$1,000,000
SOLD APR 9, 2025

870 Shipyard Rd Shenandoah, VA 22849

6 Beds
5 Baths
3,032 Sq Ft
3.71 Acres

Recently Sold

$330 Per Sq Ft

9% Below List Price

115 Days on Market

Highlights

  • 3.71 Acre Lot
  • Concrete Block With Brick
  • 2 Car Garage

About This Home

As of April 2025

Prime investment opportunity for anyone looking to enter the Airbnb market! This riverfront property, located along the scenic South Fork of the Shenandoah River, is the perfect getaway for those who love fishing, kayaking, or simply relaxing in nature. With breathtaking views and direct water access, this property has proven track record of STR success, inquire for more details. Featuring two recently renovated homes on over 3.5 acres, each with welcoming interiors and spacious outdoor areas and hot tubs, it offers a year-round destination that attracts a variety of guests. Whether they seek peace and quiet or plan to explore nearby hiking trails, national parks, and local attractions, visitors will find plenty to enjoy, ensuring consistent bookings. Whether you're looking to grow your investment portfolio or provide a distinctive retreat experience, these turn-key Airbnb properties are perfectly positioned for success in the flourishing short-term rental market. Make it your own by finishing out the garage as more space, or the unfinished cottage by the river, this will only increase the income stream! This sale includes a total of four tax map parcels! Don’t miss this rare opportunity!

Last Agent to Sell the Property

Craig Anders

Cottonwood Commercial LLC License #0225231207 Listed on: 09/27/2024

Cottonwood Commercial LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1984

Lot Details

  • 3.71 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Concrete Block With Brick
  • Slab Foundation

Interior Spaces

  • 3,032 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

  • Shenandoah Elementary School
  • Page Middle School
  • Page High School

Utilities

  • Heat Pump System
  • Well
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 96B-1-6, 96B 1 5, 96B 1 5A, 96B 1 4, 96B 1 4A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,926

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3032
  • L V T Date: 09/27/2024
  • Parcel Number: 96B-1-6, 96B 1 5, 96B 1 5A, 96B 1 4, 96B 1 4A
  • Price Per Sq Ft: 329.82
  • Property Included: All personal property, sheds, cottage, hot tubs, appliances
  • Total Sq Ft: 3432
  • Total Unfinished Sq Ft: 400
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 3032
  • Above Grade Finished Sq Ft: 3032
  • Foundation: Concrete Block, Concrete Slab
  • Level: 2 Story
  • Bathrooms: 5
  • Number Beds: 6
  • Full Bathrooms: 5
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 3.71

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 400
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 400

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Installed Conventional
  • Water: Individual Well

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2024
  • Taxes: 2925.84

MLS Schools

  • HighSchool: Page
  • Middle School: Page
  • Elementary School: Shenandoah

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2025 04/09/25 Sold $1,000,000 -9.1% $330 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,100,000 -- $363 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 657288

Harrisonburg-Rockingham Association of REALTORS®

APN: 96B 1 5