505 Mechanic St, Luray, VA 22835
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
505 Mechanic St,Luray, VA 22835
$585,000
- 4 Beds
- 2 Baths
- 1,524 sq. ft.
- Single family
- Active
Listed by: nina alexandra long fox
Office: funkhouser real estate group
MLS#:VAPA2005422
Source:BRIGHTMLS
Price summary
- Price:$585,000
- Price per sq. ft.:$383.86
About this home
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!
Contact an agent
Home facts
- Year built:1913
- Listing ID #:VAPA2005422
- Added:159 day(s) ago
- Updated:March 08, 2026 at 01:36 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,524 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Roof:Metal
- Year built:1913
- Building area:1,524 sq. ft.
- Lot area:5 Acres
- Architectural Style:Farmhouse/National Folk
- Construction Materials:Vinyl Siding
- Foundation Description:Block
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$585,000
- Price per sq. ft.:$383.86
- Tax amount:$1,652 (2025)
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