Bay Island Homes for Sale in Virginia Beach, VA
Bay Island is a small island neighborhood off Shore Drive in ZIP 23451, surrounded by Broad Bay and the tidal creeks that feed it, part of the Lynnhaven River system. It was platted in the early 1960s, and the homes that closed in the last two years were built between 1962 and 1989, with 1964 the median year. Every one of them was waterfront. REIN listings describe bulkheads, boat lifts, deep water and private docks on canals and on the bay itself. Lots run about half an acre. The neighborhood has no homeowners association, no through traffic and one way in, which is why it stays quiet despite sitting minutes from the Lesner Bridge and the Chesapeake Bay beaches.
Neighborhood6
Sold · last 12 mo
$1,212,000
Median sale price
$412
Median sold $/sq ft
62
Median days on market
No active listings in Bay Island right now
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Living in Bay Island
Life on Bay Island is organized around the dock. Owners keep boats behind the house and run out through the Lynnhaven Inlet to the Chesapeake Bay in a few minutes, or stay in Broad Bay for calm water. First Landing State Park's trails and beach are across Shore Drive. Recent sales were zoned to John B. Dey Elementary, Great Neck Middle and Frank W. Cox High; confirm zoning by address. The island is in hurricane evacuation Zone A, the first zone called in a storm, and half of the recently sold homes sat in a FEMA high-risk flood zone. Flood insurance and the elevation certificate are part of every purchase here. None of the recent sales were inside a Navy jet-noise contour.
Bay Island turns over slowly, a few homes a year, because the lots cannot be replaced: there is a fixed number of bulkheaded, deep-water parcels on the island and nothing new is being built. Sales split between original 1960s ranches and two-story homes, and between houses kept close to original and ones rebuilt to the studs. That spread is why prices here vary more than the small sample suggests. Buyers should price the bulkhead and dock as seriously as the house; a failing bulkhead is a six-figure repair on tidal water. The live sold table above shows the current medians, and the flood tile on every listing shows that home's exact zone and elevation.
What Bay Island homes actually sell for
Computed from REIN MLS closed sales over the trailing 12 months — updates with every MLS sync, not a third-party monthly aggregate.
$1,212,000
Median sale price · 12 mo
6 closed sales
$412
Median sold $ / sq ft
closed sales with recorded sq ft
62 days
Median days on market
for homes that closed
—
Active listing range
0 on the market today
| Property type | Sold · 12 mo | Median sale price |
|---|---|---|
| Detached homes | 6 | $1,212,000 |
Source: REIN MLS closed sales, trailing 12 months, computed by VaHome.
How Bay Island compares
The 3 closest Virginia Beach neighborhoods VaHome profiles, measured from map center to map center. Same 12-month REIN closed-sales math for every row.
| Neighborhood | Median sale | $ / sq ft | Days on mkt | Sold · 12 mo | For sale |
|---|---|---|---|---|---|
| Bay Island | $1,212,000 | $412 | 62 | 6 | 0 |
| Broad Bay Point Greens · 0.9 mi | $1,175,000 | $336 | 11 | 9 | 2 |
| Baycliff · 1.7 mi | $995,000 | $354 | 2 | 11 | 3 |
| Lynnhaven · 1.7 mi | $460,000 | $306 | 23 | 68 | 30 |
Source: REIN MLS closed sales, trailing 12 months, refreshed every 10 minutes. Neighborhoods with fewer than 5 closed sales are left out so no row rests on one or two homes.
What the homes in Bay Island are like
Age, size, lot and price band of the 6 Bay Island homes that closed since Oct 16, 2025, as recorded in the REIN MLS.
1964
Median year built
6 sales with a recorded year
2,301 sq ft
Median living area
3-bedroom is the most common layout
22,220 sq ft (0.51 ac)
Median lot · detached
5 detached sales with a recorded lot
| Price range by type | Sold · 12 mo | Lower quarter | Median | Upper quarter |
|---|---|---|---|---|
| Detached homes | 6 | $885,000 | $1,212,000 | $1,842,500 |
Lower and upper quarter are the 25th and 75th percentile sale prices. Half of all sales fell between them.
HOA reality
0%
Sales with an HOA
0 of 6 closed sales where REIN recorded an association
Fees are what the listing agent entered at the time of sale. Confirm the current amount and what it covers with the association before you write an offer.
Source: REIN MLS closed sales since Oct 16, 2025, computed by VaHome. Any figure with fewer than 5 recorded homes is left out.
Recently sold in Bay Island
The latest 6 closings from the REIN MLS. Each opens the home's full sold record.
2305 Spindrift RD, VIRGINIA BEACH VA 23451
3 bd · 2 ba · 2,580 sqft
$1,125,000
Sold Sep 2026
2336 Spindrift RD, VIRGINIA BEACH VA 23451
6 bd · 4.2 ba · 4,783 sqft
$1,842,500
Sold Sep 2026
2621 Broad Bay RD, VIRGINIA BEACH VA 23451
3 bd · 2 ba · 2,009 sqft
$885,000
Sold Jun 2026
2037 Alphine RD, VIRGINIA BEACH VA 23451
3 bd · 2 ba · 2,022 sqft
$785,000
Sold May 2026
2148 Windward Shore DR, VIRGINIA BEACH VA 23451
4 bd · 2.1 ba · 1,969 sqft
$1,299,000
Sold Apr 2026
2208 Windward Shore DR, VIRGINIA BEACH VA 23451
5 bd · 4.1 ba · 5,324 sqft
$1,995,000
Sold Feb 2026
What buyers should know
Neutral counts from the 14 Bay Island homes VaHome has mapped against federal and state hazard layers — shown the same way for every neighborhood.
