209 Lake Dr, Virginia Beach, VA, 23451
About This Home
Stunning, contemporary lakefront condo just steps from the beach in sought after Summer's Point. Wake to panoramic views of Lake Holly and enjoy breathtaking sunsets from your living room and private patio. Extensively updated, this home features luxury vinyl plank flooring, crown molding, fresh paint, and a shiplap accent wall with an electric fireplace. The gourmet kitchen offers sleek quartz countertops, glass tile backsplash , newer GE appliances and a reverse osmosis water system. Additional upgrades include motorized blinds, Ring security, a newer HVAC, and tasteful features. A dedicated parking spot is included along with ample visitor parking. Enjoy "peace of mind" with HOA improvements: brand new roof (2026), and upcoming paint and flooring in common areas- with NO special assessment to owners. Perfectly located near premier dining, local shops and vibrant nightlife. This move- in-ready retreat offers modern comfort and unbeatable lifestyle as a primary residence or second home.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1983
Materials
- Foundation: Slab
- Roof: Asphalt Shingle
- Construction materials: Other
Type & Style
- Home type: Condo
- Architectural style: Contemp
- Property subType: Condominium
Interior
Appliances
- Appliances included: 220 V Elec,Dishwasher,Disposal,Dryer,Microwave,Electric Range,Refrigerator,Washer,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bar,Entrance Foyer
- Window features: Window Treatments
- Flooring: Ceramic Tile,Laminate/LVP
- Number of fireplaces: 1
- Fireplace features: Electric
- Fireplace: Yes
- Attic: Scuttle
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air,Heat Pump
Interior Area
- Total interior livable area: 1,200 sqft
Primary Bedroom
- Level: First
Property
Details
- Parcel number: 24271590310209
- Attached to another structure: Yes
- Zoning: RT3
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck
- Exterior features: Balcony
- Fencing: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Lake Front
Parking
- Parking features: Assigned,Parking Lot,Multi Car,Off Street
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
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,148 | $25,776 |
| Home Insurance * | $182 | $2,184 |
| Property Taxes | $342 | $4,104 |
| Electricity | $202 | $2,433 |
| Total | $2,874 | $34,488 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
For Sale by Agent
View on Zillow