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317 Caspian Ave, Virginia Beach, VA, 23451

4beds
4baths
2,260sqft
$1,400,000
$619price/sqft
$9,034/moest. monthly cost
$361,360/yrincome needed

About This Home

Stunning 3-story waterfront home with 4 bedrooms and 3.5 baths on Rudee Inlet in desirable Shadowlawn. Deepwater access to the Atlantic Ocean makes this a true fisherman‘s paradise. Private dock with 16,000 lb boat lift and 1,500 lb jet ski lift. Upgrades include new interior and exterior painting, Pella windows, hardwood floors, new ceiling fans, LVT flooring, epoxy-coated garage floor, new tankless water heater, and solar panels for improved efficiency & reduced energy costs. Open living areas with an elegant kitchen and multiple balconies showcasing incredible water views from every level. Ideally located near the Oceanfront, dining, and entertainment. Exceptional coastal living.

Getting Around

47
WalkingCar-Dependent
45
TransitSome Transit
51
BikeBikeable

Schools

7/10
7/10
7/10

Construction

Condition

  • Year built: 2001

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s),Walk-In Closet(s),Ceiling Fan(s),Entrance Foyer,Pantry
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Fireplace Gas-natural
  • Fireplace: Yes
  • Attic: Permanent Stairs

Heating & Cooling

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

Interior Area

  • Total interior livable area: 2,260 sqft

Property

Details

  • Parcel number: 24270252210000
  • Zoning: R5S

Features

  • Stories: 3
  • Pool features: None
  • Patio & porch: Deck,Patio,Porch,Screened Porch
  • Exterior features: Balcony
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Partial,Fenced
  • Has view: Yes
  • View description: Harbor,Water
  • Has water view: Yes
  • Water view: Harbor,Water
  • On waterfront: Yes
  • Waterfront features: Boat Lift,Bulkhead,Deep Water,Deep Water Access,Dock,Navigable Water

Lot

  • Features: Cul-De-Sac

Parking

  • Total spaces: 1
  • Parking features: Garage Att 1 Car,Oversized,2 Space,Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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 FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
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 $7,079$84,948
Home Insurance *$602$7,224
Property Taxes $1,136$13,632
Electricity $217$2,612
Total$9,034$108,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$309,737/yr
40% on housing$271,020/yr
45% on housing$240,906/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

$619This 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

AgentAndrea Martin
BrokerageA Better Way Realty Inc.

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