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
On average, homes in Lake Shores, Virginia Beach sell after 19 days on the market compared to the national average of 51 days. The median sale price for homes in Lake Shores, Virginia Beach over the last 12 months is $436,000, up 32% from the median home sale price over the previous 12 months.
Median Sale Price
$436,000
Median Single Family Sale Price
$464,250
Median 2 Bedroom Sale Price
$249,900
Average Price Per Sq Ft
$234
Number of Homes for Sale
9
Last 12 months Home Sales
20
Median List Price
$437,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
32%