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Land with Home for Sale in Virginia Beach, Virginia

988 Michaelwood Dr, Virginia Beach, VA 23452

$2,900,000
1.65 acres
Active sale
$100k drop
Est $14,549/mo

Set on its own peninsula, this truly one-of-a-kind luxury estate offers breathtaking water views from every angle. Completely renovated with exceptional craftsmanship, the home features 7 spacious bedrooms and 6 beautifully appointed bathrooms designed for both comfort and elegance. Expansive living areas flow seamlessly for entertaining, while large windows capture stunning panoramic vistas. Enjoy deep water access great for boating and waterfront living, with privacy rarely found in today's market. This extraordinary property combines timeless luxury, modern upgrades, and an unparalleled setting - creating a rare opportunity to own a signature waterfront retreat unlike any other.

4,578
Sq feet
7
Beds
6
Full baths
1910
Built

Location

Street address
988 Michaelwood Dr
Community
Little Neck Cove
Elevation
8 feet
Coordinates
36.8696, -76.1028

Property details

Acreage
1.653 acres
MLS #
REIN 10623841
Posted

Property taxes

Recent
$7,671

Parcels

  • 14884510340000

Details and features

Listing

Type
Residential
Franchise
None

Lot

Waterfront
Yes

Exterior

Parking
Driveway, Garage
Pool
Deck

Structure

Heating
Electric, Natural Gas
Cooling
Central Air
Roof
Shingle

Interior

Rooms
Bathroom x 6, Bedroom x 7
Appliances
Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
Features
Fireplace Decorative, Primary Sink-Double, Pull Down Attic Stairs, Walk-In Closet

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameType
Kingston ElementaryElementary
Lynnhaven MiddleMiddle

Listing history

DateEventPriceChangeSource
Apr 10, 2026Price drop$2,900,000$100,000 -3.3%REIN
Mar 15, 2026New listing$3,000,000REIN
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This 1.653-acre property is located at 988 Michaelwood Dr in Virginia Beach, VA 23452. The property is available for sale for $2,900,000. It has a 4,578 sq ft 7 bedroom, 6 bath house built in 1910.

Checked 2 hours ago — Updated

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