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$270,000
5321 Silvey Dr Dr
Norfolk, Virginia 23502
MLS# 10638963 · RIVER OAKS · Norfolk VA
Updated 11 hours ago · Source: REIN MLS
Est. payment
$1,741/mo
Edit below
Price / sq ft
$216
1,250 sq ft
Days on market
0
New listing
HOA
None
Year built
1953
73 yrs old
Beds
3
Full Baths
2
Half Baths
0
Sq Ft
1,250
Garage
No
Schools
- ElementaryIngleside Elementary School8/10
- MiddleNorview Middle School2/10
- 2/10
Info provided by GreatSchools
About this home
Welcome to 5321 Silvey Drive, a beautifully maintained 3-bedroom, 2-bath home offering approximately 1,250 square feet of comfortable living space in the heart of Norfolk. Step inside to find rich wood flooring flowing throughout the home and a bright, inviting layout designed for both everyday living and entertaining. The updated kitchen features stunning granite countertops, white shaker cabinetry, stainless steel…
Listed by Sebastian Martinez · Iron Valley Real Estate HR
VaHome Team property overview
5321 Silvey Drive is a 1,250-square-foot, three-bedroom, two-bath home in Norfolk, Virginia, built in 1953. Compact and efficient, it sits minutes from JEB Little Creek-Fort Story and offers easy access to the broader Hampton Roads area.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 5321 Silvey Drive apart is its combination of manageable square footage and genuine proximity to two major installations. At roughly nine minutes from JEB Little Creek-Fort Story and ten from USCG Base Portsmouth, the commute math works out well for active-duty households. The 1953 construction era means solid bones and a neighborhood that's had decades to mature around it.
RIVER OAKS and the Norfolk real estate market
Silvey Drive sits in an established residential pocket of Norfolk — a city that punches well above its weight when it comes to everyday livability. The streets here are quiet and tree-lined, with homes that reflect the mid-century character common to this part of the 23502 zip code. Neighbors tend to be long-timers, which gives the area a settled, community feel rather than a revolving-door vibe. Norfolk itself is one of the most dynamic cities on the East Coast, anchored by a world-class waterfront, a thriving arts district, and a food scene that keeps growing. If you're exploring norfolk virginia real estate, you'll find that the 23502 corridor offers a practical entry point into a city with a lot going on — without the congestion of the more tourist-heavy neighborhoods closer to the water. Getting around is straightforward: Interstate 64 is nearby, connecting you quickly to Virginia Beach, Chesapeake, and beyond. Daily errands, dining, and recreation are all within a short drive.
What's nearby
Everyday conveniences cluster close to Silvey Drive. Grocery runs are quick, with multiple options within a few miles. Military Ocean Terminal Lamberts Point and the broader Norfolk waterfront are accessible without a long haul. Northside Park and Little Creek Reservoir area parks give you outdoor breathing room. For coffee and casual dining, Military Highway and Little Creek Road corridors have solid options. Virginia Beach's Oceanfront is roughly 20 minutes east when you want a longer outing, and downtown Norfolk's restaurants and Waterside District are about 15 minutes in the other direction.
For different buyers
For military families relocating
Nine minutes to JEB Little Creek-Fort Story and ten to USCG Base Portsmouth — the commute from 5321 Silvey Drive is hard to argue with. For active-duty households navigating PCS orders, that kind of proximity reduces daily friction significantly. A VA loan can make ownership here straightforward, and the neighborhood's stability means you're not walking into an area in flux.
For first-time buyers
Three bedrooms, two baths, and 1,250 square feet is a smart footprint for a first home — enough space to live comfortably without taking on more than you need. The 1953 construction gives you a solid structure in a neighborhood that's already proven itself over decades. If you're exploring norfolk virginia realty for the first time, Silvey Drive offers a grounded starting point in a city with real long-term appeal.
Frequently asked questions
How far is 5321 Silvey Drive from JEB Little Creek-Fort Story?
The drive is approximately nine minutes under normal traffic conditions, making it one of the closer residential options to that installation in Norfolk. It's a straightforward route with no major bottlenecks.
How far is 5321 Silvey Drive from USCG Base Portsmouth?
USCG Base Portsmouth is about ten minutes from Silvey Drive, depending on the route and time of day. The proximity makes this address practical for Coast Guard personnel stationed there.
What is the flood zone status for 5321 Silvey Drive?
Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. Reviewing that section before making decisions is always a good idea in Hampton Roads.
Is there an HOA at 5321 Silvey Drive?
Based on available information, this property does not appear to be governed by a homeowners association, though you should confirm that detail during the due diligence process.
What is the general character of the neighborhood around Silvey Drive in Norfolk?
The area is a mid-century residential neighborhood with a settled, low-turnover feel — the kind of street where people tend to stay. It's primarily single-family homes, tree-lined, and convenient to both military installations and everyday amenities.
Want to know more about 5321 Silvey Drive or the surrounding Norfolk market? Tom and Dariya Milan are happy to walk you through it — reach out anytime.
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
0
Approx Sq Ft
1,250
Stories
1
Fireplaces
0
Flooring
Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$270,000
Price / Sq Ft
$216
Annual Taxes
$3,140
Monthly Tax
$262
HOA
None
Tax Rate (effective)
1.16%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 9, 2026 | $270,000 | — |
| Currently listed | — | $270,000 | — |
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 Norfolk
Homes for sale in Norfolk, VA range from historic district townhouses in Ghent (23507) and waterfront condos along the Elizabeth River to ranch-style family homes in Larchmont, Lochaven, and Lafayette-Winona. As the cultural and economic heart of Hampton Roads, Norfolk offers something for nearly every buyer: $200K starter homes in Ocean View (23503, 23518), $400K-$600K Craftsman bungalows in Ghent and West Ghent (23517), executive homes near Old Dominion University (23508), and luxury riverfront properties in Larchmont and Algonquin Park. Norfolk's biggest employer is Naval Station Norfolk — the largest naval base in the world — and the city is also home to Norfolk Naval Shipyard, Eastern Virginia Medical School, Old Dominion University, and Norfolk State University. The active-duty military and academic communities drive steady year-round demand. Public schools include Maury High School in Ghent and Granby High School in Ocean View, and historically strong specialty programs at the Governor's School for the Arts. Buyers searching the 23510 (downtown) and 23508 (West Ghent / ODU corridor) ZIP codes will find the strongest mix of urban walkability and historic architecture; 23503 and 23518 (Ocean View) offer the most affordable waterfront entry points in Hampton Roads. The Norfolk MLS inventory below updates every 5 minutes from the REIN feed.
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
$1,741/moPrincipal & interest
$1,401
Property tax
$262
Home insurance
$79
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 Iron Valley Real Estate HR · MLS# 10638963
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$270,000
5321 Silvey Dr DR, NORFOLK VA 23502
Norfolk, Virginia 23502
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