Welcome to 1220 Olive Road, a beautifully maintained home on nearly half an acre in the desirable Kempsville area of Virginia Beach. Offering approximately 2,000 square feet, this 3-bedroom, 2-bath residence combines classic charm with the space and flexibility today’s buyers are looking for. Inside, you'll find bright, inviting living areas, spacious bedrooms, and a functional layout ideal for both everyday living and entertaining. The expansive lot provides endless possibilities for a garden, workshop, play area, outdoor retreat, or future expansion. Enjoy the rare combination of privacy and convenience, with easy access to shopping, dining, schools, parks, and major commuter routes. Located in the established Acredale Estates/Kempsville community, this property offers the character of a mature neighborhood and the increasingly hard-to-find benefit of a generous lot size.
Sold
Street View
$475,000
1220 Olive Rd, Virginia Beach, VA 23464
3beds
2,000sqft
Single Family Residence
Built in 1950
-- sqft lot
$475,300 Zestimate®
$238/sqft
$2,627 Estimated rent
Home value
$475,300
$452,000 - $499,000
$2,627/mo
Zestimate® history
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List your homeWhat's special
Nearly half an acreGenerous lot sizeExpansive lotSpacious bedrooms
Zillow last checked:
Listing updated:
Listed by:
Jessica Lewis,
Iron Valley Real Estate HR 757-645-9700
Bought with:
Trudy Hoff
RE/MAX Alliance
Source: REIN Inc.,MLS#: 10638087
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: PBR with Bath, Spare Room, Utility Room
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Electric Range, Electric Water Heater
- Laundry: Dryer Hookup, Washer Hookup
Features
- Pantry
- Flooring: Laminate/LVP, Wood
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Att 1 Car, Off Street, Driveway, On Street
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Deck, Porch, Screened Porch
- Pool features: None
- Fencing: Back Yard,Wood,Fenced
- Waterfront features: Not Waterfront
Details
- Parcel number: 14655923850000
- Zoning: R15
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Acredale Estates
HOA
- Has HOA: No
Location
- Region: Virginia Beach
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $415,200
- Annual tax amount: $3,222
- Date on market: 6/5/2026
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,027 +2.5% | $415,200 +4.6% |
| 2024 | $3,928 -0.7% | $396,800 -0.7% |
| 2023 | $3,957 +9.3% | $399,700 +9.3% |
| 2022 | $3,620 +25.7% | $365,700 +25.7% |
| 2021 | $2,881 -5.8% | $291,000 +5.4% |
| 2020 | $3,059 +10.8% | $276,200 +0.3% |
| 2019 | $2,762 | $275,500 |
| 2018 | $2,762 -0.3% | $275,500 -0.3% |
| 2017 | $2,770 +4.7% | $276,300 +3.4% |
| 2016 | $2,646 +28% | $267,300 +28% |
| 2015 | $2,068 | $208,900 +2% |
| 2014 | $2,068 | $204,900 -0.1% |
| 2013 | -- | $205,200 |
| 2012 | -- | $205,200 -14.7% |
| 2011 | -- | $240,700 +12.1% |
| 2010 | -- | $214,800 -8.1% |
| 2007 | -- | $233,740 +34.2% |
| 2006 | -- | $174,132 +2% |
| 2005 | -- | $170,716 +15.6% |
| 2004 | -- | $147,716 +13.9% |
| 2003 | -- | $129,716 +4.8% |
| 2002 | -- | $123,716 +10.4% |
| 2001 | -- | $112,052 |
Find assessor info on the county website
Neighborhood: Acredale
Nearby homes
- $428,7003 bd2 ba1.7k sqft1216 Olive Rd, Virginia Beach, VA 23464Off Market
- $504,5004 bd3 ba2.7k sqft1300 Olive Rd, Virginia Beach, VA 23464Off Market
- $2,6953 bd3 ba1.6k sqft1221 Burlington Rd, Virginia Beach, VA 23464For Rent
- $422,7003 bd2 ba1.5k sqft1212 Olive Rd, Virginia Beach, VA 23464Off Market
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- $408,0004 bd2 ba1.2k sqft1301 Burlington Rd, Virginia Beach, VA 23464Off Market
- $409,2004 bd2 ba1.4k sqft1304 Olive Rd, Virginia Beach, VA 23464Off Market
- $363,2004 bd1 ba1.5k sqft1221 Olive Rd, Virginia Beach, VA 23464Off Market
Nearby schools
GreatSchools rating
- 7/10Kempsville Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 7/10Kempsville Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Kempsville High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Kempsville Elementary
- Middle: Kempsville Middle
- High: Kempsville
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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