PRIME WATERFRONT DEVELOPMENT OPPORTUNITY: 1.045-Acre Chesapeake Bay Sunset Paradise on Gwynns Island

<p><strong>EXCEPTIONAL WATERFRONT DEVELOPMENT OPPORTUNITY</strong></p> <p><strong>936 Old Ferry Road, Gwynn’s Island, Virginia</strong></p> <p><strong>LIVE THE DREAM WHILE YOU PLAN THE DREAM</strong></p> <p><strong>This extraordinary 1.045-acre waterfront parcel represents a once-in-a-lifetime opportunity to secure premium Chesapeake Bay frontage on Virginia&#39;s coveted Gwynns Island - known as the &#34;Jewel of the Middle Peninsula.&#34; With its protected location on Hills Bay and unobstructed western exposure, this property delivers breathtaking sunset views 365 days a year.  ***</strong><em>The first image is a concept house plan designed to inspire future builds on available lots. This design showcases modern architecture with clean lines, expansive windows, and a functional layout. House plans like this can be purchased at <a href="https://coolhouseplan.com/" target="_new" rel="nofollow noopener noreferrer">coolhouseplan.com</a>.***</em></p> <p><strong>IMMEDIATE INCOME &#43; FUTURE DEVELOPMENT POTENTIAL</strong></p> <p><strong>Turn-Key Rental Income: The existing 2,001 sq ft home (built 1953, updated 2024) provides immediate rental income while you design and plan your custom waterfront estate. This well-maintained 1½-story dwelling features recent updates and has proven rental history, making it an instant cash-flowing investment.</strong></p> <p><strong>Prime Development Site: When you&#39;re ready to build your dream home, you&#39;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 water access for boating and water sports.</strong></p> <p><strong>LOCATION ADVANTAGES</strong></p> <p><strong>Gwynns Island Exclusivity: Accessible only by swing bridge, this island community of just 600 residents offers privacy and prestige that&#39;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.</strong></p> <p><strong>Convenient Access:</strong></p> <ul><li><strong>60 minutes from Historic Williamsburg &amp; Yorktown</strong></li><li><strong>60-90 minutes from Richmond, Norfolk, and Virginia Beach</strong></li><li><strong>3 hours from Washington DC metro area</strong></li><li><strong>Direct access from I-95 corridor</strong></li></ul> <p><strong>PROPERTY HIGHLIGHTS</strong></p> <ul><li><strong>1.045 acres of prime waterfront - rare large lot size on the island</strong></li><li><strong>Protected western exposure on Hills Bay/Piankatank River</strong></li><li><strong>365-day sunset views - unobstructed western horizon</strong></li><li><strong>Turn-key rental home providing immediate income potential</strong></li><li><strong>Recent property updates (April 2024) ensure move-in readiness</strong></li><li><strong>Proven appreciation - assessed value increased 6.2% in 2024 alone</strong></li></ul> <p><strong>INVESTMENT OPPORTUNITY</strong></p> <p><strong>This property offers the best of both worlds: immediate income generation from the existing home while you hold one of the most desirable development sites on the Chesapeake Bay. Whether you envision a grand estate, luxury vacation rental, or family compound, this protected waterfront location with sunset views provides the perfect canvas.</strong></p> <p><strong>WHY GWYNNS ISLAND?</strong></p> <p><strong>Mathews County boasts over 200 miles of Chesapeake Bay shoreline and is renowned as the &#34;Pearl of the Chesapeake.&#34; Gwynns Island represents the crown jewel of this region, offering:</strong></p> <ul><li><strong>Exclusive island living with controlled access</strong></li><li><strong>World-class fishing and boating on the Chesapeake Bay</strong></li><li><strong>Annual Gwynns Island Festival (last weekend in June)</strong></li><li><strong>Sandy beaches along the eastern Bay frontage</strong></li><li><strong>Strong vacation rental market with year-round appeal</strong></li><li><strong>Stable, appreciating property values in limited inventory market</strong></li></ul> <p><strong>DEVELOPMENT POTENTIAL</strong></p> <p><strong>The generous 1.045-acre size provides ample space for:</strong></p> <ul><li><strong>Custom waterfront estate with panoramic Bay views</strong></li><li><strong>Turn Key Rental for immediate income</strong></li><li><strong>Pool and outdoor entertaining areas</strong></li><li><strong>Mature landscaping and privacy screening</strong></li><li><strong>Workshop or storage buildings</strong></li></ul> <p><strong>READY TO BUILD YOUR LEGACY?</strong></p> <p><strong>Properties of this caliber on Gwynn’s Island are extraordinarily rare. The combination of size, location, water views, and immediate income potential creates a truly unique opportunity for the discerning buyer seeking the ultimate Chesapeake Bay lifestyle.</strong></p> <p><strong>Don&#39;t miss your chance to own a piece of Virginia&#39;s most exclusive waterfront community.</strong></p>   <p><strong><em>Property will be sold at auction to the highest bidder subject to seller confirmation. All information deemed reliable but not guaranteed. Buyer to verify all details. Property sold as-is, where-is.</em></strong></p> <p> </p> <p><em>The first image is a concept house plan designed to inspire future builds on available lots. This design showcases modern architecture with clean lines, expansive windows, and a functional layout. House plans like this can be purchased at <a href="https://coolhouseplan.com/" target="_new" rel="nofollow noopener noreferrer">coolhouseplan.com</a>.</em></p> - Lot 1