3 days on market
$349,900
245 Lake Dr
Virginia Beach, Virginia 23451
MLS# 10626584 · SHADOWLAWN · Virginia Beach VA
Updated Apr 13, 2026 · Source: REIN MLS
Est. payment
$2,161/mo
Edit below
Price / sq ft
$357
981 sq ft
Days on market
3
New listing
HOA
None
Year built
1983
43 yrs old
Beds
1
Full Baths
1
Half Baths
0
Sq Ft
981
Garage
No
About this home
Welcome to 245 Lake Dr, a beautifully updated 1 bedroom, 1 bathroom condo in the heart of Virginia Beach just a block from the beach! The kitchen features white shaker cabinets, granite countertops, and opens to a bright, inviting living area. Enjoy your private deck with peaceful lake views. Located just one block from the beach and close to the boardwalk, dining, and shopping. Great opportunity for a primary reside…
Listed by Marianna Nice · Swell Real Estate Co
Location & Neighborhood
Location & Street View
245 Lake DR, 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
1
Full Baths
1
Half Baths
0
Approx Sq Ft
981
Stories
1
Fireplaces
0
Flooring
Vinyl
Heating
Electric,Heat Pump
Cooling
Central Air,Heat Pump
Laundry
Interior Features
Bar, Fireplace Wood
Appliances
220 V Elec, Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Elec Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$349,900
Price / Sq Ft
$357
Annual Taxes
$2,915
Monthly Tax
$243
HOA
None
Tax Rate (effective)
0.83%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 2, 2026 | $349,900 | — |
| Currently listed | — | $349,900 | — |
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 Virginia Beach
Virginia Beach is the largest city in Hampton Roads and one of Virginia's most desirable real estate markets. From oceanfront condos along the boardwalk to golf-course communities in Kempsville, established family neighborhoods in Great Neck, and waterfront homes along the Lynnhaven River, the housing inventory here is unusually varied. The city's strong public schools, mild coastal climate, and proximity to Naval Air Station Oceana keep buyer demand consistent year-round, and active inventory typically ranges from sub-$300K starter homes to multi-million-dollar luxury estates.
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
$2,161/moPrincipal & interest
$1,816
Property tax
$243
Home insurance
$102
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 Swell Real Estate Co · MLS# 10626584
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$349,900
245 Lake DR, VIRGINIABEACH VA 23451
Virginia Beach, Virginia 23451
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