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Build your dream waterfront retreat in the sought-after Schooner Bay community! This beautiful 0.47-acre waterfront lot on Black Mallard Way offers the perfect opportunity to enjoy Eastern Shore living at its finest. Situated along a protected canal with easy access to the Chesapeake Bay, this property is ideal for boating, fishing, kayaking, and taking in breathtaking waterfront sunsets. Schooner Bay is known for its peaceful setting, waterfront homes, and convenient access to nearby public boat ramps and community amenities. Just minutes from the historic waterfront town of Onancock, you'll enjoy charming shops, local restaurants, art galleries, marinas, farmers markets, and Riverside Shore Memorial Hospital. Whether you're looking to build a full-time residence, vacation getaway, or investment property, this prime waterfront homesite offers the ideal combination of privacy, natural beauty, and coastal lifestyle. Don't miss your chance to own a piece of Virginia's beautiful Eastern Shore and create the waterfront home you've always envisioned.

Highlights

  • Land
  • Unimproved Land
  • 0.49 Acre Lot
  • Waterfront
  • 153 days on Market

  • Parking Features
    Driveway

  • Acres
    0.49
  • Lot Features
    Waterfront
  • Water Front Features
    Seawall, Waterfront, Canal Front
  • Water Front
    Yes

  • County
    Accomack
  • City
    Onancock
  • Neighborhood
    Schooner Bay
  • Zip Code
    23417

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Frequently Asked Questions

How do I schedule a tour of 5 Black Mallard Way #LOT 5?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5 Black Mallard Way #LOT 5.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5 Black Mallard Way #LOT 5?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $120,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Onancock, and can even get you in to see the property quickly.

How do I get a virtual tour of 5 Black Mallard Way #LOT 5?

Yes! A virtual tour is available for 5 Black Mallard Way #LOT 5. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 5 Black Mallard Way #LOT 5?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5 Black Mallard Way #LOT 5 at around $683. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5 Black Mallard Way #LOT 5?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Accomack County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5 Black Mallard Way #LOT 5?

In most cases, yes. Whether 5 Black Mallard Way #LOT 5 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Onancock's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5 Black Mallard Way #LOT 5?

We can handle that for you. Our preferred local agent specializes in lands in Onancock and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

5 Black Mallard Way #LOT 5 was listed on June 12, 2026, which means it's been on the market for 153 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

5 Black Mallard Way #LOT 5 sits on a 0.49-acre lot, which is 21,344 square feet.

Is 5 Black Mallard Way #LOT 5 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Eastern Shore Association of REALTORS. All rights reserved.

Last Updated: November 12, 2026 at 07:45AM | Source: Eastern Shore Association of REALTORS | MLS#: 71629