5421 & 5423 Deep Hole Rd, Chincoteague Island, VA 23336
Local realty services provided by:ERA Valley Realty
5421 & 5423 Deep Hole Rd,Chincoteague Island, VA 23336
$1,200,000
- 5 Beds
- - Baths
- 3,450 sq. ft.
- Multi-family
- Active
Listed by:meghan oliver clarkson
Office:long & foster real estate, inc.
MLS#:VAAC2002116
Source:BRIGHTMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$347.83
About this home
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.
Contact an agent
Home facts
- Year built:1988
- Listing ID #:VAAC2002116
- Added:92 day(s) ago
- Updated:November 02, 2025 at 02:32 PM
Rooms and interior
- Bedrooms:5
- Living area:3,450 sq. ft.
Heating and cooling
- Cooling:Heat Pump(s)
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Roof:Composite, Metal
- Year built:1988
- Building area:3,450 sq. ft.
- Lot area:0.5 Acres
Utilities
- Water:Public
- Sewer:Private Septic Tank
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$347.83
- Tax amount:$1,419 (2022)
New listings near 5421 & 5423 Deep Hole Rd
- New
$740,000Active4 beds 2 baths3,530 sq. ft.6045 Tarr St, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002334Listed by: LONG & FOSTER REAL ESTATE, INC. - New
$339,000Active2 beds 2 baths1,136 sq. ft.6135 Martin Ln, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002338Listed by: LONG & FOSTER REAL ESTATE, INC.
$339,000Pending2 beds 2 baths1,104 sq. ft.5160 Mallard Pond, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002332Listed by: LONG & FOSTER REAL ESTATE, INC.
$345,000Active2 beds 1 baths688 sq. ft.3189 Ridge Rd, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002306Listed by: LONG & FOSTER REAL ESTATE, INC.
$539,000Pending2 beds 3 baths1,208 sq. ft.6309 Highland Park Dr, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002292Listed by: LONG & FOSTER REAL ESTATE, INC.
$500,000Active3 beds 3 baths2,018 sq. ft.7516 Doe Bay Lane, Chincoteague Island, VA 23336
MLS# 10602781Listed by: Innovation Properties LLC
$535,000Active3 beds 3 baths2,016 sq. ft.5277 Main St, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002284Listed by: LONG & FOSTER REAL ESTATE, INC.
$445,000Active3 beds 2 baths1,272 sq. ft.6286 Smith St, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002254Listed by: LONG & FOSTER REAL ESTATE, INC.
$443,000Active3 beds 2 baths1,497 sq. ft.3284 Colona St, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002204Listed by: BEACH BAY REALTY
$369,500Active3 beds 2 baths1,127 sq. ft.3273 Colona St, CHINCOTEAGUE ISLAND, VA 23336
MLS# VAAC2002196Listed by: BEACH BAY REALTY