The median home value in Wallops Island, VA is $207,111.
This is
higher than
the county median home value of $161,168.
The national median home value is $308,980.
The average price of homes sold in Wallops Island, VA is $207,111.
Approximately 47% of Wallops Island homes are owned,
compared to 15% rented, while
37.5% are vacant.
Wallops Island real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Wallops Island real estate agent to arrange a tour
today! Learn more about Wallops Island Real Estate.
We were unable to find listings in Wallops Island, VA
Welcome to the community of Eagle Sound Estates, the only high land against the bay staring directly at Chincoteague Island (voted The Best Small Beach town in the USA by USA Today). This cul-de-sac lot, is one of the area's largest, The height and positioning of the lot on the second street back from the bay affords amazing 180 degree views of NASA's Wallops Island, Chincoteague, & Assateague National Seashore. Wildlife teams just outside your own front door. Boat, fish and crab off your own community dock, peruse the shops and restaurants of Chincoteague, beachcomb to your heart's delight. Enjoy your front row seat for the famous NASA space launches. HOA dues are an amazingly low $32 a month. Septic installed for a 4BR SFH. Priced to sell, this lot won't last for long
**Exceptional 4.4-Acre Lot with Boat Access - Motivated Seller!** Lot 32 on Hopeland Way. Build your dream getaway on this expansive 4.4-acre parcel nestled in a private, nature-filled community offering direct boat access for residents. Enjoy the serenity of country living while being part of a well-maintained neighborhood with a low annual HOA fee of just $400. Whether you're planning a seasonal escape or a year-round residence, this property offers plenty of space, privacy, and potential. Water View Lot in the Hopeland Subdivision. View of Kegotank Bay and Assawoman Island. Over 4 acres, buildable for 2-story home. There's a community boat ramp. Near Chincoteague Island and Assateague Beach. Priced at just $115,900 - the seller is motivated, and this opportunity won t last long!
Prime 19.99 Acre Commercial Opportunity on U.S. Route 13 - Temperanceville, VA Strategically positioned along the northbound lane of Lankford Highway (U.S. Route 13), this 19.99 acre tract zoned General Business (B-1) offers exceptional exposure on the Eastern Shore's primary north-south commercial corridor. The property enjoys high traffic visibility just south of the new signalized intersection at Saxis Road, an ideal location for retail, service, or mixed-use commercial development. Under the current B-1 zoning, a wide range of by-right commercial uses are permitted, providing flexibility for investors, developers, or end users seeking to capture growing local and through-traffic demand. Wetlands delineation recently completed identifying NO wetlands on the property. The site benefits from its central location - just one hour north of the Chesapeake Bay Bridge-Tunnel and minutes south of Chincoteague, the Maryland state line, and Pocomoke City. This corridor continues to experience steady growth driven by expanding residential communities, tourism, and regional commerce.
PRIME WATERFRONT on the Chincoteague Channel, a great location close to the ocean with AMAZING SUNSETS! Over a half an acre with 4BR septic approved! Plus possible potential to subdivide! And it's MULTI-USE with C4 zoning! In addition, there's over $40,000 worth of permitted sand, filled and packed! Build your dream home or business here on south Main Street!
TWO WATERFRONT LOTS with potential for THREE LOTS on Chincoteague's Main Street! Zoned commercial... but a residential home is also allowed. One lot has been filled and ready to build on. Septic approval and survey on file as well. Build your DREAM BUSINESS or HOME HERE! So much potential -- located on the Chincoteague deep water channel and ZONED C4! AMAZING SUNSETS OVER THE BAY!
This beautifully maintained, amenity-rich gated community offers an exceptional coastal lifestyle, featuring a community pool, pier/dock for fishing & crabbing, and dedicated boat & RV storage. Ideally located in the Chincoteague Island School District with Spectrum high-speed internet available, it's perfectly suited for both full-time living and remote work. Just minutes to Wallops Island & NASA, and a short drive to Chincoteague Island's beaches, boating, dining, and renowned wildlife areas. Convenient access north to Pocomoke & Salisbury, MD for shopping, healthcare, and additional dining options. The lot itself is flat, cleared, and approved for a 4-bedroom septic system - ready for your custom build with plenty of room for your dream home, outdoor living spaces, or additional structures. Enjoy peaceful surroundings, expansive open skies, and the very best of Eastern Shore living. Seller is motivated - bring your offers! Owner/Agent
1.05 acre lot in popular gated community of Olde Mill Pointe! This prestigious community offers private access, community pool, community dock for fishing & a boat & RV storage area. This community is in the Chincoteague Island School District and has Spectrum high speed internet available! Olde Mill Pointe is just a few short miles from Wallops Island, NASA, Chincoteague Island. Pocomoke & Salisbury MD are just a short drive north.
