451 days on market
$1,350,000
996 Lynnhaven Parkway
Virginia Beach, Virginia 23452
MLS# 10569928 · MAGIC HOLLOW · Virginia Beach VA
Updated Oct 1, 2025 · Source: REIN MLS
Est. payment
$7,399/mo
Edit below
Price / sq ft
$685
1,971 sq ft
Days on market
451
HOA
None
Year built
1940
86 yrs old
Beds
4
Full Baths
2
Half Baths
0
Sq Ft
1,971
Garage
Yes
About this home
Existing structure as is where is. Value is in the land. One of the last remaining parcels left in the Lynnhaven River Corridor. Lot is just over 1.2 Acres. City has indicated rezoning as an option. There is a 16ft utility easement across road frontage. All city utilities available. Rare property with great re-development potential.
Listed by Johnathan King · BHHS RW Towne Realty
VaHome Team property overview
996 Lynnhaven Parkway sits on 1.28 acres in Virginia Beach's Magic Hollow neighborhood — a rare find with four bedrooms, two baths, and 1,971 square feet of living space in a home that dates back to 1940 and carries real character.
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Why this home stands out
Over an acre of land inside Virginia Beach city limits is genuinely hard to come by, and 996 Lynnhaven Parkway delivers exactly that. The 1940 build gives the home a solidity and charm that newer construction rarely matches, while the lot size opens up possibilities — room to spread out, garden, entertain, or simply breathe — that most neighborhood properties in this price corridor can't offer.
MAGIC HOLLOW and the Virginia Beach real estate market
Magic Hollow is one of those Virginia Beach neighborhoods that locals know and out-of-towners discover and immediately want in on. The area has a grounded, established feel — mature trees, generous lot sizes, and a mix of longtime residents and newer families who value space over flash. It sits in the western reaches of Virginia Beach, well away from the oceanfront crowds but still fully connected to everything the city offers. When people searching for houses for sale in Virginia Beach stumble onto Magic Hollow, they're often surprised by how much land and how much quiet they can find this close to major corridors. Lynnhaven Parkway itself is a well-traveled artery that keeps you linked to shopping, dining, and the interstate without making you feel like you live on a busy road. Virginia Beach is a sprawling, diverse city, and Magic Hollow represents one of its more relaxed, residential corners — the kind of place where a 1.28-acre lot feels perfectly at home.
What's nearby
Daily life is easy from 996 Lynnhaven Parkway. Foodies The Local's Market is just 0.2 miles away — a neighborhood favorite for fresh, local picks — and Tienda y Tortilleria Natasha is right alongside it for authentic eats. Ichiban Japanese Food Store and Kielbasa European Food, both within 0.4 miles, add some genuinely interesting grocery variety to the mix. Blackstone Neighborhood Park is a quick 0.2-mile walk when you need fresh air, and Scarborough Square Park and Lamplight Manor Park are both within half a mile. Virginia Beach Yoga and Wellness and Virginia Beach Athletics, each 0.2 miles out, cover your fitness options without a long drive.
For different buyers
For military families relocating
NAS Oceana is roughly five minutes from your front door, and Dam Neck Annex is about twelve — two of the most important installations in Hampton Roads, both within easy commuting range. For a service member using a VA loan, a four-bedroom home on 1.28 acres this close to base is a combination that doesn't come up often. BAH for the Virginia Beach area makes a property like this well worth a serious look.
For buyers drawn to character
If you've been scrolling past subdivision homes that all look the same, 996 Lynnhaven Parkway is a different conversation. Built in 1940, it carries the kind of bones and proportion that newer builds simply don't replicate. Add more than an acre of land in an established Virginia Beach neighborhood, and you have a property with genuine personality — the sort of place that rewards people who appreciate history, space, and a home that tells a story.
Frequently asked questions
How far is 996 Lynnhaven Parkway from NAS Oceana?
NAS Oceana is approximately five minutes from 996 Lynnhaven Parkway, making it one of the closest residential options to the base in Virginia Beach. Dam Neck Annex is about twelve minutes away.
What is the lot size at 996 Lynnhaven Parkway?
The lot measures 1.283 acres, which is substantially larger than most residential parcels in the Virginia Beach area and one of the defining features of this property.
How old is the house at 996 Lynnhaven Parkway?
The home was built in 1940, giving it over eight decades of history and the kind of structural character associated with mid-century residential construction in Hampton Roads.
Is 996 Lynnhaven Parkway in a flood zone?
Flood zone information for this address is available through the FloodRisk tile on this page, which pulls current FEMA map data for the parcel.
What neighborhood is 996 Lynnhaven Parkway in?
The property is located in Magic Hollow, an established residential neighborhood in Virginia Beach known for its larger lots, mature landscaping, and proximity to Lynnhaven Parkway.
Curious about 996 Lynnhaven Parkway? Tom and Dariya Milan at LPT Realty know Magic Hollow well — reach out and let's talk through what this property could mean for you.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
996 Lynnhaven Parkway, Virginia Beach
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
4
Full Baths
2
Half Baths
0
Approx Sq Ft
1,971
Stories
1
Fireplaces
0
Flooring
Ceramic, Vinyl
Heating
Forced Hot Air,Oil
Cooling
Central Air
Laundry
Interior Features
Fireplace Wood
Appliances
Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$1,350,000
Price / Sq Ft
$685
Annual Taxes
N/A
Monthly Tax
N/A
HOA
None
Tax Rate (effective)
N/A
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Feb 12, 2025 | $1,350,000 | — |
| Currently listed | — | $1,350,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$344,200
Land
$160,000
Improvement
$184,200
Parcel ID: 14962233630000 · View on city GIS portal
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
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
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
$7,399/moPrincipal & interest
$7,005
Property tax
$0
Home insurance
$394
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# 10569928
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,350,000
996 Lynnhaven Parkway, Virginia Beach VA 23452
Virginia Beach, Virginia 23452
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