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Virginia BeachBAY COLONY703 Circle Ln✓ Source: REIN MLS #10636070 · record updated Jun 30, 2026 · synced every 2 min · your inquiry is never resold
703 Circle LN, VIRGINIA BEACH VA 23451 - Main photo
$2,475,000
$591 / sqft · est. $14,746/mo →
5beds
3.2baths
4,186sqft
5days on market

703 Circle Ln, Virginia Beach, VA 23451

SoldResidential · built 1974 · BAY COLONY

About this home

The listing, in the seller's words

Experience the ultimate coastal lifestyle less than a mile from the sandy shores of the Atlantic Ocean in this pristine, move-in ready 5-BR, 4186 sq ft sophisticated Bay Colony home. The breathtaking exterior grounds are a true resort-style masterpiece & feature a rare .8 acre impeccable, extremely private lot, a custom pool, pool house, elegant pergola, outdoor fireplace & premium limestone pavers. Featuring timeless, custom finishes & an open design perfect for entertaining, the kitchen offers generous granite counters, high end appliances including Miele & GE Monogram & an architectural hood. The impressive owner's suite features 2 closets and a renovated, spa-like bath. Wonderful flow floorplan features large rooms; excellent for entertaining. Leading to the stately front entrance, the long, brick paver circular driveway is lined with meticulous landscaping. Live the best of both worlds; privacy & sq footage in highly sought after Bay Colony yet a quick golf cart ride to the beach!

Listing courtesy of Kathleen Good · BHHS RW Towne Realty · REIN MLS #10636070

VaHome team overview

Our read on this home

At a glance

703 Circle Lane is a spacious 5-bedroom, 3.2-bath home in Virginia Beach with over 4,100 square feet of living space, built in 1974. It sits minutes from NAS Oceana and Dam Neck Annex, with Bay Colony Park just two-tenths of a mile away.

Read the full overview ↓

Why this home stands out

At 4,186 square feet, 703 Circle Lane offers room that most Virginia Beach addresses simply can't match at this size — five bedrooms, three full baths, and two half baths spread across a well-proportioned floor plan built in 1974. The lot's proximity to Bay Colony Park and a walkable cluster of local restaurants and coffee spots makes this address as livable as it is spacious.

BAY COLONY and the Virginia Beach real estate market

Virginia Beach is one of the most sought-after places to put down roots in Hampton Roads, and 703 Circle Lane sits in a quiet residential pocket that captures the best of what the city offers. The surrounding streets have a settled, established feel — mature trees, generous lot sizes, and a pace that's a little slower than the resort strip a short drive east. This part of Virginia Beach draws people who want real neighborhood character without sacrificing convenience. When people search for homes virginia beach, they're often chasing exactly this kind of balance: proximity to the ocean, easy base access, and a genuine sense of community. The address falls within Virginia Beach city limits, placing you close to the Oceanfront corridor while keeping you insulated from its busiest energy. Bay Colony Park is practically at your doorstep, and the broader area connects quickly to Shore Drive, the Chesapeake Bay, and the network of parks and green space that define this stretch of the city.

What's nearby

Bay Colony Park is 0.2 miles away — an easy walk for morning routines or afternoon breaks. Becca Restaurant & Garden, Hunt Room, and Orion's Roof are all within 0.8 miles, giving you a genuinely varied dining scene right around the corner. When you need a coffee run, We Scream Ice Cream and Coffee Shop and The Green Cat Juice Bar & Market are both under a mile out. Buff's Garden and Cavalier Grand Lawn add more outdoor options at 0.7 miles. For quick grocery needs, TASTE is 1.0 mile away. Daily life is easy here.

For different buyers

For military families relocating

NAS Oceana is eight minutes from 703 Circle Lane, and Dam Neck Annex is twelve — commute times that make a real difference during busy operational schedules. Five bedrooms give growing military families the space to spread out, and a VA loan can make a house this size more accessible than many buyers expect. Virginia Beach's stable housing market also makes this address a strong long-term anchor between PCS moves.

For families upgrading

If you've outgrown your current space, 703 Circle Lane answers the call. Five bedrooms and over 4,100 square feet mean everyone gets room to breathe — whether that's a dedicated home office, a playroom, or a proper guest suite. Bay Colony Park is steps away for weekend mornings, and a walkable lineup of restaurants means family dinners out are never far. This is what a house in virginia beach looks like when it's built for real life.

