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PortsmouthLAKE SHORES502 Hamilton Ave✓ Source: REIN MLS #10623685 · record updated Sep 4, 2026 · synced every 2 min · your inquiry is never resold
502 Hamilton AVE, PORTSMOUTH VA 23707 - Main photo
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 2
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 3
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 4
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 5
$253,000
$111 / sqft · est. $1,755/mo →
4beds
2.1baths
2,272sqft
183days on market

502 Hamilton Ave, Portsmouth, VA 23707

Under ContractResidential · built 1998 · LAKE SHORES

Facts & features

Type

Residential

Year built

1998

Price / sqft

$111

HOA

None

Taxes

$4,426/yr

County

Portsmouth VA

MLS #

10623685

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,272
Stories
2
Flooring
Carpet
Total rooms
8

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool

Utilities & systems

Heating
Forced Hot Air
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.2050
Approx. acres
0.20
Subdivision
LAKE SHORES
Zoning
UR
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car
Possession
CLOSING
Disclosures
Bank Repo, Exempt from Disclosure/Disclaimer, Govt Owned, Spec Warranty Deed

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

About this home

Spacious 4-bedroom, 2.5-bath home offering nearly 2,300 square feet of potential on a generous .205-acre lot. This property features a functional floor plan with ample living space, a 2-car garage, and plenty of room to make it your own. Enjoy the sizable yard and the convenience of a well-sized home ready for its next chapter. Conveniently located near dining, shopping, the highway, and more! Call today for more information and to schedule your tour!

Listing courtesy of Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10623685

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

502 Hamilton Avenue is a four-bedroom, two-and-a-half-bath home in Portsmouth's Lake Shores neighborhood, built in 1998 on a fifth-of-an-acre lot with 2,272 square feet — and Naval Medical Center Portsmouth is literally four minutes away.

Read the full overview ↓

Why this home stands out

What sets 502 Hamilton Avenue apart is the combination of size, lot, and location that's genuinely hard to find in this zip code. You get a 1998-built, two-story home with four real bedrooms, a half-bath on the main level, and over 2,200 square feet — all on a 0.2-acre lot in a quiet Lake Shores pocket where grocery stores and parks are within a short walk. For anyone weighing Portsmouth homes for sale near the medical district, this address checks a lot of boxes at once.

LAKE SHORES and the Portsmouth real estate market

Lake Shores sits in the western reaches of Portsmouth, a city with deep naval and maritime roots along the Elizabeth River. The neighborhood has a settled, residential feel — tree-lined streets, modest lot sizes that still give you breathing room, and a genuine sense of community that newer subdivisions often struggle to replicate. Portsmouth itself is one of Hampton Roads' most historically layered cities, home to the nation's oldest naval hospital and a revitalized Olde Towne waterfront district that draws visitors from across the region. Families comparing homes for sale in Portsmouth often discover that the city punches above its weight: you're close to downtown Norfolk via the tunnel or the Midtown Bridge, and the broader Hampton Roads highway network puts Virginia Beach, Chesapeake, and Suffolk within a reasonable commute. Within Lake Shores specifically, the streets are calm enough for evening walks, and the proximity to parks and local businesses makes daily errands genuinely manageable without a long drive.

What's nearby

Everyday convenience is one of Lake Shores' quiet strengths. Noura Inc Mt. Vernon Supermarket and Port Norfolk Supermarket are both about 0.2 miles away — close enough to walk for a forgotten ingredient. When you want something quick, Fast 5 Grocery & Deli is about a mile out. For coffee and a pastry, ZandyLu Brew & Bakery is just 0.3 miles away and worth the short trip. Dria's Kitchen 'Box Fired' Pizzeria & Catering and Familiar Treasurez give you solid local dining options within half a mile. Green space is equally close: Detroit Park is 0.2 miles, Bruce Johnson Memorial Park is 0.3 miles, and Fountain Park rounds things out at 0.5 miles. Fitness options include DCo at 0.6 miles and both Completion Fitness LLC and Grind Time Performance & Fitness Training within a mile.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is four minutes from the front door — one of the shortest base commutes you'll find anywhere in Hampton Roads. USCG Base Portsmouth adds a second installation just six minutes out, making 502 Hamilton Avenue a natural fit for dual-military households or anyone who wants to reclaim time lost to a long drive. A VA loan can make the path to ownership here even more straightforward.

