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$850,000
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Property Description
Top-Rated Historic B&B in Prime Location-Turnkey!! Miss Molly's Inn is a well-established, top-rated bed and breakfast located in the heart of downtown Chincoteague Island, Virginia. Marguerite Henry wrote her famous children's book "Misty of Chincoteague" at Miss Molly's in 1946 which draws many guests. In continuous operation as a B&B since 1984, this turnkey property offers 7 uniquely decorated guest rooms, each with private bath, upgraded luxury linens, smart TVs, high-speed internet, and new mini-split air conditioning-providing Victorian charm with all the modern comforts. Guests enjoy spacious common areas, a cozy foyer with working fireplaces, and beautiful outdoor spaces including a mature English garden, private courtyard, screened porch, and classic wraparound front porch. Just steps from shops, dining, and popular island attractions, the inn enjoys strong repeat business and year-round appeal. Fully furnished and equipped, Miss Molly's Inn is ready for new owners to step in and continue its legacy of hospitality-with additional potential for future growth through event programming or expanded offerings.
Full Property Details
Full Property Details for 4141 Main St
General
- Sold For: $850,000
- Taxes: $3,241 (2022)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VAAC2001568
- Added to Site: 368 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
- Main Floor Baths: 7
- Main - Full Baths: 7
Bedrooms
- Total Bedrooms: 7
- Bedrooms Main & Up: 7
Parking
- Parking Type: Parking Lot
Location
- County: ACCOMACK
- Subdivision: CHINCOTEAGUE
- Driving Directions: Entering island from bridge, turn right on Main Street. Proceed to 4141 Main St. Property is on the right just before downtown.
- City Limits: Yes
School Information
- School District: Accomack County Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Public
Structural Information
- Architectural Style: Victorian
- Structure Type: Detached
- Construction: Combination
- Foundation: Crawl Space
- Stories Description: Main
- Square Feet: 2,750
- Sq. Ft. Source: Assessor
- Living Area: 2,750 Sq. Ft.
- Finished Above Grnd: 2,750 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,900
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL & COMMERCIAL
Water Features
- Water Front Type: Bay
Financial Considerations
- Price Per Sq. Ft.: $318.18
- Assessment Year: 2022
- City/TownTax Freq: Annually
- County Tax: $3,241
- County Tax Freq: Annually
- Tax w/Assessment: $696,900
- Tax Amount: $3,241
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2750
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 409
Listed and Sold by Beach Bay Realty, Angela Abell
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Schools
Schools serving 4141 Main St
School District:Accomack County Public Schools
| Name | Grades | Distance |
|---|---|---|
Chincoteague Elementary School 6078 Hallie Whealton Smith Drive, Chincoteague, VA 23336 | PK-5 | 1 mi |
Chincoteague High School 4586 Main Street, Chincoteague, VA 23336 | 6-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4141 Main St
Date
Details
Price
Change
Source
1/06/2026
Sold
$850,000
-2.86%
MLS
6/03/2025
Price Reduced
$875,000
-2.23%
MLS
1/13/2025
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4141 Main Street, Chincoteague Island, VA 23336 (MLS# VAAC2001568) is a Single Family property that was sold at $850,000 on January 06, 2026. Want to learn more about 4141 Main Street? Do you have questions about finding other Single Family real estate for sale in Chincoteague Island? You can browse all Chincoteague Island real estate or contact a Coldwell Banker agent to request more information.
