This waterfront home offers luxury living along the Nansemond River. Situated on a large lot with deep, tidal water access and a private dock already in place, this property is ideal for boating, kayaking, fishing, and taking in breathtaking sunset views. The backyard offers endless possibilities for outdoor living and future enjoyment. Inside, the home captures the beauty of its waterfront setting with natural light pouring in and river views showcased across the rear elevation. A formal entry welcomes you as this home is designed for both elegant entertaining and everyday comfort, large closets, and storage throughout. Upstairs, the expansive primary suite is a true retreat with elevated views of the Nansemond River, a private second-level balcony. Located near shopping, dining, medical, parks, a public golf course, boat ramp, and neighborhood tennis/pickleball courts, this home offers an exceptional North Suffolk lifestyle in one of the area’s most charming waterfront communities.
Est. $2,418 per month, based on comparable rentals
Sale and tax history for 118 Sleepy Point Way
Sale History
Tax History
Date
Event
Price
REINMLS #10630669
Oct 2, 2026
Sold
$935,000
$225/sq ft
Jul 16, 2026
Listing Removed
—
Apr 23, 2026
Listed
$1,049,900
$253/sq ft
REINMLS #10626227
Apr 16, 2026
Listing Removed
—
Apr 6, 2026
Price Changed
$1,049,900
$253/sq ft
Mar 23, 2026
Listed
$1,064,900
$257/sq ft
Public Records
Apr 23, 2021
Sold
$605,000
$146/sq ft
REINMLS #10363827
Mar 6, 2021
Listed
$625,000
$151/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,087 (+2.4%)
$355,500 + $587,200
$942,700
2024
$9,846
$355,500 + $564,700
$920,200
2023
$9,843 (+9.5%)
$355,500 + $547,500
$903,000
2022
$8,988 (−1.5%)
$355,500 + $469,100
$824,600
2021
$9,128 (−0.6%)
$355,500 + $466,800
$822,300
2020
$9,183 (+6.1%)
$355,500 + $471,800
$827,300
2019
$8,656 (+0.7%)
$355,500 + $424,300
$779,800
2018
$8,595 (+3.7%)
$355,500 + $418,800
$774,300
2017
$8,285
$355,500 + $418,800
$774,300
2016
$8,285 (+3.9%)
$355,500 + $418,800
$774,300
2014
$7,975
$355,500 + $418,800
$774,300
2013
$7,975 (−2.7%)
$355,500 + $418,800
$774,300
2012
$8,195
$356,900 + $489,300
$846,200
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
1.57 Acres
Year renovated
1992
Sq. Ft.
4,151
Year built
1992
Style
Single Family Residential
County
Suffolk
APN
304288300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 20, 2026.
RL
Residential Low Density District
To provide areas for low density single family uses which provides a buffer between A, RR, RE and the more intensive residential zoning district classifications. This zoning district implements the policies of the Comprehensive Plan; to maintain balance and diversity in the City's housing stock by permitting high quality residential housing in conjunction with other districts which disperse housing for other income groups throughout the City.