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    Melfa, VA
    Waterfront

    Melfa, VA Waterfront Land for Sale

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    Onancock, VA Onley, VA Locustville, VA Wachapreague, VA Quinby, VA Accomac, VA Pungoteague, VA Painter, VA
    Waterfront Lot in Red Bank
    Updated: Apr 24
    Waterfront Lot in Red Bank

    RED BANK LN lot: 13, Melfa, VA 23410

    $225,000
    3.38 AC lot
    Direct deep‑water access to the Chesapeake Bay.
    3+ acre buildable waterfront lot.
    Located in the desirable, high‑end Red Bank community.
    Extensive waterfront on Pungoteague Creek.
    Not subject to HOA building restrictions.
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    Waterfront Land in Red Bank
    Updated: Apr 24
    Waterfront Land in Red Bank

    RED BANK LN lot: 15, Melfa, VA 23410

    $225,000
    3.07 AC lot
    Direct deep‑water access to the Chesapeake Bay via Pungoteague Creek.
    3+ acre buildable waterfront lot** in a desirable, high‑end community.
    Excellent elevation with extensive waterfrontage.
    Option to use the community dock or build a private dock.
    Not subject to HOA building restrictions.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Melfa, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wooded Waterfront Land Lot
    Wooded Waterfront Land Lot

    Lot 16 Nandua Drive, Unit 16, Painter, VA 23420

    $65,000
    155,944 sqft 3.58 AC lot

    Wooded lot with serene water views in the Nandua Bay community on Virginia’s Eastern Shore.

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    Wooded Land in Nandua Bay
    Wooded Land in Nandua Bay

    NANDUA DR lot: 16, Painter, VA 23420

    $65,000
    3.58 AC lot

    3.58-acre wooded property in Nandua Bay community.

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    Bayside Land Ready to Build
    Bayside Land Ready to Build

    BARN WOODS RD lot: 1&2, Onancock, VA 23417

    Contact for pricing
    1.79 AC lot

    Cleared lots near town, ready for your dream home.

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    Land / Unimproved Land
    Land / Unimproved Land

    Lot 1-2 Barn Woods Road, Unit 1 & 2, Onancock, VA 23417

    Contact for pricing
    77,798 sqft

    Residential land & home lots · 77,798 SF

    View details

    Melfa, VA Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Melfa, VA on our real estate platform. These investment opportunities span a total of 280,962 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for water rights properties in Melfa, VA average $225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 9
    Agricultural land / Farmland 2
    Waterfront Land 2

    Demographics Overview

    Population 2,393
    Population Growth (5Y) +38.6%
    Median Household Income $50,313
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Melfa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23410 $225K

    Taxes & Financing

    Tax Rate (average for all types) 0.48%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Accomack County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Accomack County

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