Recently remodeled just two years ago, this home offers great bones and modern updates but now needs a little TLC to truly shine again. Priced well below market value, it’s a fantastic opportunity for investors, flippers, or buyers looking to build equity. Don’t miss this chance—priced to sell and ready for your personal touch! This property is being offered as a short sale and is subject to lender review and approval.
Coronado-Inglenook, located between Granby Street and Chesapeake Boulevard, is a residential and commuter-friendly Norfolk neighborhood with mid-century ranch homes and a tree-lined street grid. The neighborhood’s character concentrates around the Granby Street corridor near Wards Corner, where barbershops, local eateries, and everyday storefronts set a steady, lived-in rhythm. Community pillars nearby include the Naro Expanded Cinema for indie screenings, the Harrison Opera House for performances, and the Chrysler Museum of Art for gallery afternoons. Blocks read as practical and low-rise, with driveways, small lawns, and mature shade trees shaping the streetscape. Nearby green space and waterfront paths support walking loops and weekend resets. The setting keeps daily errands and cultural outings on a short, direct route.
Provided by Walk Score and Local Logic
Market insights
974 Philpotts Rd · $199,000
DAYS ON MARKET
38 days
The average home goes pending in 28 days.
SALE-TO-LIST
98.8%
Most homes are selling 1% below list price.
LIST PRICE
$199,000
Median list price in this area is $330,740. (66% higher than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Wood-burning fireplace
Fireplace (1 total)
Bedrooms
One bedroom with ensuite
First-floor bedroom noted (no full bathroom on first floor)
Bathrooms
2 full bathrooms
1 half bathroom
Kitchen
Electric range
Microwave
Garbage disposal
Refrigerator
Laundry & utility
Washer hookup
Dryer hookup
Utility room
Flooring
Ceramic flooring
Heating & cooling
Heat pump with auxiliary/backup
Central air conditioning
Electric water heater
Exterior features
Aluminum siding
Back yard fenced
Above-ground pool
Storage shed
Home design
Detached Traditional home
2 stories
Crawl foundation
Simple ownership
Oceanfront waterfront
Parking
Driveway parking spaces
Street parking
Construction
Asphalt shingle roof
Utilities
City/County water
City/County sewer
Electric water heater
HOA & community
No HOA (fees listed as none/0)
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the Single Family 10 ,SF-10 district is to provide lands that accommodate primarily residential single family detached dwellings at higher densities. The district also accommodates day cares, limited group living, government offices, parks and recreation centers, and minor utility facilities. District regulations discourage development that substantially interferes with the quiet residential nature of the district. It is generally intended to be located in the suburban character district.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Infrastructure
Park & open space
Climate risks
4/10 Flood Factor
Estimated 16-24% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Norfolk, VA • 23513
Average low and high temperatures (°F)
46
31
50
35
66
46
74
54
77
61
87
70
89
75
81
69
78
66
70
56
63
47
51
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in Norfolk. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 974 Philpotts Rd
$203,668
$4,668 over list price of $199K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $199K to $350K.