Home/Virginia/Virginia Beach/SAJO FARM/5480 Memorial DR, VIRGINIABEACH VA 23455
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Coming Soon
Active
Under Contract
Sold
Off Market

2 days on market

$799,900

5480 Memorial Dr

Virginia Beach, Virginia 23455

MLS# 10624939 · SAJO FARM · Virginia Beach VA

Updated Apr 1, 2026 · Source: REIN MLS

Est. payment

$4,943/mo

Edit below

Price / sq ft

$268

2,986 sq ft

Days on market

2

New listing

HOA

None

Year built

2009

17 yrs old

Beds

5

Full Baths

3

Half Baths

0

Sq Ft

2,986

Garage

Yes

ResidentialFarmhouse2 StoryCondoWaterfront — Dock, Lake

Schools

Info provided by GreatSchools

About this home

Welcome to 5480 Memorial Drive in the sought-after Sajo Farms community. This meticulously maintained home is one of the larger models in the neighborhood and offers expansive living spaces with an exceptional layout designed for comfort and entertaining. The property features beautiful views of Lake Smith, creating a peaceful waterfront setting with wild life right in your backyard. A private dock is already in plac…

Listed by Al Lozito · The Real Estate Group

Location & Neighborhood

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Flood Risk

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Property Details

Bedrooms

5

Full Baths

3

Half Baths

0

Approx Sq Ft

2,986

Stories

2

Fireplaces

0

Flooring

Carpet, Ceramic, Laminate/LVP, Wood

Heating

Electric,Forced Hot Air,Heat Pump,Nat Gas

Cooling

Central Air,Heat Pump

Laundry

Interior Features

Cathedral Ceiling, Fireplace Gas-natural, Pull Down Attic Stairs, Scuttle Access, Walk-In Closet, Window Treatments

Appliances

Dishwasher, Disposal, Dryer Hookup, Elec Range, Refrigerator, Washer Hookup

Sale & Tax History

List Price

$799,900

Price / Sq Ft

$268

Annual Taxes

$6,711

Monthly Tax

$559

HOA

None

Tax Rate (effective)

0.84%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 7, 2026$799,900
Currently listed$799,900

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.

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.

See more Virginia Beach homes for sale →

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.

Estimate your monthly payment

$4,943/mo

Principal & interest

$4,151

Property tax

$559

Home insurance

$233

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 The Real Estate Group · MLS# 10624939

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

SOLD

$799,900

5480 Memorial DR, VIRGINIABEACH VA 23455

Virginia Beach, Virginia 23455

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Quick Facts

TypeResidential
Year Built2009
Lot Size
Taxes$6,711/yr
HOANone
HeatingElectric,Forced Hot Air,Heat Pump,Nat Gas
CoolingCentral Air,Heat Pump

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