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Virginia Beach › OCEAN WAY CONDOMINIUM › 500 Winston Salem Ave #103✓ Source: REIN MLS #10644672 · record updated Jul 27, 2026 · synced every 2 min · your inquiry is never resold
500 Winston Salem AVE #103, VIRGINIA BEACH VA 23451 - Main photo
500 Winston Salem AVE #103, VIRGINIA BEACH VA 23451 - Photo 2
500 Winston Salem AVE #103, VIRGINIA BEACH VA 23451 - Photo 3
500 Winston Salem AVE #103, VIRGINIA BEACH VA 23451 - Photo 4
500 Winston Salem AVE #103, VIRGINIA BEACH VA 23451 - Photo 5
$525,000
$350 / sqft · est. $4,277/mo →
2beds
2baths
1,498sqft
18days on market

500 Winston Salem Ave #103, Virginia Beach, VA 23451

ActiveResidential · built 1985 · OCEAN WAY CONDOMINIUM

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bulkhead, Deep Water, Deep Water Access, Navigable, Tidal.

Frontage

Tidal ✓ VERIFIED

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Wake up to views of Rudee Inlet and enjoy a Virginia Beach lifestyle centered around the water! This first floor Ocean Way residence offers an open floor plan designed for entertaining and maximizing marina views, plus a private balcony for morning coffee or relaxing at the end of the day. Have a boat? The neighboring marina keeps life on the water near home and easily accessible. Spend afternoons by the pool, work out without leaving home, walk to nearby restaurants, or head to the beach and Oceanfront, with all of these amenities and experiences right outside your front door. Garage parking, private storage, water, sewer, basic cable, and master insurance are among the community offerings. The living room is accented by a decorative fireplace, adding a distinctive architectural feature to the space. Less time managing the extras and more time enjoying where you live. This is more than a condo. This is life at Rudee Inlet!

Listing courtesy of Ken Longo · Howard Hanna Real Estate Svcs. · REIN MLS #10644672

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

A 1,498-square-foot, two-bedroom, two-bath condo at 500 Winston Salem Ave #103 in Virginia Beach puts you about a half-mile from the Atlantic Ocean, with Dam Neck Annex six minutes away and a walkable strip of waterfront dining practically at your doorstep.

Read the full overview ↓

Why this home stands out

What sets this 1985-built unit apart is the combination of genuine square footage — 1,498 square feet is unusually generous for a two-bedroom condo in this zip code — and a location that lets you walk to multiple waterfront restaurants in under five minutes. You're in the southern end of the Virginia Beach Oceanfront corridor, close enough to feel the energy of the coast without being in the thick of the resort strip.

OCEAN WAY CONDOMINIUM and the Virginia Beach real estate market

Winston Salem Avenue sits in the southern reaches of the Virginia Beach Oceanfront area, a stretch of the city where the resort atmosphere softens into something a little more residential and year-round. The streets here are lined with low-rise condos, small businesses, and the kind of laid-back coastal energy that attracts people who want proximity to the water without the noise of the main boardwalk. Rudee Inlet is just around the corner, and the inlet's marina and fishing charter scene give the neighborhood its own distinct identity separate from the broader resort strip. Virginia Beach as a city is one of the most populous in the state, yet this particular pocket manages to feel approachable and human-scaled. The 23451 zip code is one of the most sought-after in Hampton Roads precisely because it delivers on the promise of beach-city living — walkable, active, and genuinely close to the water — in a way that few addresses in the region can match.

What's nearby

Daily errands and leisure are easy to handle on foot or a short drive. Prise's Food Mart covers quick grocery runs at 0.7 miles, and Tienda Latina La Tapatia 2 is a mile out for specialty items. For coffee, Zeke's is half a mile away, with Virginia Beach Coffee Co another option at 0.7 miles. Fitness is well covered by TakeOver Athletics Shadowlawn (0.5 mi), CoreStrength Center (0.6 mi), and ReStormi Pilates at one mile. Marshview Park and Grommet Island Park are both under a mile for outdoor time, and Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.2 miles for waterfront dining.

For different buyers

For military families relocating

Dam Neck Annex is a six-minute drive and NAS Oceana is seven minutes out, making 500 Winston Salem Ave #103 one of the more commute-friendly addresses in Virginia Beach for active-duty households. A VA loan can be a straightforward path to ownership here, and the condo's size — nearly 1,500 square feet — gives a military family genuine room to spread out.

For buyers drawn to character

If you're drawn to a home that trades a generic suburban setting for something with real coastal personality, this address delivers. The southern Oceanfront corridor has an authenticity that newer inland developments simply can't replicate — working marinas, independent restaurants steps away, and the Atlantic as a permanent backdrop to daily life.

More buyer questions

How far is 500 Winston Salem Ave #103 from Dam Neck Annex?

Dam Neck Annex is approximately six minutes by car from this address, making it one of the shortest base commutes available in the Virginia Beach Oceanfront area.

