488 Falling Ln, Virginia Beach, VA 23454
OFF MARKET

$263,900

Trulia Estimate
  • 2 Beds
  • 3 Baths
  • 1,280 sqft

488 Falling Ln, Virginia Beach, VA 23454

Great Neck
Est. Refi. Payment $1,660/mo*
Refinance Your Home
Currently Off Market - Sold Jan 24, 1991 for $50,000

Home Value

Trulia Estimate
$264K
Since last month
Decreased$2K (-0.8%)
Since last year
Increased$9K (+3.5%)
Since last sale
Increased$211K (+422%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +53% in the last 10 years
MonthEstimated value
2026
September 2026$261K
August 2026$263K
July 2026$264K
June 2026$266K
May 2026$268K
April 2026$263K
March 2026$262K
February 2026$256K
January 2026$250K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2423 Rennie Dr, Virginia Beach, VA
0.09
Townhouse
$310,000
08/05/26
2
2.5
1,350
2469 Reagan Ave, Virginia Beach, VA
0.10
Townhouse
$285,000
08/14/26
2
2.5
1,500
466 Wayman Ln, Virginia Beach, VA
0.05
Townhouse
$325,000
06/01/26
3
2.5
1,416
2501 Reagan Ave, Virginia Beach, VA
0.04
Townhouse
$282,000
08/25/26
3
2.5
1,280
420 Chinaberry Ct, Virginia Beach, VA
0.19
Townhouse
$12,500
08/17/26
3
3
1,216
438 Falling Ln, Virginia Beach, VA
0.10
Townhouse
$263,900
05/01/26
2
2
1,130
410 Big Leaf Cir, Virginia Beach, VA
0.21
Townhouse
$239,000
11/24/25
3
2.5
1,216
426 Longleaf Rd, Virginia Beach, VA
0.15
Townhouse
$322,000
06/03/26
3
2.5
1,100
403 Benlea Cir, Virginia Beach, VA
0.17
Townhouse
$296,000
08/28/26
2
2
1,021
2403 Lake Havasu Ct, Virginia Beach, VA
0.17
Townhouse
$225,000
04/14/26
3
2
1,356

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2505 Reagan Ave, Virginia Beach, VA 23454
0.03
$255,000
2
2
1,225
Recently Sold
2501 Reagan Ave, Virginia Beach, VA 23454
0.04
$282,000
3
2.5
1,280
Recently Sold
2502 Reagan Ave, Virginia Beach, VA 23454
0.06
$406,700
3
2
1,584
Off Market
465 Wayman Ln, Virginia Beach, VA 23454
0.02
$275,000
2
2.5
1,338
Recently Sold
2531 Reagan Ave, Virginia Beach, VA 23454
0.05
$322,000
3
2.5
1,242
For Sale
316 Falling Ln, Virginia Beach, VA 23454
0.05
$274,900
2
2
1,021
Recently Sold
413 Longleaf Rd, Virginia Beach, VA 23454
0.12
$290,000
3
2.5
1,216
Recently Sold
417 Rennie Ct, Virginia Beach, VA 23454
0.07
$340,000
3
2.5
1,640
Recently Sold
462 Falling Ln, Virginia Beach, VA 23454
0.05
$280,000
2
2
1,225
Recently Sold
417 Falling Ln, Virginia Beach, VA 23454
0.07
$280,000
2
1.5
1,178
Recently Sold
2469 Reagan Ave, Virginia Beach, VA 23454
0.10
$285,000
2
2.5
1,500
Recently Sold
456 Falling Ln, Virginia Beach, VA 23454
0.07
$282,000
2
1.5
1,178
Recently Sold

Local Information

  • Map ViewExplore the area around 488 Falling Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 1984
1,280 sqft
$206/sqft

About this House

This townhouse is located at 488 Falling Ln, Virginia Beach, VA. 488 Falling Ln is in the Great Neck neighborhood in Virginia Beach, VA and in ZIP code 23454. This property has 2 bedrooms, 3 bathrooms and approximately 1,280 sqft of floor space. This property has a lot size of 2005 sqft and was built in 1984.
488 Falling Ln, Virginia Beach, VA 23454 is a 2 bedroom, 3 bathroom, 1,280 sqft townhouse in Great Neck, built in 1984. It last sold for $50,000 on Jan 24, 1991. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $263,900, with a rent estimate of $1,913/month.

Home Details for 488 Falling Ln

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet
Interior Details
Number of Rooms: 5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Other

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: Townhouse

Community

Units in Building: 1

Lot Information

Lot Area: 2005 sqft

Price and Tax history

DateEventPrice
Jan 24, 1991
Source: N/A
Sold
$50,000

Market trends in Great Neck

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$441K
$53.47KMoM
Sale-to-List Price
100.0%
Price per sq ft
$259
$9MoM
Available listings
83
7MoM

Around this home

Neighborhood Overview

Great Neck
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Great Neck

At least 208 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 88 % Say car is needed

