For sale

Price cut: $15K (6/26)

$500,000

516 Clara Ln, Virginia Beach, VA 23451

3beds

2,136sqft

$3,504/mo

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Condominium

Built in 2018

-- sqft lot

$495,500 Zestimate^®

$234/sqft

$330/mo HOA

What's special

Electric warming fireplaceUpgraded kitchenCustom backsplashAbundant storage throughoutUpdated lightingCustom laundry shelvingDining area

Elegant 3-story 3-bedroom plus office condo in a prime central location near the Oceanfront, Hilltop, and The Vibe. The open 2nd-floor layout features a spacious living room, dining area, and upgraded kitchen with custom backsplash, soft-close cabinetry, brass hardware, and updated lighting. Added features include an electric warming fireplace, bar area with dual beverage refrigerators, shelving, and built-in surround sound with a Yamaha receiver and subwoofer. The 3rd floor offers enhanced storage with added linen shelving, custom laundry shelving, and barn doors. The primary suite includes a customized walk-in closet and dual-sink vanity with tall storage towers. The first floor has an extra room that can be used as an office with built-in shelves. Generator hard-wired to the breaker box in the garage. Abundant storage throughout and numerous upgrades make this home truly move-in ready. The pictures with furniture are Virtually Staged.

69 days

592

31

Facts & features

Interior

Bedrooms & bathrooms

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

Rooms

Room types: Breakfast Area, PBR with Bath, Office/Study, Spare Room, Utility Closet

Heating

Forced Air, Natural Gas, Programmable Thermostat

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Microwave, Gas Range, Refrigerator, Washer, Gas Water Heater

Features

Bar, Primary Sink-Double, Walk-In Closet(s), Ceiling Fan(s), Entrance Foyer, Pantry
Flooring: Carpet, Ceramic Tile, Wood
Windows: Window Treatments
Attic: Scuttle
Has fireplace: No
Fireplace features: Electric

Interior area

Total interior livable area: 2,136 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage Att 2 Car, 2 Space, Off Street, Driveway, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Tri-Level,Three Or More
Stories: 3
Exterior features: Balcony
Pool features: None
Has spa: Yes
Spa features: Bath
Fencing: None
Waterfront features: Not Waterfront

Details

Parcel number: 24176941720722
Other equipment: Backup Generator, Generator Hookup

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Fiber Cement, Stone
Foundation: Slab
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 2018

Utilities & green energy

Sewer: City/County
Water: City/County
Utilities for property: Cable Hookup

Community & HOA

Community

Security: Security System
Subdivision: Beach Borough

HOA

Has HOA: Yes
Amenities included: Landscaping, Trash
Second HOA fee: $330 monthly

Location

Region: Virginia Beach

Financial & listing details

Price per square foot: $234/sqft
Tax assessed value: $502,500
Annual tax amount: $4,522
Date on market: 6/19/2026

Estimated market value

$495,500

$471,000 - $520,000

$2,987/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$4,874 +6.6%	$502,500 +8.8%
2024	$4,572 +6.1%	$461,800 +6.1%
2023	$4,307 +2.4%	$435,100 +2.4%
2022	$4,205 +10.7%	$424,700 +10.7%
2021	$3,798 +2%	$383,600 +14.1%
2020	$3,723 +14.6%	$336,200 +3.8%
2019	$3,248	$324,000
2018	--	--