Nestled between the tranquil waters of Lake Holly and the rolling waves of the Atlantic, this beautifully updated 2 bed, 2 bath condo offers the perfect blend of relaxation and convenience. Enjoy peaceful mornings overlooking the lake and the ocean is just two blocks away. Inside, you’ll find an open and airy layout with abundant natural light, modern finishes and a private deck ideal for savoring coastal breezes. Whether you’re seeking a serene year-round retreat or a vacation getaway, this prime location offers the best of both worlds—lakeside calm and seaside charm, all within a short distance to shops, dining and the sand.
Sold
$405,000
247 Lake Dr, Virginia Beach, VA 23451
2beds
1,223sqft
Condominium
Built in 1983
-- sqft lot
$409,800 Zestimate®
$331/sqft
$2,073 Estimated rent
Home value
$409,800
$385,000 - $434,000
$2,073/mo
Zestimate® history
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List your homeWhat's special
Modern finishesOpen and airy layoutAbundant natural lightOverlooking the lake
Zillow last checked:
Listing updated:
Listed by:
Karen Stewart,
Howard Hanna Real Estate Svcs. 757-481-3710
Bought with:
Jena Latuszek
Own Real Estate LLC
Source: REIN Inc.,MLS#: 10620332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: 1st Floor BR, 1st Floor Primary BR, Assigned Storage, PBR with Bath
Primary bedroom
- Level: First
Heating
- Electric, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Features
- Bar, Primary Sink-Double, Ceiling Fan(s), Pantry
- Flooring: Ceramic Tile, Laminate/LVP
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Common walls with other units/homes: End Unit
Interior area
- Total interior livable area: 1,223 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Assigned, Off Street
Accessibility
- Accessibility features: Casement/Crank Windows
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: Balcony
- Pool features: None
- Fencing: Picket,Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front
Details
- Parcel number: 24271590310247
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Asphalt Shingle,Composition
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: Shadowlawn
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Sewer, Trash, Water
- Second HOA fee: $460 monthly
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $331/sqft
- Tax assessed value: $375,700
- Annual tax amount: $2,877
- Date on market: 2/16/2026
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,644 +24.1% | $375,700 +26.7% |
| 2024 | $2,936 +8.4% | $296,600 +8.4% |
| 2023 | $2,709 +8.1% | $273,600 +8.1% |
| 2022 | $2,506 +6.3% | $253,100 +6.3% |
| 2021 | $2,358 -3.4% | $238,200 +8.1% |
| 2020 | $2,441 +17.7% | $220,400 +6.5% |
| 2019 | $2,074 | $206,900 |
| 2018 | $2,074 0% | $206,900 |
| 2017 | $2,074 +2.7% | $206,900 +1.4% |
| 2016 | $2,020 -6.8% | $204,000 -6.8% |
| 2015 | $2,167 | $218,900 0% |
| 2014 | $2,167 | $219,000 -1.5% |
| 2013 | -- | $222,300 |
| 2012 | -- | $222,300 |
| 2011 | -- | $222,300 |
| 2010 | -- | $222,300 -4.8% |
| 2007 | -- | $233,548 +2.2% |
| 2006 | -- | $228,548 +58.8% |
| 2005 | -- | $143,884 +38.2% |
| 2004 | -- | $104,110 +6.1% |
| 2003 | -- | $98,110 +4.7% |
| 2002 | -- | $93,666 +10.8% |
| 2001 | -- | $84,556 |
Find assessor info on the county website
Neighborhood: Seatack
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Nearby schools
GreatSchools rating
- 7/10W.T. Cooke Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10Virginia Beach Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10First Colonial High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: W.T. Cooke Elementary
- Middle: Virginia Beach Middle
- High: First Colonial
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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