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505 Mechanic St, Luray VA 22835
- $585,000
- MLS #:VAPA2005422
- 4beds
- 2baths
- 0half-baths
- 1,524sq ft
- 5.00acres
Square Ft Finished: 1,524
Square Ft Unfinished: 0
Neighborhood: Mechanic St
Elementary School: None
Middle School: Other
High School: None
Property Type: residential
Subcategory: Detached
HOA: No
Area: Page
Year Built: 1913
Price per Sq. Ft: $0.00
Rare Investment Opportunity in Luray, VA - Active Short-Term Rental on 5 Acres (Lots 42A3-A-69B and 42A3-A-69) Don't miss this incredible chance to own a profitable short-term rental property in the heart of Luray, VA! This 5-bedroom, 2-bath home has been fully renovated in 2025 and is situated on a spacious 5-acre lot within town limits. Since launching as a vacation rental in April of this year, the property has already generated over $20,000 in rental income, with more bookings and growth anticipated. Guests love the home's charm, comfort, and locationâ€â€see glowing reviews on Airbnb. Highlights include: Major 2025 renovations throughout Five bedrooms and two full bathrooms - spacious layout for groups Active Airbnb income stream with proven results R-3 zoning with ample opportunity for expansion, including the adjoining lot Perfect setting for an investment property, hobby farm, or a retreat This is a rare findâ€â€a profitable short-term rental with expansion potential right in the Town of Luray. Whether you're looking to grow your portfolio, start a small farmette, or own a turn-key investment property near Shenandoah National Park, this one won't last long. Schedule your showing today before it's gone!
HOA fee: $0
Design: Farmhouse
Roof: Metal,Other
Garage Num Cars: 0.0
Cooling: CentralAir
Air Conditioning: CentralAir
Heating: Electric, HeatPump
Water: Public
Sewer: PublicSewer
Possession: CloseOfEscrow
Kickout: No
Annual Taxes: $1,652
Tax Year: 2025
Directions: Off of Main Street turn onto Mechanic Street, house is on the left side.