Bay Colony

Bay Colony is an exclusive, affluent community in Virginia Beach, known for its luxury homes and proximity to the beach. As of early 2025, the average home value in Bay Colony is approximately $1,285,650, reflecting a 6.9% year-over-year increase. The median list price in January 2025 was $2,245,000, with a median price per square foot of $610. Homes in this area typically sell after 81 days on the market, a decrease from 123 days the previous month. The neighborhood features a mix of traditional and contemporary homes, many with private pools and lush landscaping. Residents enjoy a tranquil environment with easy access to the beach and local amenities.