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    118 Matthews Rd Saxis, VA 23427

    For Sale
    $89,000

    Land - SAXIS, VA

    Lot size:
    0.56 Acres
    Days on Market:
    130
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 118 Matthews Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.56 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Harbour Realty (757) 787-1305 [email protected]

    Listing agent ANITA L. MERRITT (757) 787-1305

    Listing date Jul 30, 2025

    MLS# 64883 Listing URL

    Copyright © 2025 Eastern Shore Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot Near Chesapeake Bay

    This 0.56-acre waterfront lot offers an opportunity for development with access to the Chesapeake Bay. A septic system is already installed on the buildable lot. The property is located just before the town of Saxis Island, Virginia, and provides views in every direction. Chincoteague Island is a short drive away.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Saxis
    County
    Accomack
    State
    Virginia
    Longitude
    -75.7239
    Latitude
    37.9266

    FAQs

    What type of property is this?
    Land - Waterfront lot with septic system near Chesapeake Bay.
    Where is this land located?
    The property is located at 118 Matthews Rd Saxis, VA.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: - Waterfront lot with access to the Chesapeake Bay.; - Buildable lot with Septic installed.; - Great views from every direction.
    (757) 787-1305
    Request Owner's contact information
    118 Matthews Rd Saxis, VA 23427
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    Saxis, VA 23427
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Matthews Rd Saxis, VA 23427
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