505 Mechanic St

Luray, VA 22835

$585,000
Price
4
Beds
1,524 Sq. Ft.
$384 / Sq. Ft.
1,524
Sq. Ft.
$384
per Sq. Ft.
a front view of a house with garden
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a view of a dining room with furniture window and wooden floor
a view of a dining room with furniture window and wooden floor
a view of a dining room with furniture and wooden floor
a view of a dining room with furniture and wooden floor
a view of a dining room with furniture and wooden floor
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a living room with furniture and a flat screen tv
a living room with furniture and a wooden floor

Description

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....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!
  1. Listed by Nina Alexandra Long Fox • Funkhouser Real Estate Group
    P: (540)-860-8710 nina@funkhousergroup.com

Property Details for 505 Mechanic Street

Tax ID Number
42A3-A-69B
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Farmhouse/National Folk
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 10/02/2025 09:08 AM

Property Details for 505 Mechanic Street

StatusActive
MLS #VAPA2005422
Days on Market132
Taxes$1,652 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1913
Lot Size5.00 AC / 217,800 SF
CountyPage County

Location

Listing Courtesy of Funkhouser Real Estate Group
Add your commute

Building Information for 505 Mechanic Street

Stories2Year Built1913Building Size-Lot Size5.00 AC / 217,800 SF

Payment Calculator

$2,989 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,851

Property Taxes

$138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Mechanic Street

Location
Location
  • In City Limits: Yes
  • School District Name: PAGE COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140891661
  • SchoolDistrictSource: Listing Agent
  • County: PAGE
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $163,600
  • Year Assessed: 2025
  • County Tax: $1,194
  • Improvement Assessed Value: $143,000
  • City Town Tax: $458
  • Land Assessed Value: $20,600
  • Clean Green Assessed: No
  • Land Use Code: 110R
  • Zoning: R-3
  • Tax Lot: 69B
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 3
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 3
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
Rooms
  • Stories: Main, Upper 1
Financial Information
Financial Information
  • Annual Rental Income: $20,323
Building Info
Building Info
  • Year Major Reno Remodel: 2025
  • Total Finished SQFT: 1,524.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 16328601
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Massanutten Board of REALTORS

Property History for 505 Mechanic Street

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Listed (Active)

BRIGHT #VAPA2005422

$585,000—
DateEvent & SourcePrice
09/30/2025

Listed (Active)

BRIGHT #VAPA2005422

$585,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Mechanic Street

Taxable ValueLand$20,600Additions$143,000Total$163,600
Tax Record2025$1,194 ($100 / month)
Home Facts
Beds4Total Finished SqFt1,524 SqFtAbove Grade Finished SqFt1,524 SqFtStories2Lot Size89,516 SqFtStyleSingle Family ResidenceYear Built1913Year Renovated1976ZoningR3CountyPAGEAPN42A3 A 69B

Schools near 505 Mechanic Street

This home is within Page County Public Schools.
Rating
School
Type
Grades
Distance
Luray Elementary School
Public - PK to 5
Luray Middle School
Public - 6 to 8
Luray High School
Public - 9 to 12
Springfield Elementary School
Public - PK to 5
Rating
School
Distance
Luray Elementary School
PublicPK to 5

Luray Middle School
Public6 to 8

Luray High School
Public9 to 12

Springfield Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 505 Mechanic Street, Luray, VA 22835

505 Mechanic Street is a single family home for sale in Luray, VA 22835. This property was listed for sale on September 30, 2025 by Funkhouser Real Estate Group, it's currently listed at $585,000. This listing's school district is Page County Public Schools. Nearby schools include Luray Elementary School, Luray Middle School and Luray High School. 505 Mechanic Street is a 4-bed, 2-bath, 1,524 sqft single family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Funkhouser Real Estate Group

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/02/2025 09:08 AM