**Seller is offering up to 12 months of condo fees with a full price offer**** Rise above the ordinary in this breathtaking two-level penthouse where shimmering water and the glittering Norfolk skyline form a backdrop unlike any other. From sunrise over the harbor to the city lights dancing across the water at dusk, Unit 504 at The Pier offers a rare opportunity to own one of Norfolk’s most coveted waterfront and skyline views — a residence where luxury, design, and effortless living converge. Behind the beauty lies peace of mind: a brand-new HVAC system, water heater, and washer/dryer combo mean this residence is as turnkey as it is timeless. Residents enjoy a curated suite of amenities including a state-of-the-art fitness center, elegant clubhouse, private storage, and two dedicated parking spaces. The HOA covers water, trash, cable, flood liability, and building insurance — delivering a truly lock-and-leave lifestyle. Offered as a rare penthouse opportunity at The Pier — schedule your private tour today. Water. Skyline. Sanctuary.
For sale
Price cut: $20K (6/25)
$579,900
40 Rader St APT 504, Norfolk, VA 23510
3beds
2,257sqft
:
Get pre-qualified$4,946/mo
Condominium
Built in 1918
-- sqft lot
$579,300 Zestimate®
$257/sqft
$1,150/mo HOA
What's special
Brand-new hvac systemBreathtaking two-level penthouse
- 77 days |
- 403 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Roger Lee,
Creed Realty 757-502-4070
Source: REIN Inc.,MLS#: 10635681
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Features
- Flooring: Carpet, Ceramic Tile, Laminate/LVP
- Has fireplace: No
Interior area
- Total interior livable area: 2,257 sqft
Property
Parking
- Parking features: Assigned, Off Street
Features
- Stories: 2
- Pool features: None
- Fencing: None
- On waterfront: Yes
- Waterfront features: Deep Water, Deep Water Access, Dock, River Front
Lot
- Size: 1,267 Square Feet
Details
- Parcel number: 34077776
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
- Foundation: Pile
- Roof: Other
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Downtown Area
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Dock, Elevator(s), Landscaping, Security, Sewer, Trash, Water
- Second HOA fee: $1,150 monthly
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $257/sqft
- Tax assessed value: $614,700
- Annual tax amount: $7,561
- Date on market: 5/20/2026
Estimated market value
$579,300
$550,000 - $608,000
$3,056/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,561 +8.7% | $614,700 +8.7% |
| 2024 | $6,958 +8.7% | $565,700 +10.4% |
| 2023 | $6,403 +26.2% | $512,200 +26.2% |
| 2022 | $5,075 +17.4% | $406,000 +17.4% |
| 2021 | $4,323 -4.7% | $345,800 -4.7% |
| 2020 | $4,535 | $362,800 |
| 2019 | $4,535 -14.1% | $362,800 -14.1% |
| 2018 | $5,279 -1.4% | $422,300 -9.3% |
| 2017 | $5,353 | $465,500 -6% |
| 2016 | $5,353 -5.1% | $495,400 |
| 2015 | $5,643 | $495,400 |
| 2014 | $5,643 | $495,400 |
| 2013 | -- | $495,400 |
| 2012 | -- | $495,400 -8.4% |
| 2011 | -- | $540,900 -1.8% |
| 2010 | -- | $550,900 |
| 2009 | -- | $550,900 +15.4% |
| 2008 | -- | $477,200 -0.5% |
| 2007 | -- | $479,700 +29.5% |
| 2006 | -- | $370,300 +21.4% |
| 2005 | -- | $305,000 +10.9% |
| 2004 | -- | $275,000 +23.5% |
| 2003 | -- | $222,700 +6.4% |
| 2002 | -- | $209,400 +10.7% |
| 2001 | -- | $189,100 0% |
| 2000 | -- | $189,110 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Ghent
Nearby schools
GreatSchools rating
- 8/10W.H. Taylor Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Blair Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Maury High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Walter Herron Taylor Elementary
- Middle: Blair Middle
- High: Maury
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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