Like New! No expense was spared in renovating this Lyme Regis condo; improvements include new cabinets, granite countertops, vanities, toilets, all faucets, all lighting/ ceiling fans, dishwasher, LVP flooring, carpet, doors, knobs, vent covers, outlets and wall plates and of course fresh paint throughout. Condo due covers insurance, sewer, trash & pool. 1 assigned parking space & several visitor spots located right out front of unit. The pool is very close, just across the parking lot. Ideal for those looking for a low maintenance living situation with the equity benefits of ownership vs renting. Location provides easy access to I-264, 2 miles to Lynnhaven Mall and 5 miles to the oceanfront.
Est. $1,488 per month, based on comparable rentals
Sale and tax history for 516 Rivers Reach
Sale History
Tax History
Date
Event
Price
REINMLS #10633267
Jun 1, 2026
Sold
$195,000
$201/sq ft
May 9, 2026
Listed
$195,000
$201/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,581 (+7.8%)
$64,500 + $105,000
$169,500
2024
$1,467 (+10.0%)
$60,000 + $103,000
$163,000
2023
$1,334 (+15.3%)
$60,000 + $91,200
$151,200
2022
$1,156 (+24.7%)
$53,000 + $81,700
$134,700
2021
$928 (+7.9%)
$47,000 + $69,800
$116,800
2020
$860 (+7.5%)
$35,000 + $58,700
$93,700
2019
$800 (+6.5%)
$30,000 + $54,500
$84,500
2018
$751
$27,000 + $47,900
$74,900
2017
$751 (−0.3%)
$27,000 + $47,900
$74,900
2016
$753
$27,000 + $47,900
$74,900
2015
$753 (+29.6%)
$27,000 + $49,100
$76,100
2014
$581 (−11.4%)
$21,500 + $41,000
$62,500
2013
$656 (−37.0%)
$21,500 + $41,000
$62,500
2012
$1,040
$23,900 + $46,600
$70,500
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
969
Year built
1985
Style
Condo/Co-op
County
Virginia Beach
APN
14962944680990
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
A18
Apartment District
The purpose of the A-18 Apartment Districts is to provide areas for various multiple-family housing types at a variety of densities, in areas where public facilities are adequate to support these densities, and to provide for certain other necessary and related uses within multi-family communities but limited as to maintain compatibility with residential uses.
First Floor Master Bedroom, Sun Room, Utility Closet
Interior Features
Equipment: Cable Hookup, Ceiling Fan
# of Fireplaces: 1
Flooring Type: Carpet, Vinyl
Bar, Fireplace Wood, Walk-In Closet, Window Treatments
Exterior
Exterior Information
Exterior Features: Corner
Exterior Siding: Vinyl
Roof: Asphalt Shingle
Property Information
Property Type: Attached
Style: Lo Rise
Accessibility: Level Flooring, Main Floor Laundry
Condo Level: 1
Foundation Type: Slab
Ownership Type: Condo
# of Stories: 1
Unit Description: 1 Living Level, Corner Unit
Utilities
Utilities Information
Cooling: Heat Pump
Heating: Heat Pump, Wood
Sewer Type: City/County
Water Type: City/County
Water Heater Type: Electric
Location
Room 1 Information
Room Level: 1
Living Room
Room 2 Information
Room Level: 1
Great Room
Room 3 Information
Dining Room
Room 4 Information
Utility Room
Room 5 Information
Kitchen
Room 6 Information
Family Room
Room 7 Information
Master Bedroom
Room 8 Information
Room Level: 1
Bedroom
Room 9 Information
Room Level: 1
Full Bathroom
Room 10 Information
Room Level: 1
Master Bedroom
Multi-Unit Information
Amenities Condo POA: Cable, Ground Maint, Pool, Trash Pickup
Homeowners Association Information
Assoc Legal Name: Lyme Regis Condominium Association Inc
HOA Assoc Legal Name: Lyme Regis Condominium Association Inc
Assoc Mgmt Co: United Property Associates
Has HOA
Fees Condo: 0
Fees POA Monthly: 335
Association Fee Frequency: Monthly
School Information
Elementary School: Lynnhaven Elementary
Middle School: Plaza Middle
High School: Green Run
Location Information
Directions: Lynnhaved Rd exit off 264
View Description: City
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 969
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1985
Year Renovated: —
County: Virginia Beach
APN: 14962944680990
Home facts updated by county records on Sep 16, 2026
Around this home
Schools
Lynnhaven Elementary School
Public PreK-5 • Assigned • 0.7mi
6/10
Plaza Middle School
Public 6-8 • Assigned • 0.3mi
8/10
Green Run High School
Public PreK-12 • Assigned • 2.5mi
5/10
Provided by GreatSchools
Climate risks
4/10 Flood Factor
Estimated 14-22% 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 104° expected this year, 17 days in 30 years
8/10 Wind Factor
98% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Virginia Beach, VA • 23452
Average low and high temperatures (°F)
47
30
50
34
66
45
74
54
77
60
87
69
89
74
81
69
78
66
71
55
64
47
52
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 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.
9.3 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$207,000 – $250,000
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