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Virginia BeachSHADOWLAWN317 Caspian Ave✓ Source: REIN MLS #10629328 · record updated Jul 26, 2026 · synced every 2 min · your inquiry is never resold
317 Caspian AVE, VIRGINIA BEACH VA 23451 - Main photo
317 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 2
317 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 3
317 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 4
317 Caspian AVE, VIRGINIA BEACH VA 23451 - Photo 5
$1,400,000
$619 / sqft · est. $7,931/mo →
4beds
3.1baths
2,260sqft
106days on market

317 Caspian Ave, Virginia Beach, VA 23451

ActiveResidential · built 2001 · 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, Bulkhead, Deep Water, Deep Water Access, Dock, Navigable.

Frontage

Waterfront ✓ VERIFIED

Dock

Dock · Boat lift

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Stunning 3-story waterfront home with 4 bedrooms and 3.5 baths on Rudee Inlet in desirable Shadowlawn. Deepwater access to the Atlantic Ocean makes this a true fisherman's paradise. Private dock with 16,000 lb boat lift and 1,500 lb jet ski lift. Upgrades include new interior and exterior painting, Pella windows, hardwood floors, new ceiling fans, LVT flooring, epoxy-coated garage floor, new tankless water heater, and solar panels for improved efficiency & reduced energy costs. Open living areas with an elegant kitchen and multiple balconies showcasing incredible water views from every level. Ideally located near the Oceanfront, dining, and entertainment. Exceptional coastal living.

Listing courtesy of Andrea Martin · A Better Way Realty Inc. · REIN MLS #10629328

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

317 Caspian Ave puts you in a 4-bedroom, 3.5-bath home just steps from the Virginia Beach Oceanfront. Built in 2001 and spanning 2,260 square feet, it's a rare find where beach-town energy and everyday practicality share the same address.

Read the full overview ↓

Why this home stands out

What sets 317 Caspian Ave apart is the combination of genuine square footage — 2,260 feet across four bedrooms and three and a half baths — with a location that's measured in minutes to both the Atlantic Ocean and two major military installations. Homes this size, this close to the Oceanfront, are uncommon. You're not trading space for location here; you get both.

SHADOWLAWN and the Virginia Beach real estate market

Caspian Ave sits in a low-key residential pocket just inland from the Virginia Beach Oceanfront strip — close enough to hear the energy of the boardwalk, far enough to feel like a real neighborhood rather than a tourist corridor. The streets here are a mix of year-round locals and people who discovered beach living and never looked back. Virginia Beach itself is one of the most livable coastal cities on the East Coast, with a city government that invests heavily in parks, trails, and public infrastructure. The Oceanfront district means walkable access to the beach, the boardwalk, and a genuine dining and nightlife scene — but Caspian Ave also connects you quickly to the broader city: the Town Center business district, the Oceanfront resort area, and the sprawling greenway network that makes Virginia Beach one of the most bikeable cities in the region. For a 2,260-square-foot home this close to the water, the address delivers an unusually balanced lifestyle.

What's nearby

Daily life is easy here. Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.2 miles — dinner plans basically make themselves. Zeke's coffee shop is a half-mile walk, and Virginia Beach Coffee Co is just 0.7 miles out. Prise's Food Mart handles quick grocery runs at 0.7 miles, with Tienda Latina La Tapatia 2 a mile away for specialty finds. Marshview Park is 0.4 miles for open-air time, and Grommet Island Park — an accessible, inclusive park right on the water — is 0.6 miles. TakeOver Athletics Shadowlawn and CoreStrength Center both sit within 0.6 miles for your fitness routine.

For different buyers

For military families relocating

Dam Neck Annex and NAS Oceana are each roughly six minutes from 317 Caspian Ave — an unusually short commute for a home with four bedrooms and this much living space. If you're eligible for a VA loan, the combination of location, size, and proximity to two installations makes this address worth a serious look. BAH for the Virginia Beach area reflects the coastal cost of living, and this home's footprint fits a range of pay grades.

For buyers drawn to character

This isn't a subdivision where every house looks like its neighbor. The Caspian Ave area near the Oceanfront has the kind of organic, evolved character that comes from decades of real people making real homes close to the water. A 2001 build means you get a more modern structural baseline — updated systems, better insulation, contemporary layout — without sacrificing the beachy, lived-in atmosphere that makes this part of Virginia Beach feel distinct.

