East Beach (23518) is Norfolk's new-urbanist bayfront village — marina, beach, about 12 minutes to Naval Station Norfolk and JEB Little Creek. The median list price is about $829K; for context, the surrounding 23518 ZIP ran a $386K median, up 7.3%, with 28 days to contract for the three months ending August 2026 (Redfin). Written and kept current by John King — U.S. Navy veteran and REALTOR® with Berkshire Hathaway HomeServices RW Towne Realty, Virginia license 0225211050 — 441 closings across Hampton Roads since 2014, 44.2% of the 428 MLS transactions VA-financed, 5.0 stars on 117 Google reviews. Call or text (757) 270-3994.
Last reviewed October 11, 2026 · Market figures: Redfin, three months ending August 31, 2026 · Closing record: REIN MLS, June 2014 – August 2026
★ 5.0·117 Google Reviews·441 Closings·13 Years Experience·U.S. Navy Veteran
East Beach Neighborhood Insider
If you're considering East Beach, you should know what's selling and why before the next one goes.
Get notified when new East Beach listings hit, see what homes are selling for, and stay connected to everything happening on the bayfront — straight to your inbox.
🔒 No spam. No pressure. Just East Beach market updates from a neighbor who knows the area.
Welcome to East Beach
Get a feel for what this page has to offer
This quick intro walks you through what you'll find here — market stats, schools, Chesapeake Bay waterfront lifestyle, local dining, and everything you need to evaluate East Beach as your next home in Norfolk.
Read the transcript — “East Beach Norfolk Home Prices Going UP Fast”
Hey, what's going on, East Beach? Welcome to the East Beach community page. If you live in East Beach, own a home here, or are planning to move into the area, this page is built for you. I'm John King, real estate agent and Navy veteran with Berkshire Hathaway HomeServices RW Towne Realty, and I cover the Hampton Roads real estate market. Every first Monday of the month, I update this page on what's happening in the East Beach real estate market: what homes are selling for, how many of them are coming to the market, how fast they're moving, and what that means for your equity if you own a home here. No BS, just the numbers that actually matter to your neighborhood. You don't have to be thinking of selling to find this information useful. Knowing what your home is worth is just smart home ownership. I've also included a full neighborhood guide that covers pretty much everything else aside from real estate as well. So check back the first Monday of every month and I'll keep you current. I hope you find this information helpful. I'll see you all around town.
Neighborhood Guide
Norfolk's most beautiful planned community on the Bay
Built on roughly 100 acres of prime Chesapeake Bay waterfront in Norfolk's East Ocean View area, East Beach is a Traditional Neighborhood Development (TND) designed in the tradition of Atlantic coastal villages. Construction began in 2004 as part of a city-partnered revitalization of the shoreline — the result is one of the most thoughtfully executed master-planned communities in all of Hampton Roads.
The architecture is unmistakable: beach cottage and Charleston-style homes with wide porches, classic Tidewater proportions, and landscaping that works with the coastal environment. Streets and sidewalks weave around mature trees. Neighbors actually know each other. It's the kind of place people move into and never want to leave.
The Bay Front Club serves as the social heart of the neighborhood — a place where residents gather for sunset concerts on the grass, community events, and the kind of casual connection that's increasingly rare to find. East Beach has consistently been recognized as one of the best neighborhoods in America for good reason: attention to detail at every scale.
Neighborhood History
From blighted WWII housing to one of North America's most awarded neighborhood designs
East Beach's story is one of the most dramatic neighborhood turnaround stories in Hampton Roads. In 30 years it went from being declared off-limits to Navy personnel to winning the Congress for New Urbanism's Charter Award for the most outstanding master plan in North America. The land's history before that is just as layered.
1880s
Ocean View Resort Era
A narrow-gauge railroad brings Norfolk residents to the bay
After the Civil War, Ocean View on the Chesapeake Bay became a popular resort destination for Norfolk residents seeking relief from summer heat. A nine-mile narrow-gauge steam passenger railroad — originally called the Ocean View Railroad — was established between downtown Norfolk and Ocean View, with a small locomotive named the General William B. Mahone carrying families to the bay on weekends. The shoreline along what is now Shore Drive was surveyed for lots and began developing as a seasonal residential community. The eastern end of this stretch — today's East Beach area — was among the quieter sections of shore, its geography providing a natural shelter from the Chesapeake Bay's prevailing winds.
