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Virginia BeachBAY COLONY502 W Holly Rd✓ Source: REIN MLS #10633103 · record updated Jul 1, 2026 · synced every 2 min · your inquiry is never resold
502 W Holly RD, VIRGINIABEACH VA 23451 - Main photo
$2,704,800
$478 / sqft · est. $15,939/mo →
5beds
4.1baths
5,654sqft
9days on market

502 W Holly Rd, Virginia Beach, VA 23451

SoldResidential · built 1951 · BAY COLONY

About this home

The listing, in the seller's words

Luxury and comfort meet in this stunning home in an unbeatable location. Close to the oceanfront, ideally situated on the 2nd green/3rd tee of the PACC. Offering appx 5654 sqft of living space, this spacious, beautifully maintained property features 5 bedrooms and 4 1/2 baths. The thoughtfully designed layout includes main floor primary and guest suites, providing comfort and convenience. You'll find hardwood floors throughout, complemented by elegant trim and detailed door and window casings that add timeless character. Step outside to your covered 588 sqft back porch overlooking stunning gardens and long-distance golf course views. Completely reimagined and reconstructed from 2015-present. An oversized 2 car detached garage features a 554 sqft light-filled bonus room on the second floor, which is included in the home's total usable square footage. A rare opportunity to enjoy coastal living with golf course views in one of the most desirable settings in Virginia Beach.

Listing courtesy of Keith Smedley · Atkinson Realty · REIN MLS #10633103

VaHome team overview

Our read on this home

At a glance

502 W Holly Rd is a five-bedroom, four-and-a-half-bath home on more than half an acre in Bay Colony — one of Virginia Beach's most established oceanfront-adjacent neighborhoods — offering over 5,100 square feet of living space in a setting that's hard to replicate anywhere on the East Coast.

Read the full overview ↓

Why this home stands out

What sets 502 W Holly Rd apart is the combination of sheer scale and location rarity. A 5,100-square-foot footprint on a 0.62-acre lot — in a neighborhood that sits steps from the Atlantic — is genuinely uncommon in Virginia Beach. Built in 1951, the home carries the bones of mid-century construction while offering the room count and layout flexibility that larger families or remote-working households actually need day to day.

BAY COLONY and the Virginia Beach real estate market

Bay Colony sits at the northern end of the Virginia Beach Oceanfront, tucked between the Atlantic shore and the Chesapeake Bay shoreline corridor. It's one of the city's older, more established residential pockets — the kind of neighborhood where mature trees line wide lots and neighbors have been here long enough to know each other by name. When people search for bay colony virginia beach, they're usually looking for exactly this: a quieter, more residential alternative to the dense condo strips further south, but still within easy walking distance of the beach, the boardwalk energy, and the restaurants and shops that make the Oceanfront worth living near. The streets here feel unhurried. Lots are generous. The housing stock skews toward larger single-family homes rather than townhomes or condos, which gives the neighborhood a grounded, permanent feel. Virginia Beach as a whole is one of the most populous cities on the East Coast, but Bay Colony manages to feel like a genuine neighborhood within it — the kind of place you move to and stay.

What's nearby

Daily life at 502 W Holly Rd is remarkably walkable for a Virginia Beach address. TASTE is just 0.2 miles away and pulls triple duty as a grocery stop, restaurant, and coffee shop — a genuinely convenient anchor. Driftwood Kitchen and Pelon's Baja Grill Oceanfront are also within a two-minute walk for evenings when cooking isn't the plan. Harris Teeter is 0.6 miles out for a full grocery run. For fitness, Hillier Ignite Fitness Park, Bike Spot, and ReStormi Pilates are all within half a mile. Muscle Beach and Cavalier Grand Lawn give you outdoor options nearby, and the Virginia Beach Law Enforcement Officers Memorial is just 0.3 miles away.

For different buyers

For military families relocating

NAS Oceana is roughly eight minutes from the front door, and Dam Neck Annex is about ten — both without highway driving. For military households, that kind of proximity matters enormously when schedules shift without warning. A VA loan can make a home at this price point and square footage more accessible than many buyers expect, and BAH rates in the Virginia Beach area have historically supported strong housing budgets for mid-to-senior paygrades.

For families upgrading

Five bedrooms and four and a half baths across 5,100 square feet means everyone gets space — and then some. The 0.62-acre lot gives kids room to actually run around, which is increasingly rare this close to the Oceanfront. If you've outgrown your current home and want to stay in Virginia Beach without sacrificing yard space or proximity to the water, this address checks boxes that are genuinely difficult to find in combination.

More buyer questions

How far is 502 W Holly Rd from NAS Oceana?

NAS Oceana is approximately eight minutes from 502 W Holly Rd under normal traffic conditions. The route is straightforward and doesn't require significant highway time.

How far is 502 W Holly Rd from Dam Neck Annex?

