225 Log Home Pl

STANLEY, VA 22851
  • $929,000
  • STATUS: Closed
  • ON SITE: 99 days
  • ID#: VAPA2001322
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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

 

Map


225 Log Home Pl, Stanley, VA 22851

$929,000
  • 5
    Beds
  • 3.01
    Acres
  • 3
    Baths
  • 1
    1/2 Baths
  • 2,771
    SQFT
  • 335
    $/SQFT
Neighborhood:
Type:
Detached Home
Built:
2007
County:

School Information

High School:
 
Middle School:
 
Elementary School:
 

Exterior Features

Architectural Style Cabin/Lodge, Log Home
Construction Materials Log
Other Structures Above Grade, Below Grade
Parking Types Driveway
Pool No Pool
Property Type Detached Home

Interior Features

Above Grade Area Finished 2,771 sqft
Basement Walkout Level
BasementYN Yes
Basement Area Finished 1,832 sqft
Cooling Central A/C
Heating Heat Pump(s)
Levels 2
Lower Level 1 Bedrooms 2
Lower Level 1 Full Baths 1
Main Level Bedrooms 1
Main Level Full Baths 1
Main Level Half Baths 1
Story List Lower 1, Main, Upper 1
Upper Level 1 Bedrooms 2
Upper Level 1 Full Baths 1

Property Features

Accessibility Features 2+ Access Exits, 32"+ wide Doors, 36"+ wide Halls
Assessment Year 2021
AssociationYN Yes
Central Air Yes
Cooling Fuel Electric
Heating Fuel Propane - Owned
Ownership Interest Fee Simple
Sale Type Standard
Water Source Well-Shared
Zoning R

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Real Estate News & Updates

©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-24 11:50:02.

Listing courtesy of Funkhouser Real Estate Group