Home/Virginia/Virginia Beach/LAKE SMITH TERRACE/1040 Ewell RD, VIRGINIABEACH VA 23455
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Coming Soon
Active
Under Contract
Sold
Off Market

8 days on market

$419,000

1040 Ewell Rd

Virginia Beach, Virginia 23455

MLS# 10633280 · LAKE SMITH TERRACE · Virginia Beach VA

Updated May 14, 2026 · Source: REIN MLS

Est. payment

$2,612/mo

Edit below

Price / sq ft

$197

2,128 sq ft

Days on market

8

New listing

HOA

None

Year built

1966

60 yrs old

Beds

4

Full Baths

2

Half Baths

0

Sq Ft

2,128

Garage

Yes

Residential1 StorySingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

4-bedroom, 2-bath ranch in sought after Lake Smith Terrace offering solid construction and great potential. This home has "good bones" and a functional layout, ready for your cosmetic updates and personal touch. Spacious living areas, generous bedrooms, and a sizable lot provide the perfect canvas to create a modern ranch tailored to your style. Ideal for investors or buyers looking to build equity. Priced to sell an…

Listed by Eric Ziemer · The Real Estate Group

VaHome Team property overview

At a glance

Meet 1040 Ewell Road — a four-bedroom, two-bath, 2,128-square-foot home in Virginia Beach's Lake Smith Terrace neighborhood, built in 1966 and sitting just six minutes from JEB Little Creek-Fort Story. Solid bones, generous space, and everyday conveniences practically at your doorstep.

Read full property overview ↓

Why this home stands out

What sets 1040 Ewell Road apart is the combination of square footage and location that's genuinely hard to find at this intersection of the city. At 2,128 square feet across four bedrooms, there's room to spread out, host, or carve out a dedicated workspace. The 1966 construction means real structural character — not the paper-thin walls of newer builds — and the half-mile grocery corridor means you're never far from what you need.

LAKE SMITH TERRACE and the Virginia Beach real estate market

Lake Smith Terrace is one of those Virginia Beach neighborhoods that rewards people who actually look for it. Tucked in the Haygood area of the city's Bayside district, it carries the quiet confidence of an established mid-century community — mature trees, wider lots, and neighbors who tend to stay. The streets feel residential without feeling remote, and the proximity to both the Chesapeake Bay corridor and the city's interior makes it genuinely central. Virginia Beach as a whole is a city of distinct pockets, and this one sits well. Golfers will note that heron ridge golf club virginia beach va is within easy reach, adding a leisure dimension that's rare this close to the water. The Bayside area has seen steady reinvestment over the years, and Lake Smith Terrace benefits from that momentum without losing the low-key character that makes it appealing in the first place. For anyone wanting a real neighborhood — not a development, not a condo corridor — this address delivers.

What's nearby

Daily life is genuinely easy from 1040 Ewell Road. Colattao Coffee House is just 0.3 miles away for your morning routine, and The Pizzeria and Nara Sushi are both within a three-minute walk for weeknight dinners. Groceries are covered from multiple angles — Harris Teeter, Lidl, and Tienda Murido Latino Mart are all within half a mile, giving you real options. Tropical Smoothie Cafe and McDonald's round out the quick-stop corridor along the main drag. When it's time to move your body, HOTWORX Virginia Beach Haygood, Emerge Fitness, and ArrowFit Human Performance are all close. Haygood Point Park at 0.5 miles is a natural pressure valve for weekend mornings.

For different buyers

For military families relocating

Six minutes to JEB Little Creek-Fort Story and fourteen to NAS Oceana — 1040 Ewell Road puts you in a strong position on both commute and BAH alignment. Four bedrooms means space for a growing family or a dedicated home office, and the established neighborhood offers the stability military families often prioritize. A VA loan can make this address even more accessible; it's worth running the numbers.

For families upgrading

If you're trading up from a smaller home and need four real bedrooms plus room to breathe, 1040 Ewell Road delivers 2,128 square feet in a neighborhood where the streets are quiet and the lot sizes are honest. The proximity to parks, multiple grocery options, and fitness studios means the whole family's routine fits without a long commute to the basics.

Frequently asked questions

How far is 1040 Ewell Road from JEB Little Creek-Fort Story?

The drive is approximately six minutes under normal traffic conditions, making this one of the closer residential options to the base in Virginia Beach. That short commute is a meaningful quality-of-life factor for service members stationed there.

How far is 1040 Ewell Road from NAS Oceana?

NAS Oceana is roughly fourteen minutes away by car, a straightforward drive through the city's interior. The route is well-traveled and avoids most of the beach-area congestion.

What is the Lake Smith Terrace neighborhood like?

Lake Smith Terrace is an established mid-century neighborhood in Virginia Beach's Bayside district, characterized by mature trees, wider lots, and a quiet residential feel. It's close to everyday conveniences without the density of newer development corridors.

Is 1040 Ewell Road in a flood zone?

Flood zone information for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. It's worth reviewing before making any decisions, as flood zone designation affects both insurance requirements and long-term cost.

Does 1040 Ewell Road have an HOA?

Lake Smith Terrace is not governed by a mandatory HOA, which means no association fees or deed restriction layers beyond standard city ordinances — a detail that matters to buyers who prefer fewer constraints on how they use their property.

Want to walk through 1040 Ewell Road in person or get your questions answered before scheduling? Tom and Dariya Milan at LPT Realty know this corner of Virginia Beach well — reach out and let's talk.

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

Location & Neighborhood

Location & Street View

1040 Ewell RD, 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

Looking up FEMA flood zone…

Property Details

Bedrooms

4

Full Baths

2

Half Baths

0

Approx Sq Ft

2,128

Stories

1

Fireplaces

0

Flooring

Carpet, Ceramic, Vinyl, Wood

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Dryer, Elec Range, Refrigerator, Washer

Sale & Tax History

List Price

$419,000

Price / Sq Ft

$197

Annual Taxes

$3,793

Monthly Tax

$316

HOA

None

Tax Rate (effective)

0.91%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 6, 2026$419,000
Currently listed$419,000

Public-Records Assessment

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

7% above assessment

Total Assessed

$391,000

Land

$165,000

Improvement

$226,000

Parcel ID: 14783843090000

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

$2,612/mo

Principal & interest

$2,174

Property tax

$316

Home insurance

$122

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 The Real Estate Group · MLS# 10633280

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

UNDER CONTRACT

$419,000

1040 Ewell RD, VIRGINIABEACH VA 23455

Virginia Beach, Virginia 23455

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Quick Facts

TypeResidential
Year Built1966
Lot Size
Taxes$3,793/yr
HOANone
Heating
Cooling

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