Why this home stands out
What sets 5049 Ocean Way apart is the rare combination of size, location, and lifestyle access. At 2,850 square feet with four bedrooms, it delivers genuine room to spread out — yet you're a three-minute drive from JEB Little Creek-Fort Story and within easy walking distance of waterfront restaurants, neighborhood parks, and a local co-op market. That kind of everyday convenience is hard to find at this scale in Norfolk.
BAY POINT and the Norfolk real estate market
Ocean Way sits in the East Beach corridor of Norfolk — one of the city's most livable coastal pockets, where tree-lined streets meet a genuine neighborhood feel without sacrificing access to the water. The area developed steadily through the late 1990s and early 2000s, and the homes here reflect that era's emphasis on square footage and solid construction. You're in Virginia Beach's shadow but firmly in Norfolk, which means city services, a tight-knit community identity, and proximity to the naval installations that anchor this region. East Beach itself has become a destination in its own right — the kind of neighborhood where residents walk to dinner, jog past the fountain square, and know their neighbors. Norfolk as a whole offers a rich mix of culture, waterfront access, and military community infrastructure, and this corner of the 23518 zip code captures the best of that without the congestion of downtown. It's a grounded, well-connected place to put down roots.
What's nearby
Daily life is easy from 5049 Ocean Way. Riffle Farms Market & Co-op is just 0.6 miles away for fresh, local groceries. When you'd rather let someone else cook, Surf Rider Bay Point is a four-minute walk, and both Longboards East Beach Waterfront Dining and Tiki Bar and Magnolia and Marlin are under a mile. COVA Brewing Company is 0.7 miles out for a casual evening. Fitness options are plentiful — East Beach Training Studio, Fit Body Boot Camp, and the Little Creek Gym are all within a mile. Pleasant Avenue Park is just 0.3 miles away, with Garden Pergola Park and East Beach Fountain Square and Park both under a 15-minute walk.
For different buyers
For military families relocating
Three minutes to JEB Little Creek-Fort Story and 14 minutes to Naval Station Norfolk — 5049 Ocean Way is about as well-positioned as it gets for dual-base households. The 2,850 square feet gives everyone room to breathe during deployments and homecomings alike, and a VA loan can make this kind of space more accessible than many families expect.
For families upgrading
If your current home feels like it's shrinking, 5049 Ocean Way answers with four bedrooms and 2,850 square feet built for real family life. You're steps from multiple parks, a neighborhood co-op, and waterfront restaurants — the kind of everyday environment where kids can actually walk somewhere and parents don't have to drive for everything.
More buyer questions
How far is 5049 Ocean Way from JEB Little Creek-Fort Story?
The drive is approximately 3 minutes — JEB Little Creek-Fort Story is one of the closest major installations to this address in the entire Norfolk area, making it an exceptionally practical location for service members stationed there.
How far is 5049 Ocean Way from Naval Station Norfolk?
Naval Station Norfolk is roughly 14 minutes by car, making it a realistic daily commute for sailors and civilians working on base.
What is the neighborhood like around 5049 Ocean Way?
The East Beach corridor is a well-established coastal neighborhood with a walkable, community-oriented feel — parks, waterfront dining, and a local co-op market are all within half a mile, and the streets are quiet without feeling isolated.
Is 5049 Ocean Way in a flood zone?
Flood zone status for this address is detailed in the FloodRisk tile on this page — we recommend reviewing that section and consulting with your agent or lender for the most current FEMA designation.
Does 5049 Ocean Way have a garage?
Garage details for this property are best confirmed through the current listing documentation or a walkthrough — contact Tom or Dariya Milan for specifics on parking and storage configuration.
Want to see 5049 Ocean Way in person? Tom and Dariya Milan know this neighborhood well — reach out to schedule a walkthrough and get your questions answered.
