12509 Sam Snead Hwy Warm Springs, VA 24484
Estimated payment $2,256/month
Total Views
23,327
5
Beds
4.5
Baths
4,633
Sq Ft
$82
Price per Sq Ft
Highlights
- Hot Property
- Spa
- Deck
- Guest House
- Home fronts a creek
- Wood Flooring
About This Home
This income-producing property is being sold through virtual auction ending July 30th at 2 PM with 10% buyer's premium, sold as-is with pre-auction offers accepted. Step into 200 years of history with this extraordinary mountain estate featuring an authentic 1830 hand-cut log cabin expanded in 1975 with 5 bedrooms, 3.5 baths, modern hickory kitchen, and nature's rarest amenity: a natural hot spring creating unassailable competitive advantage in hospitality markets. Recent comprehensive upgrades include 34 new windows, dual-zone AC, updated electrical and plumbing across 1.45 scenic acres with breathtaking mountain vistas near prestigious Homestead Omni Ski Resort. Proven 2024 Airbnb performance generated $22,762 revenue from just one bedroom with 214 nights booked, while professional appraisal establishes $486,000 baseline value and income approach suggests $1.4-2.3M potential when fully leveraged. Multiple revenue opportunities include continuing Airbnb operations, expanding to five-bedroom B&B, developing wellness retreat center, or creating wedding venue, with local zoning permitting multiple small houses near the hot spring for subdivision potential. Live in the main house while earning consistent guest income with parking for 15+ vehicles and over 2,200 square feet of garage storage space, making this convergence of irreplaceable natural amenities, historic character, and established profitability a once-in-a-lifetime acquisition opportunity in Virginia's mountain country capturing the growing wellness tourism market.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,841
Year Built
- Built in 1975 | Remodeled
Lot Details
- 1.45 Acre Lot
- Home fronts a creek
Parking
- 2 Car Detached Garage
- Basement Garage
- Oversized Parking
- Driveway
- Guest Parking
Home Design
- Log Cabin
- Frame Construction
- Metal Roof
- Wood Siding
- Asbestos Siding
- Log Siding
- Plaster
Interior Spaces
- 4,633 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Wood Burning Fireplace
- Stone Fireplace
- Dining Area
- Workshop
Kitchen
- Eat-In Kitchen
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Finished Basement
- Walk-Out Basement
- Interior Basement Entry
Outdoor Features
- Spa
- Balcony
- Deck
- Shed
- Porch
Additional Homes
- Guest House
Schools
- Millboro Elementary School
- None Middle School
- Bath County High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Oil
- Heating System Uses Propane
- Water Heater
Listing and Financial Details
- Tax Lot 1-3
- Assessor Parcel Number 63A1-1-15
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,841 | $306,800 | $120,000 | $186,800 |
| 2023 | $1,841 | $306,800 | $120,000 | $186,800 |
| 2022 | $1,687 | $306,800 | $120,000 | $186,800 |
| 2021 | $1,713 | $311,500 | $114,000 | $197,500 |
| 2020 | $0 | $311,500 | $114,000 | $197,500 |
| 2019 | $1,558 | $311,500 | $114,000 | $197,500 |
| 2018 | $1,558 | $311,500 | $114,000 | $197,500 |
| 2017 | $1,558 | $311,500 | $114,000 | $197,500 |
| 2016 | -- | $462,500 | $114,000 | $348,500 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $380,000 | 0.0% | $106 / Sq Ft |
| 07/29/2025 07/29/25 | Price Changed | $380,000 | +68.9% | $106 / Sq Ft |
| 07/20/2025 07/20/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | Off Market | $225,000 | -- | -- |
| 06/09/2025 06/09/25 | For Sale | $225,000 | +7.1% | $62 / Sq Ft |
| 04/29/2013 04/29/13 | Sold | $210,000 | +5.0% | $58 / Sq Ft |
| 03/21/2013 03/21/13 | Pending | -- | -- | -- |
| 03/11/2013 03/11/13 | For Sale | $200,000 | -- | $56 / Sq Ft |
Source: Central Virginia Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $211,300 | Old Republic Natl Ttl Ins Co | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,500 | New Conventional | |
| Closed | $200,735 | New Conventional | |
| Previous Owner | $423,000 | Commercial |
Source: Public Records
Similar Home in Warm Springs, VA
Source: Central Virginia Regional MLS
MLS Number: 2516259
APN: 63A1 1 15
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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