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Hampton › ELIZABETH LAKE ESTATES › 516 Elizabeth Lake Dr✓ Source: REIN MLS #10639747 · record updated Jun 22, 2026 · synced every 5 min · your inquiry is never resold
516 Elizabeth Lake DR, HAMPTON VA 23669 - Main photo
516 Elizabeth Lake DR, HAMPTON VA 23669 - Photo 2
516 Elizabeth Lake DR, HAMPTON VA 23669 - Photo 3
516 Elizabeth Lake DR, HAMPTON VA 23669 - Photo 4
516 Elizabeth Lake DR, HAMPTON VA 23669 - Photo 5
$390,000
$177 / sqft · est. $2,501/mo →
4beds
2.1baths
2,202sqft
2days on market

516 Elizabeth Lake Dr, Hampton, VA 23669

Under ContractResidential · built 1973 · ELIZABETH LAKE ESTATES

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bulkhead, Deep Water, Deep Water Access, Navigable, River, Tidal.

Frontage

River · Tidal ✓ VERIFIED

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Welcome to wonderful Elizabeth Lake Estates. This is an opportunity to own a 4br/2.5ba waterfront home on a beautiful section of the Hampton River for less than $400k. The home is being sold "as is" and priced to give the new homeowner a chance to make it theirs. The deep, navigable water allows you to travel by boat or kayak to downtown Hampton and beyond. Spacious two-car garage. Join the beautiful neighborhood pool or just enjoy the wonderful greenspace located in the interior of the neighborhood. Near Langley AFB, historic Ft Monroe, shopping, schools, and Gosnold's Hope Park.

Listing courtesy of Tommy Wiggins · Abbitt Realty Company LLC · REIN MLS #10639747

VaHome team overview

Our read on this home

At a glance

516 Elizabeth Lake Drive is a four-bedroom, two-and-a-half-bath home in Hampton, Virginia, offering 2,202 square feet of living space built in 1973. Sitting just six minutes from Joint Base Langley-Eustis, it's a practical, well-positioned address for military and civilian households alike.

Read the full overview ↓

Why this home stands out

What sets 516 Elizabeth Lake Drive apart is the combination of generous square footage — 2,202 feet across four bedrooms — and an almost unbeatable proximity to Langley AFB. Homes this close to the flight line that also offer this much interior space are genuinely hard to come by. Add a half-bath for guests, a 1973 construction era that typically means solid bones and mature lot landscaping, and you have a property that earns a second look on specs alone.

ELIZABETH LAKE ESTATES and the Hampton real estate market

Elizabeth Lake Drive sits in Hampton, Virginia — one of the oldest English-speaking settlements in the country and a city that has quietly become one of the most livable corners of the Hampton Roads region. The surrounding area carries the character of an established residential pocket: mature trees, wider lots than you'd find in newer subdivisions, and streets that feel genuinely settled rather than freshly stamped out of a development plan. Hampton itself spans from the waterfront at Chesapeake Bay to the inland neighborhoods near the base, giving residents access to both coastal recreation and everyday convenience without a long commute in either direction. The city's mix of mid-century homes and ongoing revitalization efforts means you get neighborhood stability alongside genuine momentum. For anyone weighing Hampton as a long-term address, the city's size — large enough for real amenities, small enough to feel like a community — is consistently one of its strongest selling points.

What's nearby

Daily life is easy from Elizabeth Lake Drive. Grocery runs are straightforward with options along Mercury Boulevard, one of Hampton's main commercial corridors, just a short drive away. Buckroe Beach and its waterfront park are within easy reach for weekend mornings or afternoon walks along the Chesapeake. Coliseum Central puts big-box retail, dining, and entertainment within a ten-to-fifteen-minute drive. Phoebus, Hampton's historic arts and dining district, is close enough for a weeknight dinner out. And for those who need to reach Newport News or Norfolk, Interstate 64 access keeps the broader Hampton Roads metro well within range.

For different buyers

For military families relocating

Six minutes to the front gate of Joint Base Langley-Eustis is about as close as Hampton gets. For active-duty airmen and their families, that drive time translates to real daily quality of life — more time at home, less time in traffic. A VA loan can make a four-bedroom home at this address a straightforward path to building equity right here in Hampton, close to everything the base community needs.

