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Virginia BeachMAGIC HOLLOW996 Lynnhaven Parkway✓ Source: REIN MLS #10569928 · record updated Jun 17, 2026 · synced every 2 min · your inquiry is never resold
996 Lynnhaven Parkway, Virginia Beach VA 23452 - Main photo
996 Lynnhaven Parkway, Virginia Beach VA 23452 - Photo 2
996 Lynnhaven Parkway, Virginia Beach VA 23452 - Photo 3
996 Lynnhaven Parkway, Virginia Beach VA 23452 - Photo 4
996 Lynnhaven Parkway, Virginia Beach VA 23452 - Photo 5
$1,350,000
$685 / sqft · est. $7,399/mo →
4beds
2baths
1,971sqft
489days on market

996 Lynnhaven Parkway, Virginia Beach, VA 23452

Under ContractResidential · built 1940 · MAGIC HOLLOW

About this home

The listing, in the seller's words

Existing structure as is where is. Value is in the land. One of the last remaining parcels left in the Lynnhaven River Corridor. Lot is just over 1.2 Acres. City has indicated rezoning as an option. There is a 16ft utility easement across road frontage. All city utilities available. Rare property with great re-development potential.

Listing courtesy of Johnathan King · BHHS RW Towne Realty · REIN MLS #10569928

VaHome team overview

Our read on this home

At a glance

996 Lynnhaven Parkway sits on 1.28 acres in Virginia Beach's Magic Hollow neighborhood — a rare find with four bedrooms, two baths, and 1,971 square feet of living space in a home that dates back to 1940 and carries real character.

Read the full overview ↓

Why this home stands out

Over an acre of land inside Virginia Beach city limits is genuinely hard to come by, and 996 Lynnhaven Parkway delivers exactly that. The 1940 build gives the home a solidity and charm that newer construction rarely matches, while the lot size opens up possibilities — room to spread out, garden, entertain, or simply breathe — that most neighborhood properties in this price corridor can't offer.

MAGIC HOLLOW and the Virginia Beach real estate market

Magic Hollow is one of those Virginia Beach neighborhoods that locals know and out-of-towners discover and immediately want in on. The area has a grounded, established feel — mature trees, generous lot sizes, and a mix of longtime residents and newer families who value space over flash. It sits in the western reaches of Virginia Beach, well away from the oceanfront crowds but still fully connected to everything the city offers. When people searching for houses for sale in Virginia Beach stumble onto Magic Hollow, they're often surprised by how much land and how much quiet they can find this close to major corridors. Lynnhaven Parkway itself is a well-traveled artery that keeps you linked to shopping, dining, and the interstate without making you feel like you live on a busy road. Virginia Beach is a sprawling, diverse city, and Magic Hollow represents one of its more relaxed, residential corners — the kind of place where a 1.28-acre lot feels perfectly at home.

What's nearby

Daily life is easy from 996 Lynnhaven Parkway. Foodies The Local's Market is just 0.2 miles away — a neighborhood favorite for fresh, local picks — and Tienda y Tortilleria Natasha is right alongside it for authentic eats. Ichiban Japanese Food Store and Kielbasa European Food, both within 0.4 miles, add some genuinely interesting grocery variety to the mix. Blackstone Neighborhood Park is a quick 0.2-mile walk when you need fresh air, and Scarborough Square Park and Lamplight Manor Park are both within half a mile. Virginia Beach Yoga and Wellness and Virginia Beach Athletics, each 0.2 miles out, cover your fitness options without a long drive.

For different buyers

For military families relocating

NAS Oceana is roughly five minutes from your front door, and Dam Neck Annex is about twelve — two of the most important installations in Hampton Roads, both within easy commuting range. For a service member using a VA loan, a four-bedroom home on 1.28 acres this close to base is a combination that doesn't come up often. BAH for the Virginia Beach area makes a property like this well worth a serious look.

For buyers drawn to character

If you've been scrolling past subdivision homes that all look the same, 996 Lynnhaven Parkway is a different conversation. Built in 1940, it carries the kind of bones and proportion that newer builds simply don't replicate. Add more than an acre of land in an established Virginia Beach neighborhood, and you have a property with genuine personality — the sort of place that rewards people who appreciate history, space, and a home that tells a story.

More buyer questions

How far is 996 Lynnhaven Parkway from NAS Oceana?

NAS Oceana is approximately five minutes from 996 Lynnhaven Parkway, making it one of the closest residential options to the base in Virginia Beach. Dam Neck Annex is about twelve minutes away.

What is the lot size at 996 Lynnhaven Parkway?

The lot measures 1.283 acres, which is substantially larger than most residential parcels in the Virginia Beach area and one of the defining features of this property.

