58 days on market
$2,900,000
988 Michaelwood Dr
Virginia Beach, Virginia 23452
MLS# 10623841 · LITTLE NECK COVE · Virginia Beach VA
Updated Apr 10, 2026 · Source: REIN MLS
Est. payment
$16,533/mo
Edit below
Price / sq ft
$633
4,578 sq ft
Days on market
58
HOA
None
Year built
1910
116 yrs old
Beds
7
Full Baths
6
Half Baths
0
Sq Ft
4,578
Garage
Yes
Schools
- ElementaryKingston Elementary School8/10
- MiddleLynnhaven Middle School7/10
- 7/10
Info provided by GreatSchools
About this home
Set on its own peninsula, this truly one-of-a-kind luxury estate offers breathtaking water views from every angle. Completely renovated with exceptional craftsmanship, the home features 7 spacious bedrooms and 6 beautifully appointed bathrooms designed for both comfort and elegance. Expansive living areas flow seamlessly for entertaining, while large windows capture stunning panoramic vistas. Enjoy deep water access…
Listed by Travis Rock · EXP Realty LLC
Location & Neighborhood
Location & Street View
988 Michaelwood DR, Virginia Beach
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
7
Full Baths
6
Half Baths
0
Approx Sq Ft
4,578
Stories
3
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Sale & Tax History
List Price
$2,900,000
Price / Sq Ft
$633
Annual Taxes
$7,671
Monthly Tax
$639
HOA
None
Tax Rate (effective)
0.26%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 12, 2026 | $2,900,000 | — |
| Currently listed | — | $2,900,000 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$790,900
Land
$605,000
Improvement
$185,900
Parcel ID: 14884510340000 · 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 Virginia Beach
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
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
$16,533/moPrincipal & interest
$15,047
Property tax
$639
Home insurance
$846
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 EXP Realty LLC · MLS# 10623841
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$2,900,000
988 Michaelwood DR, VIRGINIABEACH VA 23452
Virginia Beach, Virginia 23452
Request InfoQuick Facts
Schedule a tour
In-person or videoClick a day to pick a time