Hampton Roads · Home sale
1335 N Bay Shore Dr in Virginia Beach sells for $8.75 million
A single-family home at 1335 N Bay Shore Dr, Virginia Beach sold for $8,750,000 on August 7, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $8,750,000
- Sold
- August 7, 2026
- Property type
- Single-family home
- Lot size
- 54,895 sq ft
- Year built
- 1968
A waterfront home in Virginia Beach sold for $8,750,000 on August 7, 2026—more than double its assessed market value of $4,281,700, according to the Virginia Beach Real Estate Assessor's sales records. NBS 1335 LLC purchased the single-family home at 1335 N Bay Shore Dr.
An aerial photo shows the property sits directly on the bay with a pool, surrounded by trees and neighboring houses on its 1.26-acre lot. The home was built in 1968, according to the assessor's records.
The $8,750,000 price represents a dramatic jump from the property's last recorded sale. In 2005, the home sold for $2,600,000—meaning the new price is 3.4 times higher.
Listing data describes the home as having 5 bedrooms and 3.5 bathrooms.
What this sale costs to close
What does closing cost at this price? Under Virginia Beach custom the seller's larger charges are $8,750 for the grantor's tax and $5,250 for the regional transportation improvement fee (Hampton Roads grantor's tax). With a 5% commission, the seller's estimated net is $8,250,750 before any mortgage payoff. A buyer putting 20% down would need about $1,940,785 at closing.
Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603038619. 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.