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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Virginia Beach, VA.
The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
Real estate listings held by brokerage firms other than this broker are marked by the REIN symbol; detailed information about such listings includes the names of listing brokers.
REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.
Users of this Site are granted a limited, nonexclusive license to use the Site and its listing content for personal and noncommercial use only. Information is deemed reliable but not guaranteed. REIN has no control over the conditions under which broker member or any of the respective agents, employees, customers, clients, contractors or representatives use the sold listings information and does not and cannot warrant, and expressly disclaims any warranty with respect to, the accuracy or completeness of the sold listings information or performance or results that may be obtained by their use. You should not base any important financial decisions on this sold listings information, without independently, verifying such information, or consulting with a professional real estate broker for assistance.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.
Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.
Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$28.4K
Per Month
Principal & Interest
$28.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.1K
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
W. T. Cooke Elementary School
1501 Mediterranean Ave
Distance between this listing and this school2.53 miles
Public District Grades PK-5
7
/10
Alanton Elementary School
1441 Stephens Rd
Distance between this listing and this school2.70 miles
Public District Grades PK-5
6
/10
Linkhorn Park Elementary School
977 First Colonial Rd
Distance between this listing and this school2.79 miles
Public District Grades PK-5
Nearby Schools
7
/10
Virginia Beach Middle School
600 25th St
Distance between this listing and this school1.92 miles
Public District Grades 6-8
5
/10
Lynnhaven Middle School
1250 Bayne Dr
Distance between this listing and this school3.04 miles
Public District Grades 6-8
9
/10
Great Neck Middle School
1848 N Great Neck Rd
Distance between this listing and this school4.37 miles
Public District Grades 6-8
Nearby Schools
6
/10
First Colonial High School
1272 Mill Dam Rd
Distance between this listing and this school2.57 miles
Public Magnet Grades 9-12
7
/10
Frank W. Cox High School
2425 Shorehaven Dr
Distance between this listing and this school3.84 miles
Public District Grades 9-12
7
/10
Ocean Lakes High School
885 Schumann Dr
Distance between this listing and this school7.38 miles
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. Most 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).
Interested in 5006 Ocean Front Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.
Virginia Beach, VA housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. In November 2024 in Virginia Beach, VA there were 2.4% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $560,000, while the average time on the real estate market was 22 days.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed. 
Men's Tennis
Men's Tennis
Skiing/snowboarding
Hiking/backpacking
Bloomingdales
Nordstrom
Nordstrom Rack
Bonefish Grill
California Pizza Kitchen
Chipotle
Lexus
BMW
Mazda
News
Talk/Personality
Rock