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Homes & Real Estate - Candlewood Cove, Virginia Beach, VA

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Candlewood Cove is a tiny, exclusive waterfront enclave along River Road with direct tidal access to the Chesapeake Bay -- only a small handful of homes make up the entire subdivision. All are Contemporary-style waterfront properties built 1977-1984 with private docks and in-ground pools on wooded, private lots over an acre. One property here shows dramatic renovation upside: the same house at 2725 River Road sold for $1,250,000 in 2022, then again for $1,829,000 in 2025 after a full mid-century-modern renovation (roughly $600K in upgrades including new kitchen, primary suite, and smart-home features). Recent sales have ranged from $1,250,000 to $1,829,000. The neighborhood is zoned for John B. Dey Elementary, Great Neck Middle, and Frank W. Cox High School, and has no HOA.