Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5 Marsh Island Dr Chincoteague, VA 23336

    Sponsored
    For Sale
    $150,000

    Land - CHINCOTEAGUE, VA

    Lot size:
    0.13 Acres
    Days on Market:
    61
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 5 Marsh Island Dr

    General Information

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

    Building Details

    Architectural style
    Other

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

    Listing agent SHAWN JENNINGS, ABR, ASP (757) 787-1305

    Listing date Nov 9, 2025

    MLS# 65440 Listing URL

    Copyright © 2026 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 Land on Chincoteague Bay

    Located on Chincoteague Bay, Lot 5 Marsh Island Drive offers an opportunity to own waterfront property. The 0.13-acre lot features views, coastal breezes, and direct access to the water. The property offers views of sunsets. Intended use of the property is not specified. The buyer is responsible for verifying building, septic, and utility availability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chincoteague
    County
    Accomack
    State
    Virginia
    Longitude
    -75.377363
    Latitude
    37.936493

    Nearby Similar for Sale

    • $975,000
      5,608 SF

      Turn-Key Chincoteague Cottages For Sale

      Eight cottages with potential for office, laundry, or retail space.
      4327* Katsetos Ln, Chincoteague, VA 23336
      View Details
    • $750,000
      2,310 SF

      Downtown Retail Space For Sale

      Prime downtown retail space with high ceilings and storage.
      4090 Main St, Chincoteague, VA 23336
      View Details
    • $550,000
      7,200 SF

      Chincoteague Commercial Property with Parking

      Commercial building on Willow Street with large parking lot.
      3649 Willow St, Chincoteague, VA 23336
      View Details
    • Contact for pricing
      Pending

      Commercial Space with Apartment Above

      Commercial space with a three-bedroom apartment in Chincoteague, VA.
      6219 Maddox Blvd, Chincoteague, VA 23336
      View Details
    • $339,000

      Chincoteague Island Duplex with Gazebo

      Charming 2-bedroom duplex with sunroom and outdoor gazebo.
      6135 Martin Ln, Chincoteague, VA 23336
      View Details
    • $175,000

      Chincoteague Specialty Property For Sale

      Specialty property available in Chincoteague, Virginia.
      8254 Sea Breeze Dr, Chincoteague, VA 23336
      View Details
    • $1,200,000

      Chincoteague Specialty Property for Sale

      Specialty property available in Chincoteague, Virginia.
      5421 Deep Hole Rd, Chincoteague, VA 23336
      View Details
    • $339,000

      Chincoteague Specialty Property For Sale

      Specialty property available for purchase in Chincoteague, Virginia.
      5160 Mallard, Chincoteague, VA 23336
      View Details
    • $429,900

      Chincoteague Specialty Property For Sale

      Specialty property available in Chincoteague, Virginia.
      6348 Church St, Chincoteague, VA 23336
      View Details
    • $740,000

      Chincoteague Specialty Property For Sale

      Specialty property available in Chincoteague, Virginia.
      6045 Tarr St, Chincoteague, VA 23336
      View Details
    • $345,000

      Ridge Road Specialty Property

      Specialty property available for sale on Ridge Road.
      3189 Ridge Rd, Chincoteague, VA 23336
      View Details
    • $2,800,000

      Chincoteague Waterfront Development

      Prime Island Location, High ROI Potential
      Main St, Chincoteague, VA 23336
      View Details

    FAQs

    What type of property is this?
    Land - Waterfront lot with breathtaking views and direct water access.
    Where is this land located?
    The property is located at 5 Marsh Island Dr Chincoteague, VA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Waterfront lot on Chincoteague Bay; - Breathtaking views; - Enjoy direct access to the water
    (757) 787-1305
    Request Owner's contact information
    5 Marsh Island Dr Chincoteague, VA 23336
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Marsh Island Dr
    Chincoteague, VA 23336
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5 Marsh Island Dr Chincoteague, VA 23336
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.