

40 days on market
$2,400
5500 Summer Cres
Virginia Beach, Virginia 23462
MLS# 10616338 · SUMMERSET LAKE · Virginia Beach VA
Updated Mar 2, 2026 · Source: REIN MLS
Est. payment
$13/mo
Edit below
Price / sq ft
$1
1,782 sq ft
Days on market
40
HOA
None
Year built
2001
25 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,782
Garage
Yes
Schools
- ElementaryLuxford Elementary School6/10
- MiddleBayside Middle School4/10
- 5/10
Info provided by GreatSchools
About this home
NEW PAINT!!! Outstanding waterfront view at this lake front property is truly captivating! You will love where you live. Inside enjoy a bright welcoming living room with tons of natural light. Stylish open floor plan and open kitchen with eat-in bar. Walk in closets. Dual master bath sinks. Pet friendly with owner approval. Relax and enjoy maintenance-free living. Approved water craft include personal flotati…
Listed by Lisa Chandley · The Real Estate Group
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
1
Approx Sq Ft
1,782
Stories
2
Fireplaces
0
Flooring
Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$2,400
Price / Sq Ft
$1
Annual Taxes
N/A
Monthly Tax
N/A
HOA
None
Tax Rate (effective)
N/A
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 30, 2026 | $2,400 | — |
| Currently listed | — | $2,400 | — |
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
$13/moPrincipal & interest
$12
Property tax
$0
Home insurance
$1
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# 10616338
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$2,400
5500 Summer CRES, VIRGINIABEACH VA 23462
Virginia Beach, Virginia 23462
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