For families upgrading

Four bedrooms and 2,202 square feet give a growing family genuine room to spread out — dedicated space for a home office, a guest room, or the playroom that's been on the wish list. The 1973 build era typically means larger lot footprints and more mature landscaping than newer construction delivers, and the proximity to Buckroe Beach means weekends have a natural anchor point the whole family can use.

More buyer questions

How far is 516 Elizabeth Lake Drive from Joint Base Langley-Eustis?

The drive is approximately six minutes under normal traffic conditions, making this one of the closer residential addresses to the Langley side of the base in all of Hampton. That proximity is a meaningful daily quality-of-life factor for active-duty personnel.

How far is 516 Elizabeth Lake Drive from NSA Hampton Roads?

NSA Hampton Roads is roughly fourteen minutes away, keeping this address within a reasonable commute range for personnel assigned there as well.

What is the square footage and layout of 516 Elizabeth Lake Drive?

The home offers 2,202 square feet of living space configured across four bedrooms and two and a half bathrooms, with the half-bath providing practical guest accommodation on the main level.

Is 516 Elizabeth Lake Drive in a flood zone?

Flood zone status for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. Reviewing that information is always a recommended step before making an offer on any Hampton property.

What are the closest beaches and waterfront areas to 516 Elizabeth Lake Drive?

Buckroe Beach, one of Hampton's most popular public waterfront destinations on the Chesapeake Bay, is among the nearest options and is reachable in a short drive from Elizabeth Lake Drive.

Want to see 516 Elizabeth Lake Drive in person or get your questions answered? Tom and Dariya Milan at LPT Realty know this Hampton market well — reach out and let's talk.

Summary generated by AI from public records and publicly available information.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1973

Price / sqft

$177

HOA

None

Taxes

$4,360/yr

County

Hampton VA

Waterfront

Yes

MLS #

10639747

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 515527

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

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

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

$2,501/mo

Principal & interest

$2,024

Property tax

$363

Home insurance

$114

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.

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

$210,000 – $615,000

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.

120 E Kelly AVE · 2.2 mi · 2,200 sqft$417,000 sold 2026-04
122 E Kelly AVE · 2.2 mi · 2,200 sqft$417,000 sold 2026-03
936 Wilson LN · 2 mi · 2,410 sqft$615,000 sold 2026-01

Sale & Tax History

List Price

$390,000

Price / Sq Ft

$177

Annual Taxes

$4,360

Monthly Tax

$363

HOA

None

Tax Rate (effective)

1.12%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 20, 2026$390,000—
Currently listed—$390,000—

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:

Hampton 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

Real questions, answered from the record

Is 516 Elizabeth Lake Dr in a good school zone?+
The assigned zones on the listing record are Samuel P. Langley Elementary (GreatSchools 6/10), Benjamin Syms Middle (GreatSchools 4/10), Kecoughtan (GreatSchools 6/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 516 Elizabeth Lake Dr 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.
Is there a gym near 516 Elizabeth Lake Dr?+
Yes — Rising Lotus Yoga Studio is about 0.5 miles away, per the cached nearby-places record for this address.
Are there parks near 516 Elizabeth Lake Dr?+
Elizabeth Lake Estates Community Recreation Area is about 0.2 miles away.
Where is the nearest grocery store to 516 Elizabeth Lake Dr?+
Harris Teeter is about 0.4 miles away. The closest dining on record is McDonald's (0.4 mi).
Is 516 Elizabeth Lake Dr a waterfront property?+
Yes. The listing record shows: Bulkhead,Deep Water,Deep Water Access,Navigable,River,Tidal.
Does 516 Elizabeth Lake Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 516 Elizabeth Lake Dr built?+
It was built in 1973, 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 Tommy Wiggins · Abbitt Realty Company LLC · REIN MLS #10639747

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.

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

Call or text (757) 777-7577

516 Elizabeth Lake Dr, Hampton, Virginia 23669 · MLS #10639747 · 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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