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For sale
    • Price cut: $10K (5/27)
    $545,000

    33529 Watts Bay Dr, Wallops Island, VA 23337

    3beds
    2,772sqft
    : 
    $3,195/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    5.17 Acres Lot
    $-- Zestimate®
    $197/sqft
    $-- HOA

    What's special

    Warm wood interiorsGas wood stove
    Tucked away on 5.17 acres in Watts Bay, this log cabin offers space, privacy, and a setting that's hard to find. Just over a mile from Wallops Island and NASA's flight facility. The home features 2 bedrooms, 2 full baths, and a versatile loft overlooking the main living area, with skylights and expansive windows bringing in abundant natural light throughout. Warm wood interiors are complemented by multiple heating options, including a gas wood stove, a wood stove in the finished basement, and a pellet stove in the sunroom creating comfortable living across all seasons. The bedroom and loft are equipped with brand new mini split systems for efficient heating and cooling. Enjoy outdoor living from the wraparound porch, with plenty of room to take in the surrounding acreage. The finished basement adds flexible space for recreation, guests, or storage. A 2-car garage and an additional shed provide ample room for equipment, hobbies, or workshop needs. A rare opportunity to own a private acreage property in close proximity to major employers, the shoreline, and Chincoteague Island.
    74 days
    |
    706
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Whittington 443-397-0451,

    eXp Realty 866-825-7169

    Source: Eastern Shore AOR,MLS#: 71438MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Dining room
      • Features: Breakfast Room, Eat-in Kitchen
      Heating
      • Wood, Other
      Cooling
      • Other
      Appliances
      • Included: Range, Microwave, Dishwasher, Refrigerator, Water Conditioner, Washer, Dryer, Gas Water Heater
      Features
      • 1st Floor Bedroom
      • Has basement: Yes
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 2,772
      • Total interior livable area: 2,772 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Two Car, Detached
      • Garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Deck, Porch
      • Fencing: Fenced
      • Body of water: None
      Lot
      • Size: 5.17 Acres
      • Dimensions: 5.17
      • Features: 5-9.0 acres +/-
      • Residential vegetation: Partially Wooded
      Details
      • Additional structures: Shed/Barn, Guest House
      • Parcel number: 028000400000500
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow,Other
      • Property subtype: Single Family Residence
      Materials
      • Log Siding
      • Foundation: Basement
      Condition
      • 15-30 yrs +/-
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Watts Bay Estates
      Location
      • Region: Wallops Island

      Financial & listing details

      • Price per square foot: $197/sqft
      • Tax assessed value: $338,200
      • Annual tax amount: $1,806
      • Date on market: 5/18/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/27/2026Price change$545,000-1.8%$197/sqft
        Source: Bright MLS #VAAC2002814 Report a problem
        4/25/2026Listed for sale$555,000$200/sqft
        Source: Bright MLS #VAAC2002814 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,806 +10.3%$338,200
        2024$1,637 +2.6%$338,200 +26.1%
        2023$1,596 +0%$268,200
        2022$1,596 +17.7%$268,200 +20.6%
        2021$1,356 $222,300
        2020$1,356 +6.4%$222,300 +6.4%
        2019$1,274 0%$208,900
        2018$1,274 -1.9%$208,900 -1.9%
        2017$1,299 $212,900
        2016$1,299 +3.3%$212,900 -1.8%
        2015$1,257 $216,800
        2014$1,257 $216,800 -6.3%
        2013$1,257 +2.5%$231,400
        2012$1,226 +13.2%$231,400 -1.8%
        2011$1,084 +25.9%$235,600 +25.9%
        2010$861 $187,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 23337

        Getting around

        4 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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