8591 Margaret Ave, Norfolk, VA, 23503
About This Home
Located on a cul-de-sac in the highly sought-after Bayview Park neighborhood of Norfolk, this spacious 5-bedroom brick home is ready for its next chapter. The flexible floor plan is perfect for kids' bedrooms, a playroom, home office, guest suite, or multigenerational living. Fresh interior paint & restored original hardwood floors create a warm, move-in-ready feel, while abundant natural light fills the living areas. Enjoy peaceful water views from the backyard & primary bedroom. The gazebo-covered concrete patio is perfect for cookouts & gatherings, while mature trees provide shade & privacy. A powered detached shed offers extra storage or workshop space. Just 5 minutes to Naval Station Norfolk, within 15 minutes of Little Creek, NATO, NSA & Marine Corps bases. Only 4 miles to the beach with easy HRBT access. This home combines timeless character, move-in-ready updates, & incredible potential to personalize.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Roof: Asphalt Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator,Water Heater
- Laundry features: Dryer Hookup,Washer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Walk-In Closet(s),Ceiling Fan(s),Pantry
- Flooring: Other,Wood
- Number of fireplaces: 2
- Fireplace features: Wood Burning
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Heat Pump W/A,Hot Water,Oil,Radiator
- Cooling features: Heat Pump W/A,Wall/Window Unit(s)
Interior Area
- Total interior livable area: 2,201 sqft
Primary Bedroom
- Level: First
Property
Details
- Parcel number: 41183501
- Zoning: R-6
Features
- Levels: Two
- Stories: 1
- Pool features: None
- Patio & porch: Patio
- Fencing: Chain Link,Partial,Fenced
- Has view: Yes
- View description: Water,Trees/Woods
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Creek
Lot
- Lot size: 0.30 Acres
- Features: Cul-De-Sac,Wooded
Parking
- Total spaces: 1
- Parking features: Garage Att 1 Car,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
- 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 | $2,017 | $24,204 |
| Home Insurance * | $222 | $2,664 |
| Property Taxes | $472 | $5,664 |
| Electricity | $212 | $2,544 |
| Total | $2,923 | $35,076 |
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