$749,000
$749,000
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3 Beds
4 Baths
3,192 SqFt
SOLD DATE : 08/02/2022
Key Details
Sold Price $749,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,192 sqft
Price per Sqft $234
Subdivision Battle Creek Forest
MLS Listing ID VAPA2001324
Sold Date 08/02/22
Style Cabin/Lodge,Log Home
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N Y
Abv Grd Liv Area 1,960
Originating Board BRIGHT
Year Built 2008
Annual Tax Amount $2,175
Tax Year 2021
Lot Size 3.100 Acres
Acres 3.1
Property Description
Panoramic Mountain Views, hot tubs, privacy and much more. The Log Home provides great opportunity to own a great revenue producing rental cabin on the Blue Ridge Mountains in the historic Shenandoah Valley located near Luray, Luray Caverns, Shenandoah National Park, and the legendary Shenandoah River. This log home produced a whopping $108,331,.33 in rental revenue for 2021 and has been in business since 2008. This does NOT include cleaning fees, taxes, or any other additional fees. It is strictly rental revenue. Lodge is in the process of being stained and sealed. This spacious property is an active listing on VRBO with an excellent review status of 4.8 Stars. For reviews and additional information regarding upcoming booking please visit VRBO and search Panoramic Mountain Views Hot Tub Luray VA Gameroom or Property #7347957ha. The four bedrooms, three bath lodge has massive deck space, a soaring ceiling in the family room area with a huge fireplace, entertainment area, and many recent updates. Included within the updates are the kitchen counters, some furniture, and other items to keep the cabin well maintained for short term rental such as new landscaping and new stain on the exterior of all the house. The property is easily accessed without steep roads and just minutes from downtown Luray. Please note this property price is reflective of a residential unit and not short-term rental. Should the purchaser like to continue utilizing this property as a Short-Term Rental the purchaser will agree to pay $125,000 for the short term rental use, furnishings, and digital media. If property is purchased without purchasing the STR Fees, restriction will be placed on the deed at settlement to not allow new owners to operate this lodge as a short-term rental for a period of two years. This property will not last long.
Location
State VA
County Page
Zoning R
Rooms
Basement Fully Finished
Main Level Bedrooms 1
Interior
Hot Water Propane
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Propane - Leased
Exterior
Water Access N
Accessibility 36\"+ wide Halls
Garage N
Building
Story 2
Foundation Block
Sewer On Site Septic
Water Well-Shared
Architectural Style Cabin/Lodge, Log Home
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Page County Public Schools
Others
Senior Community No
Tax ID 59 1 3A
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Donna S Osborne • Pearson Smith Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "