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2309 Point Chesapeake Quay #5021, Virginia Beach, VA, 23451

3beds
3baths
2,340sqft
$1,699,000
$726price/sqft
$10,947/moest. monthly cost
$437,880/yrincome needed

About This Home

Stunning penthouse retreat on the Chesapeake Bay offering an elevated coastal lifestyle within this beautiful gated community. From the moment you enter, sweeping water views fill the space, along with natural light creating an unforgettable backdrop. Whether enjoying the balcony, unwinding by the fireplace, or cooking in the gourmet kitchen, this penthouse residence showcases premium finishes throughout. The expansive owners' suite features a custom walk-in closet & spa-inspired bath designed for relaxation. Storage & Amenities continue with an oversized 2-car garage, key fob entry, beautifully designed clubhouse, pool, and gazebo on the Bay. Close proximity to dining, entertainment, markets, military bases, and more. This is a rare opportunity to live in Virginia Beach's most scenic luxury settings. Call today to schedule your private tour.

Getting Around

39
WalkingCar-Dependent
24
TransitMinimal Transit
43
BikeSomewhat Bikeable

Schools

9/10
8/10
Great Neck Middle SchoolGrades 6-81.9 mi
7/10
Frank W. Cox High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Pile
  • Roof: Asphalt Shingle,Metal
  • Construction materials: Fiber Cement,Masonry

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Gas Range,Refrigerator,Washer,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s),Primary Sink-Double,Walk-In Closet(s),Ceiling Fan(s),Pantry
  • Window features: Window Treatments
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Fireplace Gas-natural
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 2,340 sqft

Primary Bedroom

  • Level: First

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 14897971595021
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None,Association
  • Exterior features: Balcony
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Decorative,Wall,Fenced
  • Has view: Yes
  • View description: Bay,Beach
  • Has water view: Yes
  • Water view: Bay,Beach
  • On waterfront: Yes
  • Waterfront features: Bay

Parking

  • Total spaces: 2
  • Parking features: Garage Att 2 Car,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $8,591$103,092
Home Insurance *$730$8,760
Property Taxes $1,401$16,812
Electricity $225$2,704
Total$10,947$131,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$375,325/yr
40% on housing$328,410/yr
45% on housing$291,920/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

$726This listing

vs Other Active Listings

Avg $/sqft

ZIP 23451$439
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

AgentTim Cochran
BrokerageBHHS RW Towne Realty

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