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Virginia BeachFAIR MEADOWS5501 Larry Ave✓ Source: REIN MLS #10629172 · record updated Jun 10, 2026 · synced every 2 min · your inquiry is never resold
5501 LARRY AVE NONE, VIRGINIABEACH VA 23462 - Main photo
5501 LARRY AVE NONE, VIRGINIABEACH VA 23462 - Photo 2
5501 LARRY AVE NONE, VIRGINIABEACH VA 23462 - Photo 3
5501 LARRY AVE NONE, VIRGINIABEACH VA 23462 - Photo 4
5501 LARRY AVE NONE, VIRGINIABEACH VA 23462 - Photo 5
$395,000
$341 / sqft · est. $2,389/mo →
3beds
2baths
1,160sqft
61days 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, Lake.

Frontage

Lake ✓ VERIFIED

Dock

Dock

Source: REIN MLS listing record · waterfront features as listed

About this home

The listing, in the seller's words

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 home with original hardwood floors throughout. Enjoy fishing from 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 · Howard Hanna Real Estate Svcs. · REIN MLS #10629172

VaHome team overview

Our read on this home

At a glance

5501 Larry Ave sits on a generous third-of-an-acre lot in Virginia Beach's Fair Meadows neighborhood — a 1955 ranch-style home with 3 bedrooms, 2 baths, and 1,160 square feet, just ten minutes from JEB Little Creek-Fort Story.

Read the full overview ↓

Why this home stands out

What makes 5501 Larry Ave stand out is the lot. At 0.33 acres, you're getting real outdoor space in an established neighborhood where lots this size are increasingly hard to find. The 1955 construction means solid bones, a single-story layout, and a footprint that's easy to live in and easy to personalize. Two full baths for three bedrooms is a practical win, and the proximity to two military installations makes the address genuinely versatile.

FAIR MEADOWS and the Virginia Beach real estate market

Fair Meadows is one of those Virginia Beach neighborhoods that doesn't try too hard — it's just a well-rooted, mid-century residential pocket where the streets are quiet, the lots are generous, and the neighbors have often been around long enough to wave hello by name. The area sits in the heart of Virginia Beach, giving you quick access to both the oceanfront and the western reaches of the city without committing to either extreme. Homes here were mostly built in the 1950s and 60s, which means mature trees, established landscaping, and a sense of permanence you don't always find in newer subdivisions. Golfers will note that heron ridge golf club virginia beach va is a short drive away, adding a recreational anchor to the area's appeal. Virginia Beach as a whole brings the full package — military community, coastal lifestyle, diverse dining, and a job market anchored by defense, healthcare, and tourism. Fair Meadows sits comfortably in the middle of all of it.

What's nearby

Daily errands are easy from Larry Ave. Asia Grocery, Moldova Food, and Boulevard Stop Mart are all within half a mile for quick grocery runs. When you want to eat without cooking, Touch of Da South and Domino's Pizza are both about three-tenths of a mile away — and Black Rifle Coffee Company is right there too for your morning routine. Tira's Foods offers another local coffee option nearby. Southside Barbell and Pink Pearl Gymnastics are within half a mile for fitness, and Sound X Selfcare brings yoga and wellness coaching to the mix just down the road. Northridge Park and Newsome Farm Park are both under a mile for outdoor time.

For different buyers

For military families relocating

JEB Little Creek-Fort Story is about ten minutes from 5501 Larry Ave, and USCG Base Portsmouth is roughly thirteen. That kind of commute matters when duty schedules are unpredictable. A VA loan can make a home like this more accessible than many service members expect, and BAH rates in Virginia Beach are structured with this market in mind. The single-story layout and manageable square footage also make PCS transitions smoother.

For first-time buyers

If you're exploring houses in Virginia Beach for sale and want real lot size without stretching into the suburbs, 5501 Larry Ave is worth a close look. A third of an acre in an established neighborhood, two full baths, and a single-story floor plan that's straightforward to maintain — it's a practical entry point into Virginia Beach homeownership with room to grow into the outdoor space over time.

