314 Jefferson Ave Clifton Forge, VA 24422
Estimated payment $2,411/month
Highlights
- City View
- Sun or Florida Room
- Covered Patio or Porch
- Cathedral Ceiling
- No HOA
- Breakfast Area or Nook
About This Home
A RARE OPPORTUNITY to own a SUCCESSFULL & WELL-LOVED Boutique Inn in the Heart of Historic Downtown Clifton Forge! The Red Lantern Inn is a BEAUTIFULLY Restored 100+year property featuring 7 Guest Rooms, 4.5 Baths, Welcoming Common Areas and Turn-Key Business appeal! Perfectly Situated near the C & O Railway Heritage Center, Historic Masonic Theatre, shops, dining & outdoor recreation at Douthat State park & the Cowpasture & Jackson River! With a STRONG REPUTATION, Repeat Clientele, and Endless Possibilities -continue its use as a Profitable Inn, create a Boutique Lodging Experience, or enjoy as a UNIQUE RESIDENCE with guest Suites! An Established Business & Lifestyle Opportunity in Virginia's scenic Alleghany Highlands!
Listing Agent
HIGHLANDS REALTY & ASSOCIATES LLC License #0225100262 Listed on: 10/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,433
Year Built
- Built in 1922
Lot Details
- Lot Dimensions are 75' x 75'
- Level Lot
- Property is zoned Business
Property Views
- City
- Mountain
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,852 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Drapes & Rods
- Sun or Florida Room
- Partial Basement
Kitchen
- Breakfast Area or Nook
- Electric Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 8 Open Parking Spaces
- Assigned Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 1/2 of 6-7 / 7
Community Details
Overview
- No Home Owners Association
Amenities
- Restaurant
- Google Fiber
Recreation
- Trails
Map
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 | $1,434 | $196,400 | $10,500 | $185,900 |
| 2023 | $1,434 | $196,400 | $10,500 | $185,900 |
| 2022 | $1,434 | $196,400 | $10,500 | $185,900 |
| 2021 | $1,434 | $196,400 | $10,500 | $185,900 |
| 2020 | $1,434 | $196,400 | $10,500 | $185,900 |
| 2019 | $1,434 | $196,400 | $10,500 | $185,900 |
| 2018 | $1,429 | $201,200 | $10,500 | $190,700 |
| 2017 | $1,429 | $201,200 | $10,500 | $190,700 |
| 2016 | $1,429 | $201,200 | $10,500 | $190,700 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | For Sale | $435,000 | -- | $113 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $15,000 | -- |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 921748
APN: 12300-01-007-0060
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