2 days on market
$499,900
4305 Derby Wharf Dr
Virginia Beach, Virginia 23456
MLS# 10635346 · SALEM WOODS · Virginia Beach VA
Updated May 29, 2026 · Source: REIN MLS
Est. payment
$3,067/mo
Edit below
Price / sq ft
$245
2,042 sq ft
Days on market
2
New listing
HOA
None
Year built
1982
44 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,042
Garage
Yes
Schools
- ElementaryRosemont Forest Elementary School7/10
- MiddleSalem Middle School7/10
- 8/10
Info provided by GreatSchools
About this home
Welcome home to this beautiful 4 bed/2.5 bath house in the heart of Virginia Beach. The living areas are filled with natural light, with a seamless flow... an inviting layout ideal for both everyday living and entertaining. Dining room and eat-in area, large deck and backyard to enjoy sunny days for kids and FROG that could be playroom, bedroom or office. Storage shed in addition to 2 car garage. Beautifully updated…
Listed by Jennifer Mele · BHHS RW Towne Realty
VaHome Team property overview
4305 Derby Wharf Drive is a four-bedroom, two-and-a-half-bath home in Virginia Beach built in 1982, offering 2,042 square feet of living space just minutes from NAS Oceana, a dog park around the corner, and everyday essentials within half a mile.
Read full property overview ↓Show less ↑
Why this home stands out
What sets Derby Wharf Drive apart is the combination of size, location, and immediate livability. With four bedrooms and over 2,000 square feet, there's genuine room to spread out — and the surrounding area does a lot of the heavy lifting. Salem Woods Dog Park is a three-minute walk away, NAS Oceana is eleven minutes by car, and a Walmart Supercenter sits less than half a mile from your front door.
SALEM WOODS and the Virginia Beach real estate market
Derby Wharf Drive sits in the Salem area of Virginia Beach — a well-established, low-key residential corridor in the southwestern part of the city. The streets here are lined with mature trees and single-family homes from the late 1970s and early 1980s, giving the area a settled, comfortable character that newer developments rarely replicate. Salem Woods Park and its adjacent dog park anchor the neighborhood's outdoor life, and the broader greenspace network makes it easy to step outside without getting in a car. If you've been searching for a house in Virginia Beach that balances suburban calm with genuine day-to-day convenience, this part of the city checks that box. Virginia Beach's Princess Anne corridor puts you close to both the oceanfront energy and the quieter inland lifestyle — you can have both depending on the day. The zip code is 23456, and the property falls under Virginia Beach city jurisdiction, which means city services and no separate county layer.
What's nearby
Daily errands are genuinely easy from Derby Wharf Drive. Walmart Supercenter is 0.4 miles away for full grocery runs, and Nick's Oriental Express Grocery and Filipino Bakery are both within 0.6 miles for specialty ingredients. For food on a weeknight, US Best Pizza & Wings, Venice NY Pizza, and Subway are all within a short walk. Gong Cha, 7-Eleven, and Panera Bread cover your coffee and quick-bite needs at 0.4 to 0.5 miles out. HOTWORX Virginia Beach is right at 0.4 miles for a quick workout, and Harmony Health Yoga is under a mile away. Salem Woods Park is just 0.2 miles from the front door.
For different buyers
For military families relocating
NAS Oceana is eleven minutes away, and USCG Finance Center Chesapeake is twelve — making 4305 Derby Wharf Drive a practical fit for service members at either installation. Four bedrooms give a growing family real breathing room, and the VA loan program can make this kind of square footage more accessible than many buyers expect. BAH rates in Virginia Beach have historically supported this price range well.
For families upgrading
Four bedrooms and 2,042 square feet give you the space that smaller homes simply can't deliver — a dedicated room for each kid, a proper home office, or a guest room that actually functions as one. Add Salem Woods Dog Park three minutes away and a Walmart less than half a mile out, and the daily logistics of family life get noticeably easier. This is the kind of home you grow into.
Frequently asked questions
How far is 4305 Derby Wharf Drive from NAS Oceana?
NAS Oceana is approximately 11 minutes by car from 4305 Derby Wharf Drive, making it one of the more convenient off-base options for personnel stationed there.
How far is 4305 Derby Wharf Drive from USCG Finance Center Chesapeake?
The USCG Finance Center in Chesapeake is roughly 12 minutes from Derby Wharf Drive, a manageable daily commute for Coast Guard personnel assigned to that installation.
What parks are near 4305 Derby Wharf Drive?
Salem Woods Park is just 0.2 miles away, Salem Woods Dog Park is 0.3 miles, and Bellamy Woods Park is 0.5 miles — all within easy walking distance for outdoor time with kids or pets.
Is 4305 Derby Wharf Drive in a flood zone?
Flood zone status for this address is detailed in the FloodRisk tile on this page — check that section for the current FEMA designation and what it means for insurance requirements.
Does 4305 Derby Wharf Drive have an HOA?
HOA status for this property should be verified during the due-diligence period; your agent can pull the current community documents to confirm whether an association governs the street.
Want to see 4305 Derby Wharf Drive in person? Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well — reach out and they'll get you scheduled.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,042
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$499,900
Price / Sq Ft
$245
Annual Taxes
$3,922
Monthly Tax
$327
HOA
None
Tax Rate (effective)
0.78%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 27, 2026 | $499,900 | — |
| Currently listed | — | $499,900 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 21, 2026.
Total Assessed
$404,300
Land
$165,000
Improvement
$239,300
Parcel ID: 14756784610000
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:
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.
About buying in Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$3,067/moPrincipal & interest
$2,594
Property tax
$327
Home insurance
$146
PMI
None
HOA
None
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.
Listed by BHHS RW Towne Realty · MLS# 10635346
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$499,900
4305 Derby Wharf DR, VIRGINIABEACH VA 23456
Virginia Beach, Virginia 23456
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