$929,000
$929,000
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5 Beds
4 Baths
4,603 SqFt
SOLD DATE : 09/23/2022
Key Details
Sold Price $929,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,603 sqft
Price per Sqft $201
Subdivision Battle Creek Forest
MLS Listing ID VAPA2001322
Sold Date 09/23/22
Style Cabin/Lodge,Log Home
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N Y
Abv Grd Liv Area 2,771
Originating Board BRIGHT
Year Built 2007
Annual Tax Amount $2,697
Tax Year 2021
Lot Size 3.010 Acres
Acres 3.01
Property Description
This premiere lodge is a fantastic opportunity to purchase 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 lodge produced a whopping $170,839.34 in rental revenue for 2021 and has been in business since November of 2007. 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 4.7 Stars. For reviews and additional information regarding upcoming booking please visit VRBO and search Premiere Shenandoah Valley Log Lodge Luray Gameroom Hot Tub or Property # 4698200ha. The five 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 $175,000 for the short term rental use, furnishings, and digital media. If property is purchased without the STR Fee, 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.
*adjoining 7+ acre tract is also for sale at $149,000
Location
State VA
County Page
Zoning R
Rooms
Basement Walkout Level
Main Level Bedrooms 1
Interior
Hot Water Propane
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Propane - Owned
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls
Parking Type Driveway
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
HOA Fee Include Road Maintenance
Senior Community No
Tax ID 59 1 4
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Nina Alexandra Long Fox • Funkhouser Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "