202 Lake Arrowhead Rd

Luray, VA 22835
  • $700,000

    Price
  • 3

    Bed
  • 1.5

    Bath
  • 1,200

    SqFt

About the Listing EXPY4 - 76883,3352586

Fully furnished and operating STR, ready day one. Successful vacation rental across from Lake Arrowhead with Build-Ready Expansion Lot. Proven short-term rental, featuring a fully renovated 3-bedroom home on 3.5 private acres, plus an additional 2-acre parcel with 6-bedroom septic approval and active well—ready for immediate development. This 3-bedroom home situated on over 3 private acres just steps from Lake Arrowhead. This proven short-term rental performer offers an ideal combination of prime location, privacy, and guest-friendly amenities in one of the Shenandoah Valley’s most desirable vacation markets. The property’s close proximity to the lake—just a short walk—makes it especially attractive to guests seeking easy access to fishing, kayaking, and outdoor recreation. The home features a modernized interior with updated finishes, a functional layout for groups, and a private back porch that enhances the guest experience. This house is set on an expansive 3.5 acres of serene beauty. With an open sunlit backyard with beautiful shaded sunlight. The perfect place to relax in a hammock or read a book by the babbling brook as the stream runs right on the side of the property. This property delivers a secluded “mountain retreat” but still is conveniently located near downtown Luray and major attractions, including Shenandoah National Park and Luray Caverns—key drivers of year-round tourism demand. With strong appeal to families and outdoor enthusiasts, this property is well-positioned for continued short-term rental success. Ideal for investors seeking a low-maintenance, high-demand vacation rental or a personal getaway with income potential. This property also includes acreage directly across the street, which is even closer to the lake for future opportunity to grow your investment portfolio and increase your return of income. This additional acreage is 2 acres, for a total 5.5 acres. Not only is the additional lot of 2 acres included in this sale, but it also already has a 6 bedroom septic permit on file with the county and an active well. READY to BUILD! All you have to do is bring your vision!

Listing Highlights

Status Active
Days on Site 13
Property Type Residential
MLS ® VAPA2006298
Year Built 1973
Total Square Footage 1,200
Lot/Acreage 5.5
County Page
Neighborhood None Available
School District Page County Public Schools
Elementary School Luray
Middle School Luray
High School Luray

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full / 1 Half
  • Appliances: Refrigerator, Microwave, Dishwasher, Oven/Range - Electric, Stainless Steel Appliances, Disposal, Water Heater
  • Air Cond:
  • Heating: Heat Pump(s)
  • Fireplaces:
  • Floor: Luxury Vinyl Plank
  • Above Ground Sq Ft: 1200
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: Recessed Lighting,Kitchen - Island,Upgraded Countertops,Floor Plan - Traditional,Floor Plan - Open,Main Floor Bedrooms: 3
  • Water: Other

Exterior Details

  • Lot Description: Backs to Trees,Cul-de-sac,Level,Trees/Wooded,Private,Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Zoning: W-C
  • Roof:
  • Others:
  • Sewer: Other
  • Parking Features: Paved Driveway,Gravel Driveway,Circular Driveway,Driveway,Off Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $933
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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202 Lake Arrowhead Rd Luray, VA 22835

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Originating MLS: BRIGHT_MAIN

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