202 Lake Arrowhead Rd, Luray, VA 22835
Local realty services provided by:Better Homes and Gardens Real Estate Premier
Listed by: erin m kavanagh, beth davis
Office: exp realty, llc.
MLS#:VAPA2006298
Source:BRIGHTMLS
Price summary
- Price:$649,000
- Price per sq. ft.:$540.83
About this home
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!...
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Home facts
- Year built:1973
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:VAPA2006298
- Added:152 day(s) ago
- Updated:September 23, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Disposal, Kitchen - Island, Microwave, Oven/Range - Electric, Recessed Lighting, Refrigerator, Stainless Steel Appliances, Upgraded Countertops, Water Heater
- Living area:1,200 sq. ft.
Heating and cooling
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Year built:1973
- Building area:1,200 sq. ft.
- Lot area:5.5 Acres
- Lot Features:Backs to Trees, Cul-de-sac, Level, Private, Rural, Trees/Wooded
- Architectural Style:Ranch/Rambler
- Construction Materials:Vinyl Siding
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Schools
- High school:LURAY
- Middle school:LURAY
- Elementary school:LURAY
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$540.83
- Tax amount:$933 (2025)
Features and amenities
- Amenities:Recessed Lighting
Parking
- Parking description:Circular Driveway, Gravel Driveway, Off Street, Paved Driveway
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