Fully furnished and operating STR, ready day one. Successful vacation rental across from Lake Arrowhead with Build-Ready Expansion Lot. Proven short-term rental, featuring a fully renovated 3-bedroom home on 3.5 private acres, plus an additional 2-acre parcel with 6-bedroom septic approval and active well—ready for immediate development.
This 3-bedroom home situated on over 3 private acres just steps from Lake Arrowhead. This proven short-term rental performer offers an ideal combination of prime location, privacy, and guest-friendly amenities in one of the Shenandoah Valley’s most desirable vacation markets. The property’s close proximity to the lake—just a short walk—makes it especially attractive to guests seeking easy access to fishing, kayaking, and outdoor recreation. The home features a modernized interior with updated finishes, a functional layout for groups, and a private back porch that enhances the guest experience. This house is set on an expansive 3.5 acres of serene beauty. With an open sunlit backyard with beautiful shaded sunlight. The perfect place to relax in a hammock or read a book by the babbling brook as the stream runs right on the side of the property. This property delivers a secluded “mountain retreat” but still is conveniently located near downtown Luray and major attractions, including Shenandoah National Park and Luray Caverns—key drivers of year-round tourism demand. With strong appeal to families and outdoor enthusiasts, this property is well-positioned for continued short-term rental success. Ideal for investors seeking a low-maintenance, high-demand vacation rental or a personal getaway with income potential. This property also includes acreage directly across the street, which is even closer to the lake for future opportunity to grow your investment portfolio and increase your return of income. This additional acreage is 2 acres, for a total 5.5 acres. Not only is the additional lot of 2 acres included in this sale, but it also already has a 6 bedroom septic permit on file with the county and an active well. READY to BUILD! All you have to do is bring your vision!
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Listing Snapshot
Price
$649,000
Days On Site
164 Days
Bedrooms
3
Inside Area (SqFt)
1,200 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
5.5 Acres
Year Built
1973
MLS® Number
VAPA2006298
Status
Active
Property Tax
$933
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 months ago
Price changed to $649,000
2 months ago
Listing updated with changes from the MLS®
5 months ago
Listing first seen on site
General Features
Acres
5.5
Foundation
Concrete Perimeter
Levels
One
Parking
GravelOff StreetCircular DrivewayDriveway
Parking Spaces
4
Property Sub Type
Single Family Residence
Sewer
Other
Special Circumstances
Standard
SqFt Above
1200
SqFt Total
1200
Style
Ranch/Rambler
Water Source
Other
Zoning
W-C
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterRefrigeratorMicrowaveDishwasherStainless Steel Appliance(s)DisposalWater Heater
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