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Virginia Beach › FAIR MEADOWS › 5501 Larry Ave✓ Source: REIN MLS #10655364 · record updated Oct 7, 2026 · synced every 2 min · your inquiry is never resold
5501 Larry AVE, VIRGINIA BEACH VA 23462 - Main photo
5501 Larry AVE, VIRGINIA BEACH VA 23462 - Photo 2
5501 Larry AVE, VIRGINIA BEACH VA 23462 - Photo 3
5501 Larry AVE, VIRGINIA BEACH VA 23462 - Photo 4
5501 Larry AVE, VIRGINIA BEACH VA 23462 - Photo 5
3beds
2baths
1,160sqft
13days on market

5501 Larry Ave, Virginia Beach, VA 23462

ActiveResidential · built 1955 · FAIR MEADOWS

Chapter · The Water

Life on the water

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

Frontage

Marsh ✓ VERIFIED

Dock

Dock

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1955

Price / sqft

$276

HOA

None

Taxes

$2,695/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10655364

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,160
Stories
1
Flooring
Laminate/LVP, Vinyl, Wood
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, Porch
Appliances
220 V Elec, Dishwasher, Range, Refrigerator
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Other
Pool
No Pool
Waterfront
Dock,Marsh
Deep-water access
Yes

Utilities & systems

Heating
Basebd, Electric
Cooling
Central Air, Heat Pump
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.3271
Subdivision
FAIR MEADOWS
Zoning
R10
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Garage Det 1 Car, 4 Space, Driveway Spc
Possession
SETTLEMENT
Miscellaneous
Fixer Upper
Disclosures
Pending Building or Zone Violations

See more Virginia Beach waterfront homes.

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

About this home

Rare lakefront find in sought-after hidden gem neighborhood! Occupied by this family since 1970! 3 bedroom ranch on 1/3 acre. Deep lot. Classic brick and cedar he with original hardwood floors throughout. Enjoy fishing frm your own dock, kayaking/canoeing and watching wildlife from wooded yard and expansive covered patio! Attached garage and long double width driveway. Newer huge metal garage behind house for car/motorcycle enthusiast, hobbies or mancave/she-shed! Central location just minutes to 264 & 64. 15 mins to Oceanfront or downtown Norfolk/Portsmouth. Newer roof, HVAC 3 years old, newer blown insulation in attic. Ready for your ideas to update and make your own. Cul-de-sac street in quiet and friendly neighborhood. Kempsville schools!

Listing courtesy of April Ford · Feels Like Home · REIN MLS #10655364

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

5501 Larry Ave is a 3-bedroom, 2-bath home in Virginia Beach, built in 1955 and offering 1,160 square feet. It sits in the 23462 zip code, close to groceries, parks, and two military installations. JEB Little Creek-Fort Story is about 10 minutes away.

Read the full overview ↓

Why this home stands out

What sets 5501 Larry Ave apart is its location at the intersection of everyday convenience and quick base access. Asia Grocery is literally steps away. Southside Barbell and Pink Pearl Gymnastics are both within a quarter mile. Three parks sit within a mile. The 1955 build gives the home solid bones, and the compact 1,160-square-foot layout means lower utility costs and easier upkeep.

FAIR MEADOWS and the Virginia Beach real estate market

The streets around Larry Ave are lined with mid-century ranch homes, most built in the 1950s and 1960s. Lots are modest, yards are manageable, and the pace is quiet without feeling remote. This part of Virginia Beach sits in the Kempsville area, one of the city's more established inland corridors. Neighbors here tend to stay a while, and the streets reflect that kind of settled character. Virginia Beach is one of the largest cities by land area on the East Coast, and that scale works in your favor. You get genuine suburban breathing room without sacrificing access to the oceanfront, the Chesapeake Bay shoreline, or the region's major employment centers. Interstate 264 and Virginia Beach Boulevard connect this zip code to Norfolk, Chesapeake, and beyond in under 30 minutes most days. Anyone comparing homes for sale in 23462 will find this corridor punches above its weight for walkability and daily convenience.

What's nearby

Daily errands are easy from 5501 Larry Ave. Asia Grocery and Tira's Foods are both 0.1 miles away, and Black Rifle Coffee Company is just 0.2 miles down the road for your morning coffee. Moldova Food adds another grocery option at 0.5 miles. When you want to move your body, Southside Barbell and Pink Pearl Gymnastics are each about a 4-minute walk. Northridge Park is 0.6 miles out, and Newsome Farm Park and Aragona Park round out the green space options within a mile.

