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5518 Ocean Front Ave, Virginia Beach, VA, 23451

5beds
6baths
5,685sqft
$6,200,000
$1,091price/sqft
$39,555/moest. monthly cost
$1,582,200/yrincome needed

About This Home

Set on a gorgeous oversized North End oceanfront site behind a private gated entry, this custom coastal home invites easy living with uninterrupted Atlantic Ocean and beach views. Designed for comfort and hosting, the nearly 6,000 square foot layout with a bright an open floor plan offers a gourmet chef’s kitchen and soaring cathedral ceilings in two separate sunlit living rooms and family room with natural gas fireplace. A first-floor primary in-law suite option and separate ground floor access offers family and friends flexibility and privacy. Additional features include five bedrooms, four full and two half bathrooms, two elevators, two kitchens, and a private office. Outside you will find an expansive fenced yard with mature and professionally landscaped grounds, two garages, an outdoor shower and your own path to ocean beach access - great for long beach days and evening sunsets. Truly one of Virginia Beach’s premier oceanfront gems! May be purchased with 5512 Ocean front.

Getting Around

15
WalkingCar-Dependent
27
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

8/10
7/10
7/10
Frank W. Cox High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Transitional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 220 V Elec,Dishwasher,Disposal,Dryer,Microwave,Gas Range,Refrigerator,Washer,Gas Water Heater
  • Laundry features: Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Bar,Cathedral Ceiling(s),Primary Sink-Double,Walk-In Closet(s),Ceiling Fan(s),In-Law Floorplan
  • Window features: Window Treatments
  • Flooring: Other,Wood
  • Number of fireplaces: 2
  • Fireplace features: Fireplace Gas-natural
  • Fireplace: Yes
  • Attic: Pull Down Stairs,Scuttle

Heating & Cooling

  • Heating features: Natural Gas,Zoned
  • Cooling features: Central Air,Zoned

Interior Area

  • Total interior livable area: 5,685 sqft

Primary Bedroom

  • Level: First

Property

Accessibility

  • Accessibility features: Casement/Crank Windows,Accessible Elevator Installed

Details

  • Parcel number: 24198066060000

Features

  • Stories: 3
  • Pool features: None
  • Patio & porch: Patio,Porch
  • Exterior features: Inground Sprinkler,Balcony
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Back Yard,Decorative,Front Yard,Fenced
  • Has view: Yes
  • View description: Bay,Beach
  • Has water view: Yes
  • Water view: Bay,Beach
  • On waterfront: Yes
  • Waterfront features: Ocean Front

Lot

  • Lot size: 8,398 sqft

Parking

  • Total spaces: 3
  • Parking features: Garage Att 3+ Car,Oversized,Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $31,350$376,200
Home Insurance *$2,667$32,004
Property Taxes $4,991$59,892
Electricity $547$6,571
Total$39,555$474,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,356,171/yr
40% on housing$1,186,650/yr
45% on housing$1,054,800/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,091This listing

vs Other Active Listings

Avg $/sqft

ZIP 23451$437
Virginia Beach City$290

vs Homes Sold Last Month

Median $/sqft

ZIP 23451$402
Virginia Beach City$249

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentSusan Pender
BrokerageBHHS RW Towne Realty

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