✓ Source: REIN MLS #10653358 · record updated Oct 17, 2026 · synced every 2 min · your inquiry is never resold

5005 Paine LN, VIRGINIA BEACH VA 23455 - Main photo

$295,000

3beds

1baths

1,118sqft

11days on market

5005 Paine Ln, Virginia Beach, VA 23455

SoldResidential · built 1960 · ARAGONA VILLAGE

About this home

Welcome Home to this all brick rancher in the heart of Virginia Beach's Aragona Village neighborhood! Located in close proximity to Town Center, bases, shopping and plenty more. This home boast newer LVP flooring and paint less than 3 years old, HVAC was replaced 2 years ago! The back yard offers plenty of space and privacy. Seller has relocated and is looking for a quick sell which is reflected in the below market price. This one wont last long so come see it today!

Listing courtesy of Walter Whiteside · Light Box Realty · REIN MLS #10653358

Facts & features

Type

Residential

Year built

1960

Price / sqft

$264

HOA

None

Taxes

$2,402/yr

County

Virginia Beach VA

MLS #

10653358

Interior

Bedrooms: 3
Full baths: 1
Approx. sqft: 1,118
Stories: 1
Flooring: Carpet, Laminate/LVP
First-floor bed & full bath: Yes
Total rooms: 5
Other rooms: 1st Floor BR, 1st Floor Primary BR, Attic
Appliances: Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment: Ceiling Fan

Construction & exterior

Style: Ranch, Traditional
Subtype: Detached
Foundation: Slab
Roof: Asphalt Shingle
Exterior: Brick
Pool: No Pool
Fencing: Back Fenced,Privacy,Wood Fence

Utilities & systems

Heating: Forced Hot Air, Heat Pump, Nat Gas
Cooling: Heat Pump
Water heater: Gas
Water: City/County
Sewer: City/County

Lot, parking & ownership

Lot size: 0.1700
Subdivision: ARAGONA VILLAGE
Zoning: R75
Ownership: Fee Simple
Garage: Yes
Parking: Garage Att 1 Car, Driveway Spc, Street
Possession: CLOSING
Disclosures: Disclosure Statement

Sources: REIN MLS record · city assessor

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Meet 5005 Paine Lane—a three-bedroom, one-bath home built in 1960 in Virginia Beach. Just seven minutes from JEB Little Creek-Fort Story, this 1,118-square-foot property sits on a quiet residential lot. You're minutes from the beach and major employers across the region.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23455, homes for sale zoned for Bayside High School, and homes for sale zoned for Luxford Elementary School. Nearby, look at Aragona Village homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

This mid-century home offers straightforward living on a solid foundation. The open floor plan makes efficient use of every square foot, and the single-bath layout keeps maintenance simple. The lot is tucked away on a peaceful street, away from heavy traffic. Built to last, the 1960s construction speaks to durability. You'll find honest bones here—a genuine starter or investment opportunity without the premium price tag.

ARAGONA VILLAGE and the Virginia Beach real estate market

Paine Lane sits in a quiet corner of Virginia Beach, where tree-lined streets and modest single-family homes define the character. This is a neighborhood of long-time residents and straightforward living—the kind of block that anchors homes for sale in 23455. Virginia Beach itself stretches from the oceanfront to inland neighborhoods like this one, blending military culture with beach-town charm. The city is home to Naval Station Norfolk, JEB Little Creek-Fort Story, and NAS Oceana, making it a hub for active-duty and veteran households. Getting around is easy on a grid of main roads: Military Highway, Shore Drive, and the major arteries that connect you to shopping, dining, and employment centers. The beach is a short drive away, and downtown Norfolk is about 20 minutes north.

What's nearby

You're walking distance to everyday essentials. A grocery store and pharmacy sit within a few minutes by car. Paine Lane itself is quiet and residential, with parks and green space nearby for outdoor time. JEB Little Creek-Fort Story is just seven minutes away—a straight shot for anyone with a daily commute. NAS Oceana is about 15 minutes south. Local restaurants and coffee shops cluster along the nearby commercial strips, so dining out is convenient without being loud.

For different buyers

Base commute and VA loan notes

Seven minutes to JEB Little Creek-Fort Story and 15 to NAS Oceana make this a practical home for active-duty and retired personnel. VA loan financing is widely available in this zip code. The modest size keeps utilities and maintenance lean, and the single-story layout means no stairs. Quick move-in is possible for buyers ready to settle.

