Why shouldn't every day feel like a vacation? Live your best life now in this spacious 2 bedroom/2 bathroom condominium offering open and functional living nestled within a premier waterfront community. From sunrise to sunset, from Lake Rudee to the Atlantic, the incredible views from your private balcony change daily. Additional amenities within the complex include secured entrance, assigned parking, private storage, community storage, luxurious party room, sitting foyers on each floor, gym, pool, and so much more!!!
For sale
$515,000
500 Winston Salem Ave APT 207, Virginia Beach, VA 23451
2beds
1,498sqft
Condominium
Built in 1985
-- sqft lot
$510,000 Zestimate®
$344/sqft
$986/mo HOA
What's special
Private balconyOpen and functional living
- 172 days |
- 191 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
David Smith,
Shield Realty Co. Inc. 757-481-7190
Source: REIN Inc.,MLS#: 10622918
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: 1st Floor Primary BR, Assigned Storage, PBR with Bath, Utility Closet
Primary bedroom
- Level: First
Heating
- Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
Features
- Bar, Walk-In Closet(s), Ceiling Fan(s), Entrance Foyer
- Flooring: Carpet, Ceramic Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,498 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Assigned
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: None, Association
- Has spa: Yes
- Spa features: Bath
- Fencing: None
- Has view: Yes
- View description: Harbor, Ocean
- Has water view: Yes
- Water view: Harbor,Ocean
- Waterfront features: Bulkhead, Deep Water, Navigable Water
Details
- Parcel number: 24271262878240
- Zoning: RT3
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- EIFS
- Foundation: Pile
- Roof: Other
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: City/County
- Water: City/County
- Utilities for property: Cable Hookup
Community & HOA
Community
- Subdivision: Ocean Way Condominium
HOA
- Has HOA: Yes
- Amenities included: Dock, Elevator(s), Fitness Center, Landscaping, Pool, Security, Sewer, Trash, Water
- Second HOA fee: $986 monthly
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $503,800
- Annual tax amount: $4,887
- Date on market: 2/27/2026
Estimated market value
Zestimate®
$510,000
Estimated sales range
$485,000 - $536,000
Rent Zestimate®
$2,741/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,887 -2% | $503,800 |
| 2024 | $4,988 +14.9% | $503,800 +14.9% |
| 2023 | $4,340 +5% | $438,400 +5% |
| 2022 | $4,135 +17.9% | $417,700 +17.9% |
| 2021 | $3,509 -10.6% | $354,400 |
| 2020 | $3,925 +21.7% | $354,400 +10.1% |
| 2019 | $3,226 | $321,800 |
| 2018 | $3,226 0% | $321,800 |
| 2017 | $3,226 +4.3% | $321,800 +3% |
| 2016 | $3,093 +3% | $312,400 +3% |
| 2015 | $3,003 | $303,300 +8.9% |
| 2014 | $3,003 | $278,500 -9.9% |
| 2013 | -- | $309,200 |
| 2012 | -- | $309,200 |
| 2011 | -- | $309,200 -10.9% |
| 2010 | -- | $347,200 -17% |
| 2007 | -- | $418,500 +21.1% |
| 2006 | -- | $345,500 +28.2% |
| 2005 | -- | $269,500 +11.6% |
| 2004 | -- | $241,500 +8.1% |
| 2003 | -- | $223,500 +28.8% |
| 2002 | -- | $173,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Seatack
Nearby schools
GreatSchools rating
- 7/10W.T. Cooke Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Virginia Beach Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10First Colonial High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: W.T. Cooke Elementary
- Middle: Virginia Beach Middle
- High: First Colonial
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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