63 days on market
$530,000
516 Clara Ln
Virginia Beach, Virginia 23451
MLS# 10624219 · BEACH BOROUGH · Virginia Beach VA
Updated May 12, 2026 · Source: REIN MLS
Est. payment
$3,281/mo
Edit below
Price / sq ft
$248
2,136 sq ft
Days on market
63
HOA
None
Year built
2018
8 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
2,136
Garage
Yes
About this home
This 3 floor condo is elegant and comfortable. Very convenient to tons of restaurants, shopping, and entertainment being in the middle of the Oceanfront, Hilltop, and The Vibe. 2nd floor opens up to a generous living room, kitchen, and dining room space. So many updates! Electric warming fireplace, bar area with 2 small refrigerators, and shelving. Upgraded light fixtures in kitchen, customized backsplash, striking b…
Listed by Nan Harbour · The Real Estate Group
VaHome Team property overview
516 Clara Lane is a 2018-built, 3-bedroom, 2.1-bath home in Virginia Beach's Beach Borough neighborhood — just six minutes from NAS Oceana and a short ride to the Atlantic shore, offering modern construction in a location that's hard to beat.
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Why this home stands out
Built in 2018, this 2,136-square-foot home skips the quirks of older Virginia Beach stock — no deferred maintenance surprises, no dated floor plans. Beach Borough sits in a sweet spot between the oceanfront energy and everyday convenience, and 516 Clara Lane gives you that address with a layout that actually fits how people live today. Three bedrooms, two and a half baths, and a footprint that feels generous without being overwhelming.
BEACH BOROUGH and the Virginia Beach real estate market
Beach Borough is one of those Virginia Beach neighborhoods that rewards people who look past the obvious oceanfront zip codes. It sits just inland from the resort strip, which means you get the coastal lifestyle — salt air, proximity to the beach, that easy-going Hampton Roads pace — without the tourist-season congestion right outside your door. The surrounding area is a genuine mix of long-time locals and newer residents drawn by the neighborhood's access and value. While buyers searching condos for sale in Virginia Beach often focus on the Oceanfront or Town Center corridors, Beach Borough offers something a little different: a quieter residential feel with the same short drives to everything that makes Virginia Beach worth living in. Virginia Beach as a city brings the full package — a robust economy, a strong military presence anchored by NAS Oceana, miles of coastline, and a parks system that punches above its weight. Beach Borough plugs you right into all of it.
What's nearby
Daily errands are easy from 516 Clara Lane. Grab a quick bite at Pizza Hut or Surf Rider Birdneck, both within two-tenths of a mile, or head to Smoke Shack when you want something with more personality. Neptune's Cafe and Smoke Shop is a short walk for coffee, and McDonald's is just 0.4 miles out. Fitness options are unusually dense here — The Heart Space, Corrective Kinesiology Health and Fitness, and GoodGood Studio are all within three-tenths of a mile. When you need green space, Tidewater Veterans Memorial Park, Seatack North Park, and Beach Garden Park are all about a half-mile away and give you real room to decompress.
For different buyers
For military families relocating
NAS Oceana is six minutes away, and Dam Neck Annex is eight — that's about as dialed-in as a Virginia Beach address gets for dual-base households. A VA loan pairs naturally with a 2018-built home like this one: no major repair concerns, solid construction, and BAH rates in this area that align well with the price range. Less commute stress means more time at home.
For families upgrading
If you've outgrown your current place, 516 Clara Lane's 2,136 square feet and three-bedroom layout give you real room to spread out — without the upkeep burden of an older home. Built in 2018, the systems are young, the finishes are current, and the half-bath on the main level is the kind of practical detail that makes a difference once you're actually living there. Beach Borough's parks and green spaces nearby are a genuine bonus for active families.
Frequently asked questions
How far is 516 Clara Lane from NAS Oceana?
NAS Oceana is approximately six minutes from 516 Clara Lane by car, making this one of the more convenient Virginia Beach addresses for personnel stationed there. Dam Neck Annex is only about eight minutes away as well.
What neighborhood is 516 Clara Lane in?
The home is located in Beach Borough, a residential neighborhood in Virginia Beach that sits between the oceanfront resort area and the city's inland communities — close to the coast without being in the thick of the tourist corridor.
How old is the home at 516 Clara Lane?
The home was built in 2018, making it relatively new construction by Virginia Beach standards — meaning mechanical systems, roofing, and major components are still in their early years.
Is 516 Clara Lane 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 parks are near 516 Clara Lane?
Tidewater Veterans Memorial Park, Seatack North Park, and Beach Garden Park are all within about a half-mile of the home, giving you several accessible options for outdoor time without a long drive.
Want to know more about 516 Clara Lane or Beach Borough? Tom and Dariya Milan at LPT Realty are local experts — reach out and they'll walk you through everything.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
2,136
Stories
3
Fireplaces
0
Flooring
Carpet, Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Microwave, Gas Range, Refrigerator, Washer
Sale & Tax History
List Price
$530,000
Price / Sq Ft
$248
Annual Taxes
$4,522
Monthly Tax
$377
HOA
None
Tax Rate (effective)
0.85%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 11, 2026 | $530,000 | — |
| Currently listed | — | $530,000 | — |
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:
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
$3,281/moPrincipal & interest
$2,750
Property tax
$377
Home insurance
$155
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 The Real Estate Group · MLS# 10624219
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$530,000
516 Clara LN, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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