For families upgrading

Four bedrooms and 2,272 square feet give a growing family genuine room to spread out, and the half-bath on the main level means mornings run smoother. The 0.2-acre lot offers outdoor space for kids without the maintenance burden of a larger property. Families researching homes for sale zoned for Churchland High School and homes for sale zoned for Waterview Elementary School will find 502 Hamilton Avenue worth a close look in that context.

More buyer questions

How far is 502 Hamilton Avenue from Naval Medical Center Portsmouth?

The drive is approximately four minutes — Naval Medical Center Portsmouth is one of the closest major installations to this address in all of Hampton Roads, which makes it a standout for medical staff and military personnel assigned there.

What neighborhood is 502 Hamilton Avenue in?

The home sits in Lake Shores, a residential neighborhood in the western part of Portsmouth, Virginia, within the 23707 zip code — a pocket that many buyers searching homes for sale in 23707 overlook despite its strong location fundamentals.

Is there an HOA for 502 Hamilton Avenue?

The Lake Shores subdivision does not carry a mandatory HOA, which means no monthly association dues to factor into your budget — though it's always worth confirming current status with your agent at the time of purchase.

What is the flood zone status for 502 Hamilton Avenue?

Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls the current FEMA designation — review that section for the most accurate and up-to-date flood zone classification.

How far is 502 Hamilton Avenue from USCG Base Portsmouth?

USCG Base Portsmouth is approximately six minutes by car, making 502 Hamilton Avenue a practical choice for Coast Guard personnel who want a short commute without sacrificing neighborhood character or lot size.

Tom and Dariya Milan at LPT Realty know Lake Shores and the Portsmouth market well — reach out to get your questions answered and schedule a walkthrough of 502 Hamilton Avenue.

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

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

Portsmouth$215K – $295K4+ beds

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Schools

VaHome School Score

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

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 515529

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

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

In the Lake Shores neighborhood of Portsmouth. houses for sale in Portsmouth

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

$1,755/mo

Principal & interest

$1,313

Property tax

$369

Home insurance

$74

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

Judge value on real ground

Asking vs. assessment

71% of $356,960

City assessment record · taxes $4,426/yr

Land share of assessed value

26% — $91,080

Improvements $265,880 · assessor record ✓

Price context — similar nearby homes

$305,000$398,900

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.

19 Carver CIR · 2.2 mi · 2,190 sqft$305,000 sold 2026-05
3405 Woodstock ST · 2.4 mi · 2,247 sqft$398,900 sold 2026-06
316 Wall ST · 2.4 mi · 2,205 sqft$350,000 sold 2026-05

Sale & Tax History

List Price

$253,000

Price / Sq Ft

$111

Annual Taxes

$4,426

Monthly Tax

$369

HOA

None

Tax Rate (effective)

1.75%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 5, 2026$253,000
Currently listed$253,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

29% below assessment

Total Assessed

$356,960

Land

$91,080

Improvement

$265,880

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.

Questions buyers ask

Is 502 Hamilton Ave in a good school zone?+
The assigned zones on the listing record are Waterview Elementary (VaHome School Score 1.4/10), Churchland Middle (VaHome School Score 2.7/10), Churchland (VaHome School Score 5.9/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 502 Hamilton Ave 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.
Is there a gym near 502 Hamilton Ave?+
Yes — DCo is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 502 Hamilton Ave?+
Detroit Park is about 0.1 miles away.
Where is the nearest grocery store to 502 Hamilton Ave?+
Noura Inc Mt. Vernon Supermarket is about 0.4 miles away. The closest dining on record is Mockingbird Pasta Bar (0.4 mi).
Does 502 Hamilton Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 502 Hamilton Ave built?+
It was built in 1998, 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 Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10623685

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.

502 Hamilton Ave, Portsmouth — photo

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

Call or text (757) 777-7577

502 Hamilton Ave, Portsmouth, Virginia 23707 · MLS #10623685 · 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.