24 days on market
$1,049,900
118 Sleepy Point Way
Suffolk, Virginia 23435
MLS# 10626227 · SLEEPY POINT · Suffolk VA
Updated Apr 17, 2026 · Source: REIN MLS
Est. payment
$6,595/mo
Edit below
Price / sq ft
$253
4,151 sq ft
Days on market
24
HOA
None
Year built
1992
34 yrs old
Beds
5
Full Baths
3
Half Baths
2
Sq Ft
4,151
Garage
Yes
About this home
Stunning waterfront home in desirable Nansemond River Estates offering breathtaking sunsets and deep water access (approx. 30 ft in channel). This spacious 5-bedroom, 3 full bath, 2 half bath residence features over 4,100 sq ft on 1.57 acres. Enjoy a fully renovated eat-in kitchen with open floor plan, perfect for entertaining. Several bathrooms have been updated, including the primary bath with a new jetted tub. Arc…
Listed by Kathy Worthen · BHHS RW Towne Realty
VaHome Team property overview
118 Sleepy Point Way is a five-bedroom, 1992-built home on 1.57 private acres in Suffolk's Sleepy Point neighborhood. With over 4,100 square feet, three full baths, and two half baths, it offers serious space for households that need room to spread out.
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Why this home stands out
What sets 118 Sleepy Point Way apart is the combination of acreage and square footage that's genuinely rare inside a named Suffolk neighborhood. A 1.57-acre lot gives you breathing room, privacy, and outdoor flexibility that smaller suburban lots simply can't match — while the 4,151-square-foot floor plan means the inside keeps pace with the outside. Five bedrooms and five bathrooms across a single residential address is a configuration most buyers have to compromise on. Here, you don't.
SLEEPY POINT and the Suffolk real estate market
Sleepy Point is a quiet, established enclave in northern Suffolk where large lots and mature trees define the streetscape. Homes here were mostly built in the late 1980s and early 1990s, giving the neighborhood a cohesive, settled character that newer developments rarely achieve. Streets are low-traffic, neighbors tend to stay for years, and the overall feel is more rural retreat than suburban grid — even though you're well within reach of everyday conveniences. If you've been searching through houses for sale in Suffolk VA and wondering where the larger, more private parcels hide, Sleepy Point is one of the answers. Suffolk itself is one of the fastest-growing cities in Hampton Roads, with a land area larger than any other Virginia city and a lifestyle that balances genuine open space with solid regional connectivity. The western edge of the city puts you close to the Nansemond River corridor, and the broader community has a strong sense of place that long-time residents are proud of.
What's nearby
Daily life is easy from 118 Sleepy Point Way. Sleepy Hole Park sits just 0.6 miles away — it's a well-regarded Suffolk city park with athletic fields, a golf course, and open green space that makes weekend mornings genuinely enjoyable. When you're ready for a meal out, The Obici House is less than a mile down the road, offering a distinctive dining experience in a historic setting that locals return to regularly. You're also positioned with straightforward access to the retail and grocery corridors along Route 17 and Harbour View, so errands don't require a long drive.
For different buyers
For military families relocating
Joint Staff J7 Suffolk is just 16 minutes away, and NSA Northwest Annex is roughly 20 minutes out — making 118 Sleepy Point Way a practical choice for service members assigned to either installation. A VA loan can make a home at this square footage and acreage more accessible than you might expect, and BAH rates for the Suffolk area have tracked well with northern Suffolk home values. Five bedrooms handles PCS moves with kids, guests, or a home office without any creative math.
For families upgrading
If your current home has started to feel like it's working against you — not enough bedrooms, no yard to speak of, walls that seem to close in on weekends — 118 Sleepy Point Way is the kind of address that solves multiple problems at once. Five bedrooms, over 4,100 square feet, and 1.57 acres give every member of the household genuine space. Sleepy Hole Park is a half-mile walk, and the neighborhood's low-traffic streets are the kind you actually let kids ride bikes on.
Frequently asked questions
How far is 118 Sleepy Point Way from Joint Staff J7 Suffolk?
The drive is approximately 16 minutes under normal traffic conditions, making it one of the more convenient residential locations for personnel assigned to that installation.
How far is 118 Sleepy Point Way from NSA Northwest Annex?
NSA Northwest Annex is roughly 20 minutes away, a commute that's very manageable from northern Suffolk.
What is the lot size at 118 Sleepy Point Way?
The property sits on 1.57 acres, which is notably generous for a neighborhood setting and provides substantial privacy and outdoor space.
Is 118 Sleepy Point Way in a flood zone?
Flood zone information for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation.
What parks and green spaces are near 118 Sleepy Point Way?
Sleepy Hole Park is just 0.6 miles from the front door, offering athletic fields, a golf course, and open recreational space maintained by the City of Suffolk.
Tom and Dariya Milan at LPT Realty know Sleepy Point and the broader Suffolk market well. Reach out to get a straightforward conversation about this address and what it could mean for your next chapter.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
118 Sleepy Point WAY, Suffolk
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
4,151
Stories
3
Fireplaces
0
Flooring
Carpet, Ceramic, Other, Wood
Heating
Nat Gas,Programmable Thermostat,Zoned
Cooling
Central Air,Zoned
Laundry
Interior Features
Bar, Cathedral Ceiling, Fireplace Electric, Fireplace Gas-natural, Primary BR FP, Primary Sink-Double, Pull Down Attic Stairs, Skylights, Walk-In Attic, Walk-In Closet
Appliances
220 V Elec, Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$1,049,900
Price / Sq Ft
$253
Annual Taxes
$10,087
Monthly Tax
$841
HOA
None
Tax Rate (effective)
0.96%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 11, 2026 | $1,049,900 | — |
| Currently listed | — | $1,049,900 | — |
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:
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 Suffolk
Suffolk is Hampton Roads' fastest-growing city and one of the largest in Virginia by land area. Buyers find a mix of new-construction subdivisions in northern neighborhoods like Harbour View and Burbage Grant, charming historic homes in Downtown Suffolk, and substantial rural and waterfront properties throughout the southern half of the city. Suffolk's lower cost of living, generous lot sizes, and easy commute to Naval Medical Center Portsmouth and Norfolk Naval Shipyard make it especially appealing to growing families and military households.
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
$6,595/moPrincipal & interest
$5,448
Property tax
$841
Home insurance
$306
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# 10626227
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,049,900
118 Sleepy Point WAY, SUFFOLK VA 23435
Suffolk, Virginia 23435
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