  • 78 % Say kids play outside

  • 78 % Say parking is easy

  • 75 % Say there are sidewalks

  • 74 % Say it's walkable to grocery stores

  • 73 % Say there's holiday spirit

  • 68 % Say it's quiet

  • 67 % Say people would walk alone at night

  • 67 % Say yards are well-kept

  • 66 % Say streets are well-lit

  • 61 % Say it's walkable to restaurants

  • 56 % Say neighbors are friendly

  • 46 % Say they plan to stay for at least 5 years

  • 45 % Say there's wildlife

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • DaNeil Adams
    "Dog friendly neighborhood, lots of walking areas and amenities near-by. "
    1
    Flag
  • Trulia User
    "We love this neighborhood and feel very safe. It is nice and peaceful without any through traffic. "
    2
    Flag
  • Carey R.
    "Lived here better part of 18 years - my son went to HS here. We feel safe here. It’s only 10 minutes to the beach or bay. "
    26
    Flag
  • Elizabethstrks
    "It’s an all around great area to raise a family everything is within minutes away. Nice restaurants around the people are kind. "
    9
    Flag
  • Eermlich
    "This is such an incredible area to grow up and the perfect place to raise a family. The schools are fantastic, the entire community is wonderful and it’s just amazing."
    2
    Flag
  • lei
    "the dog owners living in this neighborhood would probably like a plastic bagging station to clean up after their dogs."
    2
    Flag
  • Janine A. S.
    "Easter parade, celebrating 4th of july, movie night, school games , potlucks, school craft fairs, live music"
    2
    Flag
  • Hortonsdaddy
    "Neighborhood puts on a good Christmas light display, a marathon style run/walk event and an easter parade every year. Halloween is a big event in laurel cove as well. "
    2
    Flag
  • Hunterwilliams0101
    "They are very accepting of dogs and have a very good park for all of the dogs. just pick up after them and they will love you."
    0
    Flag
  • Hortonsdaddy
    "The great neck area is the best area in the city of VB area to live. Its safe and clean and great neighbors."
    3
    Flag
  • Lavoiemary
    "it's pretty easy except for all of the school zones. Rush Hour on Shore Drive getting on to Great Neck is pretty congested. Also Great Neck to Virginia Beach Boulevard, and First Colonial."
    0
    Flag
  • Emily M.
    "I just moved here a few months ago and love the area. there's so much to do close by, but still secluded enough I feel perfectly at home. "
    0
    Flag
  • Eunice T.
    "We have many events at our 2 parks in the neighborhood. It is a close community with many nice people."
    0
    Flag
  • Cardo
    "Very quiet and calm neighborhood. The neighborhood is dog friendly and is a great neighborhood to raise a family. "
    5
    Flag
  • Eunice T.
    "The neighbors are very friendly and almost everyone has a dog. There are 2 parks to walk your dog in. There are side walks on each street."
    0
    Flag
  • Erin L.
    "I’ve lived in GN for 30 years and it is seriously the best area hands down with wonderful schools. "
    2
    Flag
  • Paula R.
    "Every Halloween the community puts on a large parade In the neighborhood with pizza and candy for the kids of the neighborhood and also others who do not live in it."
    0
    Flag
  • Paula R.
    "There is a doggie day care, dog walkers and a lot of kids in school looking to make extra money walking dogs"
    1
    Flag
  • Alison A.
    "Lots of families with dogs. Many houses have fenced, large yards. There are also a number of parks and sidewalks"
    0
    Flag
  • Lavoiemary
    "my commute is okay, there are a lot of schools around here. they are top-rated schools but they are very close together and during the school year you have to leave early to get to work."
    0
    Flag
  • Michellesmithohst
    "This is a highly desirable neighborhood located near schools and shopping. Great area and very safe! I "
    0
    Flag
  • Matpierson
    "The drivers are horrible in this area. I have almost gotten hit multiple times in my truck because people either don’t pay attention and stop or yield signs. To much traffic in the great neck area as well, first colonial and great neck road will back up a good amount "
    0
    Flag
  • Beautifult41
    "beautiful area alot of sight seeing malls schools all the stores and the beach area on the bus main line"
    3
    Flag
  • Sean U.
    "I've lived in the neighborhood for 10 years great area great schools quiet and awesome places to explore near by I highly recommend this area"
    0
    Flag
  • Karl D.
    "Lived here for 3 years. Surrounded by affluent neighborhoods, rent can be a little pricey, but it’s safe and quiet. Lots of shopping and restaurants nearby. Close to the oceanfront. "
    0
    Flag
  • Sean U.
    "I grew up I the great neck area great place to live and raise a family yards are kept up neighbors are friendly and have the sence of community . Halloween seems to be the big gathering in my neighborhood "
    2
    Flag
  • Margaritah
    "Excellent access to great public schools. Safe neighborhood, kids play in the street. Love our neighbors"
    1
    Flag
  • Milena M.
    "Great school district! Lots of regularly scheduled family friendly activities and event in this area. "
    1
    Flag
  • Mellowshmellow
    "There are many close routes to the interstate, major roads, and to the beach/oceanfront. Very accessable location, although the traffic from 3:30-5:00pm can be rough. Being so close to many major traffic routes can also be a downside. "
    2
    Flag
  • Milena M.
    "Public transportation is not reliable & isn’t time efficient at all. Traffic is bad during peak commute times."
    0
    Flag
  • Jacobemahoney
    "Great neck is a great neighborhood with many established families and older adults. It’s always nice and quiet, the pools are never busy, and neighbors are friendly- but not nosy. "
    15
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 488 Falling Ln

  • What is 488 Falling Ln estimated to be worth?
    Trulia's estimated value for 488 Falling Ln in Virginia Beach, VA is $263,900.
  • What is the price history for 488 Falling Ln?
    488 Falling Ln in Virginia Beach, VA last sold for $50,000 in January 1991.
  • Is Virginia Beach a buyer's or seller's market?
    Virginia Beach is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Virginia Beach?
    The median sale price in Virginia Beach is $441K. That is up $53.47K from the prior month.
  • Does 488 Falling Ln have air conditioning?
    Yes, 488 Falling Ln in Virginia Beach, VA has air conditioning.

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