Luxury Homes For Sale In Suffolk, VA ($750,000+) - Updated Every 15 mins.

Looking to make a home somewhere you can have nature and community in abundance? This page shows in real-time the most current luxury homes for sale in Suffolk, VA!

About suffolk, va

Suffolk, VA is the largest city in the State of Virginia with a massive 430 square miles of lakes, hills, and pristine rivers, touching neighboring Chesapeake to the east and the Atlantic to the north. The city has 28 constituent neighborhoods with a population of only roughly 91,000, making it one of the more spacious places to be in in-state, and only the 13th largest community in Virginia despite its size.

Fun Fact #1: Suffolk, VA has been dubbed as the peanut capital of the world, being home to none other than Mr. Peanut of Planters fame and to the Planters Peanut Center.

The city and its neighboring areas are famous for several historic attractions, some dating back as far as before the Civil War. A few minutes away from the city proper, for one, is St. Luke’s Historic Church & Museum, by far one of the oldest structures and the oldest church building in all of Virginia. Also known as Old Brick Church, it is said to have been built some 400 years ago – making it as old as the nation itself – and families can explore and take guided tours within the grounds to learn more about its storied past.

Fun Fact #2: George Washington once attempted to drain the Great Dismal Swamp and turn it into a settlement. The practice was fairly common in the past, and it is from this that the colloquialism “drain the swamp” originates.

Suffolk also has one of the densest wildlife populations in all of Virginia, thanks to the Great Dismal Swamp on the coastal plains to its southeast. This vast historic swamp contains the Great Dismal Swamp National Wildlife Refuge, a conservation area and renowned tourist spot that is home to some 200 species of birds, black bears, and other native flora and fauna. Spanning 112,000 acres of forested wetlands, the refuge gets regular visits from tourists, families, and local trekkers and bikers alike who wish to enjoy the great outdoors. At the heart of the swamp is beautiful Lake Drummond, a circular freshwater lake that spans 3,100+ acres with a maximum depth of only 6 meters.

Suffolk, however, is not only a place for natural enjoyment but also for artistic and historical intrigue. Museums and galleries like Riddick’s Folly House Museum and the Suffolk Center for Cultural Arts are frequented by families and schoolchildren to learn more about Virginia’s storied past and the city’s own rich culture and traditions. Couples out for a fun time in the theaters will find that the Regal Harbour View Grande theater complex offers a luxurious movie-watching experience, complete with plush seating and no shortage of the latest films.

Fun Fact #3: Each year, the city hosts the Annual Suffolk Virginia Peanut Festival, a community-wide celebration filled with various family activities, including motorcycle rallies, amusement rides, and fireworks.

Suffolk homes begin at about $56,000 for small apartment units to $1,117,000 for larger luxury homes. The most common type of housing in the city is single-family detached homes, accounting for 75% of all housing units, the majority of which are owner-occupied, three- to four-bedroom residences. Investors looking to purchase property in Suffolk can expect a relatively low property tax rate of $1.11 per $100 of value assessed (the State of Virginia doesn't impose a state property tax on top of that). For people planning to lease properties, the population of renters in the city may not be as much as other coastal cities in-state (31.2%), but the average market rent rate sits at $1,552 - still above the national average - making that investment opportunity worthwhile.

The local school district oversees 20 schools and 14,284 students, making the average classroom size 15 students per classroom. As far as local jobs go, a healthy ratio of white- and blue-collar jobs are in the mix, the most prominent industries being the military and healthcare. In terms of racial composition, Suffolk is a racially diverse place with a hefty African-American population that sits at 41.1%, as well as thriving Hispanic and Asian communities.

luxury homes for sale in suffolk, va

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Barry Jenkins – Better Homes & Gardens Real Estate is Suffolk’s leading real estate team, and they have been helping buyers and sellers meet and exceed their real estate goals for over a decade. If you’re looking for luxury homes for sale in Suffolk, VA, call (757) 238-6058 or send us an email at barry@yourfriendlyagent.net.