Wake up to panoramic ocean sunrises and unwind with breathtaking Back Bay sunsets from this rare 4BR/4BA penthouse at The Sanctuary at False Cape. This exceptional two-level residence offers sweeping views of the Atlantic Ocean, Back Bay, and miles of pristine coastline. Floor-to-ceiling windows fill the open living, dining, and kitchen areas with natural light, creating the perfect space for entertaining or relaxing at the beach. Two expansive wraparound decks provide front-row seats to stunning water views in every direction. Spacious bedrooms and four full baths comfortably accommodate family and guests. Located in Sandbridge's premier oceanfront resort community with direct beach access, pools, fitness centers, grilling areas, and a newly added arcade. HOA dues are scheduled to be reduced, enhancing value and investment potential. Ideal as a luxury second home, primary residence, or income-producing investment.
CondoProperty Type
2006Year Built
$316Price/Sq.Ft.
$2,463/moHOA Dues
2 spacesParking
Listed by Lisa Moison• Atlantic Sothebys Int'l Realty
Listed by Misty Brownell• Atlantic Sothebys Int'l Realty
Sandbridge, located between Back Bay National Wildlife Refuge and False Cape State Park, is a coastal and residential Virginia Beach neighborhood with wide Atlantic beaches and a quiet canal-and-marsh backdrop. The neighborhood’s character concentrates around Sandbridge Road at Sandbridge Market, where beach rentals, a small grocery counter, and casual takeout set the day-to-day rhythm. Local pillars include Sandbridge Market, Baja Restaurant, and the Sandbridge Fishing Pier. Architecture leans toward beach cottages and multi-level vacation homes with decks and dune views. Back Bay’s flatwater and the oceanfront shape a paddle-and-surf lifestyle. Evenings read as porch lights, bike rides, and long shoreline walks.
Provided by Walk Score and Local Logic
Market insights
3700 Sandpiper Rd #417 · $945,000
DAYS ON MARKET
196 days
The average home goes pending in 40 days.
SALE-TO-LIST
99.2%
Most homes are selling 1% below list price.
LIST PRICE
$945,000
Median sale price in this area is $351,805. (63% lower than this home)
PRICE DROP
2 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Dining
Interior features
Backup generator
Cable hookup
Ceiling fans
Double primary sink
Walk-in attic
Window treatments
Bedrooms
Three bedrooms with ensuite baths
First-floor master bedroom (first-floor bedroom with full bathroom)
Bathrooms
Four full bathrooms
Kitchen
Dishwasher
Disposal
Electric range
Refrigerator
Laundry & utility
Washer
Dryer
Utility closet
Flooring
Ceramic
Laminate
Heating & cooling
Heat pump
Electric heating
Programmable thermostat
Exterior features
Corner unit
Balcony
Assigned storage
Ocean and bay views
On waterfront (ocean)
Home design
Attached condo
Corner penthouse unit
Contemporary / Transitional style
Mid-rise building
Two-story unit
Elevator access
Entry level: 2
Parking
Has garage
Assigned/reserved parking (2 spaces)
Construction
Fiber cement siding
Metal roof
Slab foundation
Concrete construction
Insulation: concrete formed
Utilities
City/County water
City/County sewer
Electric water heater
HOA & community
HOA: The Sanctuary at False Cape
Managed by EJF Property Management
Condo association fee charged monthly
Other
Condo amenities: elevator, exercise room, pool, ground maintenance, sewer, trash pickup, water
Electricity and solar
View estimated energy costs and solar savings for this home
Rare opportunity to own a corner penthouse residence in The Sanctuary at False Cape, located in the heart of Sandbridge Beach. This home offers nearly 3,000 square feet of coastal living and is one of the largest and most desirable floor plans in the building. Perched on the top floor, this spacious residence captures expansive views of Back Bay along with beautiful ocean views, allowing owners and guests to enjoy both sunrise over the Atlantic and spectacular sunset skies across the bay. The corner location fills the home with natural light and enhances the already impressive water views from multiple rooms. The open-concept layout is designed for gathering and entertaining, w/ a large living area, oversized dining space, and an expansive kitchen with granite countertops, stainless appliances, and ample cabinetry. The well-designed floor plan includes four generously sized bedrooms and multiple bathrooms, offering privacy and comfort for owners and guests alike. Large windows throughout the home frame the surrounding coastal landscape while bringing the outdoors in. Located within The Sanctuary at False Cape, Sandbridge’s premier oceanfront condominium community, owners and guests enjoy resort-style amenities including multiple pools, fitness centers, private beach access, outdoor grilling areas, and beautifully maintained grounds just steps from the Atlantic Ocean. While this residence has not been used as a rental property, similar units within the building have demonstrated strong rental demand, with potential annual rental income estimated around $130,000 based on comparable properties. This makes the property an exceptional opportunity for buyers seeking a luxury second home with significant income potential or a high-performing vacation rental investment. Whether you’re looking for a coastal retreat, investment property, or both, this rare penthouse offers the size, views, and location that make Sandbridge Beach one of Virginia’s most sought-after vacation destinations.