This well-maintained, amenity-rich neighborhood offers gated access, a community pool, pier/dock for fishing & crabbing, plus dedicated boat & RV storage - perfect for embracing the coastal lifestyle the Eastern Shore is known for. Located in the Chincoteague Island School District with Spectrum high-speed internet available, making it ideal for full-time living & remote work. Just minutes to Wallops Island & NASA, & a short drive to Chincoteague Island's beaches, boating, dining, & wildlife areas. Easy access north to Pocomoke & Salisbury, MD for shopping, healthcare, & dining. The lot is flat, cleared, approved for 4BR septic, & ready to build, offering space for your dream home, outdoor living, or additional structures. Enjoy peaceful surroundings, open skies, & the best of Shore living!
Beautiful Olde Mill Pointe property on the Eastern Shore of Virginia has just become available. Surrounded by Lake on 3 sides, these highly elevated lots in a private setting on a cul-de-sac are just waiting for your new home ... very tranquil setting where wildlife and nature abounds ... home can be sited for maximum privacy and with two separate lots how about a lovely compound surrounded by nature. Community has salt water swimming pool and pool house area great for picnics, night swimming etc. Please make plans to visit our beautiful area soon. GATED COMMUNITY - PLEASE CONTACT FOR CODE. POSSIBLE OWNER FINANCING AVAILABLE WITH EXCELLENT CREDIT AND SUBSTANTIAL DOWN PAYMENT. The HOA fee of $1360 is combined for both lots, $680 a piece.
Discover a rare opportunity to own buildable waterfront land on Chincoteague Island with direct access to the Assateague Channel and stunning, unobstructed views of the iconic Assateague Lighthouse. Enjoy sweeping panoramas of the Channel, nearby creeks, and protected natural shoreline, creating an exceptional setting for your custom coastal retreat. This parcel features a private dock, sturdy bulkhead, and an existing 2-bedroom septic system (sold as is), offering a strong foundation for your future home. Dock your boat or launch your kayak or paddleboard directly from your private dock, with deep water access just steps from shore. Spend your days watching wildlife and waterfowl, then unwind with breathtaking sunsets and lighthouse views from your own backyard. Ideally situated in a premier waterfront location, this property places you close to the best of the Chincoteague Island community, including charming shops, local dining, beaches, and scenic nature trails. This is a truly exceptional opportunity to secure waterfront living in one of Virginia's most sought-after coastal destinations and bring your vision to life along the Assateague Channel.
2/125 Wooded golf course lot that looks straight down 8th fairway. 3BR Cert. Letter, delineation & Survey on file. Just pick your builder and enjoy the views. No Builder Tie-In. Come and enjoy all the amenities and the lifestyle on the Eastern Shore of VA. Captains Cove is the Eastern Shore of Virginias fastest growing Golf & Waterfront community. Close to Chincoteague Island, Wallops Island and Ocean City MD. Amenities offered at Captains Cove: Pristine 9 Hole Golf Course, indoor/outdoor pools (2), fitness center, basketball & pickle ball courts, boat ramp, docks, playground, biking & walking trails, dog park, picnic area, playground, security and so much more. Call for information.
Enjoy stunning water views with this prime building lot on the East Side. Boasting septic approval for a 6-bedroom system, this versatile lot offers the flexibility to build a large single-family home, duplex, or triplex. The water meter is already installed, and land preparation is complete, making this an easy and ready opportunity to bring your vision to life. With road frontage on both East Side and Clarkson Lane, you have convenient access and multiple options for your driveway and home placement. This lot provides beautiful water and lighthouse views, allowing you to design your home to maximize natural light and scenic vistas. Buy now and build later, no builder tie-ins and NO HOA. Owner/Agent
Quiet location and lot at the end of Serenity Lane. Few lots remaining on the island. Cleared Lot. Seller is in the process of getting septic certification.
