Welcome to Admirals Landing! Experience waterfront living at its finest in this beautifully appointed townhome-style condo with its own private entrance and welcoming porch. Offering 3 spacious bedrooms and 2.5 baths, this home features surround sound, two fireplaces, custom built-ins, and a spa-style shower. Enjoy peace of mind with a new water heater (2025) and the convenience of additional storage in the parking garage. Take in stunning Elizabeth River views from the balcony while watching the ferry glide by. Admirals Landing provides resort-style amenities including a pool, hot tub, gym, pickleball court, shuffleboard, billiards room, library, and Captain's Quarters conference room. Step from the pool deck onto the new seawall boardwalk or catch the ferry at High Street Landing next door for easy access to Waterside festivals, dining, shops, and entertainment. Ideally located in the heart of Olde Towne.
Sold
$400,000
475 Water St APT 212, Portsmouth, VA 23704
3beds
2,000sqft
Townhouse
Built in 1997
-- sqft lot
$408,200 Zestimate®
$200/sqft
$2,287 Estimated rent
Home value
$408,200
$351,000 - $474,000
$2,287/mo
Zestimate® history
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List your homeWhat's special
Private entranceNew seawall boardwalkTwo fireplacesHot tubBilliards roomCustom built-insSurround sound
Zillow last checked:
Listing updated:
Listed by:
Catherine Underwood,
BHHS RW Towne Realty 757-935-9000
Bought with:
Non-Member Selling Agent
Source: REIN Inc.,MLS#: 10621397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Assigned Storage, Attic, Breakfast Area, PBR with Bath, Utility Closet
Heating
- Heat Pump W/A
Cooling
- Heat Pump W/A
Appliances
- Included: Dishwasher, Microwave, Gas Range, Refrigerator, Electric Water Heater
- Laundry: Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Entrance Foyer
- Flooring: Carpet, Ceramic Tile, Laminate/LVP
- Attic: Walk-In
- Number of fireplaces: 2
- Fireplace features: Propane
Interior area
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: Assigned, Off Street
Accessibility
- Accessibility features: Pocket Doors
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Balcony
- Pool features: None, Association
- Fencing: None
- Has view: Yes
- View description: River, Water
- Has water view: Yes
- Water view: River,Water
- Waterfront features: River Front
Details
- Parcel number: 00020490
- Zoning: T6
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: City/County
- Water: City/County
- Utilities for property: Cable Hookup
Community & HOA
Community
- Subdivision: Olde Towne - 119
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Landscaping, Pool, Security, Sewer, Trash
- Second HOA fee: $925 monthly
Location
- Region: Portsmouth
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $383,150
- Annual tax amount: $4,713
- Date on market: 2/27/2026
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,751 +0.8% | $383,150 |
| 2024 | $4,713 +12.3% | $383,150 +14.1% |
| 2023 | $4,197 +15.4% | $335,790 +20.1% |
| 2022 | $3,636 | $279,680 |
| 2021 | $3,636 +11.2% | $279,680 +11.2% |
| 2019 | $3,270 | $251,510 |
| 2018 | $3,270 -4.7% | $251,510 -4.7% |
| 2017 | $3,432 | $263,970 |
| 2016 | $3,432 | $263,970 |
| 2015 | $3,432 +2.4% | $263,970 |
| 2014 | $3,352 -10.8% | $263,970 -10.8% |
| 2013 | $3,759 -2.4% | $295,980 -2.4% |
| 2012 | $3,850 -6.6% | $303,160 -6.6% |
| 2011 | $4,124 -3.5% | $324,750 -5.8% |
| 2010 | $4,273 -8.8% | $344,630 -8.8% |
| 2009 | $4,684 +2.5% | $377,770 |
| 2008 | $4,571 +0.8% | $377,770 +5% |
| 2007 | $4,535 +10.2% | $359,930 +18.9% |
| 2006 | $4,117 +18.6% | $302,720 +25.5% |
| 2005 | $3,472 +12.6% | $241,120 +13.4% |
| 2004 | $3,083 +10.8% | $212,630 +8.5% |
| 2003 | $2,782 +3.9% | $195,920 +3.9% |
| 2002 | $2,677 +3.1% | $188,530 +3.1% |
| 2001 | $2,596 | $182,800 |
Find assessor info on the county website
Neighborhood: 23704
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Nearby schools
GreatSchools rating
- 3/10Park View Elementary SchoolGrades: K-6Distance: 1 mi
- 3/10Churchland Middle SchoolGrades: 7-8Distance: 5.6 mi
- 2/10I.C. Norcom High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Park View Elementary
- Middle: Churchland Middle
- High: IC Norcom
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
- Portsmouth City
- Portsmouth
- 23704
- 475 Water St Apartment 212
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