505 Mechanic St, Luray, VA 22835

Luray
Local realty services provided by:Better Homes and Gardens Real Estate Pathways
505 Mechanic St,Luray, VA 22835
$585,000
  • 4 Beds
  • 2 Baths
  • 1,524 sq. ft.
  • Single family
  • Active
Listed by: nina fox
Office: funkhouser real estate group
MLS#:VAPA2005422
Source:CHARLOTTESVILLE

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...

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Home facts

  • Year built:1913
  • Listing ID #:VAPA2005422
  • Added:204 day(s) ago
  • Updated:March 27, 2026 at 02:43 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,524 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1913
  • Building area:1,524 sq. ft.
  • Lot area:5 Acres
  • Architectural Style:Farm House
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block
  • Levels:2 Levels

Schools

  • Middle school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$383.86
  • Tax amount:$1,652 (2025)
“Based on information submitted to the MLS GRID as of March 27, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.” "Listings courtesy of APPLICABLE MLS as distributed by MLS GRID.

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