Stanley, VA 22851,225 LOG HOME PL
Stanley, VA 22851,225 LOG HOME PL
Stanley, VA 22851,225 LOG HOME PL
Stanley, VA 22851,225 LOG HOME PL
Stanley, VA 22851,225 LOG HOME PL
Stanley, VA 22851,225 LOG HOME PL
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$929,000

$929,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

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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Bright MLS (BMLS)
Listed by Nina Alexandra Long Fox • Funkhouser Real Estate Group
Bought with Nina Alexandra Long Fox • Funkhouser Real Estate Group
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