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It was burned to the waterline on April 20, 1860, by the retreating Union forces when they left the Norfolk shipyard. The Confederates later raised the remains and used them as the base to build an ironclad ship.

The Confederate ironclad was renamed CSS Virginia. After sinking two Union ships, it withdrew from the harbor after its inconclusive battle with the USS Monitor at the Battle of Hampton Roads on March 9, 1862. Its weight and low freeboard meant that the ship could not fight the Union blockade far at sea. After attempting unsuccessfully to engage Monitor and other Union ships, the Virginia was trapped in the harbor when Norfolk was overrun by the Union army two months later. Unable to escape, it was set afire and abandoned by the crew on May 10, 1862, and blew up the following morning.

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