RENTED FEB 25, 2026

Estimated Value: $1,057,000 - $1,596,000

4 Beds
3.5 Baths
3,683 Sq Ft
$368/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • Linkhorn Park Elementary School Rated A-
  • 2 Fireplaces
  • Programmable Thermostat

About This Home

As of February 2026

Exceptional Bay Colony residence offering over 3,500 square feet of elegant living space in one of Virginia Beach’s most sought-after communities. This expansive home features 4 bedrooms and 3.5 baths, designed for both gracious entertaining and comfortable everyday living. Enjoy formal living and dining rooms, along with an impressive mixed use room featuring a wet bar and fireplace, great for gatherings. An additional upstairs great room provides flexible space for a playroom or additional closet space. Ideally located near the Princess Anne Country Club and the iconic Cavalier Hotel, this home combines size, style, and an unbeatable coastal lifestyle. Must have credit over 700, income 3x the rent and good rental references.

Last Agent to Rent the Property

Samantha Spruill

The Property Shoppe Listed on: 12/16/2025

Last Renter's Agent

Samantha Spruill

The Property Shoppe Listed on: 12/16/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 16,945 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,683 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Blinds
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Schools

  • Linkhorn Park Elementary School
  • Virginia Beach Middle School
  • Frank W. Cox High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Bay Colony Subdivision

Listing and Financial Details

  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0.39 Acres

Rental Info

  • Rental Type: Single Family
  • Lease Type: Yearly
  • Lease Conditions: Lease, Security Deposit
  • Rent Includes: None

Listing Details

  • Property Type: Rental
  • Property Type - Cross Property: Rental
  • Style: Traditional
  • GarageYN: Yes
  • LP/ Sq Ft: 1.27
  • Neighborhood Name: CAVALIER PARK
  • Estimated Year Built: 1974
  • Address Street Name Website: Cavalier
  • Address Website: 509 Cavalier DR
  • Fence: Yes
  • Insurance Required Y N: Yes
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1974

Interior Features

  • Fireplaces Number: 2
  • Flooring Type: Ceramic, Laminate/LVP, Wood
  • Windows Treatments: Blinds
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • First Floor Bedroom/Full Bathrooms: No
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
  • Floor Level: 1
  • Stories Number: 2.0000
  • Estimated Sq Ft: 3683

Exterior Features

  • Fence Description: Back Fenced
  • Foundation Type: Crawl
  • Roof: Other
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: Garage Att 2 Car, Off Street, Driveway Spc

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air, Zoned
  • Heating: Hot Water, Nat Gas, Programmable Thermostat, Zoned

Condo/Co-op/Association

  • Pets: Pet Deposit Addl, Pet Restrictions

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 0.3890

MLS Schools

  • Elementary School: Linkhorn Park Elementary
  • School High School: Frank W. Cox
  • Middle School: Virginia Beach Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Holland Carlson
Bought by
Phelps John and Phelps Amanda
Current Estimated Value
$1,353,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Outstanding Balance
$621,278
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$732,242
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phelps John $870,000 Priority Title
Phelps John Yancey $870,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps John Yancey $696,000
Closed Phelps John $696,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2026 02/25/26 Rented $4,400 -6.3% --
02/25/2026 02/25/26 Off Market $4,695 -- --
01/16/2026 01/16/26 Price Changed $4,695 -2.1% $1 / Sq Ft
12/16/2025 12/16/25 For Rent $4,795 -- --
Source: Real Estate Information Network (REIN)

Tax History

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 $10,716 $1,146,000 $677,000 $469,000
2024 $10,716 $1,104,700 $610,000 $494,700
2023 $9,008 $909,900 $451,100 $458,800
2022 $8,525 $861,100 $426,800 $434,300
2021 $7,917 $799,700 $388,000 $411,700
2020 $8,148 $800,800 $388,000 $412,800
2019 $7,705 $757,200 $388,000 $369,200
2018 $7,591 $757,200 $388,000 $369,200
2017 $7,315 $729,700 $360,500 $369,200
2016 $6,727 $679,500 $329,300 $350,200
2015 $6,235 $629,800 $311,500 $318,300
2014 $5,325 $583,800 $333,800 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Information Network (REIN)

MLS Number: 10613588

Real Estate Information Network (REIN)

APN: 2418-66-5401

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