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505 Mechanic St

Luray, VA 22835
  • $585,000
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: VAPA2005422
UPDATED: 51 min ago
$585,000
  • 4
    BEDS
  • 5
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,524
    SQFT
  • $384
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1913
Area:

School Information

Middle School:

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. 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!

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Listing information © 2026 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2026-01-14T15:12:37.973.
www.klineandcorealestate.com/homes/168396988
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505 Mechanic St Luray, VA 22835

  • Price: $585,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 51 min ago
  • MLS #: VAPA2005422
4
Beds
2
Baths
0
½ Baths
5
Acres
1,524
SQFT
$384
$/SQFT
1913
Built
Neighborhood:
None
Area:
Page
Middle School:
Other
Property 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. 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!
Exterior Features

Architectural Style Farmhouse Construction Materials Vinyl Siding Foundation Details Block Garage YN No Pool Features None Roof Metal Other

Interior Features

Above Grade Finished Area 1524 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central Air Cooling YN Yes Heating Electric Heat Pump Heating YN Yes Levels Two Main Level Bathrooms 1 Main Level Bedrooms 1

Property Features

Association YN No Building Area Total 1524 Lease Amount 20323.25 Lease Amount Frequency Monthly Lease Considered YN No New Construction YN No Possession Close Of Escrow Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Sale Or Lease Indicator For Sale Sewer Public Sewer Tax Annual Amount 1652 Tax Year 2025 Water Source Public Zoning Description R-3 Residential

Listing provided courtesy of Funkhouser Real Estate Group: 540-743-4545.


Listing information © 2026 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2026-01-14T15:12:37.973.
 
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Kline & Co Real Estate
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