Dam Neck Annex is about ten minutes away — a short, manageable commute that makes this address practical for personnel assigned to either installation.

What is the lot size at 502 W Holly Rd?

The lot measures approximately 0.6185 acres, which is notably large for a property this close to the Virginia Beach Oceanfront and is one of the address's defining characteristics.

Is 502 W Holly Rd in a flood zone?

Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data for the parcel.

What neighborhood is 502 W Holly Rd located in?

The home is located in Bay Colony, a well-established residential neighborhood at the northern end of the Virginia Beach Oceanfront known for its larger lots, mature landscaping, and proximity to the Atlantic shore.

Ready to get a closer look at 502 W Holly Rd? Tom and Dariya Milan at LPT Realty know Bay Colony well — reach out and they'll walk you through everything.

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

1951

Price / sqft

$478

HOA

None

Taxes

$13,386/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10633103

Interior

Bedrooms
5
Full baths
4
Half baths
1
Approx. sqft
5,654
Stories
2
Flooring
Carpet, Ceramic, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
12
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Fin. Rm Over Gar, PBR with Bath, Office/Study, Pantry, Porch, Rec Room, Utility Closet, Utility Room
Interior features
Dual Entry Bath (Br & Br), Fireplace Gas-natural, Fireplace Wood, Primary BR FP, Primary Sink-Double, Pull Down Attic Stairs, Walk-In Closet, Window Treatments
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Gas Range, Refrigerator, Washer
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener
Accessibility
Curbless Shower, Front-mounted Range Controls

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Vinyl
Sustainability
Engineered Wood Products, Recirculation Hot Water
Exterior features
Deck, Golf Course Lot, Inground Sprinkler, Irrigation Control, Patio, Pump, Well
Pool
No Pool
Fencing
Partial,Privacy,Split Rail
Waterfront
Not Waterfront

Utilities & systems

Heating
Electric, Heat Pump, Nat Gas
Cooling
Central Air, Heat Pump
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.6185
Approx. acres
0.62
Subdivision
BAY COLONY
Zoning
R40
Ownership
Fee Simple
Garage
Yes
Parking
Garage Det 2 Car, Oversized Gar, Driveway Spc, Street
Possession
SETTLEMENT
Miscellaneous
Rehabilitated
Disclosures
Disclosure Statement, Owner Agent, Related to Seller

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

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

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

Military Aircraft Zone Information

Aircraft Noise

70-75 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

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

Explore this neighborhood

Bay Colony

Bay Colony is one of Virginia Beach's most established waterfront neighborhoods, set on a peninsula that reaches into Linkhorn Bay near Crystal Lake on the city's North End.

$1.45M

Median sale · 12 mo

$482

Sold $/sq ft

9d

Days on market

10

For sale now

$135K

HH income

68.2%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Bay Colony
Map of Bay Colony with neighborhood boundaryNeighborhood

see more Virginia Beach homes

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

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$15,939/mo

Principal & interest

$14,035

Property tax

$1,116

Home insurance

$789

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

Why the land carries the value

Asking vs. assessment

196% of $1,380,100

City assessment record · taxes $13,386/yr

Land share of assessed value

61% — $845,000

Improvements $535,100 · 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.

Price context — similar nearby homes

$1,310,000$6,500,000

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.

111 44th ST · 0.6 mi · 5,734 sqft$3,350,000 sold 2026-04
920 Cardinal RD · 1 mi · 5,306 sqft$1,310,000 sold 2026-05
1149 York LN · 1.1 mi · 5,200 sqft$3,795,000 sold 2026-06

Sale & Tax History

List Price

$2,704,800

Price / Sq Ft

$478

Annual Taxes

$13,386

Monthly Tax

$1,116

HOA

None

Tax Rate (effective)

0.49%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 22, 2026$2,704,800
Price reducedJul 1, 2026$2,704,800−$55,200
SoldJun 30, 2026$2,704,800

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

96% above assessment

Total Assessed

$1,380,100

Land

$845,000

Improvement

$535,100

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 502 W Holly Rd in a good school zone?+
The assigned zones on the listing record are Linkhorn Park Elementary (GreatSchools 9/10), Virginia Beach Middle (GreatSchools 7/10), Frank W. Cox (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 502 W Holly Rd 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 W Holly Rd?+
Yes — Hillier Ignite Fitness Park is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 502 W Holly Rd?+
Virginia Beach Law Enforcement Officers Memorial is about 0.3 miles away.
Where is the nearest grocery store to 502 W Holly Rd?+
TASTE is about 0.2 miles away. The closest dining on record is TASTE (0.2 mi).
Does 502 W Holly Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 502 W Holly Rd built?+
It was built in 1951, 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 Keith Smedley · Atkinson Realty · REIN MLS #10633103

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

502 W Holly Rd, Virginia Beach, Virginia 23451 · MLS #10633103 · 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.