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Virginia BeachTHE COVE AT GREAT NECK424 New London Pl✓ Source: REIN MLS #10642414 · record updated Aug 5, 2026 · synced every 2 min · your inquiry is never resold
424 New London PL, VIRGINIA BEACH VA 23454 - Main photo
424 New London PL, VIRGINIA BEACH VA 23454 - Photo 2
424 New London PL, VIRGINIA BEACH VA 23454 - Photo 3
424 New London PL, VIRGINIA BEACH VA 23454 - Photo 4
424 New London PL, VIRGINIA BEACH VA 23454 - Photo 5
$324,000
$215 / sqft · est. $2,166/mo →
3beds
2.1baths
1,508sqft
27days on market

424 New London Pl, Virginia Beach, VA 23454

ActiveResidential · built 2010 · THE COVE AT GREAT NECK

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Marsh, River.

Frontage

Marsh · River ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Welcome to your dream home at 424 New London Place! This beautiful, modern Virginia Beach condo features 3 spacious bedrooms, 2.5 bathrooms, and 1,508 square feet of bright living space. The kitchen comes fully equipped with sleek stainless steel appliances, elegant countertops, ample wood cabinetry, and a convenient breakfast bar. Step into the open-concept living area, where you can cozy up on cool nights next to your beautiful masonry fireplace. The home features a clean mix of LVP and soft carpet flooring, central cooling, forced air heating, and a private attached garage for extra parking and storage. Built in 2010, this low-maintenance property is situated in the highly desired 23454 area, feeding into excellent local schools like King's Grant Elementary, Great Neck Middle, and Frank W. Cox High School. Best of all, you are just a short drive away from fantastic shopping, local dining, and the famous Virginia Beach oceanfront! Ramp for kayaking! VA APPROVED... NOT FHA APPROVED!

Listing courtesy of Mark Spear · A Better Way Realty Inc. · REIN MLS #10642414

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

424 New London Place is a 3-bedroom, 2.1-bath home built in 2010 in Virginia Beach, offering 1,508 square feet of living space just four minutes from NAS Oceana — a genuinely hard-to-beat location for anyone tied to the flight line.

Read the full overview ↓

Why this home stands out

What sets 424 New London Place apart is the combination of a newer build — 2010 construction means modern framing, systems, and layout expectations — paired with an almost absurdly convenient position relative to NAS Oceana. Most homes this close to the base are older stock. Here you get the efficiency of a purpose-built floor plan, three bedrooms, and a half bath on the main level, all within a short drive of two major installations.

THE COVE AT GREAT NECK and the Virginia Beach real estate market

424 New London Place sits in Virginia Beach, the largest city by land area on the East Coast and home to one of the densest concentrations of military assets in the world. The immediate area around New London Place has a low-key, workaday character — residential streets lined with homes from the 2000s and 2010s, close enough to the Oceana corridor that jet noise is part of the soundtrack, yet quiet enough street-by-street that neighbors know each other. Virginia Beach stretches from the Chesapeake Bay to the Atlantic, and this address lands you squarely in the inland middle of that geography — no beach traffic, no resort-district crowds, just practical access to everything the city offers. The broader zip code, 23454, is a workhorse pocket of the city: grocery options within walking distance, parks nearby, and the kind of density that keeps daily errands genuinely short.

What's nearby

Daily life is easy here. Food Lion is 0.6 miles away for a full grocery run, and if you want international ingredients, both 中国小超市 and Tienda Mundo Latino are at the same distance — three grocery options inside a mile is a real convenience. De'Flavour LLC Caribbean Restaurant and Just One More Bar and Grill are both 0.1 miles away, which means dinner plans require almost no effort. Wawa is 0.2 miles out for coffee and a quick bite. When you want to move your body, Performance Pilates LLC, Studio 8 Hot Yoga, and Simply Balanced Physical Therapy & Pilates are all within half a mile. Eureka Park is a 0.1-mile walk, with Pinewood Gardens Park and Gatewood Park both reachable in under a mile.

For different buyers

For military families relocating

Four minutes to NAS Oceana is the headline, but the Dam Neck Annex is only 12 minutes away — so whether you're on the flight line or at the Annex, this address keeps the commute short. The 2010 build means you're not inheriting decades of deferred maintenance, and if you're using a VA loan, the newer construction typically sails through appraisal without the repair flags that older homes can trigger.

