None

Luray, VA 22835

$8,500,000
Price
15,158,880 / 348
Lot Size / Acres

Description

Extraordinary chance to own one of Shenandoah Valley’s most stunning properties. 348 acres in the Blue Ridge Mtn foothills in historic Luray, VA, including the Caverns Country Club & surrounding Oh Shenandoah homesites. With over 1.25 miles of frontage on the Shenandoah River, enjoyment & opportunities abound. Caverns Country Club is an operating 18-hole par-72 golf course & 3900 sqft clubhouse.  The parkland-type setting has gently-rolling fairways and incredible vistas of the nearby mountain ranges....Extraordinary chance to own one of Shenandoah Valley’s most stunning properties. 348 acres in the Blue Ridge Mtn foothills in historic Luray, VA, including the Caverns Country Club & surrounding Oh Shenandoah homesites. With over 1.25 miles of frontage on the Shenandoah River, enjoyment & opportunities abound. Caverns Country Club is an operating 18-hole par-72 golf course & 3900 sqft clubhouse.  The parkland-type setting has gently-rolling fairways and incredible vistas of the nearby mountain ranges.  Infrastructure includes a comprehensive irrigation system and maintenance barn. Oh, Shenandoah offers a residential development opportunity w/ 100+ county-approved lots. Current zoning will accommodate single-family, multi-family, and age-restricted housing; camps & campgrounds; outdoor recreation; and more. The land would also lend itself to various future uses & redevelopment. Re-imagined, it and would be an excellent site for a resort or lodging operation. 90 mins from Washington, DC; less than 15 miles from I-81. This property has excellent access to travel corridors, area attractions, and national parks. Nearby conveniences include grocery, pharmacy, restaurants, a public use general aviation airport, and more just minutes away.
  1. Listed by RONDA PEARL • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
    C: 434-760-1718 ronda.pearl@sothebysrealty.com
  2. Listed by CHRIS SUTTON • CORE REAL ESTATE LLC
    C: 410-913-4261 chris@corecville.com

Property Details for None

Subdivision
NONE
Directions
From the town of Luray, take Lee Hwy (Rt 340) west. Right onto Airport Rd (Rt 652). Left onto Homestead Dr (Rt 647). Right into the Caverns Country Club (T.C. Northcott Blvd).
Water
Individual Well
Zoning
R Residential

Location

Listing Courtesy of FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY, RONDA PEARL; CORE REAL ESTATE LLC, CHRIS SUTTON
Add your commute
LISTING UPDATED: 12/09/2023 09:11 PM

Property Details for None

StatusActive
MLS #625672
Days on Market844
Taxes$8,253 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Development
Year Built-
Lot Size348.00 AC
County-

Location

Listing Courtesy of FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY, RONDA PEARL; CORE REAL ESTATE LLC, CHRIS SUTTON
Add your commute

Building Information for None

Lot Size348.00 AC

Payment Calculator

$47,076 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,388

Property Taxes

$688

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for None

Summary
Location and General Information
  • County/Incorporated City: Page
Taxes and HOA
  • Tax Year: 2022
  • Taxes: $8,253.00
  • HOA: No
  • Amenities (HOA/Club/Sub): Clubhouse, Golf
School Information
  • Elem School: Luray
  • High School: Luray
  • Middle School: Luray
Virtual Tour
Property
Lot Information
  • # of Acres: 348.0
  • Price Per SQFT: $24,425.29
  • In Land Use: Yes
Property and Assessments
  • Class: LAND
  • Property Type: Development
  • Best Use: Commercial Development, Multi-Family, Residential, Vacation Site
  • Legal Description: See agent notes.
  • Lockbox: No
  • Agent Hit Count: 125
  • Client Hit Count: 26
  • Listing Services: Exclusive Right to Sell
  • Cable/Internet Available: Cable
Green Features
  • Green Features: No
Utilities
  • Sewer/Septic: Septic Tank
Interior and Exterior Features
Exterior Features
  • Fenced: No

Property History for None

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

None is a 348 ac of land for sale in Luray, VA 22835. This property was listed for sale on January 10, 2022 by FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY, it's currently listed at $8,500,000. None is a 0-bed, 0-bath, 348 ac of land on a 15,158,880 sq. ft. / 348 acres lot.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY, RONDA PEARL; CORE REAL ESTATE LLC, CHRIS SUTTON

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.