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For sale
  • Price cut: $29K (8/1)
    $870,000

    2483 Pond Drain Dr, Cape Charles, VA 23310

    4beds
    2,754sqft
    : 
    $5,218/mo
    Get pre-qualified
    Single Family Residence
    Built in 1952
    3 Acres Lot
    $-- Zestimate®
    $316/sqft
    $-- HOA

    What's special

    Modern comfortsTudor-style homeRecent extensive renovationsThree-bedroom homeAdditional detached guest suiteOn lake allure
    Nestled along the peaceful shores of Lake Allure, this enchanting Tudor-style retreat offers a rare opportunity to own both a beautiful residence and an income-producing property near Cape Charles. Surrounded by lush landscaping and the tranquil beauty of the lake, the setting feels truly magical — the perfect escape for relaxation, creativity, or waterfront living. This thoughtfully renovated one-level home features four bedrooms which includes a separate detached guest cottage, offering exceptional flexibility for personal use or short-term rental income. Recently introduced as an Airbnb, the property has already generated substantial rental revenue, with the main residence and guest cottage successfully rented independently or together to maximize income potential. Ideally located within easy reach of Norfolk and Virginia Beach and just a short drive to historic Cape Charles, the property combines convenience with serene Eastern Shore living. Outdoor enthusiasts will appreciate nearby Kiptopeke State Park, offering sandy beaches, a boat ramp, a fishing pier, and scenic walking trails. Whether you are seeking a unique waterfront residence, a vacation retreat, or a turnkey investment opportunity, this exceptional Lake Allure property offers charm, versatility, and proven rental appeal. The home has a health department permit for three bedrooms.
    268 days
    |
    820
    |
    57
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Luisa Gazzolo 757-635-6407,

    CHESAPEAKE PROPERTIES 757-331-8100

    Source: Eastern Shore AOR,MLS#: 65498MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Dining room
      • Features: Dining Area
      Heating
      • Heat Pump, Electric
      Cooling
      • Heat Pump, Central Air, Electric
      Appliances
      • Included: Range, Microwave, Dishwasher, Refrigerator, Water Conditioner, Washer, Dryer, Electric Water Heater
      Features
      • 1st Floor Bedroom
      • Windows: Window Treatments, Double Pane Windows
      • Has basement: Yes
      • Number of fireplaces: 1
      • Fireplace features: One Fireplace
      Interior area
      • Total structure area: 2,754
      • Total interior livable area: 2,754 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Two Car, Other
      • Garage spaces: 2
      Features
      • Levels: One
      • Patio & porch: Deck
      • Exterior features: Pier/Dock
      • On waterfront: Yes
      • Waterfront features: Waterfront
      • Body of water: Lake / Pond
      Lot
      • Size: 3 Acres
      • Dimensions: 3
      • Features: 2-4.9 acres +/-
      Details
      • Additional structures: Shed/Barn, Guest House
      • Parcel number: 001040A000000013

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Siding
      • Foundation: Basement
      • Roof: Composition,Age 0-9 yrs +/-
      Condition
      • 50-100 yrs +/-
      • New construction: No
      • Year built: 1952

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Cape Charles
      Location
      • Region: Cape Charles

      Financial & listing details

      • Price per square foot: $316/sqft
      • Tax assessed value: $425,100
      • Annual tax amount: $2,912
      • Date on market: 11/15/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/1/2026Price change$870,000-3.2%$316/sqft
        Source: Eastern Shore AOR #65498 Report a problem
        5/13/2026Price change$899,000-2.8%$326/sqft
        Source: Eastern Shore AOR #65498 Report a problem
        4/28/2026Price change$925,000-1.1%$336/sqft
        Source: Eastern Shore AOR #65498 Report a problem
        11/15/2025Listed for sale$935,000+56.1%$340/sqft
        Source: Eastern Shore AOR #65498 Report a problem
        6/8/2023Sold$599,000-7.7%$218/sqft
        Source: Public Record Report a problem
        4/28/2023Pending sale$649,000$236/sqft
        Source: Eastern Shore AOR #57413 Report a problem
        4/3/2023Listed for sale$649,000$236/sqft
        Source: Eastern Shore AOR #57413 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,912 +20.7%$425,100 +33.9%
        2023$2,413 $317,500
        2022$2,413 -0.4%$317,500 +9.4%
        2021$2,423 $290,200
        2020$2,423 -0.1%$290,200 -0.7%
        2019$2,424 $292,100
        2018$2,424 +1522.8%$292,100
        2017$149 $292,100 +0.4%
        2016$149 $290,800
        2015$149 $290,800 -38%
        2011-- $468,800
        2010-- $468,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 23310

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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