15 days on market
$400,000
4800 Colonial Ln
Portsmouth, Virginia 23703
MLS# 10637653 · CAVALIER FOREST · Portsmouth VA
Updated 2 days ago · Source: REIN MLS
Est. payment
$2,552/mo
Edit below
Price / sq ft
$173
2,313 sq ft
Days on market
15
HOA
None
Year built
1961
65 yrs old
Beds
4
Full Baths
3
Half Baths
0
Sq Ft
2,313
Garage
No
Schools
- ElementaryChurchland Elementary School6/10
- MiddleChurchland Middle School5/10
- 5/10
Info provided by GreatSchools
About this home
Completely renovated from top to bottom in the highly sought after Cavalier Forest neighborhood! This stunning home offers peace of mind with a new roof, new windows, and all major systems updated. Thoughtfully redesigned with beautiful finishes and a functional floor plan, every detail has been carefully selected to blend style and practicality. The spacious living areas flow seamlessly into a gorgeous kitchen and u…
Listed by Christina Thompson · Fathom Realty
VaHome Team property overview
4800 Colonial Lane is a four-bedroom, three-bath home in Portsmouth, Virginia, offering 2,313 square feet of living space on a property built in 1961. With two military installations within eight minutes, everyday conveniences close by, and a well-established neighborhood feel, this address checks a lot of boxes.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 4800 Colonial Lane apart is the combination of genuine square footage — 2,313 feet across four bedrooms and three full baths — and a location that quietly delivers on proximity. Two major military installations sit within eight minutes, a neighborhood YMCA is under a mile away, and the surrounding streets carry the kind of mature, settled character that newer subdivisions simply can't replicate. This is a home that earns its place in the conversation.
CAVALIER FOREST and the Portsmouth real estate market
Colonial Lane sits in a well-established residential pocket of Portsmouth, Virginia — a city with deep maritime roots, a revitalized waterfront downtown, and a surprisingly diverse mix of neighborhoods ranging from historic Olde Towne to quiet suburban corridors like this one. The streets here are lined with mid-century homes that have aged gracefully, and the overall atmosphere is low-traffic and genuinely neighborly. Portsmouth itself occupies a unique position in Hampton Roads: it borders Norfolk across the Elizabeth River, connects easily to Chesapeake and Suffolk, and gives residents fast access to the broader metro without the congestion of living at its center. The city's park system, public boat ramps, and waterfront dining scene add lifestyle depth that surprises first-time visitors. For anyone weighing where to put down roots in the region, Portsmouth rewards a closer look — and Colonial Lane is one of its more quietly appealing addresses.
What's nearby
Daily errands are genuinely easy from 4800 Colonial Lane. Food Lion is just one mile away for grocery runs, and Harvey's Hot Dogs — a local favorite — is at that same distance when you want a quick, no-fuss meal. The Portsmouth YMCA is only 0.8 miles out, making it realistic to build a fitness routine without a long commute. Families with kids will appreciate the Churchland Little League Baseball Fields at 0.7 miles — close enough to walk or bike on a good evening. The overall walkability of the immediate area means you're not entirely car-dependent for the small, everyday things.
For different buyers
For military families relocating
Naval Medical Center Portsmouth is eight minutes away, and NSA Northwest Annex is even closer at seven. For military families, that kind of proximity to two installations is genuinely rare — and it makes managing duty schedules, medical appointments, and base access far less stressful. A VA loan can make ownership at this address straightforward, and four bedrooms give you the flexibility to grow into the space as your family's needs shift.
For families upgrading
If you've outgrown your current space, 2,313 square feet across four bedrooms and three full baths gives you real room to breathe. The 1961 build means solid construction and mature lot character, while the proximity to Churchland Little League Baseball Fields and the Portsmouth YMCA means the kids have somewhere to be on weekends. Upgrading here means gaining space without sacrificing the neighborhood feel that makes a house actually feel like home.
Frequently asked questions
How far is 4800 Colonial Lane from NSA Northwest Annex?
NSA Northwest Annex is approximately seven minutes from 4800 Colonial Lane by car, making it one of the closer residential options to that installation in the Portsmouth area.
How far is 4800 Colonial Lane from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is about eight minutes away by car — a meaningful advantage for active-duty personnel and their families who rely on that facility for medical care.
What is the square footage and layout of 4800 Colonial Lane?
The home offers 2,313 square feet of living space with four bedrooms and three full bathrooms, built in 1961 as a single-family residential property.
Is 4800 Colonial Lane 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 specific parcel.
Where is 4800 Colonial Lane located within Portsmouth?
The home sits on Colonial Lane in a quiet, mid-century residential corridor of Portsmouth, Virginia 23703 — well-positioned between the city's core and its western neighborhoods near the Chesapeake border.
Tom and Dariya Milan at LPT Realty know Portsmouth inside and out. Reach out to get a straightforward conversation about 4800 Colonial Lane and whether it fits where you're headed.
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
3
Half Baths
0
Approx Sq Ft
2,313
Stories
1
Fireplaces
0
Flooring
Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$400,000
Price / Sq Ft
$173
Annual Taxes
$4,318
Monthly Tax
$360
HOA
None
Tax Rate (effective)
1.08%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 2, 2026 | $400,000 | — |
| Currently listed | — | $400,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched Jun 17, 2026.
Total Assessed
$348,260
Land
$100,800
Improvement
$247,460
Parcel ID: 07320390
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 Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
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
$2,552/moPrincipal & interest
$2,076
Property tax
$360
Home insurance
$117
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 Fathom Realty · MLS# 10637653
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$400,000
4800 Colonial LN, PORTSMOUTH VA 23703
Portsmouth, Virginia 23703
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