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Virginia BeachLAKE CYPRESS5500 Fountain Ct✓ Source: REIN MLS #10637376 · record updated Jul 1, 2026 · synced every 5 min · your inquiry is never resold
5500 Fountain CT, VIRGINIABEACH VA 23462 - Main photo
$290,000
$172 / sqft · est. $2,026/mo →
2beds
2.1baths
1,690sqft
8days on market

5500 Fountain Ct, Virginia Beach, VA 23462

SoldResidential · built 1990 · LAKE CYPRESS

Chapter · The Water

Life on the water

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

Frontage

Pond ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

Do not miss your opportunity to own this spacious end unit townhome style condo with a direct waterfront view of Lake Cypress. This home with an open concept main floor, makes entertaining & relaxing easy and flawless. Chill by the fireplace or on the private patio. Fresh paint, newer floors and kitchen with granite tops & S/s appliances. The primary bedroom boasts a private gas fireplace and sitting room to be comfortable & cozy. Updated secondary bath with gorgeous tile shower. Large walk-in closets in both bedrooms provide ample storage. You cannot beat the views and accessibility to the lake for catch and release fishing! Mere minutes away from interstate access.

Listing courtesy of Barbara Terranova · BHHS RW Towne Realty · REIN MLS #10637376

VaHome team overview

Our read on this home

At a glance

5500 Fountain CT is a 1,690-square-foot, two-bedroom, two-and-a-half-bath home in Virginia Beach built in 1990. With groceries, parks, and dining all within a short walk and JEB Little Creek-Fort Story just seven minutes away, daily life here is genuinely convenient.

Read the full overview ↓

Why this home stands out

What sets 5500 Fountain CT apart is the combination of walkable everyday errands and quick base access that's hard to find in one package. Three grocery options sit within half a mile, a cluster of parks frames the neighborhood, and the drive to JEB Little Creek-Fort Story clocks in at roughly seven minutes — making this address a practical fit for a wide range of lifestyles without sacrificing neighborhood calm.

LAKE CYPRESS and the Virginia Beach real estate market

5500 Fountain CT sits in the interior of Virginia Beach, a city that consistently attracts buyers from across the country — and for good reason. The surrounding area has a lived-in, established feel: mature trees, accessible streets, and a mix of neighbors who've been here for decades alongside newer arrivals. Virginia Beach is one of the most populous cities on the East Coast, yet individual neighborhoods like this one hold onto a quieter, residential rhythm. When people search for real estate companies in virginia beach, they're often drawn to areas exactly like this — close to everything without being swallowed by it. The city's economy is anchored by a strong military presence, a thriving tourism corridor along the oceanfront, and a growing tech and healthcare sector inland. Virginia Beach also sits at the heart of Hampton Roads, giving residents easy reach to Norfolk, Chesapeake, and the broader metro area. Whether you're drawn here for work, family, or the lifestyle, this address puts you in a genuinely central position.

What's nearby

Everyday errands are easy from 5500 Fountain CT. Food Lion is just 0.3 miles away, and both Newtown Baker Crossing and Grand Mart sit within 0.4 miles — so grocery runs rarely require planning. For a quick bite, Alisa's Food is two-tenths of a mile out, while Sunset Caribbean Grill and El Paisa Colombian Restaurant add international flavor within a third of a mile. Vida Nutrition is a short walk when you want something beyond a standard coffee stop. Green space is plentiful too: Lake Edward Park is 0.2 miles away, Lake Edward North Park is just beyond that, and Newsome Farm Park rounds out the options at 0.4 miles. FitnessVibes757 and Williams Farm Recreation Center — including its outdoor FitLot fitness park — keep active routines easy to maintain.

For different buyers

For military families relocating

JEB Little Creek-Fort Story is a seven-minute drive from 5500 Fountain CT, and USCG Base Portsmouth is reachable in about fourteen. That kind of base proximity matters on PCS moves when every minute of the commute counts. A VA loan can make this two-bedroom, two-and-a-half-bath home even more accessible — and working with experienced realtors in virginia beach who know military timelines can smooth the whole process.

