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Virginia Beach › POINT CHESAPEAKE ON THE BAY › 3416 Point Chesapeake Way #5026✓ Source: REIN MLS #10617007 · record updated Jul 29, 2026 · synced every 2 min · your inquiry is never resold
3416 Point Chesapeake WAY #5026, VIRGINIA BEACH VA 23451 - Main photo
3416 Point Chesapeake WAY #5026, VIRGINIA BEACH VA 23451 - Photo 2
3416 Point Chesapeake WAY #5026, VIRGINIA BEACH VA 23451 - Photo 3
3416 Point Chesapeake WAY #5026, VIRGINIA BEACH VA 23451 - Photo 4
3416 Point Chesapeake WAY #5026, VIRGINIA BEACH VA 23451 - Photo 5
3beds
2.1baths
2,340sqft
197days 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

Facts & features

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

About this home

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

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

A 2023-built, 3-bedroom, 2.5-bath townhome in Point Chesapeake on the Bay puts you steps from the Chesapeake Bay shoreline, eight minutes from JEB Little Creek-Fort Story, and within a short walk of some of Virginia Beach's most beloved waterfront dining.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23451, homes for sale zoned for Cox High School, and homes for sale zoned for John B. Dey Elementary School. Browse every listing among homes for sale in Virginia Beach — updated from the REIN MLS every few minutes. Nearby, look at Cape Henry Shores homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

Built in 2023, this 2,340-square-foot townhome brings genuinely new construction to one of Virginia Beach's most coveted waterfront communities. Point Chesapeake on the Bay sits right where the Chesapeake Bay meets the mouth of the Lynnhaven River — a setting that most of the zip code simply cannot replicate. Three bedrooms, two and a half baths, and a layout designed for the way people actually live today make this address hard to categorize alongside older resale inventory.

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

Point Chesapeake on the Bay occupies a narrow peninsula where the Chesapeake Bay and Lynnhaven River converge, giving the community a water-on-multiple-sides character that's rare even by Virginia Beach standards. The streets feel quiet and residential, yet the bay is visible from many vantage points, and the salt air is a constant. It's the kind of address that draws people who want proximity to the water woven into daily life — not just a weekend drive to the beach. Virginia Beach as a city wraps this neighborhood in a full range of amenities: the Oceanfront resort strip, Town Center's dining and entertainment corridor, and the green space network of First Landing State Park are all within reasonable reach. Families comparing homes for sale in Virginia Beach often find that the northeast corner of the city — where 23451 sits — offers a distinct lifestyle that blends coastal calm with genuine urban convenience, and Point Chesapeake on the Bay is one of the neighborhoods that defines that balance.

What's nearby

Daily errands and leisure are both easy from 3416 Point Chesapeake Way. Bubba's Seafood Restaurant, The Back Deck, and Mason's Famous Lobster Rolls are all within 0.3 miles — a walkable cluster of waterfront dining that most neighborhoods can only envy. American Brew and Lynnhaven Coffee Company handle your morning coffee within under a mile. Cape Henry Trail Beach Trailhead is a three-minute walk for sunrise runs or afternoon hikes, and Lynnhaven Colony Park and Loch Haven Park are both half a mile out for open green space. Energy In Motion and 9Round Kickboxing Fitness cover your workout options nearby, with Pleasure House Point Yoga & Wellness rounding out the wellness scene at 0.8 miles. A BP station covers quick grocery and fuel needs at 0.7 miles.

For different buyers

For military families relocating

JEB Little Creek-Fort Story is eight minutes away, and NAS Oceana is a fourteen-minute drive — two of Hampton Roads' most active installations within easy reach of a single address. A VA loan pairs naturally with a 2023-built home like this one, and the low-maintenance townhome format means deployments don't leave a long to-do list behind. It's a practical fit for military households who also want a genuinely beautiful place to come home to.

For buyers drawn to character

New construction and waterfront character don't usually come in the same package, but Point Chesapeake on the Bay pulls it off. The 2023 build date means modern systems and finishes; the location at the confluence of the Chesapeake Bay and Lynnhaven River means you're not trading soul for square footage. If you've been searching homes for sale in 23451 and keep finding either dated interiors or generic subdivisions, this address offers a third option.

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 away by car — one of the shortest commutes to that installation you'll find in Virginia Beach. NAS Oceana is about fourteen minutes in the other direction, making this address workable for personnel at either base.

What school zone does 3416 Point Chesapeake Way fall in?

Buyers comparing homes for sale zoned for Cox High School and homes for sale zoned for John B. Dey Elementary School will want to verify current Virginia Beach City Public Schools zoning directly with the district, as attendance boundaries can change — but this address has historically fallen within those attendance zones.

Is 3416 Point Chesapeake Way in a flood zone?

Given its location near the Chesapeake Bay and Lynnhaven River, flood zone status is an important consideration for this address. Check the FEMA Flood Map Service Center and consult the property's FloodRisk tile for the most current designation and insurance guidance.

What is the HOA situation at Point Chesapeake on the Bay?

Point Chesapeake on the Bay is an HOA community. Buyers should request the current HOA documents — including bylaws, rules, and budget disclosures — during due diligence to understand what the association covers and governs.

Are there walkable restaurants and coffee shops near 3416 Point Chesapeake Way?

Yes — Bubba's Seafood Restaurant, The Back Deck, and Mason's Famous Lobster Rolls are all within 0.3 miles, and American Brew is just 0.4 miles away. It's a genuinely walkable dining and coffee scene for a residential waterfront community.

Tom and Dariya Milan at LPT Realty know Point Chesapeake on the Bay and the broader Virginia Beach homes for sale market inside out — reach out to schedule a walkthrough or ask your first question.

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

Homes like this one sell fast — see the next one first

Virginia Beach$1.4M – $1.9M3+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

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

In the Cape Henry Shores neighborhood of Virginia Beach. 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

$10,197/mo

Principal & interest

$8,556

Property tax

$1,160

Home insurance

$481

PMI

None

HOA/Condo (paid separately)

$1,000

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

Judge value on real ground

Price context — similar nearby homes

$775,000 – $1,800,000

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.

2140 VISTA CIR #403 · 0.3 mi · 2,300 sqft$775,000 sold 2026-07
2916 Buccaneer RD · 1 mi · 2,396 sqft$1,245,000 sold 2026-08
3733 Lynnfield DR · 1.8 mi · 2,450 sqft$1,220,000 sold 2026-03

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

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 19, 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

197 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

Is 3416 Point Chesapeake Way #5026 in a good school zone?+
The assigned zones on the listing record are John B. Dey Elementary (VaHome School Score 9.4/10), Great Neck Middle (VaHome School Score 9/10), Frank W. Cox (VaHome School Score 8/10). 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

Brokered by 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

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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.

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