How old is the house at 996 Lynnhaven Parkway?

The home was built in 1940, giving it over eight decades of history and the kind of structural character associated with mid-century residential construction in Hampton Roads.

Is 996 Lynnhaven Parkway in a flood zone?

Flood zone information for this address is available through the FloodRisk tile on this page, which pulls current FEMA map data for the parcel.

What neighborhood is 996 Lynnhaven Parkway in?

The property is located in Magic Hollow, an established residential neighborhood in Virginia Beach known for its larger lots, mature landscaping, and proximity to Lynnhaven Parkway.

Curious about 996 Lynnhaven Parkway? Tom and Dariya Milan at LPT Realty know Magic Hollow well — reach out and let's talk through what this property could mean for you.

Summary generated by AI from public records and publicly available information.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1940

Price / sqft

$685

HOA

None

County

Virginia Beach VA

Waterfront

Yes

MLS #

10569928

Interior

Bedrooms
4
Full baths
2
Approx. sqft
1,971
Stories
1
Flooring
Ceramic, Vinyl
First-floor bed & full bath
Yes
Total rooms
8
Other rooms
1st Floor BR, 1st Floor Primary BR, Office/Study, Sun Room
Interior features
Fireplace Wood
Appliances
Dryer Hookup, Gas Range, Refrigerator, Washer Hookup

Construction & exterior

Style
Bungalow
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Other
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

Heating
Forced Hot Air,Oil
Cooling
Central Air
Water heater
Electric
Water
Well
Sewer
City/County

Lot, parking & ownership

Lot size
1.2830
Approx. acres
1.28
Subdivision
MAGIC HOLLOW
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 3+ Car
Possession
SETTLE
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

Flood & environment

FEMA flood zone AE · base flood elevation 7 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515531

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone B

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

Military Aircraft Zone Information

Aircraft Noise

>75 dB DNL

Accident Potential Zone

APZ-2

Source: U.S. Navy AICUZ — Air Installations Compatible Use Zones (via city GIS)

Explore this neighborhood

Princess Anne

Princess Anne Plaza is one of central Virginia Beach's larger established planned communities, set between Holland Road and Virginia Beach Boulevard near the Lynnhaven corridor in the 23452 ZIP code.

$370K

Median sale · 12 mo

$256

Sold $/sq ft

11d

Days on market

15

For sale now

$80K

HH income

82.4%

Owner-occupied

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

Explore Princess Anne
Map of Princess Anne with neighborhood boundaryNeighborhood

Virginia Beach houses for sale

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive 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.

The numbers

Run the real carrying cost

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$7,399/mo

Principal & interest

$7,005

Property tax

$0

Home insurance

$394

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.

Value & history

Judge value on real ground

Asking vs. assessment

392% of $344,200

City assessment record

Land share of assessed value

46% — $160,000

Improvements $184,200 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$465,000$495,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

3193 Crestwood LN · 2.3 mi · 1,850 sqft$465,000 sold 2026-02
3212 Winterberry CT · 2.4 mi · 2,063 sqft$495,000 sold 2026-06
2008 Twinflower CT · 2.4 mi · 2,079 sqft$495,000 sold 2026-03

Sale & Tax History

List Price

$1,350,000

Price / Sq Ft

$685

Annual Taxes

N/A

Monthly Tax

N/A

HOA

None

Tax Rate (effective)

N/A

Sale Timeline (this listing)

EventDatePriceDetail
ListedFeb 13, 2025$1,350,000
Currently listed$1,350,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

292% above assessment

Total Assessed

$344,200

Land

$160,000

Improvement

$184,200

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.

Questions buyers ask

Real questions, answered from the record

Is 996 Lynnhaven Parkway in a good school zone?+
The assigned zones on the listing record are Holland Elementary (GreatSchools 7/10), Corporate Landing Middle (GreatSchools 9/10), Ocean Lakes (GreatSchools 8/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 996 Lynnhaven Parkway in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 7 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 996 Lynnhaven Parkway?+
Yes — Virginia Beach Yoga and Wellness is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 996 Lynnhaven Parkway?+
Blackstone Neighborhood Park is about 0.2 miles away.
Where is the nearest grocery store to 996 Lynnhaven Parkway?+
bp is about 0.4 miles away. The closest dining on record is 7-Eleven (0.1 mi).
Does 996 Lynnhaven Parkway have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 996 Lynnhaven Parkway built?+
It was built in 1940, per the listing record.

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

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Johnathan King · BHHS RW Towne Realty · REIN MLS #10569928

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

996 Lynnhaven Parkway, Virginia Beach — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

996 Lynnhaven Parkway, Virginia Beach, Virginia 23452 · MLS #10569928 · 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.