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NorfolkELIZABETH PARK5207 Riverwood Rd✓ Source: REIN MLS #10630271 · record updated Jun 12, 2026 · synced every 2 min · your inquiry is never resold
5207 Riverwood RD, NORFOLK VA 23502 - Main photo
$599,900
$237 / sqft · est. $3,838/mo →
5beds
2.1baths
2,526sqft
57days on market

5207 Riverwood Rd, Norfolk, VA 23502

Off MarketResidential · built 1970 · ELIZABETH PARK

Chapter · The Water

Life on the water

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

Frontage

River ✓ VERIFIED

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Welcome Home to this sprawling ranch on an oversized double lot directly on the Elizabeth River. Opportunities are endless when it comes to making this timeless residence your dream Home all with serene, breathtaking views to accompany. Enter onto your inviting front porch into your spacious foyer. Formal dining and living rooms are in the front of the home open to one another for entertaining breeze. Further off foyer is large great room with fireplace open concept to kitchen with newer appliances, and newer LVP floors throughout. This rambling ranch features a long hall with 4 bedrooms, one of which is primary with ensuite bath and dual closets. This room is on the rear of the residence creating opportunity to expand space and views. Three additional bedrooms and updated hall bath complete this part of the residence. Off kitchen is access to laundry, half bath, garage, and large FROG that is 5th bedroom. Backyard is huge, w/ parking pad, grassy areas, & views galore. Call Today!

Listing courtesy of Cole Hart · Own Real Estate LLC · REIN MLS #10630271

VaHome team overview

Our read on this home

At a glance

5207 Riverwood Road sits on nearly a full acre in Elizabeth Park — a rarity inside Norfolk city limits. The 1970-built home delivers five bedrooms, two and a half baths, and 2,526 square feet, all within eight minutes of two major military installations.

Read the full overview ↓

Why this home stands out

A lot approaching one acre is genuinely hard to find in Norfolk, and that's the headline here. The property gives you room to breathe — space for a garden, a play area, or simply a backyard that doesn't feel like a postage stamp. Pair that with five bedrooms across 2,526 square feet in a quiet residential neighborhood, and 5207 Riverwood Road stands apart from the typical in-city offering.

ELIZABETH PARK and the Norfolk real estate market

Elizabeth Park is one of those neighborhoods where the streets feel unhurried and the lots are generous. Established in the mid-twentieth century, the area has a settled, mature character — older trees, brick ranch-style homes, and neighbors who tend to stay. It sits in the eastern section of Norfolk, tucked between Military Highway and the Elizabeth River corridor, which keeps it well-connected without the traffic noise of busier corridors. If you've been searching through houses for sale in Norfolk and felt like everything either lacked space or lacked location, Elizabeth Park tends to change that impression. The neighborhood is part of Norfolk proper, meaning you're inside city limits with full access to city services, while still enjoying a pace that feels more suburban. The surrounding streets are walkable for everyday errands, and the overall feel is one of a community that's been here a while and intends to stay.

What's nearby

Daily life is genuinely easy from Riverwood Road. Poplar Hall Park is just half a mile away — a natural first stop for morning walks or weekend afternoons outside. Lecove Park adds another green option under a mile out. For groceries, Royal Bazaar Indian Asian Market and Trinidad Latin Store are both within 0.8 miles, giving you solid variety close to home. When you want to eat out, Hot Dogs by Garrett, Haven Inn Bar & Grill, and Cool Flames Cafe are all within the same short radius. Cool Flames Cafe doubles as a coffee stop, and Tim Hortons is just a mile away for your morning routine. Planet Fitness rounds things out at 0.8 miles for anyone keeping a consistent workout schedule.

For different buyers

For military families relocating

USCG Base Portsmouth and Norfolk Naval Shipyard are each about eight minutes from the front door — a commute that's hard to beat anywhere in Hampton Roads. For service members using a VA loan or working through BAH calculations, the location makes the math straightforward. Five bedrooms means room for a growing family, a dedicated home office, or a guest room for family visiting during deployment homecomings.

For families upgrading

If your current home is feeling tight, 5207 Riverwood Road answers that in a direct way. Five bedrooms give everyone their own space, and nearly a full acre of yard means kids and pets have real room to run. The established Elizabeth Park neighborhood has the kind of quiet, tree-lined character that families tend to put at the top of their list — and it's hard to buy a house in Norfolk with this much land at this address.

