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Virginia BeachSHADOWLAWN417 Terrace Ave✓ Source: REIN MLS #10646029 · record updated Aug 2, 2026 · synced every 2 min · your inquiry is never resold
417 Terrace AVE, VIRGINIA BEACH VA 23451 - Main photo
417 Terrace AVE, VIRGINIA BEACH VA 23451 - Photo 2
417 Terrace AVE, VIRGINIA BEACH VA 23451 - Photo 3
417 Terrace AVE, VIRGINIA BEACH VA 23451 - Photo 4
417 Terrace AVE, VIRGINIA BEACH VA 23451 - Photo 5
4beds
3.1baths
1,900sqft
10days on market

417 Terrace Ave, Virginia Beach, VA 23451

ActiveResidential · built 2026 · SHADOWLAWN

Facts & features

Type

Residential

Year built

2026

Price / sqft

$461

HOA

None

Taxes

$9,000/yr

County

Virginia Beach VA

MLS #

10646029

Interior

Bedrooms
4
Full baths
3
Half baths
1
Approx. sqft
1,900
Stories
2
Flooring
Laminate/LVP
Ensuite bedrooms
2
First-floor bed & full bath
Yes
Total rooms
7
Other rooms
1st Floor BR, 1st Floor Primary BR, Balcony, PBR with Bath, Porch, Utility Room
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy,Wood Fence

Utilities & systems

Heating
Forced Hot Air
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
SHADOWLAWN
Zoning
R5S
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Off Street, Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement, Owner Agent

See more Virginia Beach new construction homes.

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

About this home

LIVE THE BEACH LIFE in this new custom home in Shadowlawn, just blocks to the oceanfront! Perfect for generational living with a flexible upstairs in-law suite with private entrance ready to customize. Features include custom-tiled bathrooms, upgraded flooring and doors, beautifully appointed finishes, and a durable Hardie Plank & block exterior. Brand-new appliances, roof, and HVAC complete this turnkey opportunity.

Listing courtesy of Carrie Copenhaver · Iron Valley Real Est Norfolk · REIN MLS #10646029

Tom & Dariya's overview

Our read on this home

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

At a glance

417 Terrace Ave is a brand-new 2026-built, four-bedroom, three-and-a-half-bath home in the heart of Virginia Beach's 23451 zip code — steps from the oceanfront, minutes from two military installations, and surrounded by the kind of walkable coastal energy that makes daily life genuinely enjoyable.

Read the full overview ↓

Why this home stands out

New construction in this pocket of Virginia Beach is rare, and 417 Terrace Ave delivers it without compromise: 1,900 square feet of thoughtfully designed living space, four bedrooms, and three and a half baths in a location where most homes were built decades ago. You're getting modern systems, modern finishes, and a walk-to-the-water lifestyle that older stock in the neighborhood simply can't replicate.

SHADOWLAWN and the Virginia Beach real estate market

Terrace Avenue sits in a low-key, walkable stretch of Virginia Beach just inland from the oceanfront resort strip — close enough to feel the salt air, far enough to skip the tourist chaos. The blocks here are a genuine mix of year-round residents and people who discovered this corner of the city and never left. Grommet Island Park is less than a mile away, Marshview Park is a short walk for a morning stretch, and the Atlantic Ocean is practically in your backyard. Virginia Beach itself is one of the largest cities by land area in the country, yet this zip code has a genuine neighborhood feel — local coffee shops, independent restaurants, and a fitness scene that reflects people who actually live here. For those comparing homes for sale in Virginia Beach, the 23451 zip code consistently stands out for its blend of coastal access and year-round livability. City amenities, the boardwalk, and easy highway connections to the rest of Hampton Roads are all within reach.

What's nearby

Daily life at 417 Terrace Ave is stacked with options within a half-mile. Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.2 miles — a short walk when you want dinner without a drive. Zeke's coffee shop is just 0.5 miles out, and Virginia Beach Coffee Co rounds out the morning routine at 0.7 miles. Prise's Food Mart handles quick grocery runs at 0.7 miles, with Tienda Latina La Tapatia 2 adding variety at 1.0 mile. TakeOver Athletics Shadowlawn and CoreStrength Center are both under 0.6 miles for workouts, and ReStormi Pilates is a mile out. Marshview Park and Grommet Island Park give you green space and waterfront access without getting in the car.

