Land with Home for Sale in Cape Charles, Virginia

Nestled along the peaceful shores of Lake Allure, this enchanting Tudor-style retreat offers a rare opportunity to own both a beautiful residence and an income-producing property near Cape Charles. Surrounded by lush landscaping and the tranquil beauty of the lake, the setting feels truly magical - the perfect escape for relaxation, creativity, or waterfront living. This thoughtfully renovated one-level home features four bedrooms which includes a separate detached guest cottage, offering exceptional flexibility for personal use or short-term rental income. Recently introduced as an Airbnb, the property has already generated substantial rental revenue, with the main residence and guest cottage successfully rented independently or together to maximize income potential. Ideally located within easy reach of Norfolk and Virginia Beach and just a short drive to historic Cape Charles, the property combines convenience with serene Eastern Shore living. Outdoor enthusiasts will appreciate nearby Kiptopeke State Park, offering sandy beaches, a boat ramp, a fishing pier, and scenic walking trails. Whether you are seeking a unique waterfront residence, a vacation retreat, or a turnkey investment opportunity, this exceptional Lake Allure property offers charm, versatility, and proven rental appeal. The home has a health department permit for three bedrooms.