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Virginia BeachCHESAPEAKE BEACH4401 Ocean View Ave✓ Source: REIN MLS #10642016 · record updated Jul 9, 2026 · synced every 2 min · your inquiry is never resold
4401 Ocean View AVE, VIRGINIABEACH VA 23455 - Main photo
4401 Ocean View AVE, VIRGINIABEACH VA 23455 - Photo 2
4401 Ocean View AVE, VIRGINIABEACH VA 23455 - Photo 3
4401 Ocean View AVE, VIRGINIABEACH VA 23455 - Photo 4
4401 Ocean View AVE, VIRGINIABEACH VA 23455 - Photo 5
$1,800,000
$509 / sqft · est. $10,485/mo →
3,536sqft
10days on market

4401 Ocean View Ave, Virginia Beach, VA 23455

ActiveMulti Family Residential · built 1976 · CHESAPEAKE BEACH

About this home

The listing, in the seller's words

Prime location & Investment Potential! Vacation rental is situated in the highly sought-after Chic's Beach community. The property next door is also available for purchase & operates as a licensed short-term rental (STR), giving you the opportunity to own 4 units in a row. This side-by-side duplex provides 4 spacious bedrooms, accommodating up to 12 guests comfortably. Both units recently updated including bathrooms & kitchens. Strong rental track record w/26 years of history proving plenty of repeat business. STR licensing & permits to convey to new owner. The licensed STR properties allow the permits to transfer with the sale of the property, making it easy for new owners to continue operating as STRs. Beach Access & Booking Status: Located 1 block to the beach & near CXB popular restaurants in this golf cart approved community. Enjoy endless sunrises & sunsets. Property is being sold fully furnished. Fully booked for Summer of 2026 and into September-offering immediate cash flow.

Listing courtesy of Angela Evans · Swell Realty Co · REIN MLS #10642016

VaHome team overview

Our read on this home

At a glance

4401 Ocean View Ave is a 3,536-square-foot multi-family property in Virginia Beach, built in 1976 and sitting just minutes from JEB Little Creek-Fort Story. It's a substantial income-producing or owner-occupant asset in a coastal city with deep military roots.

Read the full overview ↓

Why this home stands out

At over 3,500 square feet, this multi-family building offers genuine scale in a Virginia Beach market where that kind of square footage is hard to find outside of single-family homes. The 1976 construction puts it in a generation of solidly built properties, and the Ocean View Avenue address places it in a coastal corridor that draws consistent demand year after year — both from the broader community and from the large military population stationed nearby.

CHESAPEAKE BEACH and the Virginia Beach real estate market

Ocean View Avenue runs along the northern edge of Virginia Beach, tracing a path close to the Chesapeake Bay shoreline and connecting some of the city's most established residential pockets. This stretch has a lived-in, community-oriented character — wide lots, mature trees, and neighbors who tend to stay. It's not a new-construction corridor; it's a place with history and identity. Virginia Beach itself is the most populous city in the Commonwealth of Virginia, covering a remarkable range of environments from the Atlantic oceanfront to rural agricultural land in the west. The northern end of the city, where Ocean View Avenue sits, is distinctly different from the resort strip — quieter, more residential, and oriented toward the bay rather than the ocean. Proximity to the water shapes daily life here in subtle ways: breezes, access to waterfront parks, and a pace that feels slightly removed from the busier commercial corridors to the south. It's a part of Virginia Beach that rewards people who want substance over flash.

What's nearby

JEB Little Creek-Fort Story is roughly four minutes away, making this one of the most convenient addresses in Virginia Beach for anyone connected to that installation. NAS Oceana is about sixteen minutes southeast. For everyday needs, the Ocean View corridor has grocery options, pharmacies, and casual dining within a short drive. Pleasure House Point Natural Area is close by for outdoor access along the bay. Shore Drive connects the area to First Landing State Park to the east and to the broader Virginia Beach and Norfolk metro to the west, giving residents solid regional mobility without requiring highway-heavy commutes.

For different buyers

For military families relocating

Four minutes to JEB Little Creek-Fort Story is about as close as it gets in Virginia Beach without living on base. For a military family weighing a VA loan purchase, a multi-family property at this address could mean living in one unit while offsetting carrying costs with the other — a strategy that builds equity through a permanent-change-of-station cycle rather than losing ground to it.

For buyers drawn to character

If you're drawn to properties with actual history — built in 1976, over 3,500 square feet, on a named avenue with decades of neighborhood identity behind it — 4401 Ocean View Ave has the kind of bones that newer construction simply can't replicate. This is a property you can put your mark on, not one that arrived pre-finished and personality-free.

