# 5061 BAY COLONY LN, Chincoteague, VA 23336

> **TL;DR:** 3bd/2ba single family, $549,000 ($356/sqft), built 2003, 1,540 sqft.
> A/C. Est. $2,379/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $549,000 |
| Price/sqft | $356 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,540 |
| Year Built | 2003 |
| Lot Size | 15,246 sqft (0.35 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,379 |
| **Total** | **$2,379** |

## Nearby Schools

- **Elementary:** CHINCOTEAGUE
- **Middle:** CHINCOTEAGUE COMBINED
- **High:** CHINCOTEAGUE COMBINED

## Key Amenities

- A/C

## Property Highlights

- Built in 2003
- 0.35 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 5061 BAY COLONY LN, Chincoteague, VA 23336
- **County:** Accomack
- **Neighborhood:** CHINCOTEAGUE
- **Coordinates:** 37.9521348, -75.3513854
- **Google Maps:** https://www.google.com/maps?q=37.9521348,-75.3513854

## Virtual Tour & Media

- **Video Tour:** campos-media.aryeo.com/videos/019e7947-9b37-7361-bb3f-d8267a58148a

## Listing Agent

- **Name:** Meghan Oliver Clarkson
- **Brokerage:** Long & Foster - Main St
- **Phone:** 7578940798
- **Email:** meghan@LNF.com

## Primary Photo

![5061 BAY COLONY LN - Primary Photo](http://lh.rdcpix.com/9dc1082ef8d481d7d0662dce9cb20084l-f2959871661r.jpg)

*57 total photos available on [listing page](https://www.propertysimple.com/listing/5061-bay-colony-ln-chincoteague-va-23336-va71560)*

---

**MLS#:** 71560 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Eastern Shore Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5061-bay-colony-ln-chincoteague-va-23336-va71560)

---

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