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✓ Source: REIN MLS #10619665 · record updated Oct 16, 2026 · synced every 2 min · your inquiry is never resold
$262,000Last list price
3beds
2.1baths
1,560sqft
$168per sqft
Off the market since Oct 16, 2026

635 Ocean Lakes Dr, Virginia Beach, VA 23454

Off MarketResidential · built 1986 · OCEAN LAKES · MLS #10619665

Listing statusThis home is off the market

635 Ocean Lakes Dr was listed for sale on Feb 11, 2026. The last list price was $262,000. It came off the market on Oct 16, 2026. It is not listed for sale in the REIN MLS.

OverviewAbout this home

What a great opportunity to own a home in the sought after community of Ocean Lakes. This 3-bedroom, 2.5-bath home has great bones and endless potential for the right buyer. While this home DEFINITELY NEEDS SOME TLC, the kitchen cabinets and countertops were updated in the last 3 years. It also features LVP in certain areas of the home. It is move in ready and is PRICED BELOW market value to reflect required updates. This home is offering a strong opportunity to customize it to your taste and build equity. Some closing costs assistance is available! Make an offer and make it yours today! Certain rooms have been virtually staged.

Listing courtesy of Keisha Raspberry · Atlantic Sothebys Int'l Realty · REIN MLS #10619665

Facts & features

TypeResidential
Year built1986
Price / sqft$168
Condo fee$398/mo
HOA fee$36/mo
Taxes$2,430/yr
CountyVirginia Beach VA
MLS #10619665

Association amenities

Ground MaintNon-Smoking per Condo RestrictionsOtherPlaygroundsPoolTennis Cts

$398/mo condo fee + $36/mo HOA fee · Saddlewood condominium Association · per the REIN MLS listing record. Confirm inclusions with the association.

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,560
Stories
2
Flooring
Carpet, Laminate/LVP, Parquet
Total rooms
4
Appliances
Dishwasher, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup

Construction & exterior

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

Utilities & systems

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

Lot, parking & ownership

Subdivision
OCEAN LAKES
Unit / floor
1
Zoning
PDH2
Ownership
Condo
Garage
No
Parking
Assigned/Reserved
Possession
SETTLEMENT
Disclosures
Common Interest Community, Disclosure Statement, Resale Certif Req

See more Virginia Beach condos & townhomes.

Sources: REIN MLS record

Tom & Dariya's overview

Our read on this home

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

At a glance

Three-bedroom, two-bath home in Ocean Lakes with 1,560 square feet of living space. Built in 1986, it sits just one minute from Dam Neck Annex. You're in the heart of Virginia Beach homes for sale, close to parks, dining, and military installations.

Read the full overview ↓

Why this home stands out

Ocean Lakes is one of Virginia Beach's most established neighborhoods, built around a strong sense of community and convenience. The tree-lined streets and modest-scale homes create a welcoming, accessible feel. You'll find everything nearby—parks, restaurants, shopping—without the sprawl. The location is unbeatable for anyone with a military commute: Dam Neck Annex is practically next door, and NAS Oceana is just eight minutes away.

OCEAN LAKES and the Virginia Beach real estate market

Ocean Lakes has been a cornerstone of Virginia Beach since the 1970s and 1980s. The neighborhood balances residential calm with easy access to daily needs. Streets are lined with single-family homes, many updated over the decades, creating a mix of original charm and modern comfort. You're surrounded by parks—Pine Meadows West Park is just two blocks away, perfect for a quick walk or outdoor time. Dining options like COCO's Cuisine and the Galley are within walking distance or a short drive. Virginia Beach itself is a city of 450,000+ with a strong military presence, a vibrant waterfront, and a diverse economy. Getting around is straightforward: Interstate 64 connects you to downtown Norfolk and beyond. If you are comparing homes for sale in Virginia Beach, note that Ocean Lakes offers that rare combination of established neighborhood character and genuine convenience.

What's nearby

You're steps from Pine Meadows West Park and Pine Meadows Park, both ideal for recreation and daily outdoor time. COCO's Cuisine sits just 0.2 miles away for casual dining, and the Galley restaurant is about a mile north for a longer outing. Grocery stores, pharmacies, and retail shops are within a few minutes' drive. The neighborhood's compact layout means most errands are quick and easy. Everything you need is close by.

For different buyers

Base commute and VA loan notes

Dam Neck Annex is one minute away, and NAS Oceana is eight minutes from your front door. VA loan financing is widely available in this area and throughout Virginia Beach. The home's established location means no long commutes, quick base access, and a neighborhood where military connections run deep. Move-in timeline is flexible—the home is ready for your plans.

