5061 Bay Colony Ln
Chincoteague, VA, 23336
$
549,000
Bedrooms3
Baths2.0
Sq
1,540
Monthly Estimate*
$
3,380
for $549,000 with 3 bedrooms and 2 full baths. This 1,540 square foot home was built in 2003.
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 showerâperfect 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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Features
Interior
Interior Amenities
Smoke Detector
Window Treatments
Washer/Dryer Hookup
1st Floor Bedroom
Other-See Remarks
Storage
Shed/Barn
Other-See Remarks
Beds
3
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General
Sewer
Septic System
Heating
Heat Pump
Forced Air
Electric
Roof
Composition
Appliances
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Water
Public
Water Heater
Electric
Fireplaces
None
Garage
None
Zoning
Residential
Status
Active
Active
Full Baths
2
Half Baths
0
Year Built
2003
Subdivision
CHINCOTEAGUE
Stories Count
Two
Age
15-30 yrs +/-
Area
Accomack
Virtual Tour
campos-media.aryeo.com/videos/019e7947-9b37-7361-bb3f-d8267a58148a
City
CHINCOTEAGUE
Listing Type
Residential
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Exterior
Exterior
Vinyl Siding
Foundation
Crawl Space
Block
Exterior Amenities
Double Pane Windows
Shell Driveway
Screened Porch
Deck
Open Porch
Other-See Remarks
Waterfront
WATERVIEW
Lot
14D
Lot Dimensions
.35
Type or Style
Beach House
Acreage
<.5 acre +/-
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* Excluded Features
List By
Long & Foster - Main St
Broker
Affordability Calculator
- Monthly Principal & Interest
- $3,380
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Single family listings in Chincoteague, VA
Average List Price
$524,294
Percent of Sale Price
5%
About Chincoteague, VA
2,861
Population
-34%
Since 2002
$
47,829
Median Income
53.1
Median Age
14%
Households with Children
Trends Information provided by ATTOM Data Solutions.
2779429
Elementary School
2779430
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
6/2/2026
|
$549,000
|
|
Listed Price
|