For different buyers

Base commute and VA loan notes

JEB Little Creek-Fort Story is about 10 minutes from 5501 Larry Ave, and USCG Base Portsmouth is roughly 13 minutes. VA loan financing is common in this zip code, and the home's straightforward layout and modest size mean fewer contingencies to navigate at closing. That combination of short commute and clean financing path is worth noting for anyone on orders.

For first-time buyers

At 1,160 square feet, this home is sized right for someone stepping into ownership without overextending. The 1955 construction means the major systems have had decades to prove themselves. Two full baths, three bedrooms, and a location where groceries and coffee are under a quarter mile away make daily life genuinely simple. Among Virginia Beach homes for sale at this price tier, that kind of walkable convenience is not always easy to find.

More buyer questions

How far is 5501 Larry Ave from JEB Little Creek-Fort Story?

The drive is about 10 minutes under normal traffic conditions. That makes this address one of the closer inland options to the base in the 23462 zip code.

What zip code is 5501 Larry Ave in?

The home is in zip code 23462, which covers the Kempsville corridor of Virginia Beach. Buyers browsing homes for sale in Virginia Beach often find this zip code offers strong value relative to the oceanfront areas.

Is 5501 Larry Ave in a flood zone?

Flood zone information for this address is covered in the FloodRisk tile on this page. Review that section for the current FEMA designation.

What schools serve 5501 Larry Ave?

Anyone comparing homes for sale zoned for Kempsville High School or homes for sale zoned for Arrowhead Elementary School will want to verify current zoning with Virginia Beach City Public Schools directly, as boundaries can change.

Are there parks near 5501 Larry Ave?

Yes — Northridge Park is 0.6 miles away, Newsome Farm Park is 0.7 miles, and Aragona Park is about 0.9 miles. All three are reachable by a short drive or a longer walk.

Want to see 5501 Larry Ave in person? Tom and Dariya Milan are ready to set up a walkthrough and answer your questions about this Virginia Beach address.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Virginia Beach$270K – $370K3+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

16.9 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

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 first big subdivisions. Ground broke in 1955. People moved into the first homes around 1956. It was developed in six sections on roughly 900 acres of old dairy-farm land.

$350K

Median sale · 12 mo

$247

Sold $/sq ft

14d

Days on market

16

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

Virginia Beach real estate →

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

$1,978/mo

Principal & interest

$1,660

Property tax

$225

Home insurance

$93

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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

Asking vs. assessment

115% of $277,900

City assessment record · taxes $2,695/yr

Land share of assessed value

43% — $120,000

Improvements $157,900 · assessor record ✓

Price context — similar nearby homes

$250,000 – $300,000

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.

307 Gambrill CT · 1.8 mi · 1,239 sqft$290,000 sold 2026-06
4786 Marlwood WAY · 1.9 mi · 1,240 sqft$300,000 sold 2026-09
4884 Woods Edge RD · 1.7 mi · 1,350 sqft$298,000 sold 2026-02

Own a home nearby? See what it is worth today — What's your Virginia Beach home worth?

Sale & Tax History

List Price

$320,000

Price / Sq Ft

$276

Annual Taxes

$2,695

Monthly Tax

$225

HOA

None

Tax Rate (effective)

0.84%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 24, 2026$320,000—
Currently listed—$320,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

15% above assessment

Total Assessed

$277,900

Land

$120,000

Improvement

$157,900

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.

Market tempo

13 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 5501 Larry Ave in a good school zone?+
The assigned zones on the listing record are Arrowhead Elementary (VaHome School Score 6.5/10), Larkspur Middle (VaHome School Score 4.7/10), Kempsville (VaHome School Score 7.5/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 5501 Larry Ave 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 5501 Larry Ave a waterfront property?+
Yes. The listing record shows: Dock,Marsh.
Does 5501 Larry Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 5501 Larry Ave built?+
It was built in 1955, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of April Ford · Feels Like Home · REIN MLS #10655364

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.

5501 Larry Ave, Virginia Beach — photo

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

Call or text (757) 777-7577

5501 Larry Ave, Virginia Beach, Virginia 23462 · MLS #10655364 · 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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