$3,266 Closing Credit¹
#10569491, Kim Wilkins, Listing office: RE/MAX Ultra
$299,999 List price
205 Lake Dr Virginia Beach, VA 23451
$3,562
Closing credit¹
1 bed
1 full
949 sqft
$316 / sqft
Condo
Property details
About 205 Lake Dr
The bedroom has been split into two rooms with its own closets to give the condo 2 rooms to use (can be reverted) - with one leading to a private balcony facing the beach. Thoughtful upgrades throughout include quartz countertops, refreshed cabinet drawer fronts, luxury vinyl plank flooring, a new range hood, and Dec-Tec surfacing on both balconies. Wake up to water views and the breeze of the Virginia Beach Oceanfront in this beautifully updated condo overlooking tranquil Lake Holly. Just steps from the sand and the vibrant boardwalk, this light-filled home offers an unbeatable location. The open-concept living area is bathed in natural light, great for both peaceful mornings and lively evenings with guests. Slide open the door to your private balcony and enjoy front-row seats to stunning lake views. 1-year home warranty to be provided with purchase. Enjoy this centrally located home to all that Virginia Beach has to offer! Do not miss out on this gem!
Highlights
Home typeCondominium
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size949 sqft
Year built1983
ParkingAssigned/Reserved
MLS #10581156
WaterfrontLake Front
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, /Dryer Connection, Microwave, Electric Range, Refrigerator, Washer, Washer Connection
- Flooring Type: Laminate/LVP, Vinyl
- Total Bedroom Count: 1
- Private Pool: No
- Parking: Assigned/Reserved
- Waterfront: Lake Front
- Architectural Style: Lo Rise
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $299,999
- Price/SqFt: $316
- HOA Amount: $0
- Annual Tax Amount: $2,650
- Tax Year: 2024
- Year Built: 1983
- Stories: 1
- Living Area: 949 SqFt
- MLS Number: 10581156
- Office Name: LPT Realty LLC
- Listing Agent: Exiquio Mora
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$299,999
205 Lake Dr
$3,562
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $267,700 | $2,650 |
| 2023 | $245,300 | $2,428 |
| 2022 | $228,600 | $2,263 |
| 2021 | $214,600 | $2,124 |
| 2020 | $199,900 | $2,033 |
| 2019 | $188,900 | $1,893 |
| 2018 | $188,900 | $1,893 |
| 2017 | $188,900 | $1,893 |
History based on county public records data.
Nearby schools
5
W. T. Cooke Elementary School
Public District PK-5
0.3 mi
•1501 Mediterranean Ave
4
Seatack Elementary School
Public District PK-5
2.1 mi
•912 S Birdneck Rd
3
Birdneck Elementary School
Public District PK-5
2.3 mi
•957 S Birdneck Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,026. Most Virginia Beach, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
29%
<35k
56%
35k-100k
12%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
6%
Single, with Kids
26%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
4%
12-17 yrs old
21%
18-34 yrs old
56%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Yoga/pilates
Continuing Education Courses
Where do the neighbors shop?
Chico's
H&M
Express/Express For Men
Where do the neighbors go to eat?
Boston Market
Dominos Pizza
Qdoba
What do the neighbors drive?
Volvo
Audi
Volkswagen
What do the neighbors listen to?
Talk/Personality
Alternative
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 205 Lake Dr
The listing price of 205 Lake Dr property is $299,999.
The property 205 Lake Dr is a condo located in Virginia Beach, Virginia, 23451.
Active Listing: 205 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 205 Lake Dr are: W. T. Cooke Elementary School (GreatSchools Rating 5/10), Seatack Elementary School (GreatSchools Rating 4/10), Birdneck Elementary School (GreatSchools Rating 3/10), Virginia Beach Middle School (GreatSchools Rating 7/10), Lynnhaven Middle School (GreatSchools Rating 5/10), Corporate Landing Middle School (GreatSchools Rating 7/10), First Colonial High School (GreatSchools Rating 6/10), Ocean Lakes High School (GreatSchools Rating 7/10), Frank W. Cox High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $2,650 (source: MLS/based on county public records data).
The property at 205 Lake Dr has 1 bedroom and 1 bathroom.
The property 205 Lake Dr is 949 SqFt (source: MLS/tax record).
The year of construction for 205 Lake Dr is 1983.
This home is located at 205 Lake Dr in Virginia Beach, VA and zip code 23451 in the Resort Area neighborhood. This 949 square foot home was built in 1983. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $299,999.
Over 1 listings were sold over their listed price in May 2025 in Virginia Beach, VA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Virginia Beach, VA between April and May 2025 increased by 12.9%. In May 2025 median list price was $600,000 and the average listing age was 19 days.
From Rocket Homes Real Estate and based on county public records data.