More buyer questions

How far is 5207 Riverwood Road from USCG Base Portsmouth?

The drive from 5207 Riverwood Road to USCG Base Portsmouth takes approximately eight minutes under typical conditions. The route is straightforward via Military Highway, making it one of the more convenient commutes in the area.

How far is 5207 Riverwood Road from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is also about eight minutes from the property, making this address well-positioned for personnel assigned to either installation. Both bases are accessible without navigating the heaviest Norfolk traffic corridors.

What is the lot size at 5207 Riverwood Road?

The lot measures 0.9916 acres — just under a full acre, which is unusually large for a residential property inside Norfolk city limits. It offers significant outdoor space compared to most homes in the surrounding area.

Is 5207 Riverwood Road in a flood zone?

Flood zone information for this property is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. We recommend reviewing that section and consulting with your lender or insurer for the most accurate assessment.

What parks are near 5207 Riverwood Road?

Poplar Hall Park is the closest option at roughly half a mile away, and Lecove Park is under a mile from the property. Both offer accessible green space for outdoor activities without a long drive.

Ready to walk the property and see that lot in person? Tom and Dariya Milan at LPT Realty know Elizabeth Park well — reach out to schedule a visit at your convenience.

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

1970

Price / sqft

$237

HOA

None

Taxes

$6,608/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10630271

Interior

Bedrooms
5
Full baths
2
Half baths
1
Approx. sqft
2,526
Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
10
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, Attic, Breakfast Area, Foyer, PBR with Bath, Pantry, Porch, Utility Room
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool
Waterfront
Deep Water,Navigable,River
Deep-water access
Yes

Utilities & systems

Heating
Nat Gas
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.9916
Subdivision
ELIZABETH PARK
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car
Possession
CLOSING
Disclosures
Disclosure Statement

See more Norfolk waterfront homes.

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

Flood & environment

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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

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

In the Norview & Town Point neighborhood of Norfolk. 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

$3,838/mo

Principal & interest

$3,113

Property tax

$551

Home insurance

$175

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

Asking vs. assessment

112% of $537,200

City assessment record · taxes $6,608/yr

Land share of assessed value

50% — $268,000

Improvements $269,200 · assessor record ✓

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

$385,000$784,000

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.

653 Ingleside RD · 0.7 mi · 2,423 sqft$784,000 sold 2026-07
3575 Mississippi AVE · 0.7 mi · 2,377 sqft$445,000 sold 2026-05
3731 Brennan AVE · 0.4 mi · 2,200 sqft$415,000 sold 2026-02

Sale & Tax History

List Price

$599,900

Price / Sq Ft

$237

Annual Taxes

$6,608

Monthly Tax

$551

HOA

None

Tax Rate (effective)

1.10%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 16, 2026$599,900
Price reducedMay 19, 2026$599,900−$10,000
Currently listed$599,900

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

12% above assessment

Total Assessed

$537,200

Land

$268,000

Improvement

$269,200

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.

Questions buyers ask

Real questions, answered from the record

Is 5207 Riverwood Rd in a good school zone?+
The assigned zones on the listing record are Lake Taylor School (GreatSchools 3/10), Lake Taylor School (GreatSchools 3/10), BT Washington. School attendance zones can change — always confirm enrollment with the local school division.
Is 5207 Riverwood Rd 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 5207 Riverwood Rd?+
Yes — Planet Fitness is about 0.8 miles away, per the cached nearby-places record for this address.
Are there parks near 5207 Riverwood Rd?+
Poplar Hall Park is about 0.5 miles away.
Where is the nearest grocery store to 5207 Riverwood Rd?+
Royal Bazaar Indian Asian Market is about 0.8 miles away. The closest dining on record is Hot Dogs by Garrett (0.8 mi).
Is 5207 Riverwood Rd a waterfront property?+
Yes. The listing record shows: Deep Water,Navigable,River.
Does 5207 Riverwood Rd have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 5207 Riverwood Rd built?+
It was built in 1970, 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 Cole Hart · Own Real Estate LLC · REIN MLS #10630271

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

5207 Riverwood Rd, Norfolk, Virginia 23502 · MLS #10630271 · 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.