For families upgrading

At 1,690 square feet with two bedrooms and two and a half baths, 5500 Fountain CT offers a comfortable footprint for a household ready to trade up from a starter space. The parks within walking distance — Lake Edward Park, Lake Edward North Park, and Newsome Farm Park — mean outdoor time doesn't require loading up the car. Add in three nearby grocery options and a handful of local dining spots, and the day-to-day logistics of family life get noticeably simpler.

More buyer questions

How far is 5500 Fountain CT from JEB Little Creek-Fort Story?

JEB Little Creek-Fort Story is approximately seven minutes from 5500 Fountain CT under normal traffic conditions, making it one of the closer residential options to that installation in Virginia Beach.

What grocery stores are near 5500 Fountain CT?

Three grocery options sit within 0.4 miles: Food Lion at 0.3 miles, and both Newtown Baker Crossing and Grand Mart at 0.4 miles — so stocking up is rarely a major errand.

Are there parks within walking distance of 5500 Fountain CT?

Yes — Lake Edward Park is 0.2 miles away, Lake Edward North Park is 0.3 miles, and Newsome Farm Park is 0.4 miles, giving you multiple green spaces within easy walking range.

Is 5500 Fountain CT in a flood zone?

Flood zone information for this address is available through the FloodRisk tile on this page, which pulls current FEMA map data for the property.

What is the square footage and layout of 5500 Fountain CT?

The home offers 1,690 square feet of living space with two bedrooms and two and a half bathrooms, built in 1990.

Curious about 5500 Fountain CT or similar homes in Virginia Beach? Tom and Dariya Milan at LPT Realty are ready to walk you through everything — reach out anytime.

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

1990

Price / sqft

$172

Condo fee

$223/mo

Taxes

$2,559/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10637376

Condo association includes

Ground MaintTrash Pickup

$223/mo condo fee · Lake Cypress Condominium · per the REIN MLS listing record — confirm inclusions with the association.

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

Flood & environment

The flood answer first — quantified, not buried

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

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

$2,026/mo

Principal & interest

$1,505

Property tax

$213

Home insurance

$85

PMI

None

HOA

$223

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

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

$210,000$415,000

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.

828 Gas Light LN · 0 mi · 1,728 sqft$275,000 sold 2026-05
808 Diploma CT · 0.5 mi · 1,450 sqft$225,000 sold 2026-03
5665 Dodington CT · 0.4 mi · 1,396 sqft$210,000 sold 2026-02

Sale & Tax History

List Price

$290,000

Price / Sq Ft

$172

Annual Taxes

$2,559

Monthly Tax

$213

Condo fee

$223 / mo

Tax Rate (effective)

0.88%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 23, 2026$290,000
Price increasedJul 1, 2026$290,000+$4,100
SoldJun 30, 2026$290,000

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:

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 5500 Fountain Ct in a good school zone?+
The assigned zones on the listing record are Tri-Campus Elementary, Bayside Middle (GreatSchools 4/10), Bayside (GreatSchools 4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 5500 Fountain Ct 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.
Is there a gym near 5500 Fountain Ct?+
Yes — FitnessVibes757 is about 0.5 miles away, per the cached nearby-places record for this address.
Are there parks near 5500 Fountain Ct?+
Lake Edward Park is about 0.2 miles away.
Where is the nearest grocery store to 5500 Fountain Ct?+
Food Lion is about 0.3 miles away. The closest dining on record is Alisa's Food (0.2 mi).
Is 5500 Fountain Ct a waterfront property?+
Yes. The listing record shows: Pond.
Does 5500 Fountain Ct 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 Lake Cypress Condominium. Association amenities on record include: Ground Maint, Trash Pickup.
When was 5500 Fountain Ct built?+
It was built in 1990, 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 Barbara Terranova · BHHS RW Towne Realty · REIN MLS #10637376

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.

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

5500 Fountain Ct, Virginia Beach, Virginia 23462 · MLS #10637376 · 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.