Listed by: Morgan & Edwards Real Estate (804) 815-8621
“The Little Gray House” – Cutest L’il Cottage at the Bay! Features Great Room Concept and lots of windows to take in the beauty of the Bay and bring that feeling inside the home of Waterfront Living. This Cottage comes furnished all but a few select personal pieces will be removed. This home has an outside shower and the septic system has been just serviced with an annual maintenance. The Lot is fairly private and has a wonderful side screened porch for morning coffee and reading privacy, etc. Large utility room on closed in porch on side of home is fantastic w/ extra bathroom and stack washer/dryer. Thousands of dollars of large rip rap protect the shoreline and the home which is elevated from the Bay. Million Dollar Views. This home has a history as an Air B and B and can rake in the cash while you are not using it for yourself. Very nice full bath and ample kitchen cooking area and room to Relax and Unwind! Small black cast iron heating stove in great room conveys for cozy Fall and Winter Days on the Bay. Year Round Living. Connect with your next holiday here ! A Must SEE !!
All or a portion of the multiple Listing information is provided by the Chesapeake Bay and Rivers MLS (CBRMLS), from a copyrighted compilation of Listings. All Chesapeake Bay and Rivers MLS (CBRMLS) information provided is deemed reliable but is not guaranteed accurate. The listing broker’s offer of compensation if made only to participants of the MLS where the listing is filed. The compilation of Listings and each individual Listing are © 2026 Chesapeake Bay and Rivers MLS (CBRMLS). All rights reserved. Data last updated Saturday, April 18th, 2026 06:51:13 AM.
Data services provided by IDX Broker
| Price: | 425,000 |
| Address: | 298 E Shore Drive |
| City: | Mathews |
| County: | Mathews |
| State: | Virginia |
| Zip Code: | 23109 |
| Subdivision: | Gwynns Island Estate |
| MLS: | 202600484 |
| Year Built: | 1958 |
| Acres: | 0.251 |
| Lot Square Feet: | 0.251 acres |
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| roof: | Composition |
| sewer: | Engineered Septic |
| levels: | One |
| taxLot: | 10 |
| cooling: | Central Air |
| fencing: | None |
| heating: | Electric, Heat Pump |
| stories: | 1 |
| taxYear: | 2025 |
| basement: | Crawl Space |
| flooring: | Ceramic Tile, Partially Carpeted, Vinyl |
| garageYN: | no |
| coolingYN: | yes |
| heatingYN: | yes |
| mlsStatus: | Pending |
| ownership: | Individuals |
| appliances: | Washer/Dryer Stacked, Electric Water Heater, Microwave, Refrigerator, Stove |
| basementYN: | no |
| cityRegion: | Waterfront Residential |
| directions: | Rt. 198 East to L on Rt. 223 to Gwynns Island over bridge. Keep straight into Cherry Point. Keep Straight on to East Shore Drive make L corner on Waterfront there and see subject R 1/4 mile "The Little Grey Cottage" |
| highSchool: | Mathews |
| livingArea: | 724 |
| permission: | Down Payment Resource No, IDX |
| possession: | Close Of Escrow |
| postalCity: | Mathews |
| roomsTotal: | 5 |
| topography: | Level |
| lotFeatures: | Level |
| lotSizeArea: | 0.2505 |
| waterHeater: | Electric |
| waterSource: | Well |
| currentPrice: | 425000 |
| doorFeatures: | Insulated Doors, Sliding Doors |
| lotSizeUnits: | Acres |
| mlsAreaMajor: | 114 - Mathews |
| poolFeatures: | None |
| storiesTotal: | 1 |
| waterfrontYN: | yes |
| ownershipType: | Sole Proprietor |
| waterBodyName: | Chesapeake Bay |
| humanModifiedYN: | yes |
| laundryFeatures: | Stacked |
| otherStructures: | Shed(s) |
| parkingFeatures: | Circular Driveway, No Garage |
| recordSignature: | -653352498 |
| taxAnnualAmount: | 1635.6 |
| elementarySchool: | Mathews |
| exteriorFeatures: | Deck, Lighting, Porch, Storage, Shed |
| interiorFeatures: | Bookcases, Built-in Features, Bedroom on Main Level, Solid Surface Counters |
| irrigationSource: | River |
| livingAreaSource: | Assessor |
| taxAssessedValue: | 272600 |
| yearBuiltDetails: | Actual |
| communityFeatures: | Beach, Boat Facilities, Bulkhead |
| newConstructionYN: | no |
| propertyCondition: | Resale |
| zoningDescription: | RESI |
| architecturalStyle: | Bungalow, Cottage |
| buildingAreaSource: | Assessor |
| propertyAttachedYN: | no |
| waterfrontFeatures: | Bayfront, Bulkhead, Waterfront |
| middleOrJuniorSchool: | Mathews |
| constructionMaterials: | Drywall, Frame, Vinyl Siding, Wood Siding |
| patioAndPorchFeatures: | Screened, Side Porch, Deck, Porch |
| aboveGradeFinishedArea: | 724 |
| propertySubTypeAdditional: | Single Family Residence |