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    Waterfront Compound with Private Beach Title is generated by Realmo AI

    3315 Windmill Point Road, White Stone, VA 22578

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    Chesapeake Bay waterfront compound with sandy beach shoreline, expansive entertaining spaces, and multi-generational guest wings.

    Type:Land
    Property size:
    11,774 SF
    Price / SF:
    $271/SF
    Added:
    Jun 2, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 6 at 3:17 am

    Property Features for 3315 Windmill Point Road

    General Information

    Standard status
    Active
    Size
    11,774 SF
    Property subtype
    Land

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Bo Bragg
    Bo Bragg

    Listing agent Bo Bragg License #VA 0225188659

    Listing office Bragg & Company

    Listing date Jun 2, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Bragg & Company

    HighLights

    • Chesapeake Bay waterfront compound on over 4 acres with 423 ft of shoreline and private sandy beach
    • Built in 2005 with nearly 11,800 SF, 44‑foot ceilings in the great room, and walls of glass
    • 13 bedrooms with multiple sleeping/flex rooms, plus 8 full baths across expansive indoor living areas
    • Two separate two‑story “clockout‑style” guest wings, each with full kitchen(s) for extended family or guests
    • Three‑car garage, screened porch, expansive waterside decking, multiple gathering spaces, and fireplaces
    • Recent renovations plus 3 updated kitchens, and additional amenities including two saunas and a standing seam metal roof

    Overview

    “Bayhamas” is a Chesapeake Bay waterfront compound with sandy beach shoreline and panoramic water views. Privately sited on over 4 acres, it offers 423 feet of shoreline. The residence was built in 2005 and has been extensively renovated in recent years, featuring a contemporary coastal design with soaring 44-foot ceilings in the great room and walls of glass. Interior accommodations include 13 bedrooms, multiple additional sleeping or flex rooms, 8 full baths, and three updated kitchens. Two substantial “lockout-style” guest wings provide private two-story living quarters, each with a full kitchen, supporting extended family living and guest stays. Outdoor amenities include a screened porch, expansive waterside decking, multiple gathering areas, fireplaces, and two saunas. The property also includes a standing seam metal roof and a three-car garage, with mature trees and a thoughtfully scaled approach.

    The offering is located at 3315 Windmill Point Road in White Stone, Virginia, and is sited directly on the Chesapeake Bay, with the sandy shoreline positioned for waterfront relaxation.

    For buyers seeking a waterfront compound designed for large gatherings and multi-generational use, the combination of generous interior space, dedicated guest-wing living quarters, and substantial shoreline improves day-to-day livability and hosting flexibility while preserving privacy on a secluded site.
    Location Intelligence

    Current Use by Public Records

    BAYHAMAS Bed & Breakfast

    Suggested Use

    Restaurant Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    White Stone
    County
    Lancaster
    State
    Virginia
    Longitude
    -76.3293515
    Latitude
    37.6278682

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    FAQs

    What type of property is this?
    Waterfront Land - Chesapeake Bay waterfront compound with sandy beach shoreline, expansive entertaining spaces, and multi-generational guest wings.
    Where is this waterfront land located?
    The property is located at 3315 Windmill Point Road White Stone, VA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Chesapeake Bay waterfront compound on over 4 acres with 423 ft of shoreline and private sandy beach; Built in 2005 with nearly 11,800 SF, 44‑foot ceilings in the great room, and walls of glass; 13 bedrooms with multiple sleeping/flex rooms, plus 8 full baths across expansive indoor living areas
    (804) 436-7337 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bo Bragg
    Bo Bragg
    Real Estate License ID: VA 0225188659
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    3315 Windmill Point Road, WHITE STONE, VA 22578
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