Chincoteague Island is a serene, yet fun filled, tourist destination. Chincoteague Island is Virginia's only resort Island. Located on Virginia’s Eastern Shore, Chincoteague is within easy reach from all major cities on the mid-Atlantic seaboard. Chincoteague is the gateway to the Virginia portion of Assateague Island, home of the famous Chincoteague Wild Ponies. Chincoteague offers a relaxed atmosphere and the beauty of unspoiled nature.