43%
of mapped homes sit in FEMA high-risk flood zones
X · 8 · AE · 6 — lenders require flood insurance in AE/VE
0 of 14
mapped homes inside a Navy jet-noise (AICUZ) contour
Every VaHome listing shows its exact noise zone and Accident Potential Zone.
Zone A
hurricane evacuation zone
Va. Dept. of Emergency Management — Know Your Zone.
Sources: FEMA National Flood Hazard Layer · U.S. Navy AICUZ via city GIS · Virginia Dept. of Emergency Management.
Census profile of the Bay Island area
$126,250
Median household income
43.4
Median age
56.9%
Owner-occupied households
67.1%
Bachelor's degree or higher
Source: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates (2020–2024), census-tract level for the Bay Island area. Shown identically for every neighborhood.
Bases & commutes
Straight-line distances from the center of Bay Island. Every listing page shows live drive times with traffic.
Listings & market data updated October 2026 · Live REIN MLS data
Bay Island real estate FAQ
Where is Bay Island located in Virginia Beach?+
Bay Island sits in the Great Neck area off Shore Drive, on a narrow island. Long Creek lies to the north and Broad Bay to the south, both offshoots of the Lynnhaven River. A bridge off West Great Neck Road is the only way in, so the layout feels tucked away. Homes sit close to the Shore Drive corridor, First Landing State Park, and the Lynnhaven Inlet.
Are there waterfront homes with docks in Bay Island?+
Yes. Most homesites in Bay Island are bulkheaded and on the water. Many include private piers, docks, and boat lifts on Long Creek or Broad Bay. Boaters have navigable deep-water access out to the Lynnhaven Inlet and the Chesapeake Bay. Direct-waterfront lots with bay and creek views define the neighborhood.
What kinds of homes are in Bay Island?+
Bay Island has few homes for sale at any time. Its custom waterfront homes are a mix. Some are original mid-century houses from the 1950s and 1960s. Others were heavily updated or rebuilt as larger custom homes on the water. Many sit on big, bulkheaded lots set up to capture the water views.
What schools serve Bay Island?+
Bay Island is part of Virginia Beach City Public Schools, or VBCPS. The neighborhood is usually zoned for John B. Dey Elementary and Great Neck Middle School. The zoned high school is usually Frank W. Cox High School. Attendance zones and GreatSchools ratings can change. Confirm the schools for a given address with VBCPS before you buy.
How far is Bay Island from the Oceanfront and the nearest base?+
From Bay Island, Shore Drive runs one way toward the Virginia Beach resort area and Oceanfront. The other way leads toward the Norfolk side of Hampton Roads. Joint Expeditionary Base Little Creek-Fort Story sits in northern Virginia Beach along Shore Drive. It is a short drive away. The location works well for boaters and for commuters on the bayfront corridor.
How competitive is the Bay Island real estate market?+
Bay Island is a small waterfront enclave. Only a handful of homes are typically listed at any time. Supply is limited, and interest in deep-water dockage and bay views is steady. That means well-positioned listings can move quickly. The live stats above show current listing activity and the latest market figures for the neighborhood.
About Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle. Options run from oceanfront condos along the famous Boardwalk to large waterfront estates. Those estates sit on the Lynnhaven River and Linkhorn Bay. Virginia Beach is the largest city in Hampton Roads. Its real estate market is more varied than most. Great Neck in ZIP 23454 has established neighborhoods. Kempsville in 23464 has golf-course neighborhoods. Town Center in 23462 has modern townhomes close by. Sandbridge in 23456 has beach-cottage living. You might want a starter home under $300K. You might want a home in a top-rated school district. Or you might want a luxury home north of $2 million. The active MLS inventory here covers all three. It syncs from REIN every 2 minutes. Buyer demand stays strong year-round. The mild coastal climate helps. So do the Virginia Beach City Public Schools, top-ranked year after year. Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High are among them. Naval Air Station Oceana is here too. It is the largest master jet base in the country. VA loan financing is widely used here. First-time buyers tend toward the inland ZIPs 23464, 23456, and 23452. Second-home and luxury buyers tend toward 23451, the Oceanfront and North End, and 23454, Great Neck and Bay Colony. Below you'll find every active Virginia Beach home for sale. It is pulled live from the REIN MLS and refreshed every 2 minutes.
Schools serving Virginia Beach
Browse Virginia Beach homes by VBCPS attendance zone. Zoning is assigned by address and can change — always confirm a specific home’s zoned schools with the school division.
Looking for a realtor for Bay Island?
Looking for a realtor for Bay Island? Tom & Dariya Milan, Realtors know Bay Island street by street. Brokered by LPT Realty. As Virginia Beach real estate agents, they track every Bay Island sale. 6 homes have sold here in the last 12 months, at a median of $1,212,000. They watch each new listing as it comes to market. They also know what Bay Island buyers and sellers should expect next.
Need a Bay Island buyer’s agent to find the right home? Or a listing agent to sell your Bay Island house? The first conversation is free. There is never any pressure, just straight local answers. Thinking of selling? Start with a free home value estimate for Bay Island. It is instant, built from REIN closed sales. A hand-built report follows within 24 hours.
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What residents say about Bay Island
Honest, moderated reviews from people who’ve lived in Bay Island. Share your own experience to help future neighbors decide.
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