$130,000
SOLD AUG 30, 2024
0.93 Acre
$139,785 Price per Acre
40,511 Sq Ft Lot

Recently Sold

31% Below List Price

49 Days on Market

Highlights

  • Water Access
  • 0.93 Acre Lot
  • No HOA
  • Property Fronts a Bay or Harbor
  • Partially Wooded Lot
  • 4-minute walk to Robert N. Reed Downtown Waterfront Park

About This Lot

As of August 2024

THIS IS YOUR CHANCE TO BUILD ON SOUTH MAIN STREET! This property is 4 parcels, one on the water side so get your kayak and launch right from the shell beach! Build across the street, narrow lot but build up for the best views!! The 3 parcels on the opposite side of the street run deep, all the way to the creek, believe wetlands in deepest 2 lots, great for you to enjoy wildlife in a natural setting. Buyer will need to add fill. No septic, survey or delineation on file, all at buyers expense. Buyer due diligence before submitting an offer. Watch the PONIES walk by you on Penning day! Island life at its best if you dare to dream it! Town will provide sidewalk cutout, approx 37' across, 10' side setbacks, 17' home. Do not have to go 25' back in front, can be aligned with homes on each side.

Last Agent to Sell the Property

Lynne Ballerini

DOCKSIDE PROPERTIES License #0225088629

Last Buyer's Agent

Benjamin Clark

DOCKSIDE PROPERTIES License #0225251876

Property Details

Property Type

  • Land

Lot Details

  • 0.93 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sloped Lot
  • Partially Wooded Lot

Schools

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

Listing and Financial Details

  • Tax Lot B2
  • $255,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Chincoteague Subdivision

Recreation

  • Water Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.93
  • Lot Size: .93
  • Road Surface Type: Paved
  • Water Body Name: Chincoteague Bay
  • Subdivision Name: Chincoteague
  • Directions: Come over the bridge onto the Island, turn right on Main St, pass downtown then carnival grounds then Bunting Road, land on water side and across the street, see sign
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1-1.9 acres +/-
  • Topography: Sloping
  • Waterfront Features: Water Front, Water Access, Bay Front, Water Access-Private, Waterfront
  • Waterfront: Yes
  • Other Structures: None

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 40510.8
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 2016 01419
  • Tax Lot: B2
  • Tax Map Number: 30A2-5-B2*
  • Tax Other Annual Assessment Amount: 255000

Map

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 Change Sq Ft Price
08/30/2024 08/30/24 Sold $130,000 -22.2% --
07/31/2024 07/31/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $167,000 -10.9% --
06/11/2024 06/11/24 For Sale $187,500 -- --
Source: Eastern Shore Association of REALTORS®

Source: Eastern Shore Association of REALTORS®

MLS Number: 60653