Rileyville, VA 22650,1076 OVERLOOK DR
Rileyville, VA 22650,1076 OVERLOOK DR
Rileyville, VA 22650,1076 OVERLOOK DR
Rileyville, VA 22650,1076 OVERLOOK DR
Rileyville, VA 22650,1076 OVERLOOK DR
Rileyville, VA 22650,1076 OVERLOOK DR
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$ 2,499,000
Est. payment | /mo

2 Beds

2 Baths

1,080 SqFt


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$ 2,499,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,080 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $2,313

Subdivision None Available

MLS Listing ID VAPA2004304

Style Cabin/Lodge

Bedrooms 2

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,080

Originating Board BRIGHT

Year Built 2015

Annual Tax Amount $1,534

Tax Year 2022

Lot Size 3.210 Acres

Acres 3.21

Property Description

Breathtaking Views & Superb Cash-Flow! This turnkey Blue Ridge Mountain Short-Term Rental Portfolio includes a RARE collection of SEVEN cash-flowing Cabins! All within a ¼ mile stretch at the top of a scenic mountain backing up to Shenandoah National Park; each cabin showcasing panoramic Shenandoah Valley vistas that keep guests booking year-round!

$450,000+ annual revenue and $300,000+ NET Operating Income! Great opportunity to self-manage; or enroll professional management to just send you the mailbox money.

Cabins range from cozy 1-bedroom havens to spacious multi-bedroom retreats, all expertly positioned to maximize views and privacy. Located less than 2 hours from Washington DC and AND Richmond, these cabins serve a thriving vacation market with proven demand.

Exceptional features include hiking trails, proximity to Skyline Drive, and easy access to the Shenandoah River and Luray Caverns. This portfolio presents a unique opportunity to acquire an established, high-performing STR business with immediate cash flow in one of Virginia's most desirable vacation destinations.

Two additional new cabins coming in 2025 offer built-in expansion potential! Don't miss this opportunity to own your own Mountain Paradise … a premium STR portfolio with proven financials and exceptional growth potential! List Price includes all seven cabins. Excellent 1031 Acquisition. Offering Memorandum with individual cabin details, including financials, available upon request.

Location

State VA

County Page

Zoning R

Rooms

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 1

Foundation Slab

Sewer On Site Septic

Water Well

Architectural Style Cabin/Lodge

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Page County Public Schools

Others

Senior Community No

Tax ID 17 3 86

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Aaron Nichols • Real Broker, LLC
agent-avatar

+1(202) 930-0564

info@jasonmartingroup.com

1350 Florida Ave NE, Washington, DC, 20002, Unite States

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