505 MECHANIC ST, LURAY,VA 22835

$585,000

505 MECHANIC ST, LURAY, Virginia 22835 - $585,000

4 Bedrooms
2 Bathrooms
1,524 Sq.Ft
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

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 family 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!

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Property Details
Basic Details
Property Type : Residential
Price : $585,000
Bedrooms : 4
Bathrooms : 2
Floor Size : 1,524 Sq.Ft
Year Built : 1913
Lot : 5 Acre
Status : Active

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Features
: Heat Pump, Electric
: Central ac

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Address Map
US
VA
Shenandoah Valley
Page
LURAY
NONE
22835
W79° 31' 50.6''
N38° 40' 4.7''

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Schools
Other

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

Additional Details
2
1,524 Sq.Ft
1,524 Sq.Ft
Residential
: R-3 Residential
No
2 story
Public records
: Farm house, National folk
: Concrete block
No
No
42A3-A-69B
: Settlement
Public Sewer
Active
: Public water
$0
None
383.86
2025
1652
: Vinyl
No
: Metal - other

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 409-4056

    deidre@virginiaestates.com







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    For immediate response contact Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Funkhouser Real Estate Group represents the interest of the seller 540-743-4545 VAPA2005422. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.