Estimated payment $3,240/month
Highlights
- 5 Acre Lot
- No HOA
- Heat Pump System
- Farmhouse Style Home
- Central Air
About This Home
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 location—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 find—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!
Listing Agent
(540) 860-8710 nina@funkhousergroup.com Funkhouser Real Estate Group Listed on: 09/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,652
Year Built
- Built in 1913 | Remodeled in 2025
Lot Details
- 5 Acre Lot
- Property is zoned R-3
Parking
- Driveway
Home Design
- Farmhouse Style Home
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,524 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 69B
- Assessor Parcel Number 42A3-A-69B
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 |
|---|---|---|---|---|
| 2025 | $1,194 | $163,600 | $20,600 | $143,000 |
| 2024 | $1,194 | $163,600 | $20,600 | $143,000 |
| 2023 | $1,194 | $163,600 | $20,600 | $143,000 |
| 2022 | $1,117 | $163,600 | $20,600 | $143,000 |
| 2021 | $1,117 | $153,000 | $10,000 | $143,000 |
| 2020 | $73 | $10,000 | $10,000 | $0 |
| 2019 | $73 | $10,000 | $10,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | For Sale | $585,000 | +77.3% | $384 / Sq Ft | |
| 06/14/2024 06/14/24 | Sold | $330,000 | +4.8% | $217 / Sq Ft | View Prior Sale |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- | |
| 04/22/2024 04/22/24 | For Sale | $314,900 | +57.5% | $207 / Sq Ft | |
| 11/04/2014 11/04/14 | Sold | $200,000 | -4.3% | $125 / Sq Ft | View Prior Sale |
| 10/24/2014 10/24/14 | Pending | -- | -- | -- | |
| 09/29/2014 09/29/14 | Price Changed | $209,000 | -4.6% | $131 / Sq Ft | |
| 09/11/2012 09/11/12 | For Sale | $219,000 | +9.5% | $137 / Sq Ft | |
| 09/01/2012 09/01/12 | Off Market | $200,000 | -- | -- | |
| 07/02/2012 07/02/12 | For Sale | $219,000 | +9.5% | $137 / Sq Ft | |
| 07/01/2012 07/01/12 | Off Market | $200,000 | -- | -- | |
| 02/14/2012 02/14/12 | For Sale | $219,000 | -- | $137 / Sq Ft |
Source: Bright MLS
MLS Number: VAPA2005422
APN: 42A3 A 69B
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