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1080 W Ocean View Ave #D, Norfolk, VA, 23503

4beds
3baths
3,043sqft
$899,900
$296price/sqft
$6,026/moest. monthly cost
$241,040/yrincome needed

About This Home

LIVE AT THE BEACH! New construction from an award winning builder. No fee detached condo on the beach side of W. Ocean View Ave. Water views and close to the beach. 2 car garage with tons of space for workshop and golf cart. In home Elevator. Bright open floor plan with high ceilings, Crown molding, tiled baths, stainless steel appliances, quartz tops. Large 3rd floor with endless possibilities. Get it early to make choices on options. Sq ft and renderings from architect.

Getting Around

7
WalkingCar-Dependent
23
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

4/10
3/10
Northside Middle SchoolGrades 6-82.4 mi
2/10
Granby High SchoolGrades 9-124.2 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle
  • Construction materials: Fiber Cement

Type & Style

  • Home type: Condo
  • Architectural style: Cottage
  • Property subType: Condominium

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Entrance Foyer
  • Flooring: Carpet,Ceramic Tile,Laminate/LVP,Wood
  • Number of fireplaces: 1
  • Fireplace features: Fireplace Gas-natural
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

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

Interior Area

  • Total interior livable area: 3,043 sqft

Property

Details

  • Zoning: R-C
  • Special condition: Owner Agent

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Fencing: None
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay
  • Waterfront features: Not Waterfront

Parking

  • Total spaces: 2
  • Parking features: Garage Att 2 Car,3 Space,Off Street,Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
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 $4,550$54,600
Home Insurance *$501$6,012
Property Taxes $682$8,184
Electricity $293$3,517
Total$6,026$72,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$206,605/yr
40% on housing$180,780/yr
45% on housing$160,693/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: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$296This listing

vs Other Active Listings

Avg $/sqft

ZIP 23503$193
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23503$213
Norfolk City$200

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)

No zestimate history available

Price History

No price history available

New Construction

AgentWilliam Callahan
BrokerageWainwright Real Estate

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