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Virginia BeachPOINT CHESAPEAKE ON THE BAY3416 Point Chesapeake Way #5026✓ Source: REIN MLS #10617007 · record updated Jul 12, 2026 · synced every 2 min · your inquiry is never resold
3416 Point Chesapeake WAY #5026, VIRGINIABEACH VA 23451 - Main photo
3416 Point Chesapeake WAY #5026, VIRGINIABEACH VA 23451 - Photo 2
3416 Point Chesapeake WAY #5026, VIRGINIABEACH VA 23451 - Photo 3
3416 Point Chesapeake WAY #5026, VIRGINIABEACH VA 23451 - Photo 4
3416 Point Chesapeake WAY #5026, VIRGINIABEACH VA 23451 - Photo 5
$1,649,000
$705 / sqft · est. $11,197/mo →
3beds
2.1baths
2,340sqft
174days on market

3416 Point Chesapeake Way #5026, Virginia Beach, VA 23451

ActiveResidential · built 2023 · POINT CHESAPEAKE ON THE BAY

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bay, Bulkhead, Ocean.

Frontage

Bay · Ocean ✓ VERIFIED

Shoreline

Bulkheaded

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Located on the uppermost floor of this striking resort styled community. This premier penthouse is perfectly positioned along the captivating shores of the Chesapeake Bay with breathtaking views to the Atlantic Ocean! Elevate your lifestyle with unmatched luxury & modern design. Customized living spaces with designer finishes & features. Superior Stainless Appliances, Extended center island with exquisite quartz tops, custom cabinets & stylish backsplash. Dramatic Wood flooring & elegant lighting & plumbing fixtures. Luxurious bathrooms with dramatic tile selection. Owner's suite w/heated floor & CA closets. Reimagined amenities include a private conditioned two car garage with epoxy flooring, Waterfront Club House & Community Pool with Grilling Patio on the bay. Enjoy Sun-filled days along the pristine beaches or sunset at the private bayfront gazebo. Embrace gentle ocean breezes on your expansive private deck, while emersed in the natural beauty of this special stretch of coastline!

Listing courtesy of Jon Decker · BHHS RW Towne Realty · REIN MLS #10617007

VaHome team overview

Our read on this home

At a glance

A 2023-built, 3-bedroom, 2.1-bath townhome in Point Chesapeake on the Bay, Virginia Beach — just eight minutes from JEB Little Creek-Fort Story and steps from waterfront dining, trails, and the kind of coastal lifestyle that's hard to leave behind.

Read the full overview ↓

Why this home stands out

Built in 2023, Unit 5026 at 3416 Point Chesapeake Way brings 2,340 square feet of modern construction to one of Virginia Beach's most water-adjacent communities. You're getting newer finishes, contemporary floor plans, and the low-maintenance rhythm of townhome living — all without sacrificing space. Three bedrooms, two and a half baths, and a location that puts Bubba's Seafood and the Cape Henry Trail practically at your doorstep.

POINT CHESAPEAKE ON THE BAY and the Virginia Beach real estate market

Point Chesapeake on the Bay sits at the northern tip of Virginia Beach where the Chesapeake Bay meets the Atlantic coast — a location that gives the neighborhood a distinctly maritime personality. The streets feel unhurried, the water is never far from view, and the mix of newer construction and established coastal homes creates a community that feels both polished and genuinely lived-in. For anyone browsing homes for sale in Virginia Beach, this pocket stands out because it combines waterfront proximity with real everyday convenience. You're in Virginia Beach proper, which means access to a full-service city — parks, recreation, dining corridors — while still enjoying the quieter pace that comes with being tucked near the bay. The community itself has an HOA, which keeps the common areas and overall streetscape looking sharp year-round. Whether you're drawn to morning walks along the water, evening dinners at local seafood spots, or simply the feeling of being somewhere that has a genuine sense of place, Point Chesapeake on the Bay delivers.

What's nearby

Daily life at 3416 Point Chesapeake Way is genuinely walkable by Virginia Beach standards. Bubba's Seafood Restaurant, The Back Deck, and Mason's Famous Lobster Rolls are all within two-tenths of a mile — that's a short stroll for dinner or a casual lunch. The Back Deck also pulls double duty as a coffee stop, and American Brew and Lynnhaven Coffee Company are both under a mile for your morning routine. Fitness options are close too: Energy In Motion is 0.4 miles out, with 9Round Kickboxing Fitness and Hard Work Works Fitness both under a mile. Cape Henry Trail Beach Trailhead is just 0.3 miles away for outdoor runs and beach access, while Lynnhaven Colony Park and Loch Haven Park round out the green space within half a mile.

For different buyers

For military families relocating

JEB Little Creek-Fort Story is an eight-minute drive from 3416 Point Chesapeake Way, and NAS Oceana is roughly fourteen minutes out — making this address one of the more strategically located options for active-duty households in Virginia Beach. A VA loan can make a 2023-built townhome like this especially accessible, and BAH rates for the area reflect the strong demand for quality housing this close to two major installations.

For families upgrading

If you're upsizing into something newer, 3416 Point Chesapeake Way checks the right boxes. Two thousand three hundred forty square feet built in 2023 means you're starting with modern systems, current building standards, and a layout designed for how people actually live today. Three bedrooms and 2.1 baths give everyone room to spread out, and the community's HOA means the exterior upkeep largely takes care of itself — freeing up weekends for the trails, restaurants, and waterfront that make this part of Virginia Beach worth the move.

More buyer questions

How far is 3416 Point Chesapeake Way from JEB Little Creek-Fort Story?

