A rare opportunity to experience Bay Colony lifestyle while stepping into instant equity and bringing your vision and personal updates to this charming home! With a $300,000 price reduction, this Crystal Lake home is one of the best values in the neighborhood, where similar-sized homes without water views are selling well above $2M. Nestled on a beautifully elevated 1.12-acre lot, this spacious home allows you to enjoy beautiful water views without paying a costly waterfront premium. Many amazing features, including glowing hardwood floors, a spacious 1st floor primary suite with cathedral ceilings and fireplace, Pella windows, newer systems, abundant storage, and a newly redone multi-car driveway. A pre-listing home inspection has been completed, most repairs addressed, and a clear termite letter will be provided. Just minutes from the beach, the Historic Cavalier, premier dining, shopping, and everything that makes Bay Colony one of Virginia Beach's most sought-after communities
Sold
$1,500,000
1241 E Bay Shore Dr, Virginia Beach, VA 23451
5beds
4,559sqft
Single Family Residence
Built in 1983
-- sqft lot
$1,500,200 Zestimate®
$329/sqft
$6,955 Estimated rent
Home value
$1,500,200
$1.43M - $1.58M
$6,955/mo
Zestimate® history
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$8,876/mo
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List your homeWhat's special
Cozy fireplaceNewer systemsImpressive curb appealExpansive first-floor primary suiteGenerous living spacesPicturesque water viewsPella windows
Zillow last checked:
Listing updated:
Listed by:
Emil Nazaryan,
BHHS RW Towne Realty 757-217-4200
Bought with:
Suzanne House Roscher
RE/MAX Alliance
Source: REIN Inc.,MLS#: 10635931
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: 1st Floor Primary BR, Attic, Breakfast Area, Fin. Rm Over Gar, PBR with Bath, Sun Room, Utility Room, Workshop
Primary bedroom
- Level: First
Heating
- Heat Pump, Zoned
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Gas Water Heater
Features
- Bar, Cathedral Ceiling(s), Dual Entry Bath (Br & Br), Dual Entry Bath (Br & Hall), Walk-In Closet(s), Ceiling Fan(s), Entrance Foyer, Pantry
- Flooring: Carpet, Ceramic Tile, Wood
- Windows: Window Treatments
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Fireplace Gas-natural, Primary Bedroom
Interior area
- Total interior livable area: 4,559 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Att 2 Car, Multi Car, Driveway, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Pool features: None
- Has spa: Yes
- Spa features: Bath
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Not Waterfront
Details
- Parcel number: 24185910080000
- Zoning: R30
- Other equipment: Backup Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Transitional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1983
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: $329/sqft
- Tax assessed value: $1,350,700
- Annual tax amount: $1,310
- Date on market: 5/21/2026
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,102 +1.3% | $1,350,700 +3.3% |
| 2024 | $12,939 +16.2% | $1,307,000 +16.2% |
| 2023 | $11,135 +5.7% | $1,124,700 +5.7% |
| 2022 | $10,538 +7.5% | $1,064,400 +7.5% |
| 2021 | $9,804 -9.3% | $990,300 +1.4% |
| 2020 | $10,814 +17.4% | $976,400 +6.2% |
| 2019 | $9,213 | $919,000 |
| 2018 | $9,213 +2.6% | $919,000 +2.6% |
| 2017 | $8,980 +10.1% | $895,800 +8.7% |
| 2016 | $8,157 +8.1% | $823,900 +8.1% |
| 2015 | $7,545 | $762,100 +0.5% |
| 2014 | $7,545 | $758,200 +2.4% |
| 2013 | -- | $740,300 +1.4% |
| 2012 | -- | $729,800 |
| 2011 | -- | $729,800 -5.3% |
| 2010 | -- | $770,900 -21.7% |
| 2007 | -- | $983,919 +6.8% |
| 2006 | -- | $920,899 +28.2% |
| 2005 | -- | $718,274 +17.3% |
| 2004 | -- | $612,296 +13.5% |
| 2003 | -- | $539,644 +3.3% |
| 2002 | -- | $522,316 +9.3% |
| 2001 | -- | $477,984 |
Find assessor info on the county website
Neighborhood: Bay Colony
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Nearby schools
GreatSchools rating
- 8/10Linkhorn Park Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 7/10Virginia Beach Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Frank W. Cox High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Linkhorn Park Elementary
- Middle: VB Middle
- High: Frank W. Cox
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Virginia Beach City
- Virginia Beach
- 23451
- Bay Colony
- 1241 E Bay Shore Dr
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