For sale

$2,450,000

1005 Bay Colony Dr, Virginia Beach, VA 23451

4beds

3,300sqft

$14,753/mo

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Single Family Residence

Built in 1955

1.25 Acres Lot

$2,320,000 Zestimate^®

$742/sqft

$-- HOA

What's special

Charming gazeboWaterfront homeBrick homePrivate park-like propertyPeaceful water viewsTall hedgesSpacious primary suite

Exceptional waterfront home on Bay Colony Drive, set on approx. 1.25 acres across two lots. Located on a tidal lake off Linkhorn Bay, this private, park-like property is just minutes from the ocean. Originally built in 1954 and fully renovated in 2007, the brick home features 4 bedrooms, 4 baths, a sunroom, and a spacious primary suite. Quality construction and updates throughout, including a newer Carrier 4-ton heat pump. Beautifully landscaped with mature trees, tall hedges, and a circular drive for added privacy. Enjoy peaceful water views from the charming gazebo. A rare opportunity to own one of the finest lots in Bay Colony offers space, privacy, and coastal living at its best.

78 days
994
32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Rooms

Room types: 1st Floor BR, 1st Floor Primary BR, Attic, Breakfast Area, Office/Study, Utility Room

Primary bedroom

Level: First

Heating

Electric, Oil

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Electric Water Heater

Features

Primary Sink-Double, Entrance Foyer
Flooring: Ceramic Tile, Wood
Windows: Window Treatments
Basement: Crawl Space
Attic: Pull Down Stairs
Number of fireplaces: 2
Fireplace features: Wood Burning

Interior area

Total interior livable area: 3,300 sqft

Video & virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage Att 2 Car, Driveway
Attached garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: Main Floor Laundry

Features

Levels: One
Stories: 1
Patio & porch: Patio
Pool features: None
Fencing: Partial,Fenced
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Deep Water

Lot

Size: 1.25 Acres

Details

Additional structures: Gazebo
Parcel number: 24183746000000

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch,Traditional
Property subtype: Single Family Residence

Materials

Brick
Roof: Other

Condition

New construction: No
Year built: 1955

Utilities & green energy

Sewer: City/County
Water: City/County
Utilities for property: Cable Hookup

Community & HOA

Community

Subdivision: Bay Colony

HOA

Has HOA: No

Location

Region: Virginia Beach

Financial & listing details

Price per square foot: $742/sqft
Tax assessed value: $997,500
Annual tax amount: $9,675
Date on market: 6/19/2026

Estimated market value

$2,320,000

$2.20M - $2.44M

$5,667/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$9,676 +9.2%	$997,500 +11.5%
2024	$8,860 +15.2%	$894,900 +15.2%
2023	$7,690 +5.3%	$776,800 +5.3%
2022	$7,300 +6.3%	$737,400 +6.3%
2021	$6,865 -10%	$693,400 +0.7%
2020	$7,624 +13.3%	$688,400 +2.6%
2019	$6,727	$671,000
2018	$6,727 +3.4%	$671,000 +3.4%
2017	$6,503 +7.9%	$648,700 +6.5%
2016	$6,029 +7%	$609,000 +7%
2015	$5,635	$569,200 +1.9%
2014	$5,635	$558,500 +3.8%
2013	--	$537,900 +5.6%
2012	--	$509,400
2011	--	$509,400 -12.3%
2010	--	$581,100 -16.5%
2007	--	$696,290 +16.3%
2006	--	$598,776 +25.1%
2005	--	$478,664 +22.3%
2004	--	$391,524 +15.5%
2003	--	$338,982
2002	--	$338,982 +5.4%
2001	--	$321,552