13 days on rocket

3012 Island Ln, Virginia Beach, VA, 23454

$1,725,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,834 SqFt
$450/SqFt
House
Schools Nearby

Location

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3012 Island Ln, Virginia Beach$1,725,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Att 2 Car, Driveway Spc
Attached GarageYes
Year Built1950
HeatingHeat Pump, Natural Gas
CoolingCentral Air, Heat Pump
BasementYes
WaterfrontBoat Lift, Waterfront, Navigable Water, River, Tidal
FireplaceGas Fireplace
MLS #10528272
Lot Size0.63 Acres
StatusActive

About 3012 Island Ln

This waterfront home can be found in Great Neck Point, in Virginia Beach. Situated on Long Creek off the Lynnhaven River the property provides deep water access to the Lesner Bridge and the Chesapeake Bay. This area is located minutes to interstates, local Military Bases, the Hampton Roads Bridge Tunnel and is situated near great restaurants and shopping. This picturesque property features mature shade trees, a private sandy beach, a built-in barbecue pit, a pier with three boat lifts; one of which can accommodate a 36 foot vessel up to 27,000 pounds, a fish cleaning station with power and running water, and decks and walkways with amazing views. The home has 4 bedrooms. The Master Suite is located on the second floor with a large master bath, and its own adjoining sitting area with a brick fireplace. There are 4.5 bathrooms, an eat-in kitchen with gas range, a family room with a brick fireplace, and a two car garage with a large room over; a full bathroom and a wet bar.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemp
  • Year Built: 1950
  • Stories: 2
  • Living Area: 3,834 SqFt

Listing Office:

  • Office Name: MOP Land and Farms Realty
  • Listing Agent: Gilbert Falk III

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic, Wood
  • Interior: Bar, Fireplace Gas-natural, Walk-In Closet
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Boat Lift, Waterfront, Navigable Water, River, Tidal
  • Exterior: Deck

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Att 2 Car, Driveway Spc

Lot Features

Lot Information:

  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air, Heat Pump

School Info

Assigned Schools Information:

  • Frank W. Cox High School, Public District Grades 9-12
  • Great Neck Middle School, Public District Grades 6-8
  • John B. Dey Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,725,000
  • Price Per SqFt: $450/SqFt

Tax Information:

  • Annual Amount: $10,055
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Virginia Beach, VA.

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Virginia Beach, VA

City

Med. List Price

$405K

Med. Price/SqFt

$231

Avg. Days On Market

78

# of Sold Homes

389

3012 Island Ln vs Virginia Beach

13 DAYS ON ROCKET

-65 Days

$1,725,000

+$1.3M More

$450/SqFt

+$219 More

KEY TAKEAWAY

This property is $1.3M more than the Median List Price and $219/SqFt more than other homes in Virginia Beach, VA.

Based on homes listed in March 2024

MLS Details

MLS Information:

  • MLS Number: #10528272

Listing Office:

  • Office Name: MOP Land and Farms Realty
  • Listing Agent: Gilbert Falk III

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,055$1,015,700
2020$10,285$1,010,900
2019$9,694$967,000
2018$9,610$967,000
2017$9,610$958,600

History based on county public records data.

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$8,677

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,238

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3493180
8
/10

  • John B. Dey Elementary School

  • 1900 N Great Neck Rd

  • 0.93 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3493181
8
/10

  • Great Neck Middle School

  • 1848 N Great Neck Rd

  • 1.10 miles

  • Public District Grades 6-8

High School

school-card-donut-3493182
6
/10

  • Frank W. Cox High School

  • 2425 Shorehaven Dr

  • 1.76 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,717. Residents of Virginia Beach, VA typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3012 Island Ln

What is the listing price of this property?

The listing price of 3012 Island Ln property is $1,725,000.

What type of property is this?

The property 3012 Island Ln is a house located in Virginia Beach, Virginia, 23454.

Is this property for sale now?

Active Listing: 3012 Island Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3012 Island Ln are:
John B. Dey Elementary School: GreatSchools Rating 8/10
Great Neck Middle School: GreatSchools Rating 8/10
Frank W. Cox High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,055 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3012 Island Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 3012 Island Ln is 3,834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3012 Island Ln is 1950.

Rocket Homes›Virginia›Virginia Beach›23454›3012 Island Ln

This home is located at 3012 Island Ln in Virginia Beach, VA and zip code 23454 in the Great Neck neighborhood. This 3,834 square foot home, which was built in 1950, sits on a 0.63 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,725,000.

In March 2024 in Virginia Beach, VA there were 7.2% more homes for sale than in February 2024. Listings spent 78 days on the market in March 2024, and had a median list price of $405,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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