1917–1945
Naval Era
World War I and II transform the Ocean View shoreline
When the United States entered World War I in 1917, the Navy established Naval Operating Base Hampton Roads on the Jamestown Exposition grounds at Sewell's Point — just west of Ocean View. By 1923, Norfolk had annexed the Ocean View area to include the naval base and its surrounding beach property. World War II accelerated military housing demand throughout the corridor. By 1960, federal housing covering approximately 100 acres of the East Beach waterfront had been constructed — dense, utilitarian, built quickly and maintained minimally. Within decades, the housing had deteriorated severely.
Mid-1990s
Off-Limits
The area becomes so blighted it's declared off-limits to US Navy personnel
By the mid-1990s, the housing stock had deteriorated to the point that the US Navy declared the East Ocean View area off-limits to active-duty personnel — one of the clearest signals that a neighborhood has reached a crisis point. Rather than pursue incremental rehabilitation, the City of Norfolk made a bolder decision: tear it all down and start over. In October 1993, the Norfolk City Council designated the 90-acre site a redevelopment area. The city, working with the Norfolk Redevelopment and Housing Authority, invested over $50 million in a risk-sharing public-private partnership, acquired and demolished more than 1,600 buildings, and relocated hundreds of residents.
1994–2004
New Urbanism
Duany Plater-Zyberk designs a walkable coastal village from scratch
In September 1994, the city hired renowned New Urbanist firm Duany Plater-Zyberk & Company to design the master plan — the same firm behind Seaside, Florida and dozens of other landmark traditional neighborhood developments. The design preserved mature live oak canopies by relocating streets half a block off the existing grid, creating linear parks where backyards had been. Every north-south street was given a bayfront green and beach walkover. Sand dune restoration, offshore breakwater placement, and native planting stabilized the eroding shoreline. In 2004, the first 17 homes were completed along 25th Bay Street, and a Norfolk Homearama attracted 130,000 visitors — drawing a lottery for future lots.
2011–Today
National Recognition
Charter Award winner — "Most Outstanding Design in North America"
In 2011, East Beach received the Congress for New Urbanism's Charter Award for the most outstanding design and implementation of a master plan in North America — the highest honor in walkable urban design. East Beach was also named the "Most Transformative Residential Project in the Last 25 Years" by the ODU Real Estate Market Review in 2020, and has been featured in Coastal Living, Virginia Living, and US Airways Magazine. Today, the neighborhood continues to expand into the surrounding East Ocean View corridor, with new restaurants, breweries, and retail drawing residents back to a shoreline that a generation ago was one of the most troubled stretches of bay beach in Hampton Roads.
Location
Where is East Beach and how do you get around?
East Beach sits at the northern end of Norfolk in the East Ocean View corridor, positioned directly on the Chesapeake Bay where it meets the Atlantic Ocean — giving you bayfront sunsets every evening. Norfolk International Airport is just 10 minutes away, and Downtown Norfolk is a 20-minute drive.
Naval Station Norfolk — the largest naval base in the world — is approximately 15 minutes away, making East Beach an ideal base for active-duty families. NAS Oceana and JEB Little Creek are 15–25 minutes out. → Naval Station Norfolk Housing Guide Virginia Beach Town Center is approximately 20 minutes away.
Military positioning: As a Navy veteran myself, I specialize in helping military families find the right fit in Hampton Roads. East Beach's proximity to all three major installations — with no tunnel required for Little Creek — makes it one of the most strategically positioned neighborhoods in the region. VA loan buyers are welcome and well-positioned here.
Explore the Area
East Beach on the map — neighborhood & nearby
See exactly where East Beach sits in Norfolk's East Ocean View — the bayfront, Shore Drive dining, and Naval Station Norfolk access.
East Beach is in Norfolk's East Ocean View — an award-winning new urbanist community with walkable streets, front porches, and direct Chesapeake Bay access.
