Virginia BeachOCEAN LAKES501 Hillshire Way✓ Source: REIN MLS #10636065 · record updated Jun 6, 2026 · your inquiry is never resold
501 Hillshire WAY, VIRGINIABEACH VA 23454 - Main photo
$2,795
$2 / sqft · est. $15/mo →
3beds
2.1baths
1,459sqft
16days on market

501 Hillshire Way, Virginia Beach, VA 23454

RentedRental · built 1993 · OCEAN LAKES

About this home

The listing, in the seller's words

Solar home = LOW electric bills! Welcome to wonderful Ocean Lakes! Amenities galore await which include pool, tennis courts,playgrounds and more! This detached single family home offers updates throughout, large open floor plan and transitional living make this home easy to spread out. Neutral colors to match any decor, stainless steel appliance in the galley style kitchen. Private fenced back yard and green grass. Please reach out today for a video tour, approved applications will be able to walk through the unit before signing the lease. Welcome home!

Listing courtesy of Jeff Babb · AtCoastal Realty · REIN MLS #10636065

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Rental

Year built

1993

Price / sqft

$2

HOA

None

County

Virginia Beach VA

Waterfront

Yes

MLS #

10636065

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

Flood & environment

The flood answer first — quantified, not buried

Flood Risk

Looking up FEMA flood zone…

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

$15/mo

Principal & interest

$15

Property tax

$0

Home insurance

$1

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.

Value & history

Judge value on real ground

Asking vs. assessment

1% of $364,100

City assessment record

Land share of assessed value

46% — $166,000

Improvements $198,100 · assessor record ✓

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.

Sale & Tax History

List Price

$2,795

Price / Sq Ft

$2

Annual Taxes

N/A

Monthly Tax

N/A

HOA

None

Tax Rate (effective)

N/A

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 21, 2026$2,795
Currently listed$2,795

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

99% below assessment

Total Assessed

$364,100

Land

$166,000

Improvement

$198,100

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

Real questions, answered from the record

Is 501 Hillshire Way in a good school zone?+
The assigned zones on the listing record are Ocean Lakes Elementary (GreatSchools 8/10), Corporate Landing Middle (GreatSchools 9/10), Ocean Lakes (GreatSchools 8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 501 Hillshire Way 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 the parcel elevation and sources.
Does 501 Hillshire Way have an HOA?+
No — there are no HOA dues on the listing record for this property.
When was 501 Hillshire Way built?+
It was built in 1993, 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 Jeff Babb · AtCoastal Realty · REIN MLS #10636065

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.

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

Call or text (757) 777-7577

501 Hillshire Way, Virginia Beach, Virginia 23454 · MLS #10636065 · 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.