How far is 500 Winston Salem Ave #103 from NAS Oceana?

NAS Oceana is about seven minutes away by car, giving this condo exceptional access to two major installations from a single address.

What is the flood zone status for 500 Winston Salem Ave #103?

Given its proximity to Rudee Inlet and the Atlantic coast, flood zone designation is an important consideration for this property — check the FloodRisk tile on this page for the current FEMA designation and what it means for insurance.

Is there an HOA at 500 Winston Salem Ave #103?

Yes, this condo is part of a homeowners association; the HOA tile on this page has details on what the association covers and governs.

Where is the nearest beach access to 500 Winston Salem Ave #103?

The Atlantic Ocean is roughly half a mile east, and Rudee Inlet beach access points are even closer — you can realistically walk to the water in under ten minutes from this address.

Want to know more about 500 Winston Salem Ave #103 or explore comparable condos in the Virginia Beach Oceanfront area? Tom and Dariya Milan at LPT Realty are ready to help you take the next step.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1985

Price / sqft

$350

Condo fee

$988/mo

Taxes

$4,939/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10644672

Condo association includes

ElevatorExercise RmGround MaintPoolSewerTrash PickupWater

$988/mo condo fee · Ocean Way Condominium Owners Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,498
Stories
1
Flooring
Ceramic, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
5
Other rooms
1st Floor BR, 1st Floor Primary BR, Balcony, PBR with Bath, Utility Room
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Equipment
Cable Hookup, Ceiling Fan
Accessibility
Elevator

Construction & exterior

Style
Contemp, Mid Rise, Transitional
Subtype
Attached
Foundation
Pile
Roof
Poly Skin
Exterior
EIFS
Pool
No Pool
Waterfront
Bulkhead,Deep Water,Deep Water Access,Navigable,Tidal
Deep-water access
Yes

Utilities & systems

Heating
Heat Pump
Cooling
Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
OCEAN WAY CONDOMINIUM
Unit / floor
1
Zoning
RT3
Ownership
Condo
Garage
Yes
Parking
Parking Gar, 1 Space, Driveway Spc
Possession
SETTLE
Miscellaneous
Pet Restrictions
Disclosures
Disclosure Statement, Resale Certif Req

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

Source: Virginia Dept. of Emergency Management — Know Your Zone

Military Aircraft Zone Information

Aircraft Noise

70-75 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhood

Rudee Heights

Rudee Heights is a compact waterfront neighborhood at the south end of the Virginia Beach Oceanfront, set on the peninsula between Lake Rudee and Lake Wesley near Rudee Inlet.

1

For sale now

$176K

HH income

81.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Rudee Heights →
Map of Rudee Heights with neighborhood boundaryNeighborhood

Virginia Beach real estate →

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

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$3,289/mo

Principal & interest

$2,724

Property tax

$412

Home insurance

$153

PMI

None

HOA/Condo (paid separately)

$988

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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

Judge value on real ground

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

$525,000 – $700,000

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.

500 Winston Salem AVE #203 · 0 mi · 1,498 sqft$575,000 sold 2026-05
316 Winston Salem AVE #501 · 0 mi · 1,500 sqft$580,000 sold 2026-07
408 High Point AVE · 0.1 mi · 1,433 sqft$525,000 sold 2026-04

Sale & Tax History

List Price

$525,000

Price / Sq Ft

$350

Annual Taxes

$4,939

Monthly Tax

$412

Condo fee

$988 / mo

Tax Rate (effective)

0.94%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 17, 2026$525,000—
Currently listed—$525,000—

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

18 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 500 Winston Salem Ave #103 in a good school zone?+
The assigned zones on the listing record are W.T. Cooke Elementary (GreatSchools 7/10), Virginia Beach Middle (GreatSchools 7/10), First Colonial (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is there a gym near 500 Winston Salem Ave #103?+
Yes — CoreStrength Center is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 500 Winston Salem Ave #103?+
Grommet Island Park is about 0.4 miles away.
Where is the nearest grocery store to 500 Winston Salem Ave #103?+
Prise's Food Mart is about 0.4 miles away. The closest dining on record is Docktails VB (0 mi).
Is 500 Winston Salem Ave #103 a waterfront property?+
Yes. The listing record shows: Bulkhead,Deep Water,Deep Water Access,Navigable,Tidal.
Does 500 Winston Salem Ave #103 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Ocean Way Condominium Owners Association. Association amenities on record include: Elevator, Exercise Rm, Ground Maint, Pool, Sewer, Trash Pickup, Water.
When was 500 Winston Salem Ave #103 built?+
It was built in 1985, 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 Ken Longo · Howard Hanna Real Estate Svcs. · REIN MLS #10644672

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.

500 Winston Salem Ave #103, Virginia Beach — photo

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

Call or text (757) 777-7577

500 Winston Salem Ave #103, Virginia Beach, Virginia 23451 · MLS #10644672 · 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.

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