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Colonial Place

Colonial Place

Neighborhood in Norfolk, Virginia

Norfolk City County 23504, 23508

$403,076 Average Value
$211 Average Price per Sq Ft
8 Homes For Sale

Quiet waterfront homes north of the Virginia Zoo

Away from the hustle and bustle of the Old Dominion University campus is Colonial Place, which includes the historic Riverview subdivision. Large waterfront homes with private docks are situated along the Lafayette River, and the Virginia Zoo is just 1 mile southeast of the neighborhood. The area also falls within the Norfolk Public Schools district, with Larchmont and Monroe elementary schools less than 2 miles away. Granby Street is the place to go for a bite to eat, and Mayflower Road takes drivers and bikers around town along the water’s edge.

Families frequently explore the Virginia Zoological Park in Colonial Place.
Families frequently explore the Virginia Zoological Park in Colonial Place.
Residents enjoy waterfront homes with large front and backyards in Colonial Place.
Residents enjoy waterfront homes with large front and backyards in Colonial Place.
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Grand old homes on Lafayette River

Colonial and Victorian homes line the quiet streets of this riverside neighborhood, where large waterfront homes with private docks sit along the banks of the Lafayette River. “Colonial Place has a lot of established families who have lived there a long time,” says Craig Boyer, an investors agent who has been working with property investors in the Norfolk area for 14 years. “This is an area where you’ll see people walking their dogs and being friendly to their neighbors.” Single-story Craftsman homes and two-story colonials often can be priced between $400,000 and $600,000, while riverfront homes on Mayflower Road and Holly Avenue are valued between $450,000 and $800,000.

Waterfront Homes have boats ready to dock near the backyard in Colonial Place & River View.
Waterfront Homes have boats ready to dock near the backyard in Colonial Place & River View.
Homes on waterfront
Homes on waterfront
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Highly rated Norfolk City Public Schools

Students living in Colonial Place and Riverview can attend Ghent Elementary School, rated a B-minus on Niche, which is a public kindergarten through eighth-grade school that emphasizes a heavy focus on reading and writing. Ghent Elementary is just down the road from Maury High School, which earns a B-plus on Niche and offers a Medical and Health Specialties program in partnership with Eastern Virginia Medical School.

Ghent Elementary School is the home of the Suns and Rockets.
Ghent Elementary School is the home of the Suns and Rockets.
Maury High School in Colonial Place continues to excel in academics and athletics.
Maury High School in Colonial Place continues to excel in academics and athletics.
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A day at the Virginia Zoo

Residents enjoy visiting the Colonial Place Dog Park, a fully fenced green area in the Colonial Place Greenway. The Greenway is a park that also has a small playground, paved sidewalks and bike paths. Lafayette Park on Granby Street has a rugby pitch, disc golf course, tennis and basketball courts. It is also directly across Live Oak Avenue from the Virginia Zoo, with hundreds of animal species and a few themed gardens to explore.

Lafayette Park close to Colonial Place combines natural beauty and recreational amenities.
Lafayette Park close to Colonial Place combines natural beauty and recreational amenities.
Friendly dogs greet you at the Colonial Place Greenway Dog Park in Colonial Place.
Friendly dogs greet you at the Colonial Place Greenway Dog Park in Colonial Place.
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Spend an afternoon on Granby Street

Over a dozen shops line Granby Street, such as MJ’s Tavern, a community-inclusive bar that serves from-scratch American comfort food and hosts karaoke nights. LeGrand Kitchen is a cozy neighborhood staple on the north side of town, and Pittie Dog Grill, which donates to local animal rescues, serves hot dogs, burgers, and fries. Locally owned Mary Barnett Gifts and Decorative Accessories is a home décor and gift shop that also helps with lighting repairs and restorations. The nearest Aldi and Food Lion are about 2 miles south of town, and the nearest Walmart is just off Ingleside Road, about 4 miles away.