For different buyers

For military families relocating

Dam Neck Annex is six minutes away and NAS Oceana is seven — that kind of proximity is hard to find in a brand-new build anywhere in Hampton Roads. A VA loan pairs naturally with new construction like this, letting eligible buyers skip the down payment and move into a home with zero deferred maintenance. Families who need reliable commutes to both installations will find 417 Terrace Ave genuinely hard to beat.

For first-time buyers

Buying your first home in Virginia Beach and landing a brand-new 2026 build in the 23451 zip code is a real win. Everything is new — no surprise repairs, no aging systems, no negotiating credits for worn finishes. Four bedrooms gives you room to grow, and the walkable coastal neighborhood means you're not giving anything up on lifestyle. Among Virginia Beach homes for sale at this price point, new construction this close to the water rarely comes available.

More buyer questions

How far is 417 Terrace Ave from Dam Neck Annex?

Dam Neck Annex is approximately six minutes by car from 417 Terrace Ave, making it one of the closest residential options to the installation in Virginia Beach. NAS Oceana is similarly close at about seven minutes.

What school zone does 417 Terrace Ave fall in?

Families comparing homes for sale zoned for First Colonial High School and homes for sale zoned for Cooke Elementary School will want to verify current Virginia Beach City Public Schools zoning directly, as boundaries can shift — but this address has historically fallen within those attendance zones.

Is 417 Terrace Ave in a flood zone?

Flood zone status for this address is detailed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data. Virginia Beach coastal properties vary significantly by block, so reviewing that tile is recommended.

What is the walk score like for homes for sale in 23451?

The 23451 zip code, and Terrace Ave in particular, scores well for walkability — restaurants, coffee, parks, and the oceanfront are all within a half mile, making car-free errands genuinely practical for many daily needs.

Does 417 Terrace Ave have a garage?

Structural and garage details for this 2026-built home are confirmed in the full property data on this page — reach out to Tom or Dariya Milan at LPT Realty for a complete feature sheet and floor plan.

Ready to walk through 417 Terrace Ave in person? Tom and Dariya Milan know this corner of Virginia Beach well — reach out and they'll set it up.

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

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

Virginia Beach$740K – $1M4+ beds

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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 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.

2

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

Virginia Beach houses for sale

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

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$5,545/mo

Principal & interest

$4,540

Property tax

$750

Home insurance

$255

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

192% of $456,800

City assessment record · taxes $9,000/yr

Land share of assessed value

88% — $400,000

Improvements $56,800 · assessor record ✓

Price context — similar nearby homes

$545,000$790,000

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.

408 High Point AVE · 0 mi · 1,763 sqft$765,000 sold 2026-08
705 9th ST · 0.4 mi · 1,957 sqft$790,000 sold 2026-05
504 High Point AVE · 0 mi · 1,702 sqft$620,000 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

$875,000

Price / Sq Ft

$461

Annual Taxes

$9,000

Monthly Tax

$750

HOA

None

Tax Rate (effective)

1.03%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 25, 2026$875,000
Price reducedAug 2, 2026$875,000−$25,000
Currently listed$875,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

92% above assessment

Total Assessed

$456,800

Land

$400,000

Improvement

$56,800

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

10 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 417 Terrace Ave in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (VaHome School Score 6/10), Virginia Beach Middle (VaHome School Score 6.4/10), First Colonial (VaHome School Score 7.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 417 Terrace 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 417 Terrace Ave?+
Yes — CoreStrength Center is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 417 Terrace Ave?+
Grommet Island Park is about 0.4 miles away.
Where is the nearest grocery store to 417 Terrace Ave?+
Prise's Food Mart is about 0.4 miles away. The closest dining on record is Docktails VB (0.1 mi).
Does 417 Terrace Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 417 Terrace Ave built?+
It was built in 2026, 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 Carrie Copenhaver · Iron Valley Real Est Norfolk · REIN MLS #10646029

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.

417 Terrace Ave, Virginia Beach — photo

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

Call or text (757) 777-7577

417 Terrace Ave, Virginia Beach, Virginia 23451 · MLS #10646029 · 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.