• 94 days on site
  • 14 views

Investor opportunity on Saxis Island with water views and endless potential. Situated on approximately 0.38 acres, this property offers a rare chance to build or rebuild in a peaceful coastal setting surrounded by natural beauty and abundant wildlife. The existing home, originally built in 1930, is approximately 1,512 sq ft with 3 bedrooms and 1 bath. The structure is uninhabitable and requires full renovation or replacement, making it ideal for investors, builders, or buyers seeking to create a custom coastal retreat. The home is elevated on a concrete foundation and features a metal roof, partial window installations, and an elevated design suited for coastal living. Well and septic are present; no permits on file and condition is unknown. The spacious lot offers room to design outdoor living areas and maximize water views and coastal breezes. Saxis Island is known for its quiet charm, working waterfront, and access to fishing, crabbing, boating, and kayaking. Nearby Chincoteague and Assateague Island provide beaches, wild ponies, and protected shoreline. Cash or construction/land financing only. Property will not qualify for traditional mortgage financing. Sold as-is. Enter at own risk. Bring your vision and transform this unique property into a stunning Eastern Shore escape.

Source: BRIGHT MLS, MLS#: VAAC2002718

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  • Property Type
    Residential
  • Lot
    0.38 acres

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Susan Pender

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  • Median Age
    56
  • Population Density
    16
  • College Educated
    13%
  • Estimated Median Income
    $29,375
  • Estimated Total Home Owners
    116
  • Estimated Total Renters
    14
  • Owner / Renter Divide
    89% / 11%
  • Estimated Average Household Size
    2
  • Total Population
    298
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Want to talk? Contact us here.

  • Skip Templeton
  • RW Towne Mortgage
  • Vice President | Mortgage Loan Officer
  • (757) 287-1902

Want to talk? Contact us here.

Want to talk? Contact us here.

Life at 20394 SAXIS ROAD


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/27/2026Source: BRIGHT MLS Added to Database
March 27, 2026
Listing provided courtesy of Long & Foster Real Estate, Inc.- MLS# VAAC2002718MLS ProviderContact Information: [email protected] - 7575642600

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