Change Real Estate Presents:

5061 Bay Colony Lane
Chincoteague Island VA 23336

For Sale: $549,000.00 Active

List Date: 2026-06-03

Chincoteague Island
3 bedrooms
2 bathrooms
1,540 build ft2
15,192 land ft2

About This Property

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.

Listing Agent: Meghan Oliver Clarkson. Long & Foster Real Estate, Inc. 757-894-0798 meghan.oliver@longandfoster.com

Virtual Tours / Videos

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

Property Features

Location Information
County:
Subdivision: CHINCOTEAGUE
click to open map in a new window
Interior Features
Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Interior: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Recessed Lighting, Window Treatments
Laundry:
Furnished: Yes
Flooring: Carpet, CeramicTile
Water: Public
Cooling: Central A/C, Heat Pump(s)
Heating: Forced Air, Heat Pump(s)
Fireplaces: None
Windows: DoublePaneWindows
Utilities:
Sewer: Septic = # of BR, Private Septic Tank
Exterior Features
Year Built: 2003
Legal Subdivision: Henry J Conklin
Subdivision Name: Chincoteague
Exterior Features: Outside Shower
Schools
Elementary School: Chincoteague
Junior High School: Chincoteague
High School: Chincoteague

IDXListing Courtesy of Meghan Oliver Clarkson. Long & Foster Real Estate, Inc. 757-894-0798 meghan.oliver@longandfoster.com

Property Photos [Click to enlarge]

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