Hampton Roads · Home sale
1109 S Bay Shore Dr in Virginia Beach sells for $7.25 million
A historic home at 1109 S Bay Shore Dr, Virginia Beach sold for $7,250,000 on July 20, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $7,250,000
- Sold
- July 20, 2026
- Property type
- Historic home
- Lot size
- 150,180 sq ft
- Year built
- 1942
A home at 1109 S Bay Shore Dr in Virginia Beach, described in the sale report as historic, sold for $7,250,000 on July 20, 2026, according to the Virginia Beach Real Estate Assessor's sales records. An aerial photo of the property shows the parcel sitting directly on the bay, with a dock.
The same aerial photo shows trees covering much of the lot, with other houses around it.
The price is 2.6 times the most recent earlier sale on record, $2,750,000 in 1996. It also sits above the market value on record, $6,679,200, according to the City of Virginia Beach Office of the Real Estate Assessor.
The record lists Rebecca Hoover Revocable Trust and Benjamin Hoover Revocable Trust as the buyer. The assessor's records show a 1942 construction date and a 3.45-acre lot, and listing data shows 7 bedrooms and 7 bathrooms.
What this sale costs to close
What does closing cost at this price? Under Virginia Beach custom the seller's larger charges are $7,250 for the grantor's tax and $4,350 for the regional transportation improvement fee (Hampton Roads grantor's tax). With a 5% commission, the seller's estimated net is $6,839,468 before any mortgage payoff. A buyer putting 20% down would need about $1,598,583 at closing.
Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603034652. Property details: City of Virginia Beach Office of the Real Estate Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
