This unique 10+ acre waterfront property has a renovated Farmhouse style four bedroom main home plus 3 to 4 income producing rental homes, and a rented 32'x100 pole barn. Five (5) Homes convey total. This property features beautiful views on 3 sides with 475' of shoreline, a deep water pier and boat lift with quick access to the Eastriver. Great fishing and crabbing. Gazebo, two waterside patios, and fire pit. This home features lovely reclaimed wood and brick floors, Pella windows, sunroom, formal dining room and downstairs bedroom. Outbuildings include a detached garage and 16'x24' shed. 5 new HVAC systems, 7 new roofs and 3 new septic systems. Great location, close to downtown restaurants, and shopping. Sale includes 172, 170, 153, 139 and 125 Aldebaran Rd. This could be your new Executive Retreat on the Waterfront or your new Family Compound! Lots of room for Gardening and Room for horses too! A Must See!
Single-familyProperty Type
1969Year Built
10.37 acresLot Size
$343Price/Sq.Ft.
3 car garageParking
Listed by Deborah Morgan• Morgan and Edwards Real Estate
This Unique Waterfront property has a renovated Farmhouse Style 4 Bedroom Main Home plus a Waterfront Guest Home on over Three (3) Private Acres. This property features beautiful water views on 3 sides with 475' of shoreline, a deep water pier and boat lift w/ quick access to the East River. Great fishing and crabbing. Gazebo, 2 Waterside Patios, and fire pit. The home features lovely reclaimed wood and brick floors, Pella windows, sunroom, formal dining room and downstairs bedroom. Outbuidings include a detached garage and 16' X 24' shed. 2 New HVAC systems, new roofs, 2 new septic systems and a brand new well that supplies the 2 waterfront homes. Great Location, close to downtown restaurants and shopping. Call to Schedule an Appointment to see this unique absolutely beautiful and well maintained property.
REINMLS #10620267
Aug 21, 2026
Price Changed
$1,850,000
$343/sq ft
Jul 20, 2026
Price Changed
$1,595,000
$295/sq ft
May 1, 2026
Price Changed
$1,850,000
$343/sq ft
Feb 14, 2026
Listed
$1,900,000
$352/sq ft
REINMLS #10392674
Jan 29, 2022
Listing Removed
—
Aug 4, 2021
Listed
$125,000
$23/sq ft
CBRAR #2008000
Feb 23, 2021
Sold
$725,000
$134/sq ft
Mar 12, 2020
Listed
$823,000
$152/sq ft
Public Records
Dec 11, 2017
Sold
$45,000
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$7,907 (+3.3%)
$331,500 + $943,800
$1,275,300
2025
$7,652 (+7.1%)
$331,500 + $943,800
$1,275,300
2024
$7,142
$331,500 + $943,800
$1,275,300
2023
$7,142 (+29.1%)
$331,500 + $943,800
$1,275,300
2022
$5,533 (−12.3%)
$376,500 + $488,100
$864,600
2021
$6,307
$489,700 + $488,100
$977,800
2020
$6,307 (+11.3%)
$489,700 + $488,100
$977,800
2017
$5,666 (+0.9%)
$497,300 + $488,100
$985,400
2016
$5,616
$507,300 + $532,700
$1,040,000
2014
$5,616
$507,300 + $532,700
$1,040,000
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
11.33 Acres
Year renovated
—
Finished Sq. Ft.
1,080
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,080
Year built
1914
Style
Single Family Residential
County
Mathews County
APN
26 A 25
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Mathews, VA • 23109
Average low and high temperatures (°F)
43
29
46
32
62
44
70
53
74
60
83
70
86
75
81
70
76
66
69
55
61
45
48
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 172 Aldebaran Rd
$1,678,232
$172K under list price of $1.85M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $355K to $1.9M.