Build your dream coastal retreat in the desirable Piney Island community, the closest residential neighborhood to Assateague Island. This mostly cleared homesite offers an exceptional opportunity to create the home you've always envisioned in one of the most sought-after locations near Chincoteague and Assateague. A 4-bedroom septic approval letter is already on file, helping streamline the building process and saving valuable time as you plan your new home. Enjoy easy access to the natural beauty that makes this area so special. Assateague Island's pristine beaches, famous wild ponies, boating, fishing, kayaking, and miles of protected shoreline are just moments away. Wake up to peaceful surroundings, coastal breezes, and abundant wildlife while still being only minutes from the shops, restaurants, marinas, and charm of Chincoteague Island. One of the standout features of this property is the absence of an HOA and HOA fees, giving you greater flexibility and freedom when designing and building your home. Whether you're looking to build a full-time residence, vacation getaway, or coastal investment property, this homesite provides the perfect setting to enjoy the relaxed Eastern Shore lifestyle. Don't miss this opportunity to secure a prime building lot in a highly desirable location just minutes from Assateague Island and the best of coastal Virginia living.
Breathtaking views of the Chincoteague Bay, a front row seat to rocket launches and a protected canal where you can dock your boat 20 feet from your home. This large (15,367 sq ft) cleared, freshly leveled lot with BRAND NEW BULKHEAD has 105 feet of waterfront facing the Chincoteague Bay. Located in the amenity rich community of Captains Cove featuring 2 outdoor pools, 1 indoor pool, fitness room, golf course, community boat ramp, dog park, tennis, pickleball, and a Marina Club Restaurant that features live entertainment. Captains Cove is located a short ride from Chincoteague Island, VA and Ocean City, MD. This lot has water and sewer availability and NO BUILDER TIE-IN, so take your time to design and build your waterfront dream home.
3/1621 Cleared, corner level lot that offers views of the Chincoteague Bay and the canals that wind throughout Captains Cove and Chincoteague Island. Lot has water and sewer availability. Corner lot offers placement options. Come and enjoy all the amenities and the lifestyle of the Eastern Shore of VA, close to Chincoteague Island, Wallops Island and Ocean City MD. Captains Cove is the fastest growing Golf & Waterfront community on the Eastern Shore of VA. HOA amenities: Prestine 9 Hole Golf Course, indoor/outdoor pools (2), fitness center, tennis, pickle -ball & basketball courts, playground, boat ramp, dog park, biking & walking trails security and so much more.
3/1611 Level, cleared, oversized (11,018 sq ft.,) lot located in Captains Cove that backs to a common area with the possibility of water views from a two story home. 3 BR Cert Letter & Wetland Determination on File. Close to the amenities offered at Captains Cove. Buy now and build later, take advantage of this great buy! No time frame to build and no builder tie-in. Call for builder information. Relax and enjoy all the amenities and the lifestyle on the Eastern Shore of VA. Captains Cove is the Eastern Shore of Virginias fastest growing Golf & Waterfront community; close to Chincoteague Island, Wallops Island and Ocean City MD. HOA amenities: 9 Hole Pristine Golf Course, indoor/outdoor pools (2), fitness center, basketball & pickle ball courts, boat ramp, docks, playground, biking & walking trails, dog park, security and so much more.
Discover an exceptional waterfront opportunity in the sought-after Captain's Cove Golf & Yacht Club community. This remarkable homesite offers sweeping views of the bay and marina, providing the perfect backdrop for coastal living. Whether you envision quiet mornings by the water or effortless access to boating adventures, this property delivers the ideal setting. A **new bulkhead installed in 2024 - an upgrade of nearly $50,000 - **offers peace of mind and lasting shoreline protection, creating a ready-to-enjoy waterfront edge for your future build. With water and sewer availability, this lot provides the convenience and flexibility to design a home that suits your lifestyle. Captain's Cove amenities include a 9-hole golf course, indoor and outdoor pools, fitness center, marina, boat ramp, restaurant, tennis, and more, all designed to enhance daily living. Located just a short drive from Chincoteague and Assateague Island, this community places restaurants, shopping, and beaches within easy reach. Whether you are planning a full-time residence or a getaway retreat, this property offers a rare combination of value, views, and convenience. Build your vision here and enjoy all that coastal Virginia has to offer.