JEB Little Creek-Fort Story is approximately eight minutes from 3416 Point Chesapeake Way by car, making it one of the closest residential options to that installation in Virginia Beach. NAS Oceana is about fourteen minutes in the other direction.

What is the Point Chesapeake on the Bay community like?

Point Chesapeake on the Bay is a water-adjacent neighborhood at the northern edge of Virginia Beach, characterized by newer construction, an active HOA, and a relaxed coastal atmosphere with walkable access to dining and outdoor trails.

Is 3416 Point Chesapeake Way part of an HOA?

Yes, the community has a homeowners association that manages common areas and maintains the overall appearance of the neighborhood — a practical benefit for townhome owners who prefer a well-kept streetscape without handling all exterior upkeep themselves.

What flood zone is 3416 Point Chesapeake Way in?

Given the property's proximity to the Chesapeake Bay, flood zone designation is worth reviewing carefully — your agent can pull the current FEMA flood map data for this specific parcel, and that information is also displayed in the FloodRisk tile on this page.

Are there parks and outdoor spaces near 3416 Point Chesapeake Way?

Yes — the Cape Henry Trail Beach Trailhead is just 0.3 miles away, offering beach access and trail running, while Lynnhaven Colony Park and Loch Haven Park are both within half a mile for additional green space and recreation.

Want to see 3416 Point Chesapeake Way in person or get answers about Point Chesapeake on the Bay? Tom and Dariya Milan at LPT Realty know this neighborhood well — reach out and let's set something up.

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

2023

Price / sqft

$705

Condo fee

$1,000/mo

Taxes

$13,920/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10617007

Condo association includes

ClubhouseElevatorExercise RmGated CommunityGround MaintPoolTrash Pickup

$1,000/mo condo fee · Point Chesapeake on the Bay Condo Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
2,340
Stories
1
Flooring
Ceramic, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
7
Other rooms
1st Floor BR, 1st Floor Primary BR, Breakfast Area, PBR with Bath, Pantry, Utility Closet
Appliances
Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener, Jetted Tub
Accessibility
Elevator, Main Floor Laundry

Construction & exterior

Style
Mid Rise, Transitional
Subtype
Attached
Foundation
Pile, Slab
Roof
Asphalt Shingle,Metal
Exterior
Fiber Cement,Masonry
Pool
No Pool
Fencing
Decorative,Full
Waterfront
Bay,Bulkhead,Ocean

Utilities & systems

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

Lot, parking & ownership

Subdivision
POINT CHESAPEAKE ON THE BAY
Unit / floor
5
Zoning
RES
Ownership
Condo
Garage
Yes
Parking
Garage Att 2 Car, Off Street
Possession
SETTLE
Disclosures
Common Interest Community, Disclosure Statement, Resale Certif Req

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · 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 A

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Cape Henry Shores

Cape Henry Shores is a Bayfront neighborhood in the northern part of Virginia Beach, just south of the Cape Henry Lighthouse and Fort Story near the mouth of the Chesapeake Bay.

$537K

Median sale · 12 mo

$323

Sold $/sq ft

34d

Days on market

12

For sale now

$106K

HH income

51.2%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Cape Henry Shores
Map of Cape Henry Shores with neighborhood boundaryNeighborhood

Virginia Beach real estate

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

$11,197/mo

Principal & interest

$8,556

Property tax

$1,160

Home insurance

$481

PMI

None

HOA

$1,000

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.

Value & history

Judge value on real ground

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

$775,000$1,750,000

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.

2317 Point Chesapeake QUAY #4022 · 0 mi · 2,340 sqft$1,750,000 sold 2026-02
2140 VISTA CIR #403 · 0.3 mi · 2,300 sqft$775,000 sold 2026-07
2205 Newbern LN · 0.3 mi · 2,248 sqft$830,000 sold 2026-06

Sale & Tax History

List Price

$1,649,000

Price / Sq Ft

$705

Annual Taxes

$13,920

Monthly Tax

$1,160

Condo fee

$1,000 / mo

Tax Rate (effective)

0.84%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJan 20, 2026$1,649,000
Price reducedJun 26, 2026$1,649,000−$146,000
Currently listed$1,649,000

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:

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

174 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 3416 Point Chesapeake Way #5026 in a good school zone?+
The assigned zones on the listing record are John B. Dey Elementary (GreatSchools 9/10), Great Neck Middle (GreatSchools 8/10), Frank W. Cox (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 3416 Point Chesapeake Way #5026 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 3416 Point Chesapeake Way #5026?+
Yes — Energy In Motion is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 3416 Point Chesapeake Way #5026?+
Cape Henry Trail Beach Trailhead is about 0.3 miles away.
Where is the nearest grocery store to 3416 Point Chesapeake Way #5026?+
bp is about 0.7 miles away. The closest dining on record is Bubba's Seafood Restaurant (0.1 mi).
Is 3416 Point Chesapeake Way #5026 a waterfront property?+
Yes. The listing record shows: Bay,Bulkhead,Ocean.
Does 3416 Point Chesapeake Way #5026 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Point Chesapeake on the Bay Condo Association. Association amenities on record include: Clubhouse, Elevator, Exercise Rm, Gated Community, Ground Maint, Pool, Trash Pickup.
When was 3416 Point Chesapeake Way #5026 built?+
It was built in 2023, 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 Jon Decker · BHHS RW Towne Realty · REIN MLS #10617007

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.

3416 Point Chesapeake Way #5026, Virginia Beach — photo

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

Call or text (757) 777-7577

3416 Point Chesapeake Way #5026, Virginia Beach, Virginia 23451 · MLS #10617007 · 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.