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821 Arctic Ave, Virginia Beach, VA, 23451

4beds
5baths
5,983sqft
$1,649,000
$276price/sqft
$10,961/moest. monthly cost
$438,440/yrincome needed

About This Home

Beautiful waterfront living on Lake Holly in sought-after Shadowlawn! This stunning three level home offers an elevator for easy access and features 4 en-suite bedrooms, including a bright and spacious third floor primary suite with sweeping water views, natural gas fireplace, large walk-in closet, and marble bathroom with optional steam shower. Showcasing elegant crown molding and rich hardwood floors throughout, with radiant heated floors in the first-floor chef’s kitchen, dining area, sunroom, and primary bath, this luxurious coastal home has it all: abundant natural light, two full kitchens on the first and second floor, water views from all new decks on every level, a full house backup gas generator, power storm shutters, and outdoor shower. The large square footage and expansive 1st floor deck is perfect for indoor and outdoor entertaining all year round. With easy access to the beach and local restaurants, this Shadowlawn gem is Virginia Beach coastal living at its finest.

Getting Around

54
WalkingSomewhat Walkable
49
TransitSome Transit
66
BikeBikeable

Schools

7/10
7/10
7/10

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: 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

Bedrooms & Bathrooms

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

Features

  • Cathedral Ceiling(s),Cedar Closet(s),Dual Entry Bath (Br & Hall),Primary Sink-Double,Walk-In Closet(s),Ceiling Fan(s),Central Vacuum,Entrance Foyer,Pantry
  • Window features: Window Treatments
  • Flooring: Ceramic Tile,Marble,Wood
  • Number of fireplaces: 1
  • Fireplace features: Fireplace Gas-natural,Primary Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Radiant Floor,Zoned
  • Cooling features: Central Air,Zoned

Interior Area

  • Total interior livable area: 5,983 sqft

Property

Details

  • Parcel number: 24271481120000
  • Zoning: R5S
  • Other equipment: Backup Generator

Features

  • Stories: 3
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Balcony
  • Fencing: Back Yard,Decorative,Picket,Fenced
  • Has view: Yes
  • View description: City,Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 7,884 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage Att 2 Car,Multi Car,Driveway,On Street,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 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 $8,338$100,056
Home Insurance *$709$8,508
Property Taxes $1,338$16,056
Electricity $576$6,915
Total$10,961$131,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$375,805/yr
40% on housing$328,830/yr
45% on housing$292,293/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

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 23451$441
Virginia Beach City$291

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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