$228,000
SOLD JUL 20, 2026
1 Bed
1 Bath
949 Sq Ft
1983 Built

Sale Details

Date Sold: July 20, 2026

$240 Per Sq Ft

21% Below List Price

129 Days on Market

Highlights

  • Lake Front
  • Balcony
  • Wood Burning Fireplace
  • Home Office
  • Door to Door Trash Pickup
  • Vinyl Flooring

About This Home

As of July 2026

Fully furnished condo 1 block away from the sands of Virginia Beach Oceanfront & lively boardwalk. Recently updated sits on the top floor & offers a seamless open concept living space. Natural light pours into the condo, highlighting the stunning views of both the serene lake & the majestic ocean from not one, but two private balconies. Enjoy the morning sunrise over the ocean, & peaceful sunset over Lake Holly. Recent upgrades include newly renovated balconies with waterproof vinyl & new sliding glass door (2024), new countertops with new sink (2024), gleaming LVP flooring (2023) & stainless-steel appliances in 2021, modern light fixtures, & dividing wall in bedroom creating additional sleeping space or office. Common area for entertaining or relaxing with clubhouse included. Award-winning restaurants & shopping within reach. Don't miss this opportunity to own a piece of paradise. Featured on HGTV Cheap Beach Houses. As is seller to make no repair. All furniture to covey

Last Agent to Sell the Property

Tom Busciglio

Howard Hanna Real Estate Svcs. Listed on: 03/12/2026

Howard Hanna Real Estate Svcs.

Last Buyer's Agent

Justin Rivera

BHHS RW Towne Realty

BHHS RW Towne Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1983

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Property Attached
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 949 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Home Office
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Assigned Parking

Schools

  • W.T. Cooke Elementary School
  • Virginia Beach Middle School
  • First Colonial High School

Utilities

  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Lake Front

Community Details

Overview

  • Community First Management 888 722 6669 Association
  • Low-Rise Community
  • Shadowlawn Subdivision
  • On-Site Maintenance

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,877

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

HOA Fees

$460 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Lo Rise
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: 65-70
  • Master Model: No
  • Unit Description: 1 Living Lvl
  • LP/ Sq Ft: 263.43
  • Neighborhood Name: SUMMERS POINT
  • Estimated Year Built: 1983
  • Association Legal Name: Summers Pointe Condo
  • Management Company: Community First Management 888-722-6669
  • Address Street Name Website: Lake
  • Address Website: 205 Lake DR
  • Fees Condo Monthly: 460
  • Fence: No
  • Contingency Exists: Non Contingent
  • AddressLine: 205 Lake DR, VIRGINIABEACH VA 23451
  • Special Features: None
  • Stories: 1
  • Year Built: 1983

Interior Features

  • Interior Amenities: Fireplace Wood, Window Treatments
  • Fireplaces Number: 1
  • Equipment: Cable Hookup
  • Flooring Type: Laminate/LVP, Vinyl
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • First Floor Bedroom/Full Bathrooms: Yes
  • Other Rooms: Balcony, Office/Study
  • Appliances: 220 V Elec, Dishwasher, Disposal, Dryer, Elec Range, Washer
  • Stories Number: 1.0000
  • Estimated Sq Ft: 949

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: None
  • Foundation Type: Pile
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: Water
  • Waterfront Description: Lake

Garage/Parking

  • Parking: 2 Space, Assigned/Reserved

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County
  • Cooling: Heat Pump
  • Heating: Heat Pump

Condo/Co-op/Association

  • Amenities COA/POA: Ground Maint, Trash Pickup, Water
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Waterfront YN: Yes
  • Zoning: RT3

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2877

MLS Schools

  • Elementary School: W.T. Cooke Elementary
  • School High School: First Colonial
  • Middle School: Virginia Beach Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2020
Sold by
Bought by

Purchase Details

Closed on
May 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oceanfront, VA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Gift Deed -- None Available
Warranty Deed $150,000 Sage Title Group Llc
Deed $78,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2026 07/20/26 Sold $228,000 -8.8% $240 / Sq Ft
07/20/2026 07/20/26 Pending -- -- --
06/18/2026 06/18/26 Price Changed $249,999 -3.8% $263 / Sq Ft
06/01/2026 06/01/26 Price Changed $259,998 -7.1% $274 / Sq Ft
05/06/2026 05/06/26 Price Changed $279,900 -1.6% $295 / Sq Ft
04/29/2026 04/29/26 Price Changed $284,400 -1.7% $300 / Sq Ft
04/09/2026 04/09/26 Price Changed $289,400 0.0% $305 / Sq Ft
03/12/2026 03/12/26 For Sale $289,500 -- $305 / Sq Ft
Source: Real Estate Information Network (REIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,877 $296,600 $155,900 $140,700
2024 $2,597 $267,700 $139,200 $128,500
2023 $2,428 $245,300 $120,000 $125,300
2022 $2,263 $228,600 $120,000 $108,600
2021 $2,125 $214,600 $110,000 $104,600
2020 $2,034 $199,900 $109,000 $90,900
2019 $1,922 $188,900 $109,000 $79,900
2018 $1,894 $188,900 $109,000 $79,900
2017 $1,894 $188,900 $109,000 $79,900
2016 $1,846 $186,500 $109,000 $77,500
2015 $1,989 $200,900 $121,000 $79,900
2014 $1,904 $202,100 $127,000 $75,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Information Network (REIN)

MLS Number: 10624165

Real Estate Information Network (REIN)

APN: 2427-15-9031-0205

Your Personal Tour Guide

Ask me questions while you tour the home.