Alanton

Virginia Beach, VA

Neighborhood Market Analysis

Q3 2025 Report
$750,000[3]
Median Home Price
45 (car-dependent, but bike-friendly and walkable within the neighborhood)
Walkability Score
Highly rated public schools; Alanton Elementary and First Colonial High consistently score above state averages.
School Rating

Location Overview

Neighborhood Boundaries

Located in the Great Neck Corridor, bordered by Linkhorn Bay and Broad Bay, with proximity to Chesapeake Bay and First Landing State Park.

Zip Codes

23454

Market Data Summary

Price Range$600,000 to $2,500,000 (waterfront estates at the upper end)[3]
Price per Sq Ft$320–$420 (varies by proximity to water and home updates)
Inventory LevelsTight; 1–2 months of supply, especially limited for waterfront properties.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomes (limited)

Architectural Styles

ColonialBungalowContemporaryModernRanch

Property Details

Typical Lot Sizes0.3–1.5 acres; larger lots for waterfront properties[1][3][5]
Home Age Range1950s–2020s; many homes renovated or expanded[1][3]
Construction QualityHigh; many custom builds and well-maintained properties, especially along the water.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly affluent, professional families and retirees; median household income well above city average.

Community Vibe

Tranquil, established, pride of ownership, active neighborhood association, strong sense of community[1][5].

Typical Residents

  • Families
  • Retirees
  • Professionals
  • Boating enthusiasts

Family Friendly

Very; quiet streets, cul-de-sacs, and proximity to top schools and parks[1][3][5].

Amenities & Lifestyle

Parks & Recreation

  • First Landing State Park
  • Neighborhood playgrounds
  • Private boat ramp
  • Access to Linkhorn and Broad Bay for boating/fishing[3]

Dining Options

  • Nearby Great Neck restaurants
  • Bayfront seafood spots

Shopping Centers

  • Hilltop Shopping Center
  • Great Neck Shopping Center

Local Businesses

  • Alanton Baycliff Recreation Center
  • Local marinas
  • Boutique fitness studios

Education & Schools

Highly rated public schools; Alanton Elementary and First Colonial High consistently score above state averages.
Overall School Rating

Elementary Schools

  • Alanton Elementary

Middle Schools

  • Lynnhaven Middle

High Schools

  • First Colonial High

Private Schools

  • Cape Henry Collegiate
  • Norfolk Academy (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Limited bus service on Great Neck Road

Major Roads

  • Great Neck Road
  • Shore Drive

Commute & Walkability

Commute Times15–20 minutes to Town Center; 10–15 minutes to Oceanfront; 25–30 minutes to Downtown Norfolk.
WalkabilityLow outside the neighborhood; moderate within due to cul-de-sacs and low traffic.
ParkingExcellent; most homes have large driveways and garages.

Marketing Intelligence

Target Buyer Types

  • Affluent families
  • Executives
  • Retirees
  • Boating and water sports enthusiasts

Key Selling Points

  • Waterfront access
  • Top-rated schools
  • Large lots and privacy
  • Established, safe community

Pricing Considerations

Premium for waterfront and renovated homes; price competitively for older, unrenovated properties.

Common Objections & Response Strategies

Objection: Flood risk and insurance costs for waterfront homes

Response Strategy:

Provide recent flood zone maps, highlight mitigation measures, and offer insurance quotes.

Objection: Older homes may need updates

Response Strategy:

Showcase recent renovations in the neighborhood and provide cost estimates for common upgrades.

Objection: Limited walkability to shops/restaurants

Response Strategy:

Emphasize short drive times to Hilltop and Great Neck centers, and the quiet, private setting.

Investment Insights

Investment Potential

Appreciation Potential

Strong, especially for updated and waterfront homes; historical appreciation above city average.

Rental Demand

Moderate; mostly owner-occupied, but high demand for executive rentals and summer waterfront leases.

Buyer Competition

High for move-in ready and waterfront homes; multiple offers common.

Best For

  • Families seeking top schools
  • Retirees
  • Boating enthusiasts
  • Luxury buyers

Potential Concerns

  • Flood insurance costs for waterfront properties
  • Limited walkability to retail
  • Older homes may need updates

Professional Recommendations

1

Leverage drone and waterfront photography for listings.

2

Network with local boating and country clubs for buyer leads.

3

Educate buyers on flood insurance and mitigation.

4

Stage homes to highlight outdoor and water-oriented living.

5

Price aggressively for unrenovated homes to attract value-add buyers.

Competitive Analysis

Comparable Markets

  • Bay Colony
  • Linkhorn Estates
  • Great Neck Meadows

Market Positioning

Luxury, family-friendly, water-oriented neighborhood with top schools.

Competitive Advantages

  • Direct water access
  • Larger lots
  • Stronger community association

Price Comparison

Priced above city average and most non-waterfront neighborhoods, but competitive with other luxury waterfront areas.

Investment Metrics

2.5%–3.5% (owner-occupied focus, higher for executive rentals)
Cap Rates
3%–4% for long-term rentals; 5%–6% for seasonal waterfront leases
Rental Yields
22–28 (reflects premium ownership market)
Price-to-Rent
Limited for traditional rentals; strong for luxury short-term or executive rentals.
Cash Flow
5%–7% annual appreciation expected for next 2 years, especially for renovated homes.
Appreciation

Buyer Journey Insights

First-Time Buyers

Rare, due to high entry price; those who buy are typically dual-income professionals or move-up buyers.

Move-Up Buyers

Common; attracted by schools, lot size, and water access.

Downsizers

Some interest from retirees seeking single-level living or waterfront lifestyle.

Investors

Focus on executive and seasonal rentals; limited inventory for flips.

Relocators

Attracted by schools, safety, and lifestyle amenities.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

Related Market Intelligence

Explore connected markets and opportunities