5061 Bay Colony Ln, Chincoteague Island, VA 23336

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
5061 Bay Colony Ln,Chincoteague Island, VA 23336
$549,000
  • 3 Beds
  • 2 Baths
  • 1,540 sq. ft.
  • Single family
  • Active
Listed by: meghan oliver clarkson
Office: long & foster real estate, inc.
MLS#:VAAC2002928
Source:BRIGHTMLS

Price summary

  • Price:$549,000
  • Price per sq. ft.:$356.49

About this home

You will LOVE the views! Enjoy beautiful views of Chincoteague Bay from this well-maintained coastal home in the desirable Bay Colony community. Situated on a spacious lot, this elevated 3-bedroom, 2-bath home offers the perfect blend of island charm, comfortable living, and outdoor enjoyment. Designed to take advantage of the surrounding scenery, the home features multiple covered porches, balconies, a screened porch, and expansive wraparound decking, providing numerous places to relax, entertain, and enjoy the coastal breezes. Bay views can be enjoyed from multiple areas of the home, creating a true island retreat. Inside, the upper level serves as the heart of the home, featuring an open-concept kitchen, dining area, and family room filled with natural light. The kitchen offers stainless steel appliances, abundant cabinetry, breakfast bar seating, and seamless flow into the living and dining spaces, making it ideal for everyday living and entertaining. Sliding doors lead to the...

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Home facts

  • Year built:2003
  • Listing ID #:VAAC2002928
  • Added:4 day(s) ago
  • Updated:June 08, 2026 at 01:51 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Ceramic Tile
  • Dining Description:Dining Area
  • Kitchen Description:Built-In Microwave, Carpet, Dishwasher, Oven/Range - Electric, Recessed Lighting, Refrigerator
  • Bedroom Description:Carpet, Entry Level Bedroom
  • Living area:1,540 sq. ft.

Heating and cooling

  • Cooling:Central A/C, Heat Pump(s)
  • Heating:Electric, Forced Air, Heat Pump(s)

Structure and exterior

  • Roof:Composite
  • Year built:2003
  • Building area:1,540 sq. ft.
  • Lot area:0.35 Acres
  • Architectural Style:Coastal
  • Construction Materials:Vinyl Siding
  • Exterior Features:Deck(s), Outside Shower, Porch(es), Screened
  • Foundation Description:Crawl Space
  • Levels:2 Stories

Schools

  • High school:CHINCOTEAGUE
  • Middle school:CHINCOTEAGUE
  • Elementary school:CHINCOTEAGUE

Utilities

  • Water:Public
  • Sewer:Private Septic Tank

Finances and disclosures

  • Price:$549,000
  • Price per sq. ft.:$356.49
  • Tax amount:$1,787 (2025)

Features and amenities

  • Laundry features:Dryer, Washer
  • Amenities:Carpet, Ceiling Fan(s), Double Pane Windows, Recessed Lighting, Window Treatments