More buyer questions

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

The drive is roughly ten minutes under normal traffic conditions, making it one of the more convenient off-base addresses for personnel stationed there.

How far is 5501 Larry Ave from USCG Base Portsmouth?

USCG Base Portsmouth is approximately thirteen minutes away, a manageable commute for Coast Guard personnel looking to live in Virginia Beach.

What is the lot size at 5501 Larry Ave?

The lot measures 0.33 acres, which is notably generous for an established Virginia Beach neighborhood and provides substantial outdoor space front and back.

Is 5501 Larry Ave in a flood zone?

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

What neighborhood is 5501 Larry Ave in?

The home is located in Fair Meadows, an established mid-century residential neighborhood in Virginia Beach known for its mature trees and generous lot sizes.

Tom and Dariya Milan at LPT Realty know Fair Meadows and the surrounding Virginia Beach market well — reach out to get your questions answered and schedule a walkthrough of 5501 Larry Ave.

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

1955

Price / sqft

$341

HOA

None

Taxes

$2,695/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10629172

Interior

Bedrooms
3
Full baths
2
Approx. sqft
1,160
Stories
1
Flooring
Laminate/LVP, Wood
Ensuite bedrooms
1
First-floor bed & full bath
Yes
Total rooms
6
Other rooms
1st Floor BR, 1st Floor Primary BR, Attic, PBR with Bath, Pantry, Porch
Interior features
Pull Down Attic Stairs
Appliances
220 V Elec, Dishwasher, Range, Elec Range, Refrigerator
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Ranch
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Other
Exterior features
Cul-De-Sac, Patio, Wooded
Pool
No Pool
Waterfront
Dock,Lake
Deep-water access
Yes

Utilities & systems

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

Lot, parking & ownership

Lot size
0.3300
Approx. acres
0.33
Subdivision
FAIR MEADOWS
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Garage Det 2 Car, Oversized Gar, Driveway Spc
Possession
SETTLEMENT
Miscellaneous
Fixer Upper
Disclosures
Disclosure Statement, Pending Building or Zone Violations, Pet on Premises

See more Virginia Beach waterfront homes.

Sources: REIN MLS record · city assessor · 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

14

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 houses for sale

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

$2,389/mo

Principal & interest

$2,050

Property tax

$225

Home insurance

$115

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

Asking vs. assessment

142% of $277,900

City assessment record · taxes $2,695/yr

Land share of assessed value

43% — $120,000

Improvements $157,900 · assessor record ✓

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

$290,000$356,000

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.

157 Upperville RD · 0.7 mi · 1,322 sqft$355,000 sold 2026-05
4945 Blackfoot CRES · 1.6 mi · 1,100 sqft$356,000 sold 2026-06
5003 Jeanne ST · 1.2 mi · 1,334 sqft$351,500 sold 2026-07

Sale & Tax History

List Price

$395,000

Price / Sq Ft

$341

Annual Taxes

$2,695

Monthly Tax

$225

HOA

None

Tax Rate (effective)

0.68%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 10, 2026$395,000
Price reducedJun 10, 2026$395,000−$4,000
Currently listed$395,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

42% 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

61 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

Real questions, answered from the record

Is 5501 Larry Ave in a good school zone?+
The assigned zones on the listing record are Arrowhead Elementary (GreatSchools 7/10), Larkspur Middle (GreatSchools 6/10), Kempsville (GreatSchools 7/10). 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 there a gym near 5501 Larry Ave?+
Yes — Southside Barbell is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 5501 Larry Ave?+
Northridge Park is about 0.8 miles away.
Where is the nearest grocery store to 5501 Larry Ave?+
Asia Grocery is about 0.4 miles away. The closest dining on record is Touch of Da South (0.3 mi).
Is 5501 Larry Ave a waterfront property?+
Yes. The listing record shows: Dock,Lake.
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

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of April Ford · Howard Hanna Real Estate Svcs. · REIN MLS #10629172

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 #10629172 · 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.