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NorfolkBAY POINT5049 Ocean Way✓ Source: REIN MLS #10644447 · record updated Jul 16, 2026 · synced every 2 min · your inquiry is never resold
5049 Ocean WAY, NORFOLK VA 23518 - Main photo
5049 Ocean WAY, NORFOLK VA 23518 - Photo 2
5049 Ocean WAY, NORFOLK VA 23518 - Photo 3
5049 Ocean WAY, NORFOLK VA 23518 - Photo 4
5049 Ocean WAY, NORFOLK VA 23518 - Photo 5
$770,000
$270 / sqft · est. $4,979/mo →
4beds
2.1baths
2,850sqft
0days on market

5049 Ocean Way, Norfolk, VA 23518

New ListingResidential · built 2001 · BAY POINT

About this home

The listing, in the seller's words

Tucked away on a quiet cul-de-sac in Bay Breeze Point, this beautifully updated home offers the coastal lifestyle you've been searching for. Just a short stroll or golf cart ride away to the neighborhood beach access and local East Beach shops. The natural light fills the home, showcasing stunning bamboo floors, a beautifully remodeled kitchen with quarts countertops, an induction stove and wall mounted oven/microwave combo (2017). A primary suite featuring a renovated bath with dual vanities, a floating bathtub and large walk in shower (2017). Just off the main living area, step onto a spacious composite deck overlooking mature landscaping, inviting you for morning coffee or outdoor dining. Just minutes from local restaurants, breweries, marinas, military bases, shopping, Norfolk Int Airport, this move in ready home is positioned for you to enjoy the best of Ocean View living.

Listing courtesy of Mel Volland · EXP Realty LLC · REIN MLS #10644447

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

2001

Price / sqft

$270

HOA fee

$14/mo

Taxes

$8,939/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10644447

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,850
Stories
2
Flooring
Bamboo, Ceramic
Ensuite bedrooms
1
Total rooms
8
Other rooms
Attic, Balcony, Foyer, Loft, PBR with Bath, Pantry, Porch
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
Equipment
Ceiling Fan

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Full
Waterfront
Not Waterfront

Utilities & systems

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

Lot, parking & ownership

Subdivision
BAY POINT
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, 2 Space, Off Street, Driveway Spc
Possession
SETTLEMENT
Disclosures
Common Interest Community

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

Flood & environment

The flood answer first — quantified, not buried

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk

Looking up FEMA flood 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.

$1.21M

Median sale · 12 mo

$337

Sold $/sq ft

9d

Days on market

4

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

$4,979/mo

Principal & interest

$3,995

Property tax

$745

Home insurance

$225

PMI

None

HOA

$14

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

Judge value on real ground

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

$735,000$1,210,000

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.

4758 Pleasant AVE · 0.1 mi · 3,079 sqft$827,500 sold 2026-02
9536 25th Bay ST · 0.3 mi · 3,000 sqft$1,210,000 sold 2026-05
4764 Pleasant AVE · 0.1 mi · 3,100 sqft$858,000 sold 2026-04

Sale & Tax History

List Price

$770,000

Price / Sq Ft

$270

Annual Taxes

$8,939

Monthly Tax

$745

HOA fee

$14 / mo

Tax Rate (effective)

1.16%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 16, 2026$770,000
Currently listed$770,000

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.

Market tempo

0 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 5049 Ocean Way in a good school zone?+
The assigned zones on the listing record are Lake Taylor School (GreatSchools 3/10), Azalea Gardens Middle, Lake Taylor (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 5049 Ocean Way 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.
Does 5049 Ocean Way have an HOA?+
Yes — HOA dues are on record for this property (the current amount is shown in the facts section on this page). The association of record is N/A.
When was 5049 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 Mel Volland · EXP Realty LLC · REIN MLS #10644447

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.

5049 Ocean Way, Norfolk — photo

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

Call or text (757) 777-7577

5049 Ocean Way, Norfolk, Virginia 23518 · MLS #10644447 · 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.