59 days on market
$2,500
531 Terrace Ave
Virginia Beach, Virginia 23451
MLS# 10624601 · SHADOWLAWN · Virginia Beach VA
Updated Mar 30, 2026 · Source: REIN MLS
Est. payment
$14/mo
Edit below
Price / sq ft
$2
1,026 sq ft
Days on market
59
HOA
None
Year built
1959
67 yrs old
Beds
3
Full Baths
1
Half Baths
0
Sq Ft
1,026
Garage
Yes
About this home
Wonderful coastal cottage located in the heart of the marina district. Nestle in the Shadowlawn neighborhood and conveniently close to shops, restaurants, beach, interstate, and the new surf park and Dome concert venue. 24 hour notice to show. Washer and Dryer convey as is. No Pets No smoking.
Listed by Clay Atkinson · Atkinson Realty
Location & Neighborhood
Location & Street View
531 Terrace AVE, Virginia Beach
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Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
3
Full Baths
1
Half Baths
0
Approx Sq Ft
1,026
Stories
1
Fireplaces
0
Flooring
Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
220 V Elec, Dryer Hookup, Elec Range, Washer Hookup
Sale & Tax History
List Price
$2,500
Price / Sq Ft
$2
Annual Taxes
N/A
Monthly Tax
N/A
HOA
None
Tax Rate (effective)
N/A
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 11, 2026 | $2,500 | — |
| Currently listed | — | $2,500 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$531,700
Land
$420,000
Improvement
$111,700
Parcel ID: 24270296810000 · 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
$14/moPrincipal & interest
$13
Property tax
$0
Home insurance
$1
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 Atkinson Realty · MLS# 10624601
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$2,500
531 Terrace AVE, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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