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Colonial Beach 22443
720 BANCROFT AVENUE
$530,000
● House - Off Market

720 BANCROFT AVENUE

COLONIAL BEACH, VA 22443
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,260 Ft²
$2,854
Est. Monthly
4.63%
Cap Rate

About This Property

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.
Unit Size
2,260 Ft²
Days on Market
46 days
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
2010

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Last updated: 2 years ago (Bright MLS #VAWE2008768)

Price History

Date / Event Date Event Price
Jun 16, 2025 Sold
Sold
May 3, 2025 In contract -
In contract
Apr 28, 2025 Listed by Coldwell Banker Elite $525,000
Listed by Coldwell Banker Elite
Oct 8, 2021 No longer available -
No longer available
Nov 19, 2020 Sold
Sold
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 2
  • Total Rooms: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,575
  • Total Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL BEACH
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • Legal Description 1: LOT 5 BK 38 DB 937 PG 2038

Neighborhood

  • School District Name: Colonial Beach Town Public Schools
  • Census Tract: 010402

Zoning

  • Zoning: DB

Geography

  • Account Number: 23789
  • District: 09
  • Parcel: 3A1 2 38 5
  • Block: 38
  • Lot: 5
  • Municipality: TOWN OF COLONIAL BEACH
  • Latitude: 38.2422
  • Longitude: -76.9596

    Address

  • Full Address: 720 Bancroft Ave
  • Address - House Number: 720
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Colonial Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 2706
  • Zip Code: 22443

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,560

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 60
  • Final Value: 351,474
  • High Value: 448,334
  • Low Value: 254,614

    Market Valuation

  • Market Total Value: $81,700
  • Market Improvement Value: $81,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,700
  • Assessed Improvements Value: $81,700

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 09372038
  • Previous Sale Recording Date: Mar 02, 2015
  • Previous Sale Amount: $233,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Colonial Beach


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Nearby Rentals

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530 Monroe Bay Avenue, VA, 22443 Listing by Michael V. Unruh
Unit for rent at 221 Madison Street, COLONIAL BEACH, VA, 22443

$2,500 /mo

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  • 1 Bath
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221 Madison Street, COLONIAL BEACH, VA, 22443 Listing by Deborah E Warford
Unit for rent at 30 Bancroft Avenue, COLONIAL BEACH, VA, 22443

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,026 ft²
30 Bancroft Avenue, COLONIAL BEACH, VA, 22443 Listing by Reamy Douglas Chalkley


Frequently Asked Questions

When was property at 720 Bancroft Avenue built and last sold?
The property at 720 Bancroft Avenue was built in 2010 and last sold on Nov 16, 2020 for $335,000.
How much is this home worth?
The estimated value of the home located at 720 Bancroft Avenue is $0.
What are some comparable homes to 720 Bancroft Avenue?
There are currently no comparable homes to 720 Bancroft Avenue.