Home/Virginia/Virginia Beach/CROATAN/501 Croatan Hills DR, VIRGINIABEACH VA 23451
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Coming Soon
Active
Under Contract
Sold

26 days on market

$1,395,000

501 Croatan Hills Dr

Virginia Beach, Virginia 23451

MLS# 10631087 · CROATAN · Virginia Beach VA

Updated 2 days ago · Source: REIN MLS

Est. payment

$8,617/mo

Edit below

Price / sq ft

$392

3,559 sq ft

Days on market

26

HOA

None

Year built

1997

29 yrs old

Beds

5

Full Baths

4

Half Baths

1

Sq Ft

3,559

Garage

Yes

Residential2 StorySingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Exceptional all-brick coastal residence in coveted Croatan, just blocks from the ocean. Beautifully appointed and timeless in design, this elegant home offers 5 bedrooms, 4 full baths, 1 half bath, 3 fireplaces, a 3-car garage, circular drive, and a new roof. Thoughtfully designed for entertaining and comfortable everyday living, the floor plan features a first-floor primary suite with custom California Closets, firs…

Listed by Jennifer Gartrell · BHHS RW Towne Realty

VaHome Team property overview

At a glance

501 Croatan Hills Drive is a five-bedroom, four-and-a-half-bath home in Virginia Beach, offering 3,559 square feet built in 1997. With Dam Neck Annex four minutes away and the Atlantic shoreline practically at your doorstep, this address balances military convenience with genuine coastal living.

Read full property overview ↓

Why this home stands out

Few addresses in Virginia Beach put you this close to both a major military installation and the water at the same time. At 3,559 square feet across five bedrooms and four and a half baths, there's genuine room for a large household, a home office, or overnight guests — without anyone feeling crowded. The 1997 construction hits a sweet spot: substantial enough to have real bones, recent enough to avoid the quirks of older coastal builds.

CROATAN and the Virginia Beach real estate market

Croatan Hills sits in the southern stretch of Virginia Beach, tucked between the resort strip and the quieter residential neighborhoods that border the military corridor. It's the kind of area where streets feel intentional — not a sprawling suburb, but a compact, established community where neighbors tend to stay. The surrounding city is one of the largest by land area on the East Coast, yet this corner of it has a distinct, almost village-like rhythm. Whether you're working with a real estate agent virginia beach locals trust or exploring the market on your own, you'll find that Croatan Hills consistently draws buyers who want proximity to the ocean without the noise and congestion of the resort district itself. Virginia Beach as a whole offers a rare combination: a strong military presence, a diversified local economy, and a coastline that genuinely shapes daily life. Out here in the southern end, you get all of that with a noticeably lower-key atmosphere.

What's nearby

Beach Park is just 0.3 miles away — an easy walk for morning routines or afternoon wind-downs. The Jetty and Grommet Island Park are both within 0.7 miles, giving you waterfront green space without a drive. When it's time to eat, Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all clustered around 0.8 miles out, making them realistic options for a weeknight dinner or a casual weekend lunch. For fitness, Camp Pendleton Gym is just 0.7 miles away — a well-equipped option that's especially convenient for active-duty personnel and their families.

For different buyers

For military families relocating

Dam Neck Annex is four minutes from the front door, and NAS Oceana is seven. For military families weighing BAH and commute time together, that math is hard to argue with. A VA loan can make a home this size more accessible than many buyers expect, and five bedrooms means the whole family — plus a dedicated workspace — actually fits.

For families upgrading

If your current home feels like it's running out of room, 3,559 square feet across five bedrooms and four and a half baths gives everyone space to spread out. There's room for the kids to have their own corners, room for guests, and room for a proper home office. Add Beach Park a third of a mile away and a cluster of waterfront restaurants under a mile out, and the lifestyle upgrade writes itself.

Frequently asked questions

How far is 501 Croatan Hills Drive from Dam Neck Annex?

Dam Neck Annex is approximately four minutes by car from 501 Croatan Hills Drive, making it one of the closest residential options to that installation in Virginia Beach.

How far is 501 Croatan Hills Drive from NAS Oceana?

NAS Oceana is about seven minutes away by car, putting two major military installations within a very short commute of this address.

What is the flood zone status for 501 Croatan Hills Drive?

Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate designation.

Is there a homeowners association at 501 Croatan Hills Drive?

HOA status for this property should be confirmed through current public records or a title search, as association boundaries and membership can change over time.

Where are the nearest parks and restaurants to 501 Croatan Hills Drive?

Beach Park is 0.3 miles away, while The Jetty and Grommet Island Park are each about 0.7 miles out. Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.8 miles.

Tom and Dariya Milan at LPT Realty know this corner of Virginia Beach well. Reach out to get straightforward answers about 501 Croatan Hills Drive and what it could mean for your next chapter.

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

Location & Neighborhood

Location & Street View

501 Croatan Hills 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

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Property Details

Bedrooms

5

Full Baths

4

Half Baths

1

Approx Sq Ft

3,559

Stories

2

Fireplaces

0

Flooring

Ceramic

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer

Sale & Tax History

List Price

$1,395,000

Price / Sq Ft

$392

Annual Taxes

$11,664

Monthly Tax

$972

HOA

None

Tax Rate (effective)

0.84%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 23, 2026$1,395,000
Currently listed$1,395,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 12, 2026.

16% above assessment

Total Assessed

$1,202,500

Land

$535,000

Improvement

$667,500

Parcel ID: 24262861200000

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.

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.

See more Virginia Beach homes for sale →

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.

Estimate your monthly payment

$8,617/mo

Principal & interest

$7,238

Property tax

$972

Home insurance

$407

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 BHHS RW Towne Realty · MLS# 10631087

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$1,395,000

501 Croatan Hills DR, VIRGINIABEACH VA 23451

Virginia Beach, Virginia 23451

Request Info

Quick Facts

TypeResidential
Year Built1997
Lot Size0.2823
Taxes$11,664/yr
HOANone
Heating
Cooling

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