0 days on market
$2,550,000
703 Circle Ln
Virginia Beach, Virginia 23451
MLS# 10636070 · BAY COLONY · Virginia Beach VA
Updated yesterday · Source: REIN MLS
Est. payment
$15,157/mo
Edit below
Price / sq ft
$609
4,186 sq ft
Days on market
0
New listing
HOA
None
Year built
1974
52 yrs old
Beds
5
Full Baths
3
Half Baths
2
Sq Ft
4,186
Garage
Yes
About this home
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 timeles…
Listed by Kathleen Good · BHHS RW Towne Realty
VaHome Team property overview
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.
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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.
Frequently asked 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.
Location & Neighborhood
Location & Street View
703 Circle LN, 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
Property Details
Bedrooms
5
Full Baths
3
Half Baths
2
Approx Sq Ft
4,186
Stories
2
Fireplaces
0
Flooring
Carpet, Marble, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$2,550,000
Price / Sq Ft
$609
Annual Taxes
$14,178
Monthly Tax
$1,182
HOA
None
Tax Rate (effective)
0.56%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 21, 2026 | $2,550,000 | — |
| Currently listed | — | $2,550,000 | — |
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:
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
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed hourly.
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
$15,157/moPrincipal & interest
$13,231
Property tax
$1,182
Home insurance
$744
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# 10636070
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$2,550,000
703 Circle LN, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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