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About This Home
This 3-bedroom, 2-bathroom single family at 5061 BAY COLONY LN in Chincoteague, VA is listed for $549,000 ($356 per sqft). Built in 2003, the home offers 1,540 sqft of living space on a 0.35 acres lot.
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.
Key Features
- Built in 2003
- 0.35 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5061 BAY COLONY LN
Chincoteague, VA 23336
CHINCOTEAGUE
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 5061 BAY COLONY LN is listed at $549,000 ($356/sqft). The estimated monthly payment is $2,379 based on 20% down at 6.5% interest.
Key features include: Built in 2003, 0.35 acre lot, 2 stories. Interior Features: Smoke Detector, Window Treatments, Washer/Dryer Hookup. Exterior Features: Double Pane Windows, Shell Driveway, Screened Porch.
This property is listed by Meghan Oliver Clarkson and can be reached at 7578940798 or meghan@LNF.com.








