15 days on market
$475,000
5408 Montague Cir
Virginia Beach, Virginia 23464
MLS# 10631198 · LAKE JAMES · Virginia Beach VA
Updated May 3, 2026 · Source: REIN MLS
Est. payment
$2,951/mo
Edit below
Price / sq ft
$196
2,418 sq ft
Days on market
15
HOA
None
Year built
1982
44 yrs old
Beds
5
Full Baths
2
Half Baths
1
Sq Ft
2,418
Garage
Yes
Schools
- ElementaryFairfield Elementary School5/10
- MiddleBrandon Middle School6/10
- 7/10
Info provided by GreatSchools
About this home
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 t…
Listed by Kristina Price · EXP Realty LLC
VaHome Team property overview
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.
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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.
Frequently asked 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.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
5
Full Baths
2
Half Baths
1
Approx Sq Ft
2,418
Stories
2
Fireplaces
0
Flooring
Carpet, Parquet, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Energy Star Appliance(s), Elec Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$475,000
Price / Sq Ft
$196
Annual Taxes
$4,168
Monthly Tax
$347
HOA
None
Tax Rate (effective)
0.88%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 25, 2026 | $475,000 | — |
| Currently listed | — | $475,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$429,700
Land
$165,000
Improvement
$264,700
Parcel ID: 14651792830000 · View on city GIS portal
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 Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.
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
$2,951/moPrincipal & interest
$2,465
Property tax
$347
Home insurance
$139
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 EXP Realty LLC · MLS# 10631198
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$475,000
5408 Montague CIR, VIRGINIABEACH VA 23464
Virginia Beach, Virginia 23464
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