21 hours on Rocket
#10591620, Jen Williams, Listing office: Coastal Towne Realty
$659,000 List price
5031 Ocean Way Norfolk, VA 23518
3 beds
2 full, 1 partial
2,450 sqft
0.2 acres
$269 / sqft
House
Property details
About 5031 Ocean Way
Beautiful, Spacious 2-story home just steps from the Bay! Tucked in a quiet cul-de-sac with the BIGGEST PRIVATE BACKYARD in the neighborhood! Open concept, HIGH ceilings throughout, and a majestic 2-STORY living room open to the upstairs LOFT. All 3 bedrooms are upstairs, including a stunning oversized MASTER BEDROOM SUITE with a spa-like bathroom: double vanity, soaking tub with window, standing shower, and a huge walk-in closet. 2 additional bedrooms upstairs are spacious and well-separated for privacy. Gorgeous WOOD FLOORING throughout - No carpet! Very spacious open kitchen with tall cabinets and granite countertops, pantry, gas stove, and SS appliances. Opens to the living room and your new oversized deck overlooking a private, fenced backyard. 2-car garage. Airy, Modern, and MOVE-IN READY Home with plenty of space for everyone! This home truly has it ALL! Near the Beach, Marina, Restaurants, Entertainment, and Military Bases. Don't you deserve to have YOUR OWN PARADISE? :)
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,450 sqft
Lot size0.2 Acres
Year built2001
ParkingGarage Det 2 Car, 4 Space, Off Street, Driveway Spc
MLS #10585167
FireplaceGas Fireplace
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
- Basement: No
- Flooring Type: Ceramic, Laminate/LVP, Wood
- Interior: Cathedral Ceiling, Fireplace Gas-natural, Primary Sink-Double, Scuttle Access, Walk-In Closet, Window Treatments
- Fireplace: Gas Fireplace
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: Garage Det 2 Car, 4 Space, Off Street, Driveway Spc
- Exterior: Cul-De-Sac, Deck, Patio
- Architectural Style: Traditional, Transitional
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $659,000
- Price/SqFt: $268
- HOA Amount: $14 Monthly
- Annual Tax Amount: $7,058
- Tax Year: 2024
- Year Built: 2001
- Stories: 2
- Living Area: 2,450 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 10585167
- Office Name: Swell Real Estate Co
- Listing Agent: Val Milan
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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 | $564,700 | $7,058 |
| 2023 | $511,600 | $6,395 |
| 2022 | $480,200 | $6,002 |
| 2021 | $403,900 | $5,048 |
| 2020 | $403,900 | $5,048 |
| 2019 | $403,900 | $4,895 |
| 2018 | $391,600 | $4,895 |
| 2017 | $384,500 | $4,421 |
History based on county public records data.
Nearby schools
2
Little Creek Elementary School
Public District PK-5
1.6 mi
•7900 Tarpon Pl
3
Bayside Elementary School
Public District PK-5
2.1 mi
•5649 Bayside Rd
7
Tarrallton Elementary School
Public District PK-5
2.2 mi
•2080 Tarrallton Dr
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 $109,491. The most common annual income of people living in Norfolk, VA is between $100k-200k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
2%
<35k
40%
35k-100k
44%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
5%
Single, with Kids
39%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
3%
12-17 yrs old
20%
18-34 yrs old
54%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis
Soccer
Where do the neighbors shop?
Nordstrom
Bloomingdales
The Container Store
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Starbucks
What do the neighbors drive?
BMW
Lexus
Infiniti
What do the neighbors listen to?
Talk/Personality
News
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5031 Ocean Way
The listing price of 5031 Ocean Way property is $659,000.
The property 5031 Ocean Way is a house located in Norfolk, Virginia, 23518.
Active Listing: 5031 Ocean Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5031 Ocean Way are: Little Creek Elementary School (GreatSchools Rating 2/10), Bayside Elementary School (GreatSchools Rating 3/10), Tarrallton Elementary School (GreatSchools Rating 7/10), Azalea Gardens Middle School (GreatSchools Rating 4/10), Crossroads School (GreatSchools Rating 4/10), Norview Middle School (GreatSchools Rating 3/10), Norview High School (GreatSchools Rating 2/10), Lake Taylor High School (GreatSchools Rating 3/10), Bayside High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $7,058 (source: MLS/based on county public records data).
The property at 5031 Ocean Way has 3 bedrooms and 2 full and 1 half bathrooms.
The property 5031 Ocean Way is 2,450 SqFt (source: MLS/tax record).
The year of construction for 5031 Ocean Way is 2001.
This home is located at 5031 Ocean Way in Norfolk, VA and zip code 23518 in the East Ocean View neighborhood. This 2,450 square foot home, which was built in 2001, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $659,000.
While more than 1 listings in Norfolk, VA in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The number of listings in Norfolk, VA increased by 5.5% between May and June 2025. In June 2025 median list price was $214,250 and the average listing age was 28 days.
From Rocket Homes Real Estate and based on county public records data.