1001 Five Forks Rd

Virginia Beach, VA
$ 1,075,000 Beds 4 Baths 3 Sq 3,643
Monthly Estimate* How much can I afford?

Lakefront living meets year round luxury on this one of a kind 1.15 acre Lake Smith property, offering 400 feet of private shoreline and an exceptional blend of modern upgrades and resort style amenities. This home now features 4 spacious bedrooms and 3 full baths, creating generous private living space to match its extraordinary outdoor setting. Recent improvements since 2019—including the kitchen upgrades, HVAC, roof, carpet, electrical panel, windows, and driveway—deliver turnkey comfort in one of Virginia Beach’s most sought after neighborhoods. An impressive 1,100 sq ft deck, a 1,200 sq ft four season room (heated/cooled by 2 mini-split systems), and an indoor heated swimming pool set the stage for true resort style living. Three fireplaces (including one natural gas), a chef’s kitchen with a Miele six burner gas oven and GE Profile over the range microwave, a whole house generator, and an in ground irrigation system add everyday convenience and luxury. A detached workshop—complete with full electrical service and running water—provides exceptional flexibility for hobbies, storage, or future expansion. Seller financing available for buyer with appropriate qualifications.

Single Family

  • Price
  • $ 1,075,000
  • City
  • Virginia Beach
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • VIRGINIA BEACH CITY
  • Half Bathrooms
  • 0
  • Area
  • Northwest Virginia Beach
  • Lot Size
  • 1.15 Acres
  • Zip
  • 23455
  • Sqr Footage
  • 3,643
  • Year Built
  • 1967
  • Taxes
  • $ 7011
  • Style
  • Ranch
  • MLS#
  • 10647857
Listed By: Garrett Realty Partners
Data Source: Real Estate Information Network (REIN)

Features

General

Heating Heat Pump
Water Type City/County
Cooling Central Air,Heat Pump
Ownership Type Simple
Waterfront Description Lake
Roof Asphalt Shingle
Appliances 220 V Elec,Dishwasher,Disposal,Dryer,Microwave,Gas Range,Refrigerator,Washer
Unit Description 1 Living Lvl
Parking Garage Att 2 Car,Off Street,Driveway Spc
Zoning R30
Style Ranch
Property Type Residential
Area 41 - Northwest Virginia Beach
Subdivision Name LAKE SMITH TERRACE
Sub Type Detached
Elementary School Thoroughgood Elementary
High School Bayside
Middle School Independence Middle
Non Non Contingent

Interior Features

Interior Features Fireplace Gas-natural,Fireplace Wood,Primary Sink-Double
Water Heater Type Electric
Other Rooms 1st Floor Primary BR,Breakfast Area,Office/Study
Flooring Type Carpet,Ceramic,Slate,Wood
Fireplaces 1
Equipment Backup Generator,Ceiling Fan,Gar Door Opener

Exterior Features

Waterfront Yes
View Water
Exterior Features Pump,Well
Fence Description None
Sewer Type City/County
Siding Brick,Shingle
Foundation Crawl
Pool In Ground Pool
Garage Y/N Yes
Garage Square Feet 500

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Suffolk, VA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Thoroughgood Elementary
Middle School Independence Middle
High School Bayside High School

Property vs Zip Code Average in 23455

Visits
AVG 54
23
Data Provided by Inside Real Estate®

1001 Five Forks Rd Virginia Beach, VA is a Single Family Home for sale at $1075000 with 3643 sqft and a lot size of 1.15 Acres Acre(s). 1001 Five Forks Rd Virginia Beach has 4 bedrooms, 3 baths and was built in 1967. The property's zip code is 23455 which is in Virginia Beach, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.