Kilmarnock - Beach Property For Sale #5346393

Discover a rare opportunity to own a prime waterfront property in Virginia's scenic Northern Neck, located just minutes from the charming town of Kilmarnock. Situated on 0.6+/- acre with water on three sides, this property offers breathtaking views of Dividing Creek and the Chesapeake Bay, with outstanding fishing right off your private pier. Whether you're an angler or simply enjoy the tranquility of the water, this location is ideal. The cottage, which has been in the same family for generations, is in poor condition, particularly the older section that's over 100 years old. Extensive renovation or possibly a tear-down is needed, making this a perfect opportunity for those looking to build their dream waterfront home in an area known for its high property values and stunning homes. With a February 2024 appraisal of $618,000, this unique property is being offered at $549,000--$69,000 below appraised value--allowing ample room to invest in renovation or new construction. The property is being sold as-is, with the condition of the structure and mechanical systems unknown. However, the location and unparalleled water access make this property a true gem. If you're looking for a waterfront escape with potential, don't miss your chance to make this special property your own.