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Lake Shores Condo for Sale

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    $235,000

    • 2 Beds
    • 2 Baths
    • 1,646 Sq Ft

    5017 Gatehouse Way, Virginia Beach, VA 23455

    Looking for the perfect blend of space, comfort, and convenience? This 2-bedroom, 2-bath condo in Virginia Beach is ready for its next owner! With 1,646 sq. ft., this home features an airy open floor plan, soaring vaulted ceilings, and plenty of natural light. The cozy fireplace is great for chilly evenings, and the private deck is a great spot to unwind. The brand-new HVAC (2025) means peace of

    Jason Edwards EXP Realty LLC

    5017 Gatehouse Way, Virginia Beach, VA 23455

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.

Home Trends in Lake Shores, VA

Housing Trends

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
Months of Supply
2.40
Median List Price
$372,000
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
155%
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