene, and one of the most military-friendly housing markets on the East Coast. The Rudee Inlet pocket specifically rewards people who want water views and walkability without sacrificing square footage or community feel.
What's nearby
Daily life is easy from #501. Big Sam's Inlet Cafe & Raw Bar, Docktails VB, and The Dock Grill are all within a tenth of a mile — dinner plans essentially make themselves. Prise's Food Mart covers quick grocery runs at 0.4 miles, and Virginia Beach Coffee Co and Zeke's are both half a mile out for your morning routine. Grommet Island Park and The Jetty are within a short walk for outdoor time, while Virginia Legends Park is under a mile away. CoreStrength Center is 0.3 miles for workouts, with TakeOver Athletics Shadowlawn and Kaizen Athletics rounding out your fitness options nearby.
For different buyers
For military families relocating
Dam Neck Annex is six minutes away and NAS Oceana is seven — it's hard to find a Virginia Beach address that covers both bases this efficiently. A VA loan can make a condo like this very accessible, and your BAH in the Virginia Beach area is well-suited to a property at this location and size. Two bedrooms and two full baths give a small family or a couple genuine room to settle in.
For first-time buyers
If you're searching for sale virginia beach properties and want to start with something that punches above its weight, a 1,500-square-foot waterfront-adjacent condo in Rudee Inlet is a serious entry point. Two bedrooms, two bathrooms, and a walkable coastal neighborhood mean you're not compromising on lifestyle to get into the market — you're actually upgrading it.
Frequently asked questions
How far is 316 Winston Salem Ave #501 from Dam Neck Annex?
Dam Neck Annex is approximately six minutes by car from this address, making it one of the closest residential options to that installation in Virginia Beach.
How far is 316 Winston Salem Ave #501 from NAS Oceana?
NAS Oceana is about seven minutes away, so this condo works well for personnel who need access to either base without a long commute.
What is the Rudee Inlet neighborhood like day-to-day?
Rudee Inlet is a mature, water-oriented neighborhood where marina life, coastal dining, and easy beach access define the daily rhythm — it's active without being overwhelmed by resort-strip traffic.
Is 316 Winston Salem Ave #501 in a flood zone?
Given its proximity to Rudee Inlet and the Atlantic coast, flood zone status is an important consideration — check the FloodRisk tile on this page for the current FEMA designation and what it means for insurance.
Does 316 Winston Salem Ave #501 have an HOA?
Yes, this condo is part of a homeowners association; the HOA tile on this page has current details on what's covered and any community rules.
Want to walk through #501 or ask Tom and Dariya a question about Rudee Inlet? Reach out directly — they know this stretch of Virginia Beach well.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
316 Winston Salem AVE #501, Virginia Beach
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
2
Full Baths
2
Half Baths
0
Approx Sq Ft
1,500
Stories
1
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$595,000
Price / Sq Ft
$397
Annual Taxes
$4,556
Monthly Tax
$380
HOA
None
Tax Rate (effective)
0.77%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 7, 2026 | $595,000 | — |
| Currently listed | — | $595,000 | — |
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 Virginia Beach
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
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
$3,641/moPrincipal & interest
$3,087
Property tax
$380
Home insurance
$174
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 Deborah James & Associates · MLS# 10633619
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$595,000
316 Winston Salem AVE #501, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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