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✓ Source: REIN MLS #10655346 · record updated Nov 7, 2026 · synced every 2 min · your inquiry is never resold
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$459,900est. $2,856/mo all-in · adjust →
3beds
2baths
1,239sqft
$371per sqft
43days on market

525 Hillshire Way, Virginia Beach, VA 23454

Under ContractResidential · built 1992 · OCEAN LAKES · MLS #10655346

Price per sqft$371compare with nearby salesSchools
Ocean LakesHigh8.2
Corporate LandingMiddle6.5
Ocean LakesElementary7.5
VaHome School ScoreFlood
Low / moderate riskZone X
flood insurance not requiredHOA$30/moOcean Lakes Community AssociationEst. payment$2,856/moall-in · 20% down · 6.75% · adjustPrice since listing…checking price historyTaxes$3,668/yrasking is 122% of assessmentCondo feeNAnot a condo

OverviewAbout this home

Come enjoy a rare wonderfully updated 3 bed ranch on a dead end street with a pool. Enjoy the wonderful community amenities in Ocean Lakes w/ 3 community pools, tennis and basketball courts and multiple playgrounds. Walk up to a large front porch and into an open concept living area with vaulted ceilings and wood burning fireplace. Flows nicely in to the kitchen which has been tastefully updated with solid wood cabinets and granite counters. Nice sized bedrooms with updated bathrooms round out the living area. The backyard is an adorable little oasis that is wonderful for entertaining with a large shed that can double as a poolhouse. This home is nicely located near schools, shopping, great restaurants, beaches and military bases.

Listing courtesy of Aric Martinez · Thrive Realty · REIN MLS #10655346

Facts & features

TypeResidential
Year built1992
Price / sqft$371
HOA fee$30/mo
Taxes$3,668/yr
CountyVirginia Beach VA
MLS #10655346

HOA association includes

ClubhousePlaygroundsPoolTennis Cts

$30/mo HOA fee · Ocean Lakes Community Association · per the REIN MLS listing record. Confirm inclusions with the association.

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,239
Stories
1
Flooring
Ceramic, Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
5
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Foyer, PBR with Bath, Pantry, Porch, Utility Closet
Appliances
Dishwasher, Disposal, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Slab
Roof
Composite
Exterior
Vinyl
Pool
In Ground Pool
Fencing
Back Fenced,Full,Privacy

Utilities & systems

Heating
Nat Gas
Cooling
Central Air, Heat Pump
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
OCEAN LAKES
Zoning
PDH2
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Multi Car, Driveway Spc, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

525 Hillshire Way sits in Virginia Beach just two minutes from Dam Neck Annex. It's a three-bedroom, two-bath home built in 1992 with 1,239 square feet. Two parks are within a short walk. This address puts everyday life within easy reach.

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23454, homes for sale zoned for Ocean Lakes High School, and homes for sale zoned for Ocean Lakes Elementary School. Nearby, look at South Shore Estates homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Read the full overview ↓

Why this home stands out

What sets 525 Hillshire Way apart is the location. Dam Neck Annex is literally two minutes away, and NAS Oceana is about nine. Two separate park areas — Pine Meadows West Park and Pine Meadows Park — sit within a quarter mile. COCO's Cuisine is right across the street at 0.2 miles. For a 1,239-square-foot home, the access to green space and dining this close is genuinely hard to match among Virginia Beach homes for sale.

OCEAN LAKES and the Virginia Beach real estate market

The streets around Hillshire Way have a quiet, settled feel. Homes here were mostly built in the late 1980s and early 1990s, giving the area a consistent look without feeling monotonous. Lots are modest in size, and mature trees line many of the blocks. The Pine Meadows park system threads through the neighborhood, so green space is never far. It's the kind of street where people walk dogs in the evening and kids ride bikes on the sidewalk. Virginia Beach is one of the largest cities by land area on the East Coast. That size means you get real variety — oceanfront, suburban, and rural pockets all within city limits. The 23454 zip code sits in the southern part of the city, close to the resort strip but without the tourist traffic. Getting around is straightforward, with Indian River Road and General Booth Boulevard both nearby. Anyone comparing homes for sale in 23454 will notice how well this pocket balances access to the base corridor with everyday suburban convenience.

What's nearby

COCO's Cuisine is 0.2 miles away — close enough to walk on a nice evening. The Galley is about a mile out and offers another solid dining option. Pine Meadows West Park is also 0.2 miles from the front door, with Pine Meadows Park just a bit farther at 0.3 and 0.4 miles. That means multiple park entrances are within easy walking distance. Whether you want a morning run, a place to throw a frisbee, or just somewhere to sit outside, the options are right here.