Real Estate
East Beach real estate: what to expect
The East Beach market offers architectural variety and a wide price range — from 3-bedroom beach cottages to bayfront estate homes. Unlike many established neighborhoods, East Beach still sees occasional new construction from Kirbor Homes on Pleasant Avenue, meaning you can find both established properties and brand-new builds. Browse current East Beach listings here.
Median List Price
$829K
Avg. $/Sq Ft
~$397
↑ 9.5% year-over-year
Avg. Days on Market
~44 days
Active Listings
~12
Incl. new construction
Price ranges by type
Property Type
Typical Range
Notes
Beach cottages / smaller homes
$600K – $900K
3 BR, 1,800–2,400 sf, great starter waterfront
Mid-range single-family
$900K – $1.4M
Custom homes, 2,500–3,800 sf, bay views
Bayfront / waterfront estates
$1.5M – $2.5M+
Direct bay access, deepwater marina proximity
Townhomes & condominiums
$450K – $750K
New construction available; community amenities
Rental range
$2,200 – $4,500+/mo
Low inventory; premium for bay-facing units
From the Agent
What most buyers get wrong about East Beach
13+ years in Hampton Roads. Here's what I see buyers misunderstand about East Beach — every time.
1
They don't fully grasp how recent this neighborhood is — and why that matters.
Every home in East Beach was built after 2004. The oldest structures are barely 20 years old. This means you're not buying into 1960s construction with deferred maintenance questions — you're buying new urbanist design built to modern code on a master-planned footprint. The HOA infrastructure, the breakwater system, the dune restoration — all of it was engineered as a single system. That's unusual in Hampton Roads and it significantly changes the ownership profile.
2
They assume proximity to the base is a negative — it's actually a feature.
East Beach is minutes from NOB Norfolk and JEB Little Creek. For military families, that commute reality is a primary driver — and military buyers have historically been among the most stable and consistent segment of the East Beach market. When orders come, these homes sell. The steady churn of qualified buyers with VA loan access and relocation urgency creates a floor under East Beach pricing that doesn't exist in most civilian submarkets.
3
They focus on the price and miss the design intent behind it.
East Beach won the Congress for New Urbanism Charter Award for Most Outstanding Master Plan in North America. Every street orientation, every bayfront green, every beach walkover was deliberate. When you're pricing a home here against a comparable square footage in a conventional subdivision, you're not comparing the same asset. The walkability, the design coherence, and the coastal positioning are structural features — not amenities you can add later.
Have questions about East Beach specifically?
I know this neighborhood block by block. Call or text me directly — no scripts, no runaround.
East Beach falls within Norfolk Public Schools. Many East Beach families — particularly those with younger children — choose private school options, which is a common and well-understood choice in the community.
🏫
Little Creek Elementary School
Norfolk Public Schools · PK–Grade 5 · approx. 1.5 miles from East Beach
PK–5
📚
Azalea Gardens Middle School
Norfolk Public Schools · Grades 6–8 · approx. 2.5 miles from East Beach
6–8
🎓
Lake Taylor High School
Norfolk Public Schools · Grades 9–12 · approx. 4 miles from East Beach
9–12
🏛️
Norfolk Academy / Norfolk Collegiate
Private · PK–12 · approx. 15 min · strong college placement · most common private choice for East Beach families
PK–12 Private
Lifestyle
Living in East Beach: amenities & community
Living in East Beach means the Chesapeake Bay is never more than a few minutes' walk away. The neighborhood was designed around its connection to the water, and daily life here reflects that — a morning walk to the shore, an afternoon on a boat out of the deep-water marina, or a sunset concert at the Bay Front Club.
🏖️
Bay Front Club & Bayfront Beach
The community's social hub — bayfront pool, clubhouse, and outdoor event space. Hosts sunset concerts on the lawn, neighborhood gatherings, and private events throughout the season.
⛵
Deep-Water Marinas
Pretty Lake's deep-water marinas at the south end of the community offer direct bay access. World-class fishing near the Chesapeake Bay Bridge-Tunnel is minutes away by boat.
🌊
Chesapeake Bay Access
Direct bayfront frontage for swimming, paddleboarding, kayaking, and watching sunsets. The Bay meets the Atlantic here — the views are genuinely remarkable.
