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.
Last checked:
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Last updated Dec 27, 2024
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MLS# VAPA2004304 —
The Building
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Year Built:2015
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame
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Structure Type:Detached
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Architectural Style:Cabin/Lodge
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Levels:1
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1080
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1080
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1080
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Living Area SqFt:1,080 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:Rileyville -> Overlook Drive
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Latitude:38.74637000
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Longitude:-78.35704000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:3.21
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Lot Size Source:Assessor
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Lot SqFt:139,828 Sqft
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Zoning:R
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:21
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 915-9852
- Office phone:
- (855) 450-0442
Taxes
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Tax ID Number:17 3 86
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Tax Year:2022
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Tax Lot:86
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Tax Annual Amount:$1,534
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Tax Assessed Value:$210,100
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Year Assessed:2022
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County Tax:1534.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:2.00
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Main Level Full Baths:2
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Sewer/Septic:On Site Septic
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Hot Water:Electric
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Water Source:Well
Schools
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School District Name:Page County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:Driveway
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$2,499,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$13,381
|
Taxes | $127 |
Insurance | $687 |
Utilities | $101 See report |
Total | $14,296/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/27/24
Dec 27, 2024
|
Listed / Active | BRIGHT | $2,499,000 |