More buyer questions

How far is 317 Caspian Ave from Dam Neck Annex?

Dam Neck Annex is approximately 6 minutes from 317 Caspian Ave by car, making it one of the closest residential options to the installation. The short commute is a meaningful advantage for personnel stationed there.

How far is 317 Caspian Ave from NAS Oceana?

NAS Oceana is also about 6 minutes away, so 317 Caspian Ave sits in a rare sweet spot with quick access to two major installations simultaneously.

Is 317 Caspian Ave in a flood zone?

Flood zone information for this address is displayed in the FloodRisk tile on this page — check there for the current FEMA designation and any relevant details.

What is the lot and property type at 317 Caspian Ave?

317 Caspian Ave is a residential property built in 2001, offering 2,260 square feet of living space with 4 bedrooms and 3.5 baths — a notably spacious footprint for this close to the Virginia Beach Oceanfront.

Are there parks or outdoor spaces near 317 Caspian Ave?

Marshview Park is just 0.4 miles away, Marshview Park Field is 0.6 miles, and Grommet Island Park — a fully accessible waterfront park — is also 0.6 miles from the address. The beach itself is within easy walking or biking distance.

Want to see 317 Caspian Ave in person or get more details? Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well — reach out and let's talk.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2001

Price / sqft

$619

HOA

None

Taxes

$3,100/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10629328

Association amenities

Boat SlipCable

Interior

Bedrooms
4
Full baths
3
Half baths
1
Approx. sqft
2,260
Stories
3
Flooring
Carpet, Ceramic, Wood
First-floor bed & full bath
Yes
Total rooms
9
Other rooms
1st Floor BR, Balcony, Foyer, PBR with Bath, Office/Study, Pantry, Porch, Screened Porch, Workshop
Appliances
Dishwasher, Disposal, Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener, Jetted Tub

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Partial
Waterfront
Boat Lift,Bulkhead,Deep Water,Deep Water Access,Dock,Navigable
Deep-water access
Yes

Utilities & systems

Heating
Nat Gas, Zoned
Cooling
Central Air, Zoned
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
SHADOWLAWN
Zoning
R5S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Oversized Gar, 2 Space, Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

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.

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

houses for sale in Virginia Beach

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

$7,931/mo

Principal & interest

$7,264

Property tax

$258

Home insurance

$408

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

139% of $1,003,800

City assessment record · taxes $3,100/yr

Land share of assessed value

54% — $546,000

Improvements $457,800 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$630,403$1,650,000

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.

949 Pacific AVE · 0.5 mi · 2,208 sqft$1,650,000 sold 2026-05
953 Pacific AVE · 0.5 mi · 2,208 sqft$800,000 sold 2026-05
408 Grace AVE · 0.4 mi · 2,124 sqft$665,000 sold 2026-03

Sale & Tax History

List Price

$1,400,000

Price / Sq Ft

$619

Annual Taxes

$3,100

Monthly Tax

$258

HOA

None

Tax Rate (effective)

0.22%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 11, 2026$1,400,000
Price reducedJul 10, 2026$1,400,000−$125,000
Currently listed$1,400,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

39% above assessment

Total Assessed

$1,003,800

Land

$546,000

Improvement

$457,800

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

106 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

Real questions, answered from the record

Is 317 Caspian Ave in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (GreatSchools 7/10), Virginia Beach Middle (GreatSchools 7/10), First Colonial (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 317 Caspian Ave in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 317 Caspian Ave?+
Yes — TakeOver Athletics Shadowlawn is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 317 Caspian Ave?+
Marshview Park (Southside) is about 0.4 miles away.
Where is the nearest grocery store to 317 Caspian Ave?+
Prise's Food Mart is about 0.6 miles away. The closest dining on record is Rudee's Restaurant and Cabana Bar (0.1 mi).
Is 317 Caspian Ave a waterfront property?+
Yes. The listing record shows: Boat Lift,Bulkhead,Deep Water,Deep Water Access,Dock,Navigable.
Does 317 Caspian Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 317 Caspian Ave built?+
It was built in 2001, 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 Andrea Martin · A Better Way Realty Inc. · REIN MLS #10629328

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.

317 Caspian Ave, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

317 Caspian Ave, Virginia Beach, Virginia 23451 · MLS #10629328 · 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.