Room to grow

Three bedrooms give you dedicated space for a home office, guest room, or hobby area. The 1,560-square-foot layout flows well for daily life. A fenced yard and proximity to Pine Meadows Park mean outdoor space and recreation are built in. Storage and garage space support a household that's ready to settle in and grow.

More buyer questions

How far is 635 Ocean Lakes Drive from Dam Neck Annex?

It's about one minute away by car. The base is practically a neighbor.

What schools are zoned for this address?

This address is zoned for homes for sale zoned for Corporate Landing Elementary School and homes for sale zoned for Ocean Lakes High School. Check the Virginia Beach Schools website for current boundaries and programs.

Are there parks nearby?

Yes. Pine Meadows West Park is two blocks away, and Pine Meadows Park is even closer. Both offer playgrounds, open space, and walking paths.

What's the neighborhood like?

Ocean Lakes is an established, tree-lined community built in the 1970s and 1980s. It's known for being accessible, friendly, and convenient—close to shopping, dining, and military bases.

How do I get to NAS Oceana from here?

NAS Oceana is about eight minutes away by car. It's a short, easy commute from Ocean Lakes.

Ready to explore 635 Ocean Lakes Drive and the Ocean Lakes neighborhood? Contact Tom & Dariya Milan to schedule a tour and learn more about homes for sale in 23454.

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

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighOcean Lakes High School
8.2/10
Up 0.2 from 2024–25
MiddleCorporate Landing Middle School
6.5/10
Up 0.2 from 2024–25
ElementaryCorporate Landing Elementary School
5.1/10
Down 2.0 from 2024–25

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.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

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Military Commute

Drive times to nearest bases

Dam Neck

Navy

9min·3mi

NAS Oceana

Navy

13min·5mi

Little Creek

Navy

32min·19.7mi

USCG Finance Ctr

Coast Guard

28min·17.2mi

NNSY

Navy

31min·23.8mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

FEMA flood zone X · outside the high-risk area · FIRM 515531

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

6.7 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone B

Source: Virginia Dept. of Emergency Management — Know Your Zone

Military Aircraft Zone Information

Aircraft Noise

65-70 dB DNL

Accident Potential Zone

Not in a mapped Accident Potential Zone

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhoodSouth Shore Estates

South Shore Estates is a lakefront area in southeast Virginia Beach. It sits off General Booth Boulevard near Nimmo Parkway and the Red Mill area, in the 23454 zip code.

$799KMedian sale · 12 mo
$263Sold $/sq ft
14dDays on market
1For sale now
$128KHH income
85.9%Owner-occupied

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

Explore South Shore Estates →
Map of South Shore Estates with neighborhood boundaryNeighborhood

Virginia Beach houses for sale →

Value & historyComparables

Price context: similar nearby homes$320,000 – $450,000The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for the last list price, not an appraisal or an estimate of this home's value.
1873 Haviland DR · 1.2 mi · 1,633 sqft$420,000 sold 2026-05
1116 Cardston CT · 1.4 mi · 1,500 sqft$449,999 sold 2026-02
900 Raton CT · 1.4 mi · 1,455 sqft$433,000 sold 2026-05

Own a home nearby? See what it is worth today: What's your Virginia Beach home worth?

Sale & Tax History

List Price

$262,000

Price / Sq Ft

$168

Annual Taxes

$2,430

Monthly Tax

$203

HOA + condo fees

$434 / mo

Tax Rate (effective)

0.93%

Sale Timeline (this listing)

EventDatePriceDetail
ListedFeb 11, 2026$262,000—
Off market—$262,000Last list price

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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
635 Ocean Lakes Drthis home, last list price$262,00032.11,560$168
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions about this home

Is 635 Ocean Lakes Dr in a good school zone?
The assigned zones on the listing record are Corporate Landing Elementary (VaHome School Score 5.1/10), Corporate Landing Middle (VaHome School Score 6.5/10), Ocean Lakes (VaHome School Score 8.2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 635 Ocean Lakes 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.
Are there parks near 635 Ocean Lakes Dr?
Pine Meadows West Park is about 0.4 miles away.
Does 635 Ocean Lakes Dr have an HOA or condo association?
Both — this unit carries a condo association fee and a separate HOA (property owners association) fee. Current amounts for each are shown in the facts section on this page. The association of record is Saddlewood condominium Association. Association amenities on record include: Ground Maint, Non-Smoking per Condo Restrictions, Other, Playgrounds, Pool, Tennis Cts.
When was 635 Ocean Lakes Dr built?
It was built in 1986, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data. Never invented.

Off the marketSee what this home is worth now

This home is not listed for sale in the REIN MLS. The home value tool estimates a current value from recent nearby sales.

Homes for sale in Virginia Beach

Listing courtesy of Keisha Raspberry · Atlantic Sothebys Int'l Realty · REIN MLS #10619665