VA > Grimstead > Gwynn'S Island
Grimstead, VA 23064,936 Old Ferry RD
Grimstead, VA 23064,936 Old Ferry RD
Grimstead, VA 23064,936 Old Ferry RD
Grimstead, VA 23064,936 Old Ferry RD
Grimstead, VA 23064,936 Old Ferry RD
Grimstead, VA 23064,936 Old Ferry RD
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Abbey Wright

Abbey Wright

+1(804) 464-8808
$ 450,000
Est. payment | /mo

4 Beds

2 Baths

2,001 SqFt

Save
$ 450,000
Est. payment | /mo
Save

4 Beds

2 Baths

2,001 SqFt

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 August 7 at 3:00 PM. List price is the opening offer amount and may not reflect the final sales price. Property tour is scheduled for July 2nd at 2:00 PM. 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 Gwynn's Island—known as the "Jewel of the Middle Peninsula." With its protected location on Hills Bay and unobstructed western exposure, the property delivers breathtaking sunset views 365 days a year. The existing 2,001 sq ft home (built in 1953, updated in 2024) offers immediate rental income while you design your custom waterfront estate. This well-maintained residence features 11'+ ceilings, updated systems, and proven rental history, making it an ideal turnkey investment. When you're ready to build, you'll have over an acre of pristine waterfront with potential for expansive decks, floor-to-ceiling windows, and private deep-water access for boating. A concept house plan is available to inspire future builds. Accessible only by swing bridge, this exclusive island community of approximately 600 residents offers rare privacy and charm. The protected waters of Hills Bay are perfect for kayaking, fishing, and swimming while offering direct access to the main Bay. Conveniently located just 60 minutes from Williamsburg and Yorktown, 60–90 minutes from Richmond, Norfolk, and Virginia Beach, and 3 hours from Washington DC. The parcel features 200'+ of waterfront, hardwood floors under the carpet, two pull-down attic spaces, an exterior storage shed, R7-One Family Residential zoning, and mature landscaping for added privacy. Mathews County, known as the “Pearl of the Chesapeake,” offers over 200 miles of shoreline and strong year-round rental demand. Gwynns Island combines exclusivity, lifestyle, and investment potential, making this an extraordinary opportunity to own a rare piece of Virginia's most prestigious waterfront community.

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

Central Virginia Regional MLS (CVR MLS)
Listed by Dudley Resources
agent
Abbey Wright

Agent | License ID: 0225208563

+1(804) 464-8808 | awrightrealestate@gmail.com

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936 Old Ferry RD