For first-time buyers

At 1,508 square feet across three bedrooms and two and a half baths, 424 New London Place is sized right for a first home — enough room to grow into without the overhead of a sprawling layout. Built in 2010, the systems are relatively young, which means fewer surprise repair bills in the early years of ownership. The walkable groceries, nearby parks, and quick highway access make daily life genuinely manageable from day one.

More buyer questions

How far is 424 New London Place from NAS Oceana?

NAS Oceana is approximately 4 minutes by car from 424 New London Place — one of the closest residential addresses to the base you'll find in Virginia Beach. That proximity makes it a natural fit for active-duty personnel assigned to the installation.

How far is 424 New London Place from Dam Neck Annex?

Dam Neck Annex is about 12 minutes away by car, making this address a practical option for personnel assigned there as well.

What is the flood risk at 424 New London Place?

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

Is there an HOA at 424 New London Place?

HOA status for this property should be confirmed through current disclosure documents; check the listing details or contact the listing agent for the most accurate information.

What grocery stores are near 424 New London Place?

There are three grocery options within 0.6 miles: Food Lion for everyday staples, 中国小超市 for Asian groceries, and Tienda Mundo Latino for Latin American products — a genuinely diverse set of options for such a short distance.

Want to know more about 424 New London Place or the Virginia Beach market near NAS Oceana? Tom and Dariya Milan at LPT Realty are ready to walk you through it.

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

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.

Facts & features

The record, sourced

Type

Residential

Year built

2010

Price / sqft

$215

Condo fee

$190/mo

Taxes

$2,400/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10642414

Condo association includes

Ground Maint

$190/mo condo fee · THE COVE AT GREAT NECK CONDO · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,508
Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR, Attic
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer

Construction & exterior

Style
Townhouse, Traditional
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced
Waterfront
Marsh,River

Utilities & systems

Heating
Heat Pump
Cooling
Heat Pump
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
THE COVE AT GREAT NECK
Unit / floor
1
Zoning
CONDO
Ownership
Condo
Garage
Yes
Parking
Garage Att 1 Car
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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 C

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

Military Aircraft Zone Information

Aircraft Noise

>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

Great Neck

Great Neck is a prestigious east-side neighborhood known for its larger lot sizes, established character, and proximity to the highly-regarded First Colonial High School corridor.

$365K

Median sale · 12 mo

$261

Sold $/sq ft

13d

Days on market

16

For sale now

$125K

HH income

70.2%

Owner-occupied

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

Explore Great Neck
Map of Great Neck 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

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

$1,976/mo

Principal & interest

$1,681

Property tax

$200

Home insurance

$95

PMI

None

HOA/Condo (paid separately)

$190

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

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

$243,000$408,000

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.

917 Boughton WAY · 2.6 mi · 1,544 sqft$370,000 sold 2026-06
3177 Ashaway RD · 2.9 mi · 1,492 sqft$340,000 sold 2026-06
2904 Augusta CIR · 2.5 mi · 1,647 sqft$408,000 sold 2026-05

Sale & Tax History

List Price

$324,000

Price / Sq Ft

$215

Annual Taxes

$2,400

Monthly Tax

$200

Condo fee

$190 / mo

Tax Rate (effective)

0.74%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 10, 2026$324,000
Price reducedAug 5, 2026$324,000−$5,000
Currently listed$324,000

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

27 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

Real questions, answered from the record

Is 424 New London Pl in a good school zone?+
The assigned zones on the listing record are King's Grant Elementary (VaHome School Score 6.7/10), 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 424 New London Pl 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 424 New London Pl a waterfront property?+
Yes. The listing record shows: Marsh,River.
Does 424 New London Pl 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 THE COVE AT GREAT NECK CONDO. Association amenities on record include: Ground Maint.
When was 424 New London Pl built?+
It was built in 2010, 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 Mark Spear · A Better Way Realty Inc. · REIN MLS #10642414

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.

424 New London Pl, Virginia Beach — photo

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

Call or text (757) 777-7577

424 New London Pl, Virginia Beach, Virginia 23454 · MLS #10642414 · 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.