$435,000

Estimated payment $2,427/month

Total Views 24,028
7 Beds
4.5 Baths
3,852 Sq Ft
$113 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Google Fiber
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Front Porch

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

Lisa Brown

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,852 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room
  • City Views
  • 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

  • Patio
  • Front Porch

Utilities

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 1922

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling(s), Drapes
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Air
  • Outside Features: Patio, Sunroom
  • Views: City, Mountain(s)
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2393.00
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Fiber
  • InternetAccessCurntInternetProv: YES
  • LaundryLaundryEntryLevel: 1
  • Major Area: 27 - Alleghany County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3852
  • TotalBdrm: 7
  • TotalBths: 4.10
  • TotalFBaths: 4
  • Total Finished Sq Ft: 3852.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 8.00
  • Uncovered Parking: Designated Spaces
  • UpperAboveGrdFin Sq Ft: 1459.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Covered Porch, Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75' x 75'
  • Property Group Id: 19990816212109142258000000
  • Lot: 1/2 of 6-7
  • ZoningCode: Business

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 1433.00

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $273,500 $21,000 $252,500
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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 For Sale $435,000 0.0% $113 / Sq Ft
04/07/2026 04/07/26 Off Market $435,000 -- --
10/09/2025 10/09/25 For Sale $435,000 -- $113 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $15,000 --
Source: Public Records

Source: Roanoke Valley Association of REALTORS®

MLS Number: 921748

Roanoke Valley Association of REALTORS®

APN: 12300-01-007-0060

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