Estimated payment $314/month
Highlights
- Water Views
- Coastal Architecture
- Wood Siding
- Water Oriented
- No HOA
About This Home
Investor opportunity on Saxis Island with water views and endless potential. Situated on approximately 0.38 acres, this property offers a rare chance to build or rebuild in a peaceful coastal setting surrounded by natural beauty and abundant wildlife. The existing home, originally built in 1930, is approximately 1,512 sq ft with 3 bedrooms and 1 bath. The structure is uninhabitable and requires full renovation or replacement, making it ideal for investors, builders, or buyers seeking to create a custom coastal retreat. The home is elevated on a concrete foundation and features a metal roof, partial window installations, and an elevated design suited for coastal living. Well and septic are present; no permits on file and condition is unknown. The spacious lot offers room to design outdoor living areas and maximize water views and coastal breezes. Saxis Island is known for its quiet charm, working waterfront, and access to fishing, crabbing, boating, and kayaking. Nearby Chincoteague and Assateague Island provide beaches, wild ponies, and protected shoreline. Cash or construction/land financing only. Property will not qualify for traditional mortgage financing. Sold as-is. Enter at own risk. Bring your vision and transform this unique property into a stunning Eastern Shore escape.
Listing Agent
(757) 564-2600 tina.holt@longandfoster.com Long & Foster Real Estate, Inc. Brokerage Phone: 7575642600 Listed on: 03/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $247
Year Built
- Built in 1930
Parking
- Driveway
Home Design
- Coastal Architecture
- Fixer Upper
- Metal Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,512 Sq Ft Home
- Property has 1 Level
- Water Views
- Crawl Space
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Water Oriented
- Property near a bay
Schools
- Kegotank Elementary School
- Arcadia Middle School
- Arcadia High School
Utilities
- Well
- Septic Tank
Additional Features
- 16,602 Sq Ft Lot
- Flood Risk
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 0041
- Assessor Parcel Number 022-B1-A0-00-0041-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $247 | $46,300 | $16,500 | $29,800 |
| 2024 | $215 | $44,400 | $16,500 | $27,900 |
| 2023 | $249 | $41,800 | $16,500 | $25,300 |
| 2022 | $249 | $41,800 | $16,500 | $25,300 |
| 2021 | $482 | $79,000 | $16,500 | $62,500 |
| 2020 | $482 | $79,000 | $16,500 | $62,500 |
| 2019 | $457 | $74,900 | $16,500 | $58,400 |
| 2018 | $457 | $74,900 | $16,500 | $58,400 |
| 2017 | $472 | $77,400 | $16,900 | $60,500 |
| 2016 | $495 | $81,100 | $16,900 | $64,200 |
| 2015 | $484 | $83,400 | $16,900 | $66,500 |
| 2014 | $484 | $83,400 | $16,900 | $66,500 |
| 2013 | -- | $53,900 | $16,900 | $37,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $55,000 | -- | $36 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- |
Source: Bright MLS
MLS Number: VAAC2002718
APN: 022-B1-A0-00-0041-00
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Ask me questions while you tour the home.