507 Cedar Ln, Virginia Beach, VA 23452
What's special
Rare opportunity to own a 7-bedroom waterfront estate in Thalia Acres on over 2 private acres along navigable Thalia Creek with a private pier, boat dock, saltwater pool, fire pit, and skyline views of The Westin at Town Center. Offering 7,023 sq ft plus an 805 sq ft unfinished basement, "Speak Easy" In-Law suite for multigenerational living and/or entertaining. The custom kitchen, completed in 2026, features walnut cabinetry, quartz countertops, natural stone flooring, and GE Cafe appliances. The 1,000 sq ft primary suite includes a private balcony with water views, a fireplace, a sitting area, and dual walk-in closets. Additional highlights include a full custom bar with seating for 8, a kegerator, a pool table, an entertainment area, a sunroom, three fireplaces, a circular driveway, and a small pond by the private in-law suite, which has a separate entrance, bedroom, and full bath.
- 37 days |
- 2,499 |
- 113 |
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Mark Rusnak,
RE/MAX Allegiance 757-490-7300
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: 1st Floor BR, 1st Floor Primary BR, Breakfast Area, PBR with Bath, Rec Room, Spare Room, Sun Room, Utility Room
Utility room
- Level: Main
Heating
- Electric, Heat Pump, Oil, Zoned
Cooling
- Central Air, Heat Pump, Zoned
Appliances
- Included: 220 V Elec, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Microwave, Gas Range, Refrigerator, Washer, Electric Water Heater
Features
- Bar, Cathedral Ceiling(s), Dual Entry Bath (Br & Hall), Primary Sink-Double, Walk-In Closet(s), Ceiling Fan(s), Entrance Foyer, In-Law Floorplan, Pantry
- Flooring: Carpet, Ceramic Tile, Laminate/LVP, Other, Wood
- Windows: Window Treatments
- Basement: Crawl Space
- Attic: Scuttle
- Number of fireplaces: 3
- Fireplace features: Electric, Fireplace Gas-natural, Wood Burning, Primary Bedroom
Interior area
- Total interior livable area: 7,023 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Att 2 Car, Carport, Multi Car, Driveway
- Attached garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony
- Pool features: In Ground
- Fencing: Decorative,Fenced
- Has view: Yes
- View description: City, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Creek, Dock, Navigable Water, Tidal
Lot
- Features: Wooded
Details
- Parcel number: 14777767150000
- Zoning: R20
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemp,Transitional
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Basement
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: City/County
- Water: City/County
- Utilities for property: Cable Hookup
Community & HOA
Community
- Subdivision: Thalia Acres
HOA
- Has HOA: No
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $1,429,500
- Annual tax amount: $13,866
- Date on market: 8/17/2026
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,866 -1.6% | $1,429,500 +0.5% |
| 2024 | $14,085 +20.4% | $1,422,700 +20.4% |
| 2023 | $11,701 -0.3% | $1,181,900 -0.3% |
| 2022 | $11,733 +12.2% | $1,185,200 +12.2% |
| 2021 | $10,458 -6.5% | $1,056,400 +4.6% |
| 2020 | $11,187 +8.5% | $1,010,100 -1.8% |
| 2019 | $10,312 | $1,028,600 |
| 2018 | $10,312 +4.5% | $1,028,600 +4.5% |
| 2017 | $9,867 -0.3% | $984,200 -1.5% |
| 2016 | $9,893 +4.1% | $999,300 +4.1% |
| 2015 | $9,501 | $959,700 +4.7% |
| 2014 | $9,501 | $916,600 -9.4% |
| 2013 | -- | $1,011,700 |
| 2012 | -- | $1,011,700 -2.1% |
| 2011 | -- | $1,032,900 -4.3% |
| 2010 | -- | $1,079,700 +7.9% |
| 2007 | -- | $1,000,654 +18.8% |
| 2006 | -- | $842,314 +42.8% |
| 2005 | -- | $589,825 +29% |
| 2004 | -- | $457,077 +12.9% |
| 2003 | -- | $404,878 +11.9% |
| 2002 | -- | $361,876 +11.3% |
| 2001 | -- | $325,206 |
Find assessor info on the county website
Monthly payment
Estimated market value
$1,839,900
$1.75M - $1.93M
$6,334/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.