More buyer questions

How far is 4401 Ocean View Ave from JEB Little Creek-Fort Story?

The drive is approximately four minutes, making this one of the closest off-base addresses in Virginia Beach to that installation. For service members and civilian employees at Little Creek or Fort Story, the commute is essentially negligible.

How far is 4401 Ocean View Ave from NAS Oceana?

NAS Oceana is roughly sixteen minutes southeast via Shore Drive and the main Virginia Beach arterials. That's a manageable daily commute for Naval aviators and support personnel assigned to the air station.

What type of property is 4401 Ocean View Ave?

It's a multi-family residential building with 3,536 square feet of total space, constructed in 1976. Multi-family properties on Ocean View Avenue are relatively uncommon at this scale, which adds to the address's distinctiveness.

Is 4401 Ocean View Ave in a flood zone?

Flood zone status for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. Given the property's proximity to the Chesapeake Bay shoreline, reviewing that information carefully is recommended.

Are there parks or outdoor spaces near 4401 Ocean View Ave?

Pleasure House Point Natural Area is one of the closest options, offering bay-front access and trails. First Landing State Park is also reachable via Shore Drive to the east, providing a larger natural area with hiking and water access.

Tom and Dariya Milan at LPT Realty know this corridor well. Reach out to talk through what 4401 Ocean View Ave could mean for your next move in Virginia Beach.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Multi Family Residential

Year built

1976

Price / sqft

$509

HOA

None

Taxes

$7,438/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10642016

Interior

Approx. sqft
3,536

Construction & exterior

Style
Side by Side
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Fencing
Partial
Waterfront
Not Waterfront

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
CHESAPEAKE BEACH
Zoning
R5R
Ownership
Condo
Possession
SIMPLE
Disclosures
Disclosure Statement

See more Virginia Beach condos & townhomes.

Sources: REIN MLS record · city assessor · 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

Explore this neighborhood

Chic's Beach

Chic's Beach is a bay-front neighborhood known for its casual beach lifestyle, tight-knit community feel, and waterfront access.

$500K

Median sale · 12 mo

$299

Sold $/sq ft

18d

Days on market

30

For sale now

$88K

HH income

39.8%

Owner-occupied

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

Explore Chic's Beach
Map of Chic's Beach with neighborhood boundaryNeighborhood

Virginia Beach homes 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

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

$10,485/mo

Principal & interest

$9,340

Property tax

$620

Home insurance

$525

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.

Value & history

Why the land carries the value

Asking vs. assessment

235% of $766,800

City assessment record · taxes $7,438/yr

Land share of assessed value

60% — $462,000

Improvements $304,800 · assessor record ✓

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

$765,000$1,260,000

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.

1704 Stone Church MEWS · 1.2 mi · 3,331 sqft$1,210,000 sold 2026-07
3936 Meeting House RD · 1.5 mi · 3,400 sqft$1,224,000 sold 2026-05
4533 Church Point PL · 1.2 mi · 3,910 sqft$1,260,000 sold 2026-06

Sale & Tax History

List Price

$1,800,000

Price / Sq Ft

$509

Annual Taxes

$7,438

Monthly Tax

$620

HOA

None

Tax Rate (effective)

0.41%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 29, 2026$1,800,000
Price reducedJul 9, 2026$1,800,000−$5,000
Currently listed$1,800,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

135% above assessment

Total Assessed

$766,800

Land

$462,000

Improvement

$304,800

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

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

Real questions, answered from the record

Is 4401 Ocean View Ave in a good school zone?+
The assigned zones on the listing record are Hermitage Elementary (GreatSchools 8/10), Great Neck Middle (GreatSchools 8/10), Frank W. Cox (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 4401 Ocean View 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 4401 Ocean View Ave?+
Yes — Sculpt Sweat is about 0.9 miles away, per the cached nearby-places record for this address.
Are there parks near 4401 Ocean View Ave?+
Aeries on the Bay Park is about 0.4 miles away.
Where is the nearest grocery store to 4401 Ocean View Ave?+
TASTE is about 0.6 miles away. The closest dining on record is Green Parrot Grille (0.3 mi).
Does 4401 Ocean View Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 4401 Ocean View Ave built?+
It was built in 1976, 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 Angela Evans · Swell Realty Co · REIN MLS #10642016

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.

4401 Ocean View Ave, Virginia Beach — photo

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

Call or text (757) 777-7577

4401 Ocean View Ave, Virginia Beach, Virginia 23455 · MLS #10642016 · 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.