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    Lot #5 Marsh Is Dr Chincoteague, VA 23336

    For Sale
    $150,000

    Land - CHINCOTEAGUE, VA

    Lot size:
    0.13 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for Lot #5 Marsh Is 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 © 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 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.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Chincoteague
    County
    Accomack
    State
    Virginia
    Longitude
    -75.3215
    Latitude
    37.9393

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    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 Lot #5 Marsh Is 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
    Lot #5 Marsh Is Dr Chincoteague, VA 23336
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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
    Lot #5 Marsh Is Dr Chincoteague, VA 23336
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