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Beth Baldwin

bbaldwinrealtor@gmail.com +1(804) 337-6728

$ 450,000

Est. payment -/mo

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936 Old Ferry RD Grimstead, VA 23064

4 Beds

2 Baths

2,001 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,001 sqft

Price per Sqft $224

Subdivision Gwynn'S Island

MLS Listing ID 2515076

Style Cape Cod

Bedrooms 4

Full Baths 2

Construction Status Unknown

HOA Y/N No

Abv Grd Liv Area 2,001

Year Built 1953

Annual Tax Amount $4,275

Tax Year 2024

Lot Size 1.040 Acres

Acres 1.04

Property Sub-Type Single Family Residence

Property Description

Subject to Online Sale ending July 10 @ 2:00 PM, List price is opening offer amount and may not reflect the final sales price. Property tour is scheduled for July 2nd @ 2PM. Seller is considering presale offers. This extraordinary 1.045-acre waterfront parcel represents a once-in-a-lifetime opportunity to secure premium Chesapeake Bay frontage on Virginia's coveted Gwynns Island - known as the "Jewel of the Middle Peninsula." With its protected location on Hills Bay and unobstructed western exposure, this property delivers breathtaking sunset views 365 days a year. Turn-Key Rental Income: The existing home (built 1953, updated 2024) provides immediate rental income while you design and plan your custom waterfront estate. When you're ready to build your dream home, you'll have over an acre of pristine waterfront to work with. Imagine floor-to-ceiling windows capturing those legendary Chesapeake sunsets, expansive decks overlooking the protected waters, and your private deep-water access for boating. Gwynns Island Exclusivity: Accessible only by swing bridge, this island community of just 600 residents offers privacy and prestige that's increasingly rare. The protected waters of Hills Bay provide calmer conditions perfect for kayaking, fishing, and swimming, while still offering direct access to the main Chesapeake Bay. 60 minutes from Williamsburg & Yorktown 60-90 min from Richmond, Norfolk, and Virginia Beach 3 hours from Washington DC. Immediate income generation from the existing home while you hold one of the most desirable development sites on the Chesapeake Bay. WHY GWYNNS ISLAND? Mathews County boasts over 200 miles of Chesapeake Bay shoreline and is renowned as the "Pearl of the Chesapeake." Gwynns Island represents the crown jewel of this region. Properties of this caliber on Gwynn's Island are extraordinarily rare. The combination of size, location, water views, and immediate income potential creates a unique opportunity for those seeking the ultimate Chesapeake Bay lifestyle.

Location

State VA

County Mathews

Community Gwynn'S Island

Area 114 - Mathews

Direction VA 198 W, to right on VA 223 N, continue straight on VA-633 Old Ferry Rd, property is on the right.

Body of Water Chesapeak Bay/Hills Bay/Piankitank River Mouth

Rooms

Basement Partially Finished

Interior

Heating Electric, Forced Air

Cooling Central Air, Other

Exterior

Pool None

Waterfront Description Bayfront,Water Access,Waterfront

View Y/N Yes

View Water

Roof Type Other

Porch Front Porch

Garage No

Building

Lot Description Waterfront

Story 2

Sewer Septic Tank

Water Well

Architectural Style Cape Cod

Level or Stories Two

Structure Type Brick

New Construction No

Construction Status Unknown

Schools

Elementary Schools Lee Jackson

Middle Schools Thomas Hunter

High Schools Mathews

Others

Tax ID 11A3-5-4

Ownership Other

Special Listing Condition Other

Listed by Dudley Resources

Beth Baldwin

Associate Broker, REALTOR® | License ID: 0225076137

+1(804) 337-6728

Beth Baldwin

936 Old Ferry RD Grimstead, VA 23064

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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936 Old Ferry RD

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