For sale
$2,900,000
6beds
4,256sqft
988 Michaelwood Dr, Virginia Beach, VA 23452
6beds
4,256sqft
Single family residence
Built in 1910
1.63 Acres
2 Garage spaces
$681 price/sqft
What's special
Discover this extraordinary Little Neck home, a spectacular 1910 private residence nestled on its own peninsula. This rare waterfront estate has been thoughtfully renovated to honor its rich architectural character while introducing 21st-century luxury. The home masterfully blends original style - including grand proportions, timeless millwork, soaring ceilings, and details - ...
- 58 days |
- 1,862 |
- 83 |
Source: REIN Inc.,MLS#: 10637941
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Holly Fisher,
BHHS RW Towne Realty 757-486-8800
Source: REIN Inc.,MLS#: 10637941
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Breakfast Area, PBR with Bath, Unfin.Rm Over Gar, Utility Room, Workshop
Heating
- Electric, Forced Air, Natural Gas, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer, Tankless Water Heater, Electric Water Heater
Features
- Primary Sink-Double, Walk-In Closet(s), Entrance Foyer, Pantry
- Flooring: Ceramic Tile, Wood
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Decorative
Interior area
- Total interior livable area: 4,256 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Det 2 Car, Multi Car, Driveway, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck, Porch
- Exterior features: Balcony
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Deep Water, Deep Water Access, Dock, Navigable Water, Tidal
Lot
- Size: 1.63 Acres
- Features: Cul-De-Sac
Details
- Parcel number: 14884510340000
- Zoning: R40
- Special conditions: Owner Agent
- Other equipment: Generator Hookup
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Traditional
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Siding
- Foundation: Basement
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: City/County
- Water: City/County
Green energy
- Water conservation: Efficient Hot Water Distribution
Community & HOA
Community
- Security: Security System
- Subdivision: Little Neck Cove
HOA
- Has HOA: No
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $681/sqft
- Tax assessed value: $790,900
- Annual tax amount: $7,672
- Date on market: 6/4/2026
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,672 +3.5% | $790,900 +5.6% |
| 2024 | $7,414 +1.7% | $748,900 +1.7% |
| 2023 | $7,287 +4.6% | $736,100 +4.6% |
| 2022 | $6,967 +5.1% | $703,700 +5.1% |
| 2021 | $6,626 +0.7% | $669,300 +12.7% |
| 2020 | $6,577 +10.7% | $593,900 +0.2% |
| 2019 | $5,942 | $592,700 |
| 2018 | $5,942 +100% | $592,700 |
| 2017 | $2,971 -45.1% | $592,700 +8.5% |
| 2016 | $5,408 +3.6% | $546,300 +3.6% |
| 2015 | $5,221 | $527,400 -11.7% |
| 2014 | $5,221 | $597,500 +0.7% |
| 2013 | -- | $593,600 |
| 2012 | -- | $593,600 -0.1% |
| 2011 | -- | $594,400 -18.7% |
| 2010 | -- | $731,200 -15.3% |
| 2007 | -- | $863,376 +24.5% |
| 2006 | -- | $693,376 +16.9% |
| 2005 | -- | $593,376 +20.3% |
| 2004 | -- | $493,376 +14.1% |
| 2003 | -- | $432,544 +7.5% |
| 2002 | -- | $402,544 +6.6% |
| 2001 | -- | $377,544 |
Find assessor info on the county website
Monthly payment
Est. payment
$16,816/mo
Principal & interest
$14955
Property taxes
$1861
Estimated market value
$2,762,100
$2.62M - $2.90M
$5,010/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: Kings Grant
Nearby schools
Kingston Elementary School
Grades PK-5 • 0.7 miles10/10
GreatSchools® Rating
Test Score Rating
10/10Student Progress Rating
10/10Lynnhaven Middle School
Grades 6-8 • 3.7 miles7/10
GreatSchools® Rating
Test Score Rating
7/10Student Progress Rating
7/10First Colonial High School
Grades 9-12 • 4.1 miles6/10
GreatSchools® Rating
Test Score Rating
6/10College Readiness Rating
6/10