Home/Virginia/Portsmouth/WATERVIEW/501 Riverside DR, PORTSMOUTH VA 23707
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Coming Soon
Active
Under Contract
Sold
Off Market

12 days on market

$575,000

501 Riverside Dr

Portsmouth, Virginia 23707

MLS# 10623931 · WATERVIEW · Portsmouth VA

Updated May 5, 2026 · Source: REIN MLS

Est. payment

$3,508/mo

Edit below

Price / sq ft

$276

2,080 sq ft

Days on market

12

New listing

HOA

None

Year built

2013

13 yrs old

Beds

4

Full Baths

3

Half Baths

0

Sq Ft

2,080

Garage

Yes

Residential2 StorySingle FamilyWaterfront — Bulkhead, Deep Water

Schools

Info provided by GreatSchools

About this home

Waterfront living with beautiful Elizabeth River views on desirable Riverside Drive! Wake up to peaceful water views and enjoy the beauty of life along the river. Built in 2013, this home offers 4 bedrooms and 3 full baths with an open-concept layout ideal for everyday living and entertaining, including a convenient first-floor bedroom and full bathroom. The welcoming front porch overlooks the river perfect for morni…

Listed by Michael Amory · BHHS RW Towne Realty

Location & Neighborhood

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Flood Risk

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Property Details

Bedrooms

4

Full Baths

3

Half Baths

0

Approx Sq Ft

2,080

Stories

2

Fireplaces

0

Flooring

Carpet, Ceramic, Laminate/LVP

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup

Sale & Tax History

List Price

$575,000

Price / Sq Ft

$276

Annual Taxes

$4,281

Monthly Tax

$357

HOA

None

Tax Rate (effective)

0.74%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 28, 2026$575,000
Currently listed$575,000

Public-Records Assessment

Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 8, 2026.

67% above assessment

Total Assessed

$345,260

Land

$110,650

Improvement

$234,610

Parcel ID: 03580110 · View on city GIS portal

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:

Portsmouth 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 Portsmouth

Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.

See more Portsmouth 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

$3,508/mo

Principal & interest

$2,984

Property tax

$357

Home insurance

$168

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# 10623931

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

SOLD

$575,000

501 Riverside DR, PORTSMOUTH VA 23707

Portsmouth, Virginia 23707

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Quick Facts

TypeResidential
Year Built2013
Lot Size
Taxes$4,281/yr
HOANone
Heating
Cooling

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