✓ Source: REIN MLS #10659797 · record updated Oct 29, 2026 · synced every 2 min · your inquiry is never resold

5288 Summer CRES, VIRGINIA BEACH VA 23462 - Main photo

$319,500

3beds

2baths

1,636sqft

0days on market

5288 Summer Cres, Virginia Beach, VA 23462

SoldResidential · built 1999 · SUMMERSET LAKE

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Lake.

Frontage

Lake ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1999

Price / sqft

$195

Condo fee

$400/mo

Taxes

$2,909/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10659797

Condo association includes

Ground MaintTrash PickupWater

$400/mo condo fee · SUMMERSET LAKE CONDOMINIUM ASSOCIATION · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms: 3
Full baths: 2
Approx. sqft: 1,636
Stories: 1
Flooring: Carpet, Laminate/LVP, Vinyl
Ensuite bedrooms: 1
First-floor bed & full bath: Yes
Total rooms: 7
Other rooms: 1st Floor BR, 1st Floor Primary BR, Balcony, Breakfast Area, Foyer, PBR with Bath, Pantry
Appliances: Dishwasher, Dryer, Microwave, Elec Range, Refrigerator, Washer
Equipment: Ceiling Fan, Gar Door Opener
Accessibility: Curbless Shower, Grab bars, Hallways 42 IN plus, Level Flooring, Low Pile Carpet, Main Floor Laundry

Construction & exterior

Style: Apartment, Ranch, Townhouse
Subtype: Attached
Foundation: Crawl, Slab
Roof: Asphalt Shingle
Exterior: Brick,Vinyl
Pool: No Pool
Waterfront: Lake

Utilities & systems

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

Lot, parking & ownership

Subdivision: SUMMERSET LAKE
Unit / floor: 1
Zoning: A12
Ownership: Condo
Garage: Yes
Parking: Garage Att 1 Car, Multi Car, Driveway Spc
Possession: SETTLEMENT
Miscellaneous: Pet Restrictions
Disclosures: Common Interest Community, Disclosure Statement, Resale Certif Req

See more Virginia Beach waterfront homes.

Sources: REIN MLS record

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23462, homes for sale zoned for Bayside High School, and homes for sale zoned for Luxford Elementary School. Nearby, look at Aragona Village homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

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$270K – $370K3+ beds

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Schools

VaHome School Score

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

ElementaryLuxford Elementary School
Down 0.6 from 2024–254.9/10
MiddleBayside Middle School
Up 0.6 from 2024–254.3/10
HighBayside High School
Up 0.1 from 2024–257.1/10

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.

Flood & environment

Flood Risk

Looking up FEMA flood zone…

Explore this neighborhood

Aragona Village

Aragona Village is one of Virginia Beach's first big subdivisions. Ground broke in 1955. People moved into the first homes around 1956. It was developed in six sections on roughly 900 acres of old dairy-farm land.

$351K

Median sale · 12 mo

$247

Sold $/sq ft

13d

Days on market

For sale now

$78K

HH income

63.2%

Owner-occupied

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

Explore Aragona Village →

Neighborhood

Virginia Beach real estate →

Military Commute

Drive times to nearest bases

Little Creek

Navy

17min·6.9mi

NAS Oceana

Navy

24min·14.3mi

USCG Portsmouth

Coast Guard

15min·9.4mi

USCG Finance Ctr

Coast Guard

18min·11.3mi

NNSY

Navy

17min·10.5mi

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

Payment 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

$1,993/mo

Down payment20% · $63,900

Interest rate6.75%

Loan term30 years

Principal & interest

$1,658

Property tax

$242

Home insurance

$93

PMI

None

HOA/Condo (paid separately)

$400

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 & history

Comparables

Price context — similar nearby homes

$220,088 – $425,000

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.

5123 Richard Rd · 0.4 mi · 1,610 sqft$315,000 sold 2026-03

560 Brian AVE · 0.4 mi · 1,403 sqft$385,000 sold 2026-06

828 Gas Light LN · 1.1 mi · 1,728 sqft$275,000 sold 2026-05

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

Sale & Tax History

List Price

$319,500

Price / Sq Ft

$195

Annual Taxes

$2,909

Monthly Tax

$242

Condo fee

$400 / mo

Tax Rate (effective)

0.91%

Sale Timeline (this listing)

Event	Date	Price	Detail
Listed	Oct 29, 2026	$319,500	—
Sold	Oct 29, 2026	$319,500	—

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.

Questions buyers ask

Is 5288 Summer Cres in a good school zone?+

The assigned zones on the listing record are Luxford Elementary (VaHome School Score 4.9/10), Bayside Middle (VaHome School Score 4.3/10), Bayside (VaHome School Score 7.1/10). School attendance zones can change — always confirm enrollment with the local school division.

Is 5288 Summer Cres a waterfront property?+

Yes. The listing record shows: Lake.

Does 5288 Summer Cres have a condo association?+

Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is SUMMERSET LAKE CONDOMINIUM ASSOCIATION. Association amenities on record include: Ground Maint, Trash Pickup, Water.

When was 5288 Summer Cres built?+

It was built in 1999, 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

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads

Listing courtesy of Nichole Harrison · Prodigy Realty · REIN MLS #10659797

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

5288 Summer Cres, Virginia Beach — photo

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in Virginia Beach Call or text (757) 777-7577

5288 Summer Cres, Virginia Beach, Virginia 23462 · MLS #10659797 · 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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