3 months on rocket

5006 Ocean Front Ave, Virginia Beach, VA, 23451

$5,695,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontOcean Front
MLS #10543892
StatusActive

About 5006 Ocean Front Ave

Discover a rare opportunity to own an oversized oceanfront lot in the prestigious Gold Coast area of Virginia Beach. This fully cleared parcel offers an expansive canvas for your dream home, complete with a refreshing pool for those warm coastal days. Nestled in the desirable North End, this prime location combines the tranquility of beachfront living with convenient access to local attractions, dining, and recreational activities. With its breathtaking ocean views and ample space, this lot is perfect for creating a luxurious retreat or a family getaway. Don’t miss your chance to invest in one of Virginia Beach's most coveted neighborhoods!

Property Details

Property Features

Listing Office:

  • Office Name: Atkinson Realty
  • Listing Agent: Chastity Ferguson

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,695,000

Tax Information:

  • Annual Amount: $32,117
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

Med. Sold Price

$320K

Med. Price/SqFt

$223

Avg. Days On Market

27

# of Sold Homes

413

5006 Ocean Front Ave vs Virginia Beach

118 DAYS ON ROCKET

+91 Days

$5,695,000

+$5.3M More

KEY TAKEAWAY

This property is $5.3M more than the Median Sold Price in Virginia Beach, VA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10543892

Listing Office:

  • Office Name: Atkinson Realty
  • Listing Agent: Chastity Ferguson

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$32,117$3,244,100
2020$31,428$3,088,800
2019$29,898$2,982,400
2018$29,279$2,982,400
2017$29,279$2,920,600

History based on county public records data.

Payment Calculator

$28.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.1K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-20568
5
/10
  • W. T. Cooke Elementary School

  • 1501 Mediterranean Ave

  • 2.53 miles

  • Public District Grades PK-5

school-card-donut-20569
7
/10
  • Alanton Elementary School

  • 1441 Stephens Rd

  • 2.70 miles

  • Public District Grades PK-5

school-card-donut-20570
6
/10
  • Linkhorn Park Elementary School

  • 977 First Colonial Rd

  • 2.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,881. Residents of Virginia Beach, VA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5006 Ocean Front Ave

What is the listing price of this property?

The listing price of 5006 Ocean Front Ave property is $5,695,000.

What type of property is this?

The property 5006 Ocean Front Ave is land located in Virginia Beach, Virginia, 23451.

Is this property for sale now?

Active Listing: 5006 Ocean Front Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $32,117 (source: MLS/based on county public records data).
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Rocket HomesVirginiaVirginia Beach234515006 Ocean Front Ave

This home is located at 5006 Ocean Front Ave in Virginia Beach, VA and zip code 23451 in the North End neighborhood. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $5,695,000.

In October 2024 more than 1 listings in Virginia Beach, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The number of listings in Virginia Beach, VA increased by 8.8% between September 2024 and October 2024. In October 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $320,000.

From Rocket Homes Real Estate and based on county public records data.

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