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785 W Ocean View Ave, Norfolk, VA, 23503

4beds
3baths
2,295sqft
$560,000
$244price/sqft
$3,944/moest. monthly cost
$157,760/yrincome needed

About This Home

Welcome to Ocean View! Enjoy a coastal lifestyle just moments from the water in this 4-bedroom, 2.5-bath townhome featuring water views. This home offers a bright and comfortable layout with a laid-back lifestyle that delivers convenience, character, and location all in one. Recent updates include a new roof and electrical panel, offering added peace of mind. Google Nest system conveys. Hot tub and Outdoor shower (not hooked up) sold as-is, seller never used. No short-term rentals permitted. No HOA/Condo Fees.

Getting Around

6
WalkingCar-Dependent
23
TransitMinimal Transit
37
BikeSomewhat Bikeable

Schools

4/10
3/10
Northside Middle SchoolGrades 6-82.0 mi
2/10
Granby High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding,Wood Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Electric Range,Refrigerator,Washer,Electric Water Heater

Bedrooms & Bathrooms

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

Features

  • Cedar Closet(s),Ceiling Fan(s),Pantry
  • Flooring: Laminate/LVP,Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Fireplace Gas-natural
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Programmable Thermostat
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,295 sqft

Property

Details

  • Parcel number: 02748456
  • Attached to another structure: Yes

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: Balcony
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: None
  • Has view: Yes
  • View description: Bay,Water
  • Has water view: Yes
  • Water view: Bay,Water
  • On waterfront: Yes
  • Waterfront features: Bay,Deep Water

Parking

  • Total spaces: 1
  • Parking features: Garage Att 1 Car,1 Space,Assigned,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $2,831$33,972
Home Insurance *$312$3,744
Property Taxes $580$6,960
Electricity $221$2,652
Total$3,944$47,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,222/yr
40% on housing$118,320/yr
45% on housing$105,173/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

$244This listing

vs Other Active Listings

Avg $/sqft

ZIP 23503$194
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)

Price History

No price history available

For Sale by Agent

AgentCindy Petika
BrokerageThe Bryant Group

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