For sale

$385,000

7158 Bunting Rd, Chincoteague, VA 23336

2beds

800sqft

Est.:

Single Family Residence

Built in 1950

0.25 Acres Lot

$374,000 Zestimate^®

$481/sqft

$-- HOA

What's special

Two well-maintained cottagesStorage shedOutdoor spaceRear yard

Don't miss this income-producing property featuring two well-maintained cottages offered at an attractive price. Centrally located on beautiful Chincoteague Island, this unique setup is perfect for investors or those seeking a multi-unit opportunity. The first cottage offers 2 bedrooms, 1 bath, a kitchen, and living room, with a finished second level providing additional flexible space. The second cottage also features 2 bedrooms, 1 bath, a kitchen, and living room, along with a rear yard, storage shed, and outdoor space. Each unit has separate addresses and electric panels, adding convenience and rental flexibility. Whether you're looking for long-term rentals, vacation income, or a combination of both, this property delivers strong potential. Excellent Income Potential.

2 days

426

16

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Dining room

Features: Eat-in Kitchen

Heating

Heat Pump

Cooling

Heat Pump, Central Air

Appliances

Included: Range, Refrigerator, Washer, Dryer, Electric Water Heater
Laundry: Washer/Dryer Hookup

Features

Doors: Storm Door(s)
Windows: Storm Window(s)
Attic: Storage
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 800
Total interior livable area: 800 sqft

Property

Parking

Parking features: Carport
Has carport: Yes

Features

Levels: One
Patio & porch: Patio

Lot

Size: 0.25 Acres
Dimensions: .25
Features: <.5 acre +/-

Details

Parcel number: 030A3A000025800
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch,Eastern Shore Style
Property subtype: Single Family Residence

Materials

Brick Veneer, Vinyl Siding
Foundation: Crawl Space
Roof: Composition

Condition

15-30 yrs +/-
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Chincoteague

Location

Region: Chincoteague

Financial & listing details

Price per square foot: $481/sqft
Tax assessed value: $308,500
Annual tax amount: $1,182
Date on market: 3/28/2026

Estimated market value

$374,000

$355,000 - $393,000

$2,010/mo

Price history

Date	Event	Price
3/28/2026	Listed for sale	$385,000$481/sqft
Source: Eastern Shore AOR #71116 Report a problem
1/1/2026	Listing removed	$385,000$481/sqft
Source: Bright MLS #VAAC2002006 Report a problem
9/26/2025	Price change	$385,000-3.4%$481/sqft
Source: Eastern Shore AOR #64664 Report a problem
6/27/2025	Listed for sale	$398,500$498/sqft
Source: Eastern Shore AOR #64664 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,182	$308,500
2024	$1,182 +17.6%	$308,500 +42.8%
2023	$1,005 0%	$216,100
2022	$1,005 +33.4%	$216,100 +37.7%
2021	$753	$156,900
2020	--	$156,900 +3.4%
2019	$729	$151,800
2018	$729 -3.4%	$151,800 -1.4%
2017	$754 -3.1%	$153,900 -3.1%
2016	$778 -0.2%	$158,800 -0.2%
2015	$780	$159,100
2014	$780	$159,100 -2.6%
2013	$780 +1.6%	$163,300
2012	$768 +2.5%	$163,300 -17.1%
2011	$749	$197,000
2010	$749	$197,000