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For sale
  • $1,200,000

    5421 & 5423 Deep Hole Rd, Chincoteague Island, VA 23336

    5beds
    5baths
    3,450sqft
    : 
    Multi Family
    Built in 1988
    -- sqft lot
    $-- Zestimate®
    $348/sqft
    $-- HOA

    What's special

    Introducing Deep Hole Hideaway, a versatile and fully turnkey multi-property listing offering exceptional rental potential and room for expansion. This unique property features a beautifully renovated duplex and a new construction home, set on a spacious lot with ample capacity for additional development. The duplex has been completely renovated within the last 5 years, with one unit offering two bedrooms and one bathroom, and the other featuring one bedroom, a bonus room, and one bathroom—perfect for accommodating guests or tenants. The property is designed to comfortably host up to 23 guests, making it an ideal rental opportunity. Adjacent to the duplex is a new construction home boasting two bedrooms, two bonus rooms, and 2.5 bathrooms, providing modern comforts and flexible space for family, guests, or additional rental income. The property’s generous lot includes enough room and septic capacity to build an extra 2-bedroom dwelling, offering future expansion potential. Enjoy peek-a-boo views of the marshes and Oyster Bay, adding scenic serenity to this charming retreat. Sold fully furnished and equipped, Deep Hole Hideaway provides a ready-to-go investment or primary residence in a desirable location. Don’t miss the opportunity to own this exceptional property with endless possibilities.
    1 day
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    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 02:10pm

    Listed by:

    Meghan Clarkson 757-894-0798,

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: VAAC2002116MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5421 & 5423 Deep Hole Rd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump, Electric
    Appliances
    • Included: Dishwasher, Washer, Dryer, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
    Features
    • Ceiling Fan(s), Dining Area, Entry Level Bedroom, Open Floorplan, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Bathroom - Tub Shower, Dry Wall
    • Flooring: Luxury Vinyl
    • Windows: Skylight(s), Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,450
    • Total interior livable area: 3,450 sqft

    Property

    Parking
    • Parking features: Gravel, Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Deck
    • Pool features: None
    • Waterfront features: Pond
    Lot
    • Size: 0.5 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 031B2A000003700
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Coastal
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Metal,Composition
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Private Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Chincoteague
    Location
    • Region: Chincoteague Island

    Financial & listing details

    • Price per square foot: $348/sqft
    • Tax assessed value: $305,200
    • Annual tax amount: $1,419
    • Date on market: 8/1/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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