$1,200,000

5421 & 3 Deep Hole Rd Chincoteague, VA 23336

Estimated payment $6,515/month

Total Views 16,887
5 Beds
4.5 Baths
3,450 Sq Ft
$348 Price per Sq Ft

Highlights

  • Water Views
  • Deck
  • Main Floor Bedroom
  • 0.5 Acre Lot
  • Beach House
  • No HOA

About This Home

Introducing Deep Hole Hideaway, a versatile & fully turnkey multi-property listing offering exceptional rental potential & room for expansion. This unique property features a beautifully renovated duplex & a new construction, set on a spacious lot w ample capacity for add'l development. The duplex has been completely renovated w in the last 5 years, w 1 unit offering 2 bds & 1 bath, & the other featuring 1 bd, a bonus room, & 1 bath, perfect for accommodating guests or tenants. Adjacent to the duplex is a new construction boasting 2 bds, 2 bonus rooms, & 2.5 baths, providing modern comforts & flexible space for family, guests, or add'l rental income. The property's generous lot includes enough room & septic capacity to build an extra 2-bed dwelling, offering future expansion potential.

Listing Agent

Meghan Oliver Clarkson

Long & Foster - Main St Brokerage Phone: 7575642600 License #0225085807 Listed on: 08/01/2025

Long & Foster - Main St

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1988

Lot Details

  • 0.5 Acre Lot

Home Design

  • Duplex
  • Beach House
  • Composition Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Dining Area
  • Vinyl Flooring
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Stone Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Chincoteague Subdivision

Listing and Financial Details

  • Tax Lot 37
  • $550,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,440

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Duplex,Multi Family,Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 0.5 Acre
  • Water Body Name: Waterview
  • Subdivision Name: Chincoteague
  • Directions: From Maddox Blvd: Head northwest on Maddox toward Chicken City Rd., Turn right onto Deep Hole Rd., Turn left to stay on Deep Hole Rd., property will be on the left.
  • Architectural Style: Duplex, Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Entry Location: -
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Walk-In Closet(s), 1st Floor Bedroom, Other
  • Living Area: 3450
  • Window Features: Window Treatments, Double Pane Windows
  • Dining Room Features: Dining Area

Exterior Features

  • Lot Features: .5-.9 acre +/-
  • View: Water
  • View: Yes
  • Construction Type: Vinyl Siding, Sheetrock
  • Foundation Details: Crawl Space
  • Other Structures: Shed/Barn
  • Patio And Porch Features: Deck, Porch
  • Property Condition: 30-50 yrs +/-
  • Roof: Composition, Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Stone Driveway

Utilities

  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Size Sq Ft: 21780
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2440.279999999
  • Tax Book Number: 2300 01999
  • Tax Lot: 37
  • Tax Map Number: 31B2-A-37
  • Tax Other Annual Assessment Amount: 550000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 For Sale $1,200,000 -- $348 / Sq Ft
Source: Eastern Shore Association of REALTORS®

Source: Eastern Shore Association of REALTORS®

MLS Number: 64907

Virginia Accomack County Chincoteague 23336

5421 & 3 Deep Hole Rd, Chincoteague, VA

For Sale

MultiFamily

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Meghan Oliver Clarkson
Listing Agent
Meghan Oliver Clarkson
Section Image
Long & Foster - Main St
(757) 894-0798