Coming soon
$6,293 Closing Credit¹
#VAWE2008320, Matthew Steven Petrey, Listing Office: EXP Realty, LLC
$525,000 List price
720 Bancroft Ave Colonial Beach, VA 22443
$6,234
Closing credit¹
3 beds
2 full
2,260 sqft
$232 / sqft
House
Property details
About 720 Bancroft Ave
Welcome to 720 Bancroft Avenue! Ideally located just two blocks from Monroe Bay and the Potomac River, this unique property offers flexible living space and a prime location in one of Colonial Beach’s most sought-after areas. The main home features an inviting covered front porch and an open-concept kitchen, dining, and living area, perfect for gathering with family and friends. Two bedrooms and a full bath are located on the main level, while the entire upstairs is dedicated to the primary owner's suite — complete with a spacious bedroom, full bath, living room, office nook, and a Juliette balcony offering a true private retreat. The 800 sqft detached addition/guest house expands the possibilities, currently used as a game room with a kitchenette, full bathroom, and a loft-style bedroom. This flexible space is ideal for multi-generational living, an in-law suite, or even an income-producing rental. Outdoor amenities include a custom gazebo, fire pit, swings, and a storage shed, all within a private and low-maintenance setting. Whether you're looking for a full-time residence, a weekend beach house, or a property with rental potential, this home fits the bill. Located just minutes by golf cart to the beach, boardwalk, pier, restaurants, and boutique shops of downtown Colonial Beach.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,260 sqft
Year built2005
ParkingDriveway,Off Street
MLS #VAWE2008768
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
- Basement: No
- Flooring Type: Laminated, Other
- Interior: Combination Kitchen/Dining, Combination Dining/Living, Entry Level Bedroom
- Total Bedroom Count: 3
- Parking: Driveway,Off Street
- Architectural Style: Coastal
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $525,000
- Price/SqFt: $232
- Annual Tax Amount: $1,405
- Tax Year: 2023
- Directions: Colonial Ave, right on Washington Ave, right onto boundary street to immediate left onto Bancroft Ave, house on left
- Year Built: 2005
- Stories: 2
- Living Area: 2,260 SqFt
- MLS Number: VAWE2008768
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Elite
- Office Phone: (540) 469-4300
- Office Email: kbreen@coldwellbanker.com
- Listing Agent: Jessica L Anthony
- Agent Phone: (804) 761-2584
- Agent Email: janthony@coldwellbankerelite.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 5:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
720 Bancroft Ave
$6,234
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 19, 2020 | Home Sold | $335,000 |
| Mar 02, 2015 | Home Sold | $233,500 |
| Jul 31, 2009 | Home Sold | $265,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $81,700 | $1,405 |
| 2022 | $81,700 | $1,405 |
| 2020 | $250,200 | $1,175 |
| 2018 | $250,200 | $1,576 |
| 2017 | $250,200 | $975 |
History based on county public records data.
Nearby schools
5
Washington District Elementary School
Public District PK-5
4.9 mi
•454 Oak Grove Rd
5
Dr. Thomas L. Higdon Elementary School
Public District PK-5
8.2 mi
•12872 Rock Point Rd
6
Potomac Elementary School
Public District KG-6
8.2 mi
•16495 15th Street
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,750. Typical income of Colonial Beach, VA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
22%
<35k
58%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
7%
Single, with Kids
33%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
13%
18-34 yrs old
51%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
NASCAR
Where do the neighbors shop?
Kmart
Stein Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Bob Evans
Arbys
Dominos Pizza
What do the neighbors drive?
Buick
Lincoln
GMC
What do the neighbors listen to?
Oldies
Adult Standards
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 720 Bancroft Ave
The listing price of 720 Bancroft Ave property is $525,000.
The property 720 Bancroft Ave is a house located in Colonial Beach, Virginia, 22443.
Active Listing: 720 Bancroft Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 720 Bancroft Ave are: Washington District Elementary School (GreatSchools Rating 5/10), Dr. Thomas L. Higdon Elementary School (GreatSchools Rating 5/10), Potomac Elementary School (GreatSchools Rating 6/10), Colonial Beach Elementary School (GreatSchools Rating 5/10), Piccowaxen Middle School (GreatSchools Rating 7/10), King George Middle School (GreatSchools Rating 5/10), Colonial Beach High School (GreatSchools Rating 3/10), Washington & Lee High School (GreatSchools Rating 3/10), King George High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,405 (source: MLS/based on county public records data).
The last sale was on November 19, 2020 for $335,000 (source: MLS/tax record).
The property at 720 Bancroft Ave has 3 bedrooms and 2 bathrooms.
The property 720 Bancroft Ave is 2,260 SqFt (source: MLS/tax record).
The year of construction for 720 Bancroft Ave is 2005.
This home is located at 720 Bancroft Ave in Colonial Beach, VA and zip code 22443. This 2,260 square foot home was built in 2005. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $525,000.
In March 2025, from all listings sold in Colonial Beach, VA there were more than 3 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. In March 2025 in Colonial Beach, VA there were 33.7% more homes for sale than in February. In March 2025 median list price was $323,200 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.