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Norfolk › BAY POINT › 5027 Ocean Way✓ Source: REIN MLS #10647989 · record updated Aug 21, 2026 · synced every 2 min · your inquiry is never resold
5027 Ocean WAY, NORFOLK VA 23518 - Main photo
$3,200
$2 / sqft · est. $18/mo →
3beds
2.1baths
2,025sqft
15days on market

5027 Ocean Way, Norfolk, VA 23518

RentedRental · built 2001 · BAY POINT

Facts & features

Type

Rental

Year built

2001

Price / sqft

$2

HOA

None

County

Norfolk VA

MLS #

10647989

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
2,025
Stories
2
Flooring
Carpet, Ceramic, Vinyl, Wood
First-floor bed & full bath
Yes
Other rooms
1st Floor Primary BR, Attic, Breakfast Area, Foyer, PBR with Bath, Pantry, Utility Room
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener
Accessibility
Front-mounted Range Controls, Main Floor Laundry

Construction & exterior

Style
Contemp
Foundation
Crawl
Roof
Asphalt Shingle
Pool
No Pool
Fencing
Partial,Wood Fence

Utilities & systems

Heating
Nat Gas
Cooling
Central Air
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
BAY POINT
Unit / floor
1
Garage
Yes
Parking
Garage Att 1 Car, Driveway Spc
Possession
10-14-26
Disclosures
Common Interest Community, Noise < 65 dB

See more Norfolk homes under $200K.

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

About this home

The perfect cozy cottage by the sea available 10-14-26! A home where neighbors are friends and people love to gather, complete with a backyard made for hosting with a multi-level deck and large outdoor circular paver patio with loads of built-in seating. All landscaped to utter perfection! A Bay Point stunner nestled on a quiet cul-de-sac in a darling beachfront community and full of awesome natural light. A customized open floor-plan with vaulted ceilings and gleaming wood floors. A formal dining room is centered perfectly between the living area and open eat-in kitchen with granite counters, higher-end stainless steel appliances, a breakfast bar, and pantry! Oh my! Upstairs features an interior balcony overlooking your family room with walls of windows, custom built-ins, and gas fireplace on 1 side and your 2-story foyer and a sparkling chandelier on the other - SWEET! All of this and spacious bedrooms, nicely separated by a large hall and a 1st floor primary suite with vaulted ceilings, walk-in custom closets, and an elegant private bath. A 2-car garage PLUS attic space to hold all of your goodies. Just look at those PICS! Beaches, marina, military bases, scenic parks, breweries, dining and night life galore. Pet friendly case-by-case for well qualified applicants with deposit. App fee is $55 per person – all occupants 18+ must apply. Credit reporting agency is Experian. Denied applicants can request a free copy of their Experian report, if desired. Applicants must be able to move in within two weeks of the availability date and have credit scores over 600.

Listing courtesy of Stephanie Clark · RE/MAX Alliance · REIN MLS #10647989

Keep searching in Norfolk

See all Norfolk homes for sale, including homes for sale in 23518, homes for sale zoned for Lake Taylor High School, and homes for sale zoned for Little Creek Elementary School. Browse every listing among homes for sale in Norfolk — updated from the REIN MLS every few minutes. Nearby, look at Broad Bay Point Greens homes for sale, Norfolk waterfront homes for sale, Norfolk condos and townhomes for sale, and new construction homes in Norfolk.

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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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

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

Explore this neighborhood

Broad Bay Point Greens

Broad Bay Point Greens is a waterfront golf-course neighborhood in the Great Neck area of northeastern Virginia Beach, just off Great Neck Road and bordered by Broad Bay and Dey Cove.

$1.19M

Median sale · 12 mo

$351

Sold $/sq ft

9d

Days on market

2

For sale now

$186K

HH income

94.5%

Owner-occupied

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

Explore Broad Bay Point Greens →
Map of Broad Bay Point Greens with neighborhood boundaryNeighborhood

Norfolk homes for sale →

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

$18/mo

Principal & interest

$17

Property tax

$0

Home insurance

$1

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

Price context — similar nearby homes

$351,600 – $437,000

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.

4341 Pinter LN · 0.7 mi · 1,850 sqft$411,000 sold 2026-08
2933 Dominion AVE · 1.4 mi · 2,000 sqft$437,000 sold 2026-03
8033 Ransom RD #B · 0.8 mi · 1,765 sqft$375,377 sold 2026-08

Sale & Tax History

List Price

$3,200

Price / Sq Ft

$2

Annual Taxes

N/A

Monthly Tax

N/A

HOA

None

Tax Rate (effective)

N/A

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 6, 2026$3,200—
SoldAug 21, 2026$3,200—

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:

Norfolk 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 5027 Ocean Way in a good school zone?+
The assigned zones on the listing record are Little Creek Elementary (VaHome School Score 2/10), Azalea Gardens Middle, Lake Taylor (VaHome School Score 1.9/10). School attendance zones can change — always confirm enrollment with the local school division.
Does 5027 Ocean Way have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 5027 Ocean Way built?+
It was built in 2001, 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 Stephanie Clark · RE/MAX Alliance · REIN MLS #10647989

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

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5027 Ocean Way, Norfolk — photo

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

Call or text (757) 777-7577

5027 Ocean Way, Norfolk, Virginia 23518 · MLS #10647989 · 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.

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