42
Map
$494,000
●
House -
For Sale
203 FOREST AVENUE
COLONIAL BEACH, VA 22443
5 Beds
3 Baths
2,900 Ft²
$2,804
Est. Monthly
About This Property
Coastal Living Meets Modern Luxury!
Welcome to your dream home by the sea! This stunning, fully renovated 5-bedroom, 3-full-bathroom residence offers nearly 3,000 square feet of pristine, modern living space. Situated on a generous, almost quarter-acre lot, this property perfectly blends beach-town charm with contemporary sophistication.
Gourmet Kitchen: Completely transformed with brand-new, stylish cabinetry, premium countertops, and sleek finishes perfect for entertaining.
Luxury Bathrooms: All three full baths have been beautifully updated with modern fixtures and designer touches.
Fresh Finishes: Enjoy peace of mind and effortless style with gorgeous new flooring and fresh paint throughout the entire home.
Spacious Living: Five large bedrooms offer ultimate flexibility for a growing family, a home office, or hosting weekend guests.
Expansive Lot: Nestled on nearly a quarter of an acre, the yard provides ample space for outdoor gatherings, gardening, or relaxing in the beach breeze.
Two-Car Garage: The attached two-car garage offers secure parking and abundant extra storage for beach gear, bikes, and tools.
Location, Location, Location: Live where you vacation! Enjoy quick, convenient access to beautiful local beaches, premier dining, and vibrant shopping. Best of all, this modern retreat keeps you connected. Enjoy an easy commute to Richmond, Fredericksburg, Southern Maryland, and beyond. Don't miss the chance to own this turn-key masterpiece.
Schedule your private tour today!
Welcome to your dream home by the sea! This stunning, fully renovated 5-bedroom, 3-full-bathroom residence offers nearly 3,000 square feet of pristine, modern living space. Situated on a generous, almost quarter-acre lot, this property perfectly blends beach-town charm with contemporary sophistication.
Gourmet Kitchen: Completely transformed with brand-new, stylish cabinetry, premium countertops, and sleek finishes perfect for entertaining.
Luxury Bathrooms: All three full baths have been beautifully updated with modern fixtures and designer touches.
Fresh Finishes: Enjoy peace of mind and effortless style with gorgeous new flooring and fresh paint throughout the entire home.
Spacious Living: Five large bedrooms offer ultimate flexibility for a growing family, a home office, or hosting weekend guests.
Expansive Lot: Nestled on nearly a quarter of an acre, the yard provides ample space for outdoor gatherings, gardening, or relaxing in the beach breeze.
Two-Car Garage: The attached two-car garage offers secure parking and abundant extra storage for beach gear, bikes, and tools.
Location, Location, Location: Live where you vacation! Enjoy quick, convenient access to beautiful local beaches, premier dining, and vibrant shopping. Best of all, this modern retreat keeps you connected. Enjoy an easy commute to Richmond, Fredericksburg, Southern Maryland, and beyond. Don't miss the chance to own this turn-key masterpiece.
Schedule your private tour today!
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$170
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
2007
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Bright MLS #VAWE2011900)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2026 | Listed by Coldwell Banker Elite | $494,000 | |
| Listed by Coldwell Banker Elite | |||
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Price Decreased |
$485,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Nov 28, 2025 | Listed by EXP Realty, LLC | $495,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
|
This 5-bed, 3-bath home in Colonial Beach offers nearly 2,900 sq ft of space, a full 2-car garage, and a layout that gives you room to grow. The living room features a cozy fireplace, and the large primary suite includes a sitting area and built-in bookshelves—great for reading, working, or unwinding.
The home does need some updating, but the generous floorplan, natural light from oversized windows, and flexible bedroom options make it an excellent foundation for your personal style and improvements. Whether you envision modern upgrades or simply want extra space, this property gives you the opportunity to create the home you’ve been looking for.
You’ll love the location—close to Wakefield St, Dogwood Ave, and Riverview Dr, with quick access to the waterfront along Beach Ave. The boardwalk, local shops, and restaurants are just minutes away.
If you’ve been searching for a spacious home near the water that you can customize to your taste, this one is worth seeing.
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Property Highlights
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Eat-in Kitchen, Pantry, Walk-In Closet(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Wood Floors
Basement: Other
Exterior Details
Square Footage: 2900
Square Footage Source: $0
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 2007
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Concrete
Lot Size Area: 10173
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10173
Tax Lot: 171
Water Source: Public
Financial Details
Tax Assessed Value: $377,600
Tax Annual Amount: $4,531
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Colonial Beach
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Listed by: Christina Burroughs
Coldwell Banker Elite
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# VAWE2011900
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Coldwell Banker Elite
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# VAWE2011900
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