🎣
Ocean View Fishing Pier
A neighborhood icon sitting high above the Chesapeake Bay — fishing and crabbing, an on-site tackle shop, and Adirondack seating perfect for watching dolphins at sunset.
🌲
First Landing State Park
Just minutes away — 2,888 acres, 19+ miles of hiking trails through bald cypress swamps and coastal dunes, camping on the bay, and kayak launches.
🛫
Norfolk International Airport
Just 10 minutes away — the closest major neighborhood to ORF in all of Hampton Roads. A significant advantage for military families on PCS orders and frequent travelers.
Community life
East Beach has a genuinely active community culture. The Bay Front Club hosts sunset concerts throughout the warmer months. Book clubs, wine clubs, and community meetups are regular occurrences. The neighborhood also hosts farmer's markets and local events that reflect the character of a place where people actually invest in their surroundings.
Dining & Local Food
Best Restaurants Near East Beach, Norfolk Virginia
East Beach is a walkable neighborhood — and that changes how residents relate to dining. Most of the local spots are within a short drive along Shore Drive, making the corridor one of the most accessible dining stretches in northeastern Norfolk. If you're searching for restaurants near East Beach Norfolk or best places to eat near East Ocean View, these are the spots East Beach residents actually frequent.
Estimates only · Tax at 1.1% VA rate · Insurance at 0.5%
East Beach / 23518 — 12-Month Median Price Trend (Redfin ZIP)
September 2025 – August 2026 · Source: Redfin, rolling 3-month median sale price · Updated monthly
Current Median
$386K
↑ 7.3% YoY
Redfin rolling 3-month median sale price for ZIP 23518 (corridor-wide; East Beach itself trades far above this line), September 2025 – August 2026. Ask John for a street-level REIN MLS series.
Opens in John King's IDX portal · Lead capture enabled · REIN MLS data
Sale Details
$200K$829K$5M
$0$0$2.5M
1%5%6%
$0$0$50K
Estimated Net Proceeds
Sale Price$—
Agent Commission-$—
Mortgage Payoff-$—
VA Transfer Tax (0.1%)-$—
Title & Settlement (~$1,200)-$1,200
Repairs / Concessions-$—
Estimated Net Proceeds$—
Estimates only. Actual proceeds vary. Get an exact net sheet from John King — free home valuation →
Financial Indicators
Live · Source: Federal Reserve (FRED) · Updates daily
📊
10-Year Treasury
Key mortgage rate driver
4.40%
May 29, 2026
🏠
30-Year Fixed
Freddie Mac PMMS weekly
7.40%
Oct 8, 2026
🏦
Federal Funds Rate
Fed benchmark rate
4.5%
September 2026
📈
Case-Shiller HPI
National home price index
332.1
Feb 2026
Why This Matters
How financial markets affect your real estate decision
10-Year Treasury
The single most important rate in real estate. Mortgage rates track the 10-yr directly — when it rises, 30-yr fixed rates follow within days. Watching it tells you where mortgage rates are heading before they move.
Federal Funds Rate
The Fed's benchmark rate. Directly affects home equity lines (HELOCs) and ARMs. When the Fed cuts rates, borrowing gets cheaper — a signal that can unlock buyer demand.
Case-Shiller HPI
The national benchmark for home price appreciation. A rising HPI means home equity is growing — important for both sellers calculating proceeds and buyers building wealth.
Real Estate News
Real Estate News · HousingWire · Updated continuously
Updated September 2026 · Source: Redfin / REIN MLS · Updated monthly
📺 Monthly Market Update
Median List Price
$829K
Boutique bayfront inventory
Avg. $/Sq Ft
~$397
East Beach · 23518 ZIP avg $230
Median Days on Market (23518)
28 days
↓ from 29 days last year
23518 ZIP Median Sale
$386K
↑ 7.3% · 168 sold, 3 months to Aug 2026
Recent Sales
Want to see exactly what’s sold in East Beach lately — real closed prices, not estimates? Run my free instant CMA and I’ll pull the most recent comparable sales for your street:
East Beach inventory updates daily. For the current list of active homes — live pricing, photos, and status straight from the MLS — search my real-time feed:
East Beach continues to hold its position as one of Norfolk's most coveted waterfront communities — a boutique, new-urbanist enclave whose $829K median list price sits more than double the surrounding market. For context, Redfin's figures for the 23518 ZIP (East Beach plus the rest of the Ocean View–Little Creek corridor) for the three months ending August 2026 show a $386K median sale price, up 7.3% year-over-year, homes going under contract in a median 28 days, 168 sales in the period versus 156 a year earlier and 94 active listings. Redfin's figures for the three months ending August 2026 put Norfolk's median sale price at $335K, up 0.3% year-over-year, with homes going under contract in a median 28 days and 921 sales in the period versus 873 a year earlier. This is a deliberate market — buyers do their homework, and the homes that are priced correctly move. Waterfront and bay-view properties continue to command premiums well above the neighborhood average.
