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1076 Overlook Drive

RILEYVILLE, VA 22650

2 beds
2 baths
1,080 sqft
~3 acre lot
$2,313 per sqft
2015 build

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.

Listing courtesy of BRIGHT / Real Broker, LLC

Last checked: Checking… • Last updated Dec 27, 2024 •

MLS# VAPA2004304 —

The Building

Year Built:

2015
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Frame
Structure Type:

Detached
Architectural Style:

Cabin/Lodge
Levels:

1
Accessibility Features:

None
Foundation Details:

Slab
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

1080
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

1080

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1080
Living Area SqFt:

1,080 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

Rileyville -> Overlook Drive
Latitude:

38.74637000
Longitude:

-78.35704000

The Property

Property Type:

Residential
Lot Size Units:

Square Feet
Lot Size Acres:

3.21
Lot Size Source:

Assessor
Lot SqFt:

139,828 Sqft
Zoning:

R
In City Limits:

No
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

21
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

17 3 86
Tax Year:

2022
Tax Lot:

86
Tax Annual Amount:

$1,534
Tax Assessed Value:

$210,100
Year Assessed:

2022
County Tax:

1534.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

2
Bedrooms Main Level:

2

Baths

Total Baths:

2
Full Baths:

2
Main Level Baths:

2.00
Main Level Full Baths:

2

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump(s)
Heating Fuel:

Electric

Utilities

Sewer/Septic:

On Site Septic
Hot Water:

Electric
Water Source:

Well

Schools

School District Name:

Page County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Senior Community:

No
Pool:

No Pool
HOA:

No
Condo/Coop Association:

No

Parking

Garage:

No
Type of Parking:

Driveway

Extra Units

Vacation Rental:

No

Monthly cost estimate

Asking price

$2,499,000

Expense	Monthly cost
Mortgage	$13,381
Taxes	$127
Insurance	$687
Utilities	$101 See report
Total	$14,296/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
12/27/24 Dec 27, 2024	Listed / Active	BRIGHT	$2,499,000

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This house located in VA 22650 is currently for sale for $2,499,000. 1076 Overlook Drive is a 1,080 square foot house with 2 beds and 2 baths.

Listing Courtesy of: BRIGHT and Real Broker, LLC.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.