Why Live in Lake Shores
Lake Shores in Virginia Beach is a serene neighborhood characterized by its midcentury suburban feel and waterfront views along Little Creek Reservoir. The area features classic 1950s and 1960s ranch-style homes, larger colonials, split-levels, and custom-built houses, with townhouse-style condos also available. Residents may occasionally hear sounds from the nearby Joint Expeditionary Base Little Creek-Fort Story, including machine gun fire and military bugle calls, which some find reassuring. The neighborhood is safer than the national average. Outdoor features include private piers and docks, with the expansive Lake Smith Lake Lawson Natural Area nearby for kayaking, fishing, hiking, and playground activities. Chic’s Beach, about 3 miles away, offers a quieter beach experience on the Chesapeake Bay. Shore Drive serves as the main commercial hub, with Lake Shores Plaza anchored by a Food Lion and various dining options like New River Taphouse and Leaping Lizard Cafe. Community events are organized through the joint Lake Shores, Lakeview Shores, and Lakeview Park Facebook page, with activities such as yard sales and holiday events. Commuters have convenient access to downtown Norfolk, 11 miles away, and Norfolk International Airport, 6 miles away. Public transportation is available via Hampton Regional Transit buses. The neighborhood is served by highly rated schools, including Shelton Park Elementary School, Independence Middle School, and Bayside High School, which offers a magnet Health Sciences Academy.
Frequently Asked Questions
Is Lake Shores a good place to live?
Lake Shores is a good place to live. Lake Shores is considered very car-dependent and somewhat bikeable with some transit options. Lake Shores is a suburban neighborhood. Lake Shores has 6 parks for recreational activities. It is sparse in population with 2.9 people per acre and a median age of 44. The average household income is $91,911 which is below the national average. College graduates make up 37.8% of residents. A majority of residents in Lake Shores are home owners, with 18.8% of residents renting and 81.2% of residents owning their home. A
local real estate agent serving Lake Shores can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Shores neighborhood guide.
How much do you need to make to afford a house in Lake Shores?
The median home price in Lake Shores is $372,000. If you put a 20% down payment of $74,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $83K a year to afford the median home price in Lake Shores. The average household income in Lake Shores is $92K.
What are the best public schools in Lake Shores?
The best public schools that serve Lake Shores are:
What are the best private schools in Lake Shores?
The best private schools that serve Lake Shores are:
What are the most popular zip codes in Lake Shores, Virginia Beach, VA?
What are the most popular neighborhoods near Lake Shores, Virginia Beach, VA?
Home Trends in Lake Shores, VA
On average, homes in Lake Shores, Virginia Beach sell after 34 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Shores, Virginia Beach over the last 12 months is $880,000, up 155% from the median home sale price over the previous 12 months.
Median Sale Price
$880,000
Median Single Family Sale Price
$362,000
Median 1 Bedroom Sale Price
$880,000
Average Price Per Sq Ft
$251
Number of Homes for Sale
3
Last 12 months Home Sales
15
Median List Price
$372,000
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
155%