What a great opportunity to own a home in the sought after community of Ocean Lakes. This 3-bedroom, 2.5-bath home has great bones and endless potential for the right buyer. While this home DEFINITELY NEEDS SOME TLC, the kitchen cabinets and countertops were updated in the last 3 years. It also features LVP in certain areas of the home. It is move in ready and is PRICED BELOW market value to reflect required updates. This home is offering a strong opportunity to customize it to your taste and build equity. Some closing costs assistance is available! Make an offer and make it yours today! Certain rooms have been virtually staged.
For sale
$262,000
635 Ocean Lakes Dr, Virginia Beach, VA 23454
3beds
1,560sqft
Townhouse
Built in 1986
-- sqft lot
$264,900 Zestimate®
$168/sqft
$434/mo HOA
What's special
- 191 days |
- 1,792 |
- 81 |
Zillow last checked:
Listing updated:
Listed by:
Keisha Raspberry,
Atlantic Sothebys Int'l Realty 757-777-9870
Source: REIN Inc.,MLS#: 10619665
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator, Electric Water Heater
- Laundry: Dryer Hookup, Washer Hookup
Features
- Bar
- Flooring: Carpet, Laminate/LVP, Parquet
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Common walls with other units/homes: End Unit
Interior area
- Total interior livable area: 1,560 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Pool features: None, Association
- Fencing: Front Yard,Privacy,Fenced
- Waterfront features: Not Waterfront
Lot
- Features: Corner
Details
- Parcel number: 24251477715650
- Zoning: PDH2
- Other equipment: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Ocean Lakes
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Other, Playground, Pool, Tennis Court(s)
- HOA fee: $36 monthly
- Second HOA fee: $398 monthly
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $245,500
- Annual tax amount: $2,430
- Date on market: 2/12/2026
Estimated market value
$264,900
$252,000 - $278,000
$2,317/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,381 +2.9% | $245,500 +5% |
| 2024 | $2,315 +14.1% | $233,800 +14.1% |
| 2023 | $2,029 +10.4% | $204,900 +10.4% |
| 2022 | $1,837 +11.1% | $185,600 +11.1% |
| 2021 | $1,653 -5.3% | $167,000 +5.9% |
| 2020 | $1,747 +38.4% | $157,700 +25.3% |
| 2019 | $1,262 | $125,900 |
| 2018 | $1,262 -1.7% | $125,900 -1.7% |
| 2017 | $1,284 -33.9% | $128,100 +2.4% |
| 2016 | $1,941 +9.3% | $125,100 +9.6% |
| 2015 | $1,776 | $114,100 +0.9% |
| 2014 | $1,776 | $113,100 |
| 2013 | -- | $113,100 -2.7% |
| 2012 | -- | $116,200 -22.4% |
| 2011 | -- | $149,800 -5.1% |
| 2010 | -- | $157,800 -4.5% |
| 2007 | -- | $165,280 +30.5% |
| 2006 | -- | $126,660 +40% |
| 2005 | -- | $90,500 +16.3% |
| 2004 | -- | $77,820 +7% |
| 2003 | -- | $72,700 +2.2% |
| 2002 | -- | $71,140 +2.2% |
| 2001 | -- | $69,580 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Princess Anne
Nearby schools
GreatSchools rating
- 8/10Ocean Lakes Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 7/10Corporate Landing Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Ocean Lakes High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Corporate Landing Elementary
- Middle: Corporate Landing Middle
- High: Ocean Lakes
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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