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Virginia BeachLAKE JAMES5408 Montague Cir✓ Source: REIN MLS #10631198 · record updated Jun 24, 2026 · synced every 2 min · your inquiry is never resold
5408 Montague CIR, VIRGINIABEACH VA 23464 - Main photo
$475,000
$196 / sqft · est. $2,980/mo →
5beds
2.1baths
2,418sqft
61days on market

5408 Montague Cir, Virginia Beach, VA 23464

Off MarketResidential · built 1982 · LAKE JAMES

About this home

The listing, in the seller's words

Are you a buyer looking for your forever home?! This is the one! Explore the option of a 203k renovation loan and customize this home to fit your needs! Are you an investor looking for your next project?! This is one you don't want to miss out on. Nestled in the heart of the desirable Lake James community, this home boasts location, size, amenities and endless potential. Reach out today to schedule your own private tour!

Listing courtesy of Kristina Price · EXP Realty LLC · REIN MLS #10631198

VaHome team overview

Our read on this home

At a glance

Meet 5408 Montague Circle — a five-bedroom, 2.1-bath home on a quarter-acre lot in Virginia Beach's Lake James neighborhood. Built in 1982, the 2,418-square-foot layout gives everyone room to spread out, and daily errands are steps away from your front door.

Read the full overview ↓

Why this home stands out

Five bedrooms in a single-family home under 2,500 square feet is a rare find — the floor plan works hard, carving out space for a home office, guest room, or playroom without wasted hallways. The 0.23-acre lot adds genuine outdoor breathing room in a neighborhood where lots this size are increasingly uncommon. Add two military installations within 15 minutes and a grocery store literally around the corner, and the address earns its keep on pure practicality alone.

LAKE JAMES and the Virginia Beach real estate market

Lake James sits in the heart of Virginia Beach, one of those quietly established neighborhoods that doesn't need to shout. Streets curve gently through mature tree canopy, lots run a generous size by city standards, and the overall feel is settled and residential without being sleepy. Neighbors here have typically been around long enough to wave hello, and the pace reflects that. Virginia Beach itself is the largest city by land area in the commonwealth — part coastal resort, part military hub, part sprawling suburban grid — and Lake James lands you squarely in the functional, well-connected middle of it. You're close to the heron ridge golf course virginia beach corridor that anchors recreation in this part of the city, and you're equally close to the commercial spine along South Independence Boulevard, which keeps grocery runs, coffee stops, and fitness classes all within a half-mile radius. The neighborhood carries no HOA, which means no monthly dues and no architectural review board second-guessing your fence.

What's nearby

Groceries are genuinely walkable from 5408 Montague Circle — ALDI is 0.3 miles out, and Delicate Oriental Grocery and Enson Market both sit within 0.4 miles for specialty and international staples. Hungry on a weekday morning? JAM Cafe and Camino Real are each about 0.3 miles away, and a Starbucks Coffee Company lands at 0.4 miles for the daily ritual. Planet Fitness and Higher Vision Studios are both within a half-mile, with Jess Yoga just a touch farther at 0.6 miles. For outdoor time, New Light Neighborhood Park is 0.7 miles out, and Cedar Hill Park and Whitehurst Grove Park round out the options under a mile.

For different buyers

For military families relocating

USCG Finance Center Chesapeake is roughly seven minutes away, and Norfolk Naval Shipyard sits about 13 minutes out — making 5408 Montague Circle a genuinely practical base for military households. Five bedrooms handle deployments, homecomings, and visiting family without anyone sleeping on a couch. VA loan eligibility can stretch further on a home this size in this zip code, and BAH rates for the Virginia Beach area align well with this price tier.

For families upgrading

If you've outgrown a three-bedroom and need room for a growing household, 5408 Montague Circle delivers five bedrooms across 2,418 square feet — enough for kids, a dedicated workspace, and a guest room that doesn't double as a storage closet. The 0.23-acre lot gives kids actual yard space, and the walkable cluster of parks, grocery stores, and restaurants means less time in the car on weekday evenings.

