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Virginia BeachJAMESTOWNE5536 New Colony Dr✓ Source: REIN MLS #10637298 · record updated Jul 10, 2026 · synced every 5 min · your inquiry is never resold
5536 New Colony DR, VIRGINIABEACH VA 23464 - Main photo
5536 New Colony DR, VIRGINIABEACH VA 23464 - Photo 2
5536 New Colony DR, VIRGINIABEACH VA 23464 - Photo 3
5536 New Colony DR, VIRGINIABEACH VA 23464 - Photo 4
5536 New Colony DR, VIRGINIABEACH VA 23464 - Photo 5
$274,000
$183 / sqft · est. $1,701/mo →
3beds
2.1baths
1,500sqft
36days on market

5536 New Colony Dr, Virginia Beach, VA 23464

Under ContractResidential · built 1972 · JAMESTOWNE

About this home

The listing, in the seller's words

Beautiful townhome in nice area of VA Beach. This spacious townhouse is in great area with great schools. Perfect for first time home owners.

Listing courtesy of Dominic Still · RE/MAX Edge · REIN MLS #10637298

VaHome team overview

Our read on this home

At a glance

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 the full overview ↓

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.

More buyer 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.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1972

Price / sqft

$183

HOA

None

Taxes

$2,390/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10637298

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

Flood & environment

The flood answer first — quantified, not buried

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

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

$1,701/mo

Principal & 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.

Value & history

Judge value on real ground

Asking vs. assessment

115% of $239,000

City assessment record · taxes $2,390/yr

Land share of assessed value

40% — $95,000

Improvements $144,000 · 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

$408,000$436,100

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.

1805 OLD RIDGE RD · 2.2 mi · 1,464 sqft$410,000 sold 2026-05
5485 Beaufain BLVD · 2.2 mi · 1,646 sqft$436,100 sold 2026-05
1700 Ashton DR · 2.4 mi · 1,410 sqft$408,000 sold 2026-02

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)

EventDatePriceDetail
ListedJun 4, 2026$274,000
Price reducedJun 15, 2026$274,000−$5,000
Currently listed$274,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

15% above assessment

Total Assessed

$239,000

Land

$95,000

Improvement

$144,000

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 5536 New Colony Dr in a good school zone?+
The assigned zones on the listing record are Fairfield Elementary (GreatSchools 5/10), Kempsville Middle (GreatSchools 7/10), Tallwood (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 5536 New Colony Dr 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 5536 New Colony Dr?+
Yes — Indian River Family YMCA is about 0.6 miles away, per the cached nearby-places record for this address.
Are there parks near 5536 New Colony Dr?+
StoneyBrook Park is about 0.1 miles away.
Where is the nearest grocery store to 5536 New Colony Dr?+
Kroger Bakery is about 0.9 miles away. The closest dining on record is Ellen's Homestyle & BBQ LLC (0.6 mi).
Does 5536 New Colony Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 5536 New Colony Dr built?+
It was built in 1972, 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 Dominic Still · RE/MAX Edge · REIN MLS #10637298

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.

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

Call or text (757) 777-7577

5536 New Colony Dr, Virginia Beach, Virginia 23464 · MLS #10637298 · 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.