Island living meets opportunity at 8261 Bay View Lane on beautiful Chincoteague Island! Situated on two separately deeded lots, each at 2100 sq feet, totaling exceptional flexibility and value, this unique property offers the perfect coastal retreat, vacation getaway, investment opportunity, or future expansion potential. Step inside and enjoy recent upgrades that provide comfort and peace of mind, including energy-efficient mini-split systems, upgraded electrical service, and a modernized laundry area. Outside, relax beneath the retractable awning while enjoying refreshing island breezes and the laid-back lifestyle Chincoteague is famous for. Even better, both lots offer water and septic, creating rare possibilities for future development, guest accommodations, additional outdoor living space, or simply extra room to spread out and enjoy. Located on Virginia's beloved Chincoteague Island, you'll be just minutes from pristine beaches, boating, fishing, kayaking, marinas, waterfront dining, boutique shops, and the world-famous Chincoteague Ponies. Explore nearby Assateague Island National Seashore, where miles of untouched beaches, wildlife trails, breathtaking sunsets, and abundant wildlife create a truly unforgettable coastal experience. Whether you're searching for a full-time residence, vacation home, or investment property, 8261 Bay View Lane delivers the island lifestyle you've been dreaming about—with valuable infrastructure already in place and endless possibilities for the future.