5061 Bay Colony Ln, Chincoteague Island, VA 23336
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
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 screened porch, creating an inviting extension of the living area.
The thoughtfully designed floor plan includes a spacious first-floor primary bedroom with direct access to the covered porch, an additional first-floor guest bedroom and full bath, plus a private upstairs bedroom and full bath with balcony access. A dedicated laundry area adds convenience, while tile flooring throughout the main living areas enhances the home's easy-care coastal appeal.
Additional features include vinyl siding, public water, private septic, detached storage shed, enclosed under-house storage, and an outdoor shower—perfect for rinsing off after a day at the beach or on the water. Being sold furnished with appliances included, this move-in-ready property offers a turnkey opportunity as a primary residence, vacation getaway, or investment property.
Conveniently located near Chincoteague's shops, restaurants, marinas, wildlife refuge, and Assateague Beach, this is your opportunity to experience the very best of island living with beautiful bay views and easy access to everything the island has to offer....
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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
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