15 days on market
$274,000
5536 New Colony Dr
Virginia Beach, Virginia 23464
MLS# 10637298 · JAMESTOWNE · Virginia Beach VA
Updated 4 days ago · Source: REIN MLS
Est. payment
$1,701/mo
Edit below
Price / sq ft
$183
1,500 sq ft
Days on market
15
HOA
None
Year built
1972
54 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,500
Garage
No
Schools
- ElementaryFairfield Elementary School5/10
- MiddleKempsville Middle School5/10
- 7/10
Info provided by GreatSchools
About this home
Beautiful townhome in nice area of VA Beach. This spacious townhouse is in great area with great schools. Perfect for first time home owners.
Listed by Dominic Still · RE/MAX Edge
VaHome Team property overview
5536 New Colony Drive is a 3-bedroom, 2.1-bath home built in 1972 in Virginia Beach, Virginia 23464. At 1,500 square feet, it offers a manageable footprint with everyday conveniences — groceries, parks, restaurants, and fitness options — all within a half-mile.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 5536 New Colony Drive apart is its location sweet spot: StoneyBrook Park sits just a tenth of a mile away for quick outdoor breaks, while Kroger, Food Lion, and a cluster of local restaurants are all under a mile. USCG Finance Center Chesapeake is a nine-minute drive, and Norfolk Naval Shipyard is reachable in twelve. For a 1972-built home, the lot and neighborhood fabric offer a settled, mature feel that newer subdivisions simply can't replicate.
JAMESTOWNE and the Virginia Beach real estate market
5536 New Colony Drive sits in the Indian River corridor of Virginia Beach — a well-established part of the city where the streets are lined with mature trees and the pace feels genuinely residential. This section of Virginia Beach 23464 developed primarily in the late 1960s and 1970s, giving the area a cohesive, lived-in character that's rare to find. Neighbors tend to stay, community roots run deep, and the infrastructure — parks, grocery anchors, fitness centers — has grown right alongside the population. If you've been searching among houses virginia beach has to offer and want something with real neighborhood bones rather than a brand-new subdivision still finding its identity, this zip code delivers. The Indian River Family YMCA is within walking distance, StoneyBrook Park is practically in your backyard, and the broader Virginia Beach park network is easy to access. City services, major road corridors, and quick interstate access all make daily logistics straightforward from this address.
What's nearby
Daily life runs smoothly from New Colony Drive. StoneyBrook Park is just 0.1 miles away — an easy walk for morning routines or an afternoon reset. Whitehurst Grove Park and Woodstock Park are both within half a mile. When it's time to eat, Ellen's Homestyle & BBQ, JMT Vegan Eats, and Fiesta Kainan are all about 0.6 miles out, giving you real variety close to home. Coffee is covered by Dunkin' and a 7-Eleven at 0.7 miles. Grocery runs are a breeze with Kroger and Food Lion both at 0.9 miles. For fitness, the Indian River Family YMCA, Jess Yoga, and Team Aguirre Martial Arts are all under a mile.
For different buyers
For military families relocating
USCG Finance Center Chesapeake is nine minutes from the front door, and Norfolk Naval Shipyard is a twelve-minute commute — making this address genuinely practical for active-duty households. A VA loan can make ownership here straightforward, and the mature neighborhood offers the kind of stability that matters when you're planning around service schedules and PCS timelines.
For first-time buyers
A 3-bedroom, 2.1-bath layout in a settled Virginia Beach neighborhood is a strong starting point for first-time buyers. The 1,500-square-foot footprint is manageable without feeling cramped, and having groceries, a YMCA, parks, and restaurants all within a mile means you're buying into a location that works hard for you every single day.
Frequently asked questions
How far is 5536 New Colony Drive from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately 12 minutes from 5536 New Colony Drive by car. The route is a straightforward drive through established Virginia Beach and Chesapeake corridors.
How far is 5536 New Colony Drive from USCG Finance Center Chesapeake?
USCG Finance Center Chesapeake is about 9 minutes away, making this address one of the more convenient options for personnel assigned there.
What parks are near 5536 New Colony Drive?
StoneyBrook Park is just 0.1 miles from the front door, and both Whitehurst Grove Park and Woodstock Park are within half a mile — giving you multiple outdoor options in every direction.
Is 5536 New Colony Drive in a flood zone?
Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls the current FEMA designation directly.
Are there good grocery stores near 5536 New Colony Drive?
Yes — both Kroger and Food Lion are 0.9 miles from the address, so routine grocery runs are quick and you have options if you prefer one store over the other.
Want to know more about 5536 New Colony Drive or explore comparable homes nearby? Tom and Dariya Milan at LPT Realty are ready to walk you through everything this address has to offer.
Summary generated by AI from public records and publicly available information.
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
1,500
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$274,000
Price / Sq Ft
$183
Annual Taxes
$2,390
Monthly Tax
$199
HOA
None
Tax Rate (effective)
0.87%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 31, 2026 | $274,000 | — |
| Currently listed | — | $274,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched Jun 9, 2026.
Total Assessed
$239,000
Land
$95,000
Improvement
$144,000
Parcel ID: 14660481880000
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
$1,701/moPrincipal & interest
$1,422
Property tax
$199
Home insurance
$80
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 RE/MAX Edge · MLS# 10637298
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$274,000
5536 New Colony DR, VIRGINIABEACH VA 23464
Virginia Beach, Virginia 23464
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