If You're Buying
East Beach is competitive, especially at the bayfront and bay-view tiers. The new construction on Pleasant Avenue gives buyers a rare chance to get into East Beach with modern systems and a warranty. On the resale side, well-priced homes with water views don't wait. Get pre-approved before you start looking. Call me and I'll walk you through what's available right now — including anything not yet on the public market.
If You're Selling
East Beach sellers benefit from a growing pool of buyers specifically targeting this neighborhood — drawn by the TND character, bay access, and the corridor's ongoing revitalization. $/sq ft is trending up meaningfully. New construction competition at the lower end is real, so presentation and pricing strategy matter. Call me for a no-obligation valuation.
"He is the consummate professional, shows up strong at all times. He speaks truth and does not try to sell. He puts you in the best position to achieve your goals, providing sound guidance at every turn."
"John was a pleasure for me and my family to work with. From day one he did his homework and had knowledge on my house, and neighboring properties. He assured me my house should sell within 90 days and it sold in less than 40."
Selling in East Beach: half your buyers finance with a VA loan
East Beach sits in 23518, where 50 percent of my closings were VA-financed and homes went under contract in a median of 19 days — faster than the Norfolk median of 28. It is a strong seller's position, provided the home is ready for the appraisal that half your buyer pool will bring with them.
19 days
Median time to contract across my 24 closings in 23518, against a 28-day Norfolk median
50%
Share of those closings financed with a VA loan
57%
VA share across all 96 of my Norfolk closings — the most VA-concentrated city in my record
Newer stock does not exempt you from the checklist
East Beach's housing is younger than most of Norfolk, which removes the pre-1978 paint issue but not the rest. Drainage, grading, exterior finish and anything coastal-exposed still draw appraiser attention, and half your buyers are on a loan that cares.
Faster than Norfolk generally — price to that
At 19 days against a 28-day Norfolk median, this is one of the quicker submarkets in my record. That argues for pricing to the comparables and letting competition work, rather than building in negotiating room the market will not reward.
Coastal insurance is now part of the conversation
Flood zone, elevation certificate and insurance cost are questions buyers here ask early and lenders verify. Having the documentation to hand before listing removes a source of hesitation that otherwise surfaces mid-contract.
Figures come from John King’s own REIN MLS closing record — 428 MLS-recorded transactions (441 client sides), 2014–2026 — not a regional average. ZIP-level figures cover every closing recorded in that ZIP code, which is a wider area than this one neighborhood; sample sizes are shown so you can weigh them. Past results do not predict what any individual home will do.
East Beach is located in zip code 23518 in Norfolk, Virginia, within the East Ocean View neighborhood corridor. The community sits along the Chesapeake Bay in northern Norfolk.
How much do homes cost in East Beach?
Home prices in East Beach range from approximately $600,000 for smaller 3-bedroom beach cottages to over $2.5 million for larger custom-built bayfront homes. Townhomes and condominiums start around $450,000. The median list price is approximately $829,000 and the market is competitive.
What schools serve East Beach?
East Beach is zoned for Norfolk Public Schools: Little Creek Elementary (PK–5), Azalea Gardens Middle (6–8), and Lake Taylor High School (9–12). Many East Beach families choose private school options such as Norfolk Academy, Norfolk Collegiate, or Bishop Sullivan. This is very common in the community.
Is East Beach good for military families?