More buyer questions

How far is 703 Circle Lane from NAS Oceana?

NAS Oceana is approximately 8 minutes from 703 Circle Lane by car, making it one of the more convenient base commutes available in this part of Virginia Beach.

How far is 703 Circle Lane from Dam Neck Annex?

Dam Neck Annex is about 12 minutes away, a straightforward drive that works well for personnel assigned to either installation.

What parks are near 703 Circle Lane?

Bay Colony Park is just 0.2 miles away, making it the closest green space — Buff's Garden and Cavalier Grand Lawn are both within 0.7 miles for additional outdoor options.

Is 703 Circle Lane in a flood zone?

Flood zone designation for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date information.

Does 703 Circle Lane have an HOA?

HOA status for this property is confirmed in the listing details section — check the property data panel on this page for the current HOA information.

Want to walk through 703 Circle Lane in person? Tom and Dariya Milan at LPT Realty know this part of Virginia Beach well — reach out to schedule a visit.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1974

Price / sqft

$591

HOA

None

Taxes

$14,178/yr

County

Virginia Beach VA

Waterfront

Yes

MLS #

10636070

Interior

Bedrooms
5
Full baths
3
Half baths
2
Approx. sqft
4,186
Stories
2
Flooring
Carpet, Marble, Wood
Ensuite bedrooms
1
Total rooms
11
Other rooms
Attic, Breakfast Area, Fin. Rm Over Gar, Foyer, PBR with Bath, Office/Study, Pantry, Porch, Sun Room, Utility Room
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Equipment
Backup Generator, Cable Hookup, Ceiling Fan, Gar Door Opener, Jetted Tub, Security Sys

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl, Sealed/Encapsulated Crawl Space
Roof
Asphalt Shingle
Exterior
Brick
Pool
In Ground Pool
Fencing
Back Fenced,Decorative,Privacy
Waterfront
Not Waterfront

Utilities & systems

Heating
Forced Hot Air, Heat Pump, Nat Gas, Programmable Thermostat
Cooling
Central Air, Zoned
Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
BAY COLONY
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, Multi Car, Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

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 neighborhood

Bay Colony

Bay Colony is one of Virginia Beach's most established waterfront neighborhoods, set on a peninsula that reaches into Linkhorn Bay near Crystal Lake on the city's North End.

1

For sale now

$135K

HH income

68.2%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Bay Colony
Map of Bay Colony with neighborhood boundaryNeighborhood

VA Beach homes for sale

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

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.

The numbers

Run the real carrying cost

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$14,746/mo

Principal & interest

$12,842

Property tax

$1,182

Home insurance

$722

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$1,600,000$3,400,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

4064 Harlow ST · 0.7 mi · 4,040 sqft$2,900,000 sold 2026-07
1005 Ditchley RD · 0.5 mi · 3,800 sqft$1,695,000 sold 2026-05
114 Pinewood RD · 0.9 mi · 3,900 sqft$2,500,000 sold 2026-06

Sale & Tax History

List Price

$2,475,000

Price / Sq Ft

$591

Annual Taxes

$14,178

Monthly Tax

$1,182

HOA

None

Tax Rate (effective)

0.57%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 25, 2026$2,475,000
Price reducedJun 30, 2026$2,475,000−$75,000
SoldJun 29, 2026$2,475,000

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.

Questions buyers ask

Real questions, answered from the record

Is 703 Circle Ln in a good school zone?+
The assigned zones on the listing record are Linkhorn Park Elementary (GreatSchools 9/10), VB Middle, Frank W. Cox (GreatSchools 7/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 703 Circle Ln 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.
Is there a gym near 703 Circle Ln?+
Yes — Holiday Inn & Suites Virginia Beach - North Beach by IHG is about 0.9 miles away, per the cached nearby-places record for this address.
Are there parks near 703 Circle Ln?+
Bay Colony Park is about 0.2 miles away.
Where is the nearest grocery store to 703 Circle Ln?+
TASTE is about 1 miles away. The closest dining on record is Becca Restaurant & Garden (0.7 mi).
Does 703 Circle Ln have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 703 Circle Ln built?+
It was built in 1974, per the listing record.

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

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Kathleen Good · BHHS RW Towne Realty · REIN MLS #10636070

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

703 Circle Ln, Virginia Beach, Virginia 23451 · MLS #10636070 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.