New construction

Price cut: $25K (8/3)

$875,000

417 Terrace Ave, Virginia Beach, VA 23451

4beds

1,900sqft

$5,498/mo

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Single Family Residence

Built in 2026

-- sqft lot

$872,000 Zestimate^®

$461/sqft

$-- HOA

What's special

Beautifully appointed finishesUpgraded flooring and doorsCustom-tiled bathroomsBrand-new appliances

LIVE THE BEACH LIFE in this new custom home in Shadowlawn, just blocks to the oceanfront! Perfect for generational living with a flexible upstairs in-law suite with private entrance ready to customize. Features include custom-tiled bathrooms, upgraded flooring and doors, beautifully appointed finishes, and a durable Hardie Plank & block exterior. Brand-new appliances, roof, and HVAC complete this turnkey opportunity.

41 days
1,068
54

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: 1st Floor BR, 1st Floor Primary BR, PBR with Bath, Utility Room

Primary bedroom

Level: First

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Electric Range, Refrigerator, Electric Water Heater
Laundry: Dryer Hookup, Washer Hookup

Features

Dual Entry Bath (Br & Br), Walk-In Closet(s), Ceiling Fan(s)
Flooring: Laminate/LVP
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 1,900 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Garage Att 1 Car, Off Street, Driveway
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Patio, Porch
Exterior features: Balcony
Pool features: None
Fencing: Back Yard,Privacy,Wood,Fenced
Waterfront features: Not Waterfront

Details

Parcel number: 24271257660000
Zoning: R5S
Special conditions: Owner Agent

Construction

Type & style

Home type: SingleFamily
Architectural style: Transitional
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

New construction: Yes
Year built: 2026

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Shadowlawn

HOA

Has HOA: No

Location

Region: Virginia Beach

Financial & listing details

Price per square foot: $461/sqft
Tax assessed value: $456,800
Annual tax amount: $9,000
Date on market: 7/25/2026

Estimated market value

$872,000

$828,000 - $916,000

$4,064/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$4,431 +2.1%	$456,800 +4.2%
2024	$4,340 +25.7%	$438,400 +25.7%
2023	$3,454 +22.4%	$348,900 +22.4%
2022	$2,822 +5.2%	$285,000 +5.2%
2021	$2,682 -7.5%	$270,900 +3.5%
2020	$2,899 +11.8%	$261,800 +1.2%
2019	$2,593	$258,700
2018	$2,593 +1%	$258,700 +1%
2017	$2,567 +9.4%	$256,100 +8.1%
2016	$2,346 -8.2%	$237,000 -8.2%
2015	$2,555	$258,100 +4.4%
2014	$2,555	$247,300 +2.4%
2013	--	$241,400
2012	--	$241,400 -4.4%
2011	--	$252,600 -3.4%
2010	--	$261,600 -12.9%
2007	--	$300,388 +29.6%
2006	--	$231,700 +25%
2005	--	$185,428 +41.6%
2004	--	$130,908 +14.4%
2003	--	$114,476 +1.4%
2002	--	$112,948 +4.2%
2001	--	$108,420