NOT LISTED FOR SALE

Lot 1 Oak Springs Ln Unit 1 Chincoteague, VA 23336

2.18 Acres
-- Price per Acre
94,961 Sq Ft Lot

Last Sold July 25, 2023

Last sale price $197,500

587 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • No HOA
  • Water Access
  • 2.18 Acre Lot
  • Level Lot

About This Lot

As of July 2023

This is a rare treat. Over two acres of waterfront land on Chincoteague Island. Three bedroom septic installed and on site. Build your dream home on this lot and enjoy evening sunsets. Nice private lane allows you to drift away into a calm environment where you can enjoy the local wildlife. Both waterfront on the bay and pond front. Owning over two acres of waterfront land on Chincoteague Island is unheard of...but yet it can be yours. This is a great opportunity. With prices on the rise you can take advantage of this great location at a great price.

Last Agent to Sell the Property

Benjamin Clark

DOCKSIDE PROPERTIES License #0225251876 Listed on: 10/22/2021

Last Buyer's Agent

Jonah Baker

DOCKSIDE PROPERTIES License #0225252039

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $196

Lot Details

  • 2.18 Acre Lot
  • Home fronts a pond
  • Level Lot

Property Views

  • Water Views

Parking

  • Driveway
  • Open Parking

Schools

  • Chincoteague Elementary School
  • Chincoteague Combined Middle School
  • Chincoteague High School

Utilities

  • Irrigation Water Rights
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • $35,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Chincoteague Subdivision

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$196

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.18
  • Lot Size: 2.18
  • Water Body Name: Chincoteague Bay
  • Subdivision Name: Chincoteague
  • Directions: Left off of drawbridge. Left on Oak Spring Ln.
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 2-4.9 acres +/-
  • Topography: Level
  • View: Water
  • View: Yes
  • Waterfront Features: Water Front, Water Access, Pond Front, Deed Water Rights, Water Access-Private, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Natural Driveway

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Chincoteague
  • High School: Chincoteague
  • Middle Or Junior School: Chincoteague Combined

Lot Info

  • Lot Size Sq Ft: 94960.8
  • Farm Land Area Units: Square Feet
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 196
  • Tax Book Number: 2002 1174
  • Tax Lot: 1
  • Tax Map Number: 31B1-18-1
  • Tax Other Annual Assessment Amount: 35000

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/25/2023 07/25/23 Sold $197,500 -13.8% --
06/02/2023 06/02/23 Pending -- -- --
10/22/2021 10/22/21 For Sale $229,000 -- --
Source: Eastern Shore Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Shore Association of REALTORS®

MLS Number: 54785