New Homes For Sale in Virginia Beach, VA - $1,000,000+ - Updated Every 15 mins.

Looking to live in a fun and friendly coastal community somewhere on the Atlantic Coast? This page shows in real time the most up-to-date new homes for sale in Virginia Beach, VA - $1,000,000+!

ABOUT VIRGINIA BEACH

A thriving community with a population of 450,000+ and 100 constituent neighborhoods, Virginia Beach is the most populous city in the State of Virginia. Nestled between the Atlantic to the East and the cities of Portsmouth and Chesapeake to the West, a good portion of its revenue comes from tourist attention drawn to its unique nautical features and waterfront attractions.

Fun Fact #1: Did you know Virginia Beach is closer to North Carolina cities than to other cities in Virginia?

For one, it is home to the famous Virginia Beach Boardwalk, originally built some 120 years ago, which has been dubbed as the 5th Best Boardwalk in the country. Living here also gives you easy access to the First Landing State Park, a popular recreational destination for couples and families featuring a public beach, 19 miles of trails for bikers and hikers, and even cabins and camping areas for those who want to enjoy the experience more thoroughly. Speaking of natural delights, those looking to partake of the local fare have easy access to local delicacies and seasonal specialties found at the Virginia Beach Farmers Market.

Fun Fact #2: Going by the stats alone, the crime rate in Virginia Beach is slightly higher than the national average, but taking its population size into consideration actually gives it one of the lowest crime rates in the nation.

The price of Virginia Beach homes typically range from $55,000 for smaller apartments up to $1.1M for high-end properties in upscale neighborhoods. Consequently, the median value of homes is $300,114. Single-family detached homes are by far the most common type of housing in the area, most of which are 3- to 4-bedroom houses. Condos and other multifamily homes meanwhile make up a sound 18.5% of all housing units, the options for which can range from luxury units near the oceanfront to more modest choices like 1-bedroom turnkeys near or within the city proper.

Fun Fact #3: The stately King Neptune Statue displayed on the Boardwalk was actually cast in bronze in China.

By all accounts, the state of Virginia is very landlord-friendly (no interests on deposits!) and investor-friendly (no state property tax). Virginia Beach’s effective property tax rate is 99 cents per $100 of value assessed, making it ideal for investors looking to buy up property to lease. Renters make up almost 40% of the housing population, while the average market rent currently sits at $1,911 per month – putting it above the national average and making the city an ideal investment opportunity. Virginia Beach is also no stranger to our troops. The city houses three and a half military bases (you read that right!), one of which is the famous Joint Expeditionary Base. Besides the military, healthcare and retail are the most prominent industries in Virginia Beach, collectively making up 25% of all employment opportunities there. The city is also a popular hub for young, college-educated and single professionals.

Homes For Sale In Virginia Beach, VA - $1,000,000

best realtor in virginia beach, va

Barry Jenkins – Better Homes & Gardens Real Estate is Virginia Beach’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 new homes for sale in Virginia Beach, VA - $1,000,000+, call (757) 238-6058 or send us an email at barry@yourfriendlyagent.net.