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Virginia Beach › SUMMERSET LAKE › 5500 Summer Cres✓ Source: REIN MLS #10616338 · record updated Mar 2, 2026 · synced every 2 min · your inquiry is never resold
5500 Summer CRES, VIRGINIABEACH VA 23462 - Main photo
5500 Summer CRES, VIRGINIABEACH VA 23462 - Photo 2
$2,400
$1 / sqft · est. $13/mo →
3beds
2.1baths
1,782sqft
40days on market

5500 Summer Cres, Virginia Beach, VA 23462

RentedRental · built 2001 · SUMMERSET LAKE

Chapter · The Water

Life on the water

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

Frontage

Lake ✓ VERIFIED

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

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 flotation devices, kayaks, canoes, paddle and electric boats. Association rules and regs apply!

Listing courtesy of Lisa Chandley · The Real Estate Group · REIN MLS #10616338

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Rental

Year built

2001

Price / sqft

$1

HOA

None

County

Virginia Beach VA

Waterfront

Yes

MLS #

10616338

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,782
Stories
2
Flooring
Ceramic, Wood
Ensuite bedrooms
1
Other rooms
Attic, Balcony, Breakfast Area, PBR with Bath, Pantry
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Refrigerator, Washer, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Transitional
Foundation
Slab
Roof
Asphalt Shingle
Pool
No Pool
Waterfront
Lake

Utilities & systems

Heating
Nat Gas
Cooling
Central Air
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.0000
Subdivision
SUMMERSET LAKE
Unit / floor
1
Garage
Yes
Parking
Garage Att 1 Car, Driveway Spc
Possession
NEG
Disclosures
Noise < 65 dB, None

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · 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

Aragona Village

Aragona Village is one of Virginia Beach's original large-scale subdivisions, with groundbreaking in 1955 and the first residents moving in around 1956.

$350K

Median sale · 12 mo

$255

Sold $/sq ft

11d

Days on market

13

For sale now

$78K

HH income

63.2%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Aragona Village →
Map of Aragona Village with neighborhood boundaryNeighborhood

browse Virginia Beach listings →

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

$13/mo

Principal & 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.

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

$352,000 – $545,000

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.

4708 Fairway AVE · 2.6 mi · 1,800 sqft$430,000 sold 2026-06
5032 Churchill CT · 2.7 mi · 1,767 sqft$480,000 sold 2026-04
5232 Gale DR · 2.8 mi · 1,800 sqft$495,000 sold 2026-03

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)

EventDatePriceDetail
ListedMar 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:

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 Summer Cres in a good school zone?+
The assigned zones on the listing record are Luxford Elementary (GreatSchools 6/10), Bayside Middle (GreatSchools 4/10), Bayside (GreatSchools 4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 5500 Summer Cres 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 Summer Cres?+
Yes — Witchduck Training Facility is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 5500 Summer Cres?+
Northridge Park is about 0.1 miles away.
Where is the nearest grocery store to 5500 Summer Cres?+
Boulevard Stop Mart - Krispy Krunchy Chicken is about 0.4 miles away. The closest dining on record is Krispy Krunchy Chicken (0.4 mi).
Is 5500 Summer Cres a waterfront property?+
Yes. The listing record shows: Lake.
Does 5500 Summer Cres have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 5500 Summer Cres built?+
It was built in 2001, 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 Lisa Chandley · The Real Estate Group · REIN MLS #10616338

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.

5500 Summer Cres, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

5500 Summer Cres, Virginia Beach, Virginia 23462 · MLS #10616338 · 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.

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