1. Virginia
  2. Luray
  3. 505 MECHANIC ST
$585,000

505 MECHANIC ST, Luray, VA 22835

  • 4 beds |
  • 2 baths |
  • 1,524 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $384/sqft
  • Property List Date Icon Listed 10 days ago

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!

Listing Status:
Active
Date Added:
September 23, 2025 at 05:00AM
Listing Office:
Funkhouser Real Estate Group : 540-743-4545
Listing Agent:
Nina Fox : 540-860-8710
MLS ID:
VAPA2005422
  • A/C: Central Air
  • Heating: ElectricHeat Pump
  • Style: Farmhouse
  • Pool: None
  • Roofing: MetalOther
  • General: Vinyl Siding2Block
  • Originating MLS: CAAR_BRIGHT
  • County: Page
  • Zoning: 42A3-A-69B
  • Water: Public
  • Sewer: Public Sewer
  • Source: CAAR_BRIGHT

This listing courtesy of Nina Fox, Funkhouser Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Luray Elementary School

555 First St, Luray, VA, 22835

Grades PK-5

1.01 miles away

L

Luray Middle School

14 Luray Ave, Luray, VA, 22835

Grades 6-8

0.88 miles away

L

Luray High School

243 Bulldog Dr, Luray, VA, 22835

Grades 9-12

1.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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