In the picturesque coastal city of Virginia Beach, VA, amidst the gleaming beaches and serene coastal landscapes, there is one luxury home feature that reigns supreme—water access. With its sprawling shoreline along the Atlantic Ocean and an intricate network of rivers, canals, and lakes, Virginia Beach boasts an abundance of waterfront properties that offer an unparalleled lifestyle of luxury and tranquility. From private docks and boat slips to direct beach access and panoramic water views, the allure of water-centric living has become the epitome of opulence for discerning homeowners in this vibrant coastal community.
In this Redfin article, we delve into the reasons why water access has emerged as the top luxury home feature in Virginia Beach, VA, and explore the various aspects that make it an irresistible choice for those seeking the ultimate in coastal living.
1. Offers immediate opportunities for activity and leisure
Homes in Virginia Beach with direct access to the Atlantic Ocean – commonly found in the Bay Colony, Alanton, and Little Neck Cove neighborhoods – offer a world of opportunities for activity and leisure, seamlessly integrating the joys of waterfront living into your everyday life.
One of the primary advantages of water access is the convenience and ease it provides residents in indulging in waterfront living. Imagine stepping out of your backyard and onto your private dock, ready to set sail on a boating adventure, cast a fishing line, or simply relax while taking in the picturesque views. This direct connection to the water creates a seamless and immersive waterfront lifestyle that is highly desired by luxury homebuyers.
Whether you seek exhilarating water sports, tranquil moments of relaxation, or simply the convenience of having the water at your doorstep, having direct access to the water allows homeowners to embrace the allure of the ocean and make the most of every moment on the beautiful shores of Virginia Beach.
2. Increases property value
Water access adds immense value and appeal to luxury real estate listings in Virginia Beach. Luxury buyers recognize the unique appeal and are willing to invest more, knowing that water access enhances their living experience and provides a solid return on investment.
The demand for luxury waterfront homes in Virginia Beach continues to rise, driven by both local buyers and those seeking a coastal vacation home. As a result, these properties tend to hold their value exceptionally well and offer the potential for long-term appreciation. In fact, waterfront properties tend to appreciate at a higher rate compared to other properties.
3. Privacy and exclusivity
Owning a home with water frontage means having a buffer between your property and the outside world, offering a peaceful and secluded living environment that a fenced property cannot. It’s the perfect retreat for those seeking tranquility away from the hustle and bustle of city life.
4. Opportunity to enjoy all that Virginia Beach has to offer
Virginia Beach is known for its stunning coastal scenery, and homeowners with luxury waterfront properties can fully immerse themselves in this picturesque setting. Whether it’s waking up to breathtaking sunrises or enjoying the calming sound of waves crashing against the shore, owning a waterfront home provides an unmatched ambiance
How to entice luxury homebuyers with additional features
We often see these waterfront homes equipped with additional features, such as a pool and outdoor oasis, that really elevate the listing. These highly popular amenities create a luxurious and resort-like atmosphere that enhances the overall living experience, providing homeowners with a space to relax, entertain guests, and enjoy outdoor activities in the comfort and privacy of their own property.
Furthermore, the impact on the sale price of a Redfin Premier listing with a pool and outdoor oasis can be substantial. Buyers recognize the added value and appeal of having a private pool and a well-designed outdoor space, and they are often willing to invest more in order to enjoy these amenities.
New construction homes are gaining popularity in Virginia Beach, VA
One luxury home feature that is rapidly gaining popularity among potential homebuyers for Redfin Premier listings is the availability of new construction homes. In Virginia Beach, where the supply of new builds is relatively limited, the few new build communities that do exist, such as Kingston Estates and Ashville Park, have become highly sought-after. These communities are experiencing a surge in demand, leading to prices exceeding the $1 million mark.
The scarcity of new build inventory in the city plays a significant role in driving up the prices of these properties. With fewer options available in the market, homebuyers are willing to pay a premium for the exclusivity and modernity that new builds offer.
A final note on luxury homes features in Virginia Beach
The luxury housing market in Virginia Beach, VA offers a wealth of opportunities for both buyers and sellers. If you’re thinking about moving to Virginia Beach and are searching for your dream home, it’s important to be aware of the luxury features that Virginia Beach has to offer, including waterfront properties, expansive outdoor living spaces, and breathtaking views. On the other hand, it’s essential for sellers to leverage these amenities and showcase their homes’ high-end features to capture the attention of potential buyers. Be sure to work with an experienced local real estate professional to help navigate the luxury real estate market successfully.
This post first appeared on Redfin.com. To see the original, click here.