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For sale
  • Price cut: $2.5K (6/16)
    $310,000

    475 Water St APT 515, Portsmouth, VA 23704

    2beds
    1,170sqft
    : 
    $2,638/mo
    Get pre-qualified
    Condominium
    Built in 1997
    -- sqft lot
    $310,300 Zestimate®
    $265/sqft
    $582/mo HOA

    What's special

    Waterfront Living at Its Finest in Admiral's Landing Experience breathtaking waterfront living in Admiral's Landing, featuring two private balconies with spectacular views of the Elizabeth River stretching from Portsmouth to Norfolk. Enjoy stunning sunsets and sparkling city lights that create a beautiful backdrop day and night. This lovingly maintained 5th-floor condo has been freshly painted, is vacant, and ready for immediate move-in. Recent updates include a new water heater (2026) and newer appliances, offering both comfort and peace of mind. Take advantage of the newly completed seawall and the convenient ferry service docked right next door, providing a scenic ride to Downtown Norfolk, Waterside District, and Harbor Park. Residents enjoy an impressive array of amenities, including: Heated swimming pool and hot tub Pickleball and basketball courts Newly renovated fitness center Game room Community kitchen Conference room Condo fees cover all utilities except electric.
    42 days
    |
    415
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Donna Steward,

    Long & Foster Real Estate Inc. 757-428-4600

    Source: REIN Inc.,MLS#: 10639932MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: PBR with Bath
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
      • Laundry: Dryer Hookup, Washer Hookup
      Features
      • Entrance Foyer
      • Flooring: Carpet, Ceramic Tile
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,170 sqft

      Property

      Parking
      • Parking features: Parking Gar, Assigned, Parking Lot
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony
      • Pool features: None, Association
      • Fencing: Other,Fenced
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: Deep Water, River Front
      Details
      • Parcel number: 00020780
      • Zoning: T6

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Asphalt Shingle
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: City/County
      • Water: City/County

      Community & HOA

      Community
      • Subdivision: Olde Towne - 119
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Landscaping, Pool, Security, Sewer, Tennis Court(s), Trash, Water
      • Second HOA fee: $582 monthly
      Location
      • Region: Portsmouth

      Financial & listing details

      • Price per square foot: $265/sqft
      • Tax assessed value: $302,570
      • Annual tax amount: $3,752
      • Date on market: 6/16/2026

        Estimated market value

        $310,300

        $295,000 - $326,000

        $1,833/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$3,752 +0.8%$302,570
        2024$3,722 +9%$302,570 +10.7%
        2023$3,415 +13.1%$273,220 +17.6%
        2022$3,020 $232,300
        2021$3,020 +11.1%$232,300 +11.1%
        2019$2,717 $209,010
        2018$2,717 -2.7%$209,010 -2.7%
        2017$2,792 $214,770
        2016$2,792 $214,770
        2015$2,792 +2.4%$214,770
        2014$2,728 -10.4%$214,770 -10.4%
        2013$3,043 -2.6%$239,600 -2.6%
        2012$3,125 -6.2%$246,040 -6.2%
        2011$3,331 -3.1%$262,270 -5.4%
        2010$3,436 -8.4%$277,130 -8.4%
        2009$3,753 +2.5%$302,690
        2008$3,663 +0.6%$302,690 +4.8%
        2007$3,640 +10.7%$288,930 +19.5%
        2006$3,289 +16.9%$241,850 +23.8%
        2005$2,814 +12.4%$195,400 +13.2%
        2004$2,502 +21.4%$172,570 +18.9%
        2003$2,062 +6.3%$145,180 +6.3%
        2002$1,940 +5.2%$136,590 +5.2%
        2001$1,844 $129,870
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 23704

        Getting around

        72 / 100
        Very Walkable
        59 / 100
        Good Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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