More buyer questions

How far is 5408 Montague Circle from USCG Finance Center Chesapeake?

The drive typically runs about seven minutes, making it one of the closer residential options to that installation in Virginia Beach. Routing is straightforward with minimal highway exposure.

How far is 5408 Montague Circle from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately 13 minutes by car from Montague Circle under normal traffic conditions. The route connects via South Military Highway, which is a well-traveled corridor for shipyard commuters.

Is 5408 Montague Circle in an HOA?

No — Lake James does not carry a mandatory HOA, so there are no monthly association dues or governing restrictions tied to this address.

What is the flood zone status for 5408 Montague Circle?

Flood zone designation for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. It's worth reviewing before making any decisions, as Virginia Beach has varied flood exposure across its neighborhoods.

Are there walkable amenities near 5408 Montague Circle?

Yes — an ALDI grocery store is 0.3 miles away, JAM Cafe and Camino Real are both within 0.3 miles, and a Starbucks Coffee Company sits at 0.4 miles. Planet Fitness and New Light Neighborhood Park are both reachable in under a mile.

Tom and Dariya Milan at LPT Realty know Lake James and the surrounding Virginia Beach market well. Reach out to talk through this address or anything else on your list.

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

1982

Price / sqft

$196

HOA fee

$29/mo

Taxes

$4,168/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10631198

HOA association includes

Boat Slip

$29/mo HOA fee · Lake James · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
5
Full baths
2
Half baths
1
Approx. sqft
2,418
Stories
2
Flooring
Carpet, Parquet, Vinyl
Ensuite bedrooms
1
Total rooms
9
Other rooms
Attic, Fin. Rm Over Gar, PBR with Bath, Pantry, Utility Room
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Elec Range, Refrigerator, Washer, Washer Hookup
Equipment
Attic Fan, Cable Hookup, Ceiling Fan, Gar Door Opener

Construction & exterior

Style
Colonial
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

Heating
Heat Pump, Programmable Thermostat, Zoned
Cooling
Central Air, Zoned
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.2300
Subdivision
LAKE JAMES
Zoning
R10
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

Flood & environment

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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

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

Explore this neighborhood

Lake Christopher

Lake Christopher is a scenic family-friendly neighborhood known for its beautiful waterfront views, lake-oriented recreational amenities, parks, and convenient shopping access.

1

For sale now

$100K

HH income

83.7%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Lake Christopher
Map of Lake Christopher with neighborhood boundaryNeighborhood

houses for sale in Virginia Beach

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

$2,980/mo

Principal & interest

$2,465

Property tax

$347

Home insurance

$139

PMI

None

HOA

$29

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

111% of $429,700

City assessment record · taxes $4,168/yr

Land share of assessed value

38% — $165,000

Improvements $264,700 · 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

$480,900$629,000

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.

1704 Macgregory St · 0.6 mi · 2,300 sqft$629,000 sold 2026-04
5196 Eagle Run RD · 0.8 mi · 2,501 sqft$530,500 sold 2026-06
5104 Long Beach CT · 0.6 mi · 2,200 sqft$530,000 sold 2026-04

Sale & Tax History

List Price

$475,000

Price / Sq Ft

$196

Annual Taxes

$4,168

Monthly Tax

$347

HOA fee

$29 / mo

Tax Rate (effective)

0.88%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 24, 2026$475,000
Currently listed$475,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

11% above assessment

Total Assessed

$429,700

Land

$165,000

Improvement

$264,700

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

Real questions, answered from the record

Is 5408 Montague Cir in a good school zone?+
The assigned zones on the listing record are Fairfield Elementary (GreatSchools 5/10), Brandon Middle (GreatSchools 6/10), Tallwood (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 5408 Montague Cir 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 5408 Montague Cir 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 Lake James. Association amenities on record include: Boat Slip.
When was 5408 Montague Cir built?+
It was built in 1982, 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 Kristina Price · EXP Realty LLC · REIN MLS #10631198

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

5408 Montague Cir, Virginia Beach, Virginia 23464 · MLS #10631198 · 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.