Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5503 Dawson Rd, Virginia Beach, VA, 23451

4beds
5baths
3,485sqft
$2,650,000
$760price/sqft
$16,596/moest. monthly cost
$663,840/yrincome needed

About This Home

Stunning new construction by Stephen Alexander Homes in a highly sought-after location at the North End of Virginia Beach. No detail has been overlooked in this unique design concept. Four bedroom, four and a half bath modern design that incorporates beach living with sleek concepts. Construction begins early 2026 - ground work is underway. Get in early for the opportunity to select finish options.

Getting Around

12
WalkingCar-Dependent
26
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

9/10
7/10
7/10
Frank W. Cox High SchoolGrades 9-123.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle,Metal
  • Construction materials: Other,Wood Siding,Spray Foam Insulation

Type & Style

  • Home type: Condo
  • Architectural style: Contemp,Transitional
  • Property subType: Condominium

Interior

Appliances

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

Bedrooms & Bathrooms

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

Features

  • Bar,Walk-In Closet(s),Ceiling Fan(s),Entrance Foyer,In-Law Floorplan,Pantry
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump,Variable Speed,Zoned
  • Cooling features: 16+ SEER A/C,Variable Speed,Zoned

Interior Area

  • Total interior livable area: 3,485 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed,Level Flooring

Details

  • Attached to another structure: Yes
  • Zoning: R5R
  • Special condition: Building Soon

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: In Ground
  • Patio & porch: Patio,Porch,Screened Porch
  • Fencing: Partial,Fenced
  • Has view: Yes
  • View description: City
  • Waterfront features: Not Waterfront

Parking

  • Total spaces: 2
  • Parking features: Garage Att 2 Car,Oversized,Driveway,On Street,Electric Vehicle Charging Station(s),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

  • 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 $13,399$160,788
Home Insurance *$1,140$13,680
Property Taxes $1,722$20,664
Electricity $335$4,028
Total$16,596$199,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$569,005/yr
40% on housing$497,880/yr
45% on housing$442,560/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

$760This 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

New Construction

AgentAmy Metzger
BrokerageAtkinson Realty

Similar Homes