18 days on market
$797,500
604 Terrace Ave
Virginia Beach, Virginia 23451
MLS# 10632048 · SHADOWLAWN · Virginia Beach VA
Updated 2 days ago · Source: REIN MLS
Est. payment
$4,757/mo
Edit below
Price / sq ft
$492
1,620 sq ft
Days on market
18
HOA
None
Year built
1981
45 yrs old
Beds
3
Full Baths
3
Half Baths
1
Sq Ft
1,620
Garage
Yes
About this home
It's not often that one of these Rudee Inlet condos is opened up for sale through the MLS. There hasn't been one listed in the past 6 or 7 years. and no wonder: with a deeded slip on deep water and immediate access to the ocean, with three bedrooms, each with its own bath, two decks, refreshed delightfully, attached garage for the car or the golf cart; it's a perfect escape, or a primary home especially if you love t…
Listed by Paul Fuqua · BHHS RW Towne Realty
VaHome Team property overview
604 Terrace Ave sits in the Shadowlawn neighborhood of Virginia Beach, less than a mile from the oceanfront. This 3-bed, 3.1-bath home built in 1981 offers 1,620 square feet of living space with three full bathrooms and a half bath — a rare count for a home this size.
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Why this home stands out
What sets 604 Terrace Ave apart is the bathroom-to-bedroom ratio — three full baths plus a half bath across 1,620 square feet means nobody is waiting in line in the morning. Add in the 1981 construction era, which tends to deliver solid bones and generous room proportions, and you have a home that punches above its square footage. The Shadowlawn location puts the Virginia Beach oceanfront within a short walk or bike ride.
SHADOWLAWN and the Virginia Beach real estate market
Shadowlawn is one of those Virginia Beach neighborhoods that quietly delivers on nearly every front. Tucked just south of the resort strip, it has the kind of walkability that most of the city can't match — the ocean is close enough to hear on a still night, and Rudee Inlet is practically in the backyard. The streets are residential and low-traffic, but restaurants, coffee, and green space are all within a half-mile loop. Working with a real estate agent virginia beach buyers trust often means getting steered toward neighborhoods like this one, because the location-to-price dynamic here is genuinely hard to replicate elsewhere in the city. Virginia Beach covers a lot of ground — from the Oceanfront to the Intercoastal — but Shadowlawn occupies a sweet spot where beach-town energy and everyday livability actually coexist. The neighborhood draws a mix of longtime locals, military families, and buyers who want a primary home that still feels like a vacation every weekend.
What's nearby
Daily life is easy at 604 Terrace Ave. For a quick meal or drinks, Rudee's Restaurant and Cabana Bar, The Dock Grill, and Docktails VB are all within 0.1 miles — walkable even on a rainy evening. Grab coffee at Zeke's (0.4 mi) or Virginia Beach Coffee Co (0.6 mi) before heading out. Prise's Food Mart covers everyday grocery runs at 0.5 miles. Fitness options are unusually strong for such a compact radius: TakeOver Athletics Shadowlawn and CoreStrength Center are both 0.4 miles away. Grommet Island Park and Marshview Park round out the outdoor options within a comfortable walk.
For different buyers
For military families relocating
Dam Neck Annex and NAS Oceana are each about six minutes away — a commute that's hard to beat anywhere in Hampton Roads. VA loan eligibility pairs especially well with a home like this, where three full bathrooms make it practical for households that need flexible space. BAH rates for Virginia Beach typically align well with the Shadowlawn price range, making ownership a realistic goal for many service members.
For first-time buyers
If you've been searching for a house for sale in virginia beach that actually checks the location box without requiring a compromise on space, 604 Terrace Ave is worth a close look. Three bedrooms, three full baths, and a half bath give you room to grow, and the walkable Shadowlawn setting means you're not dependent on a car for weekend fun. The 1981 build year means established landscaping and mature neighborhood character.
Frequently asked questions
How far is 604 Terrace Ave from Dam Neck Annex?
Dam Neck Annex is approximately six minutes from 604 Terrace Ave by car, making this one of the closest residential options to the base in the Virginia Beach area.
How far is 604 Terrace Ave from NAS Oceana?
NAS Oceana is also about six minutes away, so service members assigned to either installation can reach work quickly without a long daily commute.
What is the Shadowlawn neighborhood like in Virginia Beach?
Shadowlawn is a compact, walkable neighborhood just south of the Virginia Beach resort strip, known for its proximity to Rudee Inlet, the oceanfront, and a strong cluster of local restaurants and coffee shops all within walking distance.
Is 604 Terrace Ave in a flood zone?
Given its location near Rudee Inlet and the Virginia Beach coastline, flood zone status is worth reviewing carefully — check the FloodRisk tile on this page for the current FEMA designation specific to this address.
Are there parks near 604 Terrace Ave?
Yes — Grommet Island Park and Marshview Park are both within 0.6 miles, offering waterfront green space and recreational areas that are easy to reach on foot or by bike.
Tom and Dariya Milan at LPT Realty know Shadowlawn and the Virginia Beach Oceanfront area well. Reach out to get honest, local insight on this address and what it takes to make it yours.
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
3
Half Baths
1
Approx Sq Ft
1,620
Stories
3
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
220 V Elec, Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$797,500
Price / Sq Ft
$492
Annual Taxes
$4,639
Monthly Tax
$387
HOA
None
Tax Rate (effective)
0.58%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 21, 2026 | $797,500 | — |
| Currently listed | — | $797,500 | — |
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
$4,757/moPrincipal & interest
$4,138
Property tax
$387
Home insurance
$233
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 BHHS RW Towne Realty · MLS# 10632048
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$797,500
604 Terrace AVE, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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