Skip to main content
Virginia BeachBEACH BOROUGH501 Ocean Trace Arch #303✓ Source: REIN MLS #10636717 · record updated Jun 23, 2026 · synced every 5 min · your inquiry is never resold
501 Ocean Trace ARCH #303, VIRGINIABEACH VA 23451 - Main photo
501 Ocean Trace ARCH #303, VIRGINIABEACH VA 23451 - Photo 2
501 Ocean Trace ARCH #303, VIRGINIABEACH VA 23451 - Photo 3
501 Ocean Trace ARCH #303, VIRGINIABEACH VA 23451 - Photo 4
501 Ocean Trace ARCH #303, VIRGINIABEACH VA 23451 - Photo 5
$249,000
$263 / sqft · est. $1,911/mo →
2beds
2baths
945sqft
26days on market

501 Ocean Trace Arch #303, Virginia Beach, VA 23451

Under ContractResidential · built 1987 · BEACH BOROUGH

About this home

The listing, in the seller's words

Third floor 2 bedroom, 2 full bath condo near the beach, oceanfront, interstate, shopping, restaurants, gym and so much more. This is gated community has a covered bike storage area, a dog area, and a pool. The condo fee covers master insurance policy, trash, and grounds maintenance. Really cute and ready to go.

Listing courtesy of Terri Haynie · BHHS RW Towne Realty · REIN MLS #10636717

VaHome team overview

Our read on this home

At a glance

Meet 501 Ocean Trace Arch #303 — a two-bedroom, two-bath condo in Virginia Beach offering 945 square feet of comfortable living space, built in 1987, just minutes from NAS Oceana and Dam Neck Annex with everyday conveniences practically at your door.

Read the full overview ↓

Why this home stands out

What sets this third-floor unit apart is its location sweet spot: you're five minutes from NAS Oceana and eight minutes from Dam Neck Annex, yet you're also steps from Seatack North Park and a short walk to local dining and fitness options. For a 945-square-foot footprint, the two full baths are a genuine everyday convenience that larger households will appreciate.

BEACH BOROUGH and the Virginia Beach real estate market

Virginia Beach is one of the most livable coastal cities on the East Coast, and the Birdneck Road corridor where 501 Ocean Trace Arch sits reflects that well. The area has a low-key, established feel — not a resort strip, not a sprawling suburb, but a practical middle ground where military families, working professionals, and long-term residents all put down roots. People searching for homes for sale near Virginia Beach often land here once they discover how close this pocket is to both the oceanfront and the bases without carrying the premium of the beachfront zip codes. The city itself wraps you in a lifestyle that's hard to replicate: ocean breezes, year-round outdoor activity, a strong military community, and a surprisingly diverse dining and entertainment scene. Virginia Beach's Birdneck area in particular has matured into a neighborhood where daily life runs smoothly — groceries, parks, fitness, and food are all within half a mile.

What's nearby

Daily life is easy from #303. Seatack North Park is just 0.1 miles away — a genuine walk-out-the-door option for a morning stretch or an afternoon with kids. Surf Rider Birdneck and SMOKE SHACK are both 0.3 miles out when you want a sit-down meal, and Pizza Hut is equally close for a quick night in. Coffee is covered by Dunkin' and 7-Eleven within half a mile. For groceries, DG Market, Food Lion, and Amoco are all under 0.7 miles. Fitness options include The Heart Space, Corrective Kinesiology Health and Fitness, and GoodGood Studio — all within half a mile. Tidewater Veterans Memorial Park is 0.6 miles away for a longer walk or a moment of reflection.

For different buyers

For military families relocating

Five minutes to NAS Oceana and eight minutes to Dam Neck Annex makes 501 Ocean Trace Arch #303 one of the more strategically located condos in Virginia Beach for active-duty households. A VA loan can make ownership here straightforward, and the two-bedroom, two-bath layout handles the practical demands of military life — whether that means a dedicated home office or room for visiting family.

