842 W Ocean View Ave Norfolk, VA 23503
Willoughby NeighborhoodEstimated payment $12,517/month
Highlights
- Property Fronts a Bay or Harbor
- Deck
- 2-minute walk to Captains Quarters Nature Center And Park
- Deep Water Access
- Wood Siding
About This Home
Rare bayfront investment opportunity on the shores of the Chesapeake Bay. Package sale includes 840 and 842 W Ocean View Ave, offering a unique combination of waterfront lifestyle and strong income potential. The bayfront duplex features panoramic water views and private beach access—great for boating, fishing, kayaking, and enjoying unforgettable sunsets. Flexible options allow you to occupy one side while leasing the other, rent both units, or explore conversion to a single waterfront residence (subject to approvals). In addition, a well-maintained four-unit building with numerous updates provides a reliable income stream. This offering blends coastal living with investment performance in one distinctive property. Conveniently located near interstates, shopping, dining, and local amenities. Shown by appointment only. Please do not disturb occupants. Property under video surveillance. Both properties must be sold together as a package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,952
Year Built
- Built in 1984
Home Design
- 3,332 Sq Ft Home
- Duplex
- Side-by-Side
- Asphalt Shingled Roof
- Urethane Roof
- Wood Siding
- Pile Dwellings
Outdoor Features
- Deep Water Access
- Deck
Lot Details
- Lot Dimensions are 50'x300'
- Property Fronts a Bay or Harbor
Schools
- Ocean View Elementary School
- Northside Middle School
- Granby High School
Utilities
- Separate Meters
- Separate Water Meter
- Electric Water Heater
Community Details
- Willoughby Beach Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | For Sale | $2,000,000 | -- | $600 / Sq Ft |
Source: Real Estate Information Network (REIN)
MLS Number: 10623285
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Ask me questions while you tour the home.