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Virginia Beach › JAMESTOWNE › 5573 New Colony Dr✓ Source: REIN MLS #10656547 · record updated Oct 5, 2026 · synced every 2 min · your inquiry is never resold
5573 New Colony DR, VIRGINIA BEACH VA 23464 - Main photo
5573 New Colony DR, VIRGINIA BEACH VA 23464 - Photo 2
3beds
1.1baths
1,340sqft
0days on market

5573 New Colony Dr, Virginia Beach, VA 23464

Coming SoonResidential · built 1973 · JAMESTOWNE

Facts & features

Type

Residential

Year built

1973

Price / sqft

$220

HOA

None

Taxes

$1,858/yr

County

Virginia Beach VA

MLS #

10656547

Interior

Bedrooms
3
Full baths
1
Half baths
1
Approx. sqft
1,340
Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP
Total rooms
7
Other rooms
Utility Room
Appliances
Dishwasher, Dryer, Microwave, Elec Range, Washer

Construction & exterior

Style
Townhouse
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Brick,Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy

Utilities & systems

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

Lot, parking & ownership

Subdivision
JAMESTOWNE
Ownership
Fee Simple
Garage
No
Parking
Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

About this home

This charming 2-story traditional home features 3 bedrooms, 1.5 bathrooms, and approximately 1,340 square feet of living space. The interior offers a blend of durable laminate/LVP. ceramic tile, and carpet flooring, alongside a well-equipped kitchen. Great Opportunity for Buyers & Investors: The current tenant vacates on October 9th(lease ends October 31st), clearing the path for an easy, quick close and fast move-in! Don't miss out on this fantastic property - schedule your private tour today before it's gone!

Listing courtesy of Elizabeth Abrams · Abrams Realty · REIN MLS #10656547

Tom & Dariya's overview

Our read on this home

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

At a glance

5573 New Colony Drive is a 1,340-square-foot, three-bedroom home in Virginia Beach, built in 1973. The lot sits close to parks, groceries, and dining — all within half a mile. Two military installations are under 15 minutes away. It's a compact, well-located address in the 23464 zip code.

Read the full overview ↓

Why this home stands out

What sets 5573 New Colony Drive apart is the density of everyday conveniences within walking distance. Three parks are within 0.4 miles. A Kroger, a specialty grocery, and a half-dozen restaurants are all under 0.7 miles. Add quick access to two military installations, and this address punches well above its square footage in day-to-day livability. Among Virginia Beach homes for sale, that combination of walkability and commute access is genuinely hard to find at this size.

JAMESTOWNE and the Virginia Beach real estate market

New Colony Drive sits in the Kempsville corridor of Virginia Beach — one of the city's most established inland neighborhoods. Streets here are lined with single-family homes from the 1970s and early 1980s, set on modest lots with mature trees and quiet residential traffic. The area has a settled, unpretentious character. Sidewalks connect blocks to nearby parks, and the pace of daily life feels unhurried. Kempsville is centrally located within Virginia Beach, which makes it a practical base for getting around the city. Interstate 64 and Indian River Road both provide fast routes north toward Norfolk and east toward the Oceanfront. Virginia Beach itself spans 497 square miles and is the most populous city in Virginia. It offers a full range of city services, a large public library system, and a coastline that draws residents year-round. Anyone browsing homes for sale in Virginia Beach will find that the Kempsville area offers some of the most accessible pricing and commute flexibility in the entire city.

What's nearby

Whitehurst Grove Park is just 0.2 miles away — an easy walk from the front door. New Light Neighborhood Park and Cedar Hill Park are both within 0.4 miles. For groceries, Kroger is 0.7 miles out, and Delicate Oriental Grocery covers specialty needs at 0.6 miles. Dinner options include SuperWok Chinese Restaurant, Phở Viet 1, and Chanello's Pizza, all within 0.6 miles. Dunkin' and JMT Vegan Eats handle morning coffee. The Indian River Family YMCA and Natural Bodyz Fitness 24/7 are both under 0.7 miles for anyone tracking workouts.

For different buyers

Base commute and VA loan notes

USCG Finance Center Chesapeake is about 9 minutes away. Norfolk Naval Shipyard is roughly 12 minutes out. VA loan financing is widely used in this zip code, and the home's 1973 construction means it has cleared many prior appraisal cycles. Buyers using a VA loan will find the commute math straightforward from this address.

For first-time buyers

Three bedrooms and 1.1 baths in 1,340 square feet is a manageable footprint with real usable space. The 1973 build gives the home solid bones without the premium attached to newer construction. Homes for sale in 23464 tend to offer competitive entry points compared to Virginia Beach's coastal zip codes, and this address sits close to parks, groceries, and transit routes that make car-free errands genuinely possible.

More buyer questions

How far is 5573 New Colony Drive from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is about 12 minutes from this address by car. The route runs north via South Military Highway or Indian River Road.

What parks are within walking distance of 5573 New Colony Drive?

Whitehurst Grove Park is 0.2 miles away, and both New Light Neighborhood Park and Cedar Hill Park are within 0.4 miles.

Is 5573 New Colony Drive in a flood zone?

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

What school zones apply to 5573 New Colony Drive?

Buyers comparing homes for sale zoned for Tallwood High School and homes for sale zoned for Fairfield Elementary School should confirm current zoning directly with Virginia Beach City Public Schools, as boundaries can change.

Does 5573 New Colony Drive have an HOA?

HOA status for this property should be confirmed through current disclosure documents. Ask your agent to verify before making an offer.

Want to see 5573 New Colony Drive in person? Tom and Dariya Milan can schedule a walkthrough and answer every question about the neighborhood and the buying process.

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

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

Virginia Beach$250K – $340K3+ beds

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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

Looking up FEMA flood zone…

Explore this neighborhood

Fairfield

Fairfield is one of the settled neighborhoods in the Kempsville section of Virginia Beach. It sits off Providence Road in the city's central corridor.

$474K

Median sale · 12 mo

$219

Sold $/sq ft

8d

Days on market

6

For sale now

$89K

HH income

75.1%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Fairfield →
Map of Fairfield with neighborhood boundaryNeighborhood

Virginia Beach homes 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

$1,772/mo

Principal & interest

$1,531

Property tax

$155

Home insurance

$86

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

Price context — similar nearby homes

$289,000 – $410,000

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.

1805 OLD RIDGE RD · 2.1 mi · 1,464 sqft$410,000 sold 2026-05
1828 Hidden Valley DR · 2.4 mi · 1,286 sqft$375,000 sold 2026-08
1700 Ashton DR · 2.4 mi · 1,410 sqft$408,000 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

$295,000

Price / Sq Ft

$220

Annual Taxes

$1,858

Monthly Tax

$155

HOA

None

Tax Rate (effective)

0.63%

Sale Timeline (this listing)

EventDatePriceDetail
ListedOct 5, 2026$295,000—
Currently listed—$295,000—

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

Is 5573 New Colony Dr in a good school zone?+
The assigned zones on the listing record are Fairfield Elementary (VaHome School Score 6.9/10), Kempsville Middle (VaHome School Score 6.6/10), Tallwood (VaHome School Score 7.8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 5573 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.
Does 5573 New Colony Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 5573 New Colony Dr built?+
It was built in 1973, 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 Elizabeth Abrams · Abrams Realty · REIN MLS #10656547

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.

5573 New Colony Dr, Virginia Beach — photo

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

Call or text (757) 777-7577

5573 New Colony Dr, Virginia Beach, Virginia 23464 · MLS #10656547 · 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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