$4,144 Closing Credit¹
#2423311, Peggy Sue Long, Listing Office: Long & Foster Real Estate
#2515076·
Listing office: Dudley Resources·
Listing agent: Chip Jones·
Listing office phone: (804) 709-1954
$450,000 List price
936 Old Ferry Rd Grimstead, VA 23064
$5,344
Closing credit¹
4 beds
2 full
2,001 sqft
1.0 acres
$225 / sqft
House
Property details
About 936 Old Ferry Rd
Subject to Online Sale ending July 10 @ 2:00 PM, List price is opening offer amount and may not reflect the final sales price. Property tour is scheduled for July 2nd @ 2PM. Seller is considering presale offers. This extraordinary 1.045-acre waterfront parcel represents a once-in-a-lifetime opportunity to secure premium Chesapeake Bay frontage on Virginia's coveted Gwynns Island - known as the "Jewel of the Middle Peninsula." With its protected location on Hills Bay and unobstructed western exposure, this property delivers breathtaking sunset views 365 days a year. Turn-Key Rental Income: The existing home (built 1953, updated 2024) provides immediate rental income while you design and plan your custom waterfront estate. When you're ready to build your dream home, you'll have over an acre of pristine waterfront to work with. Imagine floor-to-ceiling windows capturing those legendary Chesapeake sunsets, expansive decks overlooking the protected waters, and your private deep-water access for boating. Gwynns Island Exclusivity: Accessible only by swing bridge, this island community of just 600 residents offers privacy and prestige that's increasingly rare. The protected waters of Hills Bay provide calmer conditions perfect for kayaking, fishing, and swimming, while still offering direct access to the main Chesapeake Bay. 60 minutes from Williamsburg & Yorktown 60-90 min from Richmond, Norfolk, and Virginia Beach 3 hours from Washington DC. Immediate income generation from the existing home while you hold one of the most desirable development sites on the Chesapeake Bay. WHY GWYNNS ISLAND? Mathews County boasts over 200 miles of Chesapeake Bay shoreline and is renowned as the "Pearl of the Chesapeake." Gwynns Island represents the crown jewel of this region. Properties of this caliber on Gwynn’s Island are extraordinarily rare. The combination of size, location, water views, and immediate income potential creates a unique opportunity for those seeking the ultimate Chesapeake Bay lifestyle.
Highlights
Home typeSingle Family Residence
HeatingElectric, Forced Air
StatusActive
CoolingCentral Air, Other
Size2,001 sqft
BasementYes
Lot size1.04 Acres
Year built1953
ParkingOff Street, Shared Driveway
MLS #2515076
WaterfrontBay Front, Water Access, Waterfront
ViewWater
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 4
- Private Pool: No
- Parking: Off Street, Shared Driveway
- Waterfront: Bay Front, Water Access, Waterfront
- View: Water
- Architectural Style: Cape Cod
- Heating: Electric, Forced Air
- Cooling: Central Air, Other
- List Price: $450,000
- Price/SqFt: $224
- Annual Tax Amount: $2,393
- Tax Year: 2024
- Lot: Waterfront
- Directions: VA 198 W, to right on VA 223 N, continue straight on VA-633 Old Ferry Rd, property is on the right.
- Year Built: 1953
- Stories: 2
- Living Area: 2,001 SqFt
- Lot Size: 1.04 Acres
- MLS Number: 2515076
- MLS Name: CVR
- Office Name: Dudley Resources
- Office Phone: (804) 709-1954
- Office Email: info@dudleyresources.com
- Listing Agent: Chip Jones
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. 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: 5/30/2025, 6:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
936 Old Ferry Rd
$5,344
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 15, 2024 | Home Sold | $220,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $427,400 | $2,393 |
| 2023 | $401,700 | $2,249 |
| 2022 | $267,100 | $1,709 |
| 2021 | $267,100 | $1,722 |
| 2020 | $267,100 | $1,722 |
| 2019 | $267,100 | $1,722 |
| 2018 | $267,100 | $1,535 |
| 2017 | $267,100 | $1,535 |
History based on county public records data.
Nearby schools
4
Lee-Jackson Elementary School
Public District PK-4
4.6 mi
•347 Church St # RT611
4
Middlesex Elementary School
Public District PK-5
12.6 mi
•823 Philpot Rd
6
Botetourt Elementary School
Public District PK-5
13.8 mi
•6361 Main St
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 $62,500. Most Grimstead, VA residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
24%
<35k
53%
35k-100k
24%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
6%
Single, with Kids
41%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
10%
18-34 yrs old
38%
35-64 yrs old
35%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dollar General
Dick's Sporting Goods
Where do the neighbors go to eat?
Cracker Barrel
Applebees
Texas Roadhouse
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
All data provided by Home Junction and Claritas
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$7,422 Closing Credit¹
#2513284, Peggy Sue Long, Listing Office: Long & Foster Real Estate
Frequently asked questions
About 936 Old Ferry Rd
The listing price of 936 Old Ferry Rd property is $450,000.
The property 936 Old Ferry Rd is a house located in Grimstead, Virginia, 23064.
Active Listing: 936 Old Ferry Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 936 Old Ferry Rd are: Lee-Jackson Elementary School (GreatSchools Rating 4/10), Middlesex Elementary School (GreatSchools Rating 4/10), Botetourt Elementary School (GreatSchools Rating 6/10), Thomas Hunter Middle School (GreatSchools Rating 3/10), St. Clare Walker Middle School (GreatSchools Rating 5/10), Page Middle School (GreatSchools Rating 6/10), Mathews High School (GreatSchools Rating 4/10), Gloucester High School (GreatSchools Rating 6/10), Middlesex High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,393 (source: MLS/based on county public records data).
The last sale was on May 15, 2024 for $220,000 (source: MLS/tax record).
The property at 936 Old Ferry Rd has 4 bedrooms and 2 bathrooms.
The property 936 Old Ferry Rd is 2,001 SqFt (source: MLS/tax record).
The year of construction for 936 Old Ferry Rd is 1953.
This home is located at 936 Old Ferry Rd in Grimstead, VA and zip code 23064. This 2,001 square foot home, which was built in 1953, sits on a 1.04 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $450,000.
From Rocket Homes Real Estate and based on county public records data.