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For sale
  • $2,495,000

    306 Bay Ave, Cape Charles, VA 23310

    5beds
    5,000sqft
    : 
    $14,390/mo
    Get pre-qualified
    Single Family Residence
    Built in 1914
    0.47 Acres Lot
    $-- Zestimate®
    $499/sqft
    $-- HOA

    What's special

    Sun-drenched family roomFenced-in backyardCopper guttersSlate roofBrick patiosQuartz countersPrivate well
    THE CROWN JEWEL OF BAY AVENUE: A Modernized 3.5-Lot Legacy Estate overlooking the Chesapeake Bay and Cape Charles beach. Experience "Bayholme," a 1914 brick masterpiece that stands as the most significant residential offering in the history of Cape Charles. Situated on an unprecedented 3.5 lots—nearly double the land of neighboring estates—this property offers a level of privacy, scale, and modern infrastructure that is simply impossible to replicate. A MASTERCLASS IN HISTORIC LUXURY From the iconic columns—restored with custom mahogany bases (2017)—to the 900+ sq. ft. wrap-around porch, Bayholme commands attention. Inside, 10.5-foot ceilings, original pocket doors, and a grand foyer staircase anchor the home. The main level features a forward-thinking open flow designed for grand-scale entertaining, featuring a formal dining room, cocktail lounge with gas fireplace, a designer guest powder room, and a sun-drenched family room. Architectural integrity is preserved with a slate roof, copper gutters, and updated double-pane windows. CHEF'S KITCHEN & HOSPITALITY PANTRY Reimagined for the modern host (2023-2025), the kitchen features Quartz counters, floor-to-ceiling custom cabinetry, a 42" SubZero refrigerator, and Miele dishwasher. The 2023 Hospitality Pantry features black marble, a large sink, custom cabinetry, and wine refrigeration. Off the kitchen, a cozy back porch leads to the fenced-in backyard, creating a seamless transition to the outdoor oasis. THE SECOND LEVEL & SPA-PRIMARY SUITE The second floor features five generous bedrooms and the home's second private balcony overlooking the Bay. The Primary Suite is a true sanctuary, featuring custom built-ins and a decorative original fireplace. The 2018 Primary Spa renovation is a masterpiece of design, offering heated floors and shower seating, an ADA-compliant shower with spray system, a freestanding soaking tub, custom cabinetry, and a premium Toto heated bidet. THE PENTHOUSE SANCTUARY (3RD FLOOR) The entire 3rd floor is a 5-star destination featuring a high-end home theater (2023 system), a full kitchenette, gym/office, and a full bath with a Jacuzzi. This level maximizes guest capacity with custom window-seat beds and leads to the highest private balcony on Bay Avenue for unobstructed sunset views. SUPERIOR INFRASTRUCTURE & PEACE OF MIND ELECTRICAL: Heavily updated with modern Romex wiring in all high-load areas (Kitchen, 3rd Floor, Primary Suite, and Garage). HVAC: 3 high-capacity heat pumps (1st floor NEW July 2025) plus a NEW 2026 propane furnace. MASSIVE BASEMENT: One of the home's greatest assets is the expansive, full-footprint basement. Comprising four large rooms with professional storage shelving, it is a storage powerhouse. The basement is equipped with dual sump pumps and a dedicated dehumidifier for total peace of mind. A service stairwell off the pantry leads to a direct-access door to the backyard, creating a perfect "mudroom flow" for beach gear and pets. ESTATE GROUNDS, PARKING & OUTDOOR OASIS Directly across from the beach, the 3.5-lot grounds feature a comprehensive exterior French drain system. The estate includes a private well and Rain Bird irrigation for curated native gardens. The private backyard is an entertainer's dream, featuring brick patios, an Ipe deck, and a luxury outdoor shower with hot/cold water. Storage and parking are unrivaled: an epic 10+ vehicle driveway leads to a detached 2-car garage with rear alley access for golf cart, a massive 10'x20' workshop/kayak storage, and a hard-wired Tesla Charger. RECENT CAPITAL IMPROVEMENTS: 2026: New Propane Furnace & On-Demand Tankless Water Heater 2025: New 1st Floor HVAC (July 2025) 2023: Kitchen/Hospitality Pantry Reno & 2023 Theater System 2023: Maintenance-free Azek Decking & Stairs 2021: 42" SubZero French-Door Refrigerator 2018: Spa-Primary Suite Renovation (Heated Floors/Toto Bidet) 2017: Mahogany Column Base Restoration Updated electrical
    71 days
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    1,343
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    58
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    Zillow last checked:

    Listing updated:

    Listed by:

    Khyber Rooney-Rabdau 757-678-3431,

    Real Broker LLC 855-450-0492

    Source: Eastern Shore AOR,MLS#: 71425MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Great Room, Dining Room
      Dining room
      • Features: Eat-in Kitchen, Dining Room, Dining Area, Bar
      Heating
      • Radiator, Electric, Propane
      Cooling
      • Heat Pump, Central Air
      Appliances
      • Included: Range, Oven, Microwave, Dishwasher, Disposal, Refrigerator, Range Hood, Washer, Dryer, Freezer, Gas Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Wet Bar, Walk-In Closet(s)
      • Doors: Storm Door(s)
      • Windows: Window Treatments, Double Pane Windows, Storm Window(s)
      • Has basement: Yes
      • Attic: Storage
      • Number of fireplaces: 2
      • Fireplace features: Two Fireplaces, Living Room, Bedroom
      Interior area
      • Total structure area: 5,000
      • Total interior livable area: 5,000 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage, Multi- Car, Detached, Garage Door Opener, Paved
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Patio & porch: Patio, Deck, Porch
      • Fencing: Fenced
      • Has water view: Yes
      • Water view: Water
      • Body of water: Chesapeake Bay
      Lot
      • Size: 0.47 Acres
      • Dimensions: 0.474
      • Features: <.5 acre +/-
      Details
      • Additional structures: Workshop, Tool House
      • Parcel number: 83A32710

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Basement
      • Roof: Slate,Age 10 yrs +/-
      Condition
      • 100 yrs +/-
      • New construction: No
      • Year built: 1914

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Well, Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Cape Charles Incorp.
      Location
      • Region: Cape Charles

      Financial & listing details

      • Price per square foot: $499/sqft
      • Tax assessed value: $634,600
      • Annual tax amount: $374
      • Date on market: 5/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/15/2026Listed for sale$2,495,000-19.5%$499/sqft
        Source: Eastern Shore AOR #71425 Report a problem
        11/8/2025Listing removed$3,100,000$620/sqft
        Source: Eastern Shore AOR #64525 Report a problem
        8/9/2025Price change$3,100,000-11.3%$620/sqft
        Source: Eastern Shore AOR #64525 Report a problem
        6/30/2025Price change$3,495,000-10.4%$699/sqft
        Source: Eastern Shore AOR #64525 Report a problem
        6/6/2025Listed for sale$3,900,000+1344.4%$780/sqft
        Source: Eastern Shore AOR #64525 Report a problem
        8/3/1999Sold$270,000$54/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017$374 +32.4%$634,600 +8.6%
        2016$282 $584,300
        2015$282 $584,300 -39.4%
        2011-- $964,200
        2010-- $964,200
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 23310

        Getting around

        59 / 100
        Somewhat Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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