REINMLS #10623324
May 29, 2026
Price Changed
$945,000
$316/sq ft
Apr 2, 2026
Price Changed
$995,000
$333/sq ft
Mar 6, 2026
Listed
$1,025,000
$343/sq ft
REINMLS #10507059
Jan 12, 2024
Listing Removed
—
Oct 29, 2023
Price Changed
$995,000
$333/sq ft
Oct 17, 2023
Listed
$1,050,000
$351/sq ft
REINMLS #10498996
Oct 17, 2023
Listing Removed
—
Oct 2, 2023
Price Changed
$1,050,000
$351/sq ft
Aug 16, 2023
Listed
$1,075,000
$360/sq ft
REINMLS #10320207
Aug 11, 2020
Listing Removed
—
May 11, 2020
Listed
$899,000
$301/sq ft
REINMLS #10275559
Dec 6, 2019
Listing Removed
—
Sep 4, 2019
Price Changed
$895,000
$299/sq ft
Aug 7, 2019
Listed
$995,000
$333/sq ft
REINMLS #10239024
Jul 1, 2019
Listing Removed
—
Feb 5, 2019
Listed
$1,200,000
$401/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,209 (+1.0%)
$102,100 + $685,700
$787,800
2024
$8,129 (+4.8%)
$108,600 + $729,100
$837,700
2023
$7,755 (+9.9%)
$107,500 + $722,000
$829,500
2022
$7,059 (+7.8%)
$100,500 + $675,000
$775,500
2021
$6,548 (−1.0%)
$90,500 + $608,400
$698,900
2020
$6,613 (−1.9%)
$82,300 + $553,400
$635,700
2019
$6,738 (+7.5%)
$80,900 + $544,400
$625,300
2018
$6,269 (−0.3%)
$80,900 + $544,400
$625,300
2017
$6,286 (+5.2%)
$76,500 + $515,100
$591,600
2016
$5,974
$76,500 + $515,100
$591,600
2015
$5,974 (−3.1%)
$73,600 + $495,400
$569,000
2014
$6,163
$93,500 + $529,100
$622,600
2013
$6,164 (+17.6%)
$93,500 + $529,100
$622,600
2012
$5,240
$93,500 + $529,100
$622,600
Public record
Public record
Zoning
Beds
4
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
2,989
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,989
Year built
2006
Style
Condo/Co-op
County
Virginia Beach
APN
24327356570417
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
B4
Business District
The purpose of the B-4 Mixed Use District is to provide for retail and commercial service facilities and residential uses, including high-quality workforce housing in appropriate areas within the district, including Strategic Growth Areas, in those areas of the city where a mixture of such uses is desirable and recommended by the policies of the Comprehensive Plan.Â
Estimated 80%+ 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 103° expected this year, 18 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Virginia Beach, VA • 23456
Average low and high temperatures (°F)
47
31
51
34
66
45
74
54
78
60
87
69
89
74
81
69
78
66
71
55
64
47
52
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Virginia Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3700 Sandpiper Rd #417
$908,795
$36K under list price of $945K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $481K to $905K.