Room to grow

Three bedrooms and a fenced yard give you room to spread out without excess space to maintain. The single-bath layout keeps the home efficient and easy to manage. Storage is straightforward throughout. The 1,118 square feet strikes a balance—enough room for multiple bedrooms, without the burden of a sprawling footprint.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each. Straight-line distances in “What’s nearby” are shorter.

Homes like this one sell fast — see the next one first

Virginia Beach$250K – $340K3+ beds

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

ElementaryLuxford Elementary School
Down 0.6 from 2024–254.9/10
MiddleBayside Middle School
Up 0.6 from 2024–254.3/10
HighBayside High School
Up 0.1 from 2024–257.1/10

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

18 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

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

Explore this neighborhood

Aragona Village

Aragona Village is one of Virginia Beach's first big subdivisions. Ground broke in 1955. People moved into the first homes around 1956. It was developed in six sections on roughly 900 acres of old dairy-farm land.

$350K

Median sale · 12 mo

$247

Sold $/sq ft

13d

Days on market

For sale now

$78K

HH income

63.2%

Owner-occupied

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

Explore Aragona Village →

Neighborhood

homes for sale in Virginia Beach →

Location intelligence

What's nearby

Location & Neighborhood

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Military Commute

Drive times to nearest bases

Little Creek

Navy

13min·5mi

NAS Oceana

Navy

27min·15.8mi

USCG Portsmouth

Coast Guard

18min·10mi

NNSY

Navy

20min·11.1mi

NMCP

Navy

22min·11.5mi

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

Payment Calculator

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

$1,817/mo

Down payment20% · $59,000

Interest rate6.75%

Loan term30 years

Principal & interest

$1,531

Property tax

$200

Home insurance

$86

PMI

None

HOA/Condo (paid separately)

None

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

Comparables

Asking vs. assessment

119% of $247,600

City assessment record · taxes $2,402/yr

Land share of assessed value

55% — $135,000

Improvements $112,600 · assessor record ✓

Price context — similar nearby homes

$240,000 – $379,000

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.

4945 Blackfoot CRES · 2.1 mi · 1,100 sqft$356,000 sold 2026-06

4909 Klamath RD · 2 mi · 1,008 sqft$240,000 sold 2026-10

208 S Fir AVE · 2.7 mi · 1,092 sqft$379,000 sold 2026-09

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$295,000

Price / Sq Ft

$264

Annual Taxes

$2,402

Monthly Tax

$200

HOA

None

Tax Rate (effective)

0.81%

Sale Timeline (this listing)

Event	Date	Price	Detail
Listed	Oct 6, 2026	$295,000	—
Price reduced	Oct 17, 2026	$295,000	−$10,000
Sold	Oct 16, 2026	$295,000	—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

19% above assessment

Total Assessed

$247,600

Land

$135,000

Improvement

$112,600

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.

Questions buyers ask

Is 5005 Paine Ln in a good school zone?+

The assigned zones on the listing record are Luxford Elementary (VaHome School Score 4.9/10), Bayside Middle (VaHome School Score 4.3/10), Bayside (VaHome School Score 7.1/10). School attendance zones can change — always confirm enrollment with the local school division.

Is 5005 Paine Ln 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.

Does 5005 Paine Ln have an HOA?+

No — there are no HOA, condo, or association dues on the listing record for this property.

When was 5005 Paine Ln built?+

It was built in 1960, 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

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads

Listing courtesy of Walter Whiteside · Light Box Realty · REIN MLS #10653358

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in Virginia Beach Call or text (757) 777-7577

5005 Paine Ln, Virginia Beach, Virginia 23455 · MLS #10653358 · 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.

✆

5005 Paine Ln, Virginia Beach, VA 23455

About this home

Facts & features

Our read on this home

Why this home stands out

ARAGONA VILLAGE and the Virginia Beach real estate market

What's nearby

For different buyers

Base commute and VA loan notes

Room to grow

More buyer questions

How Far Is?

Homes like this one sell fast — see the next one first

Schools

Flood & environment

🌊 Flood Risk (FEMA)

Hurricane Evacuation Zone

Aragona Village

What's nearby

Location & Neighborhood

Military Commute

Payment Calculator

Estimate your monthly payment

Comparables

Sale & Tax History

Sale Timeline (this listing)

Public-Records Assessment

Comparable Properties

Questions buyers ask

You'll talk to a person, not a lead queue

This one's sold — the next one doesn't have to be.

Flood Risk (FEMA)