$450,000
$499,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,824 SqFt
SOLD DATE : 04/05/2024
Key Details
Sold Price $450,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $246
Subdivision Massanutten Forest
MLS Listing ID VAPA2003164
Sold Date 04/05/24
Style Cabin/Lodge
Bedrooms 3
Full Baths 2
HOA Fees $14/ann
HOA Y/N Y
Abv Grd Liv Area 1,368
Originating Board BRIGHT
Year Built 1978
Annual Tax Amount $1,295
Tax Year 2022
Lot Size 3.000 Acres
Acres 3.0
Property Description
Welcome to Blue Bear Cabin, a turn-key short-term vacation rental located in the coveted Massanutten Forest Subdivision just outside Luray, Virginia. This A-frame style cabin with its additional guesthouse generated $99,567.97 in gross income in 2023 with 291 nights booked. The main floor of the cabin contains a spacious eat-in kitchen, high ceilings, a luxurious living space, a primary bedroom, remodeled bathroom, and an expansive sitting room. Follow the spiral staircase to a loft area where you will find two additional bedrooms with mountain views. The downstairs of the cabin contains another full bathroom, additional living space, a game room, and bunk room. Next, venture over to the guesthouse which contains an additional bunk room and could easily be converted to an office or hobby space. The cabin is situated on a large, 3-acre parcel which offers privacy, seclusion, and peaceful serenity, as well as plenty of room for outdoor activities. A new six-person hot tub with a private deck makes for a perfect spot to enjoy the mountain evenings. Additional outside features including a bubbling stream runs along the rear of the property and there is easy access to downtown Luray. All furnishings convey to make this truly a turnkey property ready to generate income immediately. This cabin is located just a short distance from Luray Caverns, Shenandoah National Park, Kennedy's Peak, the George Washington National Forest, and Massanutten Resort. Hikers, mountain bikers, outdoor enthusiasts, investors, and those just looking to get away from the hustle and bustle, this cabin is for you!
Location
State VA
County Page
Zoning R
Rooms
Basement Daylight, Partial, Connecting Stairway, Outside Entrance, Fully Finished
Main Level Bedrooms 1
Interior
Interior Features Built-Ins, Ceiling Fan(s), Family Room Off Kitchen, Spiral Staircase, WhirlPool/HotTub
Hot Water Electric
Heating Baseboard - Electric
Cooling Ductless/Mini-Split
Furnishings Yes
Fireplace N
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit, Basement
Exterior
Exterior Feature Deck(s), Porch(es)
Water Access N
View Mountain
Roof Type Shingle
Street Surface Gravel
Accessibility None
Porch Deck(s), Porch(es)
Road Frontage HOA
Garage N
Building
Lot Description Stream/Creek, Trees/Wooded
Story 1.5
Foundation Block
Sewer On Site Septic
Water Well
Architectural Style Cabin/Lodge
Level or Stories 1.5
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Luray
Middle Schools Luray
High Schools Luray
School District Page County Public Schools
Others
HOA Fee Include Snow Removal,Road Maintenance
Senior Community No
Tax ID 39A2 2 46
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, USDA, VA, FHVA, VHDA
Listing Terms Cash, Conventional, FHA, USDA, VA, FHVA, VHDA
Financing Cash,Conventional,FHA,USDA,VA,FHVA,VHDA
Special Listing Condition Standard
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