242 5th St

About This Home

Enjoy the Colonial Beach lifestyle from this freshly updated two-story home located just minutes from the Potomac River, public beach, public boat launch, waterfront restaurants, breweries, shopping, and the town’s year-round activities. Built in 2008, this well-maintained single-family home offers approximately 1,744 square feet with three bedrooms, two-and-a-half bathrooms, an attached one-car garage, and a fenced yard. The entire interior has just been freshly painted, and the staircase and upper level feature brand-new flooring. Combined with the neutral finishes, engineered hardwood flooring on the main level, and plenty of natural light, the home offers a clean, bright, and comfortable atmosphere from the moment you walk inside. The kitchen features stainless steel appliances, including an electric range, refrigerator with ice and water dispenser, built-in microwave, and dishwasher. A separate laundry room includes a full-size washer and dryer for added convenience. Upstairs, the spacious primary bedroom features an attractive tray ceiling. Two additional bedrooms provide flexibility for household members, guests, or a home office. Whether you enjoy boating, fishing, crabbing, waterfront dining, local history, or simply spending time near the water, this home places you close to everything that makes Colonial Beach such a special place to live. WHY YOU’LL LOVE IT * Fresh interior paint throughout * Brand-new flooring on the staircase and upper level * Approximately 1,744 square feet * Three bedrooms and two-and-a-half bathrooms * Two-story single-family home * Attached one-car garage with electric opener * Fenced yard * Stainless steel kitchen appliances * Engineered hardwood flooring on the main level * Full-size washer and dryer included * Separate laundry room * Central air conditioning * Electric heat * Public water and public sewer * Additional on-site parking LOCATION Conveniently located near the Colonial Beach public beach, public boat launch, waterfront restaurants, breweries, shopping, entertainment, and community events. Westmoreland County also offers wineries, historic landmarks, scenic waterfront destinations, and convenient access to communities throughout Virginia’s Northern Neck. LEASING INFORMATION * Monthly Rent: $2,295 * Availability: 9/8/2026 * Security Deposit: Generally equal to one month’s rent, subject to screening results and approval * Application Fee: $60 per adult * Applicants: Every occupant 18 years of age or older must submit a separate application * Utilities: Residents are responsible for all utilities * Washer and Dryer: Included * Smoking: Smoking is not permitted inside the property * Lease Term: Minimum lease term applies ESTIMATED MONTHLY HOUSING COST With renters insurance included through the Resident Benefits Package: * Monthly Rent: $2,295 * Resident Benefits Package: $45 * Estimated Total Monthly Housing Cost: $2,340 With qualifying resident-provided renters insurance: * Monthly Rent: $2,295 * Adjusted Resident Benefits Package: $34.05 * Estimated Total Monthly Housing Cost: $2,329.05 Utilities and applicable pet rent are additional. ESTIMATED MOVE-IN COSTS With renters insurance included through the Resident Benefits Package: * First Full Month’s Rent: $2,295 * Estimated Security Deposit: $2,295 * One-Time Administrative Fee: $295 * First Month’s Resident Benefits Package: $45 * Estimated Standard Move-In Total: $4,930.00 For residents who provide and maintain qualifying renters insurance, the adjusted estimated move-in total would be $4,919.05. The $60 application fee for each adult is paid separately when applying and is not included in the totals above. The first month’s rent is always charged as a full month at move-in. If the lease begins after the first day of the month, any applicable prorated rent will be charged during the following month. The security deposit is generally equal to one month’s rent but may be increased up to two months’ rent based on screening results and applicable requirements. Final move-in costs may vary based on screening results, the approved move-in date, Resident Benefits Package charges, animal-screening results, pet-related charges, and participation in an approved security-deposit alternative. DEPOSIT-FREE LIVING WITH OBLIGO Qualified residents may be eligible for Obligo, an optional security-deposit alternative that may reduce the amount of cash required at move-in. Obligo is not a waiver of the resident’s financial responsibility for damage or other lease obligations. Participation is optional and subject to Obligo’s separate approval process, terms, and applicable charges. PETS AND REQUIRED ANIMAL-STATUS VERIFICATION Up to three pets may be considered, subject to screening and approval. All applicants must complete animal-status verification through OurPetPolicy, a third-party animal screening and compliance service, even if no pets are present. Applications remain incomplete until this step is finished. Submit your animal status here: For approved household pets: * Nonrefundable pet fee: $400 per animal * Monthly pet rent: $45–$125 per animal, based on screening * Maximum of three pets * Additional restrictions may apply * Westmoreland County licensing requirements must be satisfied within the required timeframe Assistance animals are reviewed through the reasonable-accommodation process and are not subject to pet fees or pet rent. RESIDENT BENEFITS PACKAGE All RPM Regions residents are required to participate in the Resident Benefits Package administered through Second Nature. This is more than an additional monthly charge, it provides services and protections designed to make moving, renting, and maintaining the home easier. The $45 monthly package includes: * Renters insurance: $10.95 per month * Quarterly HVAC air filters * Move-in concierge services * Identity protection * Additional resident benefits outlined in the lease addendum and welcome-home information Residents who already have and maintain qualifying renters insurance may provide proof of coverage. Once the policy is verified, the renters-insurance portion may be removed, reducing the Resident Benefits Package from $45 to $34.05 per month. Residents providing their own qualifying insurance must still complete the required Second Nature enrollment process and remain enrolled in the other Resident Benefits Package services. RENTAL QUALIFICATION GUIDELINES Applications are evaluated using consistent rental criteria, including: * Verifiable gross household income of approximately three times the monthly rent * A credit score of 620 or higher is preferred, with applications evaluated case by case * Nationwide criminal-background screening * Rental-history and landlord verification * No eviction history within the previous six years * Government-issued identification and required supporting documentation * A separate application from every occupant 18 years of age or older * Completion of the required OurPetPolicy animal-status verification Housing-assistance vouchers are accepted. When rental assistance applies, the income requirement is calculated using the applicant’s portion of the monthly rent. Meeting the general guidelines does not guarantee approval. Each application is reviewed in its entirety and processed in accordance with applicable fair-housing laws. BEFORE YOU APPLY Please confirm that the property’s location, availability, lease terms, estimated costs, utility responsibilities, animal requirements, and qualification standards meet your needs before submitting an application. Application fees are nonrefundable once screening begins. Properties are not held without an approved application and completion of all required leasing steps. The first highly qualified, fully approved applicant who completes the required process will receive priority. IMPORTANT INFORMATION Property information is believed to be accurate but should be in