Discover the stunning beauty of Lot 1000 Bayside Dr in the amenity-rich community of Captain's Cove. This premier bayfront lot offers a tranquil setting with a pristine sandy beach, perfect for relaxing and making lasting memories. Enjoy breathtaking, spectacular sunsets that paint the horizon in vibrant colors each evening, creating a truly mesmerizing view. Whether you're looking to build your dream home or a vacation retreat, this exceptional property combines natural beauty with the luxurious amenities of Captain's Cove, making it the ideal waterfront oasis.
3/1601 Elevated, cleared corner lot with conventional septic system already installed with some views of Swan Gutt Creek in the distance. Lot has water availability and could possibly be connect to sewer with approval from AQUA VA. ESBVA. This lot is in a highly sought after area of Captains Cove, just a short distance to all the amenities. Seller owns additional lot Sec 4/Lot 2296 Buccaneer Blvd. and is willing to sell as a package deal $25,000. Buy now and build later, take advantage of this great buy! No time frame to build, and no Builder Tie-In. Enjoy all the amenities and the lifestyle on the Eastern Shore of VA. Close to Chincoteague Island, Wallops Island and Ocean City MD. HOA amenities: 9 Hole Pristine Golf Course, indoor/outdoor pools (2), fitness center, basketball & pickle-ball courts, biking & walking trails, boat ramp, docks, playground,dog park, picnic area, security and so much more.
This beautiful Golf Course lot is ready to be the location of your new home! This site is over a quarter of an acre and is already cleared. Purchase now and build later. Make your dream a reality & start enjoying all that Captain's Cove has to offer. Features include indoor & outdoor pools, a restaurant, banquette rooms, fitness center, basketball & tennis courts, boat launch, playground, security and so much more! All included in the HOA!
Don't miss out on the opportunity to purchase this canal front lot. Imagine building a beautiful piling home that you and your friends and family can enjoy for many years to come. Whether you are looking to live here year round or have a fabulous vacation home, this is the perfect homesite for you. Start enjoying all that Captain's Cove has to offer. The many amenities include 2 outdoor pools & 1 indoor pool, tennis courts, the community marina & boat ramp, exercise room, the playground and the Marina Club. Just minutes to the beach and a short ride to Ocean City, MD, Chincoteague Island or Assateague Island.
This waterfront lot is ready for you! Come and visit the resort community of Captain's Cove and you will see why this is the perfect lot to build your dream home on. This canal front lot is situated at the end of a canal in section 3 with public utilities available. There is no builder tie in. Buy now and build at your convenience while enjoying the luxuries of Captain's Cove such as indoor and outdoor pools, restaurant, banquette rooms, fitness center, basketball & tennis courts, boat launch, playground, security & so much more! All included in the HOA fees. Just minutes to the beach!
1/1213 Location, Location! One of the best waterfront properties in Captain's Cove that has unobstructed views over the Marshland & Marina Club. Enjoy the beautiful sunsets and launches from Wallops Island from the comfort of your own private deck. Protected canal front lot that feeds directly into the Chincoteague Bay. Come and see for yourself and you will agree! To appreciate the view I encourage you to step outside your car and walk to the back of the lot...PRICELESS!!!! Approx. 84' of vinyl bulkhead. Great value! HOA amenities: Pristine 9 Hole Golf Course, indoor/outdoor pools(2), fitness center, pickle-ball & basketball court, playground, biking & walking trails, picnic area, dog park, security and so much more. Call for more information.
2/161 Cleared golf course lot that overlooks a pond and 9th Green on a pristine golf course. Cert Letter on file for 3BR , lot has water availability, High Speed Internet is available. No time frame to build and no Builder Tie-in. Just a short ride to all the amenities Captains Cove has to offer. Buy now and build later, take advantage of this great buy! Come enjoy the lifestyle on the Eastern Shore of VA. Captains Cove is the Eastern Shore of Virginias fastest growing Golf & Waterfront community; close to Chincoteague Island, Wallops Island and Ocean City MD. HOA amenities: Pristine 9 Hole Golf Course, indoor/outdoor pools (2), fitness center, basketball & pickle ball courts, boat ramp, docks, playground, picnic area, walking trails, dog park, security and more.
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
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