Home/Virginia/Virginia Beach/PARK PLACE/854 Park Place DR, VIRGINIABEACH VA 23451
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Coming Soon
Active
Under Contract
Pending
Sold

12 days on market

$549,900

854 Park Place Dr

Virginia Beach, Virginia 23451

MLS# 10632449 · PARK PLACE · Virginia Beach VA

Updated yesterday · Source: REIN MLS

Est. payment

$3,413/mo

Edit below

Price / sq ft

$267

2,059 sq ft

Days on market

12

New listing

HOA

None

Year built

1993

33 yrs old

Beds

3

Full Baths

2

Half Baths

1

Sq Ft

2,059

Garage

Yes

Residential2 StorySingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

This classic traditional design provides timeless curb appeal and a comfortable layout well suited for everyday living and entertaining. Set within an established neighborhood, this property combines a sense of community with easy access to Damn Neck and Oceana Naval bases, beaches and all the exquisite adventures Virginia Beach has to offer.

854 Park Place Drive sits in Virginia Beach's 23451 zip code — a three-bedroom, two-and-a-half-bath single-family home built in 1993 on a quarter-acre lot in the Park Place subdivision. What makes this address genuinely interesting is the geography: Dam Neck Annex is less than a mile away, Red Wing Park is practically across the street, and the Atlantic Ocean is a short drive east. That combination of military adjacency, green space, and beach access is harder to find than it sounds.

The Park Place Neighborhood

Park Place homes occupy a quiet residential pocket in the southern Virginia Beach corridor, surrounded by the kind of mature landscaping that only comes from three decades of growth. The subdivision developed primarily in the late 1980s and early 1990s, which means the street trees are full-grown, the lots are generous by modern standards, and the neighborhood has a settled, established feel that newer master-planned communities simply can't replicate on demand. Streets are laid out in a conventional grid-adjacent pattern, and the .23-acre lots give neighbors enough breathing room to feel like actual neighbors rather than just people who share a wall.

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

Listed by Ann Davis · BHHS RW Towne Realty

VaHome Team property overview

At a glance

854 Park Place Drive is a 3-bedroom, 2.1-bath single-family home in Virginia Beach's Park Place neighborhood, offering 2,059 square feet on nearly a quarter-acre lot, built in 1993, and sitting just two minutes from Dam Neck Annex.

Read full property overview ↓

Why this home stands out

What sets 854 Park Place Drive apart is the combination of a generous lot — 0.2325 acres in an established neighborhood — and an almost unbeatable military commute. Dam Neck Annex is literally two minutes away, and NAS Oceana is six. Add Red Wing Park half a mile from your front door and everyday errands within a mile, and this address checks boxes that are genuinely hard to find together in Virginia Beach.

PARK PLACE and the Virginia Beach real estate market

Park Place sits in the southern reaches of Virginia Beach, a quiet residential pocket that punches above its weight on convenience. The streets here are mature and tree-lined, with single-family homes on real lots — not the postage-stamp yards you find closer to the Oceanfront. At 0.2325 acres, 854 Park Place Drive gives you actual outdoor space, which feels rare when you're browsing virginia beach houses for sale and keep seeing tiny footprints. The neighborhood has a settled, lived-in character: neighbors know each other, kids ride bikes, and the pace is easy without feeling remote. Virginia Beach's broader amenities — the Oceanfront, Town Center, and major retail corridors — are all reachable in under 20 minutes. But day-to-day, Park Place residents rarely need to leave the immediate area. Groceries, coffee, a pharmacy, fitness options, and one of the city's most beloved parks are all within a mile. It's the kind of address where you stop thinking about logistics and start just living.

What's nearby

Step outside and Red Wing Park is 0.2 miles away — one of Virginia Beach's most popular green spaces, complete with the famous cherry blossom trees and a dedicated dog park just 0.3 miles out. Morning coffee is a quick trip to Dunkin' or Wawa, both 0.4 miles away, or Khoalitea Cafe at 0.7 miles for something different. Grocery runs are easy with the NAS Oceana Commissary at 0.6 miles, ALDI at 0.8 miles, and Food Lion Pharmacy at 1.0 mile. For fitness, Elevate Training Club, Valhalla Barbell Club, and Curves are all within 0.8 miles.

For different buyers

For military families relocating

Two minutes to Dam Neck Annex. Six minutes to NAS Oceana. For military families, that commute math is hard to argue with. VA loan eligibility makes this kind of established, move-up home genuinely accessible, and BAH rates in Virginia Beach are sized for neighborhoods like Park Place. Proximity to the NAS Oceana Commissary — under a mile — keeps the full military lifestyle intact without any sacrifice on location.

For families upgrading

If you're ready to trade up to more space, 854 Park Place Drive delivers 2,059 square feet, 3 bedrooms, 2.1 baths, and a nearly quarter-acre lot in a neighborhood that already feels like home. Red Wing Park and its dog park are a short walk away, and the established Park Place streets have the kind of settled energy that makes upgrading feel like arriving — not just moving.

Frequently asked questions

How far is 854 Park Place Drive from Dam Neck Annex?

Dam Neck Annex is approximately 2 minutes from 854 Park Place Drive, making it one of the closest residential addresses to the base in Virginia Beach. NAS Oceana is also nearby at roughly 6 minutes.

What is Red Wing Park and how close is it?

Red Wing Park is one of Virginia Beach's most popular public parks, known for its walking trails, cherry blossom trees, and a dedicated dog park — it's just 0.2 miles from 854 Park Place Drive, an easy walk from the front door.

Is 854 Park Place Drive in a flood zone?

Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data for the property.

Does Park Place have an HOA?

HOA status for 854 Park Place Drive should be confirmed through current listing disclosures or directly with the seller, as community governance can change over time.

What grocery stores are near 854 Park Place Drive?

The NAS Oceana Commissary is 0.6 miles away, ALDI is 0.8 miles, and Food Lion Pharmacy is 1.0 mile — giving you solid everyday grocery options all within a mile of home.

Want to know more about 854 Park Place Drive or explore other homes in Park Place and Virginia Beach? Tom and Dariya Milan at LPT Realty are ready to help you take the next step.

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

Location & Neighborhood

Location & Street View

854 Park Place 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

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Property Details

Bedrooms

3

Full Baths

2

Half Baths

1

Approx Sq Ft

2,059

Stories

2

Fireplaces

0

Flooring

Carpet, Vinyl, Wood

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup

Sale & Tax History

List Price

$549,900

Price / Sq Ft

$267

Annual Taxes

$4,788

Monthly Tax

$399

HOA

None

Tax Rate (effective)

0.87%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 1, 2026$549,900
Currently listed$549,900

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 14, 2026.

11% above assessment

Total Assessed

$493,600

Land

$250,000

Improvement

$243,600

Parcel ID: 24158851020000

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.

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.

See more Virginia Beach homes for sale →

Military Commute

Drive times to nearest bases

Drive 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

$3,413/mo

Principal & interest

$2,853

Property tax

$399

Home insurance

$160

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# 10632449

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$549,900

854 Park Place DR, VIRGINIABEACH VA 23451

Virginia Beach, Virginia 23451

Request Info

Quick Facts

TypeResidential
Year Built1993
Lot Size0.2325
Taxes$4,788/yr
HOANone
Heating
Cooling

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