67 days on market
$619,900
5207 Riverwood Rd
Norfolk, Virginia 23502
MLS# 10619361 · ELIZABETH PARK · Norfolk VA
Updated Apr 16, 2026 · Source: REIN MLS
Est. payment
$3,948/mo
Edit below
Price / sq ft
$245
2,526 sq ft
Days on market
67
HOA
None
Year built
1970
56 yrs old
Beds
5
Full Baths
2
Half Baths
1
Sq Ft
2,526
Garage
Yes
About this home
Welcome Home to this sprawling ranch on an oversized double lot directly on the Elizabeth River. Opportunities are endless when it comes to making this timeless residence your dream Home all with serene, breathtaking views to accompany. Enter onto your inviting front porch into your spacious foyer. Formal dining and living rooms are in the front of the home open to one another for entertaining breeze. Further off foy…
Listed by Cole Hart · Own Real Estate LLC
VaHome Team property overview
5207 Riverwood Road sits on nearly a full acre in Elizabeth Park — a rarity inside Norfolk city limits. The 1970-built home delivers five bedrooms, two and a half baths, and 2,526 square feet, all within eight minutes of two major military installations.
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Why this home stands out
A lot approaching one acre is genuinely hard to find in Norfolk, and that's the headline here. The property gives you room to breathe — space for a garden, a play area, or simply a backyard that doesn't feel like a postage stamp. Pair that with five bedrooms across 2,526 square feet in a quiet residential neighborhood, and 5207 Riverwood Road stands apart from the typical in-city offering.
ELIZABETH PARK and the Norfolk real estate market
Elizabeth Park is one of those neighborhoods where the streets feel unhurried and the lots are generous. Established in the mid-twentieth century, the area has a settled, mature character — older trees, brick ranch-style homes, and neighbors who tend to stay. It sits in the eastern section of Norfolk, tucked between Military Highway and the Elizabeth River corridor, which keeps it well-connected without the traffic noise of busier corridors. If you've been searching through houses for sale in Norfolk and felt like everything either lacked space or lacked location, Elizabeth Park tends to change that impression. The neighborhood is part of Norfolk proper, meaning you're inside city limits with full access to city services, while still enjoying a pace that feels more suburban. The surrounding streets are walkable for everyday errands, and the overall feel is one of a community that's been here a while and intends to stay.
What's nearby
Daily life is genuinely easy from Riverwood Road. Poplar Hall Park is just half a mile away — a natural first stop for morning walks or weekend afternoons outside. Lecove Park adds another green option under a mile out. For groceries, Royal Bazaar Indian Asian Market and Trinidad Latin Store are both within 0.8 miles, giving you solid variety close to home. When you want to eat out, Hot Dogs by Garrett, Haven Inn Bar & Grill, and Cool Flames Cafe are all within the same short radius. Cool Flames Cafe doubles as a coffee stop, and Tim Hortons is just a mile away for your morning routine. Planet Fitness rounds things out at 0.8 miles for anyone keeping a consistent workout schedule.
For different buyers
For military families relocating
USCG Base Portsmouth and Norfolk Naval Shipyard are each about eight minutes from the front door — a commute that's hard to beat anywhere in Hampton Roads. For service members using a VA loan or working through BAH calculations, the location makes the math straightforward. Five bedrooms means room for a growing family, a dedicated home office, or a guest room for family visiting during deployment homecomings.
For families upgrading
If your current home is feeling tight, 5207 Riverwood Road answers that in a direct way. Five bedrooms give everyone their own space, and nearly a full acre of yard means kids and pets have real room to run. The established Elizabeth Park neighborhood has the kind of quiet, tree-lined character that families tend to put at the top of their list — and it's hard to buy a house in Norfolk with this much land at this address.
Frequently asked questions
How far is 5207 Riverwood Road from USCG Base Portsmouth?
The drive from 5207 Riverwood Road to USCG Base Portsmouth takes approximately eight minutes under typical conditions. The route is straightforward via Military Highway, making it one of the more convenient commutes in the area.
How far is 5207 Riverwood Road from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is also about eight minutes from the property, making this address well-positioned for personnel assigned to either installation. Both bases are accessible without navigating the heaviest Norfolk traffic corridors.
What is the lot size at 5207 Riverwood Road?
The lot measures 0.9916 acres — just under a full acre, which is unusually large for a residential property inside Norfolk city limits. It offers significant outdoor space compared to most homes in the surrounding area.
Is 5207 Riverwood Road in a flood zone?
Flood zone information for this property is displayed in the FloodRisk tile on this page, which pulls current FEMA map data. We recommend reviewing that section and consulting with your lender or insurer for the most accurate assessment.
What parks are near 5207 Riverwood Road?
Poplar Hall Park is the closest option at roughly half a mile away, and Lecove Park is under a mile from the property. Both offer accessible green space for outdoor activities without a long drive.
Ready to walk the property and see that lot in person? Tom and Dariya Milan at LPT Realty know Elizabeth Park well — reach out to schedule a visit at your convenience.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
5207 Riverwood RD, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
5
Full Baths
2
Half Baths
1
Approx Sq Ft
2,526
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Nat Gas
Cooling
Central Air
Laundry
Interior Features
Fireplace Wood, Walk-In Attic, Window Treatments
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$619,900
Price / Sq Ft
$245
Annual Taxes
$6,608
Monthly Tax
$551
HOA
None
Tax Rate (effective)
1.07%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 3, 2026 | $619,900 | — |
| Currently listed | — | $619,900 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$537,200
Land
$268,000
Improvement
$269,200
Parcel ID: 1447837740 · View on city GIS portal
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 Norfolk
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
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
$3,948/moPrincipal & interest
$3,217
Property tax
$551
Home insurance
$181
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 Own Real Estate LLC · MLS# 10619361
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$619,900
5207 Riverwood RD, NORFOLK VA 23502
Norfolk, Virginia 23502
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