For first-time buyers

If you're stepping into ownership for the first time, a 945-square-foot two-bed, two-bath condo is a smart, manageable starting point. You get two full bathrooms — a genuine upgrade over the typical starter layout — plus a location in Virginia Beach where parks, groceries, and dining are all within easy reach. It's a low-friction entry into a city with strong long-term appeal.

More buyer questions

How far is 501 Ocean Trace Arch #303 from NAS Oceana?

NAS Oceana is approximately a five-minute drive from 501 Ocean Trace Arch #303, making this one of the closest residential options to the base in Virginia Beach.

How far is 501 Ocean Trace Arch #303 from Dam Neck Annex?

Dam Neck Annex is about eight minutes by car, a commute that fits comfortably within most duty-day schedules.

Is 501 Ocean Trace Arch #303 part of an HOA?

Yes, the property is part of a condominium association — HOA coverage typically includes exterior maintenance and common areas, though you'll want to confirm the specific inclusions during your review of the condo documents.

What is the flood zone status for 501 Ocean Trace Arch #303?

Flood zone designation for this address is displayed in the FloodRisk tile on this page — we recommend reviewing it alongside your insurance research before making decisions.

What parks are near 501 Ocean Trace Arch #303?

Seatack North Park is just 0.1 miles away, making it the closest option for a quick outdoor break, while Tidewater Veterans Memorial Park is 0.6 miles out for a more expansive green space.

Want to see #303 in person or have questions about the Virginia Beach condo market near NAS Oceana? Tom and Dariya Milan at LPT Realty are ready to help — reach out today.

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

1987

Price / sqft

$263

Condo fee

$359/mo

Taxes

$2,253/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10636717

Condo association includes

Gated CommunityGround MaintPoolTrash Pickup

$359/mo condo fee · Ocean Trace Condo Assoc. · per the REIN MLS listing record — confirm inclusions with the association.

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

Flood & environment

The flood answer first — quantified, not buried

FEMA flood zone AE · base flood elevation 7 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone B

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

Military Aircraft Zone Information

Aircraft Noise

>75 dB DNL

Accident Potential Zone

APZ-2

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

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

$1,911/mo

Principal & interest

$1,292

Property tax

$188

Home insurance

$73

PMI

None

HOA

$359

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

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

$260,000$332,500

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.

1066 Ocean Pebbles WAY · 0.7 mi · 948 sqft$265,000 sold 2026-02
153 N Birdneck RD · 0.5 mi · 896 sqft$332,500 sold 2026-05
147 Saw Grass BND · 0.8 mi · 948 sqft$260,000 sold 2026-06

Sale & Tax History

List Price

$249,000

Price / Sq Ft

$263

Annual Taxes

$2,253

Monthly Tax

$188

Condo fee

$359 / mo

Tax Rate (effective)

0.90%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 28, 2026$249,000
Currently listed$249,000

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.

Questions buyers ask

Real questions, answered from the record

Is 501 Ocean Trace Arch #303 in a good school zone?+
The assigned zones on the listing record are Linkhorn Park Elementary (GreatSchools 9/10), VB Middle, Frank W. Cox (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 501 Ocean Trace Arch #303 in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 7 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 501 Ocean Trace Arch #303?+
Yes — The Heart Space is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 501 Ocean Trace Arch #303?+
Seatack North Park is about 0.1 miles away.
Where is the nearest grocery store to 501 Ocean Trace Arch #303?+
DG Market is about 0.5 miles away. The closest dining on record is Surf Rider Birdneck (0.3 mi).
Does 501 Ocean Trace Arch #303 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 Trace Condo Assoc.. Association amenities on record include: Gated Community, Ground Maint, Pool, Trash Pickup.
When was 501 Ocean Trace Arch #303 built?+
It was built in 1987, 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 Terri Haynie · BHHS RW Towne Realty · REIN MLS #10636717

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 Ocean Trace Arch #303, Virginia Beach, Virginia 23451 · MLS #10636717 · 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.