Great Neck Real Estate
Nestled between the Lynnhaven River and the Broad Bay, Great Neck stands as one of the most coveted residential corridors in Virginia Beach. Lush, mature landscapes and winding waterways offer a unique blend of suburban tranquility and high-end coastal living.
From established family estates in Baycliff, to waterfront masterpieces in Alanton, to modern condos near the Shore Drive corridor, Great Neck provides unparalleled access to the best of the 757. It's a central location for medical professionals working at nearby Sentara Virginia Beach General, military families stationed at NAS Oceana or Little Creek-Fort Story, and commuters seeking easy access to the I-264 interchange.
Looking to buy or sell in Great Neck? We specialize in Virginia Beach neighborhoods and can help you navigate the local market with expert precision.
Homes for Sale in Great Neck
The Great Neck real estate market is diverse, ranging from mid-century ranch-style homes to expansive multi-million dollar waterfront estates.
In 2026, updated townhomes start in the mid-$400s, while detached single-family homes range from $650,000 to well over $2M for deep-water access properties.
Great Neck Real Estate Market Trends
The Great Neck market is remarkably resilient. As of early 2026, we are seeing the following trends:
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Median Home Price: Approximately $745,000
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Average Days on Market: 14–21 days for well-priced, turn-key properties
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Inventory Levels: Historically low; high-demand neighborhoods often see multiple offer scenarios
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Market Type: Slight seller’s market. While interest rates have stabilized, the desirability of the Cox High School district keeps competition high
Moving to Great Neck offers a private retreat just 10 minutes from the beach. Residents enjoy hiking and biking in nearby First Landing State Park as well as the high-end shopping and dining at Hilltop Shopping Center.
The "Great Neck vibe" is active and social. This "small town feel" neighborhood offers endless water activities, delectable restaurants like Coastal Grill, and great community.
Living in
Great Neck
Great Neck
Schools
Public education in Great Neck is a significant driver for property values. The area is primarily served by the following highly-regarded institutions:
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Elementary School: John B. Dey Elementary, Alanton Elementary, and Trantwood Elementary
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Middle School: Great Neck Middle School
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High School: Frank W. Cox High School
Note: School boundaries can change; please verify specific addresses with the Virginia Beach City Public Schools (VBCPS) locator.
Why Buy a Home in Great Neck?
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Established Neighborhoods: Large lots with mature trees and privacy.
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Waterfront Options: Direct access to the Chesapeake Bay via the Lynnhaven River.
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Strong Resale Value: One of the most stable appreciating areas in Hampton Roads.
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Community Feel: Active civic leagues and family-friendly atmosphere.
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Location: Perfectly positioned between the Virginia Beach Oceanfront and Town Center.
Why Sell a Home in Great Neck?
Great Neck is a "destination" neighborhood—buyers are often waiting in the wings for Great Neck homes to hit the market. If you are considering selling, your home is likely sitting on significant equity.
At CGP Real Estate, we use data-driven pricing and professional lifestyle marketing to ensure your property stands out to the high-intent buyers looking in this ZIP code.
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Work With a Local Great Neck Real Estate Expert
Navigating the Great Neck market requires a local perspective. At CGP Real Estate Consulting, we don't just see houses; we see the nuances of every cul-de-sac and waterfront cove. Whether you are looking for your forever home or planning a strategic sale, we are here to provide the local authority you deserve.
