# 7023 MADDOX BLVD, Chincoteague, VA 23336 > **TL;DR:** commercial, $1,900,000 ($209/sqft), built 1980, 9,072 sqft. Est. $10,161/mo. Listed 358 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,900,000 | | Price/sqft | $209 | | Square Feet | 9,072 | | Year Built | 1980 | | Lot Size | 41,382 sqft (0.95 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 358 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $9,607 | | Estimated Insurance | $554 | | **Total** | **$10,161** | ## Property Highlights - Built in 1980 - 0.95 acre lot ## Description ### Agent Description Exceptional Investment Opportunity! Discover The Reef Hotel, a boutique hotel on beautiful Chincoteague Island, VA- 1 mile from one of the most visited National Parks in the Country. This well-maintained hotel features 12 spacious villas & 2 charming guest cottages, offering a total of 14 income-generating accommodations. Guests can enjoy an indoor heated swimming pool, allowing the property year-round revenue. Ideally situated 1 mile from the National Wildlife Refuge & the pristine Assateague beaches, the property is centrally located on Maddox Blvd & all the Island's attractions. This is an outstanding opportunity for investors seeking an established & thriving hospitality business in a sought-after vacation destination. Don't miss out on this rare chance to own a premier property! ## Location - **Address:** 7023 MADDOX BLVD, Chincoteague, VA 23336 - **Neighborhood:** CHINCOTEAGUE - **Coordinates:** 37.9256742, -75.3538571 - **Google Maps:** https://www.google.com/maps?q=37.9256742,-75.3538571 ## Virtual Tour & Media - **Video Tour:** tour.usamls.net/7023-Maddox-Blvd-Chincoteague-VA-23336/unbranded ## Listing Agent - **Name:** Jenny Barker - **Brokerage:** Coastal Shore Real Estate - Chincoteague - **Broker Phone:** 7573365100 ## Photos ![7023 MADDOX BLVD - Photo 1](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4007630237r.jpg) ![7023 MADDOX BLVD - Photo 2](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2189845866r.jpg) ![7023 MADDOX BLVD - Photo 3](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3304451309r.jpg) ![7023 MADDOX BLVD - Photo 4](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3491680721r.jpg) ![7023 MADDOX BLVD - Photo 5](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3820851721r.jpg) ![7023 MADDOX BLVD - Photo 6](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f44058876r.jpg) ![7023 MADDOX BLVD - Photo 7](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f896768375r.jpg) ![7023 MADDOX BLVD - Photo 8](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2283446333r.jpg) ![7023 MADDOX BLVD - Photo 9](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2114997385r.jpg) ![7023 MADDOX BLVD - Photo 10](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f972986587r.jpg) ![7023 MADDOX BLVD - Photo 11](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3990415854r.jpg) ![7023 MADDOX BLVD - Photo 12](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f236319832r.jpg) ![7023 MADDOX BLVD - Photo 13](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1874037274r.jpg) ![7023 MADDOX BLVD - Photo 14](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f440618470r.jpg) ![7023 MADDOX BLVD - Photo 15](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3800221673r.jpg) ![7023 MADDOX BLVD - Photo 16](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f624388481r.jpg) ![7023 MADDOX BLVD - Photo 17](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1548370072r.jpg) ![7023 MADDOX BLVD - Photo 18](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3771478311r.jpg) ![7023 MADDOX BLVD - Photo 19](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1163804464r.jpg) ![7023 MADDOX BLVD - Photo 20](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2227742105r.jpg) ![7023 MADDOX BLVD - Photo 21](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1031371184r.jpg) ![7023 MADDOX BLVD - Photo 22](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1438831266r.jpg) ![7023 MADDOX BLVD - Photo 23](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2435997691r.jpg) ![7023 MADDOX BLVD - Photo 24](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4232745144r.jpg) ![7023 MADDOX BLVD - Photo 25](http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4149261695r.jpg) --- **MLS#:** 65438 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 Eastern Shore Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c#listing", "url": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c", "name": "7023 MADDOX BLVD, Chincoteague, VA 23336", "description": "Exceptional Investment Opportunity! Discover The Reef Hotel, a boutique hotel on beautiful Chincoteague Island, VA- 1 mile from one of the most visited National Parks in the Country. This well-maintained hotel features 12 spacious villas & 2 charming guest cottages, offering a total of 14 income-generating accommodations. Guests can enjoy an indoor heated swimming pool, allowing the property year-round revenue. Ideally situated 1 mile from the National Wildlife Refuge & the pristine Assateague beaches, the property is centrally located on Maddox Blvd & all the Island's attractions. This is an outstanding opportunity for investors seeking an established & thriving hospitality business in a sought-after vacation destination. Don't miss out on this rare chance to own a premier property!", "image": [ "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4007630237r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2189845866r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3304451309r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3491680721r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3820851721r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f44058876r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f896768375r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2283446333r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2114997385r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f972986587r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3990415854r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f236319832r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1874037274r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f440618470r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3800221673r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f624388481r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1548370072r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3771478311r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1163804464r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2227742105r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1031371184r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1438831266r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2435997691r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4232745144r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4149261695r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4007630237r.jpg", "caption": "7023 MADDOX BLVD - Chincoteague, VA" }, "datePosted": "2025-11-08", "dateModified": "2026-10-23T09:24:22.198Z", "mainEntity": { "@type": "Place", "@id": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c#property", "name": "7023 MADDOX BLVD, Chincoteague, VA 23336", "address": { "@type": "PostalAddress", "streetAddress": "7023 MADDOX BLVD", "addressLocality": "Chincoteague", "addressRegion": "VA", "postalCode": "23336", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 37.9256742, "longitude": -75.3538571 }, "image": [ "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4007630237r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2189845866r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3304451309r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3491680721r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3820851721r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f44058876r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f896768375r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2283446333r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2114997385r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f972986587r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3990415854r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f236319832r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1874037274r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f440618470r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3800221673r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f624388481r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1548370072r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f3771478311r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1163804464r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2227742105r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1031371184r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f1438831266r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f2435997691r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4232745144r.jpg", "http://lh.rdcpix.com/8c4f3172baa37802653e129afd56e533l-f4149261695r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "65438" }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.95 acres" }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" }, { "@type": "PropertyValue", "name": "Property Type", "value": "Commercial" } ] }, "offers": { "@type": "Offer", "@id": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c#offer", "url": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c", "price": 1900000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c#agent" } }, "provider": { "@type": "Person", "@id": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c#agent", "name": "Jenny Barker", "worksFor": { "@type": "Organization", "@id": "https://staging.propertysimple.ai/listing/7023-maddox-blvd-chincoteague-va-23336-271bd6dbc7a34b39b0015d1542f63b4c#brokerage", "name": "Coastal Shore Real Estate - Chincoteague", "telephone": "7573365100" } } } ```