47 days on market
$270,000
5274 Settlers Park Dr
Virginia Beach, Virginia 23464
MLS# 10626645 · INDIAN LAKES · Virginia Beach VA
Updated May 13, 2026 · Source: REIN MLS
Est. payment
$1,688/mo
Edit below
Price / sq ft
$247
1,094 sq ft
Days on market
47
HOA
None
Year built
1984
42 yrs old
Beds
2
Full Baths
1
Half Baths
1
Sq Ft
1,094
Garage
No
Schools
- ElementaryProvidence Elementary School5/10
- MiddleSalem Middle School7/10
- 8/10
Info provided by GreatSchools
About this home
Water views and walking trails right from your backyard — this refreshed Indian Lakes townhome delivers. Updated in 2022 with new flooring, granite countertops, stainless appliances, and new vanities. The open main level features a brick, wood-burning fireplace and flows easily from kitchen to dining to living. Upstairs: two generous bedrooms with newer carpet, great natural light, and a shared dual-entry bath. The f…
Listed by Jeremy Caleb Johnson · Long & Foster Real Estate Inc.
VaHome Team property overview
Meet 5274 Settlers Park Drive — a 2-bedroom, 1.1-bath home in Virginia Beach's Indian Lakes neighborhood. Built in 1984 and spanning 1,094 square feet, this property puts groceries, parks, and dining within a short walk, with two Coast Guard and Navy installations reachable in under 15 minutes.
Read full property overview ↓Show less ↑
Why this home stands out
What sets this address apart is the sheer density of convenience packed around it. Two separate grocery stores sit within half a mile, a Wawa and Starbucks are both under 0.4 miles away, and Brigadoon Pines Park is just a four-minute walk. For a home under 1,100 square feet, the lifestyle radius here punches well above its size — errands, green space, and a quick bite are all genuinely walkable.
INDIAN LAKES and the Virginia Beach real estate market
Indian Lakes is one of Virginia Beach's established interior neighborhoods — the kind of community that quietly goes about its business while newer developments get all the attention. Streets here are tree-lined and residential in feel, with a mix of single-family homes and attached properties that give the area a grounded, lived-in character. The neighborhood sits in the southwestern corridor of Virginia Beach, which means you're well clear of the oceanfront crowds but still firmly inside the city's services network. Homebuyers who browse realtor com virginia beach listings often overlook this pocket in favor of the coast, which tends to keep the area approachable and community-oriented. Virginia Beach as a whole offers strong infrastructure — city parks, a robust road network, and proximity to both military installations and civilian employment hubs in Chesapeake and Norfolk. Indian Lakes benefits from all of that without the premium that beachside zip codes carry. It's the kind of neighborhood where neighbors recognize each other, and the pace feels deliberate rather than hectic.
What's nearby
Daily life at 5274 Settlers Park Drive is genuinely low-friction. A Food Lion is 0.3 miles away, and a Harris Teeter is just 0.4 miles — so grocery runs rarely require getting on a highway. When you want to eat out, Mel's Place, New Number 1, and America's Best Wings are all within 0.4 miles. Coffee is equally covered: Wawa and Starbucks are both under half a mile. For outdoor time, Brigadoon Pines Park is a short walk at 0.4 miles, with Rosemont Forest Park and Brigadoon Park both reachable within 0.7 miles. This is a walkable daily routine.
For different buyers
For military families relocating
USCG Finance Center Chesapeake is about 9 minutes away, and NAS Oceana is roughly 15 minutes — making 5274 Settlers Park Drive a practical choice for active-duty households. BAH rates in Virginia Beach are competitive, and a VA loan can make a smaller footprint like this one an especially efficient use of your housing benefit. Two bases within easy reach means flexibility if your assignment changes.
For first-time buyers
If you're stepping into homeownership for the first time, a 1,094-square-foot home in Indian Lakes is a manageable, confidence-building entry point. The layout is straightforward, the neighborhood is established, and the surrounding walkability means you're not dependent on a second car for everyday needs. It's a practical first step into the Virginia Beach market without overextending.
Frequently asked questions
How far is 5274 Settlers Park Drive from USCG Finance Center Chesapeake?
The USCG Finance Center Chesapeake is approximately 9 minutes by car from this address. It's one of the closest major installations to the Indian Lakes neighborhood.
How far is 5274 Settlers Park Drive from NAS Oceana?
NAS Oceana is roughly 15 minutes away, making it a realistic daily commute for personnel stationed there.
What grocery stores are near 5274 Settlers Park Drive?
There are two grocery options within half a mile — a Food Lion at 0.3 miles and a Harris Teeter at 0.4 miles. A second Food Lion location is also accessible at 0.7 miles.
Is 5274 Settlers Park Drive in a flood zone?
Flood zone designation for this property is displayed in the FloodRisk tile on this page. Virginia Beach has varied flood risk across its neighborhoods, so it's worth reviewing that detail directly.
Are there parks near 5274 Settlers Park Drive?
Yes — Brigadoon Pines Park is just 0.4 miles away, and both Rosemont Forest Park and Brigadoon Park are within 0.7 miles, giving you several green-space options close to home.
Want to know more about 5274 Settlers Park Drive or the Indian Lakes neighborhood? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out today.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
5274 Settlers Park DR, 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
2
Full Baths
1
Half Baths
1
Approx Sq Ft
1,094
Stories
2
Fireplaces
0
Flooring
Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Gas Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$270,000
Price / Sq Ft
$247
Annual Taxes
$2,500
Monthly Tax
$208
HOA
None
Tax Rate (effective)
0.93%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 27, 2026 | $270,000 | — |
| Currently listed | — | $270,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$245,700
Land
$80,000
Improvement
$165,700
Parcel ID: 14657526110000 · 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
$1,688/moPrincipal & interest
$1,401
Property tax
$208
Home insurance
$79
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 Long & Foster Real Estate Inc. · MLS# 10626645
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$270,000
5274 Settlers Park DR, VIRGINIABEACH VA 23464
Virginia Beach, Virginia 23464
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