13 days on market
$224,500
5041 Gatehouse Way
Virginia Beach, Virginia 23455
MLS# 10628115 · LAKE SHORES · Virginia Beach VA
Updated Apr 29, 2026 · Source: REIN MLS
Est. payment
$1,393/mo
Edit below
Price / sq ft
$196
1,148 sq ft
Days on market
13
New listing
HOA
None
Year built
1990
36 yrs old
Beds
2
Full Baths
2
Half Baths
0
Sq Ft
1,148
Garage
No
About this home
A great opportunity to own a first floor unit in the sought after Shore Drive corridor. Close to the Base, Beaches, bike paths, Botanical Gardens, the airport, shopping and mass transit. Chic's Beach is less than 5 minutes away. Located 3 short miles to Town Center. This condo offers 2 bedrooms and 2 full bathrooms, fireplace, luxury vinyl flooring & open kitchen and updated bathrooms. This unit has a nice private pa…
Listed by Jeanine Montgomery · Howard Hanna Real Estate Svcs.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
2
Full Baths
2
Half Baths
0
Approx Sq Ft
1,148
Stories
1
Fireplaces
0
Flooring
Laminate/LVP
Heating
Electric,Forced Hot Air,Heat Pump
Cooling
16+ SEER A/C,Central Air
Laundry
Interior Features
Bar, Cathedral Ceiling, Fireplace Wood, Window Treatments
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$224,500
Price / Sq Ft
$196
Annual Taxes
$1,947
Monthly Tax
$162
HOA
None
Tax Rate (effective)
0.87%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 22, 2026 | $224,500 | — |
| Currently listed | — | $224,500 | — |
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:
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 Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.
Military Commute
Drive times to nearest basesDrive 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
$1,393/moPrincipal & interest
$1,165
Property tax
$162
Home insurance
$65
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 Howard Hanna Real Estate Svcs. · MLS# 10628115
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$224,500
5041 Gatehouse WAY, VIRGINIABEACH VA 23455
Virginia Beach, Virginia 23455
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