For different buyers

Base commute and VA loan notes

Dam Neck Annex is about a two-minute drive from 525 Hillshire Way. NAS Oceana is roughly nine minutes out. VA loan financing is widely used in this part of Virginia Beach, and the home's 1992 build means it typically clears VA appraisal requirements without issue. The short base commute is one of the strongest practical arguments for this address.

For first-time buyers

At 1,239 square feet across three bedrooms and two baths, this home gives you room to settle in without overwhelming upkeep. The 1992 build means major systems are established. Two parks within walking distance add outdoor space beyond the lot itself. If you are weighing homes for sale in Virginia Beach at this size and price point, the proximity to parks, dining, and the base corridor makes this one worth a close look.

More buyer questions

How far is 525 Hillshire Way from Dam Neck Annex?

Dam Neck Annex is about a two-minute drive from 525 Hillshire Way. It's one of the closest residential streets to the base in this part of Virginia Beach.

How far is 525 Hillshire Way from NAS Oceana?

NAS Oceana is roughly nine minutes away by car. That puts two major installations within a short commute of this address.

What parks are near 525 Hillshire Way?

Pine Meadows West Park is 0.2 miles away, and Pine Meadows Park has entrances at 0.3 and 0.4 miles. All three are walkable from the front door.

Is 525 Hillshire Way in a flood zone?

Flood zone information for this address is covered in the FloodRisk tile on this page. Check that section for the current FEMA designation.

Are there homes for sale zoned for Ocean Lakes High School near this address?

Yes — 525 Hillshire Way falls within the zone covering homes for sale zoned for Ocean Lakes High School and homes for sale zoned for Ocean Lakes Elementary School. The Schools tile on this page has full zone details.

Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well. Reach out to get a straight answer on this address and what it takes to move forward.

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

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighOcean Lakes High School
8.2/10
Up 0.2 from 2024–25
MiddleCorporate Landing Middle School
6.5/10
Up 0.2 from 2024–25
ElementaryOcean Lakes Elementary School
7.5/10
Down 0.4 from 2024–25

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Homes like this one sell fast — see the next one first

Virginia Beach$390K – $530K3+ beds

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Military Commute

Drive times to nearest bases

Dam Neck

Navy

9min·3mi

NAS Oceana

Navy

13min·5mi

Little Creek

Navy

32min·19.7mi

USCG Finance Ctr

Coast Guard

28min·17.2mi

NNSY

Navy

31min·23.8mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

8 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone B

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

Explore this neighborhoodSouth Shore Estates

South Shore Estates is a lakefront area in southeast Virginia Beach. It sits off General Booth Boulevard near Nimmo Parkway and the Red Mill area, in the 23454 zip code.

$799KMedian sale · 12 mo
$263Sold $/sq ft
14dDays on market
1For sale now
$128KHH income
85.9%Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore South Shore Estates →
Map of South Shore Estates with neighborhood boundaryNeighborhood

Virginia Beach houses for sale →

CostPayment calculator

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

$2,826/mo

Principal & interest

$2,386

Property tax

$306

Home insurance

$134

PMI

None

HOA/Condo (paid separately)

$30

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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 & historyComparables

Asking vs. assessment122% of $378,100City assessment record · taxes $3,668/yr
Land share of assessed value44% · $166,000Improvements $212,100 · assessor record ✓
Price context: similar nearby homes$320,000 – $445,000The 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.
819 Avatar DR · 0.3 mi · 1,370 sqft$435,000 sold 2026-05
1709 Da Vinci DR · 0.6 mi · 1,400 sqft$420,000 sold 2026-03
1852 Haviland DR · 0.9 mi · 1,348 sqft$445,000 sold 2026-08

Own a home nearby? See what it is worth today: What's your Virginia Beach home worth?

Sale & Tax History

List Price

$459,900

Price / Sq Ft

$371

Annual Taxes

$3,668

Monthly Tax

$306

HOA fee

$30 / mo

Tax Rate (effective)

0.80%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 25, 2026$459,900—
Price reducedOct 10, 2026$459,900−$10,000
Currently listed—$459,900—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

22% above assessment

Total Assessed

$378,100

Land

$166,000

Improvement

$212,100

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:

Virginia Beach 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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
525 Hillshire Waythis home$459,900321,239$371
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions buyers ask

Is 525 Hillshire Way in a good school zone?
The assigned zones on the listing record are Ocean Lakes Elementary (VaHome School Score 7.5/10), Corporate Landing Middle (VaHome School Score 6.5/10), Ocean Lakes (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 525 Hillshire 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 525 Hillshire 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 Ocean Lakes Community Association. Association amenities on record include: Clubhouse, Playgrounds, Pool, Tennis Cts.
When was 525 Hillshire Way built?
It was built in 1992, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.

Tom and Dariya Milan

Tom & Dariya Milan | LPT Realty

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525 Hillshire Way, Virginia Beach, Virginia 23454 · MLS #10655346 · 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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