Why this home stands out
What makes 723 Washington Street genuinely unusual is the combination of new-construction bones — built in 2011, so modern systems and finishes — inside one of Hampton Roads' most walkable and historically rich urban neighborhoods. You get the character and energy of Olde Towne Portsmouth without trading away the reliability of a home built in the last fifteen years. Add sub-one-minute access to two major military installations and you have a location that's almost impossible to replicate.
OLDE TOWNE and the Portsmouth real estate market
Olde Towne Portsmouth is one of the oldest and most architecturally significant neighborhoods in Virginia, and 723 Washington Street puts you squarely in the middle of it. The streets here are lined with Federal, Greek Revival, and Victorian-era buildings, and the neighborhood has a genuine sense of place that newer developments simply can't manufacture. Portsmouth itself sits on the western bank of the Elizabeth River, directly across from downtown Norfolk, and the city has been investing steadily in its waterfront and historic core. Olde Towne is walkable in a way that's rare in Hampton Roads — you can reach a coffee shop, a park, a pub, and a market without starting your car. The neighborhood draws a mix of military families, young professionals, and long-time residents who appreciate the scale and texture of an urban neighborhood that still feels like a community. For anyone using a VA loan, the proximity to two bases makes Portsmouth a natural fit.
What's nearby
Daily life at 723 Washington Street is genuinely easy on foot. OLDE TOWNE FOOD MART is 0.1 miles away for quick grocery runs, with Bier Garden Gift Shop & Market and Simply Southern Market of Hampton Roads both within a few blocks. Sun's Sub & Pub, Yoolks On Us, and Griff's Restaurant & Sports are all within 0.1 miles for dinner or a casual night out. Cure and Olde Towne Coffee are your go-to spots for morning coffee at 0.2 and 0.3 miles respectively. For fitness, the Effingham Street Family YMCA and Movement Studio VA are both 0.2 miles away. Columbia Court, Courthouse Square, and Worthington Square are all within three blocks for outdoor time.
For different buyers
For military families relocating
With USCG Base Portsmouth and Norfolk Naval Shipyard each less than a minute away, 723 Washington Street is about as base-adjacent as it gets in Hampton Roads. A VA loan makes ownership here straightforward, and the walkable Olde Towne neighborhood means a relocating family can settle in quickly — coffee shops, markets, parks, and restaurants are all within a short walk from day one.
For buyers drawn to character
If you've been searching for a home with real urban character — walkable streets, historic architecture all around you, neighborhood parks, and local restaurants you'll actually use — Olde Towne Portsmouth delivers. 723 Washington Street gives you that setting with the practical advantage of a 2011 build: modern systems, updated finishes, and 2,015 square feet of space that works for contemporary living.
More buyer questions
How far is 723 Washington Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately a one-minute drive from 723 Washington Street — the base sits just south of the Olde Towne neighborhood, making this one of the closest residential addresses to the shipyard in the entire region.
How far is 723 Washington Street from USCG Base Portsmouth?
USCG Base Portsmouth is also about one minute by car from 723 Washington Street, placing this address within easy reach of both major installations without a highway commute.
What is the walkability like around 723 Washington Street?
Walkability is one of the strongest selling points of this address — grocery options, restaurants, coffee shops, fitness studios, and neighborhood parks are all within 0.1 to 0.6 miles, which is exceptional by Hampton Roads standards.
Is 723 Washington Street in a flood zone?
Flood zone information for 723 Washington Street is available in the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
What are the property details for 723 Washington Street?
The home is a three-bedroom, two-and-a-half-bath residential property with 2,015 square feet of living space, built in 2011 and located in Portsmouth's Olde Towne historic district.
Want to walk the neighborhood or take a closer look at 723 Washington Street? Tom and Dariya Milan at LPT Realty know Portsmouth well — reach out and let's set something up.