Back 518 Bancroft Avenue
Off Market

518 Bancroft Avenue

Colonial Beach VA 22443

3
2
1712 sq. ft.
14375 sq. ft.
Single-Family
Last sold for $370,000
Charles RutterCharles Rutter, last sold this property on 29 July 2024 after 176 days on market.

Overview

Nestled in the heart of Colonial Beach, this enchanting 3-bedroom, 1.5-bath residence presents a rare opportunity to own a piece of paradise on a coveted double lot. The heart of the home boasts a welcoming living room that transitions seamlessly into a dining area and a fully equipped kitchen.The rear enclosed porch provides a peaceful retreat for all seasons. This versatile space, with its panoramic windows, ensures natural light while offering shelter from the elements, making it an ideal spot for relaxation or entertainment. With its idyllic location, this property promises the perfect blend of tranquil living and lucrative investment potential, ideal for those aspiring to embrace the beach lifestyle or venture into the Airbnb market. Located mere minutes from the pristine shores of the Potomac River, embrace a lifestyle filled with sun-soaked days, waterfront activities, and picturesque sunsets. This home is an invitation to live the dream of beachside living, with fishing, boating, and swimming all at your doorstep. Beyond the allure of the beach, enjoy the vibrant community of Colonial Beach, with its charming local shops, restaurants, and a calendar brimming with cultural events and festivals. The convenience of being close to major cities like Washington, D.C., and Richmond adds to the appeal, offering the best of both worlds. Don't miss the chance to own this coastal gem in Colonial Beach, where every day feels like a vacation. Whether you're seeking a permanent residence, a vacation home, or a profitable rental property, this home is a beacon of possibilities. Your Coastal Living Awaits ? Discover the Charm of Colonial Beach.

Features

3 bedrooms
2 bathrooms
1712 sq. ft. floor area
14375 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Colonial Beach over the last 12 months, the estimated median property value of 518 Bancroft Avenue is $332k.

Median value
$332k
Estimated value range
$60k - $900k
Median days on market
37
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Colonial Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 518 Bancroft Avenue

2024
Sold
$370,000
29 Jul 2024 by Charles Rutter, of eXp Realty, LLC (E - TR12 - Maryland)

Happy sellers in Colonial Beach

94%
94% of sellers in Colonial Beach reported that their sale price either exceeded or met their price expectations.

Colonial Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Colonial Beach over the last 12 months.

Local market activity for 3 bedroom single-family properties in Colonial Beach

In the last 12 months, 165 three-bedroom single-family properties similar to 518 Bancroft Avenue, have been sold.

This represents a 22% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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