MJ's Tavern in Colonial Place offers a delicious dinner and some lively conversation.
MJ's Tavern in Colonial Place offers a delicious dinner and some lively conversation.
Residents chow down on a delicious hot dog at Pittie Dog Grill in Colonial Place.
Residents chow down on a delicious hot dog at Pittie Dog Grill in Colonial Place.
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Colonial Place residents enjoy ODU events

Residents in Colonial Place and Riverview can attend sporting events, dance recitals and theater performances at the Old Dominion University campus. S.B. Ballard Stadium hosts ODU home football games, and the Goode Theatre is a great spot for attending musicals or plays. The Chartway Arena holds ODU basketball games, concerts, comedy shows, and graduations.

Cheer loudly as the Monarchs take the field in fun football games at ODU near Colonial Place.
Cheer loudly as the Monarchs take the field in fun football games at ODU near Colonial Place.
Enjoy captivating performances at Goode Theater at ODU near Colonial Place.
Enjoy captivating performances at Goode Theater at ODU near Colonial Place.
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Convenient amenities on Colley Avenue and Granby Street

There are bus stops along Granby Street and Newport Avenue, but biking or walking around this small quiet neighborhood is easy. Most residents access everyday shopping destinations like Walgreens via Colley Avenue by car, and Norfolk International Airport is only about 6 miles east.

Commuters gather at the bustling bus stop in Colonial Place.
Commuters gather at the bustling bus stop in Colonial Place.
Walgreens in Colonial Place provides convenient access to essential healthcare and products.
Walgreens in Colonial Place provides convenient access to essential healthcare and products.
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Established colonials come with a price

Houses in Colonial Place and Riverview are more established, meaning they have long histories in the Norfolk area. As a result, these houses are grander and older and are going to cost more than in nearby neighborhoods, especially homes on the waterfront. There are also few renting options here, so students attending ODU may choose to live closer to Highland Park.

Colonial Place is beautifully surrounded by water for boating and fishing.
Colonial Place is beautifully surrounded by water for boating and fishing.
Colonial Place showcases a collection of beautifully restored Traditional style homes.
Colonial Place showcases a collection of beautifully restored Traditional style homes.
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Shelby Sullivan
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Shelby Sullivan
Emily McNamara
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Emily McNamara

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Evelyn Thomas, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Norfolk International

15 min drive

Bus

Newport & Connecticut

Bus

Newport & Pennsylvania

Bus

Granby & Connecticut

Bus

Granby & Delaware

Bus

Newport & Rhode Island

Bus

Newport & Georgia

Bus

Newport & Virginia

Crime and Safety

1 - Low Crime, 10 - High Crime Colonial Place US
Homicide 4 4
Sexual Assault 3 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$365,400
Median Single Family Price
$372,600
Median Townhouse Price
$474,900
Median 2 Bedroom Price
$193,950
Average Price Per Sq Ft
$211
Number of Homes for Sale
8
Last 12 months Home Sales
79
Months of Supply
1.20
Median List Price
$372,600
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-3%

Home Facts

Number of Homes in Neighborhood
1,266
Median Year Built
1923
Avg. Single Family Home Size Sq Ft
2,003
On par with the national average
1,935
Average Townhouse Size Sq Ft
2,321
Average 2 Bedroom Size Sq Ft
1,077
Median Lot Size Sq Ft
5,662

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Evelyn Thomas, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,081
Median Age
38
Population Density
13 ppl/acre
Population under 18
19.1%
On par with the national average
23.8%
Population over 65
18%
On par with the national average
19.1%

Finances

Median Household Income
$81,496
Above the national average
$71,702
Average Household Income
$102,070

Education and Workforce

High School Graduates
95.2%
College Graduates
59.7%
Significantly above the national average
34.1%
Advanced Degrees
28.2%
Above the national average
13.3%
% Population in Labor Force
69.9%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
34°F
Average Summer High Temperature
88°F
Annual Snowfall
7''

Area Factors

Bikeable

Bike Score®

68 / 100

Somewhat Walkable

Walk Score®

68 / 100

Some Transit

Transit Score®

41 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Colonial Place