Yes — East Beach is one of the best-positioned neighborhoods in Hampton Roads for military families. Naval Station Norfolk is approximately 15 minutes away, NAS Oceana and JEB Little Creek are 15–25 minutes away. Norfolk International Airport is only 10 minutes out, which makes PCS transitions significantly easier. As a Navy veteran, I specialize in helping military families navigate this process.
Does East Beach have waterfront homes with marina access?
Yes. East Beach sits directly on the Chesapeake Bay with beach frontage at the north end. The community's deep-water marinas at the south end via Pretty Lake offer direct bay access for boat owners. World-class fishing near the Chesapeake Bay Bridge-Tunnel is minutes away by water.
What types of homes are in East Beach?
East Beach offers real variety: beach cottages, Charleston-style single-family homes, custom estate homes, townhomes, and condominiums — all built in the Atlantic coastal village architectural tradition. Home sizes range from approximately 1,800 to over 5,000 square feet. New construction is occasionally available, including recent townhomes from Kirbor Homes on Pleasant Avenue.
How does East Beach compare to Virginia Beach neighborhoods?
East Beach is technically in Norfolk, but it shares the personality — and competes on price and lifestyle — with many established Virginia Beach waterfront neighborhoods. It often represents better value per square foot than comparable Virginia Beach communities, with shorter commutes to the airport and naval bases. Many buyers who start looking in Virginia Beach end up in East Beach once they see what's available.
Is East Beach, Norfolk a safe neighborhood?
East Beach is a post-2004 planned community with a dedicated HOA, well-lit streets, active community programming, and a high owner-occupancy rate. For crime statistics, the Norfolk Police Department publishes incident data by precinct; I'd rather point you to the source than characterize it myself. East Beach itself — built entirely post-2004 — represents the core of the East Ocean View transformation.
Why are East Beach homes so expensive compared to the rest of Norfolk?
Every home was built post-2004 to new urbanist design standards, the neighborhood won the highest honor in American urban planning (2011 CNU Charter Award), and the bayfront location with private beach walkovers is irreplaceable. You're paying for a fundamentally different product than a conventional Norfolk home.
Who buys in East Beach, Norfolk?
Military families at mid-to-senior ranks who value base proximity, design-oriented buyers who understand the new urbanism premium, young professionals drawn to the walkable bayfront lifestyle, and investors who recognize the stable demand floor created by consistent military presence near NOB Norfolk and JEB Little Creek.
Is East Beach a new construction community?
Yes. East Beach is a master-planned community with most homes built between 2005 and the present. New construction continues on remaining lots. You will find modern architecture, energy-efficient systems, and contemporary floor plans. This is one of the only waterfront neighborhoods in Hampton Roads where you can buy new construction directly on the Chesapeake Bay.
What are East Beach HOA fees?
East Beach HOA fees range from approximately $200 to $500+ per month depending on the section and property type. Fees cover community amenities including the marina, pool, fitness center, beach access, landscaping, and common area maintenance. Review the HOA financial statements and reserve fund before purchasing — the amenity package is comprehensive.
Can I use a VA loan to buy in East Beach?
Yes for single-family homes. For townhomes and condos, the project must be VA-approved — check the VA condo lookup before making an offer. East Beach's proximity to Naval Station Norfolk (15 minutes) makes it popular with Navy officers and senior enlisted using VA loans. John King has closed VA loan transactions in East Beach.
How far is East Beach from downtown Norfolk?
East Beach is approximately 10 to 15 minutes from downtown Norfolk, the Waterside District, and Ghent. It is also 15 minutes from Naval Station Norfolk and 20 minutes from Virginia Beach Town Center. The location gives you urban Norfolk access with a waterfront suburban feel.
What is the East Beach marina?
East Beach has a private community marina with boat slips available for residents. The marina provides direct access to the Chesapeake Bay — you can be on open water within minutes. Slips are managed by the HOA and availability varies. For boaters, this is one of the most convenient bay-access communities in Hampton Roads.
Is East Beach in a flood zone?
Yes — East Beach is on the Chesapeake Bay waterfront, and portions are in FEMA AE and VE flood zones. Flood insurance is required for properties with federally backed mortgages in these zones. Costs vary by elevation and proximity to the water. East Beach homes are built to modern flood-resistant standards with elevated foundations in higher-risk areas.
What is my East Beach home worth?
