Skip to main content
VaHome.com
✓ Source: REIN MLS #10646010 · record updated Nov 10, 2026 · synced every 2 min · your inquiry is never resold
1 / 2
Open in Google Maps ↗
$174,900est. $1,159/mo all-in · adjust →
1beds
109days on market

740 Cason Ln, Virginia Beach, VA 23462

Under ContractResidential · built 1960 · 0.95 acres · LYNBROOK LANDING · MLS #10646010

Schools
BaysideHigh7.1
BaysideMiddle4.3
Diamond SpringsElementary—
VaHome School ScoreFlood
Low / moderate riskZone X
flood insurance not requiredHOANoneno HOA fee on the MLS recordEst. payment$1,159/moall-in · 20% down · 6.75% · adjustPrice since listing…checking price historyTaxes$2,400/yrasking is 71% of assessmentCondo feeNAnot a condo

OverviewAbout this home

INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller's residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller's residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.

Listing courtesy of Lavette Bell · ONYX Realty Professionals LLC · REIN MLS #10646010

Facts & features

TypeResidential
Year built1960
HOANone
Taxes$2,400/yr
CountyVirginia Beach VA
MLS #10646010

Interior

Bedrooms
1
Stories
1
Flooring
Other
First-floor bed & full bath
Yes

Construction & exterior

Style
Other
Subtype
Detached
Foundation
Other
Roof
Other
Exterior
Other
Pool
No Pool

Utilities & systems

Water
Call
Sewer
Call

Lot, parking & ownership

Lot size
0.9500
Subdivision
LYNBROOK LANDING
Zoning
R75
Ownership
Fee Simple
Garage
No
Possession
SIMPLE
Miscellaneous
Fixer Upper
Disclosures
Disclosure Statement

See more Virginia Beach homes under $200K.

Sources: REIN MLS record · city assessor

Keep searching in Virginia Beach

See all Virginia Beach homes for sale, including homes for sale in 23462 and homes for sale zoned for Bayside High School. Nearby, look at Ridgley Manor homes for sale, Virginia Beach waterfront homes for sale, Virginia Beach condos and townhomes for sale, and new construction homes in Virginia Beach.

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighBayside High School
7.1/10
Up 0.1 from 2024–25
MiddleBayside Middle School
4.3/10
Up 0.6 from 2024–25
ElementaryDiamond Springs Elementary School
—

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Homes like this one sell fast — see the next one first

Virginia Beach$145K – $205K1+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Military Commute

Drive times to nearest bases

Little Creek

Navy

14min·5.4mi

USCG Portsmouth

Coast Guard

16min·8.5mi

NNSY

Navy

18min·9.6mi

NMCP

Navy

20min·10mi

USCG Finance Ctr

Coast Guard

19min·10.7mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

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

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515531

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

20.3 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Not in a designated hurricane evacuation zone.

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhoodRidgley Manor

Ridgely Manor is a planned community in northern Virginia Beach. It is built around Lake Smith and a network of ponds within it. Homes sit along Wesleyan Drive and Ridgely Manor Boulevard, just inside the I-64/Northampton corridor in ZIP 23455.

$311KMedian sale · 12 mo
$201Sold $/sq ft
21dDays on market
10For sale now
$80KHH income
67.4%Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Ridgley Manor →
Map of Ridgley Manor with neighborhood boundaryNeighborhood

Virginia Beach houses for sale →

CostPayment calculator

Estimates only. Taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,159/mo

Principal & interest

$908

Property tax

$200

Home insurance

$51

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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 & historyComparables

Asking vs. assessment71% of $247,400City assessment record · taxes $2,400/yr
Land share of assessed value72% · $177,500Improvements $69,900 · assessor record ✓

Own a home nearby? See what it is worth today: What's your Virginia Beach home worth?

Sale & Tax History

List Price

$174,900

Price / Sq Ft

$0

Annual Taxes

$2,400

Monthly Tax

$200

HOA

None

Tax Rate (effective)

1.37%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 24, 2026$174,900—
Price increasedNov 9, 2026$174,900+$45,000
Currently listed—$174,900—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

29% below assessment

Total Assessed

$247,400

Land

$177,500

Improvement

$69,900

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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
740 Cason Lnthis home$174,9001———
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions buyers ask

Is 740 Cason Ln in a good school zone?
The assigned zones on the listing record are Diamond Springs Elementary School, Bayside Middle (VaHome School Score 4.3/10), Bayside (VaHome School Score 7.1/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 740 Cason 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.
Does 740 Cason Ln have an HOA?
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 740 Cason Ln built?
It was built in 1960, per the listing record.

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

Tom and Dariya Milan

Tom & Dariya Milan | LPT Realty

See it in person with Tom & Dariya

We're local Hampton Roads Realtors. Pick a day and time; one of us confirms by text and meets you there. Prefer to talk first? Call or text (757) 777-7577.

Free, no obligation. One of us confirms by text, usually within the hour during the day. Your inquiry goes to Tom & Dariya, never resold. We use your details to arrange this tour and to follow up with you about it.

740 Cason Ln, Virginia Beach, Virginia 23462 · MLS #10646010 · 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.

✆