118 Sleepy Point Way, Suffolk, VA, 23435
About This Home
This waterfront home offers luxury living along the Nansemond River. Situated on a large lot with deep, tidal water access and a private dock already in place, this property is ideal for boating, kayaking, fishing, and taking in breathtaking sunset views. The backyard offers endless possibilities for outdoor living and future enjoyment. Inside, the home captures the beauty of its waterfront setting with natural light pouring in and river views showcased across the rear elevation. A formal entry welcomes you as this home is designed for both elegant entertaining and everyday comfort, large closets, and storage throughout. Upstairs, the expansive primary suite is a true retreat with elevated views of the Nansemond River, a private second-level balcony. Located near shopping, dining, medical, parks, a public golf course, boat ramp, and neighborhood tennis/pickleball courts, this home offers an exceptional North Suffolk lifestyle in one of the area’s most charming waterfront communities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1992
Materials
- Roof: Asphalt Shingle
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Contemp,Transitional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: 220 V Elec,Dishwasher,Disposal,Microwave,Electric Range,Refrigerator,Gas Water Heater
- Laundry features: Dryer Hookup,Washer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Bar,Cathedral Ceiling(s),Primary Sink-Double,Walk-In Closet(s),Ceiling Fan(s),Pantry
- Window features: Skylight(s)
- Flooring: Carpet,Ceramic Tile,Other,Wood
- Fireplace features: Electric,Fireplace Gas-natural,Primary Bedroom
- Attic: Permanent Stairs,Walk-In
Heating & Cooling
- Heating features: Natural Gas,Zoned
- Cooling features: Central Air,Zoned
Interior Area
- Total interior livable area: 4,151 sqft
Primary Bedroom
- Level: First
Utility Room
- Level: First
Property
Details
- Parcel number: 11E10
Features
- Stories: 2
- Pool features: None
- Patio & porch: Deck,Porch
- Exterior features: Inground Sprinkler,Irrigation Control,Balcony
- Fencing: None
- Has view: Yes
- View description: River,Water
- Has water view: Yes
- Water view: River,Water
- On waterfront: Yes
- Waterfront features: Deep Water,Deep Water Access,Navigable Water,Riparian Rights,River Front,Tidal
Lot
- Lot size: 1.57 Acres
Parking
- Total spaces: 2
- Parking features: Garage Att 2 Car,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Winter Weather
- Coastal Flooding
- Hurricane
- Lightning
- Strong Wind
- 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 | $5,308 | $63,696 |
| Home Insurance * | $384 | $4,608 |
| Property Taxes | $935 | $11,220 |
| Electricity | $399 | $4,797 |
| Total | $7,026 | $84,312 |
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