East Beach values turn on proximity to the water, elevation, age of construction and finish level. John King has closed 24 transactions in 23518 with a median of 19 days to contract. A valuation built from actual closed comparables rather than an automated estimate is free and usually ready within a day.
How fast do homes sell in East Beach?
Across John King's 24 closings in 23518 the median time to contract was 19 days, quicker than the Norfolk median of 28 days across his 96 city closings.
Should I worry about accepting a VA offer in East Beach?
Half of John King's closings in this ZIP were VA-financed, so declining VA offers would exclude a large share of the buyer pool. Across his 441 closings, VA deals ran a median of 30 days against 23 for conventional — about a week — while VA buyers went above asking 35 percent of the time versus 27 percent for conventional buyers.
What documents should I gather before listing in East Beach?
Flood zone determination, elevation certificate if you have one, current insurance declarations and any association documents. Coastal insurance and flood questions come up early with buyers here and are verified by lenders, so having answers ready prevents mid-contract hesitation.
Is Norfolk a good market to sell in right now?
Norfolk is the most VA-concentrated city in John King's record at 57 percent of 96 closings, which means a deep, steady buyer pool anchored to Naval Station Norfolk rather than to interest-rate sentiment alone. Citywide his closings ran a median of 28 days to contract; 23518 specifically ran 19.
Explore More
Other Shore Drive corridor neighborhoods worth knowing
East Beach sits at the western end of Shore Drive — these are the neighborhoods buyers most commonly compare it to when searching this corridor.
U.S. Navy Veteran · Berkshire Hathaway HomeServices RW Towne Realty · 13+ years · 441 closings · Hampton Roads
Ready to make your move in East Beach?
John King is a U.S. Navy veteran and REALTOR® with Berkshire Hathaway HomeServices RW Towne Realty — 13+ years experience, 441 closings, and deep roots in the Hampton Roads market. Whether you're buying, selling, PCSing to the area, or want to know what your East Beach home is worth today, reach out directly.
Recent East Beach and Norfolk waterfront results. Each one links to its source — the full write-up, the client's own review on Zillow or Google, or John on camera.
East Beach, summer 2026: 10 days to contract
East Beach, Norfolk · market read, July 2026
The market
21 homes in play: 9 active, 7 under contract, 5 closed. Closings ran $545K to $1.5M, averaging about $1M.
What John tracked
Days to contract (average 10, median 8), sale-to-list (100%), price per square foot (about $400), and one 28th Bay Street sale at $1.35M that came with an assumable loan.
The number that matters
Correctly priced East Beach homes went under contract in about ten days at full list. That is the benchmark John prices against there.
Waterfront listing → 153 days with no offers, then sold
Elizabeth River, Norfolk · 442 Leepoint Road
The situation
A second-owner riverfront home on nearly 0.6 acres with a private boat ramp sat 153 days with the previous agent. No activity, no offers.
What John did
Repositioned the listing around the water and the 40 years of original-owner care, professional photo and video, strategic pricing from market data, and targeted digital campaigns.
Result
Multiple offers and a sale in 66 days, near asking.
East Beach isn't Norfolk's housing market. It's a master-planned bayfront community with custom architecture, bay access from nearly every block, and a clubhouse most resorts would envy. Homes here range from about $600,000 for a three-bedroom cottage to well into the million-dollar-plus range for a custom waterfront build. Your value depends on your lot, your water proximity, and your carriage-house situation. A Norfolk-wide comp will certainly underprice you; an East Beach-specific analysis won't. Let me run one for you. I'm John King with Berkshire Hathaway HomeServices RW Towne Realty. Thanks for watching.
East Beach Norfolk Market Update | New Construction Sold Fast
East Beach, Norfolk market update. Right now there are 21 homes in play in East Beach: 9 active, 7 under contract and 5 closed. Recent closings ran from about $545,000 up to $1.5 million, averaging roughly $1 million. Average time to contract was 10 days with a median of 8, and homes sold at 100% of list price on average, around $400 per square foot. One example: a home on 28th Bay Street sold for $1.35 million and came with an assumable loan. New construction in East Beach is moving fast. I'm John King, Navy veteran and REALTOR® with Berkshire Hathaway HomeServices RW Towne Realty.