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Virginia BeachFAIR MEADOWS5501 Larry Ave✓ Source: REIN MLS #10629172 · record updated Jul 28, 2026 · synced every 2 min · your inquiry is never resold
5501 LARRY AVE NONE, VIRGINIA BEACH VA 23462 - Main photo
5501 LARRY AVE NONE, VIRGINIA BEACH VA 23462 - Photo 2
5501 LARRY AVE NONE, VIRGINIA BEACH VA 23462 - Photo 3
5501 LARRY AVE NONE, VIRGINIA BEACH VA 23462 - Photo 4
5501 LARRY AVE NONE, VIRGINIA BEACH VA 23462 - Photo 5
$375,000
$323 / sqft · est. $2,280/mo →
3beds
2baths
1,160sqft
116days 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! CLOSING COSTS ASSISTANCE AVAILABLE ON FULL PRICE OFFER CLOSING BEFORE 9/1/26

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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

A 1955-built, three-bedroom ranch on a generous third-of-an-acre lot in Virginia Beach, sitting just ten minutes from JEB Little Creek-Fort Story. At 1,160 square feet, it keeps things manageable without sacrificing the outdoor space that makes a property feel like home.

Read the full overview ↓

Why this home stands out

What sets 5501 Larry Ave apart is that lot — 0.33 acres is a rare find at this price point in central Virginia Beach, giving you real room to breathe, garden, entertain, or simply let the kids and pets roam. The 1955 construction means solid bones and a classic ranch footprint, while the location puts two military installations and a full slate of everyday conveniences within a short drive.

FAIR MEADOWS and the Virginia Beach real estate market

Virginia Beach is one of the largest cities by land area in the entire country, and the area around Larry Ave sits in a well-established inland pocket — far enough from the resort strip to feel genuinely residential, close enough to tap into everything the city offers. If you've been browsing homes for sale in Virginia Beach VA, you'll notice this corridor tends to attract buyers who want practical access over oceanfront premiums. The streets here are lined with mid-century ranches on full-sized lots, giving the neighborhood a grounded, unpretentious character that holds up decade after decade. Virginia Beach's city services, road network, and proximity to the broader Hampton Roads metro make daily logistics straightforward. Interstate 264 and Virginia Beach Boulevard are both within easy reach, connecting you north toward Norfolk or east toward the Oceanfront in under twenty minutes on most days.

What's nearby

Daily errands are genuinely easy from 5501 Larry Ave. Asia Grocery and Tira's Foods are both within a tenth of a mile, and Moldova Food is just half a mile out for a wider international selection. When you want coffee before heading out, Black Rifle Coffee Company is 0.2 miles away, and Tira's doubles as a coffee stop too. Southside Barbell and Pink Pearl Gymnastics are both 0.2 miles out for fitness. If you prefer something more restorative, Sound X Selfcare — offering sound baths, yoga, and holistic wellness — is under a mile away. Northridge Park, Newsome Farm Park, and Aragona Park are all within a mile for outdoor time.

For different buyers

For military families relocating

JEB Little Creek-Fort Story is a ten-minute drive, and USCG Base Portsmouth is roughly thirteen — making 5501 Larry Ave one of the more strategically located addresses for dual-base households in Virginia Beach. A VA loan can make the path to ownership here straightforward, and the third-of-an-acre lot gives families genuine space to set down roots between deployments.

For first-time buyers

If you're looking at homes for sale in Virginia Beach and want a foothold without overextending, a three-bedroom, two-bath ranch on a third of an acre checks a lot of boxes. The 1955 build means the heavy structural work is long done, the lot gives you room to grow into the property, and the neighborhood's proximity to everyday conveniences keeps life manageable from day one.

More buyer questions

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

The drive typically runs about ten minutes, making it one of the closer off-base options in Virginia Beach for service members stationed there. USCG Base Portsmouth is also accessible in roughly thirteen minutes via the Hampton Roads Bridge-Tunnel corridor.

What is the lot size at 5501 Larry Ave?

The lot measures 0.33 acres, which is notably generous for this part of Virginia Beach where many comparable mid-century properties sit on smaller parcels.

Is 5501 Larry Ave in a flood zone?

Flood zone designation for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA map classification.

What type of property is 5501 Larry Ave?

It's a single-family residential home — a three-bedroom, two-bath ranch built in 1955, with 1,160 square feet of living space on a third-of-an-acre lot.

Are there parks near 5501 Larry Ave?

Yes — Northridge Park is about 0.6 miles away, Newsome Farm Park is 0.7 miles, and Aragona Park is under a mile, giving you multiple outdoor options within easy walking or biking distance.

Want to know more about 5501 Larry Ave or explore similar properties in Virginia Beach? Tom and Dariya Milan 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

1955

Price / sqft

$323

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

$247

Sold $/sq ft

11d

Days on market

10

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

$2,280/mo

Principal & interest

$1,946

Property tax

$225

Home insurance

$109

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

135% 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
5624 Comanche RD · 0.9 mi · 1,353 sqft$292,000 sold 2026-07
4945 Blackfoot CRES · 1.6 mi · 1,100 sqft$356,000 sold 2026-06

Sale & Tax History

List Price

$375,000

Price / Sq Ft

$323

Annual Taxes

$2,695

Monthly Tax

$225

HOA

None

Tax Rate (effective)

0.72%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 10, 2026$375,000
Price reducedJul 28, 2026$375,000−$20,000
Currently listed$375,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

35% 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

116 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.